Anyone noticed ?

[swogerino]

I was checking why my daily rewards in Ethereum mining got up and my rewards in Ethereum Classic were going down.I have two rigs which we mine one Eth and one Etc.When I checked network difficulty I saw at Eth from 6.6 P to 6.06-6.12 P and for Etc 259 T to 297 T.Are miners flooding to Etc ?This does not make any sense to me because Ethereum gives better money in return for mining,or it is because now we start to feel the missing miners from China ban ?

[sxemini]

I was checking why my daily rewards in Ethereum mining got up and my rewards in Ethereum Classic were going down.I have two rigs which we mine one Eth and one Etc.When I checked network difficulty I saw at Eth from 6.6 P to 6.06-6.12 P and for Etc 259 T to 297 T.Are miners flooding to Etc ?This does not make any sense to me because Ethereum gives better money in return for mining,or it is because now we start to feel the missing miners from China ban ?

ETC price go up yesterday, you missed this point so many miners change to ETC mining from elsewhere.  So i see nothing special, all is fine.

[batsonxl]

Yes miners follow whatomine.What gives most profit they switch.

[P00P135]

Just 4GB GPU's chasing profits.

[JayDDee]

Is ETC affected by LHR?

[skablast]

yes. it is

[FP91G]

I was checking why my daily rewards in Ethereum mining got up and my rewards in Ethereum Classic were going down.I have two rigs which we mine one Eth and one Etc.When I checked network difficulty I saw at Eth from 6.6 P to 6.06-6.12 P and for Etc 259 T to 297 T.Are miners flooding to Etc ?This does not make any sense to me because Ethereum gives better money in return for mining,or it is because now we start to feel the missing miners from China ban ?

Do not draw conclusions based on the results of 1-2 days.
If one of the coins becomes more profitable on the same algorithms, then its hash rate increases until the profit is the same for both coins.
In China, the struggle with miners also continues, so sparkpool has lost a lot of hashrate, and now takes 2nd place in Ethereum mining.

[mak013]

What is with profit now? I agree with FP91G, the profit can change quick for several days, then miners see coin pump. But usually it continuous just 3-5 days.

[adaseb]

Usually with these low to mid cap coins the difficulty can change drastically for many reasons. There is very little profit to begin with so if someone has a large farm of old GPUs and there is a coin that is 10% more profitable, they will switch over all their rigs to that coin.

And I am pretty sure these days there are pools or software out there like Nicehash that automatically switches to the most profitable coin. I remember back in the 2013-2014 days there was no such thing, you had to manually use the difficulty and price of the coin to determine which is more profitable. If you managed to do this extra work every day you could of net slightly more income by switching to a completely different coin. These days its all done automatically.

[batsonxl]

Usually with these low to mid cap coins the difficulty can change drastically for many reasons. There is very little profit to begin with so if someone has a large farm of old GPUs and there is a coin that is 10% more profitable, they will switch over all their rigs to that coin.

And I am pretty sure these days there are pools or software out there like Nicehash that automatically switches to the most profitable coin. I remember back in the 2013-2014 days there was no such thing, you had to manually use the difficulty and price of the coin to determine which is more profitable. If you managed to do this extra work every day you could of net slightly more income by switching to a completely different coin. These days its all done automatically.

Yes i hate nicehash keeps changing their users. I cant calculate profit for RVN and BEAM because it goes up and down again and again.it is sinawave.

https://2miners.com/rvn-network-hashrate

[FP91G]

Usually with these low to mid cap coins the difficulty can change drastically for many reasons. There is very little profit to begin with so if someone has a large farm of old GPUs and there is a coin that is 10% more profitable, they will switch over all their rigs to that coin.

And I am pretty sure these days there are pools or software out there like Nicehash that automatically switches to the most profitable coin. I remember back in the 2013-2014 days there was no such thing, you had to manually use the difficulty and price of the coin to determine which is more profitable. If you managed to do this extra work every day you could of net slightly more income by switching to a completely different coin. These days its all done automatically.

Yes i hate nicehash keeps changing their users. I cant calculate profit for RVN and BEAM because it goes up and down again and again.it is sinawave.

https://2miners.com/rvn-network-hashrate

You will not be able to calculate the profit in advance, because the situation can change quickly and any miner can change the pool daily if he considers it more profitable. Mine one coin, but always keep some of the coins to increase the price in order to sell more profitably.

[philipma1957]

Usually with these low to mid cap coins the difficulty can change drastically for many reasons. There is very little profit to begin with so if someone has a large farm of old GPUs and there is a coin that is 10% more profitable, they will switch over all their rigs to that coin.

And I am pretty sure these days there are pools or software out there like Nicehash that automatically switches to the most profitable coin. I remember back in the 2013-2014 days there was no such thing, you had to manually use the difficulty and price of the coin to determine which is more profitable. If you managed to do this extra work every day you could of net slightly more income by switching to a completely different coin. These days its all done automatically.

Yes i hate nicehash keeps changing their users. I cant calculate profit for RVN and BEAM because it goes up and down again and again.it is sinawave.

https://2miners.com/rvn-network-hashrate

You will not be able to calculate the profit in advance, because the situation can change quickly and any miner can change the pool daily if he considers it more profitable. Mine one coin, but always keep some of the coins to increase the price in order to sell more profitably.

yeah I mine

btc
eth
ltc/doge
xmr
bch

I mainly gear everything to growing btc.

but I check all my other coins which I hodl for 10 days or 20 days at a time.  I then with cash them out or convert them to btc.

[swogerino]

Usually with these low to mid cap coins the difficulty can change drastically for many reasons. There is very little profit to begin with so if someone has a large farm of old GPUs and there is a coin that is 10% more profitable, they will switch over all their rigs to that coin.

And I am pretty sure these days there are pools or software out there like Nicehash that automatically switches to the most profitable coin. I remember back in the 2013-2014 days there was no such thing, you had to manually use the difficulty and price of the coin to determine which is more profitable. If you managed to do this extra work every day you could of net slightly more income by switching to a completely different coin. These days its all done automatically.

Yes i hate nicehash keeps changing their users. I cant calculate profit for RVN and BEAM because it goes up and down again and again.it is sinawave.

https://2miners.com/rvn-network-hashrate

You will not be able to calculate the profit in advance, because the situation can change quickly and any miner can change the pool daily if he considers it more profitable. Mine one coin, but always keep some of the coins to increase the price in order to sell more profitably.

yeah I mine

btc
eth
ltc/doge
xmr
bch

I mainly gear everything to growing btc.

but I check all my other coins which I hodl for 10 days or 20 days at a time.  I then with cash them out or convert them to btc.

I do almost the same,the only difference is that when I want to cash out in dollars,I exchange in Litecoin and then cash out because of the low fees.Other than that,the other coins which I keep I convert in Bitcoin as I consider it to be the best investment in cryptocurrencies.Ethereum though has got my attention now as many people were saying we will see a big rise in July,however until now I have not seen such pattern although I know it is to early.I have kept about 1 Ethereum right now waiting for that big increase,if it does not happen until end of July it will be converted in Bitcoin then.

[mak013]

So, as usual. 1-2 day pump and miners went back to their main coins. It was actual in 2017-18, when every shitcoin pumped. And the were scam exchanges, where were all new shitcoins. I remember how 5x1063 mined me $500 per 12 hours. But nowadays it does not work so.

[batsonxl]

Usually with these low to mid cap coins the difficulty can change drastically for many reasons. There is very little profit to begin with so if someone has a large farm of old GPUs and there is a coin that is 10% more profitable, they will switch over all their rigs to that coin.

And I am pretty sure these days there are pools or software out there like Nicehash that automatically switches to the most profitable coin. I remember back in the 2013-2014 days there was no such thing, you had to manually use the difficulty and price of the coin to determine which is more profitable. If you managed to do this extra work every day you could of net slightly more income by switching to a completely different coin. These days its all done automatically.

Yes i hate nicehash keeps changing their users. I cant calculate profit for RVN and BEAM because it goes up and down again and again.it is sinawave.

https://2miners.com/rvn-network-hashrate

You will not be able to calculate the profit in advance, because the situation can change quickly and any miner can change the pool daily if he considers it more profitable. Mine one coin, but always keep some of the coins to increase the price in order to sell more profitably.

yeah I mine

btc
eth
ltc/doge
xmr
bch

I mainly gear everything to growing btc.

but I check all my other coins which I hodl for 10 days or 20 days at a time.  I then with cash them out or convert them to btc.

Hey philipma1957 with what you mine XMR? CPUs? can you share please