WhatToMine Review
Upon entering the WhatToMine website, users might initially find the layout slightly confusing, with several blank lines and fixed dollar amounts. However, this should not raise concerns, as familiar features are readily available for exploration.
At the top of the page, users will discover exchange rates for various cryptocurrencies, including Bitcoin, Litecoin, Dash, Monero, Ethereum, Ethereum Classic, and Zcash, among others. Additionally, positioned below the WhatToMine logo and on the right side of the screen, a menu bar awaits users. The first three sections focus on calculating traditional mining profitability, while the last three are dedicated to dual mining.
By examining the columns on the website, users can promptly identify various mining algorithms. Notable ones include Ethash and Equihash, employed for mining currencies on the 2Miners website. The 2Miners team invites users and friends to their website to explore these algorithms and other valuable mining information.
How Mining Profit Calculators Work?
When using the Mining Profit Calculators on WhatToMine, users should select the appropriate algorithm and input GPU hash rate and power consumption values. Optional information such as relevant exchanges can also be added. Upon clicking 'Calculate', the website will provide calculated results, presenting a list of currencies and estimated rewards below.
Users have the option to enter the number of GPUs of a specific model, and the website will automatically recalculate hashrate and power consumption based on the GPU count. After clicking 'Calculate', users will see the coins their rig can mine. In this case, the profitability of six Nvidia GTX 1070 GPUs is displayed.
The ASIC tab operates similarly but with different algorithms. For example, entering AntMiner S9 values of 14 TH/s and 1340W will generate a list of mineable coins using the SHA-256 algorithm.
In the Coins section, users can select a currency such as Sia and input miner values to obtain a detailed table with estimated rewards over various timeframes. This table presents rewards in Sia, BTC, and USD, with net profit indicated based on rewards minus power costs and mining pool fees.
It's important to note that these results are rough estimates due to changing network difficulty and currency exchange rates. Additionally, estimated rewards may differ from actual results due to luck. Other website tabs function similarly, with dual mining requiring twice as many values.
Before using the website, users are advised to ensure accurate values and to track electricity rates. Basic value conversion information is available below.
Conclusion
The WhatToMine website offers a powerful tool with calculators that reveal the most profitable coins for mining. As mining profitability fluctuates, this tool aids in informed decision-making by calculating hash power, electricity costs, and comparing them against the value of various minable currencies.
WhatToMine features several benefits, including access to exchanges like Binance, Bitfinex, Bittrex, CryptoBridge, Cryptopia, HitBTC, Poloniex, and YoBit, showing coin prices and where they can be sold. Users can choose GPU mining or ASIC rigs, exploring profitability across different time intervals and filtering results by volume and difficulty.
Additionally, the website provides a useful hash rate conversion tool for calculating mining rig hash power. Conversions include megahashes per second (MH/s) to kilohashes per second (kH/s), gigahashes per second (GH/s) to megahashes per second (MH/s), and terahashes per second (TH/s) to gigahashes per second (GH/s). Conversion rates are: 1 MH/s equals 1000 kH/s, 1 GH/s equals 1000 MH/s, and 1 TH/s equals 1000 GH/s. These conversions aid in comparing different rig powers or deciding on mining setup upgrades.
