Author

Topic: Altcoins like Monero to mine? (Read 174 times)

legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
February 01, 2022, 04:11:49 AM
#11
I am personally mining Raptoreum with a Xeon 5640 which does about 300 h and with a core i5 8500 at 250-300 h,both PC-s at work but from which I have full permission to use them for whatever use case I see fit,yeah even benchmarking/mining I am allowed to do that.So far in a month I made about 200 Raptoreum coins but these are free for me as I don't pay energy costs at all.I hope in the long run I can make some good numbers like 2500 Raptoreum or 3000 until the end of the year depending on difficulty of the network and who knows how big the price might be in the next bull run,nothing to lose from such activity for me here.

So bottom line as long as you have cheap electricity or you are allowed to use the PC which they assigned to you at work for any use case go ahead and mine Raptoreum.
newbie
Activity: 29
Merit: 1
January 31, 2022, 10:37:05 PM
#10
I wonder if anyone of you guys knows a certain coin to mine that hasn't even reached a year or two? or maybe a coin that can be mined and the rewards are high no matter how low the price of that coin in the crypto market today. I tried to mined XMR nowadays but I was thinking if I only managed to mined this coin in its early years, I would have become a millionaire with just an easy step. I mined Monero with my CPU and it feels like I didn't do anything with my PC though the amount is super low, I don't really care if I can mine the same coin but a new one.

Ive been mining Monero for a month... My energy costs far exceed the amount mined... Hashrate is like 700 h/s on each laptop. If I mine with my AMD 5800, i get no more than 1500 h/s. Wondering what overclocking or software adjustments I need to make in xmrig to mine this better (huge pages already enabled)
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
January 31, 2022, 06:53:59 PM
#9
You will be lucky to get a coin as good performing as Monero after a couple of years. So even when you try to mine the newly announced POW coins, just know it will be like a lottery?
Just like someone said gambling.

Lots of shitcoins with no serious future are on the loose. Have that in mind.
sr. member
Activity: 703
Merit: 272
January 30, 2022, 09:35:00 AM
#8

Nobody wanted XMR when it was trading under a buck, now everybody wants it. Same logic applies.


it's not logic.  it's speculation.

Every speculation has a logic. Without any logic behind it, it is not speculation, it is gambling.


ok.. it's not logic.  it's gambling.
hero member
Activity: 2268
Merit: 588
You own the pen
January 30, 2022, 07:38:35 AM
#7

I thought BTT was still accepting GRIN. I saw GRIN trading at $0.22 and has been constantly losing its value since its inception. Logic said: That's a buying opportunity. Then I learned BTT wasn't accepting GRIN anymore so while the price is still low, the logic that justifies a higher price for the future isn't there anymore and that means I can't make an educated guess for that project because I don't know any other positive news about it.

Without an analysis like that above, you will be throwing a dice.

I tried to mine GRIN earlier when I first read your reply but it seems to me like the amount that I'm getting does not really cover up the price of my GPU when it will broke by mining it 24 hours Grin Grin

I decided just to buy some early coins that haven't been reached their ATH yet when I have some spare cash to spend on altcoins. I can also buy some GRIN if I want, depending on my mood.

Maybe if I can increase my hash rate, it will be possible to mine it but right now it seems impossible and unreasonable to mine it without any assurance of its developments and updates in the future.

legendary
Activity: 3276
Merit: 2442
January 30, 2022, 07:21:37 AM
#6

Nobody wanted XMR when it was trading under a buck, now everybody wants it. Same logic applies.


it's not logic.  it's speculation.

Every speculation has a logic. Without any logic behind it, it is not speculation, it is gambling.

I thought BTT was still accepting GRIN. I saw GRIN trading at $0.22 and has been constantly losing its value since its inception. Logic said: That's a buying opportunity. Then I learned BTT wasn't accepting GRIN anymore so while the price is still low, the logic that justifies a higher price for the future isn't there anymore and that means I can't make an educated guess for that project because I don't know any other positive news about it.

Without an analysis like that above, you will be throwing a dice.
legendary
Activity: 1834
Merit: 1131
January 30, 2022, 07:18:48 AM
#5
I wonder if anyone of you guys knows a certain coin to mine that hasn't even reached a year or two? or maybe a coin that can be mined and the rewards are high no matter how low the price of that coin in the crypto market today. I tried to mined XMR nowadays but I was thinking if I only managed to mined this coin in its early years, I would have become a millionaire with just an easy step. I mined Monero with my CPU and it feels like I didn't do anything with my PC though the amount is super low, I don't really care if I can mine the same coin but a new one.
Announcements of coins for mining here
https://bitcointalk.org/index.php?board=159.0
No one knows which coin will have a high price in a few years, and which coin will disappear. Look for your future wealth. Today it is much more difficult to do this than 5 years ago.
sr. member
Activity: 703
Merit: 272
January 30, 2022, 06:56:20 AM
#4

Nobody wanted XMR when it was trading under a buck, now everybody wants it. Same logic applies.


it's not logic.  it's speculation.

legendary
Activity: 3276
Merit: 2442
January 30, 2022, 05:51:43 AM
#3
I wonder if anyone of you guys knows a certain coin to mine that hasn't even reached a year or two? or maybe a coin that can be mined and the rewards are high no matter how low the price of that coin in the crypto market today. I tried to mined XMR nowadays but I was thinking if I only managed to mined this coin in its early years, I would have become a millionaire with just an easy step. I mined Monero with my CPU and it feels like I didn't do anything with my PC though the amount is super low, I don't really care if I can mine the same coin but a new one.

Maybe you would like to take a look at GRIN. It is dirt cheap right now. It is providing anonymity like XMR. 1 GRIN is being traded for $0.22 at Kucoin. It is the second official currency of BTT. If these aren't enough to attract you, I don't think you'll ever find a better deal than this.

Nobody wanted XMR when it was trading under a buck, now everybody wants it. Same logic applies.

edit:

Does there any available stats about how many users used Grin to purchase the Copper membership? Anyway to know if users are still using this option?

In last replies, there was an unsolved issue about Grin network. Posters didn't update about it.

*Sorry about bumping this old thread. I think i can post my qustion here without the need to create a fresh meta topic.

There were a total of only 10 grin transactions. Currently grin is not accepted because it broke a while ago and I never got around to fixing it.

I personally bought from the forum all of the grin received, at the market price when it was received: 80.128295191 grin for 0.0118213 BTC. Not my most successful trade... Wink

I just found out that theymost ain't accepting GRIN for any kind of service on BTT. So you may wanna skip it.
member
Activity: 448
Merit: 18
January 30, 2022, 05:50:41 AM
#2
Raptoreum coin is the right answer and also you can visit the ANN section under alternative coin in this forum for new PoW coins but mind you new coins that are mineable can die on you at any time be careful choosing them
hero member
Activity: 2268
Merit: 588
You own the pen
January 30, 2022, 05:22:39 AM
#1
I wonder if anyone of you guys knows a certain coin to mine that hasn't even reached a year or two? or maybe a coin that can be mined and the rewards are high no matter how low the price of that coin in the crypto market today. I tried to mined XMR nowadays but I was thinking if I only managed to mined this coin in its early years, I would have become a millionaire with just an easy step. I mined Monero with my CPU and it feels like I didn't do anything with my PC though the amount is super low, I don't really care if I can mine the same coin but a new one.
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