Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: xberg on February 15, 2019, 02:39:02 PM



Title: Looking for an altcoin mining consultant
Post by: xberg on February 15, 2019, 02:39:02 PM
Hi,

I have a few nvidia gtx 1060 rigs that are currently not doing much and electricity at 0.13$ / kwH.
All on Linux Ubuntu.

I am looking for an altcoin mining consultant that has advice on what to mine for short term profit.

More specifically:
- what coin
- what pool and miner
- miner setup advice incl overclocking / undervolting suggestions
- expected profitability

Reward for good advice: USD 30 paid in BTC.
All advice will be kept confidential.

Contact me first with expected profitability.

Thanks


Title: Re: Looking for an altcoin mining consultant
Post by: Butterscotch Cartman on February 15, 2019, 03:02:53 PM
Your electricity cost is just too high, You won't make a profit sorry.  Better off just buying the coins.


Title: Re: Looking for an altcoin mining consultant
Post by: h311m4n on February 15, 2019, 04:00:38 PM
Hi,

I have a few nvidia gtx 1060 rigs that are currently not doing much and electricity at 0.13$ / kwH.
All on Linux Ubuntu.

I am looking for an altcoin mining consultant that has advice on what to mine for short term profit.

More specifically:
- what coin
- what pool and miner
- miner setup advice incl overclocking / undervolting suggestions
- expected profitability

Reward for good advice: USD 30 paid in BTC.
All advice will be kept confidential.

Contact me first with expected profitability.

Thanks

There are no secrets here buddy, keep those 30$.

There are various sites like whattomine that will give you information on many mineable coins. The truth is, there's no magical coin that is going to net you loads of mining profits. 2017 when you were making 4000$ a months is over, at least for now.

The only way to make a quick buck is to plow through the latest coin additions on CMC and look for those that are GPU mineable and can potentially net you a bit of profit. But this is going to require time and won't necessarily be worth it.

The only single way to make real profit at the moment is to either lower your $/kw or do what I do: mine on solar power only, if you have solar electricity available. Check the 8th altcoin thread for details on how I automated my rigs to mine when there's enough solar output if you're interested.


Title: Re: Looking for an altcoin mining consultant
Post by: adaseb on February 16, 2019, 07:46:02 AM
Basically what the above poster has said. There is no secret coin out there that makes much more than mining ETH directly.

The reason why mining is unprofitable is due to the extremely high difficulty due to huge supply of miners and the extremely low price due to low demand for buyers of ETH.

Your electricity is also on the high side. Even with free electricity you wouldn't be making much.

Either wait for a better future, or just sell the GPUs on Craigslist and some gamers will buy them.