Hello ZCash mining experts,
I had huge hopes for profits from ZCash mining, but after running my rig for 3 days straight, I’m only making about $1.42/day (using Nicehash miner, price of ZCash currently $206.69). I was expecting around $7/day. Is this small income normal?
I’m extremely driven to get this mining operation going correctly because most of my life was spent with health problems that kept me from working (I’m 42 now). Within the past 2 years, my health problem have been resolved, so I’m looking to make up for lost time. My friend, who introduced me to mining, told me he was making $350-$400 per month with his 6gpu rig back in January (ZCash was only about $48 then). At the current price of ZCash, I could be making close to $200/month off 1 gpu, if my calculations are correct. With my computer knowledge, I thought maybe ZCash mining would be the door to the bright future I always wanted.
However, after seeing my income at only $1.42/day ($42/month), I’m starting to have my doubts. Am I missing something? What do I have to do to bring out my miner’s full potential? Do I need to do further optimization, or do I need to readjust my expectations? If my daily income is accurate, what is the huge draw to ZCash mining (or mining, in general)?
Here is my setup:
-64GB sata2 ssd
-4 pcie motherboard
-presently using only a single MSI Radeon RX 580 4GB OC (Core clock set for 1.473GHz, but actually runs between 1.250GHz-1.288GHz); Memory Clock is 1.871GHz.
-Using Afterburner with Crimson Relive 17.8.2
-Using Nicehash Miner Legacy v126.96.36.199
Here are some screen grabs:
Thank you to any help that can be offered.