In the example screenshot above we see that a single GTX 970 GPU doing around 1300 MHS mining Decred should give you around 1.87 DCR per day or about $4.6189 USD equivalent with the current conditions.

Mining calculators help miners to easily calculate what will be the profit with their available hashrate for a given period taking into account thing such as network difficulty and price of a given crypto coin. There is an easy to use and simple Decred mining calculator available that can give you an idea on how much coins you can expect to mine in a day, month and year with your hashrate.

It can be quite helpful for people mining with GPUs to consider what currency is more profitable to mine at the moment and how much they may be able to earn mining Decred. Most people are well aware that at the moment Ethereum (ETH) is probably the most profitable to mine with GPUs, however Decred is not that far behind and you can easily compare your expected profit with Decred if you are currently mining Ethereum. There are some GPUs that do not meet the minimum requirements that Ethereum has such as the availability of at least 2 GB of video memory, or the performance may not be very good for mining ETH with the specific video card. Such is the case with Nvidia GeForce GTX 750 Ti, a popular lower-end Nvidia-bssed GPU for mining that does not do very well with Ethereum, but can do quite good with Decred as a good alternative. Building A BURST Mining Rig 2018. So our advice is to give Decred a go, especially if you have some GPUs that are not OK for Ethereum mining for various reasons. Do note however that Decred is heavier on GPU and has a higher power usage compared to Ethereum, so the power cost is also a bit higher. In the example screenshot above we see that a single GTX 970 GPU doing around 1300 MHS mining Decred should give you around 1.87 DCR per day or about $4.6189 USD equivalent with the current conditions.

For the sake of comparison running the numbers through an Ethereum mining calculator for that same GTX 970 GPU we get 0.476424 ETH or about $5.13 USD per day, so the difference in terms of profitability is not that big as we have already explained. – Other Similar Publications: • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •.

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What to consider before getting involved with Decred and how to do it. Decred is a community-focused cryptocurrency, with DCR as its token. You can think of it as a generic, decentralised blockchain that has evolved over time through direction from its community. The features it emphasizes are user-friendliness, flexibility and a democratic approach to ongoing development. It aims to create a blockchain that can be efficiently upgraded in line with its community needs. • User-friendliness. It’s simple enough that anyone can mine and use the cryptocurrency.

• Flexibility. Dual proof-of-stake and proof-of-work mining algorithms let a wider variety of users participate in network maintenance, earning DCR when they do.

• Democratic. Users get voting rights in the decentralised network, and their decisions help drive its development.

The network can change quickly and automatically in line with its community desires. This information should not be interpreted as an endorsement of cryptocurrencies or a recommendation to invest. Historic performance is no guarantee of future returns.

As an investment class, cryptocurrencies are speculative investments and investing in cryptocurrencies involves significant risks – they are highly volatile, vulnerable to hacking and capital loss and sensitive to secondary activity. Before investing you should obtain advice and decide whether the potential return outweighs the risks. Where to buy DCR in Australia.