Bitcoin Forum

Just getting into mining and currently I'm on wemineltc because I think it's a safe bet, any recommendations on what alts to pay attention to?

couiny west

In addition to the OP question...    I'm new to all of this and ordered a Antminer.  Are there any other coins besides Bitcoin that can be used with the Antminer that would be worth mining or am I only going to be able to mine btc?


a little background

I'm currently only doing ltc but am only able to get 100Kh/s at maximum (mac).  Since this is taking up most of my machine power when not in use I won't have the resources to run a virtual machine so I'm hoping to get a Pi and use the Antminer with it.  That way it's always running and I still have resources elsewhere for ltc mining.  I'm in this for a hobby and not to get rich.  That train has already departed. :)

I'm guessing you can also mine those SHA-256 coins ... Please correct me if I'm wrong!

Lensgrabber, Antminers are tuned to do SHA-256 calculations, which is the Bitcoin algorithm. A few other coins to this as well, but not Litecoin or most of the new coins. Are you saying you can get the Antminer to do 100kh/s on LiteCoin? That's pretty good, altho it depends on which one you're talking about. Are you talking about the basic USB one which retails for around $70? Or the upper end ones which go for around $8,000?

what about doge?

I heard I'm late to the party  ??? ???

Can you give us some more information, what kind of mining hardware do you have? Are you focussing on GPU or CPU mining or building a grid?

Besides mining "proven" coins, you can also try to mine an unknown coin, for example "Noble coin" which is still pretty easy to mine.

If you're new, try mining on one of the profit switching pools.  I use middlecoin as a failover, you won't make the most on it but it seems to be the most stable.

If you have invested in an expensive mining rig, I would suggest to mine bitcoin until your ROI equals your breakeven period. After that, other cryptocurrencies like peercoin are very interesting to keep an eye on and might be worth the switch.

if i was you id mine doge

I have 9 GPUs (8 270x and a 7950) that give out 4.2MHz total, currently mining LTC, and sometimes switching to RPC but I think difficulty is too high to be more profitable than LTC

Doge lost value, sadly.
The new overly hyped copypasta coins are the real place for short-term profit...which is probably a good thing.

I'm trying the new pump'n'dump - coinye  ::)

Dogecoin, what else?

just keep an eye here...Bitcoin Forum > Other > Alternate cryptocurrencies > Announcements (Altcoins)
and wait for something good to pop up.

NXT ofc

doge for life

Until today I checked http://www.coinwarz.com daily, and picked a top 10 alt coin with a good 14 day average profit ratio. I also traded the mined coins for BTC daily.
Today I started to use the http://middlecoin.com auto-switching and auto-trading pool as a test.
If the middlecoin website is accurate about my earnings until now, then it's probably less efficient than my first/manual system.

Because CoinyeCoin is still very new and has a lot of attention I suggest to mine CoinyeCoin, we'll just have to wait till we can exchange it, but there can be a lot of potential in this coin because of it being in the news already before launch.

Newbie here but been mining 700k Dogecoin @ 2700Khs already but never found a block  :-\

No this is running asteroid (cgminer) on two macs, both combined.  The Antminer isn't here yet.  Should be here Friday.

Still waiting on a scrypt asic that is actually affordable. 

CoinyeCoin is friggin hilarious.  That will certainly be in the news more and more as Kanye becomes more and more pissed.  haha

Coinye and doge, and after that? there's alwayes the "main" coins.

Coinye was the first coin release chaos I was a part of & I gotta say it was a pure geeked out adrenaline rush! The official pool got pulled, scrambling to setup mining pools & switching all over my remote computers to configure cgminer, lolx!
Making money aside, this is a new addiction!
I would have made WAY more than the 300,000 coye I snaghed if only I'd set worker names properly NOOB FAIL!

So for the next coin release you plan on being a part of, setup as many pools as you possibly can without your brain exploding, DOUBLE CHECK everything & prepare for a lagtascular, syrupy, finger numbing explosion of 30 min to 2 hours of adrenaline (& diet coke) fueled fun! Happy mining!

For coinye last nite, coye.minersbest.com came thru for me! Mad love to those guys!

Coinye is the shiz,

Though that was the first coin I've mined so I don't have a system that is optimized for mining.  I ended up just using CPUMiner because i've got an Nvidia GTX 650TI and the CPUMiner was really easy to set up and run.

Check out "CUDA miner", works great for nvidia cards with minimal setup, all u really have to know is how to make a .bat file to enter your settings (boy do i miss the DOS days, Intel 486DX4 100mhz FTW!)

Did you get any coinye w your CPU? I just dismissed CPU mining thinking it was a waste of time!?!

I suggest you start mining gridcoin. They have great future potential and a really innovative dev and community.

Buy and dont forget to hold.

I'd suggest going with some of the newer coins picked up by more stable pools. iSpace is pretty stable, and standard interface so its pretty easy to set up once you have registered, configured your workers, and added your mining address. The 'Getting Started' link on the dashboard menu gives you sample cgminer code. My tips at the moment would be for florincoin (you can add data to the blockchain), deutsche emark (its just popular, although there are going to be a lot of coins), Chococoin (I think this might gain a large following pretty soon), and unobtanium (its one of the rarest coins, no premine). http://ccc.ispace.co.uk/ (http://ccc.ispace.co.uk/)