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Author Topic: What should I mine  (Read 5883 times)
1211
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November 21, 2015, 05:14:33 PM
 #1

Hello,

I used to mine different scrypt coins, but then the asic miners came and I stopped. I tried to search for asic-resistant coins which i could mine with gpu's but no success. Any suggestions?

Thanks


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nwfella
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November 22, 2015, 07:17:09 AM
 #2

Hello,

I used to mine different scrypt coins, but then the asic miners came and I stopped. I tried to search for asic-resistant coins which i could mine with gpu's but no success. Any suggestions?

Thanks


Presuming you where mining those scrypt coins with GPU's you might wanna give ethereum a looksee.  It uses ethash which is likely to remain asic resistant for sometime to come.

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Ayers
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November 22, 2015, 09:51:26 AM
 #3

you can try monero which is still good with gpu with the correct miners or myabe search for some new lago in the correct sub altcoin forum
there is also burst that can be mined wiuth hard disk, plenty of choise out there, but the profit is not so great
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November 26, 2015, 02:27:48 AM
 #4

I am fairly new to this and I have to ask, what are asic-resistant coins?  I am currently mining BCN and I am becoming a little successful, but not far.  I am currently mining with 8 cores on 3 different computers and it seems I am making some, but not much, only around 100,000 in the past month.  Is what I am doing worth it?
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November 26, 2015, 09:59:59 AM
 #5

its only worth it, if theres an exchange that you can trade to and theres more the 2 exchanges..  
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November 26, 2015, 06:10:40 PM
 #6

I have been reading on this and I would like to know how do I find an exchange for certain coins?  I noticed on some of the exchanges, they only exchange certain coins.  Can someone shed some light on this for me.
wildduck
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November 26, 2015, 06:59:02 PM
 #7

You can mine ethereum and expanse it is asic resistant.

balanced190
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November 28, 2015, 08:12:46 AM
 #8

I propose to stop mining because it's really a short time income.
knightkon
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November 29, 2015, 04:29:42 AM
 #9

I propose to stop mining because it's really a short time income.
I agree that is it is only a short time income, but if you are making profit on it, you might as well make money with it while you can.  If you are given a room full of pennies on the floor and told you can have them all but you can only pick up one at a time to place it in the bucket and you have a robot that can do this for you for 1 cent for every 3 he picks up, why not make the extra 2 cents for working him.
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November 29, 2015, 01:09:30 PM
 #10

You can mine ethereum and expanse it is asic resistant.

Ethereum is the most profitalbe coin to mine at present. It is more profitable than most other coins.
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November 29, 2015, 05:31:56 PM
 #11

I am fairly new to this and I have to ask, what are asic-resistant coins?

Basically, any coin that uses an algorithm for which there is no ASICs yet, is asic-resistant.
Some algorithms are made specifically in a way that makes building ASICs for them very hard/costly.
There's ASICs for SHA256 and Scrypt. And rumors circulating about X11...
Don't even try mining an ASIC'ed algo with a CPU/GPU, you'd just be burning money.

Any other algorithm, and you have a fighting chance.
knightkon
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November 29, 2015, 05:53:05 PM
 #12

I am fairly new to this and I have to ask, what are asic-resistant coins?

Basically, any coin that uses an algorithm for which there is no ASICs yet, is asic-resistant.
Some algorithms are made specifically in a way that makes building ASICs for them very hard/costly.
There's ASICs for SHA256 and Scrypt. And rumors circulating about X11...
Don't even try mining an ASIC'ed algo with a CPU/GPU, you'd just be burning money.

Any other algorithm, and you have a fighting chance.
Thank you for helping me understand that.  Now if I could only figure out how to tell if I have a GPU in my computer and how to use it for mining, I would be great!!  I am looking further into this, so any assistance you or anyone could help me with, would be great.  Thank you.
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December 01, 2015, 05:52:40 PM
 #13

basicly how relationship between algos? example 100kh scrypt gpu may mine with 1mh x11 or may mine with 1gh sha256

whats their approx. multiplier?

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December 05, 2015, 08:50:06 AM
 #14

Ethereum based coins is most ASIC resistant. A 280X can mine at around 23MH/s. We can mine Ethereum for about a year.

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junbi39
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December 07, 2015, 06:51:54 PM
 #15

https://www.whattomine.com/ have a look here
"Profitability
Current | 24h
3 days | 7 days"
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December 07, 2015, 07:22:51 PM
 #16

If you are also interested in CPU mining check out coin MAGI; its most important feature is that it should stay ASIC resistant and mined by CPU.
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December 08, 2015, 09:56:44 AM
 #17

Most coins are not profitable if you have to pay electricity. If you really want to mine, then Ethereum could be the more "profitable" one.
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December 16, 2015, 09:49:28 PM
 #18

Well, even if you get good deals on used 280x and 7950's you still wont ROI at all... Save your time and go collecting bottles instead, that would actually be higher pay per hour Wink

Sorry if I sound negative but that is the sad reality of it. Now for people who just want to learn it does not matter that much what gpu you get your hands on, all amd from 7950 and later can mine all gpu coins but nvidia starting from 750ti can mine more power efficiently, bear in mind choice are limited then and if those coins dies then you are out of luck, amd might be safer choice then.
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December 16, 2015, 10:20:08 PM
 #19

what sould i mine with renting rigs? i made some calculations and no way to make profit

nepronaldo
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December 23, 2015, 12:02:34 PM
 #20

Bitcoin Mining may be profitable these days because of bitcoin price but it needs low electricity rates too.
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