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Writer's pictureDR.GEEK

Profit switching

( 19th - November - 2019 )

The Profit switching feature will optimize the mining for maximum profitability based on statistics from both standard mining pools and multi-coin pools. Access all popular mining pools with just a click to get started with the profit based mining right away.

Use the benchmark to let Awesome Miner test multiple mining algorithms and mining software and measure the hashrate and power usage for each of them to optimize the profit switching decisions.

Profit switching introduction

Awesome Miner has two concepts for profit switching.

Managed Profit Switching - For GPU and CPU mining

  • Based on the concept of Managed Miner, but requires a specific kind called Managed Profit Miner

  • Intended to be used for GPU and CPU mining running on Windows

  • Supports automatic switching between multiple algorithms and mining software (e.g. switching between Sgminer, Claymore Ethereum and more)

  • Automatically switch between multiple algorithms, online services like NiceHash and single coin pools

  • For more details, see the guide Profit switching for GPU and CPU mining.

  • External Profit Switching - For ASIC mining

  • Operates by changing priorities of existing pools of an already running External Miner

  • Intended to be used for ASIC miners

  • Works with many kinds of mining software, but will not change the mining software being used

  • Automatically switch between multiple online services like NiceHash and defined single coin pools

  • For more details, see the guide Profit switching for ASIC mining.

  • Working of profit switching feature

  • The profit switcher can work on single coin pools, but these must be manually added in Awesome Miner. Any pool with a known coin where the profit information is listed in the Coins tab can be used. The coins and statistics on the Coins tab are by default from coin statistics sources WhatToMine.com and CoinCalculators.io

  • Summary: The profit switcher cannot automatically switch to the coins on the Coins tab - you must find a pool where to mine these coins first.

  • The statistics used by the profit switcher is based on the current profit or 24-hour average profit information from the supported multi-pools and from the coin statistics sources. The setting for using either the current or 24-hour profitability can be found in the Options dialog, Statistics section.

  • For more information about the coin statistics and profitability predictions, see the guide Coin and profit statistics.

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