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Author Topic: What To Mine  (Read 372 times)
GoneRogue2018 (OP)
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April 12, 2018, 03:30:33 AM
 #1

I am a fairly new miner. I have an RX580 and GTX 1080 in my computers for a total of 54.521 MH/s using PheonixMiner on Windows 10. I do not have the patience to wait days for a payout with ETH, so I mine UBIQ in a pool. Is this just a stupid decision, or do many people do this to receive coins quickly?
nsummy
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April 12, 2018, 03:34:08 AM
 #2

http://whattomine.com/
GoneRogue2018 (OP)
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April 12, 2018, 03:47:33 AM
 #3


Yes, I've been there and it always tells me ETH, with UBIQ usually right below it. With my impatience, I think I'll be OK. And if/when UBIQ grows, like it did yesterday, I'll be better for it. Thank you the reply.
bobo012
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April 12, 2018, 04:37:22 AM
 #4

I am a fairly new miner. I have an RX580 and GTX 1080 in my computers for a total of 54.521 MH/s using PheonixMiner on Windows 10. I do not have the patience to wait days for a payout with ETH, so I mine UBIQ in a pool. Is this just a stupid decision, or do many people do this to receive coins quickly?

I have been mining zcash and ether lately. Now that asics are gone from the Monero chain i might look into that. Especially when asic machines start to ocuppy ether more.
Mrsmoker
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April 12, 2018, 04:39:25 AM
 #5

to choose what you gonna mine, you have to research and place hope in them Grin whattomine is only 1 factor of many consideration.
smoolae
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April 12, 2018, 04:44:17 AM
 #6

What to mine isn't the best website to use. You can stumble on a much more profitable coin from reading Altcoin(Announcements) subforum Smiley


mindrust
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April 12, 2018, 05:22:39 AM
 #7

Whattomine isn't the best source to check profitability anymore. It was only fine while we were in a bull market. There are many coins with a lot better profitability than eth, monero, zcash etc. You just  have to search them manually on  coinmarketcap.com

Since you are a GPU miner, you should take a look at ravencoin imho.

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Cryptoipad
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April 12, 2018, 07:09:23 AM
 #8

The mining process of blockchain needs Eth to proceed. It is popularly called the fuel that runs Ethereum. It is a less expensive way of running transactions on the network when compared to buying Eth.Before you begin, remember that the actual amount of hard cash you will make from doing this will vary depending on the mining difficulty, the fluctuating price of Eth and how powerful your hardware is. MinerGate has a built in benchmarking tool to give you a rough idea how much you stand to make per year, although this does not take into account the electricity used by your machine of minig system.This transaction is recorded on a digital ledger for the parties to see as part of the technology known as blockchain. Each so called block is placed only with the help of outside forces known as Bitcoin miners, so named because they are doing work to mine new coins just as people might mining discussion.
jillscarbrough
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April 12, 2018, 07:32:10 AM
 #9

I am a fairly new miner. I have an RX580 and GTX 1080 in my computers for a total of 54.521 MH/s using PheonixMiner on Windows 10. I do not have the patience to wait days for a payout with ETH, so I mine UBIQ in a pool. Is this just a stupid decision, or do many people do this to receive coins quickly?

Reduce receiving coins time also one of profitability variable, cause profitability related to time, and also other things. So you are in the right direction, but the other problems is that coin itself, whether that coin has another variable that meets requirements of profitability? (nethash, diff, price and another thing that related to profitability).

Do your own research to find most profitable coins.
leonix007
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April 12, 2018, 09:15:00 AM
 #10

Patience is virtue, that's proven especially in mining,

You have to be patient in looking profitable coins

you have to be patient in timings when to sell coins

you have to be patiently waiting

 but it doesn't refer to high diff coins like eth,  Cheesy
adaseb
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April 12, 2018, 09:24:05 AM
 #11

I am a fairly new miner. I have an RX580 and GTX 1080 in my computers for a total of 54.521 MH/s using PheonixMiner on Windows 10. I do not have the patience to wait days for a payout with ETH, so I mine UBIQ in a pool. Is this just a stupid decision, or do many people do this to receive coins quickly?

If you want the most profit with those 2 GPUs you should mine 2 algos seperately

Mine ETH with your RX580 you should get 30Mhs
Mine ZEC with your 1080, you should get like 600hs.

Don't mine ETH with your 1080. Weird memory and not optimized

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..Play Now..
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swogerino
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April 12, 2018, 10:19:53 AM
 #12

Nvidia gtx 1080 is powerful mining lyra2rev algos and neoscrypt and of course zcash. Check which one of these three is the best option for you and stick with it.

For rx 580 eth or monero, in fact my colleagues have switched this morning their computers to monero as it is more profitable to mine,well until now. We are keeping an eye on them.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
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MATTX
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April 12, 2018, 12:13:04 PM
 #13

Check dero. New Blockchain in development from scratch and very knowledgeable and talented devs.

The idea isn't to build something that is fancier than it needs to be. But the idea is to innovate and keep pesky asics off the network in a way that shows everyone the dero team's technical ability. If making a new algo for each block is unreasonable/crazy then the team doesn't need to spend months banging their head up against the wall trying something they cant make happen. But if we can differentiate dero, before smart contracts are launched, from other cryptonote coins that says a lot about the Captains ability to make new tech. He has already proved he has insane ability. Re-writing a protocol in a new language from scratch is not easy. But if he can make a new protocol before smart contracts, at that point I would need to sell the farm to go all-in.

PS:
anyone who thinks this isn't that big of a feat, go back to the monero hydra we forked from originally and try to understand the code. Dependencies on dependencies on dependencies, you have to understand blockchain, cryptography, bitwise operators, cryptonote public/private key schemes which are very complex. This guy re-wrote everything in a short amount of time, he can make computers do crazy things. He can also make a blockchain however he damn pleases


DERO: Privacy + Smart Contracts
Dero has written its own blockchain completely from scratch and we are on our blockchain now.
DERO is completely new CryptoNote blockchain in Golang.
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Download Pre-compiled binaries for MacOS, FreeBSD, NetBSD ,Linux, Windows, Solaris etc. from: http://seeds.dero.io/alpha/

Before you scroll further, Read  DERO article : https://medium.com/@867cryptocurrency/dero-a-new-blockchain-technology-that-brings-cryptonote-privacy-together-with-smart-contracts-4cc4972c81f8

WHITEPAPER:  https://github.com/deroproject/documentation/blob/master/WhitePaper.md
WEBSITE: https://dero.io/
FORUM : https://forum.dero.io/
EXPLORER : https://explorer.dero.io
EXPLORER : http://dero.live:8080/
TWITTER: https://twitter.com/DeroProject
POOLS LIST: https://forum.dero.io/t/dero-mining-pool-list/147
   Official Pool: http://pool.dero.live/

Exchanges & Stats:
https://stocks.exchange/trade/DERO/BTC
https://www.southxchange.com/Balance/Index/DERO
https://coincodex.com/crypto/dero/

How to join DERO Network in 2 mins?
Choose your OS and arch(32/64 bit) from MacOS,FreeBSD, NetBSD, Linux, Windows, Solaris, Raspberry Pi or any arm device etc. and download pre-compiled binaries from http://seeds.dero.io/alpha/
Start derod* and wait for sync around 20-60 mins depending on Network and CPU speed.
In Parallel start dero-wallet* and using menu create DERO address and save your seed.

Bitcointalk https://bitcointalk.org/index.php?topic=2525508

DERO: CryptoNote Privacy + Smart Contracts   (https://bitcointalk.org/index.php?topic=2525508)
[YAZ]
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April 12, 2018, 07:15:11 PM
 #14

I would recommend based on my own experiences ETH or XMR.

OP isn't patient enough to wait few days for a payout with ETH since with that two GPU OP need more time to reach a minimum payout.
GoneRogue2018 (OP)
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April 14, 2018, 02:21:27 AM
 #15

Thanks all for your answers. Points me in a new possible direction, but first, everyone stated "Do your research", so I will start there.
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April 14, 2018, 04:06:17 AM
 #16

I also noticed manipulating the extraction of coins through this site more than once.
it is better to look for promising coins that are not on WTM
Mohondoa
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April 14, 2018, 05:27:05 AM
 #17

Until to day i still mining ethereum, but after this month i will try mining the monero coin. What information i have get, that coin more profitable to mining. And it's have a good future. Smiley
jillscarbrough
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April 14, 2018, 05:33:19 AM
 #18

Until to day i still mining ethereum, but after this month i will try mining the monero coin. What information i have get, that coin more profitable to mining. And it's have a good future. Smiley
and don't forget that a depends on from electricity billing in every country because electricity for miners from the west and miners from the east is different.
smoolae
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April 14, 2018, 07:07:03 AM
 #19

Until to day i still mining ethereum, but after this month i will try mining the monero coin. What information i have get, that coin more profitable to mining. And it's have a good future. Smiley

Monero uses Cryptonight algo, good for AMD products and also uses less electricity than Ethash so the room stays cooler (that's a great thing considering upcoming summer).

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