Protoshare GPU Mining Profitability Versus LTC Mining
1
Feb
2014
The last 24 hours we tested mining Protoshares at the 1GH PTS mining pool using their GPU miner along with a single AMD R9 Radeon 280X graphics card to see what we can expect in terms of mined PTS and check the profitability if PTS mining with GPU versus LTC mining with GPU. With the difficulty of the Litecoin going back higher and the increase of the price of the Protoshares lately with the boom of GPU mining it is interesting to see what is more profitable to mine with your graphics cards.
The current Litecoin difficulty of 3300 ensures that with a single graphics card such as the Radeon 280X that we’ve used you are going to be mining about 0.2195 LTC per day. That is the earnings if you are directly mining LTC and not mining alternative cryptos that you then trade for LTC giving you higher profit.
The two CPUs we’ve used for mining are:
– AMD R9 Radeon 280X graphics card running at 1050/1500 clocks
The 1GH pool we used for PTS mining has:
– 3.5% fee
The total earnings for 24 hour period (confirmed + unconfirmed):
– 0.5229 PTS
The value of the Protoshares mined for 24 hours is as follows:
– 0.00799201 BTC
– 0.29450000 LTC
– ~$6.46 USD
So while there is not much point in mining Protoshares (PTS) with CPU anymore, there is a good point in mining for Protoshares instead of directly mining for Litecoin as this will give you slightly higher profitability if you exchange the mined PTS for LTC. Judging from our results you cans ay that at the moment GPU mining Protoshares you can earn about 34% more than mining with the same graphics hardware for Litecoins. So if you are interested in PTS mining, we do recommend you to give it a try at the 1GH PTS pool with a single GPU to see if you are going to be happy with the result you will get.
- Publihsed in: Tests and Reviews
- Related tags: 1GH pool, GPU mining, Protoshare, Protoshare GPU mining, Protoshare GPU mining profitability, Protoshare mining, Protoshare or LTC, Protoshare profitability, Protoshare versus Litecoin, Protoshare versus Litecoin profitability, PTS GPU mining, PTS GPU mining profitability, PTS mining, Radeon 280X, Radeon 280X GPU mining
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1 Response to Protoshare GPU Mining Profitability Versus LTC Mining
William Bowers
February 24th, 2014 at 04:01
are you trying to say that 1gh is more profiable then Ypool , the CPM rate with the new update miner for 1gh is more then half the speed i am getting from ypool miner