Multi-algorithm multi-hardware mining infrastructure: nearly a month in, how did it go?
I already posted when I started with the experiment, this here is the follow up. It's now around three weeks (actually a month with the testing before the official start) since Qubic went live dual-mining DOGE and Monero simultaneously. Here is a technical retrospective.
Live stats:
Technical summary:
- Scrypt ASIC mining (DOGE): operational for one month
- RandomX CPU/GPU mining (Monero): operational in parallel for full month
- Downtime: none/minimal
- DOGE network hashrate contribution: increasing daily. currently around 5 TH/s. Daily peaks around 10 TH/s. Highest peak: 65TH/s.
What I think about the architecture:
- Multi-algorithm mining on separate hardware classes works!
- The maintenance overhead did not kill my operation. Actually it was better than expected. Stable after setup.
- Older Scrypt ASICs (L3+) are apparently part of the infrastructure mix (very nice for my L7).
What remains unproven:
- Long-term economics versus dedicated single-chain mining
- Whether the payout conversion layer introduces meaningful friction at scale
- Whether this architecture generalizes to other algorithm combinations
For anyone thinking about multi-workload mining setups: this is the most concrete public info so far I've seen on whether it is operationally feasible.
I think the most interesting question is the profitability. The network is still in a transition phase but there are already some numbers. These I got from a miner that is involved in the qubic project:
DG1+ ASIC (13 GH/s)
- Qubic Pool => 11,113,320 Qu’s => $8.78/day
- Traditional pool => 60.5 DOGE => $5.75/day
That matches my subjective feeling with my L7s. Maybe deduct a bit for qu to USD conversion, but it's still a bit more profitable. Good for older hardware. I think they plan on paying 10% more than traditional pools, so these numbers will probably go down a bit.