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Topic: What coins are best for noobs? - page 2. (Read 1336 times)

legendary
Activity: 1008
Merit: 1000
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July 06, 2016, 01:24:32 AM
#7
If you ask me i would go for ethereum because it's popular and many people are calling it as a bitcoin 2.0, But there is still a lot of coins to choose from so it's better if you do some research on google and i'm sure it will help you a lot because almost the answers are there. Oh i forgot, you can also dig some topic/threads on altcoin section in that section there are many members that discussing about the good coins that can be profitable.

If i was a noob which i am, i wouldnt take any advice for recommendations. I particularly wouldnt decide to take ethereum since its sinking at the moment and its not looking promising that it going to even be able to make a comeback after the fork. ethereum would be super high risk. Its maybe time to go back to alts that have passed the test of time.

Edit, I never saw that this was for mining. In that case you could mine ethereum to sell but i wouldnt reccomend buying any. Ethereum atm is still marginally profitable to mine fo rnow.
hero member
Activity: 675
Merit: 504
July 06, 2016, 01:09:44 AM
#6
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine

Depends on your goals and resources.
If your goal is learning how to mine, i'd pick up a dirt cheap second hand miner (a geccosciense stick for example, or an old S3) and experiment with mining bitcoin. You will not make any profit this way.

If your goal is making a profit, you'll need to tell us your budget, electricity rate, knowledge, maybe even which GPU's you have at hand...

Right now I just have a laptop and pretty much no resources I am just looking for an easy coin to mine so that I can have my computer on during the day and get a few coins even if they arent worth anything my goal is just to figure out coins and maybe eventually find a way to start my own my friend has been telling me about all kinds of coins and told me that people make like 5 new ones every day

Well... If it's just the learning experience you're after, you can try to download cpuminer-multi. I think this is their github page https://github.com/lucasjones/cpuminer-multi . You can search the forum for windows binaries.

Afterwards, you can go to coinwarz.com and select the different algo's, maybe run a little benchmark for the different cpu-minable coins. In coinwarz, pick a coin with low diff, that way you have a (small) shot at mining a block and getting the real mining-experience Smiley

Mind you: this is not the way to make any money... It's just an easy way of getting some experience without buying hardware!!! CPUmining is bad for your laptop!!!

My advice would still be to pick up some obsolete ASIC, they're allmost free nowadays, and then use it to mine a sha256 coin. If you want the full mining experience, use the same trick as before: go to coinwarz, pick a sha256 coin with very low diff and mine that one
legendary
Activity: 3668
Merit: 6382
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July 06, 2016, 01:08:48 AM
#5
Mining with laptop is a bad idea.
Laptops are not as resilient as desktops are and mining means you use heavily your GPU and/or CPU continuously day after day.
That may break your laptop sooner than you would like...
newbie
Activity: 14
Merit: 0
July 06, 2016, 01:01:30 AM
#4
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine

Depends on your goals and resources.
If your goal is learning how to mine, i'd pick up a dirt cheap second hand miner (a geccosciense stick for example, or an old S3) and experiment with mining bitcoin. You will not make any profit this way.

If your goal is making a profit, you'll need to tell us your budget, electricity rate, knowledge, maybe even which GPU's you have at hand...

Right now I just have a laptop and pretty much no resources I am just looking for an easy coin to mine so that I can have my computer on during the day and get a few coins even if they arent worth anything my goal is just to figure out coins and maybe eventually find a way to start my own my friend has been telling me about all kinds of coins and told me that people make like 5 new ones every day
hero member
Activity: 675
Merit: 504
July 06, 2016, 12:53:26 AM
#3
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine

Depends on your goals and resources.
If your goal is learning how to mine, i'd pick up a dirt cheap second hand miner (a geccosciense stick for example, or an old S3) and experiment with mining bitcoin. You will not make any profit this way.

If your goal is making a profit, you'll need to tell us your budget, electricity rate, knowledge, maybe even which GPU's you have at hand...
hero member
Activity: 2590
Merit: 644
July 06, 2016, 12:51:06 AM
#2
If you ask me i would go for ethereum because it's popular and many people are calling it as a bitcoin 2.0, But there is still a lot of coins to choose from so it's better if you do some research on google and i'm sure it will help you a lot because almost the answers are there. Oh i forgot, you can also dig some topic/threads on altcoin section in that section there are many members that discussing about the good coins that can be profitable.
newbie
Activity: 14
Merit: 0
July 05, 2016, 10:33:39 PM
#1
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine
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