Why is my Hashrate different?

Your miner probably reports the average hashrate over a shorter window. That could be the reason why you may observe discrepancies at a particular moment in time (if your miner has mined more slowly at some point over the past 10 minutes). My local reported hashrate is pretty stable– it stays inside a 2 H/s window.

Is Pool mining better than solo mining?

Pooled mining produces a constant revenue of smaller values, whereas solo mining tends to be more erratic and could take years to mine one block. Pooled mining can generate a 1–2\% higher income (before fees, if any) due to long polling provided by the pools. Solo mining wastes time due to only supporting get work pull.

What is a pool Hashrate?

Hashrate is the amount of hashes computed per second by your mining hardware. You can observe the hashrate of your mining devices in your Slush Pool dashboard. There is a difference between a nominal hashrate shown in the manual of your mining device and an effective hashrate shown on your Slush Pool dashboard.

Does higher Hashrate mean more profit?

It’s the approximate average of all the hash rates of each individual miner in the network. A higher hash rate is better, because it increases the miner’s chances of finding the next block and receiving a Bitcoin reward.

Why is effective Hashrate lower than reported?

If your mean hashrate is much lower then your reported hashrate, your worker is most likely overclocked too high and it’s not effectively hashing. Your hashrate may be bigger, but you’re generating more rejected or invalid hashes. Miner’s logs can confirm this in most cases.

Why is solo mining not recommended?

Additionally, solo mining extensively depends on the hardware hash power and the overall hash rate of the network. However, at a time when hash rate complexity was less, solo miners were earning adequate profits. Hence we advise you not to go for solo mining unless you acquire enormous amounts of hash power.

What is a good Hashrate?

You must have a hash rate of approximately 45 MH / s per card, this is because it would consume 470W of electricity at its maximum power. Mining 1 Ether would consume around 14,570 W of electricity per hour.

How can I improve my Hashrate?

Again, maxing out fan speeds and memory clocks while dropping the GPU core clocks and power limit are key to improving overall hash rates. Modding the card and replacing the VRAM thermal pads with thicker/better pads is possible and will help cooling and performance.

Why is my hashrate so low on minerstat?

Minerstat repors the same hashrate as reported by the mining client and that is called “reported hashrate”. With time, these two numbers should become similar, but if they don’t, you might need to: Check if you are maybe getting a lot of rejected shares that are lowering your hashrate;

Should you pick a big/medium/small hashrate pool?

Some miners believe you should pick a big/medium/small pool depending on whether your own hashrate is high or low. How does pool hashrate actually affect miner income?

How does the size of a mining pool affect the rewards?

The size of a pool, its total hashrate and the distribution of hashrate between bigger and smaller miners, have no effect on the rewards you, mining with a specific hashrate, will obtain on average.

Is it better to mine for a larger or smaller pool?

It is always the case that a bigger pool will have less variance and maturity time, and thus for a miner of any size it is better to mine for a pool as large as possible (however, it is better yet to mine for multiple pools simultaneously).