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Topic: What are you mining right now ....and why? (Read 583 times)

newbie
Activity: 1
Merit: 0
January 30, 2018, 01:27:50 AM
#32
One quickly rising cryptocurrency exchange platforms is www.swapmint.io. The innovative feature on Swapmint is the fact that it doesn’t require you to make an account to trade cryptocurrencies. This keeps your assets safe.  You can’t pick a lock when there’s no door at all.
newbie
Activity: 42
Merit: 0
January 30, 2018, 01:18:07 AM
#31
Check it out, was is the best Coin for your Hardware

http://whattomine.com/

If a coin is listed on that site, it's too late to mine that. You need to move on and find new ones.

Lol ... Are you still waiting for that Lambo?  Keep waiting.  It's not coming.  Not for you brother. Haha.

Actually he's right...  You shouldn't be laughing at him as if you actually know what you're talkign about.

If you want to hit it big you have to find coins to mine before the masses drive up the difficulty.  Most people look at what to mine, so once the coin is listed there difficulty goes way up.  

It's hard to find new ones that are actually worth mining because most of the are crap and the ones that aren't have a lot of people on them early (like ETN), but finding new coins and mining early is a very viable strategy.
member
Activity: 82
Merit: 13
Nothing in the cry of cicadas suggests ...
January 30, 2018, 01:12:08 AM
#30
I found a coin the other day on an ANN thread - was "NiceHash" resistant using C11 which NH apparently doesn't support. I think there's something to be said for finding early coins, mining at least a few hundred, moving on to the next, and then waiting for them to get picked up by masternode sharing sites, where you can get seats for just a few hundred.  Most of them won't make it, but the ones that do will pay of the ones that don't.  In theory. 
member
Activity: 98
Merit: 12
January 30, 2018, 12:30:00 AM
#29
I do mine a fair amount on prohashing as a set it and forget it setup with payouts in litecoin.  I also will mine specific coins based on whattomine stats are.  Recently i have mined a fair bit of POKERcoin as it is nearing the end of the pow phase and is about to be listed on a few exchanges.  Its easy to sit and collect the pos portion of the coin.
jr. member
Activity: 129
Merit: 6
Long term HODLer since 2014
January 29, 2018, 11:50:14 PM
#28
I used to dual-mine ETH + SIA coin for about six months. Now I just single-mine ETH.

Got my Antminer A3 coming in soon  Kiss Kiss
full member
Activity: 210
Merit: 174
BookiePro.Fun - The World's Betting Exchange
January 29, 2018, 11:22:13 PM
#27
....

There are two servers that have an Intel Xeon processor E5 2620 2GHZ (2 processors), and some i7 PCs but do not know how to dig for the performance, please consult.
E5 2620 2GHZ has 6 of Cores, and 12 of threads. how many threads then determine how much your hashrate.
then hashrate determine your reward(coin) is proportional to your share of the network hashrate.
newbie
Activity: 83
Merit: 0
January 29, 2018, 10:35:13 PM
#26
Mining is no where near unprofitable as some of the comments above would indicate.  You can make a decent amount of anything listed on whattomine anything more than that you will have to do some additional research to find the diamonds in the rough.

There are two servers that have an Intel Xeon processor E5 2620 2GHZ (2 processors), and some i7 PCs but do not know how to dig for the performance, please consult.
member
Activity: 504
Merit: 71
Just Getting Started...
January 29, 2018, 09:57:27 PM
#25
When ZCL was up I was mining it, now everything except for one ZCL "donation" rig is on ETH. I agree though, if you find a coin that you believe in mine it! It's nice being part of a community. I really think privacy coins are going to be the rage in 2018 and I liked ZCL hence my choice, but right now I mutinied and went for a bit of ETH to hedge my BTC losses Smiley


full member
Activity: 210
Merit: 174
BookiePro.Fun - The World's Betting Exchange
January 29, 2018, 09:52:12 PM
#24
Mining the most profitable coins, low diff, high convert to BTC, and high sell to $. for this situation everyone is want.

But for me, I think whatever the coin will to be mining, most importantly is when I calculate electricity bill very low than profit. often mining ETH coin, sometimes mining Zcash.
member
Activity: 644
Merit: 24
January 29, 2018, 09:09:30 PM
#23
Check it out, was is the best Coin for your Hardware

http://whattomine.com/

If a coin is listed on that site, it's too late to mine that. You need to move on and find new ones.

Lol ... Are you still waiting for that Lambo?  Keep waiting.  It's not coming.  Not for you brother. Haha.
member
Activity: 630
Merit: 10
In BTCz we trust. Organic slow growth.
January 29, 2018, 09:02:27 PM
#22
Check it out, was is the best Coin for your Hardware

http://whattomine.com/

If a coin is listed on that site, it's too late to mine that. You need to move on and find new ones.
full member
Activity: 378
Merit: 135
January 29, 2018, 08:56:20 PM
#21
Mining is no where near unprofitable as some of the comments above would indicate.  You can make a decent amount of anything listed on whattomine anything more than that you will have to do some additional research to find the diamonds in the rough.
member
Activity: 644
Merit: 24
January 29, 2018, 08:40:52 PM
#20
these days are bad days for mining. profits are so low. İts better to give a break maybe Smiley Or just hold your rewards for future !

What the hell are you talking about?

Mining profits are still near an all time high.



Yeah I'm thinking the same thing about his comment ... WTF?

It’s pretty easy to feel this way after holding mined coins for a while and adjusting past daily returns to current prices, which I assume is what he’s comparing to.

Awhile?  If you started mining with good hardware a few months ago, you should still be happy.  No, btc is not anywhere close to it's all time high today, but damn.  Greedy much?
member
Activity: 223
Merit: 21
DCAB
January 29, 2018, 08:24:24 PM
#19
these days are bad days for mining. profits are so low. İts better to give a break maybe Smiley Or just hold your rewards for future !

What the hell are you talking about?

Mining profits are still near an all time high.



Yeah I'm thinking the same thing about his comment ... WTF?

It’s pretty easy to feel this way after holding mined coins for a while and adjusting past daily returns to current prices, which I assume is what he’s comparing to.
member
Activity: 223
Merit: 21
DCAB
January 29, 2018, 08:22:46 PM
#18
im mining doyourownfuckingresearchcoin because i hate lazy fucktard nicehashminers

While the general consensus is similar to above, I think keeping coins a secret to keep people away is rather rediculous. Why wouldn’t you want more people to know about it? The more miners, the more viral marketing, the higher the odds of it succeeding. It creates a positive cycle.
hero member
Activity: 850
Merit: 504
January 29, 2018, 08:00:26 PM
#17
I am mining ELLA right now. Its just a  try with my gaming GPU and I am exciting about it. Its very cheap right now, but I am not doing it for profit and I did not intend it to spend in the near future. Who knows it might skyrocket after 5 years  Grin
member
Activity: 644
Merit: 24
January 29, 2018, 07:38:25 PM
#16
these days are bad days for mining. profits are so low. İts better to give a break maybe Smiley Or just hold your rewards for future !

What the hell are you talking about?

Mining profits are still near an all time high.



Yeah I'm thinking the same thing about his comment ... WTF?
newbie
Activity: 27
Merit: 0
January 29, 2018, 07:37:29 PM
#15
I am mining cosmos coin, not really for profit, but because i want to support their efforts.
newbie
Activity: 40
Merit: 0
January 29, 2018, 07:31:59 PM
#14
these days are bad days for mining. profits are so low. İts better to give a break maybe Smiley Or just hold your rewards for future !

What the hell are you talking about?

Mining profits are still near an all time high.

newbie
Activity: 25
Merit: 0
January 29, 2018, 03:01:20 PM
#13
People don't say what they mine on the forums, cause the more miners there are, the more the difficulty increases. Even if your personal 3x1070 wouldn't actually make a difference, posting such info publicly would maybe influence more, larger miners to get on the same coin.

Unless they mine on autoexchange to btc pools where it's more about what algo to mine, than what coin.
If that is the case, it's very easy to take a look at MegaMiner, NemosMiner or SniffDogMiner algo switchers and see what is most profitable most often.
In my case, with the same setup as yours (3x1070), I can see that the most profitable algos are:
- blake2s, x17, lyra2v2 (these all usually mine Verge coin, so if you want you might try that one)
- Neoscrypt (lots of coins use neoscrypt, vivo, guncoin, orbitcoin, crowdcoin, feathercoin, innova, trezarcoin just to name a few), the fact that there's a lot of them makes neoscrypt an algo pretty stable to mine, even if not always the best.
- Phi (Luxcoin)
There are other profitable algos/coins but they usually are very unstable like nist5-bulwark or tribus-denarius. They sometimes top the charts for profitablity and then drop as fast as they climbed, so I removed them.

I don't know how much more worth it is to mine the actual coin and then spend the time to analyze when is best to convert them, it also depends if you want to mine a coin that you think will go up a lot, but then you're also an investor not only a miner, it's your call, but do share any info if you have it.

Totally agree with dude.
Take whattomine as a reference guide. Never blindly follow WTM.
The highest paying algos have other gems too. You need to search.
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