The mining yield is affected by some factors below.
1. Hashrate fluctuation
Essentially, hashrate output is an unsteady and fluctuating process during mining. The factors of power, network, miner status will also affect the hashrate considerably, resulting in profit change.
2. Difficulty adjustment
The difficulty of cryptocurrency will be adjusted after a certain period of time with an overall tendency to increase. Therefore, it is general for miners to have less mining yield while maintaining the original hashrate.
3. Halving event
Halving refers to a significant mechanism within cryptocurrency protocols that plays a crucial role in preserving the scarcity of cryptocurrency.
A halving event leads to a reduction in mining rewards, where miners receive a decreased amount of the cryptocurrency upon successfully mining a new block, thereby affecting their mining yield.
4. Payment method
Different payment methods also have a significant impact on profit. PPS+ is based on miner's hashrate, ensuring a relatively stable profit. Conversely, PPLNS and SOLO are related to the blocks mined out, resulting in a comparatively unstable profit. Switching between different payment methods can potentially lead to fluctuations in profit. Therefore, PPS+ is suitable for miners who pursue stable income.