Is there really any other altcoin worth mining other than Kaspa?

doubletheprof

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Quote from: ?? on ??

Quote from: doubletheprof on February 28, 2024, 04:24:14 AM

So I was wondering... Is there really any other coin that is for real worth mining in Europe, other than kaspa?

There are still many alcoins that can be mined besides Kaspa, it all depends on how we mine it and the tools you use to mine, apart from Kaspa the altcoins that are suitable for mining, I think are XRP, Dogecoin and LTC.
After seeing the graph starting from the beginning of 2024, it feels like it will make us more active in every movement day by day, which is very convincing.

That seems reasonable, thanks for pointing out.

AVE5

full member

Activity: 350

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Op I don't know the factors you considers in picking up the best AltCoin to min, I don't also know what you choose European region for the mining. But I just have to let you know that you must consider some terms such as AltCoins that holds future benefits and also considers a review of the coins speculations before you adopt one.
Ethereum has been a reputable Coin amongst AltCoins that is profitable and holding future benefitable potentials. There are lot more but I'm more certain and certified the recommended Eth coin.
If in anyway you're recommended with a lot more of commendable AltCoins that's best mining, I hope you don't forget to use the mining electronic mining calculators which are the Whattomine calculator, Coinwarz calculator and the cryptocompare calculator. This would enable you find a determined valuable AltCoins for your mining.

doubletheprof

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Activity: 179

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Quote from: Kristiyana on March 06, 2024, 05:44:25 PM

Quote from: doubletheprof on March 06, 2024, 09:46:37 AM

Quote from: Husires on March 05, 2024, 09:43:57 AM

Quote from: JeromeTash on March 01, 2024, 12:13:04 PM

The service hosts for you the mining equipment for a fee. Usually the facility offers storage and a secure data center that is enhanced for the miners. All you do is agree with the fee, and you send them your mining equipment to set it up and beginning the mining.

OP check out these sites too
1. https://www.nicehash.com/profitability-calculator
2. https://minerstat.com/mining-calculator

Unlike NiceHash, it is difficult to find a reliable mining hosting service. These companies will not take the risk of creating, preparing, purchasing and providing all the requirements for making mining equipment and then selling them to you at a cheap price.

Quote from: doubletheprof on March 04, 2024, 06:46:00 AM

I use circlehash, which is an online mining platform, that lets me pay less electricity bills, than I would pay in my country. I basically buy a miner and then let them store it in their hosting center. they also have an app, which i can use to check my miners and stuff.

It's the first time I've heard about circlehash. Be careful about investing your money in it. The only real mining is where you buy tools and withdraw the return directly to your wallet.

Ive spoken personally with the guys before buying miner from tehm, I saw my miner physically and installed in their mining center, since they provide these options to their clients. But thank you for warning

I use cloud mining i have been into this platform for some while now I think the site is very good for mining though the profit I earn from the platform is very small because it happens to be free of charge I have been mining for free, though they sent me a notification asking me to boost my mining rate.

You also use circlehash? Grin

Kristiyana

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Activity: 210

Merit: 36

Quote from: doubletheprof on March 06, 2024, 09:46:37 AM

Quote from: Husires on March 05, 2024, 09:43:57 AM

Quote from: JeromeTash on March 01, 2024, 12:13:04 PM

The service hosts for you the mining equipment for a fee. Usually the facility offers storage and a secure data center that is enhanced for the miners. All you do is agree with the fee, and you send them your mining equipment to set it up and beginning the mining.

OP check out these sites too
1. https://www.nicehash.com/profitability-calculator
2. https://minerstat.com/mining-calculator

Unlike NiceHash, it is difficult to find a reliable mining hosting service. These companies will not take the risk of creating, preparing, purchasing and providing all the requirements for making mining equipment and then selling them to you at a cheap price.

Quote from: doubletheprof on March 04, 2024, 06:46:00 AM

I use circlehash, which is an online mining platform, that lets me pay less electricity bills, than I would pay in my country. I basically buy a miner and then let them store it in their hosting center. they also have an app, which i can use to check my miners and stuff.

It's the first time I've heard about circlehash. Be careful about investing your money in it. The only real mining is where you buy tools and withdraw the return directly to your wallet.

Ive spoken personally with the guys before buying miner from tehm, I saw my miner physically and installed in their mining center, since they provide these options to their clients. But thank you for warning

I use cloud mining i have been into this platform for some while now I think the site is very good for mining though the profit I earn from the platform is very small because it happens to be free of charge I have been mining for free, though they sent me a notification asking me to boost my mining rate.

doubletheprof

jr. member

Activity: 179

Merit: 1

Quote from: Husires on March 05, 2024, 09:43:57 AM

Quote from: JeromeTash on March 01, 2024, 12:13:04 PM

The service hosts for you the mining equipment for a fee. Usually the facility offers storage and a secure data center that is enhanced for the miners. All you do is agree with the fee, and you send them your mining equipment to set it up and beginning the mining.

OP check out these sites too
1. https://www.nicehash.com/profitability-calculator
2. https://minerstat.com/mining-calculator

Unlike NiceHash, it is difficult to find a reliable mining hosting service. These companies will not take the risk of creating, preparing, purchasing and providing all the requirements for making mining equipment and then selling them to you at a cheap price.

Quote from: doubletheprof on March 04, 2024, 06:46:00 AM

I use circlehash, which is an online mining platform, that lets me pay less electricity bills, than I would pay in my country. I basically buy a miner and then let them store it in their hosting center. they also have an app, which i can use to check my miners and stuff.

It's the first time I've heard about circlehash. Be careful about investing your money in it. The only real mining is where you buy tools and withdraw the return directly to your wallet.

Ive spoken personally with the guys before buying miner from tehm, I saw my miner physically and installed in their mining center, since they provide these options to their clients. But thank you for warning

Sophokles

hero member

Activity: 1232

Merit: 516

You must be using a hardware to mine kaspa. The industry is transition into proof of stake concept and the community also embraced this new changes as this is less costly and easy to participate. But there are still project that is working on POW till now and ETC, RVN, DASH, ERGO are some of the blockchain that is still operating in POW so you can mine them with your mining rig. Beware of the electricity bill and some places don't allow to mine crypto currencies. BCH can also be mined with mining rig.

Husires

legendary

Activity: 1596

Merit: 1288

Quote from: JeromeTash on March 01, 2024, 12:13:04 PM

The service hosts for you the mining equipment for a fee. Usually the facility offers storage and a secure data center that is enhanced for the miners. All you do is agree with the fee, and you send them your mining equipment to set it up and beginning the mining.

OP check out these sites too
1. https://www.nicehash.com/profitability-calculator
2. https://minerstat.com/mining-calculator

Unlike NiceHash, it is difficult to find a reliable mining hosting service. These companies will not take the risk of creating, preparing, purchasing and providing all the requirements for making mining equipment and then selling them to you at a cheap price.

Quote from: doubletheprof on March 04, 2024, 06:46:00 AM

I use circlehash, which is an online mining platform, that lets me pay less electricity bills, than I would pay in my country. I basically buy a miner and then let them store it in their hosting center. they also have an app, which i can use to check my miners and stuff.

It's the first time I've heard about circlehash. Be careful about investing your money in it. The only real mining is where you buy tools and withdraw the return directly to your wallet.

DaveF

legendary

Activity: 3500

Merit: 6320

Crypto Swap Exchange

Depending on your equipment LTC is still fairly profitable.
But there are a lot of things to consider in terms of buying new vs already owned equipment, resale value of said equipment when you are done mining and a host of other things.

I have a bunch of L3++ units that have long since ROI and are in a location that has fixed (use it or loose it) power costs. So they just sit there mining away spitting out $30 +/- a month. Not a lot but when you have a few of them it becomes real money.

If I had to pay for power and / or buy new equipment the math changes.

-Dave

doubletheprof

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Activity: 179

Merit: 1

Quote from: JeromeTash on March 01, 2024, 12:13:04 PM

Quote from: Husires on March 01, 2024, 08:50:18 AM

I did not understand what you mean by hosting service. Do you mean that there is a company that will buy these devices for you or what?

The service hosts for you the mining equipment for a fee. Usually the facility offers storage and a secure data center that is enhanced for the miners. All you do is agree with the fee, and you send them your mining equipment to set it up and beginning the mining.

OP check out these sites too
1. https://www.nicehash.com/profitability-calculator
2. https://minerstat.com/mining-calculator

I use circlehash, which is an online mining platform, that lets me pay less electricity bills, than I would pay in my country. I basically buy a miner and then let them store it in their hosting center. they also have an app, which i can use to check my miners and stuff.

JeromeTash

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Heisenberg

Quote from: Husires on March 01, 2024, 08:50:18 AM

I did not understand what you mean by hosting service. Do you mean that there is a company that will buy these devices for you or what?

The service hosts for you the mining equipment for a fee. Usually the facility offers storage and a secure data center that is enhanced for the miners. All you do is agree with the fee, and you send them your mining equipment to set it up and beginning the mining.

OP check out these sites too
1. https://www.nicehash.com/profitability-calculator
2. https://minerstat.com/mining-calculator

Husires

legendary

Activity: 1596

Merit: 1288

Quote from: doubletheprof on February 29, 2024, 07:49:15 AM

I use only asics, mainly iceriver, electricity is not really high, since i use hosting services.

This link will tell you the expected profits. Remember that halving is coming soon and these profits may decrease significantly.
https://www.whattomine.com/asics
Electricity costs, depreciation, the price of Bitcoin and block reward may all affect your profits. Use a good mining pool according to what you want.
I did not understand what you mean by hosting service. Do you mean that there is a company that will buy these devices for you or what?

doubletheprof

jr. member

Activity: 179

Merit: 1

I use only asics, mainly iceriver, electricity is not really high, since i use hosting services.

Husires

legendary

Activity: 1596

Merit: 1288

Quote from: doubletheprof on February 28, 2024, 04:24:14 AM

So I was wondering... Is there really any other coin that is for real worth mining in Europe, other than kaspa?

What mining hardware do you have, ASIC or GPU, or what hashrate can your hardware generate in exchange for the electricity it consumes?
You can mine one cryptocurrency or more than one cryptocurrency at the same time. You can mine:

LTC+DOGE
ETH+ALPH
ETC+KAS

https://www.whattomine.com/calculators is a site that gives you more details if you really know what you are going to mine and have done your calculations correctly. If you want to buy ASICs, this site may help https://www.asicminervalue.com/

doubletheprof

jr. member

Activity: 179

Merit: 1

So I was wondering... Is there really any other coin that is for real worth mining in Europe, other than kaspa?

Topic: Is there really any other altcoin worth mining other than Kaspa? (Read 190 times)