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Topic: What is Most profitable coin after ether? Also any thoughts on prohash (Read 548 times)

member
Activity: 185
Merit: 14
if the greedy don't close their rigs and don't leave 2-3 cards at most, no coin is going to be profitable. ethereum is over and so is the party.
They can't keep up to this forever, very soon the difficulty of every small altcoins will start going down bit by bit and graphic cards will flood the market, it seems that only bull market is when mining will be a bit profitable and nothing will happen in a bear market, I still believe that no other coin will be like Ethereum.
member
Activity: 124
Merit: 10
if the greedy don't close their rigs and don't leave 2-3 cards at most, no coin is going to be profitable. ethereum is over and so is the party.
sp_
legendary
Activity: 2898
Merit: 1087
Team Black developer
Quote
Gary Gensler, head of the Securities and Exchange Commission (SEC), has said on numerous occasions that PoW assets such as BTC are commodities, not securities, and should therefore not be regulated as securities.

That’s not the case with PoS, according to Gensler. Last week, the SEC chief commented that digital assets that allow investors to stake their holdings in exchange for new coins may qualify them as securities. The implication, of course, is that oversight of these coins may end up being just as rigorous as that of stocks, bonds, ETFs and other highly regulated assets. Besides ETH, other popular PoS cryptocurrencies include Cardano, Polkadot and Avalanche.

https://www.forbes.com/sites/greatspeculations/2022/09/21/decision-to-switch-ethereum-to-proof-of-stake-may-have-been-based-on-misleading-energy-fud/?sh=4497457b384a

donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
The oldtimers are dumping their ETH and waiting to buy ETH POW. 2016 all over again... Easy money

They're dumping their ETH, sure.  That's what legacy finance people do in recessions.  Since ETH is basically owned by funds, it isn't surprising they used the merge to lock a ton of coins away, inflate the price, then dump like no tomorrow. 

I don't believe they're waiting to buy ETH POW though.  That would be dumb probably.  More likely they're raising cash and looking for good bargains on mansions. 
sr. member
Activity: 714
Merit: 296
Cashback 15%
The oldtimers are dumping their ETH and waiting to buy ETH POW. 2016 all over again... Easy money
How sure are you that this is what's currently going on? ETH pOW has no meaningful use case, why would the big players go after ETH pOw? Anyway, I as a person will still gamble with the new ETH poW if the price crashes more, this is a high risk investment.
legendary
Activity: 2212
Merit: 1031
The oldtimers are dumping their ETH and waiting to buy ETH POW. 2016 all over again... Easy money

Speaking of oldtimers. see my post above Cheesy
legendary
Activity: 2212
Merit: 1031
Epic Cash. It has been the most profitable coin to mine for years and now it's the ONLY profitable coin to mine aside from Kaspa and EPIC beats Kaspa by 25-45%... And... EPIC uses 52% less energy since it cycles to the CPU (and a little to ASIC) when it's not on GPU mining. 

Now... if someone like sp_ would make some more 3rd party support so that we cold switch-mine to Kaspa when EPIC is on CPU cycles that would be pretty cool Smiley
sp_
legendary
Activity: 2898
Merit: 1087
Team Black developer
The oldtimers are dumping their ETH and waiting to buy ETH POW. 2016 all over again... Easy money
member
Activity: 759
Merit: 15
In my opinion the choice for the after eth is only between ravencoin, ergo and etc because it seems to me that ethw has not yet been fully developed personally i have chosen etc but not for the greater profits but for sympathy and ease of mining
sp_
legendary
Activity: 2898
Merit: 1087
Team Black developer
So I can mine on let's say, an ethereum address created before the merge, that I currently have access to. Right?

Yes, if you have access to the private key, or the exchange that created the new adress support ethereum POW. Binance and Coinbase might support it, but not yet confirmed.
jr. member
Activity: 56
Merit: 4
I moved to mining RVN. I was on ETH at 200 mh/s and now I'm on RVN at 102mh/s which is about as expected half of the speed of ETH. Price of profit is the highest according to what to mine and I've done RVN in the past so I had everything already setup so no need to make a new wallet or reconfig a miner
full member
Activity: 242
Merit: 115
And where to get ethw wallet?

Since its a fork off ETH I am pretty sure you can just make your own address and private key with the ETH software. You can load the eth client offline and create an address and save your key. And use that address to mine it too.

You should start to mine ASAP before the hashrate grows. Later on you can get an official ETHW client wallet.
So I can mine on let's say, an ethereum address created before the merge, that I currently have access to. Right?
sp_
legendary
Activity: 2898
Merit: 1087
Team Black developer
Since its a fork off ETH I am pretty sure you can just make your own address and private key with the ETH software. You can load the eth client offline and create an address and save your key. And use that address to mine it too.

Yes, or mine to an exchange that support ethereum POW


29 THASH now. 10% of the Ethereum Classic Network hash, and the coin is trading at $23 a coin

7 times more profitable to mine than ETC..
legendary
Activity: 3738
Merit: 1708
And where to get ethw wallet?

Since its a fork off ETH I am pretty sure you can just make your own address and private key with the ETH software. You can load the eth client offline and create an address and save your key. And use that address to mine it too.

You should start to mine ASAP before the hashrate grows. Later on you can get an official ETHW client wallet.
newbie
Activity: 75
Merit: 0
And where to get ethw wallet?
sp_
legendary
Activity: 2898
Merit: 1087
Team Black developer
full member
Activity: 1123
Merit: 136
Vertcoin is still pretty profitable with the Team Black Miner. $1 a day with the 3060ti (1.5MHASH)

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legendary
Activity: 3136
Merit: 1233
Leading Crypto Sports Betting & Casino Platform
It’s pointless analyzing this right now.

You need to see how much of the ETH hashrate is moved to other coins to determine profitability. ETH has an enormous amount of hashrate. Some ASIC some not. Some will liquidate their gear others will keep on mining.

We will know more in about a week or so when the dust settles.

The first day though is showing us that we are in the middle of a huge exponential increase of the difficulty of the network of ETC,almost 1/4 from ETH has already moved here as we are now near 3 P for just some hours more and last time around I checked ETH difficulty was 12 P or so,25% is already moved to ETC which has made this coin for GPU home miners totally unprofitable from profitable that it was just less than one day ago.

As you say after some days we will see where the rest of the 9 P will move at which coin and only after that we can make calculations again.
sp_
legendary
Activity: 2898
Merit: 1087
Team Black developer
Vertcoin is still pretty profitable with the Team Black Miner. $1 a day with the 3060ti (1.5MHASH)
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