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Author Topic: What is altcoin?  (Read 533 times)
navaneet31 (OP)
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December 21, 2015, 02:33:31 PM
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Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.In present days what mining is good to earn profits.I listened bitcoin is tooooo hard.If we want to mining bitcoin is 50GHZ/s is enough and what about 0.075 TH/s?
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damiano
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December 21, 2015, 02:36:19 PM
Last edit: December 21, 2015, 02:48:08 PM by damiano
 #2

Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.Thanks

That is tricky if you don't know what an altcoin is I'm not sure you will have fun getting to know how to mine them. Anyway- an altcoin is an alternative coin to Bitcoin.

You can find many new and old altcoin here https://bitcointalk.org/index.php?board=159.0 So in short you would be mining an alternative to bitcoin which you can more than likely find help with from here https://bitcointalk.org/index.php?board=160.0
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December 21, 2015, 03:07:01 PM
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Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.In present days what mining is good to earn profits.I listened bitcoin is tooooo hard.If we want to mining bitcoin is 50GHZ/s is enough and what about 0.075 TH/s?

Pretty much any coin that is not Bitcoin. An alternate to it or alt coin.
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December 22, 2015, 02:39:04 AM
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Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.In present days what mining is good to earn profits.I listened bitcoin is tooooo hard.If we want to mining bitcoin is 50GHZ/s is enough and what about 0.075 TH/s?

Invest on mining hardware is not the most convenient. Only to give you an idea with 50GHZ you will get 0.0003 BTC on a pool mining with 0.075 TH/s 0.0004 BTC each day at  these levels and falling ......... Before of do an investment you need read and read to minimize any loss. In the other hand I can not be sure if these minimum amounts could be worth  in the future everyone should assess the risk.
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December 22, 2015, 03:07:32 AM
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Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.In present days what mining is good to earn profits.I listened bitcoin is tooooo hard.If we want to mining bitcoin is 50GHZ/s is enough and what about 0.075 TH/s?

You should definitely search up some information on the Bitcoin Wiki. You might also want to search up some guides on how to mine altcoins and how altcoins work, before you come and ask this question here Smiley
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December 22, 2015, 06:52:54 AM
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Like people told u u need to inform yourself a bit more before posting this topic. I saw DEUR u can mine that coind with CPU, they also have some give away. U can try and i believe u dont have nothing to lose if u just try, maybe a little time and thats all. Also inform yourself about alt coin prices on some trade site.

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navaneet31 (OP)
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December 22, 2015, 07:18:42 PM
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Thanks for your great suggestions.Thanks
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December 22, 2015, 10:49:57 PM
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Some people suggested to mine altcoins what does it mean how can I do mining for altcoins.In present days what mining is good to earn profits.I listened bitcoin is tooooo hard.If we want to mining bitcoin is 50GHZ/s is enough and what about 0.075 TH/s?

You should research this subject on Google... Some of the algorithms of altcoins are different too.

And yeah difficulty increased a lot to make it almost impossible to profit from BTC mining so Altcoin mining is probably the premier solution for now.

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