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Author Topic: what to mine on 2016?  (Read 3522 times)
btcguys910 (OP)
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August 24, 2016, 11:24:57 PM
 #1

Hi
As the title says..
What do you suggest mining on 2016?

I have been mning Monero for the last couple of days (using my CPU/GPU using software Minergate.. (maximum i get is from 10 to 40 H/s) have only mined 0.011 having it on for 3 days straight day and night.. so i dont know...

What do you suggest i do for speeding Monero mining? or should i switch to another coin?

Any help would be much appreciated.
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August 25, 2016, 12:03:46 AM
 #2

I think its pretty pointless mining these days, even with a gpu.  Anything that is worth something usually has a high diff,  you need to get in on something early, try watching the altcoin announcments section and hope the one you pick is massive eventually, although beware there has been cases of people downloading software for new coins that has contained malware.
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August 25, 2016, 01:14:11 AM
 #3

Forget CPU mining, only do it if there is new altcoin which is not infested with stupid botnet farms, good example is steemit but they have different problem, you can not cash out now Sad

Would be gr8 if someone take a concept from steemit release a POW CPU coin which can not be mined by pools and botnets, the this coin would have a big chance to be profitable and usable by honest miners which pay electricity and respect coin

GPU mining profitability is down day by day, as usual

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btcguys910 (OP)
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August 25, 2016, 01:50:48 AM
 #4

Forget CPU mining, only do it if there is new altcoin which is not infested with stupid botnet farms, good example is steemit but they have different problem, you can not cash out now Sad

Would be gr8 if someone take a concept from steemit release a POW CPU coin which can not be mined by pools and botnets, the this coin would have a big chance to be profitable and usable by honest miners which pay electricity and respect coin

GPU mining profitability is down day by day, as usual

So mining Monero isnt worth it?
Do you think it will not get higher?
Yaminat
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August 25, 2016, 07:47:16 AM
 #5

Forget CPU mining, only do it if there is new altcoin which is not infested with stupid botnet farms, good example is steemit but they have different problem, you can not cash out now Sad

Would be gr8 if someone take a concept from steemit release a POW CPU coin which can not be mined by pools and botnets, the this coin would have a big chance to be profitable and usable by honest miners which pay electricity and respect coin

GPU mining profitability is down day by day, as usual

So mining Monero isnt worth it?
Do you think it will not get higher?

Monero is basically a CPU botnet coin. So it is not worth mining it with GPU in the long term. I will just mine Ethereum.

loremipsum
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August 26, 2016, 08:47:25 AM
 #6

HODL coin is one of the newest CPU only minable coins but you have to hold the coins for at least a year before you can spend them.

There is a mining calculator here:
http://samuelpj.github.io/hodl-mining-calc/

Also Pebblecoin, its cryptonight but to avoid botnets you have to have at least 13GB or ram to mine it!

ImHash
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August 27, 2016, 09:17:11 AM
 #7

Well from the looks of it for time being ETH/LTC/DOGE/LSK/DASH, are trending nicely and I think for this year those coins are the best to mine while there is a long line of coins just waiting to be mined, still these coins are most popular among others because of the price and of course exchange volumes.
Yaminat
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September 07, 2016, 01:14:36 PM
 #8

Well from the looks of it for time being ETH/LTC/DOGE/LSK/DASH, are trending nicely and I think for this year those coins are the best to mine while there is a long line of coins just waiting to be mined, still these coins are most popular among others because of the price and of course exchange volumes.

For the ETC and ETH, the profitability is very similar as miners and moving between the two all the time at present.

nerdralph
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September 07, 2016, 01:19:12 PM
 #9

For GPU mining, just stick with eth.  On a monthly average basis, I doubt you'll find another coin that provides a significantly higher return.
alevlaslo
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September 08, 2016, 12:01:22 PM
 #10

https://bitcointalk.org/index.php?topic=1610345.0

Sale the first NFT of the first foto
NeuroticFish
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September 08, 2016, 12:07:17 PM
 #11

If you want to mine Monero, from what I know a CPU with AES-NI support have pretty similar hash rate as a GPU and the CPU power consumption is much lower.
With the rise of XMR price it may be profitable to mine it now, but I expect the price to fall/correct some more, so you have to keep your eyes on the price as much as you can.

I've heard nice words on ETH/ETC GPU mining, it may worth a try (I lack the hardware for that now).

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Yaminat
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September 29, 2016, 06:24:57 PM
 #12

If you want to mine Monero, from what I know a CPU with AES-NI support have pretty similar hash rate as a GPU and the CPU power consumption is much lower.
With the rise of XMR price it may be profitable to mine it now, but I expect the price to fall/correct some more, so you have to keep your eyes on the price as much as you can.

I've heard nice words on ETH/ETC GPU mining, it may worth a try (I lack the hardware for that now).

if the difficulty of the Monero mining riese again, it is only profitable for the people with very cheap electricity prices.

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October 30, 2016, 10:58:36 AM
 #13

Zcash

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November 21, 2016, 01:57:36 PM
 #14

Zcash


ZCash is not very profitalble to mine. now. If you have options, it is more profitable to mine the Ethereum now.

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December 02, 2016, 08:52:51 AM
 #15

Dash

I would think this coin will definitely go up in the future!.
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December 02, 2016, 09:06:39 AM
 #16

Dash

I would think this coin will definitely go up in the future!.

This is a joke right? You forgot there are X11 ASICs out there already?

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December 03, 2016, 09:29:39 AM
 #17

Best coin to mine would be Zcash at the moment as it is getting stabilized and we can expect to see it gaining more price in coming months. XMR is another candidate. ETH is getting pretty hard to mine with 2 GB cards.
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December 17, 2016, 04:25:34 PM
 #18

Best coin to mine would be Zcash at the moment as it is getting stabilized and we can expect to see it gaining more price in coming months. XMR is another candidate. ETH is getting pretty hard to mine with 2 GB cards.

Not any more. It is more profitable to mine the Ethereum now.

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December 17, 2016, 04:58:58 PM
 #19

ETH, Monero, Zcash in that order on 470 4g stock clocks with 1500 straps.

I think monero is a winner because of the low power consumption but it is cold as balls so the extra heat isn't a problem.  Depends also on your gpu arrangement as well to which coin is the best to mine, for YOU. 

All coins are in toilet
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December 17, 2016, 05:02:10 PM
 #20

Hi
As the title says..
What do you suggest mining on 2016?

I have been mning Monero for the last couple of days (using my CPU/GPU using software Minergate.. (maximum i get is from 10 to 40 H/s) have only mined 0.011 having it on for 3 days straight day and night.. so i dont know...

What do you suggest i do for speeding Monero mining? or should i switch to another coin?

Any help would be much appreciated.

Why not mine with your hard drive instead? That's probably the best thing you can do.
Search for a coin such as BURST. They use Proof of Space by plotting data on the drive in order to measure it's capaciy and pay you in that way instead.
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