EFFICIENCY IS THE KEY

EFFICIENCY IS THE KEY

By Wolf2015 | My Crypto Info | 10 Feb 2023


I have always said that patience is the key to mining, but there is one other aspect that must be touched on. The main aspect of mining all Youtubers disregard when they attempt to preach about bitcoin or cryptocurrency is efficiency. These miners all think the key is fast hash-power, but as every intelligent tech knows when you go faster you make mistakes. All one has to do is check their miners by logging into their ASIC miner and look for yourselves at the rejected shares and discarded shares.

 

Many tell you that this is normal, but throwing anything away is always wrong. If you have a high discarded and rejected rate then your mining operation is not efficient. Look at this from a USB. Now 1 Bitcoin is over $20,000 that means getting 1 or 2 a year is perfect because it is not all I am mining remember the goal is a budget of different miners. Look at my efficiency rating.

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Notice the A, which indicates accepted shares, shows 409,384. Now look at my rejected shares, the R, that shows 96. My discards and rejected shares are much lower than any asic will ever get. I have tried to tell people this is the GAMERS currency, that means using game theory. I know many think they know speed is the key, but if history has taught us anything is that that statement would be false.

 

Now let us show you something else

 

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Notice the CPU algorithm of Yespower is first on the list. This is the most profitable algorithm at this time. None of the algorithms that are constantly stated on Youtube is measuring up. Now look where my Antminer S-9 is it is last.

 

If this does not show you the facts then you are never going to learn. When it comes to mining speed is not the way, however, efficiency is the key.

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Wolf2015
Wolf2015

Author, Veteran, Journalist, Investigator, Patriot. Determined to staying Curious as My teacher, who passed, always told me to do. Believe no one, Listen to everyone, but only trust what you yourself can verify with your own research. Never believe anyone


My Crypto Info
My Crypto Info

Education of cryptocurrency from a person who actually lives off of mining and how to understand the many ways you can earn. Must research all for yourself, because results can vary depending on your miner and internet connection

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