The Right Way to mine for Small Mining Farms
The Right Way to mine for Small Mining Farms

By Wolf2015 | My Crypto Info | 19 Oct 2019

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There are many people out there with small mining farms attempting to mine a specific coin. I am telling you this because not only do I live off of Cryptocurrency, but I have made my mistakes listening to these So-Called Experts, who are not really experts at all. This Game is better to do the research for yourself, including but not limited to, Difficulty of the coin, Can it be traded, does it have a market, ETC..

The correct way to mine for small mining operations at home is not to mine a specific coin. This is mainly due to the fact that the difficulty will change in a mere matters of minutes or even seconds in some cases. If you mined the way a small mining farm should mine, however, it would truly diminish the life of your miner. This is because you would have to switch coins based on profitability every so many minutes.

Lucky for you, the way a small miner operation is truly done, there are pools that mine the most profitable coin based on the algorithm you are mining. For example if you are mining X11 with a D-3 You can request a payout in Bitcoin, Litecoin, Dash, Bitcoin Cash and the X11 miner will mine the most profitable coins for that time frame. You do not have to worry about trading, it is done automatically for you.

Remember this not only helps you get the most profit from the mining experience for a small operation, but it also combats the crooked individuals attempting to manipulate the Bitcoin price as they have been doing to the Precious Metals.

The way to do this is to find a pool that benefits you. If you want to be paid in Bitcoin you must use your Bitcoin Address and in the Password you must have c=BTC. So for the sake of an example, the pool on your miner should look like this

http://mypool.ca:3333

Your Bitcoin address

C=BTC

 

Now that the pool is set you must remember the Algorithm of the miner you have, it will mine the most profitable coins for that Algorithm. For example if you are using an S-9, which is a SHA256 miner, the coins that are mined will be the most profitable coins for that algorithm. It does not matter if you are using A scrypt miner, AN X-11 miner, A Equihash miner, or any other that they allow. The only thing that matters is the algorithm of the miner will mine the most profitable coins at the time. The coins will change rapidly, and most of these pools will actually list the amount of blocks your miner has found, and what coin it was.

 

The coins will then be placed out on the exchange the pool uses, and when the exchange is complete the amount will appear in your balance total. This means when you have the minimum it will automatically payout to the wallet you have listed. These pools also keep track of how much you have earned.

 

In conclusion, you have to remember, you can not hold the coins, you can not show the coins, so it does not matter how you mine, only that you mine in the way best suited for you.


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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