Cryptocurrency Mining - Minergate vs. Nicehash vs. Ethermine.org pool
cryptocurrency·@brutalboris·
0.000 HBDCryptocurrency Mining - Minergate vs. Nicehash vs. Ethermine.org pool
I have been using Minergate GUI, console, or android app exclusively for Monero/Fantomcoin mining for about 15 days now and feel that it is time for a comparison to the other tools I have tried. I really do not feel like I am getting a very good hashrate on Minergate... It has been 16 days and on a TON of devices (up to 6 pcs and 10 androids) and I haven't even mined 1 whole Monero yet. I am going to try to be concise with this analysis as if I get into too many details either you or I will get lost. My totals across 6 computers all using CPU and GPU mining is fairly meager in my opinion. On average I am mining .05761 Monero every 24 hours across ALL of my machines for the last 16 days using Minergate, PPLNS (approximately 24/7) Output with Minergate GUI/console: .92 Monero 675 bytecoin 2.5 Fantom .75 Aeon I am certain I am paying almost as much in power as I have mined! OK, you have a decent feel for how Minergate has worked for me now let's do a quick test on Nicehash.com Keep in mind, it appears that I will ultimately pay approximately 4% on the high end in fees to Nicehash.com. My feels for PPLNS and to transfer out payment of Monero in Minergate were approximately 1.02% total. The main build I am going to use for this test of Nicehash and Ethermine.org processes includes an i7 3770k proc, 32GB ram, Samsung SSD for OS, and dual GTX 1070's overclocked +400Mhz memory clock. <b>Nicehash benchmark</b> shows me at the below, but they convert everything to BTC payouts and use PPS by default: 169.8 H/s XMR, .00012482 BTC per day on CPU + 845.7 H/s Equihash (Zcash) .00215056 BTC per day on GPUs  After running a full out test with this system documented above, I was able to generate .00002967 BTC, and Nicehash's daily suggested output in USD was going to be .0029 or $7.39 daily USD. I have currently been mining all my systems across various tools and have only been averaging $11 a day (calculating in fluctuations in coin values). SO, $7 with only 1 of my systems on Nicehash seems pretty darn good even with up to a 4% fee!  Looks like from this chart I only captured 27 minutes, but still great info, "Main" is the system name I used:  OK, so lastly, here is some analysis on the few systems I can run high end GPU on the pool Ethermine.org, using Genoils ethminer tool. My "effective" hashrate they show is an average of 47.3 Mh/s on the system listed in the above details (dual 1070s). My console output shows an average of 59 Mh/s so I am guessing there is a default loss of 20% of effective rate from what they show. Mingergate also showed discrepancies, but Nicehash seemed to be right on (for the 30 minute test).  I am averaging .019 Ethereum per day on this system, and after 16 days that equates to ~$4.61 per day at the current value of ethereum. The hashrates they display seem to fluctuate heavily, so that concerns me a little as well:  My output for 30 minutes on this pool is approximately $.09611. Hopefully this helps you guys get a little bit of a feel on potential output from each tool, this was a very simple analysis but I honestly feel like even with the 3-4% fee I may be better off just using Nicehash. I have solo mined for a short bit and never hit a block, so like most people I have moved to pools. Good luck. Who am I? <b>BORIS!</b>