Topic: Future of Altcoin Mining (Read 4939 times)

Quote from: Rastanan on August 01, 2016, 12:36:53 PM

Maybe Monero (XMR) can be the replacement of Ethereum. Almost the same structure of BTC. I have seen it rise from 1.47 $ a coin to 1.95$ as of today. You can try mining it right now with MinerGate

Monero RIGHT NOW is barely break-even with GPUs at LOW ELECTRIC COST.

It can't possibly handle an influx of even 10% of the Ethereum rigs currently mining ETH.

ETH will die eventually as a mineable coin - the long-announced but delayed move to POS is guarenteed to do so - but it should have a few months to a year of mining left, if your electric rate is low enough.

GTX series cards can also move over to FoldCoin after they become unprofitable on ETH - AMD cards traditionally don't do well on folding, unfortunately, though I've not seen how the new Polaris stuff does on that yet.

The Monero is a botnet CPU coin. It is more profit to mine by the botnet CPU. It is not profitable to mine with GPU.

I've been dabbling with mining XMR, it takes a long time to mine 1XMR with CPU, and the transfer cost is 0.1 which makes the mining not so profitable unless you generate a lot. I've also been mining BCN, but the supply of BCN is almost depleted. I'm wondering which coin is best to CPU mine next. I'm thinking about XDN maybe. I'm also mining XMG with CPU but that is more unique as the block reward reduces as total hash rate increases, so dont mine that one at full pelt.

Is anybody else CPU mining? Which coins are you mining?

Does your CPU have AES_NI. If it does, then it is more efficient than the GPU mining with 280X.

Looks like my processor does support AES-NI, I'm running a fairly new i7 with 8Mb cache. That's handy to know.

If it is I7, it will support AES_NI. So if you do not over clock and mine the Monero, you can have about 300H/s or even hgher.

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: starmman on August 01, 2016, 05:58:32 AM

Quote from: Wind_FURY on August 01, 2016, 09:24:19 PM

Maybe Monero (XMR) can be the replacement of Ethereum. Almost the same structure of BTC. I have seen it rise from 1.47 $ a coin to 1.95$ as of today. You can try mining it right now with MinerGate

Monero RIGHT NOW is barely break-even with GPUs at LOW ELECTRIC COST.

It can't possibly handle an influx of even 10% of the Ethereum rigs currently mining ETH.

ETH will die eventually as a mineable coin - the long-announced but delayed move to POS is guarenteed to do so - but it should have a few months to a year of mining left, if your electric rate is low enough.

GTX series cards can also move over to FoldCoin after they become unprofitable on ETH - AMD cards traditionally don't do well on folding, unfortunately, though I've not seen how the new Polaris stuff does on that yet.

The Monero is a botnet CPU coin. It is more profit to mine by the botnet CPU. It is not profitable to mine with GPU.

I've been dabbling with mining XMR, it takes a long time to mine 1XMR with CPU, and the transfer cost is 0.1 which makes the mining not so profitable unless you generate a lot. I've also been mining BCN, but the supply of BCN is almost depleted. I'm wondering which coin is best to CPU mine next. I'm thinking about XDN maybe. I'm also mining XMG with CPU but that is more unique as the block reward reduces as total hash rate increases, so dont mine that one at full pelt.

Is anybody else CPU mining? Which coins are you mining?

Does your CPU have AES_NI. If it does, then it is more efficient than the GPU mining with 280X.

Looks like my processor does support AES-NI, I'm running a fairly new i7 with 8Mb cache. That's handy to know.

virasisog

hero member

Activity: 1820

Merit: 537

Quote from: MellowFellow on July 05, 2016, 03:12:30 PM

I've heard people mentioning that Ethereum won't be profitable for much longer. If so, what would the next likely altcoin to mine be? Also, what would be the best rig for a beginner miner be, in regards to an asic vs gpu setup?

I think zcash will be the next big POW altcoin. It is developed by a good team behind it. I also have been looking for more information in crypto mining and it would be nice to be pointed in the right direction. Profitability is not my goal for now but I would like to gain experience in mining.

I hope so. When the Ethereum becomes PoS, we need another big coin to absorb the huge mining power.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: MellowFellow on July 05, 2016, 03:12:30 PM

I've heard people mentioning that Ethereum won't be profitable for much longer. If so, what would the next likely altcoin to mine be? Also, what would be the best rig for a beginner miner be, in regards to an asic vs gpu setup?

I think zcash will be the next big POW altcoin. It is developed by a good team behind it. I also have been looking for more information in crypto mining and it would be nice to be pointed in the right direction. Profitability is not my goal for now but I would like to gain experience in mining.

Rastanan

full member

Activity: 193

Merit: 100

Quote from: starmman on August 01, 2016, 05:58:32 AM

Quote from: greenuser on July 06, 2016, 05:24:27 AM

Maybe Monero (XMR) can be the replacement of Ethereum. Almost the same structure of BTC. I have seen it rise from 1.47 $ a coin to 1.95$ as of today. You can try mining it right now with MinerGate

Monero RIGHT NOW is barely break-even with GPUs at LOW ELECTRIC COST.

It can't possibly handle an influx of even 10% of the Ethereum rigs currently mining ETH.

ETH will die eventually as a mineable coin - the long-announced but delayed move to POS is guarenteed to do so - but it should have a few months to a year of mining left, if your electric rate is low enough.

GTX series cards can also move over to FoldCoin after they become unprofitable on ETH - AMD cards traditionally don't do well on folding, unfortunately, though I've not seen how the new Polaris stuff does on that yet.

The Monero is a botnet CPU coin. It is more profit to mine by the botnet CPU. It is not profitable to mine with GPU.

I've been dabbling with mining XMR, it takes a long time to mine 1XMR with CPU, and the transfer cost is 0.1 which makes the mining not so profitable unless you generate a lot. I've also been mining BCN, but the supply of BCN is almost depleted. I'm wondering which coin is best to CPU mine next. I'm thinking about XDN maybe. I'm also mining XMG with CPU but that is more unique as the block reward reduces as total hash rate increases, so dont mine that one at full pelt.

Is anybody else CPU mining? Which coins are you mining?

Does your CPU have AES_NI. If it does, then it is more efficient than the GPU mining with 280X.

maxfunky

full member

Activity: 194

Merit: 100

However, what is left of the CPU power on the rig is being used to mine Groestl.
So 2 coins on 1 rig!
Eth is running out of time, getting too big too, wow those DAG files! soon PoS, and the price, hmmmm... and its connection with the DAO >:(feathercoin looks ok, ASIC resistant on neoscrypt Wink

Groestl seems to run in the background with a bit of CPU throtling and seems to be just as efficent on CPU as GPU.

Hi greenuser ! Which miner are you using for CPU mining Groestl and on which pool ?

starmman

legendary

Activity: 1484

Merit: 1029

Maybe Monero (XMR) can be the replacement of Ethereum. Almost the same structure of BTC. I have seen it rise from 1.47 $ a coin to 1.95$ as of today. You can try mining it right now with MinerGate

Monero RIGHT NOW is barely break-even with GPUs at LOW ELECTRIC COST.

It can't possibly handle an influx of even 10% of the Ethereum rigs currently mining ETH.

ETH will die eventually as a mineable coin - the long-announced but delayed move to POS is guarenteed to do so - but it should have a few months to a year of mining left, if your electric rate is low enough.

GTX series cards can also move over to FoldCoin after they become unprofitable on ETH - AMD cards traditionally don't do well on folding, unfortunately, though I've not seen how the new Polaris stuff does on that yet.

The Monero is a botnet CPU coin. It is more profit to mine by the botnet CPU. It is not profitable to mine with GPU.

I've been dabbling with mining XMR, it takes a long time to mine 1XMR with CPU, and the transfer cost is 0.1 which makes the mining not so profitable unless you generate a lot. I've also been mining BCN, but the supply of BCN is almost depleted. I'm wondering which coin is best to CPU mine next. I'm thinking about XDN maybe. I'm also mining XMG with CPU but that is more unique as the block reward reduces as total hash rate increases, so dont mine that one at full pelt.

Is anybody else CPU mining? Which coins are you mining?

Batelk

full member

Activity: 216

Merit: 100

Maybe Monero (XMR) can be the replacement of Ethereum. Almost the same structure of BTC. I have seen it rise from 1.47 $ a coin to 1.95$ as of today. You can try mining it right now with MinerGate

Monero RIGHT NOW is barely break-even with GPUs at LOW ELECTRIC COST.

It can't possibly handle an influx of even 10% of the Ethereum rigs currently mining ETH.

ETH will die eventually as a mineable coin - the long-announced but delayed move to POS is guarenteed to do so - but it should have a few months to a year of mining left, if your electric rate is low enough.

GTX series cards can also move over to FoldCoin after they become unprofitable on ETH - AMD cards traditionally don't do well on folding, unfortunately, though I've not seen how the new Polaris stuff does on that yet.

The Monero is a botnet CPU coin. It is more profit to mine by the botnet CPU. It is not profitable to mine with GPU.

Even though the Ethereum is not most profitable to mine with GPU, it can support very large hash rates.

Rastanan

full member

Activity: 193

Merit: 100

Maybe Monero (XMR) can be the replacement of Ethereum. Almost the same structure of BTC. I have seen it rise from 1.47 $ a coin to 1.95$ as of today. You can try mining it right now with MinerGate

Monero RIGHT NOW is barely break-even with GPUs at LOW ELECTRIC COST.

It can't possibly handle an influx of even 10% of the Ethereum rigs currently mining ETH.

ETH will die eventually as a mineable coin - the long-announced but delayed move to POS is guarenteed to do so - but it should have a few months to a year of mining left, if your electric rate is low enough.

GTX series cards can also move over to FoldCoin after they become unprofitable on ETH - AMD cards traditionally don't do well on folding, unfortunately, though I've not seen how the new Polaris stuff does on that yet.

The Monero is a botnet CPU coin. It is more profit to mine by the botnet CPU. It is not profitable to mine with GPU.

QuintLeo

legendary

Activity: 1498

Merit: 1030