Mining Update #5
TLDR this past week's net profit = $11.31
It was kind of a rough week for me as I had numerous technical issues with my workers. This was simply due to me changing up mining software and being a Linux noob. The big jump in profit was all zcash mining which has since taken a nosedive.
OH NOOOO!
Moving forward
I've dedicated my workers to mining Monero on the supportXMR mining pool. Currently I have 3 machines running Ubuntu with CPU miners. I still need to get a GPU miner working on one of them which should double my entire hash rate. It is highly unlikely I will be making any profit at all in the coming weeks or months, shit maybe never, but I believe Monero is massively undervalued at the moment.
Edit: This will be the final Mining Update. Stay tuned for Mining Monero updates...
And here's my latest report card
And some final thoughts
I hear you, I got a AMD 6570 for $25 about a month ago, it is not making much to be worth the time, however also mining monero, I am patiently waiting for the income to buy a better card. Well, looks like you are doing a bit better mining. Good Luck and keep us updated.
Thank you. Ya I'm mainly doing it for the hobby aspect of it all. You really need a high end rig with multiple high end GPU's to make any sort of decent payouts. I'm not interested in making that kind of investment. I've been learning quite a bit. It's still worth my time and it's rewarding, just not that monetarily rewarding lol.