Understanding Profitability

Encounter a problem related to the pool or have a request for a feature? Post your issue here and we will help you out.
Forum rules
Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.

Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.

We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.

For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
Locked
smokechaser1985
Posts: 2
Joined: Thu Sep 07, 2017 2:25 pm

Understanding Profitability

Post by smokechaser1985 » Mon Sep 11, 2017 11:27 am

Hello all,
I'm new to this site. I've been using nicehash for some months and decided to give you guys a try. I have a couple L3+'s. The documentation is not so straightforward in the help section of the site so I'm just going to ask.
1. Can you please help explain the live profitability chart on the main page? On nicehash they just give a daily estimated earnings, then to weeks, etc. How does this compare? How you get a daily payout estimate from these live readings? Is it just the scrypt 4.70 cents X 504 MH/s? so 2368/100. $23 bucks per day estimate or what?
2. why are the BTC's shown as "Automatic" on the '1MH/s expected payouts section'? Why are they significantly more on the BTC value vs the litecoin "LTC" reading? Shouldn't they be paying similar USD values per day.
3. Are there any advantages to this pool vs just using nicehash? What typically has been earning more money per day over the past 6 months for example?
4. How is the reliability of this site?

Thanks!
hashingpro
Posts: 207
Joined: Fri Aug 18, 2017 1:14 am

Re: Understanding Profitability

Post by hashingpro » Mon Sep 11, 2017 10:51 pm

1. yes pretty much the expected payouts tell you what you should have gotten the previous day and can use those to compare.
2. Those are the differences between mining LTC and letting the pool auto pick the best coins to mine...i.e. PH in red...LCP in tan. Values are just in .BTC for comparisons.
3. Same concept, mine the best coin, get $ for the hash power, unlike NH you can pick a coin to be paid in, doesnt HAVE to be in BTC.
4.It's currently offline as of 2 hours ago. Lots of updates, working to make it more stable. Have backup pools/failovers.
Locked