All About BTC, LTC, ETH mining as well as other alternative crypto currencies
In the last few days Siacoin (SC) mining has been picking up with the release of the first public mining pools as prior that only solo mining was possible. The profitability for mining Siacoin and then selling immediately is quite good, so some miners have moved away from mining Ethereum and other altcoins to check out SIA. To get a better idea on what profit you can expect mining Siacoin you can use the simple Siacoin Mining Calculator, all you have to do is enter your hashrate, we would recommend using the Siacoin Go pool miner for AMD and Nvidia GPUs and below you can find some benchmarks for the expected hashrate from various AMD and Nvidia GPUs using the miner (non overclocked):
Siacoin Go Pool miner hashrate:
– GTX 1080 – 1945 MHS
– GTX 1070 – 1466 MHS
– GTX 980 Ti – 1220 MHS
– GTX 970 – 803 MHS
– GTX 950 – 385 MHS
– GTX 750 Ti – 301 MHS
– RX 480 – 872 MHS
– R9 280X – 849 MHS
– R9 290x – 1116 MHS
There are already two public mining pools available – Siamining (Pay Per Share) and Sia Nanopool (PPLNS) that you might want to check out. There are also a couple of different miners, but the best one for the moment seems to be the Siacoin Go pool miner that uses OpenCL, but works on both ADM and Nvidia GPUs. Do note that what makes Siacoin even more attractive not just to mine and sell your coins, but to keep them is that there is a decentralized storage service that actual already relies on these crypto tokens to operate.
There is now a mining calculator available for HOdlcoin (HODL) our current favorite for a CPU-only mineable crypto coin. The calculator makes it easy to get a good idea on how much you might be able to earn using your CPU for mining the coin. The calculator gives you only information about what you can mine, but your profit can increase significantly thanks to the interest you get and if you deposit the coins for a term, taking advantage of the still quite high interest rate. Another interesting new feature with HODL is the recent introduction of a custom HOdlcoin block explorer that gives interesting and useful information on how things are moving with the coin and its network, so do check that out as well.
Here is a nice and useful software for everyone using Nvidia GPUs for mining crypto coins, especially for people that have built mining rigs based on the very popular for mining GeForce GTX 750 Ti video cards. The tool is called Profit Calculator and in open source, being developed by a user called KBomba. It queries different crypto exchanges such as Bittrex, Mintpal and Cryptsy for coin prices, uses services like WhatToMine, CoinTweak and CoinWarz for the current coin difficulty and block rewards and also checks Nicehash for their current prices as well as PoolPicker for the most profitable pools. The result you get is a list based on profitability that includes not only the most profitable coins to mine, but also the most profitable multipools as well with an estimate on the expected revenue.
The hashrate values that are preset in the tool by default are for a single GTX 750 Ti GPU, but you can change them for other cards if you know the hashrate values of your hardware for the different algorithms. This actually makes the tool useable not only for Nvidia, but also for AMD-based mining rigs as well, though you should first check what hashrate will your hardware be able to provide in order to be able to get more accurate results for what your earnings should be. So do give the tool a try, it can be quite useful even if the results may not always be absolutely accurate, you can still get a pretty good idea about the current market and coin profitability.