Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Monberg75 on November 15, 2016, 09:13:36 AM



Title: Help needed on mining and understanding (Im New!)
Post by: Monberg75 on November 15, 2016, 09:13:36 AM
Hi.

I need some help on mining and understanding the pool's readout.

I'm currently using Claymore on the Nicehash Zcash pool, but if there's something with better profit, then I'll gladly change.

Facebook/Skype chat preffered for fast communication.

Skype: Monberg75

Hope to hear from someone.



Title: Re: Help needed on mining and understanding (Im New!)
Post by: mirny on November 16, 2016, 01:38:45 AM
Hi.

I need some help on mining and understanding the pool's readout.

I'm currently using Claymore on the Nicehash Zcash pool, but if there's something with better profit, then I'll gladly change.

Facebook/Skype chat preffered for fast communication.

Skype: Monberg75

Hope to hear from someone.



You can bet, when someone tell you in this thread, that some coin is more profitable then other, you can make sure in a day, it's whole profit gone. So don't be naive. And don't expect that someone will cut his profits just because, you're hoping, begging, or whatever...


Title: Re: Help needed on mining and understanding (Im New!)
Post by: adaseb on November 16, 2016, 02:07:26 AM
ZCASH is the most profitable right now... second place is ETH....



Title: Re: Help needed on mining and understanding (Im New!)
Post by: sirslayer on November 16, 2016, 02:14:19 AM
websites like coinwarz ans whattomine helps you on what coin to mine right now!!


Title: Re: Help needed on mining and understanding (Im New!)
Post by: Za1n on November 16, 2016, 02:51:53 AM
I would stick with Zcash for now. The last few days it has flip-flopped back and forth with Ethereum as which is most profitable at any given moment to mine, but Zcash usually comes back on top within a few hours. Sell regularly, but be watchful of the peaks and valleys on the exchanges. We will hit the maximum block reward in about 2 more weeks, after which the picture should become a little more clearer.


Title: Re: Help needed on mining and understanding (Im New!)
Post by: nwfella on November 16, 2016, 03:32:10 AM
Master Za1n speaks true.  Last block reward from nanopool was 5.62 ZEC

Block rewards will continue to increase until they reach 12.5/block and then as Za1n mentions we will see where things shake out for ZEC miners/investors.  Keep in mind, initial ZEC investors picked these bad boys up for $4.5/each and given slow initial mining distribution available coin supply is negligible which results in erratic price shifts as the order books are sparse so purchasing ZEC atm probably not the best idea (so again, agree with Za1n that most if not all should be sold asap)