RE: Genesis mining day 16 - valuation going DOWN

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Genesis mining day 16 - valuation going DOWN

in chainbb-general •  7 years ago  (edited)

Hi @wilkinshui , I also started mining with 4mhs 2 months back. I immediately realized it was not going to be as profitable as I originally thought. I did see a very considerable decrease in returns from the first month to the second, it almost halved. Today I decided to re-allocate the hashpower to ETC and see if the return is better than that for ETH.

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Thank you for sharing. I think my contract could not allow let me to switch, so i will need to stick with eth before eth turns into pos. But good that you join 2 months ago, which may mean that you are sitting at a comfortable seat as the coins have been increasing so much.

Not really, I've barely mined 0.4 ETH (it's a 4Mhs contract). I mined 0.15 in one month, afterwards the returns halved, perhaps due to the crazy market.

Your contract should allow you to change. If you want to, just go to the mining allocation section, select Ethhash then allocate the desired percentage to ETC.

However I just did that today, tomrrow I'll see whether the return is better.

thanks. so i can choose ETH or ETC to mine? the other says (auto) what does that mean? thanks man

Yes, you can chose these two for mining. The ones that say AUTO won't be mined, if you chose them, your plan will mine ETH then it will be exchanged to the coin of your choise