Your experience is spot on for cryptonight as only a few good ones come out of that blasted algo like Monero. The rest are mostly trash and pretty much dead with very little people know about them.
The problem is if he was trying to compete with the big miners and that will not bring him profit. It's better to stick into the another cryptonight coin. there are so many good cryptonight coins other than monero. 
Topic: Stop wasting your electricity (Read 1549 times)
Some very good coins run on cryptonight Algorithm like monero, dero, Loki, etc but many of those coins are useless, finding new coins to mine is like finding good ICO project to invest on, it's going to take lots of energy, doing research, I'm thinking that's what OP failed to do when choosing those coins, you choose wrongly
Your experience is spot on for cryptonight as only a few good ones come out of that blasted algo like Monero. The rest are mostly trash and pretty much dead with very little people know about them.
If we think that mining is really profitable in the past years it is unlikely not the same at this time. A lot of miners are leaving because they find out how hard to make money in mining crypto nowadays and make profit of it because their money is only enough to cover their huge expenses. It seems to say that there is a huge market change where miners have seen it already and I think it will get worsen in the future. May it happens that those big mining companies will still survive while the others will leave, that was a sad reality, and that also because the mining competition is getting strong as well.
I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Just make the positif things with your life. Don't waste your time with bad thought. There are so many ways to earn money in crypto world. Don't waste your time with useless things. Just deny the abandoned things. But it will be better to keep it because we can not predict the future.
I just saw a few small coins that you said above and maybe only miners can find out. because the coins above are from mining. I don't really know about mining, but it's better not to mine unclear coins. it will only waste your electricity
This is so true.. Gone are the good days where mining what's lucrative and people literally did little but gathered great profits in the end, these days, it isn't lucrative anymore and one has to scrap for the more established projects to actually get a shot at some earnings. The smaller projects don't have much structures in place and have get listed and their value increased before one can make any gains from them. This process usually takes time and sometimes, these projects get abandoned leaving all your investments in ruin.
This is a sign of how far the market of altcoins has deteriorated, in the past people used their mining equipment to support a coin and obviously to obtain some profits while doing it but now that is not possible anymore as most developers are not really interested in creating something that will last for a long time, they want profits now and they are not interested in the long term well-being of their projects and this is very troublesome for those that have mining equipment because most coins do not last long enough for them to recover all the money and time they invested in mining those coins. 
I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Monero also used to be one of the coins in this list but after a few darknet markets started accepting Monero then its price increased and it's demand rose to a new height, so I guess that was the lucky break that Monero was waiting for. If the same would have been the case with one of these projects then they would also have been profitable for you to mine. So its just a matter of bad luck for you to waste your time on these projects.1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Thank you for the advice. But during 2016 to 2017. If you mine some petty coins you will surely get profit because all alts are going up prior to Bitcoin's bullish movement. Now that we are still in bearish period.
It isn't about the bullish or bearish trend of the market, its about the trend which the newly launched currencies follow, a few years back there used to be a lot of new projects that were based on mining and staking for earning mining rewards but now there isn't any mining involved in these tokens, now they are launched as IEO and ICO which doesn't require any mining so these coins that you were holding lost popularity due to the change in trend.
Thank you for the advice. But during 2016 to 2017. If you mine some petty coins you will surely get profit because all alts are going up prior to Bitcoin's bullish movement. Now that we are still in bearish period. Better stick to strong coins.
I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
make this as a lesson and experience so as not to do the same thing for the future, hopefully all users here can learn from your bad experiences in the crypto world because work without results is the thing we hate the most in life.
Obviously, and this is definitely a very valuable lesson for everyone, including me personally, even though during crypto I have never done mining work, but things like this will be a very valuable consideration in my life.
make this as a lesson and experience so as not to do the same thing for the future, hopefully all users here can learn from your bad experiences in the crypto world because work without results is the thing we hate the most in life.
Obviously, and this is definitely a very valuable lesson for everyone, including me personally, even though during crypto I have never done mining work, but things like this will be a very valuable consideration in my life. 
I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Didn't hear that kind coin. Why not .stay at Bitcoin cant really trust some random alts this year1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
So any suggestion about best coin tobe mined this 2020?
It will really help new miner or wanting to have some experience in mining.
make this as a lesson and experience so as not to do the same thing for the future, hopefully all users here can learn from your bad experiences in the crypto world because work without results is the thing we hate the most in life.
Altcoin mining is sometimes wasting time and costs. We have to be selective when choosing the altcoin we are going to mine and I think websites like coinmarketcap provide information about the rank of coins that can be mined, starting from information about the value of the marketcap and also the exchanger where the coins are traded
not only occasionally but indeed it will only waste electricity because when you do mining in altcoin that is all not too valuable anymore profit is not obtained too much anymore because the level of difficulty mining has been increased so it is better to just buy coins at the exchange which in my opinion is cheaper and can benefit more because there is no need to think about the cost of electricity and the cost of repairing mining equipment.
Altcoin mining is sometimes wasting time and costs. We have to be selective when choosing the altcoin we are going to mine and I think websites like coinmarketcap provide information about the rank of coins that can be mined, starting from information about the value of the marketcap and also the exchanger where the coins are traded
Anyone who had invested huge on mining equipments won't be ready to mine a coi which has no value yet so if you did means its your fault.But mining is still profitable but not for someone who has less powered miners so better mine coin which has less difficulty but has some value on the exchanges.
Any miner who has not enough resources to mine reputable tokens should not waste their funds paying for electricity and mining rigs. They can invest the funds they have in trading or IEOs. Investment in trading will yield more profit to them than what they spend mining worthless tokens. This goes to investors as well invest in reputable projects.
there are indeed many altcoins left behind and eventually die, because no investor wants to make transactions on coins, now not only mining, but trading must also be selective in choosing coins, to avoid the same events as our friend.
I thought that before trying to exploit those crap, you should know the risk you will face when you are trying to cope with crap mining. So too strict in their project selection, we will not have an honest altcoin market with honest and good quality projects.
I guess this is what high risk high reward is. Mining Bitcoin, Monero etc is not profitable at home setup. But if u mine 10 small coins and even 1 gets popular, then it's worth it. That being said research is still important. Can't just start mining any new coin you see in the market.
Jump to: