Topic: Which alternate coins (Read 606 times)
nice website.. but ltc/ftc for me
Agree about MC2/NTC - keep an eye on that project. If it comes off how I hope, it will be worth being on board for the long term.
Scrypt currencies come with a drawback, once difficulty goes up and becomes unprofitable to mine the users will jump ship untill diff goes down leaving those with free electricity to continue mining or a untill aconsiderably more powerfull gpu comes out. SHA256 is more future proof because of the ASICs. That's probably why some consider LTC and other scrypt cryptos to be pump and dump get rich quick schemes.
Safest bet should be a hyprid PoW PoS SHA256 currency such as MC2 with some security measures against 51% attacks from ASICS.
Safest bet should be a hyprid PoW PoS SHA256 currency such as MC2 with some security measures against 51% attacks from ASICS.
You can use http://www.coinchoose.com/ to help you decide. It shows you profitability of many altcoins vs. bitcoin.
coinchoose is a good site. Thanks for sharing !
How are Litecoins doing, apparently they're the Silver to bitcoins Gold?
You can use http://www.coinchoose.com/ to help you decide. It shows you profitability of many altcoins vs. bitcoin.
Please pay more attention to liquidity as well. Some altcoins are overvalued and hard to sell.
Technically, Scrypt-based coins tend to do better on CPU's (though still not great).
Comparatively:
Phenom II X4 965 gets about 11 MHashes for BTC (SHA256) mining, a 7870 card gets about 400 MHash. In this, the video card gets 36x what the CPU does.
Same thing on Scrypt (LTC and such):
Phenom II X4 965 gets about 25 KHashes for LTC (Scrypt) mining, a 7870 card gets about 385 KHash. In this, the video card gets 15x what the CPU does.
Choosing a coin: http://dustcoin.com/mining and http://www.coinchoose.com/ both will say if they're either SHA256 or Scrypt.
Comparatively:
Phenom II X4 965 gets about 11 MHashes for BTC (SHA256) mining, a 7870 card gets about 400 MHash. In this, the video card gets 36x what the CPU does.
Same thing on Scrypt (LTC and such):
Phenom II X4 965 gets about 25 KHashes for LTC (Scrypt) mining, a 7870 card gets about 385 KHash. In this, the video card gets 15x what the CPU does.
Choosing a coin: http://dustcoin.com/mining and http://www.coinchoose.com/ both will say if they're either SHA256 or Scrypt.
All right thanks for the input, I will put all effort into down-clocking my S754 Sempron 1400MHz CPU, any mining on that will cost more money in electrictiy than it can generate.
If you are looking what is going to make you a few bucks now, something like coinchoose is great.
If you are asking whether any of these alt coins are going to be a market force like bitcoin, that's a completely different question. They need to much better than bitcoin to get any market share from bitcoin. My personal belief is that only if bitcoin collapses for some reason do the current crop of alt coins stand any chance of making it out of the mining community and into the real world.
Bitcoin v2 is much more likely to be the successor to bitcoin than an ever increasing number of wanna becoins. The more coins get launched it only serves to emphasise the people running them have no higher aspiration than "mine easy and make some quick bucks".
If you are asking whether any of these alt coins are going to be a market force like bitcoin, that's a completely different question. They need to much better than bitcoin to get any market share from bitcoin. My personal belief is that only if bitcoin collapses for some reason do the current crop of alt coins stand any chance of making it out of the mining community and into the real world.
Bitcoin v2 is much more likely to be the successor to bitcoin than an ever increasing number of wanna becoins. The more coins get launched it only serves to emphasise the people running them have no higher aspiration than "mine easy and make some quick bucks".
You can use http://www.coinchoose.com/ to help you decide. It shows you profitability of many altcoins vs. bitcoin.
Oh! Very useful site!
Technically, Scrypt-based coins tend to do better on CPU's (though still not great).
Comparatively:
Phenom II X4 965 gets about 11 MHashes for BTC (SHA256) mining, a 7870 card gets about 400 MHash. In this, the video card gets 36x what the CPU does.
Same thing on Scrypt (LTC and such):
Phenom II X4 965 gets about 25 KHashes for LTC (Scrypt) mining, a 7870 card gets about 385 KHash. In this, the video card gets 15x what the CPU does.
Choosing a coin: http://dustcoin.com/mining and http://www.coinchoose.com/ both will say if they're either SHA256 or Scrypt.
Comparatively:
Phenom II X4 965 gets about 11 MHashes for BTC (SHA256) mining, a 7870 card gets about 400 MHash. In this, the video card gets 36x what the CPU does.
Same thing on Scrypt (LTC and such):
Phenom II X4 965 gets about 25 KHashes for LTC (Scrypt) mining, a 7870 card gets about 385 KHash. In this, the video card gets 15x what the CPU does.
Choosing a coin: http://dustcoin.com/mining and http://www.coinchoose.com/ both will say if they're either SHA256 or Scrypt.
You can use http://www.coinchoose.com/ to help you decide. It shows you profitability of many altcoins vs. bitcoin.
Hi,
I'm pretty new to mining, just 4 weeks. I'm mining BTC on GPUs, now I wonder which other coins would be attractive, technically and market-wise, to be mined on the cpu. Any recommendations? Terracoins, LTC, etc.
Thanks
Schland
I'm pretty new to mining, just 4 weeks. I'm mining BTC on GPUs, now I wonder which other coins would be attractive, technically and market-wise, to be mined on the cpu. Any recommendations? Terracoins, LTC, etc.
Thanks
Schland
Jump to: