Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: skyfow89 on July 01, 2014, 02:22:26 AM



Title: Which algorithm is currently profitable?
Post by: skyfow89 on July 01, 2014, 02:22:26 AM
I'm sure this question has been asked a million times by other n00bs like myself, but I couldn't find it through forum searches nor google ones.

I was told by a member of the support staff at trademybit.com that X11 is the most profitable, X13 is less profitable, and no others are currently profitable. Is this true? I am currently mining X11 coins at trademybit.com, and am only making about 30 cents per day with a Sapphire Radeon 7950 Dual-X. This doesn't seem right to me.


Title: Re: Which algorithm is currently profitable?
Post by: surma on July 01, 2014, 05:40:49 AM
Hi,

At this time, profitability of x11 coins is about 0.00025 BTC - 0.0004 BTC per MH per day, so mining at 10MH should bring ~$2.60 profit. Currently this is the best option for GPU miners.