Best and easiest coins to mine in 2020 - page 2.

tryingluck77

newbie

Activity: 94

Merit: 0

Quote from: Adrian SS on January 20, 2020, 05:46:46 AM

Quote from: tryingluck77 on January 20, 2020, 04:42:02 AM

I can invest around 100k+ on equipments or hardware which are related to mining + free electricity I have

Then which coin is best to mine

Well,.. with $100K you can buy 122 Antminers T17 which will give you ~61000 Th/s.
With free energy this can be translated into $905/day acording to whattomine.com at current Bitcoin price of $8650.

Keep in mind that Bitcoin halving is near and this will translate into half of that after May 2020.

Since the halving is near, you can look at coins that already had it's halving i.e. Litecoin.

What is halving? and how it works?

Adrian SS

newbie

Activity: 5

Merit: 0

Quote from: tryingluck77 on January 20, 2020, 04:42:02 AM

I can invest around 100k+ on equipments or hardware which are related to mining + free electricity I have

Then which coin is best to mine

Well,.. with $100K you can buy 122 Antminers T17 which will give you ~61000 Th/s.
With free energy this can be translated into $905/day acording to whattomine.com at current Bitcoin price of $8650.

Keep in mind that Bitcoin halving is near and this will translate into half of that after May 2020.

Since the halving is near, you can look at coins that already had it's halving i.e. Litecoin.

tryingluck77

newbie

Activity: 94

Merit: 0

I can invest around 100k+ on equipments or hardware which are related to mining + free electricity I have

Then which coin is best to mine

Adrian SS

newbie

Activity: 5

Merit: 0

If you don't want to put a lot of money into mining equipment, then search for coins that are ASIC resistent like Monero, Vertcoin, etc.

Buy 1-2 rigs in the beginning and then with the profit you'll make, add more with time. Since you will have free electricity you make profit on most of the coins you'll mine, like ZombieWorm said. Reinvest your profit until you are pleased with how much money you earn per month selling what you mine.

This is the approach I would try if I had free electricity.

ZombieWorm

jr. member

Activity: 71

Merit: 1

If you mine anything under your consumption budget (free energy) then most tokens will be good. Best is interpretation. DYOR. Stick with something that will last beyond the next year, but if you want profits then cashing out at the right time is king. Dont be greedy.

tryingluck77

newbie

Activity: 94

Merit: 0

I'm building a solar array of 1.5 MW and would like to mine cryptocurrency with the electricity I generate. What are the best miners to buy and the best coins to mine in 2020? And why are they the best?

Topic: Best and easiest coins to mine in 2020 - page 2. (Read 568 times)