Which altcoin is worth for mining? | Bitcointalksearch.org

ankit10

sr. member

Activity: 952

Merit: 267

Quote from: kings11 on April 05, 2017, 05:49:37 PM

What would be a good place to start for option 2

I'm so sorry. Here is the information you need.
There are 2 routes to mining. I have listed them below.

Route 1 (Easy. No thinking involved):
Use your computer and go to https://minergate.com/.
Boom.
No thinking involved.
You started mining.
Congratulations.

Or.

Route 2 (Requires thinking):
Learn what a crypto currency is.
Learn about blockchain technology.
Learn about algorithms.
Learn how mining works for Proof-of-Work.
Learn how a GPU/CPU solves those algorithms.
Learn what GPU/GPU works best with the chosen algorithm.
Learn to fine tune and tweak your setup for faster hashing.
Mine.

You won't be a very good miner without knowing what mining is in the first place.
If you want to be profitable, go read on how markets work (I know, I know, more thinking...). Profitability changes all the time.
Education is important and if you aren't willing to educate yourself, BitcoinTalk can't save you.

[/quote]
Haye don't reply here same post again which east already posted by op ,it seems that you quoted the post and just removed quoted signs.
Don't try to this again or I will report admin about this.
Thanks

kings11

newbie

Activity: 19

Merit: 0

What would be a good place to start for option 2

I'm so sorry. Here is the information you need.
There are 2 routes to mining. I have listed them below.

Route 1 (Easy. No thinking involved):
Use your computer and go to https://minergate.com/.
Boom.
No thinking involved.
You started mining.
Congratulations.

Or.

Route 2 (Requires thinking):
Learn what a crypto currency is.
Learn about blockchain technology.
Learn about algorithms.
Learn how mining works for Proof-of-Work.
Learn how a GPU/CPU solves those algorithms.
Learn what GPU/GPU works best with the chosen algorithm.
Learn to fine tune and tweak your setup for faster hashing.
Mine.

You won't be a very good miner without knowing what mining is in the first place.
If you want to be profitable, go read on how markets work (I know, I know, more thinking...). Profitability changes all the time.
Education is important and if you aren't willing to educate yourself, BitcoinTalk can't save you.
[/quote]

ankit10

sr. member

Activity: 952

Merit: 267

Quote from: Elder III on April 03, 2017, 05:01:11 PM

If you are new to mining I suggest using a helpful tool such as Nicehash - it makes it allot less work to get set up and started if you don't know what you're doing exactly.

perhaps Minergate would be worth checking out too.

yes i am new in mining i dont know anything about mining ,thought to learn and start mining in my own house (not sure its profitable or not) as el;ectricity cost is very low here.And what is Nicehash?does they provide software or hardware for mining btw i will check that.
Yeah i am using Minergate as cpu mining but it needs to Turn ON PC always and i dont have much time to spend on PC

dwieyani

full member

Activity: 252

Merit: 100

how many do you have now

Elder III

sr. member

Activity: 1246

Merit: 274

If you are new to mining I suggest using a helpful tool such as Nicehash - it makes it allot less work to get set up and started if you don't know what you're doing exactly.

perhaps Minergate would be worth checking out too.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: szafa on April 03, 2017, 07:39:43 AM

Etherum ,etherum classic.Monero,etherum and sia,decred,etherum and decred.

if you have a good specs for sure those alts are very profitable to mine considering their value as of now, well if you just starting better to check
their own thread and reads some deep info about those project and learn from its community about mining the said coin, good luck to you OP.

ankit10

sr. member

Activity: 952

Merit: 267

Quote from: szafa on April 03, 2017, 07:39:43 AM

Etherum ,etherum classic.Monero,etherum and sia,decred,etherum and decred.

You are mining any one of them ?Or any other coin ?Do you know how to start mining with mining rig or gpu?I am doing research on how to start and how to mine the altcoin and which one is best for now.

szafa

hero member

Activity: 812

Merit: 500

Etherum ,etherum classic.Monero,etherum and sia,decred,etherum and decred.

TimeHacker

sr. member

Activity: 521

Merit: 256

Quote from: Metroiid on March 29, 2017, 01:59:52 PM

5 x Asus Strix RX 480 8 GB

Corsair HX1000i

Asus Prime H270-PLUS

120 GB SSD

It might be good enough to try mining some cryptonote coins like Monero.

Neon~

sr. member

Activity: 275

Merit: 250

Quote from: ankit10 on March 29, 2017, 12:03:39 PM

Hello miners....
I want to start mining but I don't know how to start and which altcoin was profitable to mine. Someone suggested me to mine ethereum as it was trusted and etc..what do you think which altcoin is bet to mine ?
And anyone from India who is mining altcoin ethereum or any other.?
Thanks sorry for leet English 😉😉☺☺

You can try pool mining Musicoin (https://musicoin.org). I have a pool running for the same at http://neonpool.ddns.net

Download miner from here - https://github.com/Genoil/cpp-ethereum/blob/master/releases/ethminer-0.9.41-genoil-1.1.7.zip
To start miner, use: ethminer.exe --farm-recheck 200 -G -SP 1 -S neonpool.ddns.net:8008 -O

mirny

legendary

Activity: 1108

Merit: 1005

At first learn how to read, then how to do math, then you can start think about some mining.

Dodnastes

newbie

Activity: 58

Merit: 0

Quote from: Metroiid on March 29, 2017, 01:59:52 PM

5 x Asus Strix RX 480 8 GB

Corsair HX1000i

Asus Prime H270-PLUS

120 GB SSD

That is good for Ethereum mining.

Cereberus

legendary

Activity: 910

Merit: 1000

I am mining a specific altcoin like LBC (Libry) the price has gone up from 0.00002xxxx btc to 0.00004620 btc. I am mining with weak cards , weak NVIDIA cards as this coin is specific to NVIDIA. NVIDIA is much better at this specific algorithm. One NVIDIA GTX 1060 can give you 160-170 MH/s hashrate which is equal to 41.45 LBC per day or 0.00191499 btc per day. The good thing is, this card only uses 100 watt when mining. The only downfall is if this algorithm LBC like altcoin goes down you are left with pretty much nothing as NVIDIA is not that good in mining other altcoins, only a few of them.

klimpa

newbie

Activity: 39

Merit: 0

You can wait until mid April then Baikal should have it's miners back in stock. If they don't increase in price (which they should, as they are great miners). That would be first to get. Very profitable, low electricty draw, quiet and easy to setup. Otherwise go for RX470 GPU rig. And mine ETH or ZEC.

ankit10

sr. member

Activity: 952

Merit: 267

Quote from: ?? on ??

Quote from: ankit10 on March 29, 2017, 12:03:39 PM

Hello miners....
I want to start mining but I don't know how to start and which altcoin was profitable to mine. Someone suggested me to mine ethereum as it was trusted and etc..what do you think which altcoin is bet to mine ?
And anyone from India who is mining altcoin ethereum or any other.?
Thanks sorry for leet English 😉😉☺☺

Quote from: ankit10 on March 29, 2017, 07:03:22 PM

Quote from: klimpa on March 29, 2017, 12:58:44 PM

What kind of rig or ASIC you have?

Read again😑

He was asking what sort of rig or ASIC you have. That depends on what coin to choose to mine. Some cards hash better on different coins and obviously ASICs are proprietary.
My advice is to learn what mining is and what grasp the actual concept first. It seems like you have no idea and want to get rich quick. The markets also play a large role in long term profitability.

I know what he want to say but as I said..."I want to start mining" so it means that I don't have anything and even I ask which coin I should choose to start mining.
I don't want to instantly richest person .
And yes I started to get information about mining I hope I will start mining soon .

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Metroiid on March 29, 2017, 01:59:52 PM

5 x Asus Strix RX 480 8 GB

Corsair HX1000i

Asus Prime H270-PLUS

120 GB SSD

This rig above could mine eth and decred using claymore 8.1 software.

meeow

member

Activity: 72

Merit: 11

Quote from: Etherion on March 29, 2017, 02:55:08 PM

http://whattomine.com/

Also mycryptobuddy.com, https://miningpoolhub.com/
Not that hard to google these things.

You'll want RX470s for best overall value.

ankit10

sr. member

Activity: 952

Merit: 267

Quote from: klimpa on March 29, 2017, 12:58:44 PM

What kind of rig or ASIC you have?

Read again😑

Etherion

sr. member

Activity: 512

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http://whattomine.com/

Metroiid

newbie

Activity: 17

Merit: 0

5 x Asus Strix RX 480 8 GB

Corsair HX1000i

Asus Prime H270-PLUS

120 GB SSD

Topic: Which altcoin is worth for mining? (Read 2515 times)