Alt-coin mining, is it worth it anything?

FP91G

legendary

Activity: 1610

Merit: 1026

Quote from: HOT_HEAD on July 21, 2022, 05:11:12 AM

I've tried joining a few pools for mining doge (back in the day when it came out) and a few more coins, and was thinking now to get back into all of that, but is it worth doing it without any crazy gear or miners?

I'd be joining some pool, letting the miner run in the background at about 20-30% depending if I'm doing anything slightly demanding.

This coin is for asics. If you plan to mine it on a video card or processor in the background, then the profit will be minimal.
Try to install nicehash miner and see your profit. They pay with bitcoins. It's better than altcoins.
https://www.nicehash.com/cpu-gpu-mining?

marcotheminer

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Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

I've been looking into MWC/Grin mining and although it's little, it does a breakeven at least.

sxemini

member

Activity: 1558

Merit: 69

Quote from: HOT_HEAD on July 21, 2022, 05:22:47 AM

Quote from: sxemini on July 21, 2022, 05:13:50 AM

https://whattomine.com/

I know about that website, but was looking for some first-hand experiences with pool mining alt-coins without a rig or a miner. Wouldn't be doing it as a job, jsut as a passive hobby and interest. Thanks tho.

Dude you must calculate for yourself. No one knows your electricity price and other factors like - how long you will run your miner daily - will it run daily? Calculate by yourself. First hand experiences - we speak about 1 gpu for mining.
Everyone has another definition of worth. If 0,2$ after electricity is enough for you - fire up - if it to less for you - don´t start mining. You have the intention to get rich with mining - not worth to mine with 1gpu/cpu i don´t know. you don´t define it.
DYOR

swogerino

legendary

Activity: 3136

Merit: 1233

Quote from: HOT_HEAD on July 21, 2022, 05:22:47 AM

Quote from: sxemini on July 21, 2022, 05:13:50 AM

https://whattomine.com/

I know about that website, but was looking for some first-hand experiences with pool mining alt-coins without a rig or a miner. Wouldn't be doing it as a job, jsut as a passive hobby and interest. Thanks tho.

Anyone can do that as a hobby,hopefully you will have a core i5 CPU which is extremely common nowadays and you can try to mine Raptoreum,a CPU mineable coin which is really low in value and the difficulty of the network is also low,a 3rd gen Core i5 should make like 7-8 such coins per day.That is as a hobby,I do it in a much larger scale,I mine with 5 CPU-s and am mining near 40 coins per day because who knows if this is not the second Bitcoin or the second Monero and increases a lot in price,right now is 0.003 so extremely cheap and extremely easy to mine.

HOT_HEAD

member

Activity: 136

Merit: 20

Quote from: sxemini on July 21, 2022, 05:13:50 AM

https://whattomine.com/

I know about that website, but was looking for some first-hand experiences with pool mining alt-coins without a rig or a miner. Wouldn't be doing it as a job, jsut as a passive hobby and interest. Thanks tho.

sxemini

member

Activity: 1558

Merit: 69

https://whattomine.com/

HOT_HEAD

member

Activity: 136

Merit: 20

I've tried joining a few pools for mining doge (back in the day when it came out) and a few more coins, and was thinking now to get back into all of that, but is it worth doing it without any crazy gear or miners?

I'd be joining some pool, letting the miner run in the background at about 20-30% depending if I'm doing anything slightly demanding.

Topic: Alt-coin mining, is it worth it anything? (Read 78 times)