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elissa (OP)
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November 30, 2017, 11:06:14 AM |
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What is more profitable to mine?
I have 4000 USD available to invest in mining. What is your advice? What equipment should I buy and what should I mine?
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ronnylov
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November 30, 2017, 11:27:35 AM |
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It changes all the time. What is profitable now may not be profitable in a month or a year from now. Maybe get something that is good at different algos is one approach and then buy Nvidia GTX 1080 Ti cards or GTX1070.
Another approach is by something that is very good at one algo like AMD Vega and cryptonight. Then try to find the most profitable cryptonight coin.
You could also go for CPU mining and buy a server with some good CPU with many cores. Could be profitable if you search for coins with CPU only mining. You can also run some masternodes on a server.
Or you can buy coins instead of mining gear and go for trading.
Maybe you can by some ASIC miner (don't know what you get for the price though).
You have to find your own strategy. Maybe study the market for a while before you deside what to do.
I think you can start small to learn what works and waht does not work before you put more money into it.
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Darmold
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November 30, 2017, 11:54:56 AM |
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1070 is best buy I think. For 4000$ you can get one rig with 6 x 1070 I think.
Depends on prices.
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okala
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November 30, 2017, 12:07:38 PM |
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Mining is profitable if you have electricity that the cost is very minimal. I think the cost of electricity determine to the large intent how much you can make from your mining investment. Some of the new altcoin are very profitable now includes bitcoin gold. If you want to mine bitcoin then S9 is one of the mining tools you can buy now and get good profits in future.
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crocozino
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November 30, 2017, 12:24:35 PM |
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right now best bang for your $$$ would be a rig with vega 56 cards
for if them seems to be working .... hm. more less stable -they will give you about 5-6 dollars from card per day
if you go to nvdida - gtx1080 ti will return 4-5 dollar per day, but no hustle - just plug and play
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IncomeCoin
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November 30, 2017, 12:35:43 PM |
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i have a nvidia 970 graphic, can i use it for mining ?
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btcneodev
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November 30, 2017, 01:19:49 PM |
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I think at the moment investing in ASIC get better ROI compared to GPU mining. Any kind of ASIC algo, you can check the cost of ASIC miner vs GPU mining on the ROI at whattomine.
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DevelopmentBank
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November 30, 2017, 01:27:03 PM |
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What is more profitable to mine?
I have 4000 USD available to invest in mining. What is your advice? What equipment should I buy and what should I mine?
A lot of factors come into play (like is your electricity cost less tha 0.1$ per kwh) but generally, diversification is key to investing not only in mining or bitcoin, but in most other cases as well. You can do research on google or checkout what is most profitable to mine on whattomine.com My personal advise to you is to just get the RX VEGAs and do GPU mining for beginners. Its not listed on whattomine but it is the most profitable GPU atm. |
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shibob
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Blockchain Evangelist.
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November 30, 2017, 05:07:21 PM |
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With 4000$ budget, you're able to build 1 rig 6x1070 Ti to mine many good altcoins: VTC, FTC, ZEN, ZEC, XZC, LBC, KMD; or pay a bit more for 12 x RX580 or rig with VEGA 56 to mine ETH or XMR.
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Frizz23
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November 30, 2017, 05:09:43 PM |
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With 4000$ budget, you're able to build 1 rig 6x1070 Ti to mine many good altcoins: VTC, FTC, ZEN, ZEC, XZC, LBC, KMD; or pay a bit more for 12 x RX580 or rig with VEGA 56 to mine ETH or XMR.
I'd go for XZC, it'll grow like crazy during the next period - you can mine around 0.7 coins daily with a mid-range nvidia rig. Good sig btw  |
Ξtherization⚡️First P2E 2016⚡️🏰💎🌈 etherization.org
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shibob
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December 01, 2017, 01:37:15 AM |
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With 4000$ budget, you're able to build 1 rig 6x1070 Ti to mine many good altcoins: VTC, FTC, ZEN, ZEC, XZC, LBC, KMD; or pay a bit more for 12 x RX580 or rig with VEGA 56 to mine ETH or XMR.
I'd go for XZC, it'll grow like crazy during the next period - you can mine around 0.7 coins daily with a mid-range nvidia rig. Good sig btw Yeah you're right. XZC price is going up, I think because it's in the way to add masternode, now they're building server for that. |
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