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Topic: Which coin should u mine right now? - page 3. (Read 498 times)

hero member
Activity: 2086
Merit: 994
Cats on Mars
September 15, 2022, 01:35:45 PM
#8
I know a some people jumped to cryptos like ravencoin and ccx, granted they're both shitcoins and i don't know how profitable they are not right now so i reckon it's not a good idea to mine both for the long-term, but at least those people didn't have to turn their entire rigs off. But I think you're better off sticking to nicehash for the time being.
full member
Activity: 854
Merit: 109
Trident Protocol | Simple «buy-hold-earn» system!
September 15, 2022, 01:05:46 PM
#7
Currently, I am not mining for any coins. I even started selling the graphics cards I had. I can say I've done enough damage. Bitcoin caught me at a very bad time. I can say that I will never do mining again.
legendary
Activity: 2156
Merit: 1622
September 15, 2022, 01:03:45 PM
#6
bet for btc is always a win-win situation

But you can't mine bitcoin efficiently with hardwere you have left from ETH mining. You need a decent atminer (most recent one) and cheap electricity. In my country even the best hardwere is not profitable in bitcoin mining. Break even point for BITMAIN AntMiner S19 XP is 0.16$/kWh at current BTC price (not including equipment depreciation). Its much more in most countries.
newbie
Activity: 36
Merit: 0
September 15, 2022, 12:59:27 PM
#5
not quite cheap, but years ago I "suffered" same situation, eth dumped to 200 usd and was not profitable but if I would have not stopped mining, the money I could have won is awesome, even without selling near the top...

so this time won't shut off my rigs even if I lose money for a while, 1-2 years is my estimation timeframe for starting the party again, thanks to btc halving so "mining" btc has more sense now than ever before hehe
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
September 15, 2022, 12:54:22 PM
#4
thanks for your reply, I guess will stick with nicehash and let the program to decide each moment what to mine Wink

bet for btc is always a win-win situation
If the electricity cost in your place is cheap then I guess that mining Bitcoin is win-win since the money that will cost you for electricity is very low then you will earn for sure unless you have solar panels in your home which will decrease or you don't have to pay your electricity bill. I would do what Tytanowy Janusz suggested when you mine crypto as I noticed this month, crypto price is decreasing but I think it will increase again later.
newbie
Activity: 36
Merit: 0
September 15, 2022, 12:32:30 PM
#3
thanks for your reply, I guess will stick with nicehash and let the program to decide each moment what to mine Wink

bet for btc is always a win-win situation
legendary
Activity: 2156
Merit: 1622
September 15, 2022, 12:08:25 PM
#2
I'm sure its not profitable with current price equals 23$ - https://coinmarketcap.com/currencies/ethereum-pow

Its 1.5% of ETH price so 98.5% of old ETH miners will have to quit to make it profitable. I'm sure its not that low today. I'm sure that there are more than 1.5% of miners that left their machines running after merge.

After ETH merge there is no good POW gpU minable coins that "will still be lucrative in the future", pick the best short term apy and dump as soon as you mined it. But I gess POW mining will enter a long term winter as 95% all GPU miners are without job now looking for alternatives.
https://whattomine.com/
newbie
Activity: 36
Merit: 0
September 15, 2022, 11:12:53 AM
#1
Hi folks,

After the successful (apparently eth merge), me and many others as eth miners, should ask ourselves not only which is the most profitable coin right now but which one will still be lucrative in the future... that means it should be a very solid coin and project

Today ethw is fully operative to be mined but couldn't find anywhere if it is profitable now or not... where could I check that?

Any help and advice would be appreciated, thanks in advance
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