Bitcoin Forum

Is there any website that allows to compare the profitability of all or almost all the alt coins? What to mine miss many.

No.

I am using mycryptobuddy but it is limited for coin compare , whattomine better http://www.mycryptobuddy.com/

Unfortunately, no there is not. The API requirements and overhead to manage a site like that makes it a difficult value proposition.

While this seems unfortunate at first glance, it is actually a blessing in disguise. I’ve personally found that coins not listed on whattomine or similar sites are more profitable than the ones listed. Then when they are listen, the profitability balances out with the market. This does require more research and overhead, but can be an edge if you know how to leverage it.

Thanks for the replies guys.

I was wondering how to catch the "right" coin to mine with good profit.

Well, that's an interesting thought. Do these coin have enough liquidity to actually be able to sell them?

It depends on how early it is and how much hashpower you have. In some cases yes, some no. That’s the math you have to figure out on a case-by-case basis. However, I generally hold onto coins like that for at least 3 months waiting for knowledge of them to increase.

I have used this strategy myself numerous times, but it is always more like gambling when the coins are not featured on the profitability sites. All coin mining is somewhat a gamble anyway, but these new coins can go either way.

So while you can sometimes find a new coin and get on-board before the public and catch a rising star early by mining lots of coins, you can also end up with wallets full of dead coins. For the most part, once a coin gets delisted from an exchange its effective life is pretty much over, especially if it was only listed on one exchange to begin with. So keep this in mind when selecting new coins to mine, especially before they have even hit one exchange.

Do you have specific sources of information, do you check ICO, how do you go about finding these?

https://www.crypto-coinz.net/crypto-calculator/

Try this one, although it gives a bit "optimistic" results. Excellent site if you`re after new and less known coins.

meanwhile you can mine dero.
If you need daily profits whattomine is good or you can search for alt ann section of new coins.
research you coin first and read carefully the details about it.believe and hodl it.
I used to mine sumo but i switched to dero after they published the future code.
if you are looking for new blockchain and more than just fork of old coin go to dero.
 DERO: Privacy + Smart Contracts + Lightning Fast Transactions, like monero + ethereum
https://bitcointalk.org/index.php?topic=2525508 (https://bitcointalk.org/index.php?topic=2525508)

you can use cpus too to mine dero.

Thanks guys, I really appreciate you sharing your knowledge.