Tuesday, December 17, 2013

Update on Mining -- New Pool / Hardware Updates

I have realized that Triplemining may not be the best site for me when it comes to long term mining simply because of the pay per 24 hour method that they use. They only pay you for the shares you solved in the last 24 hours, which is great, if the block ends in a decent amount of time. However, this current block is approaching 700 hours and at this point if you have a Jalapeno miner like myself all that run time is netting you close to nothing. I have decided the new pool I will be using is called Multipool. They also allow you to mine for other coins that use a similar algorithm as bitcoin and they pay based on how many shares you solved compared to the number of shares total, which is much better. I will update on the type of money that I am able with my miners using Multipool in the near future.

As far as my hardware, all is doing well since I got it. I have 6 ASIC erupters that are constantly going and I also have the BFL jalapeno which runs at a constant 50 Celsius  I have fans on all my equipment that is running to ensure that it stays cool. I am so far satisfied with how quickly it can produce, going over 11 GH/S almost all the time!

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