Bitcoin Forum

I have been going nuts trying to decide what to mine, and have ended up splitting my mining resources between like 6 different coins on two computers, which is ridiculous and inefficient. I am looking for a coin to get behind and mine non-stop for the next few months or longer. Would prefer a "newer" coin, so leaning away from LTC... Here is what I'm trying to decide between ATM:

- BTB
- FTC
- CNC
- PPC
- MNC?
- TRC?

Anyone have a convincing reason to pick a certain one?

None of them. Stick with LTC.

I think it is good to diversify. Don't pick just one. The coins on your list seem like a good start to me, so why not mine all of them?

LTC :D

ripple

Thinking of CNC.

At some point it's not diversification anymore. With everyone dropping their own alt coin right now it's impossible to say what is actually a viable alt currency and what is just a pump and dump scam.

LTC as a backup/main coin, couple of days of mining of all the others if/when their difficulty is low

Best: pick a coin that is brand new. Timing can be tough on this one - you'll have to live on the message boards.

2nd Best: pick a coin that is currently unpopular and has a low hash rate.

3rd Best: pick a coin with a block reward that is dropping over time (such as PPC)

An anecdote: back when PPC first came out, I bought a bit over 100k for around 10BTC, about $100 total at the time. Eventually I decided to sell the off for about 16 BTC and patted myself on the back at the time. Then they hit the exchanges and would now be worth 250+ BTC, well over $25k.

Since you can't know the future, your best bet is to collect a small stake in any coin that you can get your hands on, cross your fingers, and wait.  

JKC

Go with LTC. If you want to do more than 1 coin, then use LTC as main, and do FTC on the side.

llc

I mean LTC

I generally watch coinchoose.com and mine the most profitable which is LTC atm. But it had been CNC leading up to it being added on btc-e.

LTC is my choice of ALT coin, though I do mine the others at the moment to convert into BTC and LTC

I've looked at them all, nothing really stands out.  But then again, BTC didn't stand out to me either.

A lot of them seem silly though, wasn't one of them set so that the difficulty never goes up, and the reward is always the same?  What happens when we get a new block every second?

I will be keeping an eye out though, spread my BTC around a little bit just in case something new comes and takes over.  I see BTC here for a long time though, since it has a big head start.

Terracoin. Very similar to Bitcoin, but with faster confirmation. Also currently its twice as profitable to mine. Also if you have a Bitcoin service or website, you could just change one line of code to have it work with Terracoin too.
Honestly though you should diversify. I have every major altcoin, even if its just a little bit.

Also the next two people who say TRC also give me an terracoin address too so I can send some to you.  ;)

I think the market is going to be full of these alt-coin chains for a while. But i have no idea why anyone starts up a SHA256 coin....anyone points an asisc at those and it screws it all up.

Been wondering the same thing! Mining cnc for the moment. Sqitching out my nvidia for 7970 tomorrow. Might do terracoin then ;) 1HJVLr42eu8iQwipwuVaZMFyZKPDwRmMny
Looks to have a decent community behind it.

http://terracoin.org/support/ this site might be good worth following and see what happens

edit: FTC aswell http://feathercoin.co/

LTC

Sent you some Terracoin. Enjoy!
Transaction ID: 7fd1bbc752ab42c5d0cdbca2e2f18e439985ed4a26b6a1ef303f44cf4bb54838

there is also JKC, and RUC

LTC

yacoin (?)

One alt coin to rule them all!  LTC

Namecoin seems the best as it actually does something different/useful.

Thanks man <3 Starting to get a couple coins total now- :D This is fun!

LTC in the short term.

The other SHA256 currencies are too volatile with fairly low hashrates and ASIC devices coming that can manipulate difficulties easily.

Just look at the number of coins created to see the first indication of potential. I used to have TRC and now I hold MNC.
There are 336 million FTC, 462 million CNC, but only 10 million MNC. For now they're all traded at pretty much the same price though. I think the hype of FTC and CNC is over and I hope MNC will take off.

yes)

LTC

+1

The only one, besides Bitcoin itself, worth looking at... 

unless you are only into cryptocurrencies as some kind of get-rich-quick scheme...
in which case go ahead and play with your pump-n-dump coins; clone coins;
ponzi coins; scam coins; I-am-jealous-that-I-missed-the-early-adopter-stage coins... 

~~

I like LTC and even though it is 99% the same as Bitcoin it is different enough
for me ( especially since my views are based on wishful thinking and not on actual
facts )...  it is magnitubes more secure than Bitcoin... I mean one can never be secure
enough right? I also use 100000 character passwords because they are magnitubes more
secure than 30 character passwords...  and there are no asics for scrypt coins... YET...
but when they come about we will just create moar clone coins that anyone can mine
with their toasters...

But wait... I missed the boat on LTC too... lets start a new one now that I am ready to
buy the latest one to get rich!!!

Hey!!!

Why don't we ( "we" meaning someone else ) create a new coin that is fair to everybody
( "everybody" meaning just me )??

Because it is so unfair for someone to create a new global payment system without
consulting me first!  ...  Well actually I did hear about it months ago but I didn't understand it,
and couldn't be bothered to learns nuthing about it, and so, of course, just assumed it was a scam...
it is so unfair that someone didn't tell me that it would be worth as much as it is right now! 

Someone else told me that it was legit but still risky as an investment...  So Unfair!!   
Why should I take a risk on something new???  Why can't someone create a new coin for me
that isn't risky and will make me rich beyond belief???  Why should I have to participate myself
to help improve things for the whole community? 

Why doesn't someone give me something for free and wipe my butt for me while they are at it???

Life is so god damned UNFAIR!!!   I want my MOMMY!!!    :'(

     >:(

I would go with LTC although i've been looking at TRC also.

I think LTC is the next original, everyone else is just trying to copy them really. Taking asic out of the equation makes their model work and worth while but I think it's really only going to work for them.

What are the advantages of LTC over the others? A lot of votes for it while nice doesn't provide much food for thought.

LTC!

It's got what alt-coiners crave. It's got electrolytes!



https://www.youtube.com/watch?v=e1fKzw05Q5A

   :P

 Litecoin ftw!

Definitely LTC for now. MTGox are about to add Litecoin to their exchange really soon.... maybe this week.....

I support and apply this as well :)

 FTC!

Right now, I would definitly say Feathercoin, is that because im heavily invested in it? Yes.. Is it a good coin? as good as the rest.

CNC and FTC

CNC

I'd go for LTC or PPC  :)

At some point it's not diversification anymore. With everyone dropping their own alt coin right now it's impossible to say what is actually a viable alt currency and what is just a pump and dump scam.

Go with LTC. If you want to do more than 1 coin, then use LTC as main, and do FTC on the side.

Why pick 1 when you can spread your investment : )

I think cnc will do very well, its got fast confirm times