guys now there are plenty more profitable coins than eth dual mining or zcash or zec
smartcash
btx
xzv
bitcoinz
bitcoingold
electroneum
monacoin!!!!
and many others giving you double than eth+dual
Hello, I've started mining just a few weeks ago, I've checked which coin ismore profitable,and for the 1060 seems eth is a good coin to mine. I have read about other coins that theorically seems more profitable, I've read the feedback from people mining some of these more profitable coins and in most cases miners had problems, so my question is that as you seems to have experience mining other coins with 1060 gpu's, it would be great to know your feedback and toknow if these coins are realiable, and which one of these coins are the most profitable at this moment and which miners are you using to mine these coins.
Thanks in advance.
When I started I mined small amounts of many different coins, but I settled into ETH as my "set it and forget it". I keep an eye on new coins and if something looks interesting I throw a rig at it for a day or two just to have some, but ultimately picking a coin that you think is stable and will stick around (for me, ETH and BTG are favorites, but there are several GPU coins that I don't see disappearing or bottoming out) just makes more sense. Remember that whattomine and sites like that are based on a lot of different factors, and ultimately the most profitable coin is going to be the one that will be worth the most in the long run, unless you are cashing out daily.
So, like, just because Ellaism might be worth more for a few hours or even a couple days doesn't necessarily mean switching your rig to it is the right call, as it may just be because ETH had a drop in value. When it picks back up, you still mined the same number of coins on the day it was worth less, those coins are just worth more now. Basically the only time those value sites are 100% accurate is on the day you sell.
EDIT TO ADD: also I believe that post was about dual mining, i.e., a second coin mined at the same time using a capable miner (like claymore). I rarely dual mine because of the wear and tear on my cards, I'd rather they last longer than generate an extra $1/day or so, but some coins are worth it. I used to dual SIA sometimes, and did for the couple weeks up to the release of the A3, because I thought it would be worth the risk (and it was). Most of the time, though, I just use ethminer and mine Ethereum.