Neoscrypt Earnings on Nicehash Going Down

in mining •  7 years ago  (edited)

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I have been mining Neoscrypt on Nicehash for the last 5 weeks and until 7 days ago, I was very happy with what I was earning.

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Each of my Nvidia 1070s is doing about 1.06 MH/s using the KlausT version of ccminer and was earning an average of $5.70 a day. Now each gpu is earning about $3.00 a day. Bitcoin dropping in price is one of the reasons for the decrease in earnings. The drop in the average profitability in BTC/day on Nicehash is another reason.

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The average pay rate for mining Neoscrypt on Nicehash for the last 30 days is 0.3552 BTC/GH/day. In the last 7 days the average pay rate has gone down to 0.3276 BTC/GH/day and in the last 24 hours it's down to 0.2982 BTC/GH/day.

I can't complain too much about my earnings going down, because like I said, I had very good results mining Neoscrypt on Nicehash. In the last 5 weeks I earned about 30% more than if I had mined Ethereum, which is what I usually mine and most likely what I'll be mining again starting tomorrow.

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