Bitcoin Forum

Well, now that I finally got a card I can mine with (x1 7970) I came back here to see what coin I should mine and..... now that the instructions for making your own coin are out.... ALTCOINS are EVERYWHERE!! (so yah, sorry for asking :3). But my original question still remained, whats the best coin to start mining at this point? BBQcoin looks promising, or maby feathercoin? Advice is appreciated. Again i have one 7970.

If you want the noob-friendly answer without the technical reasoning:

• Make an account here: https://www.multipool.in/
• Point your miner to port 7777, it'll auto-mine the most profitable coin at the moment on that site.

Everyone will have their own loyalties toward certain coins, this is just a simple solution without getting knee-deep in the muck.

read the stickie on the top of this forum.
https://bitcointalk.org/index.php?topic=134179.0

Yes BBQ looks good right now, be aware when mining you mill most likely need to switch coins fairly regularly if you want to be super efficient.  If not just mine and hold through the bad times on your chosen coins.  Most established coins that go down generally come back up at some point.

The advice above is also good advice if you want less hassle while your learning the ropes, doing research or watching porn.

Try powercoin the difficulty is very low right now.

If you're dead set on mining one of these new coins I'd say your best bet would be to conduct your own investigation. Find something that you think is worth your time and energy.

pokemoncoin I choose you!  ::)

Well ultimately its up to you, but I would mine FTC right now, I believe its about to shoot up in value, its at a all time low right now

on my one 7970 i get about 587 kh/s - 600 kh/s. So im wondering if this would be a good idea? :? Im mining Xencoin right now (solo) for the fun of it. I've found 2 blocks.

After mining Xencoin make sure to come to PXC the coin of future in my opinion. The developers are really active and there are lots of project on standby to be released soon. so get in quick. Right now I am mining Xencoin as well  for fun.

check out this site: http://coinchoose.com/

Deciding based on coinchoose is a horrible decision, lol.   PXC is the runner up to LTC at the moment as far as I know

DGC = no brainer ...my windows xp coin lol

Deciding based on gut feeling is even a worse decision, lol :)

i like the dartboard method ..close second to the pendulum

If you don't like other coins then just ignore the comments don't guide anyone. Everyone is not a fool.

I think there are two reasons to select a alt currency - one is you believe in its fundamentals and think it is beneficial.  The second is you are looking for the bext immediate coin to min to exchange back into a more established currency (BTC / LTC).  If you are doing the later, while you still need to look a bit for yourself, using CoinChoose to help select the coin right now that is best is NOT a 'horrible idea'.  If you are looking at fundamentals - CC won't help (and isn't intended that way).  Seems to me the "ABC Coin is the best now" without saying "why", don't really add much to either coin selection path.

If that is the case. Then PXC has the most active developers in the altcoin forum and they have came here with planning of years. They completely know what they are doing and what is needed to be done. And I think  if you are looking at fundamentals then developer are the most important thing to look at. If you want to know more about PXC then you are welcomed in the Official PXC thread. Official thread is the best place get info about any coin and there are other people as well who can tell better then me.

try to get a bit of all the potential promising ones .

Too*

I recommend not to keep switching form 1 coin to the other just because they are seen as making more then others at the current time.  And also don't just jump to whatever anyone else tells you.  Take your time, and read the announcements.  Each one is different.  Find a coin that you believe the developers have a great idea or innovation.  And see if the developers come off as great people, or total jerks (There are a lot that are very high on themselves).  Then based on what you read, start mining for that coin.  Or you could stick to the safe Alt coin - LTC.  It's not going to make big waves, but it will be around for a while since it's by far the biggest Alt coin market.  With a single 7970, I don't recommend you try mining Bitcoins, as you will not make much at all, and as the ASIC miners continue to be shipped out, you will eventually be paying more in electricity bills then you will gain in what you mined.

100% agreed that do your own research. But one thing we can do is recommend you a list of coins to search for. my top three are PXC,WDC,DGC and LTC as always.

is PXC good@ .OOO16?..thanks

Yeah It is 100% alright and at that price it is still profitable to mine then BTC. I am keeping PXC for long term. So no problem for me at all.

And thats the good thing about a lot of alts - the Dev's are active. And thats good for crypto, miners, speculators, and the community as a whole.

And having choices is good. Alts also split the hash power so no-one has a monopoly and its a free for all gamble for everyone determining which coin will be the next 'bitcoin'. Maybe a few will be? Roll the dice and pick your coin  :P