MinerGate.. Worth it?
Beside cloud mining at genesis-mining.com, I also tried MinerGate for free mining on personal computer.
I have been mining since 2 days ago and this is what I got.. Do you think this is worth the efforts? If we compare with electricity etc.. any thoughts appreciated.
I'll preface this by saying follow me!!!
Also if you want to read more about mining in the cloud: https://steemit.com/cryptocurrency/@thekenny/mining-cryptocurrency-in-the-cloud
Anyway, here's my two cents from my own mining experience... From a power perspective, I can't tell you if you are making profit; you'll need to tell me more about your rig, the type of graphics card you're using, how much draw is in that graphics card, what your bill is, etc....
From a performance perspective, though, at 44.47 H/s you are getting no where. Can you provide any more context? What are you mining? What is your rig build?
Just to give you an idea, while most people recommend AMD graphics cards for mining, I have some nice NVIDIA's around that I use ocassionally. One is a 1070 and one is a 1080 (both are pretty top-of-the-line) and they are getting 25 MH/s on average. That's not 25 H/s it is 25 MH/s. Not sure how versed you are in computer-speak but that M means that it is 1000x 1 H. So that's basically 25,000 H/s. And that's even considered low.
With that hashrate, I get about... .2 ether every half a month or so. I get the 0.2 because I mine in a pool (nanopool) using Claymore. I also have both graphics cards running at 75 degrees maximum. So it does use a fair bit of energy. Is it worth it? Well... It does cover the electricity bills at around .4 ether per month (it's about $130 per month at the current price of ether).
Hope this helps.
Thanks, great info. How much you invest on those graphic cards?
I've been through that phase. It isn't worth it in my opinion. Maybe using Genesis mining? You're better off just buying some with hard earned money.
thought so too bro
ok i see you are most likely using a Dual core windows computer. You can mine i think its called DigitalBytes instead and you can earn a few a day and its more psychologically fulfulling to see you own a WHOLE coin instead of .0000000000001 of a monero! LOL . also it SEEMS like some coins HASH faster than others. try mining ethereum and see if your hashrash doubles to 70-90. also i use all my old cell phones and even friends phone to add 10+h/s with Minergate Miner for cell
will try to switch to eth then..