To get the highest profit while mining, do a research on which coin(s) you think will increase in value. In terms of pure math, you can input your hashrate into a mining calculator and get an estimate of daily coins and dollar value earned. Try the WhatToMine and MinerGate mining calculators.
There are several key concepts every miner should know, including the difference between mining pool and mining farm. Mining farm is a place where a large number of computers and servers are solving the complex cryptographic problems. Mining pool is a union of cryptocurrency miners who combine their computational resources over a network and split […]
CPU is a Central Processing Unit while GPU – Graphics Processing Unit. CPU is better used for mining low difficulty cryptocurrencies, for instance, Cryptonight protocol coins, like XMR (Monero) or BCN (Bytecoin). GPU can literally mine any coin available in the market, but the profit will depend on a variety of factors.
When you choose a mining GPU you should always take into account the memory offered by the GPU as well as your energy needs and costs. Try to mitigate your initial costs to maximize your profits and start making your initial investment as soon as possible.