nice thread mate as I'm also looking for much better coin aside from eth I'm a newbie in terms of mining and I'm trying to challenge myself that even its my
first time to try this I will find myself successful in any given time, so with some insight regarding to an alternatives I read about Zec and I going to try that too using my 1060 let see if that can bring something for me.
Topic: Alternative to ETH Mining for Nvidia GPU - page 2. (Read 1882 times)
Zcash (ZEC) is the BEST way with Nvidia GPU's
Look into coins that use the Equihash algorithm. These are mainly Zcash (ZEC), ZenCash (ZEN), Zclassic (ZCL) and a few others. You can also check out a few other algorithms like LBRY (LBC) as they are periodically a bit more profitable.
If you haven't already, you can also check out sites such as https://whattomine.com and input your number and model of GPUs to get a rough estimate of what is most profitable at any given time.
While Nvidia can mine Ethereum somewhat efficiently, you are losing a lot of potential profit by not looking into alternatives, so you are right to question that strategy. Even if you want to end up in ETH, I think you would be better off mining a more efficient Nvidia friendly algorithm, such as Equihash, and then trading those coins for Ethereum. Even accounting for trading fees, you would still end up with more ETH at the end than by trying to mine it directly. AMD pretty much dominates the ETH mining space.
If you haven't already, you can also check out sites such as https://whattomine.com and input your number and model of GPUs to get a rough estimate of what is most profitable at any given time.
While Nvidia can mine Ethereum somewhat efficiently, you are losing a lot of potential profit by not looking into alternatives, so you are right to question that strategy. Even if you want to end up in ETH, I think you would be better off mining a more efficient Nvidia friendly algorithm, such as Equihash, and then trading those coins for Ethereum. Even accounting for trading fees, you would still end up with more ETH at the end than by trying to mine it directly. AMD pretty much dominates the ETH mining space.
Hello BitCoinTalk Community,
I currently have Mining Hardware delivering +/- 1675 MH/s average Hashrate with Nvidia GPU (1060/1070)
My mining rig are setup & optimized for ETH with NanoPool.
I'm obviously bullish on ETH and don't plan to change my mining strategy since at $320 ETH/USD I'm OK with my annual return.
If ETH price go down under $200 I won't sweat and just keep mining for at least 3 months hoping it go back to $300+
I predict ETH to be $500 or more in 1 year. However this is pure speculation, and I assume I might be totally wrong and eat sour soup!
That's why I'm asking for some insight from BitCoinTalk Community of mining enthousiast:
- What are your current favorite alternative to ETH AltCoin minable with Nvidia GPU ?
- Is there any AltCoin with extremely low difficulty at the moment to mine with Nvidia GPU for pure speculation ?
- How do you monitor newly minable Coin Project ?
I currently have Mining Hardware delivering +/- 1675 MH/s average Hashrate with Nvidia GPU (1060/1070)
My mining rig are setup & optimized for ETH with NanoPool.
I'm obviously bullish on ETH and don't plan to change my mining strategy since at $320 ETH/USD I'm OK with my annual return.
If ETH price go down under $200 I won't sweat and just keep mining for at least 3 months hoping it go back to $300+
I predict ETH to be $500 or more in 1 year. However this is pure speculation, and I assume I might be totally wrong and eat sour soup!
That's why I'm asking for some insight from BitCoinTalk Community of mining enthousiast:
- What are your current favorite alternative to ETH AltCoin minable with Nvidia GPU ?
- Is there any AltCoin with extremely low difficulty at the moment to mine with Nvidia GPU for pure speculation ?
- How do you monitor newly minable Coin Project ?
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