Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: maats on June 30, 2016, 07:15:11 AM



Title: help! guys! whats the best coin to be mine at this time
Post by: maats on June 30, 2016, 07:15:11 AM
hi guys just wondering what are the coins to be mine at this time that is profitable????


Title: Re: help! guys! whats the best coin to be mine at this time
Post by: Ardenyham on June 30, 2016, 08:57:56 AM
It depends on your mining equipment and the money you have to invest in mining. bitcoin mining can be profitable but it need high quality mining rigs and lots of electricity. most of time the electricity cast of bitcoin mining will be more expensive than how much you mining from your miners. so small mining rig not good for bitcoin minings.
if you have small capital then use it to altcoin mining.
I would recommend you to mine Lisk, Etherium and Waves, these are three most high potential altcoins at this moment. 


Title: Re: help! guys! whats the best coin to be mine at this time
Post by: mocacinno on June 30, 2016, 08:59:10 AM
I'd suggest using coinwarz to find out:

http://www.coinwarz.com/cryptocurrency

1) find out which hardware you have/ which hardware you can buy (mark the price, including the postage, customs charge, controllers, cables, cooling, shelfs,...)
2) find/run benchmarks for this hardware: you need the hashrate and power draw (including the power used by the controller)
3) fill in the numbers (don't forget the electricity usage and price)
4) see if you can make a profit (hint: don't be suprised if you cannot make any money, especially when your electricity price is not so great)

If you want to do some BTC mining, this is even better: http://www.coinwarz.com/calculators/bitcoin-mining-calculator
Don't forget: the halving is around the corner and the S9 just hit the market (block rewards WILL halve, the diff has a good probability of rising, the price MIGHT fluctuate but nobody knows the direction)


Title: Re: help! guys! whats the best coin to be mine at this time
Post by: kryptqnick on June 30, 2016, 09:13:16 AM
hi guys just wondering what are the coins to be mine at this time that is profitable????
I hope this website helps you: https://www.whattomine.com/
It can help you check, "how profitable it is to mine selected altcoins in comparison to dashcoin" and some other information about mining different cryptocurrencies.


Title: Re: help! guys! whats the best coin to be mine at this time
Post by: helloeverybody on June 30, 2016, 09:19:06 PM
I asked a similar question not long ago and tried mining a  few different alt coin,  i  ended up just going back to ethereum but for me its  barely worth i.  I  never realised you could mine waves,  that could be interesting although it must give you payments for transaction fees or something,  im not sure.


Title: Re: help! guys! whats the best coin to be mine at this time
Post by: maats on July 01, 2016, 02:28:55 PM
It depends on your mining equipment and the money you have to invest in mining. bitcoin mining can be profitable but it need high quality mining rigs and lots of electricity. most of time the electricity cast of bitcoin mining will be more expensive than how much you mining from your miners. so small mining rig not good for bitcoin minings.
if you have small capital then use it to altcoin mining.
I would recommend you to mine Lisk, Etherium and Waves, these are three most high potential altcoins at this moment. 



thnx for the advice im renting power now at nicehash theres a lot of coins so im just asking im gonna try lisk etherium waves later thnx


Title: Re: help! guys! whats the best coin to be mine at this time
Post by: maats on July 01, 2016, 03:53:05 PM
hi guys just wondering what are the coins to be mine at this time that is profitable????
I hope this website helps you: https://www.whattomine.com/
It can help you check, "how profitable it is to mine selected altcoins in comparison to dashcoin" and some other information about mining different cryptocurrencies.



thnx sir big help  8)