Bitcoin Forum

I try to mine some BTG but the difficulty is too hard... anyone can suggest any good crypto to mine ?

If your setup for BTG was technically hashing and all, you should be able to mine other Equihash coins w/ that software (Zcash, etc.). Someone please correct me if I'm wrong, but you should just need to update config info for new pool and you're good to go.

Answering you main question
Yeah mining cryptocurrency is still a good idea , Its was always a good idea you just need to hold till price is good because mining and selling is kinda stupid considering all the profit you might lose but yeah people need to pay their bills , so better hold 50percent of ur minings anyways I am currently mining zcoin since had a nad experience with btg as pool luck and other factors gave me less than i would have made otherwise , and price still decreasing but if the price takes off like bitxoin cash then that would have been hella profitable

You may use online calculators for today's good crypto to mine and decide for yourself. Take note of the Word 'TODAY', as it change time to time

Anyways this question always pop up, Please take time to read

https://bitcointalk.org/index.php?topic=2208927.msg22248565#msg22248565

buy the coins. Speculation historically made a lot more than mining. I would now say that mining only makes money when speculation makes alot more

so what happens with Eth switches to POS?  all the current mining power will go to something like Monero and will decrease profits right?

Still a lot of Ethash algo that is profitable than ETH, so for now ETH to POS is rather fuss, no need to worry about, oh btw, I don't mine ETH for a couple of weeks now.

Dear All,

Thank you for the great ideas shared. Wonder if GPU mining is still profitable especially for BTC. Please enlighten me. Thank you in advance.

Is mining that coins still proiftable?

GPU mining is not profitable for btc. You will get more btc by mining other altcoins and then trading those for btc.
Mining crypto is still a good idea. It depends also on what kind of mining equipment you have or can afford.

Thank you for the valuable information you posted. Will now look more into altcoins mining and conversion to BTC. Thank you.

He is tallking about bitcoingold (BTG) which is still interesting to mine on GPU (especialy on nvidia GPUs) and not about Bitcoin (BTC) that it is no longer possible to mine otherwise than with specific ASICS

Ya mining crypto is good and profitable if u Lear how to and kw the techniques

Mining crypto is surely profitable. Be it altcoin or bitcoin mining itself. All you need to do is research, research, research. There is a huge amount of online resources that can guide you every step of the way. It is up to you to control your financial future. Invest in crypto now while you can.

It is wrong to state unequivocally as you do. I'm sure you don't do mining so you make such a conclusion. In different countries the price of electricity also may vary significantly. Mining in China can be profitable and in Europe can be profitable. So many factors influence the profitability of mining and therefore in each case it is necessary to individually calculate the profitability.

As long as it's still profitable then it is worthwhile mining.

Another option if you want to get paid in BTC would be NiceHash.

Mining still can be profitable. Do some research and choose the most promising coin to mine  ;)

I will start looking into NiceHash. Please let me know other profitable ones to mine too. Thank you.

Mining cryptocurrency in this state is really hard this is just because the reward is getting small due to the increasing number of miners. So the more the miners the smaller and hard to get bitcoin. Investment is the best to cryptocurrency due to its volatility and many are now getting interested in crypto.

I seem to partially agree with you but am wondering how someone who may not have the resources needed for investment could still participate in the run through mining.

Hey anyone aware of Dash coin mining and how profitable it is "realistically".

NO its NOT, the BITMAIN D3 killed that, and now nobody is making money on x11 mining, other than DASH all the other X11 coin are penny-alts, not worth mining, and now with a D3 that costs $1500, you can earn $4/day, less power of $4/day, NET-zERO

Go to the moon

DASH is not longer a GPU coin, it is now an ASIC coin, but even those with ASIC's make no money mining DASH

HUSH is #1 now for EQUIHASH, earning $13/day right now

BITCOIN-Z is same as BTG and you can get 2,000/day pretty easy

whattomine.com is your friend, and the scam coint BTG is not listed, because its a scam RICO-COIN that nobody will touch,

NICEHASH is a scam, only MORONS an idiots and newbies use NICEHASH,


SPend $1500 on a rig, expect to earn $10/day, in a 3rd world country $300/month is a lot of money,

Figure it out for yourself.

It's a fucking HOBBY,

GOT it?

Best U can earn right now is about $15/day per rig, less power cost of $5/day

$1500 for rig HW, that 150 days, almost six months to payback

$1500 is a lot of money, you could start a paper-route or buy a taco stand.

ETH is like 5% of the crypto universe, they have already made themselves irrelevant, ETH-CLASSIC is now on rise.

ETHASH is an obsolete algo

The script language for ETH is juvenile

Time for ETH 2.0

When i started to get into crypto, i can honestly say that mining is not that profitable. Ive split my investment, half into buying and holding coins and the other half into mining facility and hardware. As of today my coin holdings has made me alot more profit than my mining investment. Yes people say you have hardware you can resell. But not all asics is resellable on the market after even a short period of use.
So it would be better to buy the coins you believe has future value.

If you want a safe ROI through the time, mining is a good idea if you don't want to do anything. but you have to be careful about the rise or the fall of the crypto price, and the difficulty of mining that increases fast.

And if you want a free heat for your home during the winter ;-)

All the setting for the production of coins will provide your home with warmth. To consider this possibility only as savings primary fuel if you have the ability to regulate the flow of heat. I think we need to consider only the fact that mining coins. You need to carefully calculate the profitability and to remember that over time the profitability will decline. If she is low it makes no sense to start this business.

OMG. Just ordered 2 D3s from Bitmain. Looks like we just have to use them for heating our home. Thank you for the info though. Will stay mentally prepped for whats coming :)

Go into mining "bussines" only if you know what will you do with the parts when this will be done :)

It is still profitable but make sure you mine the right coin at the right time.

Like the others said you need a good setup and enough hash power. As long as you're making more than electricity cost, then It's good as well the cryptocurrency you're mining might increase in price ^^ so I'd give it a shot.

you should try your luck with Altcoin mining like minecxoin, electroneum, ethereum classic and other atlcoins. mining with pool is always profitable it is very hard to mine btc

Definitely, it is still a good idea

Mmmh I intresting thing... but look like the investitor is stronger then miner in last period... Make right decision for mining need more time to make the right decision for invest...this market look like faster then before.

I got back in around February... and have slowly built up my farm since then.

Right now I am actively using ~$57k in hardware producing ~$6-7k a month predictable revenue (with power cost around $700-800 or so of that).

That is not bad at all, IMHO... There have been times along the way that I have made a higher % of the active hardware per month.

I expect to be 100% paid off in hardware by February or so 2018 including the addition $15k in hardware I will be taking online between now and December.

And I am sitting on a ton of GPUs & other hardware with decent resale value (even if all my coins go to $0)... I haven't bought any "mining specific" hardware so I can re-sell the systems as well pretty readily as well even after I sell the GPUs.

I use ZPOOL with NEMOSMINER to profit switch... there is SO much more out there than just ETH, Zcash, Etc.

IMHO... if you aren't married to mining just a few things you can do quite well still.

Why not?. You can use online calculators to calculate profits and increase you earnings. Moreover, if you are ready to purchase a GPU you can earn a good amount. Mining is a forever profitable one.

Its up  to you, you just need to explore and as long as you have a good profit from it. Observe what's it cost and what can you gain. There are many options for cryptocurrency mining. Some algorithms can still be run more or less 'effectively' on CPUs while others work best on GPUs. Good luck!

I think we are in a lull period again, profitability is dropping fast for the average miner. China taking over the GPU market again with their free electric and cheap chips.

60k worth of gpu hardware you should be making at least 10k a month

It is my total cost of PCs, GPUs, racking, wiring, network hardware, etc. I am also still optimizing which algos I pick on ZPOOL (for example the last three days multiplied out would be $8700 / Month).

Either way I am happy with it -- along with investing some of the funds into alts for speculation "actual" income could indeed surpass what I see on the day-to-day calculations.

I know another BTC fork incoming... is possible mine that?