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Topic: think i found the most profitable coin sha256. (Read 3405 times)

legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Anal Coin?!

This is beyond ridiculous...

Are we suppose to take this seriously?

Anal Coin = Shit coin  alt coins are basically shit coins
legendary
Activity: 3416
Merit: 1865
Curmudgeonly hardware guy
those obscured coins can always reveal some surprise, mine it until the diff is low, and then leave it, sell fast because those coins die fast, they are just P&D fest

They have been there for sometime, nothing new. Recently it has become more and more difficult to profit off them as everyone is becoming smarter.

About effing time. Alts have been a joke for years.
newbie
Activity: 20
Merit: 0
Anal Coin?!

This is beyond ridiculous...

Are we suppose to take this seriously?
hero member
Activity: 635
Merit: 500
BlasterKVs the king of xbox modding
if a coin doesn't have decent trading volume then its not worth mining
hero member
Activity: 584
Merit: 500
those obscured coins can always reveal some surprise, mine it until the diff is low, and then leave it, sell fast because those coins die fast, they are just P&D fest

They have been there for sometime, nothing new. Recently it has become more and more difficult to profit off them as everyone is becoming smarter.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =)

Some people don't like this analogy.  But I like to think of btc as the gold to the crypto world.  And ltc as the silver.

With them you won't get the swing that some of the unknown altcoins might have.  But you also don't lose lots from a pump and dump (normally).  If you mine BTC straight its about the safest mining you can do.


well ltc is very low ($1.65 usd? )  I am not  sure it will drop more . The problem with it is what gear can mine it at a profit?

lets say you have a 90 mh machine  using 750 watts It makes 1.75 a day.

The problem is does a 90 mh machine using 750 watts exist?

The A2 has really been king for quite a while.    The A2 came in 90, 60, 30 (and a smaller batch of closer to 100).   Either way no you don't make much and ROI would be hard.

The "newest" miners are 3 companies that split the chips.   They are 256 MHz using around 2200 watts.  So not really that much more efficient then A2's.

The one that would have been to a point was the L1 that was canceled.  Currently SFCARDS are working on a dual miner, that is really only miner we have a chance of ROI depending on specs that we currently don't know.
I was mining 17 gridseed blades
but the price dropped out and I was crushed. I stopped thinking of ltc as silver and btc as gold a long time ago.
hero member
Activity: 742
Merit: 500
would you mine mydickcoin? Roll Eyes

this bullshitcoins are like miners stealing from one another... 99% is a scheme, a scam behind each bulshitcoin
legendary
Activity: 1456
Merit: 1000
Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =)

Some people don't like this analogy.  But I like to think of btc as the gold to the crypto world.  And ltc as the silver.

With them you won't get the swing that some of the unknown altcoins might have.  But you also don't lose lots from a pump and dump (normally).  If you mine BTC straight its about the safest mining you can do.


well ltc is very low ($1.65 usd? )  I am not  sure it will drop more . The problem with it is what gear can mine it at a profit?

lets say you have a 90 mh machine  using 750 watts It makes 1.75 a day.

The problem is does a 90 mh machine using 750 watts exist?

The A2 has really been king for quite a while.    The A2 came in 90, 60, 30 (and a smaller batch of closer to 100).   Either way no you don't make much and ROI would be hard.

The "newest" miners are 3 companies that split the chips.   They are 256 MHz using around 2200 watts.  So not really that much more efficient then A2's.

The one that would have been to a point was the L1 that was canceled.  Currently SFCARDS are working on a dual miner, that is really only miner we have a chance of ROI depending on specs that we currently don't know.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =)

Some people don't like this analogy.  But I like to think of btc as the gold to the crypto world.  And ltc as the silver.

With them you won't get the swing that some of the unknown altcoins might have.  But you also don't lose lots from a pump and dump (normally).  If you mine BTC straight its about the safest mining you can do.


well ltc is very low ($1.65 usd? )  I am not  sure it will drop more . The problem with it is what gear can mine it at a profit?

lets say you have a 90 mh machine  using 750 watts It makes 1.75 a day.

The problem is does a 90 mh machine using 750 watts exist?
legendary
Activity: 1456
Merit: 1000
Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =)

Some people don't like this analogy.  But I like to think of btc as the gold to the crypto world.  And ltc as the silver.

With them you won't get the swing that some of the unknown altcoins might have.  But you also don't lose lots from a pump and dump (normally).  If you mine BTC straight its about the safest mining you can do.
legendary
Activity: 2450
Merit: 1002
Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =)
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
Your probably stuck on btc the only other coin which has been good to me is peercoin
But all altcoins have a pretty low trading volume so they hardly can compete with bitcoin.
The named coin shows only very low trading volume so i guess not even worth looking at.
Stick to bitcoin or gamble on the next high trade volume sha256 coin that it gets a boost.
Peercoin has proven to be at some moments to make more profit, but again its all a gamble.
jr. member
Activity: 79
Merit: 1
anybody got any more advise to beat the system to get more profit? I am just coming up empty handed here. I need to max my profit.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
I'm almost tempted to mine it now with a name like that. The only other altcoin I considered mining was Shitcoin and that's just because it was the first altcoin I'd ever seen that was honest with itself.

And always remember, the profitability from an altcoin always comes from the people being left with the bag when the pump ends. It's basically robbing a group of willing idiots whose timing wasn't quite as fortunate as yours. Go mine a coin with a value based more on utility than cleverly-played hype.

Yea.... the name makes me think it is pump/dump.  It does not attract serious investors with the name.

It seems a lot try to cash in on pump and dump.  I wish people did not change logo and name and call it a new coin.  I think part of reason altcoins do bad is all the crap coins.    They should bring something new to launch a coin.



 Grin  Anal coin = crap coin  Cheesy
legendary
Activity: 1456
Merit: 1000
I'm almost tempted to mine it now with a name like that. The only other altcoin I considered mining was Shitcoin and that's just because it was the first altcoin I'd ever seen that was honest with itself.

And always remember, the profitability from an altcoin always comes from the people being left with the bag when the pump ends. It's basically robbing a group of willing idiots whose timing wasn't quite as fortunate as yours. Go mine a coin with a value based more on utility than cleverly-played hype.

Yea.... the name makes me think it is pump/dump.  It does not attract serious investors with the name.

It seems a lot try to cash in on pump and dump.  I wish people did not change logo and name and call it a new coin.  I think part of reason altcoins do bad is all the crap coins.  They should bring something new to launch a coin.
legendary
Activity: 3416
Merit: 1865
Curmudgeonly hardware guy
I'm almost tempted to mine it now with a name like that. The only other altcoin I considered mining was Shitcoin and that's just because it was the first altcoin I'd ever seen that was honest with itself.

And always remember, the profitability from an altcoin always comes from the people being left with the bag when the pump ends. It's basically robbing a group of willing idiots whose timing wasn't quite as fortunate as yours. Go mine a coin with a value based more on utility than cleverly-played hype.
sr. member
Activity: 406
Merit: 250
Anal coin? WTF s that? How can anyone expect that name help out a coin to become mainstream.
legendary
Activity: 3248
Merit: 1070
those obscured coins can always reveal some surprise, mine it until the diff is low, and then leave it, sell fast because those coins die fast, they are just P&D fest
legendary
Activity: 1456
Merit: 1000
The difficulty changes every few minutes. You made your calculations when the difficulty was low, now its up and no longer profitable.

On new coins it is amazing how quick it can go.   With asics they can blow through some of the early sha difficulty.

It's hard to beat BTC full time.  If you look at coinwarz it changes a lot based on price, difficulty, exchange price, etc. 
legendary
Activity: 3808
Merit: 1723
The difficulty changes every few minutes. You made your calculations when the difficulty was low, now its up and no longer profitable.
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