Author

Topic: Most profitable Scrypt Coin (Read 1066 times)

sr. member
Activity: 476
Merit: 250
Gone......
January 28, 2014, 01:02:58 PM
#15
I only have about 160 khs im stuck mining every new coin that comes out or i make no money
Mine radioactivecoin, still profitable.
full member
Activity: 126
Merit: 100
January 28, 2014, 09:20:39 AM
#14
I only have about 160 khs im stuck mining every new coin that comes out or i make no money
member
Activity: 112
Merit: 10
January 28, 2014, 06:51:23 AM
#13

So what IS the most profitable coin and why?

=]

The reason why that's such a hard question to is because once everybody knows the correct answer, it then becomes the wrong answer  Smiley

(When everyone starts mining a coin the difficulty goes up, not to mention the the price might dip because there'll probably be a lot of people looking to sell as quick as possible).

This is why multipools are really only good as your fallback pool - the best way to make money mining is to either research/pay attention to what's happening or pick a coin that you think will rise substantially in the future because you believe it is one of the lucky ones out of the hundreds of new coins out there that actually has a future.

Case in point - my 1.25Mh/s rig made about $100 in two days of mining USDe. Then the difficulty quadrupled, ending that cash cow.

(Look for a coin with a very active and enthusiastic community of users and developers)

You're absolutely right. I spend an hour or two every day for research. But generally every altcoin gives you about 50-70$ a day, given you sell the coins immediately. But I look for something more profitable Smiley

What hash rate to get 50-70$ per day?
full member
Activity: 140
Merit: 100
January 28, 2014, 03:12:46 AM
#12

So what IS the most profitable coin and why?

=]

The reason why that's such a hard question to is because once everybody knows the correct answer, it then becomes the wrong answer  Smiley

(When everyone starts mining a coin the difficulty goes up, not to mention the the price might dip because there'll probably be a lot of people looking to sell as quick as possible).

This is why multipools are really only good as your fallback pool - the best way to make money mining is to either research/pay attention to what's happening or pick a coin that you think will rise substantially in the future because you believe it is one of the lucky ones out of the hundreds of new coins out there that actually has a future.

Case in point - my 1.25Mh/s rig made about $100 in two days of mining USDe. Then the difficulty quadrupled, ending that cash cow.

(Look for a coin with a very active and enthusiastic community of users and developers)

You're absolutely right. I spend an hour or two every day for research. But generally every altcoin gives you about 50-70$ a day, given you sell the coins immediately. But I look for something more profitable Smiley
member
Activity: 112
Merit: 10
January 28, 2014, 12:17:01 AM
#11
Is there a single website that shows all alt coins and their current value?

http://bitcoin.vnenterprises.com only shows a few..
member
Activity: 112
Merit: 10
January 28, 2014, 12:09:01 AM
#10

So what IS the most profitable coin and why?

=]

The reason why that's such a hard question to is because once everybody knows the correct answer, it then becomes the wrong answer  Smiley

(When everyone starts mining a coin the difficulty goes up, not to mention the the price might dip because there'll probably be a lot of people looking to sell as quick as possible).

This is why multipools are really only good as your fallback pool - the best way to make money mining is to either research/pay attention to what's happening or pick a coin that you think will rise substantially in the future because you believe it is one of the lucky ones out of the hundreds of new coins out there that actually has a future.

Case in point - my 1.25Mh/s rig made about $100 in two days of mining USDe. Then the difficulty quadrupled, ending that cash cow.

(Look for a coin with a very active and enthusiastic community of users and developers)
newbie
Activity: 34
Merit: 0
January 27, 2014, 07:55:38 PM
#9
thanks for the link Cheesy
member
Activity: 116
Merit: 10
January 27, 2014, 07:42:43 PM
#8
Are you guys using CryptoSwitcher? it looks pretty cool to me...
https://bitcointalksearch.org/topic/ann-cryptoswitcher-automatically-mine-the-best-coin-172121
member
Activity: 112
Merit: 10
January 27, 2014, 02:09:52 PM
#7
Dogecoin is pretty profitable atm.
newbie
Activity: 27
Merit: 0
January 27, 2014, 01:26:47 PM
#6
Maybe can help you..
coinchoose.com
hero member
Activity: 675
Merit: 507
Freedom to choose
January 27, 2014, 12:20:40 PM
#5
Coinwarz doesn't supply the right info for a lot of coins.
The website shows wrong difficulty data.
For example, right now MOON's diff is 95 on coinwarz, while on some of the pools it is significantly higher!!

hmm maybe coinwarz has not updated yet? i always use coinwarz and cryptmarketcap when deciding the most profitable coin.
sr. member
Activity: 476
Merit: 250
Gone......
January 27, 2014, 10:20:25 AM
#4
full member
Activity: 140
Merit: 100
January 27, 2014, 09:32:16 AM
#3
Coinwarz doesn't supply the right info for a lot of coins.
The website shows wrong difficulty data.
For example, right now MOON's diff is 95 on coinwarz, while on some of the pools it is significantly higher!!
legendary
Activity: 1974
Merit: 1003
January 27, 2014, 09:21:00 AM
#2
coinwarz.com
full member
Activity: 140
Merit: 100
January 27, 2014, 08:41:10 AM
#1
So i was thinking for a few days,
due to Doge's random blocks, it is possible that the profit calculations are not accurate and
it's not the most profitable coin out there.

So what IS the most profitable coin and why?

=]
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