In many of these
posts, I have tried to give you solid information based solely on
experience, rather than opinion. I will always use the ASIC as the
primary miner, and always use GPU, and CPU as the secondary and the
assist.. The reason is simple, PRODUCTION OF COINS.
This simply means,
I have decided which staking coin I will use as my main coin. This
will stake as I deposit more regularly. The coin you choose is based
solely on you. I prefer a coin that is equivalent to 0.00000001, One
Satoshi. This is mainly because I will accumulate a percentage on
the amount of coins in my wallet, rather than the Dollar which is an
illusion and does not exist.
For those of us
that are miners and actually live off of the crypto, you will notice
that you could have $1.50 in your wallet one payout, and $4.25 the
next. This is simply because the mining protocol as well as the
block-chain does not recognize any monetary amount, it is not
regulated, it does not payout even. This is why you must pick the
right pool.
I for one will
never mine any longer on a pool that you have to register on. The
main reason is I have actually noticed, that they do not follow the
true mining protocol. MINING IS NOT BASED SOLELY ON HASHPOWER.
On a peer to peer
pool I was mining Bitcoin cash at one time. I noticed that every 30
minutes to an hour I got a share, or pay increase. I noticed that I
made $300.00 when the block hit. This is because a peer to peer pool
has no central pool master that pays you. It follows the strict peer
to peer Protocol.
I also noticed that
when I was on a pool that was centralized, the days of getting that
was over. This is because a centralized pool does not follow a strict
share difficulty increase as a peer to peer does. A centralized pool
has you log in so you can join a pool, and the mining experience is
never the same. True it takes a little longer to build up a good
share payout on a peer to peer pool, but at least you get it. Even
Slush pool did not give the same pay increase as a peer to peer.
Which brings me to
pools like ZPOOL.CA. There are others out there, and I stand by these
pools. Two main reasons, your hashpower is in no way competing with
the other miners, as it is, Your hash power that you are providing
the pool is mining the more profitable coin for that minute. This
gives you multiple coins mined rather than one. The second main
reason is you can even be paid out in Bitcoin, Litecoin, or dash, and
in some cases any other coin the pool mines. I personally have
noticed that it took me a lot longer to get close to 1 mBTC on
Slushpool, than it did to get over that amount on a pool like Zpool.
This way I always
have spending cash directly to my wallet from this kind of pool. The
CPU and GPU mining as well as any and all autofaucets I may do are
cashed out as I see fit, and they are converted to the staking coin I
have chosen. This process is always repeated so I have a good income
on the back burner. The point of this article is to show you I have
never listened to anyone else. I have never mined a pool because some
person on Youtube Recommended it. I have never not purchased a miner,
because some person that did not understand the Block-chain did not
make good on it because they used it to mine Bitcoin.
I am now and will
always be an advocate for mining and self responsibility. Learn not
only the ropes for yourself, but learn the mining protocol, the
algorithm protocols, as well as what is the best for you to make
money. Remember you and you alone are responsible for your paycheck
and livelihood, Why would you trust your life to any stranger that
may be uneducated, or worse, not have your best interest at heart?
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