Little help for mining

[wurzelsepp82]

Hi all,

me and a friend have 8 Antminer and dont know what is better for mining:

1. Each of us mining with 4 Antminer

2. We are mining with 8 in one "Wallet" and share the BTC

What do you think is better??


Thx Wurzelsepp

[byt411]

Hi all,

me and a friend have 8 Antminer and dont know what is better for mining:

1. Each of us mining with 4 Antminer

2. We are mining with 8 in one "Wallet" and share the BTC

What do you think is better??


Thx Wurzelsepp

I say mine on the same computer, since electricity costs will be less.
And you should be mining on a pool.

[wurzelsepp82]

we dont pay for electricity ...
i just want to know what is more effective?

[byt411]

we dont pay for electricity ...
i just want to know what is more effective?

No difference. Where are you mining?

[Equate]

If  you are pool mining , it should not make any difference

[wurzelsepp82]

BTC Guild

[byt411]

BTC Guild

Then there is no difference.
Good Luck.

[wurzelsepp82]

You have a better pool?
Where are you mining?

[byt411]

You have a better pool?
Where are you mining?

I suggest you mine on p2pool. The earnings aren't better, but it helps protect the BitCoin Network.

If you want maximum profit, mine on ghash.io, since it has a 0% fee.
Sign up here: http://cex.io/r/0/byt411/0/
Then go to http://ghash.io and log in.

[wurzelsepp82]

is it not better to mine in a "smaller" Pool?
ghash is the biggest one right? i have only 8 Antminer ...

[byt411]

is it not better to mine in a "smaller" Pool?
ghash is the biggest one right? i have only 8 Antminer ...

It makes no difference.
You still get paid the same, or more, on ghash.

[cryptomine7]

What minning pool are you guys using.

thanks

[byt411]

What minning pool are you guys using.

thanks

For maximum profit, use ghash.io. Link here: http://cex.io/r/0/byt411/0/
For protection of the bitcoin network, use p2pool. Link here: http://www.p2pool.info/

[blueeyes8960]

We just started our first miner 2 days ago with a Avalon 2 Bitcoin Miner v2.  Here is our stats:

MHS5s - 219534.85
Temp 59
DH% 2.3596
NMW 48352
Firmware 20131229

We have 3 workers all mining in Slush.  Not having any experience with this, anyone have any thoughts or suggestions?

Thanks!

[TinyBBC]

Technically there is no difference, but if you mining with 8 in one "Wallet" and share the BTC
there might be a little inconvenience, such as when to send each one the money

[wurzelsepp82]

ok and is it better to mine Bitcoins or other coins?

[byt411]

ok and is it better to mine Bitcoins or other coins?

If you have Antminers, the best coin to mine is Bitcoin.

[philipma1957]

ok and is it better to mine Bitcoins or other coins?

varies day by day.  there are software programs that look for the best priced coin to mine and auto switch.


but for safety  mining at btcguild.com is very good as is mining at cex.io



some multipools have been dishonest.  also with 8 usb sticks you are in the learning phase.  you need to learn how to store your coins and spend them if you want .

[wurzelsepp82]

not 8 Usb Stick … i have 8 Antminer S1

[byt411]

not 8 Usb Stick … i have 8 Antminer S1

Doesn't matter. I recommend you to just stick with bitcoin.