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Title: New To Mining, Pool/Coin Recommendations ? Post by: RidgyDidge on December 13, 2015, 03:16:03 AM Hi all,
Long time cryptocurrency speculator here thats finally signed up to Bitcointalk and taking the dive into mining :) I have acquired some Scrypt mining hardware (a few Gridseeds and a Zeusminer X3) that I finally worked out how to operate. Should I mine newly launched Scrypt altcoins, litecoin or multipool mine ? Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: dodgrad on December 13, 2015, 08:46:30 AM Multipool could be a good choice. You can also rent out your rigs. The best mining rig rent site is NiceHash.
Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: DavieT1337 on December 13, 2015, 09:11:20 AM Dogecoin and Titcoin! Incoming value to the Moon! ::)
regards DavieT1337 Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: tittiecoiner on December 13, 2015, 02:38:53 PM Should I mine newly launched Scrypt altcoins, litecoin or multipool mine ? Depends on your intention. Only for profit? Go with Multipool and check the current profitability http://poolpicker.eu/table?algo=scryptExpect a price explosion of certain coins? Do some research and get a good amount, hold it and sell at a price you are comfortable with. You want to support a coin you like, profit is not so important? Mine this coin. Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: tittiecoiner on December 13, 2015, 02:39:09 PM Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: unsoindovo on December 13, 2015, 03:30:00 PM Dogecoin and Titcoin! Incoming value to the Moon! ::) regards DavieT1337 hu... why???? some new news?? tell us!!! Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: Beraturker on December 13, 2015, 05:30:44 PM Which coin?
Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: dodgrad on February 15, 2016, 08:35:05 AM Which coin? You can mine Ethereum coin now. It is very profitable. Its value is just being recognized. The price could rise in the future. Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: Greenenergy on February 15, 2016, 04:46:52 PM Which coin? You can mine Ethereum coin now. It is very profitable. Its value is just being recognized. The price could rise in the future. I would not recommend him that option. The difficulty is rising fast, and he might never get his investment back if the price drop of just a few mBTC. Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: dodgrad on March 27, 2016, 12:17:20 PM Which coin? You can mine Ethereum coin now. It is very profitable. Its value is just being recognized. The price could rise in the future. I would not recommend him that option. The difficulty is rising fast, and he might never get his investment back if the price drop of just a few mBTC. It is still profitable to mine Ethereum. But I do not know how long that will last. The difficulty is rising fast. Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: Greenenergy on March 27, 2016, 01:07:49 PM Which coin? You can mine Ethereum coin now. It is very profitable. Its value is just being recognized. The price could rise in the future. I would not recommend him that option. The difficulty is rising fast, and he might never get his investment back if the price drop of just a few mBTC. It is still profitable to mine Ethereum. But I do not know how long that will last. The difficulty is rising fast. Even if that's still profitable to mine it, buying graphic cards only for this purpose might not be a good idea. But after all, there's still other coins to mine. Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: RidgyDidge on March 28, 2016, 03:39:22 PM I heard that CPU coins are making a revival now that down-payments are/have been put on X Series ASIC Hardware...
GPU miners will need a new algorithm when that happens thus making way for the CPU only algorithms. Title: Re: New To Mining, Pool/Coin Recommendations ? Post by: Greenenergy on March 28, 2016, 03:42:31 PM I heard that CPU coins are making a revival now that down-payments are/have been put on X Series ASIC Hardware... GPU miners will need a new algorithm when that happens thus making way for the CPU only algorithms. I don't know where you heard that, but that might be true. Since I'm not a user of any CPU-mined coin, I could even not give you one name, so that can explain that I'm not aware of this. |