With RTX 30 series sometimes Ergo pays a bit more. With Vega Ergo pays alot more.
Its not as profitable. Especially right now.
It’s ok. Nicehash doesn’t want us to use this anyways.
May as well mine etherium direct and convert for BTC if you want BTC.
See comment #3
Yes, thats a pain in the ass.
So mine etherium direct to ur etherium wallet and instantly exchange for bitcoin. 99.9% of exchanges have bitcoin and etherium and will instantly convert. Ergo is not traded by very many exhanges so thats and extra unecassary step.
Done.
There is no point in mining a less profitable Algo at this time and then just to play musical exhanges.
There are times when Ergo is more profitable then ETH on RTX 30 GPUs. If you have LHR then it’s always more profitable.
On Vegas Ergo is way more profitable than ETH.
There are times, yes. But its not worth switching back and forth, every 2 days or less.
If you want hold Ergo. Just buy it outright, for the most part its not worth the wattage.
When Eth 2.0 comes then its Raven and Erg all day long.
I think poeple just like to mine other coins just because they can, to each their own i guess. Im in it for the most profits, Etherium is it for now.
It’s not worth switching around, which is why I mine Erg on NiceHash. Boom, now you understand.
If you are really into the profits then switching around is no issue. Post Eth, difficulty and profitability will be constantly in flux, so you better get used to it.
So mine Nicehash Ethash for BTC, for the most profits. There is no point in mining Autolykos on Nicehash, unless you just feel like making less money.
Switching back and forth IS an issue, its down time and it also screws up ur average hasrates in the pool.
For my hashrates as of right now its 5$ less a day than Eth. Thats $150 a month.
To each their own i guess.
Ah now I see where you’re getting it wrong. To be fair most people make this mistake also. If you are just putting in your overall hashrate you won’t get the full picture.
Different GPUs perform differently on other algorithms. Which means profitability is different. You should try different models of GPU individually, and adjust hashrates to proper levels, to see what profitbability really looks like. eg. 5700s bring ERG profit way down, RTX30 and Vega push ERG profit up.
If you have Vegas and you are mining ETH right now you are certainly losing.
1 Like
Really? LOL
Plug in what gpus you have into Whattomine.com, (not hash rate)That gives you a baseline of your profits across all Algorithms at default overclocks
Even after you overclock all ur Gpus ,99.9% of ALL the Gpus give the same hash-rates, in that model/series of GPU, unless ur shit is broken.
Dont tell me you havent heard of whattomine.com?
Tell me what you have for GPUs and ill let you know whats more profitable
I’ve mentioned Vegas several times now yet you haven’t asked about them at all. You must not be a curious person.
Just stick to ETH man, leave this ERG stuff to the pros.
Go ahead, Keep making less money…lol
My calculator says I’m making more. /shrug
I agree with Hotness, I often change algos between ETH and ERG for my AMD rigs.
During the day the rigs often get very hot with the climate here during the summer season, and running on a cooler algo such as Ergo allows my rigs to continue running rather than on ETH having to shutdown.
Everyone has their reasons why they “change” their rigs to mine on different algos, why so opinionated? its not your investment to make the choice?
contribution factors to make a choice to mine alternate algos…
- mining difficulty
- price fluctuation
- speculation for a future market price of the coin
- climate conditions
- freedom of choice and that is their right!
- etc etc…
The best advice anyone can give is Mine for the most profits, thats why we are here.
Whatever pays the most, im gonna mine it. Hot or cold.
Right now Vegas are earning more on Nicehash Ergo than direct mining. Luckily I was already doing that.
FYI an RTX 3070 should get about 170 mhs on ERG. Next time you play what WTT use that figure.
I use the figures ive actually gotten.
165 MH at 110 watts for each 3070 on Ergo
Etherium still wins
This is beginning to get frustrating… put Vegas into WTT.
You can tune your 3070 better.