Topic: How do you find good low difficulty coins to mine? (Read 231 times)
Lol I used to dream big with new minable altcoins in the past but today my view about them have changed, there is nothing that can make me change my mind about new PoW coins, I will never direct my hashing power to any new altcoins because I mined over 30 different new altcoins years ago and all of them except three is still alive today
It's similar as betting into the garbage coin with the ration 80% chance to be the shitcoin and the rest to be the legit coins. Way too risky and you have probability to loose all your money in a sudden. I am never going to do this.
80% 
I think the chances of winning on shitcoin mining may be a failure 99% of the time.
All the coins that I mined and waited for their growth in the future turned out to be a scam or bad projects.
Therefore, most miners prefer the most profitable coins today.
It's similar as betting into the garbage coin with the ration 80% chance to be the shitcoin and the rest to be the legit coins. Way too risky and you have probability to loose all your money in a sudden. I am never going to do this.
Bitcointalk is still ok for new coin annoucements but most new crypto discussion is on reddit and various telegram/discord groups. Its a high risk high reward move and vast majority of new cryptos will end up worthless.
Low difficulty pow coins are not worthy to mine because it's too risky, how many new pow coins are real projects this days? Ninety nine percent of these coins are complete waste of time, you could probably end up wasting all your efforts
A question for you people with a GPU mining rig out there, how do you find low difficulty coins to mine which have potential to rise from $0.005 to $0.25 for example.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
There is no way to know if they are good or not until you take the risks and see what happens in the end, my advice is don't hold a new coin for too long, many pow coins died after 2017 bullrun, be smart, here is a list of some new POw coins I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
https://miningpoolstats.stream/newcoins
Do your own research mate, it's not a good idea to make decisions base on what people feed you, new pow coins are hard to see this days because most new projects don't use pow Algorithm anymore, they prefer to go smart contract or POS Algorithm but honestly most pos coins are like Ponzi scheme
A question for you people with a GPU mining rig out there, how do you find low difficulty coins to mine which have potential to rise from $0.005 to $0.25 for example.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
Better mine eth and the profit buy cheap coin, rather than pain config each different algo for looking those coin, there is rarely happen you can mine some gem in this day, remind me pascal coin that blow on poloniex I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
It's a very difficult thing these days. Never look for new or unpopular coin because it is way too risky. You can also lose your valuable time and money if the capital of mining is expensive. Inspite of that if you want to do mining then you have to research and better choose coin that are already popular and definitely give you profit. Just remember good coins will give you good profits.
The only new coin I think could worth something in future, probably due to possible altcoin season is Conflux, it's running on octopus algorithm and it's even profitable to mine after Ethereum and some times it's even more profitable than Ethereum
A question for you people with a GPU mining rig out there, how do you find low difficulty coins to mine which have potential to rise from $0.005 to $0.25 for example.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
They are more risky because they can exit scam someday, I've mined so many new coins before but I was left with shitcoins while holding them and thinking I will be a big whale in future, you want my advice?Mine popular coins like Ethereum I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
Don't even think about it, most new coins that are very good won't last for a month before their mining difficulty skyrocket, if you can still find a coin that has low mining difficulty today two things are involved
1. Maybe such coin just launched today or a week ago
2. It's not a very attractive project
1. Maybe such coin just launched today or a week ago
2. It's not a very attractive project
A question for you people with a GPU mining rig out there, how do you find low difficulty coins to mine which have potential to rise from $0.005 to $0.25 for example.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
To mine good coins and make good profits, you need to spend a lot of money initially. Large companies or corporations can really get rich on mining, and ordinary users, alas, will be content with candy wrappers. To get a lot you need to work hard and spend a lot for this.
It's a very difficult thing these days dude, the majority of coins that are still available to be mined with GPU was the privacy coins but so many coins already moved to the POS system. It's also almost impossible to find the privacy coin that can go from the bottom to the top.
It's similar as betting into the garbage coin with the ration 80% chance to be the shitcoin and the rest to be the legit coins.
You should move from the mining to the POS coins.
I like the PoW system so much more... PoS just feels so much like a pyramid scheme.
It's a very difficult thing these days dude, the majority of coins that are still available to be mined with GPU was the privacy coins but so many coins already moved to the POS system. It's also almost impossible to find the privacy coin that can go from the bottom to the top.
It's similar as betting into the garbage coin with the ration 80% chance to be the shitcoin and the rest to be the legit coins.
You should move from the mining to the POS coins.
A question for you people with a GPU mining rig out there, how do you find low difficulty coins to mine which have potential to rise from $0.005 to $0.25 for example.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
if I personally want to do mining, then I will never look for new or unpopular coin (too risky), because I will lose my money (the capital to do mining is very expensive), so of course I prefer to mining coin which will definitely give me profit (so that my capital can return), therefore if you want to do mining then you better choose coin that are already popular and definitely give you profit (for example, like Ethereum). I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
A question for you people with a GPU mining rig out there, how do you find low difficulty coins to mine which have potential to rise from $0.005 to $0.25 for example.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
I don't want you to spoon feed me I just mean as in what do you analyze to determine what's a total scam or if the coin has future potential.
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