These days Bitcoin miners get different Hash Rates. Miners’ performance is measured in MH/s (Mega hash per second), GH/s (Giga hash per second), TH/s (Terra hash per second) and even PH/s (Peta hash per second) !
I am not going to explain the whole process (you can google it) but in general the more you mine, the more Bitcoins you’ll earn.
You can mine with more graphic cards , not just one, and your profit will increase.
I started to mine in 2016 for the first time, until a friend of mine (old miner) told me it`s not worth. And there are more factors that are making bitcoin mining non-profitable for most of people:
- Electricity Rate
- Expensive hardware
- Unfair payment
and so on.
I knew about electricity and other stuffs that makes mining difficult, but not about UNFAIR PAYMENT. So I asked my friend to be more explicit about how payment could be unfair.
And the answer was simple: There are some "special" bitcoin addresses that get 3 or even 4 times money WITH THE SAME GRAPHIC CARD!
But I thought the graphic card is the piece that solves those math problems. Indeed , he said, but what are we talking about? It`s cyberspace and everything is possible! For the guys who invented bitcoin mining (or the programmers who made all the programming stuffs) it would be piece of cake to make this possible. Or maybe some smart hackers managed to hack some servers or made a virus that influence hashing on a specific bitcoin address.
So far so good, I heard a lot of people to exaggerate all day long and just making up thinks for the sake of conversation.I almost forgot about that story until I saw a video on youtube on how to use nicehash miner (popular among miners and used by me before) .
In the video it was presented a link to download the program , so I used it, giving the fact that I lost my data few weeks ago due to windows errors (even if I had partitioned HDD, I had to wipe out all my data from HDD!!! weard , some UEFI errors? I am noob at this) .
The program was compressed and no needed to install it, just decompress it.Verified from viruses, everything was ok (at least no sign of viruses reported).
So I clicked the nicehash executable, the program made a benchmark then started to mine. Few minutes later I verified my Gygabite R7 360 oc`s temps and consumption with HWINFO64. Everything on graph ( usually my R7 360 OC has 70 celsius and 90-100w per hour consumption) so I resumed playing with my kids ( pillow fight ) .
But in the middle of battle I dropped an eye on my screen and my heart stopped beating for few seconds:
My gpu was hashing almost 4 times the speed that should do:
Suddenly I was making money for REAL with my outdated video card!
But the euphoria didn't last long because when I saw the Balance I realized that the Bitcoin Address wasn't mine.I knew I have only few bucks not 60 dollars. So I quickly searched trough my emails for my bitcoin account. After some nerves, made a recover of my password from nicehash webpage,I inserted my key and the results were disappointing:
First I thought it was a error or change on bitcoin market, but remembering what my friend told me a while ago, I said I should try again the same key and after about 10-15 minutes the speed was rising up again!
Every time I tried my bitcoin address, speed was the same , about 100-120 sol/s , but again, when I tried the other address , the gpu made a lot more money!!!!
How is that possible?
Like my friend said ,bitcoin mining it`s crap. We are all hashing with one speed, and some "special" accounts are hashing big time. Just wandered what would be the speed if I had a Hi-End graphic card?
I made more investigations , asked 2 gamers to let me try with their graphic cards.
Unfortunately I managed to test only one GTX 1050 Ti 4GB graphic card, cause my nephew got agitated after only 5 minutes of using his AMD RX 550 4Gb card (he sad mining means virus lol ) .
GTX 1050 made in first 10-15 minutes about 0.9 mBTC/Day then suddenly the rate was 2.1 mBTC/Day and 2.6 USD/Day!!! From a single graphic card. I googled it , no one has this hash rate on one single GTX 1050 !
I showed my results to someone who knows about mining he said I overclocked my card . But I never overckock cards , i dunno how.Even if my card is overclocked from fabric , why do I mine with lower speed for my bitcoin address?
It is ridiculous, no one is doing nothing about this!
All being said, it will take time until the truth will be unveiled , or maybe technology is so advanced , we will never know .
