Researching what coins to mine

[BrokenMiner]

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.

[allcryptominer]

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.

PIRL is shit coin and the only ones getting rich is the devs. They steel 20% of every block mined...and they where lying telling people that a windows wallet was ready to be released on launch day but it never was....just so they could mine as much as possible themself...

[minerlai]

stick to the valuable stuff like monero, Ethereuem and zcash.

[DirectDeposit]

I was able to google some but a lot are really just about who you know and when you know them.

[crairezx20]

Pirl is not a good choice to mine if you really wanted to start a business and mine altcoin better to choose which is already own hardware not building a gpu like litecoin which is you can mine with bitmain antminer l3+ its more profitable to be choose..
But i heard that baikal 10x would be a great choice to buy right now is more profitable than antminers..
But if you are willing to mine with GPU zec and ethereum only are good choice to mine.

[durilup]

Hi . I recommend you minexcoin it was in pre sale worth 2 usd and many scams acusation about this coin on this forum
Actually he is 17 usd on the market and leading on livecoin exchange . You can try it is very cool
For the second option go for pirl coin

[Mike011]

If you`re in with the shitcoins, make sure you exchange them for btc or any other non-shit coin (eth, zec...) on a DAILY basis. That`s the thing with shitcoins - they can tank so hard in just one day. And Cryptopia is far from being bad exchange. They just lack volume, other than that, they are reliable as a fucking bank and that is enough for me.

[BrokenMiner]

Thanks for the insights, warnings, and suggestions all.  I'm a little disapointed that nobody here seems as excited about Pirl as I was.  Maybe it's just me wanting something other than BTC and ETH to blow up and not yet knowing enough about new crypto.  I'll keep watching the forums and whattomine.