Stay away from new POW coins

[CashbackLover]

If you are good with crypto projects very well you will know if a coin is worth mining or not, I believe the reason why OP mine those coins was because he or she has less experience about crypto projects, talk about Electroneum or Haven protocol, these coins are cryptonight coins and they are damn good

[joseyphil82]

Choose new altcoins to mine only if they are really good and attractive, look at their use utilities if it's going to benefit the masses this is the only way to know if the coin is worth mining and holding it they list on exchanges, LOKI was damn good, even havven was good too, DYOR

[Skinny48]

May be it depends on what coins to mine? I`m mining only ETH for 6-8 last months. Before it i mined various coins and most of them were more profitable than ETH. Only TRTL and RYO were cryptonight coins.

Damn I should have mined RYO instead of stellite coin that ends up dead months later, these new cryptonight coins are too damn tricky, I guess the fault was mine, I don't do good research before promoting the project, anyways that's in the past now, I can't seem to find new POW coins anymore, if you have link pls share

[Squezzi55]

New coins are still worth the try, just make sure they coins have good utilities, this is what makes new coins well adopted by investors and probably third-party partnerships too, if you can't even tell the difference it's better to start mining eth and other popular altcoins instead

[KaratX]

I will only stay away if the coins are not very good, I've seen low rated pow coins bringing good amount of money to early miners, electroneum was a hot cake when it came out in 2017 I still managed to mine with old gpu and get around 50k coins and sold for good amount of money, another good new coin I mine then was dero, till this day dero is still alive

[adaseb]

Back in 2014 you had maybe a dozen or so coins to mine. LTC was the most profitable but from time to time there was Dogecoin, Darkcoin (now DASH), Maxcoin, etc. And every week or so there was 3-4 new coins released that you could mine for a few days with low difficulty, then usually in a few days they almost always got listed on some exchange. And usually sell for a large profit when it hit the exchange.

These days thanks to ETH and their ERC20 tokens. Most projects go straight into an ICO. You need to pay for the tokens, you can't mine them. Hence ETH is the most profitable for GPUs and XMR for CPUs and if there is some other coin out there the profits will more or less be the same since there are bots which hop from pool to pool based on profitability. So these days just save yourself the hassle and just mine ETH.

[Sourhearrt]

Back in 2014 you had maybe a dozen or so coins to mine. LTC was the most profitable but from time to time there was Dogecoin, Darkcoin (now DASH), Maxcoin, etc. And every week or so there was 3-4 new coins released that you could mine for a few days with low difficulty, then usually in a few days they almost always got listed on some exchange. And usually sell for a large profit when it hit the exchange.

These days thanks to ETH and their ERC20 tokens. Most projects go straight into an ICO. You need to pay for the tokens, you can't mine them. Hence ETH is the most profitable for GPUs and XMR for CPUs and if there is some other coin out there the profits will more or less be the same since there are bots which hop from pool to pool based on profitability. So these days just save yourself the hassle and just mine ETH.

Well said, why look for a new coin to mine when 99% of new projects today are going for smart contract? If POW algorithm is still a big thing like that of 2016 we will keep seeing new PoW coins almost every day, stick with Ethereum and make your ROI back faster

[Skinny48]

Back in 2014 you had maybe a dozen or so coins to mine. LTC was the most profitable but from time to time there was Dogecoin, Darkcoin (now DASH), Maxcoin, etc. And every week or so there was 3-4 new coins released that you could mine for a few days with low difficulty, then usually in a few days they almost always got listed on some exchange. And usually sell for a large profit when it hit the exchange.

These days thanks to ETH and their ERC20 tokens. Most projects go straight into an ICO. You need to pay for the tokens, you can't mine them. Hence ETH is the most profitable for GPUs and XMR for CPUs and if there is some other coin out there the profits will more or less be the same since there are bots which hop from pool to pool based on profitability. So these days just save yourself the hassle and just mine ETH.

Well said, why look for a new coin to mine when 99% of new projects today are going for smart contract? If POW algorithm is still a big thing like that of 2016 we will keep seeing new PoW coins almost every day, stick with Ethereum and make your ROI back faster

Today Conflux (octopus algorithm) is the most profitable, it surpass Ethereum in mining reward today and I'm not so sure that many knew about this new altcoin, few PoW coins are still showing up, the thing is there isn't any hype on PoW coins anymore