Bitcoin Forum

I have seen good days mining with my single gpu. I earned some ETHs, ETCs, a bit zec with my gpu and had fun with profit. What may be next most profitable like zec/eth in gpu mining ? When will they arrive?? I heard about zec, 6 months ago.

ZClassic is now most profitable
whattomine.com

Zec was supposed to be every miners salvation, but we are coming up short.

There is nothing else on the horizon and there are honestly too many miners for the days of big profit to ever happen again.

The market cap for Zec is tiny .  A solid pump is cheap and easy.

I see it happening around dec 1.

That is when the full block reward will be issued. So the coin inflation will be lower. It is cheaper to pump then.

IL be there with more cards and we now have more stable miners that can handle it, so it should be fun to watch .

perhaps try mining zcash classic. atm it seems to be worth it

No, coin inflation will we higher, twice as high as now.

I hope the price trends higher but every time so far a pump has happened it has been undermined by the dumping.  With the increasing inflation and the fact that literally every single person who has bought the coin has lost money.  Every time it raises in value people are quick to sell to regain some of those funds, it seems difficult for me to expect a major shift considering those factors.

Major shifts can and do happen, but keeping those things in mind will make you a safer trader.  After the full block reward it will be a safer landscape to navigate.

The only unique ZCash feature - zero-sharing proof transactions of how it's called, consuming too much node resources to process. Hard to believe it will be used widely for that, for everything else there's monero, eth and btc.

We may fall into another 2-years low-profit mining hell.

zcash, zclassic, eth, ethclassic, = same profit

I'm not so sure miners need yet another shiny new coin as much as they need adoption and use to increase for one or more of the ones we've got. ETH, ETC, ZEC, ZCL, have just about hit equilibrium. If the price of even one of those were to suddenly rise because it is actually adding value and not just speculative money being pumped in then miners will see another period of high profitability. On the downside the scene is starting to look flooded with miners and therefore may not be as profitable as before.

If the bitcoin block size is not increased in the near future, so that it is not suritable for fast confirmation, people will use ZCash.

DarkSilk

Its very bad and will only get worse. Too many people are mining these days. Last month even my cabbie was mining. Couldn't believe it.

Well we know now with the sol/s rate that this will always be a gpu-gen currency so that's good, however zcash will be $15-$40 soon. Lets be honest the price will keep on dropping until the dev team fixes the "problems". The currency is virtually worthless unless they achieve the secure aspect of their coin. It will happen, and that is when you want to be holding or buy.

ZCash is still over $60 at the moment. If there is a dark net operator accpets the ZCash, the price will rise a lot.

You know what? If I had a dime everytime I heard that I would be a very rich man.

First they said that for Darkcoin, then Dashcoin, then Monero, then Zcoin, then Zcash, then Zcash Classic. And guess what nothings changed.

The way that these dark markets work is usually by escrow. You want some items, you pay by escrow and the dealer doesn't get it until the shipment is received probably in a week or two. Zcash you can't hedge against price movements, its really not normal for an asset to go up or down 20% in a single day. That's why people will stick will BTC for the longest time because its more stable.

This doesn't make ANY sense at all. Atleast for my hardware. ZEC uses around 120 watts on a non modded RX 480. Ethereum uses around 150-160 even 180 when dual mining.

so that means
120 x 24 = 2880 Wh/day.
160 x 24 = 3840 Wh/day.
So that means
ZEC power cost/day: $0.288
Ethereum power cost/day: $0.384

So, your statement doesn't make any sense if power usage is higher on Ethereum mining.

ETH is going POS or "timebomb". If all the miner from ETH coming to ZEC then expect the profit to drop another half. Nothing is worth mining after ZEC.

The total GPU mining the ZCash and Ethereum is similar number. So if the price does not rise, and ETH miner comes to ZEC, there will be no profit.

yep. its gonna be ugly once ETH mining stops.
ETCseems to be holding price for now and they have diffused the difficulty bomb so probably will keep the same. So yeah, Zclassic, ZEC, ETC, XMR, lbry, Silk are going to be coins left for mining

Profitability will likely be half to less than half of what we see now. That means any gfxcard that uses high power/hash ratio will take a hit. Anyone who has got higher cost of electricity will take a hit first. So basically all the miners are in for a bad time. :(

When the ETH stops PoW, it will be a dead coin like the XRP or NXT. It will not have support from the miners.

That is right. Most PoS coins are not in good shape.

Me personally, I have been sticking to the other algos.  They have been steady and consistent payment.

Then again;  I don't do it like most of you seem to.  I do a direct mine->Exchange->wallet.  I do not hold coins, only BTC.  The rewards from mining this way are reliable, and when BTC jumps in price, I usually notice the altcoin rig payouts decrease 1-3 weeks later.   So all in all, the price of the altcoins, is being correlated to BTC in my eyes; and the pattern is pretty simple to see.  You just have to watch how people are acting on it and understand why the price is swinging as it is.   Sometimes you reap the benefits of pumps, and it's seen in a graph of my earnings now and then.... They were so big once I emailed the pool operator to make sure the pool didn't make an error and screw him out of some $$$, but the logs showed why.... just an abnormal buy price.

Still to this day, to me, ETH is just a rudimentary compiler and script/code storage system piggybacked on the concept of digital tokens like BTC.   Complete garbage in the scope of the sense.   I've never mined ETH/ETC, only bought and sold a few times during the scares and made a few dollars.  Nothing special.  Seeing how people have been with their software as well;  especially centered around ETH and a few others; I am very disappointed in that side of the community as well.  Purely showing how selfish and self-centered some people can be when the digital currency concept is openness and community support.  Now it's feeling like most other C++/programming forums where people ask for help, and get shamed and trash talked for asking a very basic question;  unacceptable behavior.   (I will add that the BTC developer fighting about changing the code and trying to expand the network capability debate is also in this realm in my eyes).

I have tried mining Equihash, but the payout was less than my nvidia cards mining on Lyra2v2 by far....  I haven't had any incentive to restart the miner and at-least reach a minimum payout from NH.

As far as CPU, I have been getting pretty good payouts from xevan.  The wattage/profit factor is garbage.. pretty much negative, but I don't run CPU miners where I have to pay for the electricity.... so it's a win/win concept.

I do the same. The bitcoin is the king.