Bitcoin Forum

Which altcoin mining is profitable. Zcash has the highest value after Bitcoin when I look at Poloniex site.
How do you decide which you do altcoins?

You have a rig or you deciding to get one. If GPU then either Zcash or ETH

Profitability of altcoins change all the time. Go to some mining calculator, enter your details and see what is most profitable at the moment and that is what you should mine. Now there are only three viable options, Ethereum, Monero and Zcash.

Already when we sort the altcoins according to their prices they come out as an alternative.
So how can we predict which altcoin will increase in price.

There will be always someone rising and someone dropping. From that perspective it's good to mine with Scrypt ASIC as it can mine 100 and 1 shitcoin. Instead of only 4 coins (GPU) or SHA256 (Bitcoin + some usless crap coins.)

Most of coins that are mineabe with script ASIC miners are highly centralized. It's hard to get Scrypt ASIC miner and they are very expensive so developers almost always control majority of coins and manipulate prices

Yup they are expensive but for simple people point of wiew - nobody cares who controls what coins. it's either you can make profit or can''t.

The easiest way is download nice hash miner, it comes with an integrated benchmark tool.
It will calculate your hashrate on almost every kind of algorithm and it will automatically run the most profitable.

Eventually, if you do not like nice hash you can use the benchmark and then download the specific miner and use your favourite pool

Answer is really Simple ! You can not predict which coins will increase in price in short term . Week ago bitcoin was close to 1200$ , now is worth 828$ , 4 months ago ETH was over 14$ , now is under 10$ , but went down under 7$ in the past months , zcash was crazy high after it started ,over 1000$ , now is around 40-50$ ...XMR was around 5$ , then is jumped up to 18$ , then back to 10-11$ as of now ...

So the prices of all the coins including Bitcoin are unpredictable? Do not you have a certain criterion when choosing altcoin?
So which of the altcoins that the majority chose is that we should choose it?

Which hash miner do you recommend to download?

Nicehash miner is the name :)
You can directly download the miner from the link below:
https://www.nicehash.com/index.jsp?p=gstarted#seller

I think you have a right answer. Zec is profitable for your mining. it will be possible in mining DASH, ETH...
the important thing is diff and amount of miners join the pool . it also helps us more profitable when choosing altcoin for mining.

Maybe you try ETH+SIA? it turns a more profitable

Yes :) Nicehash miner is the name
I thought Nicehash was a mining software type :)

I studied the NiceHash system. The cloud is like mining. I prefer mining on my own devices instead of cloud mining.

For now the most logical method is to follow popular altcoins from exchange sites and to mining for these altcoins.

Yes. But you don't have to mine there.

They have benchmark too which also calcs most profitable algo for your hardware. Just run it and see. Don't have to mine with that tool.