ZEC Profit Ratio from Crypto Cpmpare


#1

It’s April 16th 2019 here in Australia … I’m watching the profit ratio drop extremely Rapidly on CryptoCompare … it was above 100% a few hours ago … now it’s down to 31%

Can anyone help me understand why?
Please help

This Profit ratio per day usually hangs between 80 &120% , I tried another calculator and it had a more correct yearly income which would bring the other percentage up to where it’s supposed to be.I guess I’ll wait a while perhaps there is something wrong with the calculator … Just got nervous there and wanted some advice … thanks for anything you can post on this topic. Thank you.

Electricity is actually .28cents per KwH in AUD … I have done the conversion to USD as the calculator is in USD.
Even with the High electricity cost I am making profits. Still looking for less expensive eletricity though … maybe a co-location/hosting Data Centre.

Im using Innosilicon A9 ZMaster’s … have 12 of them running in my garage in a couple data Centre racks.

Well I’m new and not always that sharp so I appreciate Everyone’s comments on this!! I have already called the local co-location/Hosting data Centre in the area and find the cheaper way to do itso I can make the profit. Cheers, guys!!

Hey guys … with my hashrate at 600k and 12 miners Innosilicon A9’s … what pool should I be using? I’ve been using SlushPool … is that as good as any other? or does anyone have thoughts on that ?

Also, I’m posting a new screenshot … it’s back up to 66% profit … like I said before normally it fluctuates between 80% & 120% … but looks like it’s on it’s way back up slowly.

any other thoughts would be welcomed. Thank you/Cheers


#2

Screenshots as to what you are talking about / seeing would be helpful


#3

$0.20 per kw/h electricity cost? Forget about mining as soon as possible … Actually forget about mining whatever as soon as possible…


#4

The price of Zcash has moved from 70 to 65 to current value, this will change the profit rate.
Additional H/s on the network will increase difficulty which will reduce the shares you recieve from finding a block (since you are a mining pool).
As the difficulty rises and your H/s does not, then you will make less profit each day.


#5

What are you mining with to draw 10k watts at 600KH/s?


#6

wondered the same and was beginning to make a calculation out of curiousity until i saw 0.20 per kw/h for electricity so it really doesn’t matter. He isn’t making any profit no matter with what on what he mines, lol.


#7

Ouch. At that electricity rate you should really consider outsourcing your miners to a data center with cheaper electricity.