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Calculate Your Expected Profit with the Decred (DCR) Mining Calculator
17 Mar2016
Mining calculators help miners to easily calculate what will be the profit with their available hashrate for a given period taking into account thing such as network difficulty and price of a given crypto coin. There is an easy to use and simple Decred mining calculator available that can give you an idea on how much coins you can expect to mine in a day, month and year with your hashrate. It can be quite helpful for people mining with GPUs to consider what currency is more profitable to mine at the moment and how much they may be able to earn mining Decred. Most people are well aware that at the moment Ethereum (ETH) is probably the most profitable to mine with GPUs, however Decred is not that far behind and you can easily compare your expected profit with Decred if you are currently mining Ethereum.
There are some GPUs that do not meet the minimum requirements that Ethereum has such as the availability of at least 2 GB of video memory, or the performance may not be very good for mining ETH with the specific video card. Such is the case with Nvidia GeForce GTX 750 Ti, a popular lower-end Nvidia-bssed GPU for mining that does not do very well with Ethereum, but can do quite good with Decred as a good alternative. So our advice is to give Decred a go, especially if you have some GPUs that are not OK for Ethereum mining for various reasons. Do note however that Decred is heavier on GPU and has a higher power usage compared to Ethereum, so the power cost is also a bit higher.
In the example screenshot above we see that a single GTX 970 GPU doing around 1300 MHS mining Decred should give you around 1.87 DCR per day or about $4.6189 USD equivalent with the current conditions. For the sake of comparison running the numbers through an Ethereum mining calculator for that same GTX 970 GPU we get 0.476424 ETH or about $5.13 USD per day, so the difference in terms of profitability is not that big as we have already explained.
– To check your expected DCR mining profit with the Decred Mining Calculator…
- Publihsed in: Crypto Coins
- Related tags: DCR, DCR mining calculator, DCR mining profitability, DCR profitability, Decred, Decred mining calculator, Decred mining profitability, Decred profitability
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5 Responses to Calculate Your Expected Profit with the Decred (DCR) Mining Calculator
ED
March 18th, 2016 at 01:44
The concept of pool mining will always gets lower rewards that this. 1000MH/sec should gives around 1.49DCR per day, when mining over dcr.suprnova.cc gives around 1.09DCR per 1000MH/s, according to my earning.
This is over getwork (no stratum for OpenCL) and yes cgminer is properly configured with ”–no-submit-stale –scan-time 2 –queue 0”
The reality is around 36% LESS than expected.
Fred
March 18th, 2016 at 02:18
Try without no-submit-stale.
I am looking at something similiar for mining ETH though.
It is possible that calculators are not 100% accurate yet.
ED
March 18th, 2016 at 02:20
Eth mining calculator: http://badmofo.github.io/ethereum-mining-calculator/
ED
March 18th, 2016 at 02:46
The fact is that they are too much accurate and since mining (solo or pool) has to do with luck, you’ll never get what you’re supposed to get. Mathically speaking, the formula lacks an important parameter: luck. It’s not linear.
I’ve been mining since BTC days and it always been like that.
admin
March 18th, 2016 at 10:29
Both Ethereum and Decred do not come with official stratum support, even though there are some workaround solutions available, this is also making it harder to get more accurate prediction. Difficulty may also change across the day, so that can also affect actual results. As for luck when mining, usually if you use a large enough pool, your luck is not affecting the outcome that much.