In previous Cryptocurrency Mining for Dummies lessons, I have explained how you can use two websites, Whattomine.com and Crypto-coinz.net to research which coins will be the most profitable to mine. Today's lesson will illustrate one way this information can give falsely inflated profit expectations. The focus of this lesson is the coin Smartcash.

Benchmark Your Computer's Mining Hashing Rate, 04:47 AM. Hash rate calculator for cpu mining; How do I test the hash rate of graphics cards? Cryptopia SMART disabled. Can anyone mining with an RX580(s) tell me what your hash rate per card? Dec 7, 2017 - I was able to increase my hash rate with my single 1080ti @ +70/+570 from and avg of 1250MH/s to almost 3000MH/s from switching to ccminer-x64-2.2.3-cuda9 version and increasing the intensity until it was no longer stable (it'll just shut off your command prompt most likely) and then set it just below that. Cryptopia SMART disabled. Can anyone mining with an RX580(s) tell me what your hash rate per card? We have launched a 0% Fee Mining Pool at pool.smartcash.cc! Where are you seeing a network hash rate of 18. Can you still mine Smart on a.

I noticed a few days ago that the price of Smartcash was starting to climb. I went to Whattomine and opened up the Smartcash coin calculator page and entered the hash rate for my GTX 1050 Ti when mining the Keccak algorithm. It showed an estimated reward of approximately 21 coins with a revenue of about $2.50 per day. This looked REALLY good! So I started mining Smartcash.

The next day I looked at my earnings report for the mining pool, but was disappointed to see that I had only mined about 10 coins. Back to Whattomine I went to check if the estimated rewards had dropped over night. The Smartcash coin calculator still showed an estimated payout of approximately 21 coins and revenue of almost $3.00 per day. So I kept the miner running and started planning what I was going to do with all this soon to be new found wealth. The next day, I checked my earnings report and again saw I had only mined about 10 coins.

And that's when I noticed I checked the difficulty reported on Whattomine vs. The pool and saw a difference of about 38%. The lagging network was causing Whattomine to significantly over estimate my reward payout. Silver Lining Even though I was not mining the number of Smartcash coins I expected, there is some good news. Bytecoin BCN Mining Cpu Only on this page. As shown in the 7 day chart below, the price of Smartcash has continued to climb and so I still was able to make a nice profit on the coins I mined.

The Lesson Learned When dealing with mining profit estimating sites, never blindly accept the information given as 100% factual. There are a lot of issues that can cause the estimates to be off. As we saw above, network issues can cause the difficulty to be incorrect. Inaccurate coin prices from exchanges can also drastically affect estimated prices. A little extra effort verifying the information given can prevent you from wasting your valuable mining power. Until next time.

We have launched a 0% Fee Mining Pool at pool.smartcash.cc! What is SmartCash? SmartCash is a community governance, cooperation & growth focused blockchain based currency & economy.

In a traditional crypto currencies such as Bitcoin, the block reward was intended for the miners. But with SmartCash we have turned this upside down, and will be using 70% of the block reward to fund not only the community projects, but also the growth & development of SmartCash. With SmartCash we have placed a huge focus on the community. We highly encourage anyone with the skills to help grow SmartCash to get involved in the community and bring your best creative ideas with you. Resources • • • • • Wallets • • • • • • Get Involved • • • • • • Smarthive • • • • Exchanges • • • • • • Mining • • • •.