One of the most important tools when it comes to mining cryptocurrency, is a mining profitability calculator. While there are many good ones out there, it’s hard to find one supporting different mining algorithms. Luckily for us, CoinWarz recently added more algorithms!
CoinWarz has always been one of my favourite mining profitability calculators. It’s never been down for me, it’s reliable in its calculations, and it helped me make some good choices at the right times.
One of the things I didn’t like, not specifically about CoinWarz, but any other profitability calculator, was the lack of support for other mining algorithms. Like X11, Groestl, Keccak, Scrypt-N,…Those coins are valuable too you know.
Luckily for us, CoinWarz has only recently added all those new algorithms to calculate your mining profitability. Algorithms supported are : SHA-256 , Scrypt, Scrypt-N, Groestel, Keccak, X11 and Quark.
One thing even CoinWarz can’t change is the fact that mining coins doesn’t seem to be worth it these days. The best result I’m getting for my 2 GPU’s is a profit of $2.82 per day, or 113.55 days in order to mine 1 full Bitcoin. That’s nearly four months…..
Oh well, there’s always the opportunity to mine freshly released coins and hope you can make a good profit off of those I guess.