What is the best altcoin to mining this year?

[Qspace]

I start to digging about altcoin mining, what is the criteria to choose the altcoins to mining?
I think i should be:
-Price and potential to growth
-The mining cost(hardware + power) per $ mining
-Depreciation of hardware.
An you guys help me to brainstorm about these?

[1714559122]

1714559122

[1714559122]

1714559122

[1714559122]

1714559122

[edwardceng]

I start to digging about altcoin mining, what is the criteria to choose the altcoins to mining?
I think i should be:
-Price and potential to growth
-The mining cost(hardware + power) per $ mining
-Depreciation of hardware.
An you guys help me to brainstorm about these?

It's true.
But most important is knowing the miner about mining. How the miner switch the coin profitable. knowlegde about choose the GPU series and using those at the algorithm right. And last the miner knowledge how to maintain the hardware.

[leonix007]

I start to digging about altcoin mining, what is the criteria to choose the altcoins to mining?
I think i should be:
-Price and potential to growth

This is a bit tricky and somewhat a challenge as you have to consider your daily cost, so most miners are usually chasing what is the most profitable at present and not focused on coin growth.

-The mining cost(hardware + power) per $ mining

overpriced or out of stock hardware, its not easy to build without going thru with these two nowadays.

-Depreciation of hardware.

GPU's are more likely least depreciated

[Qspace]

I found the post here
https://steemit.com/bitcoin/@kingscrown/the-best-coins-to-mine-with-gpu-cpu-right-now-eth-algo-rocking-it

The calculation is more complicated with me now. Because the difficult is changed real time. So we must look at many parameter for choosing the best altcoin to invest.

[manji]

I found the post here
https://steemit.com/bitcoin/@kingscrown/the-best-coins-to-mine-with-gpu-cpu-right-now-eth-algo-rocking-it

The calculation is more complicated with me now. Because the difficult is changed real time. So we must look at many parameter for choosing the best altcoin to invest.

If too spend time on calculating. In fact, a calculate sometimes not match to the reality because of the price of the coin very fluctuating.
It could be when you count a certain coin, the coin is down, then you decide not to mine it. It turn out when a few minutes or hours of coin is rising in price and very profitable.

[Qspace]

There are 3 commons algorithms: SHA-256, ethas and Scrypt. Can we choose a hardware system that suitable for 3 algorithms above, so we can switching between different coin to achieve the highest profit?

[leonix007]

There are 3 commons algorithms: SHA-256, ethas and Scrypt. Can we choose a hardware system that suitable for 3 algorithms above, so we can switching between different coin to achieve the highest profit?

I'm afraid haven't heard of such mining machine that could mine the 3 algo you mention,

https://bitcointalk.org/index.php?topic=2041501.0

what you could do is to have or buy mining machines to each algo

SHA-256 - ASIC https://shop.bitmain.com/productDetail.htm?pid=00020180223140521580d8fsikKK06CB


Scrypt - ASIC https://shop.bitmain.com/productDetail.htm?pid=000201802231346322280rNE8Q2F0627


Ethash - GPU soon to be ASIC

[gomeZLTC]

Ethash - GPU soon to be ASIC

still rumors and prediction.

[Turocik]

Ethash - GPU soon to be ASIC

still rumors and prediction.

agree, this is most likely not true ...

[skymia]

An other option is to donating your GPU computing power (and get MEDIC coins rewards) to support protein folding at home project of Stanford University through MEDIC Coin's folding at home initiative.
https://bitcointalk.org/index.php?topic=2753447.0