Bitcoin Forum

Hello,

I used to mine different scrypt coins, but then the asic miners came and I stopped. I tried to search for asic-resistant coins which i could mine with gpu's but no success. Any suggestions?

Thanks

Presuming you where mining those scrypt coins with GPU's you might wanna give ethereum a looksee.  It uses ethash which is likely to remain asic resistant for sometime to come.

you can try monero which is still good with gpu with the correct miners or myabe search for some new lago in the correct sub altcoin forum
there is also burst that can be mined wiuth hard disk, plenty of choise out there, but the profit is not so great

I am fairly new to this and I have to ask, what are asic-resistant coins?  I am currently mining BCN and I am becoming a little successful, but not far.  I am currently mining with 8 cores on 3 different computers and it seems I am making some, but not much, only around 100,000 in the past month.  Is what I am doing worth it?

its only worth it, if theres an exchange that you can trade to and theres more the 2 exchanges..  

I have been reading on this and I would like to know how do I find an exchange for certain coins?  I noticed on some of the exchanges, they only exchange certain coins.  Can someone shed some light on this for me.

You can mine ethereum and expanse it is asic resistant.

I propose to stop mining because it's really a short time income.

I agree that is it is only a short time income, but if you are making profit on it, you might as well make money with it while you can.  If you are given a room full of pennies on the floor and told you can have them all but you can only pick up one at a time to place it in the bucket and you have a robot that can do this for you for 1 cent for every 3 he picks up, why not make the extra 2 cents for working him.

Ethereum is the most profitalbe coin to mine at present. It is more profitable than most other coins.

Basically, any coin that uses an algorithm for which there is no ASICs yet, is asic-resistant.
Some algorithms are made specifically in a way that makes building ASICs for them very hard/costly.
There's ASICs for SHA256 and Scrypt. And rumors circulating about X11...
Don't even try mining an ASIC'ed algo with a CPU/GPU, you'd just be burning money.

Any other algorithm, and you have a fighting chance.

Thank you for helping me understand that.  Now if I could only figure out how to tell if I have a GPU in my computer and how to use it for mining, I would be great!!  I am looking further into this, so any assistance you or anyone could help me with, would be great.  Thank you.

basicly how relationship between algos? example 100kh scrypt gpu may mine with 1mh x11 or may mine with 1gh sha256

whats their approx. multiplier?

Ethereum based coins is most ASIC resistant. A 280X can mine at around 23MH/s. We can mine Ethereum for about a year.

https://www.whattomine.com/ have a look here
"Profitability
Current | 24h
3 days | 7 days"

If you are also interested in CPU mining check out coin MAGI; its most important feature is that it should stay ASIC resistant and mined by CPU.

Most coins are not profitable if you have to pay electricity. If you really want to mine, then Ethereum could be the more "profitable" one.

Well, even if you get good deals on used 280x and 7950's you still wont ROI at all... Save your time and go collecting bottles instead, that would actually be higher pay per hour ;)

Sorry if I sound negative but that is the sad reality of it. Now for people who just want to learn it does not matter that much what gpu you get your hands on, all amd from 7950 and later can mine all gpu coins but nvidia starting from 750ti can mine more power efficiently, bear in mind choice are limited then and if those coins dies then you are out of luck, amd might be safer choice then.

what sould i mine with renting rigs? i made some calculations and no way to make profit

Bitcoin Mining may be profitable these days because of bitcoin price but it needs low electricity rates too.

https://bitcointalk.org/index.php?topic=1288050.20 brightcoin still low difficulty, asics wont touch it until it hits exchanges difficulty is 0.00029

What are you using to mine? If you are actually using a gpu to mine, if recommend not to mine at all. The days of GPU mining are over.

If you have multiple terrahash however, id recommend sticking with bitcoin, unless you really trust this altcoin you're mining. There are many Malware coins out there nowadays, out to steal your bitcoin.

The best coin to mine is ethereum, but the difficulty has risen a lot. It is less profitable to mine now.

I always check coinwarz

Their altcoin calculator (non SHA+266) is the best:
http://www.coinwarz.com/

Make sure to check the volume of the coin. Mining millions of coin X, without coin X having volume will give you a big loss, since you can't sell them.

Another tip will be to check if the coin is listed on your favorite altcoin exchange. I for one never mine a con not listed on poloniex, bittrex and c-cex.

What to mine other than Ethereum?

How much can l get from 7950 mining monero/24h_?
Approximately, i'm just thinking to try to mine it..

For 7950, it is about 430H/s. So the daily earning is about $0.16.

You can do the calculation:

http://dwarfpool.com/xmr/calc

To be honest you can create more by using your signature.
Better use that good card for games. :D

If you looking just for BTC payouts mine in a multipool that automatically switches to most profitable coin and mines that.

If your looking to hold a coin in the hope one day it will be worth more in the future it is a different story. Research is required, suggestions are good, but only as good as an educated guess - or worse people looking to pump and dump.

There are a lot of good suggestions in forums and bad ones too.

You can mine Ethereum. It is the most profitable coin at the moment. But it might not be wise to buy graphics card to mine it.

You can mine Ethereum. But the mining set up process is more difficult than the old scrypt or x11 coins.

Ethereum is best to mine for the time being. Its price has risen a lot in the last month. More rise could come.

If your electricity price is lower than $0.15/kWh, it is fine to mine Ethereum now. But do not buy rigs to mine.

The difficulty is rising fast at the moment, if you build a rig now and the price drops, you might not ROI.

I recommend downloading the nicehash miner and letting it run for a while, then see what algo makes you the most money, then mine a coin with that algo or keep selling hashpower on nicehash or another site :)

This is a good idea to mine there. The most profitable coin there is probably X11, but it has ASIC now.

Has anybody seen the X11 ASIC? The difficulty is still around 3500 for Dash. I doubt it exists.

You can mine Decred. The profitability is similar to that of Ethereum.

Somebody has received the units. It is reported in the forum. Cryptomining blog also reported the units.

The Ethereum is still the best to mine, even though the price has dropped 40%. But the difficulty is also rising fast.

The Ethereum was the best to mine, but its price has drop, and the difficulty has risen. The feather coin is best to mine now.

The feather coin price dropped. It is not the best to mine now. It is better to mine Ethereum. but it might not last long.

Just don't mine... Mining altcoins is hard work, and sometimes not even profitable. Invest your BTC somewhere else instead.

Also you've gotta consider the risk of the altcoin failing, the price falling like shit, and premines. These risks I don't think I personally want to take.

it's not hard you just mine etheruem and that's it, it's very profitable still delivering easy btc with mining, investing is more gamble, where mining is a steady form of income, i prefer mining

If you have spare computing power or the spare graphics cards, you can mine it. Do not buy new ones.

For the Ethereum mining, the difficulty is rising too fast, so mine when it is profitable. It might not last long.

If the Ethereum price rise again, it will be profitable again. But you will mine fewer Eth after the difficulty rise.

My mining operation will not be profitable in 3- 4 months. That is due to the difficulty rising too fast.

The difficulty was lower in the last few days, but it is rising again. If it is as fast as in the last few months, no home mining for many people.

正在学习中

It has already started rising again. I think the drop was caused by big farms changing some settings.

The difficulty is 49.2T, that is another all time high. I see the miners are very confident on the Ethereum.

I'm also interested in starting to mine some altcoins. I have some GPUs (radeon) but I don't actually know what to mine...
So, at this point what are the best coins to mine?

At this point, the Ethereum is the best (most profitable) coin to mine. You have a choice many many miners.

The Etheruem price has dropped a lot recently. It is not the most profitable now. The neoscrypt is the best.

Check out this post. How to establish the best coin to mine in 2016

http://litecoinsblog.com/coins-mine-2016/

You cannot see a coin that is only moving to a positive direction, all have their bad and good times but if you believe it is a good potential in the future then you should mine and keep it. By the way, ether is already back on its good price now.

For most miners, they have to sell around 30-50% of the Ethereum to cover their electricity cost. So there are strong buys to support the price.

There are  a few new alt coins that pop up every now and then, which run on different algos so GPU miners stand a chance. Check out the ANN forum to see.

No altcoin is worthy enough to mine yet except for the ethereum, specially with the graphics card. If you try to mine any other altcoin, you'll make some loss or if you get some profit, it'd be half of what ethereum would provide (I've tried many alts other than ethereum).

If you have a few GH/s mining hash power for the ethereum, and you move your rigs to the altcoin, you can easily 51% attack that.