mining low difficulty coins - page 2.

GhostWithin

full member

Activity: 644

Merit: 145

Quote from: cryptomaxsun on June 08, 2019, 05:07:43 AM

How do you know which coin will be promising?
Remember how ethereum 4 years ago were selling for 1 dollar.
Is it a promising coin?
No one knows which coin will have a good price in 1 or 3 months, let alone 1 or 2 years.

In fact, there is a way of helping to distinguish a hopeless project from a potential one. This is an idea, a favor. If a project has an idea, and this idea is needed by the society or some of its separate areas, then the project has potential. It doesnt matter whether the project has a finished product or they have everything “on paper”, the rest is a matter of time.
90% of the shit you can eliminate
Many projects dont have their own idea (they copy someone else’s), they have no idea at all, or it even happens that the idea is good, but it doesnt need a blockchain. Roll Eyes

Always ask a question. Why will people buy this token / coin in a year / 2 / 3 ?

At that date, the Etherium did what others did not - its team created a whole ecosystem.

You tell me that I say banal things. Yes, they are very simple and obvious, but to know and do it is not the same thing.

cryptomaxsun

legendary

Activity: 2744

Merit: 1387

Ukrainians will resist

Quote from: asriloni on June 05, 2019, 06:33:02 AM

Quote from: cryptomaxsun on June 03, 2019, 08:58:33 AM

The problem of mining coins with low difficulty is that these are often new coins that are not even traded on the exchange, or there is a little-known on the exchange, small trading volumes and a low price.
What makes you doubt the profitability of mining.
Not all coins make a profit this way, but you can earn some money quite well.

I strongly disagree about that, before a miner decide to mine it and he has been doing research to determine the risk that he will face it. Remember there are two choices and when you wanna mine promising coin and you should put more money to buy more rig and when you have not enough money and then your only choice to bet on the unpopular coin. But there was a lot of medium coin with enough volume these days.

How do you know which coin will be promising?
Remember how ethereum 4 years ago were selling for 1 dollar.
Is it a promising coin?
No one knows which coin will have a good price in 1 or 3 months, let alone 1 or 2 years.

nightl

member

Activity: 686

Merit: 12

I’m wondering, how many days do people mine these coins, and how many of these different coins come out about a month?
If only a few coins from a dozen start trading, what is the approximate number of these coins on average within a month

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: cryptomaxsun on June 03, 2019, 08:58:33 AM

The problem of mining coins with low difficulty is that these are often new coins that are not even traded on the exchange, or there is a little-known on the exchange, small trading volumes and a low price.
What makes you doubt the profitability of mining.
Not all coins make a profit this way, but you can earn some money quite well.

I strongly disagree about that, before a miner decide to mine it and he has been doing research to determine the risk that he will face it. Remember there are two choices and when you wanna mine promising coin and you should put more money to buy more rig and when you have not enough money and then your only choice to bet on the unpopular coin. But there was a lot of medium coin with enough volume these days.

EdvinZ

sr. member

Activity: 994

Merit: 260

You can see the latest up-to-date list of mining coins of low difficulty on the publicly available services mentioned in this topic. Also on this forum in the appropriate section you will find information about the coins you need. I will also provide some links.
Pools for Ethash and Equihash algorithms:
https://minerpool.net/
https://2miners.com/
https://comining.io/
Popular mining profitability calculator:
https://whattomine.com

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

Quote from: cnnx on May 11, 2019, 08:29:13 AM

I just ordered a cuple GPUs to get back into mining and wanted to do speculative altcoin mining, is there a resource that would list me new or current supported low difficulty altcoins? i tried with coinwarz but not having much luck..

i need

- coin that is currently minable
- coin that is listed on known exchanges
- coin that has very low difficulty

i dont care what its worth im willing to take a risk by mining lots of it

thanks for info

Why don't you care? That's not a right step because for example you can mine on nicehash and earn more rather than mine low difficulty coins and earn small. To make clear everything, I mean following: Mine most profitable coin and then buy that low difficulty coin, this way you'll be in much profit and you'll collect more low difficulty coins rather than by mining them.

cryptomaxsun

legendary

Activity: 2744

Merit: 1387

Ukrainians will resist

Quote from: evenotto on June 04, 2019, 07:05:57 AM

Quote from: angel55 on June 03, 2019, 11:42:25 AM

The same thing could be said about the early days of bitcoin, people were making nothing mining a "worthless" digital currency and look where it ended up. Same thing happens to a lot of new altcoins you just have to be willing to take the risk.

Bitcoin is unique, and now go find the difference between some new 10 projects for mining coins. The actual difference is only in the names of the coins, most of them will die even before they have time to develop somehow.

Yes, you are right.
I mining many coins, even if 1 out of 10 grows well in price, it will overlap all expenses, including mining the 9 coins that have died.
Risk diversification, do not mining one coin for too long, switch, distribute hashrate.

evenotto

member

Activity: 672

Merit: 12

Quote from: angel55 on June 03, 2019, 11:42:25 AM

Quote from: cryptomaxsun on June 03, 2019, 08:58:33 AM

The problem of mining coins with low difficulty is that these are often new coins that are not even traded on the exchange, or there is a little-known on the exchange, small trading volumes and a low price.
What makes you doubt the profitability of mining.
Not all coins make a profit this way, but you can earn some money quite well.

The same thing could be said about the early days of bitcoin, people were making nothing mining a "worthless" digital currency and look where it ended up. Same thing happens to a lot of new altcoins you just have to be willing to take the risk.

Bitcoin is unique, and now go find the difference between some new 10 projects for mining coins. The actual difference is only in the names of the coins, most of them will die even before they have time to develop somehow.

CryptoKush

full member

Activity: 630

Merit: 101

If you plan to mine a coin with low complexity, then you should study this coin well and whether it has a development perspective. Small coins may die.

ImineU

newbie

Activity: 7

Merit: 0

Hey CNNX

With over 2000k coins fighting for relevance in real world markets, and where none have established that full transition into the established economy minus Asian markets. It would be wise to do your due diligence.

They are many to choose from. Take you time to discover which ones work for you.

angel55

full member

Activity: 630

Merit: 172

Quote from: cryptomaxsun on June 03, 2019, 08:58:33 AM

The problem of mining coins with low difficulty is that these are often new coins that are not even traded on the exchange, or there is a little-known on the exchange, small trading volumes and a low price.
What makes you doubt the profitability of mining.
Not all coins make a profit this way, but you can earn some money quite well.

The same thing could be said about the early days of bitcoin, people were making nothing mining a "worthless" digital currency and look where it ended up. Same thing happens to a lot of new altcoins you just have to be willing to take the risk.

Christinebeauty

copper member

Activity: 420

Merit: 2

Quote from: cryptomaxsun on June 03, 2019, 08:58:33 AM

The problem of mining coins with low difficulty is that these are often new coins that are not even traded on the exchange, or there is a little-known on the exchange, small trading volumes and a low price.
What makes you doubt the profitability of mining.
Not all coins make a profit this way, but you can earn some money quite well.

But we still have some new coins with great potentials that are worth mining. No one knows the coin which is going to be the next Bitcoin. After all, the difficulty in mining them isnt that much so I don't think it will be painful if you are not able to earn much from mining them

thefaucetrunner

sr. member

Activity: 714

Merit: 250

Defend Bitcoin and its PoW: bitcoincleanup.com

take a deep look at my signature, beside im the bounty hunter of veil project, i have several research on it...difficulty level are close to zero from my point of view. and the project are much promising rather than any other mineable coins. this is very potential for every cryptocurrency miner especially when you hodl it in lomg term period. thank me later if this advise are profitable for everyone...we need such a project in cryptocurrency to buipd more awareness in cryptocurrency investment.

cryptomaxsun

legendary

Activity: 2744

Merit: 1387

Ukrainians will resist

The problem of mining coins with low difficulty is that these are often new coins that are not even traded on the exchange, or there is a little-known on the exchange, small trading volumes and a low price.
What makes you doubt the profitability of mining.
Not all coins make a profit this way, but you can earn some money quite well.

Christinebeauty

copper member

Activity: 420

Merit: 2

You may try mining Veil. It is one of the promising projects currently with absolute privacy at heart. It is already listed on decent exchanges too. Like every other coin, its mining is currently less difficult but won't be so when the project is old.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

You might be able to try to mine a veil. for now it's very difficult to find coins with a low level of difficulty. however, I think a lot of people are returning to mining, seeing the development of crypto today. besides, veils also have a market, and new types of coins are quite profitable.

Galantin

jr. member

Activity: 602

Merit: 2

Quote from: cnnx on May 11, 2019, 08:29:13 AM

I just ordered a cuple GPUs to get back into mining and wanted to do speculative altcoin mining, is there a resource that would list me new or current supported low difficulty altcoins? i tried with coinwarz but not having much luck..

i need

- coin that is currently minable
- coin that is listed on known exchanges
- coin that has very low difficulty

i dont care what its worth im willing to take a risk by mining lots of it

thanks for info

No one will do your work for you. There are YouTube and other channels for information. Coins now for mining enough. But whether they fit you no one knows.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: martychubbs on June 01, 2019, 12:51:31 AM

Look towards the new coins that are just beginning to give the opportunity to mine. These coins have the lowest mining difficulty.

And the chance of getting much better rewards when you mine Alts which still not that much being popular, taking chances and risk will be rewarded incoming days or months of doing the same coins, hard but if you'll find time researching and reading about different projects, it will be rewarding in such efforts that you will going to make.

Always find time in each project to work with your mining devices, don't be afraid making mistakes as it will bring more learnings to your journey.

Beyerd17

full member

Activity: 826

Merit: 103

Yes, Mining Veil right now could pay off in the future, price is down at the exchanges and that also means mining difficulty is not to hard for miners right now. Happy mining!

arnoldrimmer

member

Activity: 358

Merit: 10

Quote from: cnnx on May 11, 2019, 08:29:13 AM

I just ordered a cuple GPUs to get back into mining and wanted to do speculative altcoin mining, is there a resource that would list me new or current supported low difficulty altcoins? i tried with coinwarz but not having much luck..

i need

- coin that is currently minable
- coin that is listed on known exchanges
- coin that has very low difficulty

i dont care what its worth im willing to take a risk by mining lots of it

thanks for info

Welcome back to mining bro, I believe the recent pumped of bitcoin is bringing people back into mining. You can actually mine Veil coin am currently on it and its paying off

Topic: mining low difficulty coins - page 2. (Read 11781 times)