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Title: SO MANY altcoins Post by: RichardCMongler on December 20, 2013, 10:46:10 PM There are so many different altcoins. Are any of them investing in? Which is most profitable to mine?
Title: Re: SO MANY altcoins Post by: Anon136 on December 20, 2013, 10:48:31 PM yes but im not going to tell you which one because i havnt finished establishing my position yet ;D
Title: Re: SO MANY altcoins Post by: raspcoin on December 20, 2013, 10:49:04 PM Profitability depends on how long you are willing to wait and what you mine with.
Title: Re: SO MANY altcoins Post by: RichardCMongler on December 20, 2013, 11:21:22 PM Profitability depends on how long you are willing to wait and what you mine with. Well I don't just want an answer to myself... it's good to talk about these things. Let's say time frames are 1 month, 6 months, 1 year, and mining hardware are either GPUs (Radeon R9 290X x1) or SHA256-capable ASIC miners. Let's assume 700MH/s for the first and 4GH/s for the second. Since I don't expect a straightforward answer right off the bat, how would one go about calculating profitability under these scenarios?Title: Re: SO MANY altcoins Post by: Scooby903 on December 20, 2013, 11:22:09 PM Profitability depends on how long you are willing to wait and what you mine with. Well I don't just want an answer to myself... it's good to talk about these things. Let's say time frames are 1 month, 6 months, 1 year, and mining hardware are either GPUs (Radeon R9 290X x1) or SHA256-capable ASIC miners. Let's assume 700MH/s for the first and 4GH/s for the second. Since I don't expect a straightforward answer right off the bat, how would one go about calculating profitability under these scenarios?www.coinwarz.com Title: Re: SO MANY altcoins Post by: RichardCMongler on December 20, 2013, 11:27:28 PM Profitability depends on how long you are willing to wait and what you mine with. Well I don't just want an answer to myself... it's good to talk about these things. Let's say time frames are 1 month, 6 months, 1 year, and mining hardware are either GPUs (Radeon R9 290X x1) or SHA256-capable ASIC miners. Let's assume 700MH/s for the first and 4GH/s for the second. Since I don't expect a straightforward answer right off the bat, how would one go about calculating profitability under these scenarios?www.coinwarz.com Excellent! Thank you! |