Hello miners,

I was just curious as to what some of you more veteran miners thought about the current status of the crypto market.  I have only been mining for about 6 months but to me it feels like we are about see another boom.  I'm basing this mostly on the projections of whattomine.com and the few coins I've invested in, Pirl and (M)IOTA.  Whattomine is showing very promising numbers, compared to a few months ago, and the coins I've invested in have spiked considerably. 

I'm so tempted to go out and purchase a bunch of hardware to get ready for the boom, but I'm nervous because I'm still a newbie when it comes to crypto.  Did I just get super lucky picking the coins I chose and am seeing a cyclical rise in mining profitability from whattomine.com or are things on the rise and about to get better, based on previous booms?

Should I bet the farm or sit tight and enjoy the profits while they last?

Thanks in advance for your opinions and advice.

Hello miners,

I recently started mining a new coin that I'm excited about, Pirl, and I was wondering what the community thought about this coin and how you guys do your coin research on newer coins.  I've been mining for about 5 months now, mostly ETH, and this is the first new coin I've decided I want to take a chance on.  With this being a new coin I haven't been able to find a lot about them, but going by their website and community I thought it sounded like a really good coin to mine.  Pirl has been showing up on whattomine's most profitable coin to mine list a lot this past week, which is how I heard about it, so I was wondering if anyone else here on the boards has been watching it.

So here is a list of the reasons I decided to mine this coin and I was hoping the community could tell me if I'm on the right track or wasting my time/miners.

Pros
1. I like that it uses the Dagger Hashimoto algo and is asic resistant.
2. It will never go PoS.
3. There will be MasterNodes implemented by the end of the year which allow the community to run a masternode, if you have 20k Pirl coins, and make some coin while supporting the network.
4. The devs seem active and involved in the community.
5. No ICO or pre-mine
6. Currently low difficulty, so I'm getting a lot of coins early.
7. Future plans for a marketplace
8. The community votes on changes
9. A polished website with useful tools and information
10. It's relatively cheap at the moment at 40 cents a coin

Cons
1. Currently it is only listed on Cryptopia
2. I haven't been able to find a lot of sources for information, so the bulk of my knowledge has come from their website and community which I'm guessing is a bit biased.
3. Blocks have 12 coins, 10 go to the miner and 2 to the devs (everyone says this is too high?).  Once Masternodes are live 10 will go to the miner, 1 to the devs, and 1 to masternodes.

Any insight on this coin or how to research new coins will be greatly appreciated.