Want to Start Mining, Where, How and What is needed [Where to start][April 2017]

[ivanst776]

It's been a while since mining seems to be profitable and I'm wondering now to start mining (even though it is late)

My questions are:

1. - What to mine?
1. a) Does Ethereum worth mining? If now what alternative worth?

2. - What equipment are best values and that reached the ROI in a short period of time?

3. - I'm counting 0 cent for electricity just to estimate the profit, I'm thinking to buy graphic cards but is there anything better or any other alternative?

Btw it costs $0.09 per kwh.

[1715580330]

1715580330

[coinzoid]

1) What to mine changes frequently. For gpu mining I recommend ETH if you have RX 480 and Zcash if you have GTX1070,80 etc.
2) RX480 has good ROI ATM for ETH mining. According to https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/ it is 141 days, but you have better power cost and if you use a gpu with modified bios maybe roi will be better. But if ETH price/block reward drops and difficulty increases then ROI will be longer.

I use 6 gpu rx 480 rig and mining eth +dcr as dual mine and I'm pulling around 900-1000 watts from wall.
3) You may consider buying ASIC miners but I have no idea if those would be better in terms of profit.

[ivanst776]

1) What to mine changes frequently. For gpu mining I recommend ETH if you have RX 480 and Zcash if you have GTX1070,80 etc.
2) RX480 has good ROI ATM for ETH mining. According to https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/ it is 141 days, but you have better power cost and if you use a gpu with modified bios maybe roi will be better. But if ETH price/block reward drops and difficulty increases then ROI will be longer.

I use 6 gpu rx 480 rig and mining eth +dcr as dual mine and I'm pulling around 900-1000 watts from wall.
3) You may consider buying ASIC miners but I have no idea if those would be better in terms of profit.

I'm thinking to purchase multiple RX 480 but I'm seeing that RX 470 has a better ROI time (reaching it faster)

What I'm wondering more is about what coin to mine, I think only Ethereum but how do you dual mine? Does it dedicate all hash power to both coins or it is split into both of them equally?