Topic: What are the best ways to target new 'below-radar' coins to mine? (Read 681 times)
Unfortuntely most new coins are ICOs so you can't mine them.
Maybe there is some software, like whattomine.com?
1. Read
2. Read
3. Read some more
4. go back and read
5. Make sure you read
6. Did I mention you should read?
2. Read
3. Read some more
4. go back and read
5. Make sure you read
6. Did I mention you should read?
https://icotracker.net/
This helps me grasp what is new and coming to market. Of course they have to be offered first, and usually a ways away from mining. You can take the information though and look at the whitepages. Keep in mind that not all tokens will be Proof of Work.
This helps me grasp what is new and coming to market. Of course they have to be offered first, and usually a ways away from mining. You can take the information though and look at the whitepages. Keep in mind that not all tokens will be Proof of Work.
intuition first; read all of the info, mainly from developers; last - unusual technical aspects. works so far 
Each person's methods or tips will be vastly different depending on their own circumstances. If they have bills to pay, then making a bet on a BRC can be costly. But, they could make a strategy of alternate weeks of mining a BRC coin vs. KPC (known profit coin(s)). The market conditions will also play a huge part in that decision, as do rising difficulties, and plans to expand mining rigs, or swap out older GPUs to newer GPUs.
One could do a 25/75% split (one week of BRC, 3 weeks of KPC) a month. You only drop your potential net revenue by roughly 25% for the month, if you don't consider other factors like "when" you do that week of BRC, as difficulties in mining a known profit coin are most certainly going to rise. So you might be best to mine 3 solid weeks of your KPCs right after your bill pay cycle, then switch to a BRC during the last week of that cycle. That way you get more mining momentum while the difficulty is slightly lower.
Of course, the situation becomes a lot muddier if your rigs are paid off, or you have a lot of rigs to divvy up between KPCs and bets on BRCs. If you are in this successful situation already, then you probably don't need a ton of advise... you are a successful miner. You can take some risks on some BRCs with one or two rigs while your stable core of rigs tackle some KPCs.
Then of course, the hobby miner, who does it more for fun should probably always go for BRCs, or reverse the 25/75% split so they are mining BRCs most of the time, and then mine a KPC for a bit here and there to pay off their electric. If they have free electric, then you might as well chase BRCs 24/7/365.
One could do a 25/75% split (one week of BRC, 3 weeks of KPC) a month. You only drop your potential net revenue by roughly 25% for the month, if you don't consider other factors like "when" you do that week of BRC, as difficulties in mining a known profit coin are most certainly going to rise. So you might be best to mine 3 solid weeks of your KPCs right after your bill pay cycle, then switch to a BRC during the last week of that cycle. That way you get more mining momentum while the difficulty is slightly lower.
Of course, the situation becomes a lot muddier if your rigs are paid off, or you have a lot of rigs to divvy up between KPCs and bets on BRCs. If you are in this successful situation already, then you probably don't need a ton of advise... you are a successful miner. You can take some risks on some BRCs with one or two rigs while your stable core of rigs tackle some KPCs.
Then of course, the hobby miner, who does it more for fun should probably always go for BRCs, or reverse the 25/75% split so they are mining BRCs most of the time, and then mine a KPC for a bit here and there to pay off their electric. If they have free electric, then you might as well chase BRCs 24/7/365.
It has always been a good idea to mine below-radar-coins (BRC) and hope that your larg holdings of that coins prove profitable once (if) that coin floats above the radar and increases in value
I'm just wondering what are people's methods for locating and selecting these BRCs? Where do you read and learn about them and what characteristics make them interesting enough to mine?
Further to this - how long would you typically mine such a BRC? A week? A month? Depends on the characteristics of the coin? Because of course the longer you mine it the higher your risk/reward ratio
Any thoughts or tips appreciated
I'm just wondering what are people's methods for locating and selecting these BRCs? Where do you read and learn about them and what characteristics make them interesting enough to mine?
Further to this - how long would you typically mine such a BRC? A week? A month? Depends on the characteristics of the coin? Because of course the longer you mine it the higher your risk/reward ratio
Any thoughts or tips appreciated
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