MarsResident (OP)
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 06, 2016, 03:33:39 AM |
|
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine
|
|
|
|
DoublerHunter
|
|
July 06, 2016, 05:51:06 AM |
|
If you ask me i would go for ethereum because it's popular and many people are calling it as a bitcoin 2.0, But there is still a lot of coins to choose from so it's better if you do some research on google and i'm sure it will help you a lot because almost the answers are there. Oh i forgot, you can also dig some topic/threads on altcoin section in that section there are many members that discussing about the good coins that can be profitable.
|
|
|
|
merelcoin
|
|
July 06, 2016, 05:53:26 AM |
|
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine
Depends on your goals and resources. If your goal is learning how to mine, i'd pick up a dirt cheap second hand miner (a geccosciense stick for example, or an old S3) and experiment with mining bitcoin. You will not make any profit this way. If your goal is making a profit, you'll need to tell us your budget, electricity rate, knowledge, maybe even which GPU's you have at hand...
|
|
|
|
MarsResident (OP)
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 06, 2016, 06:01:30 AM |
|
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine
Depends on your goals and resources. If your goal is learning how to mine, i'd pick up a dirt cheap second hand miner (a geccosciense stick for example, or an old S3) and experiment with mining bitcoin. You will not make any profit this way. If your goal is making a profit, you'll need to tell us your budget, electricity rate, knowledge, maybe even which GPU's you have at hand... Right now I just have a laptop and pretty much no resources I am just looking for an easy coin to mine so that I can have my computer on during the day and get a few coins even if they arent worth anything my goal is just to figure out coins and maybe eventually find a way to start my own my friend has been telling me about all kinds of coins and told me that people make like 5 new ones every day
|
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3836
Merit: 6570
Looking for campaign manager? Contact icopress!
|
|
July 06, 2016, 06:08:48 AM |
|
Mining with laptop is a bad idea. Laptops are not as resilient as desktops are and mining means you use heavily your GPU and/or CPU continuously day after day. That may break your laptop sooner than you would like...
|
|
|
|
merelcoin
|
|
July 06, 2016, 06:09:44 AM |
|
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine
Depends on your goals and resources. If your goal is learning how to mine, i'd pick up a dirt cheap second hand miner (a geccosciense stick for example, or an old S3) and experiment with mining bitcoin. You will not make any profit this way. If your goal is making a profit, you'll need to tell us your budget, electricity rate, knowledge, maybe even which GPU's you have at hand... Right now I just have a laptop and pretty much no resources I am just looking for an easy coin to mine so that I can have my computer on during the day and get a few coins even if they arent worth anything my goal is just to figure out coins and maybe eventually find a way to start my own my friend has been telling me about all kinds of coins and told me that people make like 5 new ones every day Well... If it's just the learning experience you're after, you can try to download cpuminer-multi. I think this is their github page https://github.com/lucasjones/cpuminer-multi . You can search the forum for windows binaries. Afterwards, you can go to coinwarz.com and select the different algo's, maybe run a little benchmark for the different cpu-minable coins. In coinwarz, pick a coin with low diff, that way you have a (small) shot at mining a block and getting the real mining-experience Mind you: this is not the way to make any money... It's just an easy way of getting some experience without buying hardware!!! CPUmining is bad for your laptop!!!My advice would still be to pick up some obsolete ASIC, they're allmost free nowadays, and then use it to mine a sha256 coin. If you want the full mining experience, use the same trick as before: go to coinwarz, pick a sha256 coin with very low diff and mine that one
|
|
|
|
helloeverybody
Legendary
Offline
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
July 06, 2016, 06:24:32 AM |
|
If you ask me i would go for ethereum because it's popular and many people are calling it as a bitcoin 2.0, But there is still a lot of coins to choose from so it's better if you do some research on google and i'm sure it will help you a lot because almost the answers are there. Oh i forgot, you can also dig some topic/threads on altcoin section in that section there are many members that discussing about the good coins that can be profitable.
If i was a noob which i am, i wouldnt take any advice for recommendations. I particularly wouldnt decide to take ethereum since its sinking at the moment and its not looking promising that it going to even be able to make a comeback after the fork. ethereum would be super high risk. Its maybe time to go back to alts that have passed the test of time. Edit, I never saw that this was for mining. In that case you could mine ethereum to sell but i wouldnt reccomend buying any. Ethereum atm is still marginally profitable to mine fo rnow.
|
|
|
|
MarsResident (OP)
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 06, 2016, 06:25:38 AM |
|
If I used something besides my laptop what would be best to start with and how do you find coins that are meant for CPU or GPU or different things how do you tell the difference
|
|
|
|
merelcoin
|
|
July 06, 2016, 06:33:43 AM |
|
If I used something besides my laptop what would be best to start with and how do you find coins that are meant for CPU or GPU or different things how do you tell the difference
AFAIK, all coins should be CPU minable, the thing is, most of the time, the diff would be so high it's nearly impossible to mine a block with the cpu. Some algorithms are also suitable for GPU mining. I found this thread listing GPU minable coins: https://bitcointalk.org/index.php?topic=1349070.0That being said: the GPU in your laptop is most likely an onboard GPU, that's not really suitable for GPU mining. I'm still sticking to my original advise: buy a second hand ASIC on the forum (use escrow!!!), mine bitcoin or a low-diff sha256 altcoin, build some experience Don't expect to make any profit (not even enough to pay back the ASIC) https://cse.google.com/cse?cx=016660200577587308545%3Aesf40ml9aag&ie=UTF-8&q=wtb+antminer+s3&sa=Google+search#gsc.tab=0&gsc.q=wts%20antminer%20s3&gsc.sort=S3's used to cost $50-$75, with the halving around the corner, you might pick one up for even less than that...
|
|
|
|
MarsResident (OP)
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 06, 2016, 06:35:09 AM |
|
If Ethereum is good what about Uther
|
|
|
|
MarsResident (OP)
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 06, 2016, 06:49:16 AM |
|
That is awesome my friend told me about GEMS where they pay you to use the app but he said he never used it and when I looked at the app all the reviews were bad and people said the app either didnt work or they didnt get paid are their any other coins like STEEM
|
|
|
|
helloeverybody
Legendary
Offline
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
July 06, 2016, 06:54:49 AM |
|
If you plan on only using your cpu of your laptop then theres no coin thats going to give you any profit, your best bet is to at least gpu mine with a semi decent card. Even then you will be making a low profit but its a good start into mining and learning how to do it. You could mine a few that are worth less atm so mining at a loss but believe will go up in price in the future.
|
|
|
|
merelcoin
|
|
July 06, 2016, 08:18:14 AM |
|
It might be a nice way to get your hands on some coins to play with, but don't confuse a giveaway with mining. When you get payed some ALT's by making posts or something, you're participating in a giveaway, you'll learn nothing about mining. *disclaimer => i have never used STEEM or GEMS, so i cannot make any conclusion about them, they might be nice, i would never know.
|
|
|
|
hashed
Newbie
Offline
Activity: 37
Merit: 0
|
|
July 06, 2016, 08:30:50 AM |
|
Just download nicehash miner and start mining. It will automatically decide what is the most profitable coin at the moment. The best software for newbies.
|
|
|
|
Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
|
|
July 06, 2016, 09:15:29 AM |
|
What does best to mine mean ? And your topic title said nothing of mining.
What are you after ? Then you can get an appropriate answer..
|
FUD first & ask questions later™
|
|
|
stan26
Full Member
Offline
Activity: 195
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
July 06, 2016, 10:00:26 AM |
|
Dogecoin maybe, if you like not having to deal with decimal amounts and just whole numbers like 1, 10, 100, 1000.
|
|
|
|
MarsResident (OP)
Newbie
Offline
Activity: 14
Merit: 0
|
|
July 06, 2016, 10:06:25 AM |
|
I wasn't saying they were equal I was just saying that I heard about coins you could get for just using their apps and stuff are there any others the STEEM registration isnt working right now
|
|
|
|
raphma
|
|
July 06, 2016, 01:10:29 PM |
|
in your case, any new coin listed in ANN. just look for one that seems a good project with some future ahead, it will possible the get a few mining with your laptop and if at some point this coin really worth something you might even have some profit with this.
But remember, mining with a laptop it's not a good idea, you wont get enough hashpower and might even break your computer.
|
|
|
|
jjacob
Legendary
Offline
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
|
|
July 06, 2016, 01:31:54 PM |
|
in your case, any new coin listed in ANN. just look for one that seems a good project with some future ahead, it will possible the get a few mining with your laptop and if at some point this coin really worth something you might even have some profit with this.
But remember, mining with a laptop it's not a good idea, you wont get enough hashpower and might even break your computer.
New coins are highly risky. If he is a noob, there is a good risk that he might get sucked into one of the numerous pump-and-dump alts. Better to stick to established alts.
|
|
|
|
robelneo
Legendary
Offline
Activity: 3402
Merit: 1225
|
|
July 06, 2016, 01:34:03 PM |
|
I am new to bitcoin and my friend who uses bitcoins told me that it is better for new people to mine other coins what coins are best for new people and what coins are easiest to mine
If you want to mine altcoin I'll recommend a proof of stakes coin no expensive mining rig or equiptment all you need is a wallet of the coin you are mining with a coin on it.. Some of the most stable altcoins are cbx,rbies but if you want a start up coin take a look at chesscoin on announcement thread..
|
|
|
|
|