Author

Topic: How to decide what to mine? (Read 524 times)

legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
August 28, 2013, 08:08:10 PM
#5
It's decided by what type of computer you have.
sr. member
Activity: 574
Merit: 250
August 28, 2013, 05:38:52 PM
#4
To decide which coin to mine I've looked for a week at these websites:

http://wheretomine.com/
http://www.coinchoose.com/index.php
http://coinpolice.com/coin-comparison/
http://www.coinwarz.com/cryptocurrency/

Now I'm more confused than before.

The stats change completely almost every hour and every one of these 4 sites have different coins in front on a daily basis.

I understand that the market is very volatile, but is there any website that does not display total nonsense?

Which site should I trust?


I don't think it is so much a matter of trust as these sites do not account for accumulation delay.   By the time you mine enough coins and they mature and you transfer them to a site to sell the prices have changed.  I don't think you ever really maximize profit by mining what these sites currently say is the top coin to mine.  They very fact these sites exist and auto switching pools exist and use them makes them no longer tell you correctly what to mine.


So,  pick a few coins you like...   watch the prices and difficulties and come up with your own choices.

sr. member
Activity: 574
Merit: 250
August 28, 2013, 05:37:24 PM
#3
To decide which coin to mine I've looked for a week at these websites:

http://wheretomine.com/
http://www.coinchoose.com/index.php
http://coinpolice.com/coin-comparison/
http://www.coinwarz.com/cryptocurrency/

Now I'm more confused than before.

The stats change completely almost every hour and every one of these 4 sites have different coins in front on a daily basis.

I understand that the market is very volatile, but is there any website that does not display total nonsense?

Which site should I trust?


I don't think it is so much a matter of trust as these sites do not account for accumulation delay.   By the time you mine enough coins and they mature and you transfer them to a site to sell the prices have changed.  I don't think you ever really maximize profit by mining what these sites currently say is the top coin to mine.

So,  pick a few coins you like...   watch the prices and difficulties and come up with your own choices.
full member
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
August 28, 2013, 05:33:44 PM
#2
To decide which coin to mine I've looked for a week at these websites:

http://wheretomine.com/
http://www.coinchoose.com/index.php
http://coinpolice.com/coin-comparison/
http://www.coinwarz.com/cryptocurrency/

Now I'm more confused than before.

The stats change completely almost every hour and every one of these 4 sites have different coins in front on a daily basis.

I understand that the market is very volatile, but is there any website that does not display total nonsense?

Which site should I trust?

I'm not sure what you mean by "trust".
All of the sites are similar, except coinpolice. I have no idea where they pull their statistics, tables are completely out of alignment, and every image is broken except the site banner.
hero member
Activity: 724
Merit: 500
August 28, 2013, 04:57:45 PM
#1
To decide which coin to mine I've looked for a week at these websites:

http://wheretomine.com/
http://www.coinchoose.com/index.php
http://coinpolice.com/coin-comparison/
http://www.coinwarz.com/cryptocurrency/

Now I'm more confused than before.

The stats change completely almost every hour and every one of these 4 sites have different coins in front on a daily basis.

I understand that the market is very volatile, but is there any website that does not display total nonsense?

Which site should I trust?
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