10 Most Profitable Cryptocurrencies to Mine In 2019

Bitcoin Miners

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Roobet

Absolutely!
In my opinion, in bear market, if you can find coins that can give you enough income from mining to pay electricity bills, and of course have extra coins to hold in your wallet.
They are perfect coins to mine, because holding extra coins after paying electricity will give miners bigger profits later when bull comes.

Quote from: Tipsters on March 22, 2019, 03:02:51 AM

Mining a coin now has a bit disadvantage due to bear market. Imagine the expenses you incurred from energy and electricity just to mine out few coins.

Can you give me link to the topic of Taucoin, please, Tipster.

Quote

What the best one Im eyeing is the taucoin project that developing a solid mobile mining application.

Tipsters

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Mining a coin now has a bit disadvantage due to bear market. Imagine the expenses you incurred from energy and electricity just to mine out few coins. What the best one Im eyeing is the taucoin project that developing a solid mobile mining application. They are now deducing some errors on it and already on test but there still some problem seen so I think a little bit further and they already will be the number 1 ttue decentralized and user friendly platform.

kawetsriyanto

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To tell the truth, mining activities in this year is decreasing and some of them off from mining activities.
Mining those coins will really need high electricity and also a high cost for maintenance.
The result? It doesn't match to the outcome that we must spend during mining time.
In 2017 or early 2018, mining is very profitable because we really could mine coins with high profits. But for now, mostly (I don't mean "all), but mostly they have decreased profits.

Goodvalony

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i honestly prefered trading than mining because trading requires your idea and hard work and it is more profitable if you knw how to trade. mining consumes your electricity and also cost on setting up a rig. it has never been a better option for crypto currency. you may try cloud mining but i doubt how far that will last.

florac9

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I don't get this ,im a miner myself my question is how are you making profits from these coins when electricity cost is higher than the profit ? Even for someone with free electricity its still not worth it.

Bitcoin Miners

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Roobet

Why not BAT?
I can mine it easily with my devices, not rigs, when I open Youtube videos for my kids, or for myself?
I think it is one of the easiest, most profitable thing to mine this year.
Bitcoin price stay at lows that result in plummeted profits for coin mining.

Gabteb

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I think in future we will have mostly POS than POW coins or hybrid at least, i can suggest mine DeepOnion you can do it with simple Notebook (i mean POS you still can get 5% of your coins) and it has x13 algorithm for POW maybe for BTC it is already difficult make 51+ attack but for new coins on the only POW we have problems.

Herbert2020

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when you decide to start mining a cryptocurrency it either has to be a solid coin with a future that you can be sure you won't lose money to its pump and dumps, in which case your only option is bitcoin and nothing else. or you have to rely on the pumps that the said altcoin has because the profitability of mining an altcoin only depends on whether it is going to get pumped so that you can make good profit or will it remain the same or get dumped instead and you lose money. so it requires a lot of speculation too.

drumamat

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Quote from: Aligab166 on March 19, 2019, 03:20:06 PM

I think I disagree with this post. I don't personally see the need for mining bitcoin right now especially for the average income earners. The resources that can get you a meaningful BTC from mining are enormous.

That's why for more profit miners unite in mining pools and earn enough.Resources are huge only where electricity prices are too high.But basically engaged in mining exactly where the prices are the lowest.

sctunter

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how can this profitable when electricity cost more than what you mine
just forget it if you wanna profit from doing minning this time

Jan_Vl

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Not agree with the post, bitcoin mining is unprofitable. You won't get good profit in the current market situation. I think that it is profitable to mine small coins like FuturoCoin

hta

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A happy family is but an earlier heaven!

Binance Coin (BNB) , I think so,
There is no need to dig, have a strong ecosystem, and it is important that the market is in an IEO trend. What does dig do when it consumes too much power? The world is entering the era of clean energy, I don't like mining

Joran_crypto

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Quote from: taratorly on March 18, 2019, 07:32:32 AM

Can you explain what this evaluation is done for? The return status of POW and POS is variable due to costs. I'm just talking about POW miners, but POS's revenue is very complicated. With Masternode the gain can change momentarily.

In my opinion, you should continue mining after you have calculated the current mining values. Because as time goes by we will see which one will be in which position, and how much the price will increase. At least you will be profitable today.

posi

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Quote from: Aligab166 on March 19, 2019, 03:20:06 PM

I think I disagree with this post. I don't personally see the need for mining bitcoin right now especially for the average income earners. The resources that can get you a meaningful BTC from mining are enormous.

You're correct because bitcoin mining is not profitable for solo miners and the chance of finding a block for a solo miner in a year is 4.2% if I could still remember correctly since 144 block are generated per day but other mentioned coins with the inclusion of Ethereum are the most profitable coin to be mine in this year.

mrdeposit

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Quote from: Aligab166 on March 19, 2019, 03:20:06 PM

I think I disagree with this post. I don't personally see the need for mining bitcoin right now especially for the average income earners. The resources that can get you a meaningful BTC from mining are enormous.

Costs are higher than potential reward, that's why old miners left the mining sector in crypto. Average electric cost is low in some Asian countries but making a mining business there requires serious research and dedication.

Aligab166

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I think I disagree with this post. I don't personally see the need for mining bitcoin right now especially for the average income earners. The resources that can get you a meaningful BTC from mining are enormous.

Joran_crypto

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Quote from: ajqjjj on March 18, 2019, 06:54:51 AM

Quote from: Joran_crypto on March 18, 2019, 06:39:30 AM

Mining provides a decentralized way to issue cryptocurrency while creating a solid ground for more crypto enthusiasts to mine. It ensures that new coins are produced every 10 minutes – 10 minutes is the time basically required to mine a single BTC block. Following are the things you may require before you embark on your crypto mining journey so that you will get the most profitable cryptocurrencies to mine in 2019:

A coin wallet that will be password-protected storage for your earnings and keeps a network-wide ledger of transactions.

A free mining software package

Membership in an online mining pool - a community of miners who combine their computers to increase profitability and income stability.

Membership at an online currency exchange to exchange your mined coins for cash or Bitcoin.

A desktop or custom-built computer designed for mining.

As now you know what all is required to mine a cryptocurrency, let’s explore the best coin to mine in 2019:

#1 Bitcoin (BTC)

Bitcoin is the world’s first decentralized cryptocurrency which initially reared its shiny head into digital markets in 2009. Though it is the first cryptocurrency of the world, lots of crypto fans consider it as most profitable cryptocurrencies to mine in 2019. While mining Bitcoin, a peer-to-peer computer is used to secure and verify bitcoin transactions on a decentralized network.

#2 Litecoin (LTC)

Litecoin (LTC) is an open-source software project released under the MIT/X11 license. This peer-to-peer cryptocurrency is currently trading at US$ 44 and ranks as the world’s fourth-largest cryptocurrency in terms of market capitalization.

#3 Ravencoin (RVN)

Launched on January 3rd, 2018, Ravencoin is built on a fork of the Bitcoin code. It is basically an open source ‘peer-to-peer’ blockchain designed to handle the efficient creation and transfer of assets from one party to another.

Read here the detailed review of coins: https://coinswitch.co/news/10-most-profitable-cryptocurrencies-to-mine-in-2019-detailed-review

Let me know your thoughts as well...

I don't get your point, In my country electricity cost was too much high so all are participate in trading. In my experience Bitcoin mining was not properly working so some other altcoin was better in crypto mining.

Bitcoin is the world’s first decentralized cryptocurrency which initially reared its shiny head into digital markets in 2009. Though it is the first cryptocurrency of the world, lots of crypto fans consider it as most profitable cryptocurrencies to mine in 2019. While mining Bitcoin, a peer-to-peer computer is used to secure and verify bitcoin transactions on a decentralized network. In 2012 and 2016, Bitcoin underwent “halving,” where the yearly bitcoin inflation was algorithmically reduced by 50 percent. This is part of bitcoin’s deflationary monetary policy. In these two years, the bitcoin price increased significantly the year leading up to the halving.

Bitcoin Miners

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Roobet

Even the top profitable coins to mine shown in whattomine.com site are not profitable enough to keep mining, in my opinion.
Profits are profits, it's true, but profits from mineable coins at current period are too small.
For real mining profits, it should be taken into consideration costs of rigs maintenance.

CuriousGeorge

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Quote from: levyashin on March 18, 2019, 07:59:30 AM

As far as i know, mining is not profitable with current prices or has very little profit.

If i was a miner, i would choose some new blockchain project and hope it will be good in the future.

that depends on your mining rig and if you can get a lot of hashrate and you can get a lot of profit instantly but due to the blocksize decrease and you may need a very long time to go to get your ROI back. mining is about how much you can product the hashrate.

mrdeposit

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If the last one is as good as you said, why are you looking for another choice? Because mining others will not bring profit, but provide loss. Anyway, I have never heard about last one, maybe you should consider more reliable ones.

Topic: 10 Most Profitable Cryptocurrencies to Mine In 2019 (Read 231 times)