Bitcoin Forum

Other => Beginners & Help => Topic started by: Blue_oxen on April 22, 2013, 02:20:58 AM



Title: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: Blue_oxen on April 22, 2013, 02:20:58 AM
Would it be worth mining any of the low end altcoins to start a little stockpile, or would I just be better off sticking with LTC?


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: Yurizhai on April 22, 2013, 02:30:35 AM
Depends on the future. I'm sure one of the random coins will make more profit at times throughout the year.

Until then try this.

http://dustcoin.com/mining


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: Blue_oxen on April 22, 2013, 02:35:58 AM
I am mining Freicoin right now but cointron is giving me some problems when it is showing i'm mining its only showing im pulling about 25% of the hashes I am actually sending.... I think I might switch over to feather coins for a couple of days just because of all the hype. 


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: Yurizhai on April 22, 2013, 02:37:56 AM
If you aren't getting HW ( Hardware Errors ) I wouldn't pay too much attention to the coinotron hash rate. Half the time I check it it's 25%-50% of my rate, other times it's 100-150% of my rate, I think it gets your real rate over time it just doesn't keep up well.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: hl5460 on April 22, 2013, 02:41:39 AM
Depends on the future. I'm sure one of the random coins will make more profit at times throughout the year.

Until then try this.

http://dustcoin.com/mining

Thanks bro. looks like PPC got the third place.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: anderl on April 22, 2013, 02:44:39 AM
Depends on the future. I'm sure one of the random coins will make more profit at times throughout the year.

Until then try this.

http://dustcoin.com/mining

There will always be an arbitrage between the currencies that will provide some miners an opportunity to squeeze some profit.  As difficulty increases and more miners appear the profit margins will get tighter and these small percentage differences will be all that is left for profits.  Its like what happens in the big exchanges.  First it was program trading, then high frequency trading for fractions of a fraction of a penny.  Only the big traders will be able to turn that profit.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: Blue_oxen on April 22, 2013, 02:45:31 AM
PPC looks interesting to me also. I think it has some potential.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: ltbtdk on April 22, 2013, 02:48:34 AM


There will always be an arbitrage between the currencies that will provide some miners an opportunity to squeeze some profit.  As difficulty increases and more miners appear the profit margins will get tighter and these small percentage differences will be all that is left for profits.  Its like what happens in the big exchanges.  First it was program trading, then high frequency trading for fractions of a fraction of a penny.  Only the big traders will be able to turn that profit.
[/quote]

I agree entirely. I did forex for a while for fun and even doing 100:1 leverage it is still hard to turn much of a profit without a huge nest egg. I fear asic mining will bring that to BTC relatively soon.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: anderl on April 22, 2013, 03:07:00 AM
Quote


There will always be an arbitrage between the currencies that will provide some miners an opportunity to squeeze some profit.  As difficulty increases and more miners appear the profit margins will get tighter and these small percentage differences will be all that is left for profits.  Its like what happens in the big exchanges.  First it was program trading, then high frequency trading for fractions of a fraction of a penny.  Only the big traders will be able to turn that profit.

I agree entirely. I did forex for a while for fun and even doing 100:1 leverage it is still hard to turn much of a profit without a huge nest egg. I fear asic mining will bring that to BTC relatively soon.

i did forex for a while too about 5 - 7 years ago.  never went 100:1  I was alway 20:1 and was a dividend hunter.  played the NZD/JPY JPY/USD for the cashflow before the housing market collapsed and everything went to hell.  I never liked the daytrading aspect.

But I'm seeing this as a ground floor opportunity.  Cryptocurrencies smells a lot like the late 80s early 90s of daytrading when people ran trading pools and were quitting their jobs to daytrade for a living.  When you see the first how to main bitcoins for dummies book it is time to get out.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: xgc on April 22, 2013, 03:33:12 AM
I mine BTC right now because it support stratum (so do others)
But I have a couple machines now mining PPC.  I kinda like this one.  I like the methods behind it.
I would be interested in LTC if it was still mainly mined using CPU instead of GPU.  But who knows in the near future.


Title: Re: Feather Coin, PPC, DVC, TRC, FRC Are any of the low alt coins worth mining?
Post by: Nelluellu on April 22, 2013, 04:32:56 AM
http://dustcoin.com/mining

Thanks for this site!