Litecoin + Dogecoin mining pool

Earnings depend on: Hashrate. This is the speed at which the equipment solves mathematical problems to confirm transactions in the blockchain. The higher the hashrate, the greater the chances of receiving a reward for a new block found. Difficulty. A parameter that determines the difficulty of solving a mathematical problem in order to find a new block. If the difficulty increases, the probability of receiving a reward decreases. Cryptocurrency exchange rate. The price of virtual currency is volatile, and changes in the value of assets affect profits. Transaction fee. Often users have to pay an additional fee so that their transactions are processed faster or prioritized for sampling from the pool in order to create a new block. Electricity and equipment maintenance. Crypto mining requires constant power supply, which is among the miners' basic costs. Regular equipment monitoring and maintenance and noise insulation are necessary as well. Mining method. You can mine coins solo or connect to pools. Users mostly choose the second method, which gives them more chances of receiving a reward for a new block found. Crypto type. Each coin has its own mining algorithm, which influences the choice of the mining device. For example, to work with Bitcoin, which supports the SHA-256, you should choose devices that use this algorithm. Recently users have been choosing ASIC equipment more often because of its high hashrate, which allows it to solve problems faster and increases the efficiency. To get profit from the crypto, you need to monitor changes in market conditions and determine the optimal mining method with regard to all factors.