Bitcoin Forum
December 14, 2017, 08:07:34 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Share Your Experience in Altcoin Mining & Profitability  (Read 1218 times)
Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
February 28, 2014, 06:28:07 PM
 #1

I'm a little confused about which coins to mine with my Asics...?! Because of huge difficulty, BTC is less profitable now, so must find better coins for mining...

I use online tools - coinchoose, coinwarz, etc. - for watching profitability but you never know exactly what is the best to mine at a time; sometimes I feel like wasting my time trying to do this...  Huh

However, I am thinking seriously to choose few good coins, possible 3+, one for each of my asic rigs and stop searching and researching!  

There are probably some topics about profitability calculation and so on, but what I'd like to see here is share of experience about your results and success with any exotic and noble altcoins. Still, BTC is Gold and LTC is Silver, but I am looking for Platinum and Palladium  Smiley

Thus, any ideeas, advice, or experience shared about SHA256 coins mined and the result got will be deeply appreciated.

Thank you.

1513282054
Hero Member
*
Offline Offline

Posts: 1513282054

View Profile Personal Message (Offline)

Ignore
1513282054
Reply with quote  #2

1513282054
Report to moderator
1513282054
Hero Member
*
Offline Offline

Posts: 1513282054

View Profile Personal Message (Offline)

Ignore
1513282054
Reply with quote  #2

1513282054
Report to moderator
1513282054
Hero Member
*
Offline Offline

Posts: 1513282054

View Profile Personal Message (Offline)

Ignore
1513282054
Reply with quote  #2

1513282054
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
jimmothy
Hero Member
*****
Offline Offline

Activity: 770



View Profile
February 28, 2014, 10:21:55 PM
 #2

Altcoins are only more profitable for a short period of time so it is pointless.

Unless you are using an autoexchanging pool or trading yourself but that is a lot of extra work/risk.

I'd just stick to mining btc.
Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
February 28, 2014, 10:53:45 PM
 #3

Altcoins are only more profitable for a short period of time so it is pointless.
Unless you are using an autoexchanging pool or trading yourself but that is a lot of extra work/risk.
I'd just stick to mining btc.
Thanks. I am also trading sometimes. I don't know any auto exchanging pool; can you give a link to one?
However, I will also google search...

Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
February 28, 2014, 10:57:12 PM
 #4

I found middlecoin auto exchanging pool but this doesn't help much in profitability, as you do not have control on your coins price...

jamesc760
Sr. Member
****
Offline Offline

Activity: 448



View Profile
March 01, 2014, 12:50:59 AM
 #5

Middlecoin has been returning low profits the past few weeks, their miners fled to other auto-switching pools like wafflepool and clevermining. I wouldn't touch middlecoin if I were you.
Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
March 01, 2014, 07:46:05 AM
 #6

Middlecoin has been returning low profits the past few weeks, their miners fled to other auto-switching pools like wafflepool and clevermining. I wouldn't touch middlecoin if I were you.
Thanks for sharing. I am not going to join their pool. Other people also complianed, so will stay away. Still looking to choose good ones. Would like to make a kind of list with top pools that are reliable and profitable. I am mining now with one avalon 200ghs on Bitcoin.cz but not really satisfied with daily profits. I will also learn more about clevermining and wafflepool.

Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
March 01, 2014, 07:56:23 AM
 #7

Comparing Wafflepool and Clevermining:

Wafflepool states their fee rate and Clevermining doesn't, but has a fee structure that increases based on mining revenue. This fee effects the profitability and it is one thing that I consider in choosing a pool.

Graphs on Clevermining are fantastic, but Wafflecoin doesn't have. It's hard to make a decision without all the info. So basically with no info on how high Clevermining fees goes I will have to stick with Wafflepool as it is also competitive on profitability. I also believe in transparency.

Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
March 01, 2014, 08:22:26 AM
 #8

Does anyone uses Megamultipool.com? It looks good, but I'd like to find out from people who are or were mining with this pool. Thanks.

wijnand1
Jr. Member
*
Offline Offline

Activity: 31


View Profile
March 01, 2014, 03:34:26 PM
 #9

I've been using megamultipool for the last couple of days, so far so good. The hashrate does not seemd to be very accurate since it is sometimes higher than my miner states.
Teodor
Sr. Member
****
Offline Offline

Activity: 252


View Profile
March 01, 2014, 06:32:54 PM
 #10

I've been using megamultipool for the last couple of days, so far so good. The hashrate does not seemd to be very accurate since it is sometimes higher than my miner states.
Thanks. It seems the same with mining.bitcoin.cz sometimes.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!