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Author Topic: Which of the altcoins is most profitable to mine?  (Read 292 times)
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August 17, 2018, 08:14:50 AM
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I do not know much about cryptocurrencies mining and I only tried to mine graft of recent with my CPU.  I want to ask experts here how profitable it is to mine altcoins and which of the altcoins is more profitable to mine? Also how much can one make from altcoins mining in a month?
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leonix007
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August 17, 2018, 02:35:05 PM
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I do not know much about cryptocurrencies mining and I only tried to mine graft of recent with my CPU.  I want to ask experts here how profitable it is to mine altcoins and which of the altcoins is more profitable to mine? Also how much can one make from altcoins mining in a month?

there are online calculators available to check which altcoin is profitable to mine

for GPU and CPU

https://www.cryptunit.com/

https://www.crypto-coinz.net/crypto-calculator/

for GPU and ASIC

https://whattomine.com/

those calculators are for today's estimates, and changed dramatically

So no one could at least tell you how much exactly or a profit for a month

Read also here

https://bitcointalk.org/index.php?topic=2208927.msg22248565#msg22248565
edwardceng
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August 17, 2018, 03:15:42 PM
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@leonix007 I doubt whether the OP really doesn't know about the mining of altcoins, why OP doesn't use the search function on this forum or can use google. but I want to be like you think positively about OP and share knowledge with OP even though I am not an expert here.

If you talk about profit, there are a number of things that can influence such as:
1. Hardware specifications
If only using a CPU, processor specifications are very important to determine your hashrate . If you use a Mining Rig (GPUs), the type and series of GPUs determine the hashrate

2. which coin do you want to mined
You must pay attention to the Network hashrate and Difficulty of the coin. this is directly proportional to the hashrate generated by your mining device.

3. Pool

4. Electricity and Internet costs in your country

Awesomus Maximus
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August 17, 2018, 05:37:38 PM
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If you ask in general, I would say mining is not profitable, especially the last couple of months. Last year you could make some profit with a higher end graphic card but this year not so much. I think CPU mining is not worth it at all. You have to purchase a GPU rig or specialized mining hardware to be able to extract some profit. What coin to mine is a question to be asked after you decide what type of mining you want to do: single GPU (nvidia or amd), GPU rig, or specialized ASIC hardware.
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August 17, 2018, 05:41:32 PM
 #5

Some very simple, basic answers for your questions you can read the full topic HERE

I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE"

No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later,  tomorrow, next week,  months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not  Grin
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...

! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !


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Isaremj3
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August 17, 2018, 08:15:00 PM
 #6

Sometimes, you guys that mine really make me laugh with some of your question like  Which of the altcoins is most profitable to mine.? How do you really make profit with this your mining things. Also, tell me just advise you that you should  trade by buying ICO or take part in bounty that may bring money than mining.
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August 17, 2018, 09:01:46 PM
 #7

You really need to do some work for yourself to get a solid answer to a question like this. People are keeping the well-paying coins a secret 'cause you know they are really profitable to mine and stuff Cheesy.

Keep your eyes and ears open for any hints, starting from here https://bitcointalk.org/index.php?board=159.0

batang_bitcoin
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August 18, 2018, 01:01:59 AM
 #8

Experiment with whattomine on what are the profitable altcoins that you can mine with your hardware.

It's not only about the profitable coins but it's also about the specs of your hardware/GPU/CPU and it depends on where you'll focus with those three.

The posts above are also commendable that you only have to invest what you afford to lose. Not only you're mining, you are expecting to make much.



 

 

 

 

 

 


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leonix007
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August 18, 2018, 02:25:44 AM
 #9

Sometimes, you guys that mine really make me laugh with some of your question like  Which of the altcoins is most profitable to mine.? How do you really make profit with this your mining things. Also, tell me just advise you that you should  trade by buying ICO or take part in bounty that may bring money than mining.

we have a two way scene, we could both mine and trade

by telling somebody to just stop mining and do the trade is also a lame

some people has the cheap power and could still has a profit by sitting around and let the machines do the job

and if it does trading, it could possibly make more gains



Deepcleen
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August 18, 2018, 10:22:04 AM
 #10

You can use the whattomine to find out which coin is more profitable to mine.
https://whattomine.com/coins?utf8=%E2%9C%93&adapt_q_280x=0&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=0&adapt_q_480=3&adapt_q_570=0&adapt_q_580=0&adapt_q_vega56=0&adapt_q_vega64=0&adapt_q_750Ti=0&adapt_q_1050Ti=0&adapt_q_10606=0&adapt_q_1070=0&adapt_q_1070Ti=0&adapt_q_1080=0&adapt_q_1080Ti=0&eth=true&factor%5Beth_hr%5D=150.0&factor%5Beth_p%5D=1000.0&factor%5Bgro_hr%5D=63.9&factor%5Bgro_p%5D=450.0&factor%5Bx11g_hr%5D=20.1&factor%5Bx11g_p%5D=420.0&factor%5Bcn_hr%5D=2580.0&factor%5Bcn_p%5D=330.0&cn7=true&factor%5Bcn7_hr%5D=4300.0&factor%5Bcn7_p%5D=1000.0&eq=true&factor%5Beq_hr%5D=1950.0&factor%5Beq_p%5D=1000.0&factor%5Blrev2_hr%5D=14700.0&factor%5Blrev2_p%5D=390.0&factor%5Bns_hr%5D=2460.0&factor%5Bns_p%5D=450.0&factor%5Btt10_hr%5D=27.0&factor%5Btt10_p%5D=450.0&factor%5Bx16r_hr%5D=21.0&factor%5Bx16r_p%5D=360.0&factor%5Bskh_hr%5D=54.0&factor%5Bskh_p%5D=345.0&factor%5Bn5_hr%5D=57.0&factor%5Bn5_p%5D=345.0&factor%5Bxn_hr%5D=4.8&factor%5Bxn_p%5D=360.0&factor%5Bcost%5D=0.16&sort=Profitability24&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=binance&factor%5Bexchanges%5D%5B%5D=bitfinex&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=cryptobridge&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=hitbtc&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=&commit=Calculate
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