Topic: What to mine? (Read 228 times)

research on which is more profitable or what coin you believe in

After a stint on nicehash for about 6 months (I half-assed got back into mining) I would likely never go back to an autoswitching miner whether it trades or not. Maybe if some awesome AI trading miner comes out lol.

I think being lazy cost me quite a bit. From July to December I mined about .6 BTC with Nicehash. In that time BTC went from around $2500 to where it is now so I more than paid off my hardware. About 2x ROI in under 6 months. I did that cause I was busy and lazy in the summer.

When Nicehash got hacked I lost $40 but more importantly I was forced to figure something else out. I tried some autoswitching miners and they didn't seem to be as profitable as nicehash and were more clunky to use. But then I remembered that it really isn't hard setting up a miner so I got off my but and started to do things the right way again. I bought some more GPUs and I picked out ZCL, mined it for a week before I exploded. That 1 week netted $5000 worth of ZCL (about 50 coins). The big part though is that it forced me to pay attention to coins so I traded for some ZCL at $9. None of that would have happened if I was still dozing at the wheel with Nicehash.

So I know I didn't really answer your question but I just wouldn't recommend an autoswitching miner unless you really don't have time or really just need to get paid in BTC and cash out regularly to pay the bills. Even so, consider doing half and half or something like that. There is a lot of potential in holding onto altcoins for awhile. I wish I realized that back in 2014 when I stopped mining.

As for NVIDIA or AMD. I find NVIDIA mining pretty hassle free there lots of good coins to mine with it. I am considering an AMD rig but I don't know if I want to bother having to fuss around with another set of cards and drivers. I have some VEGAs on backorder so if they actually appear I will give it a go but I am really thinking of doing another nvidia rig.

Any recommendation on an autoswitching miner that also trades?

I'm looking into an ATI spec and also an NVIDIA spec, just unsure of which way to go on it.

I did a mix in Electroneum, so when I though if could drop I sold some ETN and things like that, so I can hold for long term or sell depending on the situation.

Are you planning on holding coins or regularly selling them off to pay bills and/or take profit? If you are selling them off regularly just mine whatever pays the best (basically the top few on whattomine) or use an auto switching and trading miner and pool.

If you are holding them then it is a bit of speculation game. You don't have to mine the top ones. If you suspect a coin will rise in value and you get pretty good output on. For example, I was mining ZCL hoping it would stay flat for awhile (still decent profit) and then rise after I accumulated a bunch.. Didn't quite work out because a week in the price doubled.. but worse things can happen.
 

I have started to mine zion coin on https://zoin.netabuse.net pool. it is giving me 200 + h/s with  a single thread on my i5 processor.
But doesn't know much about the coin. this is the first time i'm mining . you can give it a try.
One of my friends has started mining ROI coin and he said he has about 400 + H/s .
both these coins are cpu mining coins and both of us are new to mining .
Take a look, you may get better results as we are only running on most basic methods of mining. 

Hi.
I have been mining during 1 month Electroneum and Bytecoin because CryptoNight is the less cost power coin but now the difficulty raised and I don´t see too much profit right now.(it gives me like 300 h/s with GPU and 100 with CPU using XMR-Stak CPU and XMR-STAK GPU or sometimes CcMiner)
I have a GPU Gigabyte GTX1060 3GB and one CPU I5 4 cores.

I know a lot of people ask that and maybe you are tired to answer but I check whattomine and I don´t find anything.