Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Enzyme on January 24, 2015, 07:03:02 AM



Title: Most Profitable Algorithm?
Post by: Enzyme on January 24, 2015, 07:03:02 AM
Hi,

I'm wondering what the most profitable algorithm is, to mine with a PC (CPU or GPU) or ASIC.

Thanks


Title: Re: Most Profitable Algorithm?
Post by: tonygal on January 24, 2015, 12:04:58 PM
If you're talking about an ASIC, this question makes no sense. Any given ASIC (some exceptions like
the early gridseed chip aside) mines just one algorithm, you have no choice. If you want to
choose an ASIC based on profitability, you can choose between SHA and Scrypt(-N), and both
are not very profitable at the moment. I have the feeling Scrypt got even worse by now, as
LTC basically turned out to be a shitcoin (more or less)..


Title: Re: Most Profitable Algorithm?
Post by: hdmediaservices on January 24, 2015, 05:35:48 PM

If you want to think outside the box -- try BURST coin.  It uses POC (proof of hard drive capacity mining).  Very interesting…



Title: Re: Most Profitable Algorithm?
Post by: murme on January 25, 2015, 12:06:06 PM

If you want to think outside the box -- try BURST coin.  It uses POC (proof of hard drive capacity mining).  Very interesting…




do u have ant thread about that it's seems very interesting i heard you first time ?


Title: Re: Most Profitable Algorithm?
Post by: Amph on January 25, 2015, 08:34:45 PM
there were energy efficient algo, or just not well optimized, but they were not profitable anyway, besides at launch...


Title: Re: Most Profitable Algorithm?
Post by: NeuroticFish on January 25, 2015, 08:40:40 PM
It's not really about algo anymore. You have to catch the coins/moments when diff is low and price still reasonable. It's a tough detective work.

Maybe you find a good (multi) pool, but I think that those days are nearly over too.


Title: Re: Most Profitable Algorithm?
Post by: ZaZ59 on January 25, 2015, 09:32:45 PM
Hi,

I'm wondering what the most profitable algorithm is, to mine with a PC (CPU or GPU) or ASIC.

Thanks

GPUs : http://altcoin.alwaysdata.net/

 ;)


Title: Re: Most Profitable Algorithm?
Post by: qs.lab on January 26, 2015, 04:10:55 AM
Most profitable algorithm:


Close your laptop, go to work, work, get money.


Title: Re: Most Profitable Algorithm?
Post by: Enzyme on January 27, 2015, 12:21:20 PM
Most profitable algorithm:


Close your laptop, go to work, work, get money.
I understand that :D

Although, mining is like a hobby for me.


Title: Re: Most Profitable Algorithm?
Post by: Daedelus on January 27, 2015, 01:07:30 PM
PM sent to OP.


Title: Re: Most Profitable Algorithm?
Post by: CryptoTrout on January 28, 2015, 05:18:31 AM
i dont think there is one dominantly profitable algorithm, its more about knowing what coins to mine at any given time, then selling them at the right time


Title: Re: Most Profitable Algorithm?
Post by: bank of bits on January 30, 2015, 03:27:55 PM
I'm not a expert, but I do like to do my research before . What's wrong with these?


Title: Re: Most Profitable Algorithm?
Post by: grendel25 on February 01, 2015, 02:38:25 AM
It changes all the time.  One thing you can do is go to places like nicehash.com and you can see what they are reporting as most profitable.  But, you really need to do more like consider power costs and equipment costs.