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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: x-crypto-x on April 20, 2018, 01:03:54 AM



Title: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: x-crypto-x on April 20, 2018, 01:03:54 AM
hi guys,

i am new to mining being a tech started mining really late. Had the chance to mine bitcoin with free servers i had 3 years ago, missed that chance but its never too late.

Right now i have mining setup of x18 gtx 1070 gpus which i started in december 2017 to mine ethereum with nanopool. Presently i am getting 0.2 ethereum after every 5 days.

My question is should i stick mining with ethereum till it goes POS or switch to any other coin which is easy to mine and much more profitable?

one more thing if i switch to any other coin the problem is to exchange it with other money or $ as there are many scam sites and i dont find any legit site to exchange alt coin. Would anyone please recommend any trusted site as well to exchange without losing its value alot.

thank you.
i would appreciate any suggestions to help me out please.


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: adaseb on April 20, 2018, 01:16:10 AM
hi guys,

i am new to mining being a tech started mining really late. Had the chance to mine bitcoin with free servers i had 3 years ago, missed that chance but its never too late.

Right now i have mining setup of x18 gtx 1070 gpus which i started in december 2017 to mine ethereum with nanopool. Presently i am getting 0.2 ethereum after every 5 days.

My question is should i stick mining with ethereum till it goes POS or switch to any other coin which is easy to mine and much more profitable?

one more thing if i switch to any other coin the problem is to exchange it with other money or $ as there are many scam sites and i dont find any legit site to exchange alt coin. Would anyone please recommend any trusted site as well to exchange without losing its value alot.

thank you.
i would appreciate any suggestions to help me out please.

It's depend what you are going after.

If you want just mining profits then using What-to-mine and just mine the most profitable coin everyday and sell. You can even just use Nicehash software to switch automatically.

If you believe in ETH and it's future then stick to mining ETH and holding. Personally for me I think ETH is undervalued at the moment and I am not selling.


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: jmigdlc99 on April 20, 2018, 01:25:34 AM
My opinion is that you stick with ETH mining unless you have the time to do research and do some speculative mining on new/unknown coins that have the potential to be more mainstream and worth much more than they are today. If you have a regular job and just do mining as a hobby or part time business then just go for Ethereum. You can never go wrong with ETH esp. because it is so undervalued right now.


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: x-crypto-x on April 20, 2018, 01:47:58 AM
thank you for your honest opinion. Now i am certain i must stick with ethereum mining only and have faith in my decision. I also agree with you, being a person who is doing a regular job does not have enough time to do research on new coins.


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: BennyT on April 20, 2018, 03:15:12 AM
18 x 1070’s single mining eth should payout 0.2 every 2 days or so


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: x-crypto-x on April 20, 2018, 03:20:20 AM
hi,

Are you sure about 0.2 after every days with 560 hash rate for ethereum?
am i doing something wrong? because according to ethereum mining calculator it shows 1.3 per month with current difficulty level
please correct me if i am wrong


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: ivakar on April 20, 2018, 04:41:38 AM
I guess there is two option for you to consider
1. do not change anything, just continue to mine ETH
2. try to mine other coins with one rig ( cause if you have 17 card this is at least 2 rigs). you can check some mining calculator to check what coins to mine


Title: Re: New mining setup with x18 gtx 1070 mining ethereum need suggestions
Post by: szafa on April 20, 2018, 05:17:39 AM
Try x14 algo rvn.suprnova .