Bitcoin Forum
June 23, 2024, 01:07:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: low difficulty coins with a possible future?  (Read 229 times)
ferbe (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
February 18, 2019, 03:50:21 PM
 #1

I am very new in this game and still learning.  Sadly every how-to and advise article is like a year old which is about 10 years crypto time. 

I am getting into the game mainly as a hobby, and to investment long term.  Not to make a profit of expense/energy vs mining profit.  In terms of mining, I am looking to mine low difficulty coins that have potential (a trivial and opinionated thing) for growth a couple years from now.

I had my sights set on ETN, which lured me in because of the low difficulty and potential for growth. Sadly it seems the difficulty is already to the point where CPU mining is almost pointless, I get like maybe 1 share accepted like every 2 hours on my core i7 laptop, half of which say they are rejected (tried claymore and xmrig).  I see little point in ruining my $1,500 laptop unless I can see regular "share accepted" or "yay" or something else positive coming from the miner software.

I am buying a few Nvidia GTX 1050 Tis, and have an 8 core Xeon server desktop I plan to put them in.  The server is already a personal file server, I figure I might as well mine with it. I am also thinking of building a gaming rig with 3 graphics cards slots and throwing some AMD hardware in it, when not gaming, it will be mining.   

It seems a bit late for a noob miner with low-end hardware to focus on Monero, or am I wrong on that? Some other coins I have my sites on are Electroneum, ZenCash. Maybe AEON with spare CPU power.  Thoughts? 

Knowing my goals of hobby and invest (not power vs immediate profit), what should I mine?  Taking suggestions.

NotFuzzyWarm
Legendary
*
Offline Offline

Activity: 3668
Merit: 2604


Evil beware: We have waffles!


View Profile
February 18, 2019, 03:55:00 PM
 #2

This area you posted in is for Bitcoin only. Expect the mods to move this to the correct area.
So I suggest you peruse the altcoins area for your alternatives.
edit: Damn, the mods were FAST on this one! Already moved within minutes.

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome!  3NtFuzyWREGoDHWeMczeJzxFZpiLAFJXYr
 -Sole remaining active Primary developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
harj92
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
February 18, 2019, 06:28:57 PM
 #3

I am very new in this game and still learning.  Sadly every how-to and advise article is like a year old which is about 10 years crypto time. 

I am getting into the game mainly as a hobby, and to investment long term.  Not to make a profit of expense/energy vs mining profit.  In terms of mining, I am looking to mine low difficulty coins that have potential (a trivial and opinionated thing) for growth a couple years from now.

I had my sights set on ETN, which lured me in because of the low difficulty and potential for growth. Sadly it seems the difficulty is already to the point where CPU mining is almost pointless, I get like maybe 1 share accepted like every 2 hours on my core i7 laptop, half of which say they are rejected (tried claymore and xmrig).  I see little point in ruining my $1,500 laptop unless I can see regular "share accepted" or "yay" or something else positive coming from the miner software.

I am buying a few Nvidia GTX 1050 Tis, and have an 8 core Xeon server desktop I plan to put them in.  The server is already a personal file server, I figure I might as well mine with it. I am also thinking of building a gaming rig with 3 graphics cards slots and throwing some AMD hardware in it, when not gaming, it will be mining.   

It seems a bit late for a noob miner with low-end hardware to focus on Monero, or am I wrong on that? Some other coins I have my sites on are Electroneum, ZenCash. Maybe AEON with spare CPU power.  Thoughts? 

Knowing my goals of hobby and invest (not power vs immediate profit), what should I mine?  Taking suggestions.



uPlexa and Zumy are great new coins, both performing well after a short time and both with a low enough difficulty. uPlexa actually has a proper android miner (something that Electronium just BS'd they're way through).

And they both have great communities. Here's an article based on that very fact;
https://medium.com/@8kingofcrypto8/best-new-cryptocurrency-to-buy-or-mine-in-2019-65c2ec9bcfc1
ferbe (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
February 19, 2019, 09:01:35 PM
 #4

Thanks, will check it out those coins! 

Regarding ETN BS'ing the android app, do you think they are a bit shady?  I am only asking because after creating the managed ETN wallet and started mining I got immediately locked out for whatever reason and can't get back in account, and they are not sending me my recovery code to my email like it should.  I can easily see how stuff like that can get exploited.  So I made a paper wallet instead.   
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!