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Title: think i found the most profitable coin sha256. Post by: fred96002001 on March 30, 2015, 01:02:40 AM correct me if i am wrong but my math points to anal coin being the most profitable coin to mine and coin warz don't show it. here is my math i have done using 1 ths. please correct me if i am wrong. i need to know before i start mining this coin.
according to my math and https://alloscomp.com/bitcoin/calculator anal coin is the more profitable coin right now to mine. 1 anal coin is worth $0.01687 u can mine 2197.65642452 anal coins a day with 1ths vs 0.01076483 BTC bit coins or $2.617 a day on just 1ths. please correct me if i am wrong. bit coin 46717549644.7 Difficulty vs anal coin 228,837.64305490. current exchange rate 1 anal coin to 0.00006969 BTC https://yobit.net/en/trade/ANAL/BTC . Difficulty anal coin from pool info http://sha256d.ispace.co.uk/coindetails/?coin=anal . if you wish to check my work please let me know. Title: Re: think i found the most profitable coin sha256. Post by: notlist3d on March 30, 2015, 01:09:01 AM Keep in mind with a name like that I think its a pump and dump coin. It might be most profitable.... but it could have entire market drop out. And BTC will always have a market.
I don't feel like a coin with that name is long term :) Title: Re: think i found the most profitable coin sha256. Post by: fred96002001 on March 30, 2015, 01:15:56 AM oh i am just going to trade them while i can. i am not going to hold them.
Title: Re: think i found the most profitable coin sha256. Post by: adaseb on March 30, 2015, 01:19:03 AM The difficulty changes every few minutes. You made your calculations when the difficulty was low, now its up and no longer profitable.
Title: Re: think i found the most profitable coin sha256. Post by: notlist3d on March 30, 2015, 03:49:32 AM The difficulty changes every few minutes. You made your calculations when the difficulty was low, now its up and no longer profitable. On new coins it is amazing how quick it can go. With asics they can blow through some of the early sha difficulty. It's hard to beat BTC full time. If you look at coinwarz it changes a lot based on price, difficulty, exchange price, etc. Title: Re: think i found the most profitable coin sha256. Post by: Amph on March 30, 2015, 06:53:05 AM those obscured coins can always reveal some surprise, mine it until the diff is low, and then leave it, sell fast because those coins die fast, they are just P&D fest
Title: Re: think i found the most profitable coin sha256. Post by: Minerjoe on March 30, 2015, 07:47:46 AM Anal coin? WTF s that? How can anyone expect that name help out a coin to become mainstream.
Title: Re: think i found the most profitable coin sha256. Post by: sidehack on March 30, 2015, 07:52:38 AM I'm almost tempted to mine it now with a name like that. The only other altcoin I considered mining was Shitcoin and that's just because it was the first altcoin I'd ever seen that was honest with itself.
And always remember, the profitability from an altcoin always comes from the people being left with the bag when the pump ends. It's basically robbing a group of willing idiots whose timing wasn't quite as fortunate as yours. Go mine a coin with a value based more on utility than cleverly-played hype. Title: Re: think i found the most profitable coin sha256. Post by: notlist3d on March 30, 2015, 08:00:16 AM I'm almost tempted to mine it now with a name like that. The only other altcoin I considered mining was Shitcoin and that's just because it was the first altcoin I'd ever seen that was honest with itself. And always remember, the profitability from an altcoin always comes from the people being left with the bag when the pump ends. It's basically robbing a group of willing idiots whose timing wasn't quite as fortunate as yours. Go mine a coin with a value based more on utility than cleverly-played hype. Yea.... the name makes me think it is pump/dump. It does not attract serious investors with the name. It seems a lot try to cash in on pump and dump. I wish people did not change logo and name and call it a new coin. I think part of reason altcoins do bad is all the crap coins. They should bring something new to launch a coin. Title: Re: think i found the most profitable coin sha256. Post by: philipma1957 on March 30, 2015, 01:57:08 PM I'm almost tempted to mine it now with a name like that. The only other altcoin I considered mining was Shitcoin and that's just because it was the first altcoin I'd ever seen that was honest with itself. And always remember, the profitability from an altcoin always comes from the people being left with the bag when the pump ends. It's basically robbing a group of willing idiots whose timing wasn't quite as fortunate as yours. Go mine a coin with a value based more on utility than cleverly-played hype. Yea.... the name makes me think it is pump/dump. It does not attract serious investors with the name. It seems a lot try to cash in on pump and dump. I wish people did not change logo and name and call it a new coin. I think part of reason altcoins do bad is all the crap coins. They should bring something new to launch a coin. ;D Anal coin = crap coin :D Title: Re: think i found the most profitable coin sha256. Post by: fred96002001 on March 30, 2015, 02:29:32 PM anybody got any more advise to beat the system to get more profit? I am just coming up empty handed here. I need to max my profit.
Title: Re: think i found the most profitable coin sha256. Post by: bronan on March 30, 2015, 02:37:17 PM Your probably stuck on btc the only other coin which has been good to me is peercoin
But all altcoins have a pretty low trading volume so they hardly can compete with bitcoin. The named coin shows only very low trading volume so i guess not even worth looking at. Stick to bitcoin or gamble on the next high trade volume sha256 coin that it gets a boost. Peercoin has proven to be at some moments to make more profit, but again its all a gamble. Title: Re: think i found the most profitable coin sha256. Post by: GenTarkin on March 30, 2015, 04:15:35 PM Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =)
Title: Re: think i found the most profitable coin sha256. Post by: notlist3d on March 30, 2015, 05:24:11 PM Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =) Some people don't like this analogy. But I like to think of btc as the gold to the crypto world. And ltc as the silver. With them you won't get the swing that some of the unknown altcoins might have. But you also don't lose lots from a pump and dump (normally). If you mine BTC straight its about the safest mining you can do. Title: Re: think i found the most profitable coin sha256. Post by: philipma1957 on March 30, 2015, 05:32:11 PM Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =) Some people don't like this analogy. But I like to think of btc as the gold to the crypto world. And ltc as the silver. With them you won't get the swing that some of the unknown altcoins might have. But you also don't lose lots from a pump and dump (normally). If you mine BTC straight its about the safest mining you can do. well ltc is very low ($1.65 usd? ) I am not sure it will drop more . The problem with it is what gear can mine it at a profit? lets say you have a 90 mh machine using 750 watts It makes 1.75 a day. The problem is does a 90 mh machine using 750 watts exist? Title: Re: think i found the most profitable coin sha256. Post by: notlist3d on March 30, 2015, 07:06:13 PM Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =) Some people don't like this analogy. But I like to think of btc as the gold to the crypto world. And ltc as the silver. With them you won't get the swing that some of the unknown altcoins might have. But you also don't lose lots from a pump and dump (normally). If you mine BTC straight its about the safest mining you can do. well ltc is very low ($1.65 usd? ) I am not sure it will drop more . The problem with it is what gear can mine it at a profit? lets say you have a 90 mh machine using 750 watts It makes 1.75 a day. The problem is does a 90 mh machine using 750 watts exist? The A2 has really been king for quite a while. The A2 came in 90, 60, 30 (and a smaller batch of closer to 100). Either way no you don't make much and ROI would be hard. The "newest" miners are 3 companies that split the chips. They are 256 MHz using around 2200 watts. So not really that much more efficient then A2's. The one that would have been to a point was the L1 that was canceled. Currently SFCARDS are working on a dual miner, that is really only miner we have a chance of ROI depending on specs that we currently don't know. Title: Re: think i found the most profitable coin sha256. Post by: mavericklm on March 30, 2015, 09:53:19 PM would you mine mydickcoin? ::)
this bullshitcoins are like miners stealing from one another... 99% is a scheme, a scam behind each bulshitcoin Title: Re: think i found the most profitable coin sha256. Post by: philipma1957 on March 30, 2015, 10:03:58 PM Yeah, OP keep in mind alt coin mining is even more risky than BTC mining simply because of the alt price trading factor. Also, while on paper for some coins it seems more profitable, the reality is... once u start mining it .. depending on the algo, diff changes can be very quick causing it to be unprofitable within minutes of mining. I remember some coins would swing in and out of profitability ever 10 minutes due to their diff algo. Meanwhile coinwarz will only show a 'snapshot' diff in time, often times fooling you to thinking diff is pegged really low =) Some people don't like this analogy. But I like to think of btc as the gold to the crypto world. And ltc as the silver. With them you won't get the swing that some of the unknown altcoins might have. But you also don't lose lots from a pump and dump (normally). If you mine BTC straight its about the safest mining you can do. well ltc is very low ($1.65 usd? ) I am not sure it will drop more . The problem with it is what gear can mine it at a profit? lets say you have a 90 mh machine using 750 watts It makes 1.75 a day. The problem is does a 90 mh machine using 750 watts exist? The A2 has really been king for quite a while. The A2 came in 90, 60, 30 (and a smaller batch of closer to 100). Either way no you don't make much and ROI would be hard. The "newest" miners are 3 companies that split the chips. They are 256 MHz using around 2200 watts. So not really that much more efficient then A2's. The one that would have been to a point was the L1 that was canceled. Currently SFCARDS are working on a dual miner, that is really only miner we have a chance of ROI depending on specs that we currently don't know. but the price dropped out and I was crushed. I stopped thinking of ltc as silver and btc as gold a long time ago. Title: Re: think i found the most profitable coin sha256. Post by: goosoodude on March 30, 2015, 11:47:43 PM those obscured coins can always reveal some surprise, mine it until the diff is low, and then leave it, sell fast because those coins die fast, they are just P&D fest They have been there for sometime, nothing new. Recently it has become more and more difficult to profit off them as everyone is becoming smarter. Title: Re: think i found the most profitable coin sha256. Post by: moko666 on March 31, 2015, 05:36:28 PM if a coin doesn't have decent trading volume then its not worth mining
Title: Re: think i found the most profitable coin sha256. Post by: RAXS on March 31, 2015, 11:10:16 PM Anal Coin?!
This is beyond ridiculous... Are we suppose to take this seriously? Title: Re: think i found the most profitable coin sha256. Post by: sidehack on April 01, 2015, 04:39:56 AM those obscured coins can always reveal some surprise, mine it until the diff is low, and then leave it, sell fast because those coins die fast, they are just P&D fest They have been there for sometime, nothing new. Recently it has become more and more difficult to profit off them as everyone is becoming smarter. About effing time. Alts have been a joke for years. Title: Re: think i found the most profitable coin sha256. Post by: philipma1957 on April 07, 2015, 12:49:50 PM Anal Coin?! This is beyond ridiculous... Are we suppose to take this seriously? Anal Coin = Shit coin alt coins are basically shit coins |