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Other => Beginners & Help => Topic started by: PalmerEdlrich on May 26, 2013, 03:36:35 PM



Title: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 26, 2013, 03:36:35 PM
I've been noob trolling the forum while I can't post I've downloaded a fair few clients , I only have about 3m# and as we all know power isn't getting any cheaper .

So I'm coming from the point of long term return .

Thing that effect that is how many units are floating around and who got them right at the start also current diff and how many you get if a block is found .

This is what I've come up with :


 - BBQcoin

is  diff 1.035   and gives you 42 units if you find a block .

Info is hard to find about if it was premined or even what the reward was up until this diff ?
But its diff is low and seems like it would be worth having some .
Its a bit crass and spammy but fun enough that it could gain traction .

Its not currently listed on any major exchanges I can see .


Also I just found

- nibble  https://bitcointalk.org/index.php?topic=216637.0

Current diff is 3.98  it seems like it wasn't pre mined , according to the specs it had a low reward at the start .

Looking for the current reward info now ?

It has a cool logo and seems like they are taking things more seriously.

Ill def pick this up atm , and see where it goes .

Also not on any major exchanges I can see .


Also

- Novacoin seems to be consistent .
https://bitcointalk.org/index.php?topic=143221.0

Diff is 179  and reward is fairly lower at 11 but its currently on btc- e exchange and seems to have a solid price .

People claim it was premined but , if you look into it they were deleted according to block .

Will probably buy some perhaps mine a few and see how it goes .



The rest as far as I can see are scams in the sense that a few people loaded up with them and are trying to get you to drive the price up so they can offload .

If I'm wrong please reply !

Some info I got from coinchoose.com

Some from just the forum .


Title: Re: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 26, 2013, 04:38:58 PM
Adding more as I find them happy for suggestions !


Title: Re: what crypto to mine and buy ?
Post by: Kurcoin on May 26, 2013, 05:13:27 PM
Mining Phenixcoins will gain you much bigger profitability at the moment...


Title: Re: what crypto to mine and buy ?
Post by: mirny on May 26, 2013, 05:29:03 PM
I'm actually mining BTC, NVC, LTC and PPC
for other I'll decide later, it's good to have variuos coins, i think.


Title: Re: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 27, 2013, 09:51:16 AM
What are the specs for Phenixcoins? Can you link me ?


Title: Re: what crypto to mine and buy ?
Post by: bitcryptonit on May 27, 2013, 09:54:36 AM
can you mine ppc if you dont have already any? i heard its important to have some to mine but i dont know if it is possible while not having them at all.


Title: Re: what crypto to mine and buy ?
Post by: odin1 on May 27, 2013, 10:02:58 AM
Try litecoins, with a decent rig. Profits are actually possible!


Title: Re: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 27, 2013, 11:06:13 AM
Anyone a link to phx specs ?

Yeah but according to coinchoose ppc is sha256 I don't own an ASIC so wouldn't I just buy ?

But then won't all the ASICS keep the price low as they dump all they have,  I'd get hosed ! I come from a stock market background so I know all these tricks .

Is phx scrypt of sha256 ?


Title: Re: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 27, 2013, 11:07:18 AM
Try litecoins, with a decent rig. Profits are actually possible!

Yeah I probably will when I have enough # power maybe just set a reliable rig towards it and let it go .


Title: Re: what crypto to mine and buy ?
Post by: btcrich on May 27, 2013, 11:35:53 AM
Try litecoins, with a decent rig. Profits are actually possible!

Yeah I probably will when I have enough # power maybe just set a reliable rig towards it and let it go .

That doesn't really make sense.  Doesn't matter what your hash rate is, litecoin is still going to be your safest bet. 


Title: Re: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 27, 2013, 01:52:45 PM
[quote authPhenixcoinsor=btcrich link=topic=216743.msg2283918#msg2283918 date=1369654553]
Try litecoins, with a decent rig. Profits are actually possible!

Yeah I probably will when I have enough # power maybe just set a reliable rig towards it and let it go .

That doesn't really make sense.  Doesn't matter what your hash rate is, litecoin is still going to be your safest bet. 
[/quote]

What you said actually makes no sense , why is ltc my "safest bet" ?

You see the future ?

As for phx  I just looked it up , 1 million were pre mined ?

Fail.

I'm checking out nibble , digicoin  and nvc at the moment , nibble diff may drop soon , and it seems well supported .


Title: Re: what crypto to mine and buy ?
Post by: PalmerEdlrich on May 27, 2013, 02:06:52 PM
4 hours Sux ! Its like it dosnt click up ?


Title: Re: what crypto to mine and buy ?
Post by: Bismark on May 27, 2013, 02:20:16 PM
PXC is a very hot candidat


Title: Re: what crypto to mine and buy ?
Post by: dserrano7 on May 27, 2013, 02:42:35 PM
thanks


Title: Re: what crypto to mine and buy ?
Post by: 110110101 on May 27, 2013, 03:39:42 PM
If you have the hardware, I'd go for WDC or just plain old simple BTC.


Title: Re: what crypto to mine and buy ?
Post by: iram9098 on May 27, 2013, 03:59:48 PM
powercoin.


Title: Re: what crypto to mine and buy ?
Post by: AlexSterling on May 27, 2013, 04:36:13 PM
PXC is a candidate: https://bitcointalk.org/index.php?topic=211165.0

LKY is another: https://bitcointalk.org/index.php?topic=214614.0

These both are not on an exchange, and I don't recommend trading them on the boards as scammers are all over these two. 
Hold the coins for longer term. Highly speculative.


DGC: https://bitcointalk.org/index.php?topic=209508.0
is on cryptsy and can be sold right after mining currently decent premium over LTC.
Price is volatile but has an upward trajectory.


Title: Re: what crypto to mine and buy ?
Post by: jiffe on May 27, 2013, 06:13:54 PM
Doesn't hurt to 'instamine' the new ones if you can catch them at low difficulty, few of them out this weekend, USC, DNC and MMC today