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Author Topic: Anything good to mine?  (Read 1094 times)
sparker327 (OP)
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August 22, 2018, 02:56:40 PM
 #1

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...
revenant2017
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August 22, 2018, 03:37:05 PM
 #2

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...
Nothing is really good to mine now specially with GPU and Altcoins. The ASICS already invaded Equihash algorithm. The good thing to do now is to sell the GPU's or find another way of making money into it.
ciprianpt
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August 22, 2018, 04:04:38 PM
 #3

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...

Depends what are you looking for when you say "good".. long/short term.. Smiley there are some good projects/coins that worth to try.

https://1stMiningRig.com - Just Another Mining Blog Smiley
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August 22, 2018, 04:07:26 PM
 #4

dyor.
crairezx20
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August 22, 2018, 04:07:58 PM
 #5

Well, as of now there is no good coins to mine that is why I sacrifice the other rigs to mine shitcoins for short term because it gives me profit than staying mining with ethereum.  

Try to use this https://coincalculators.io and https://whattomine.com
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August 22, 2018, 04:12:01 PM
 #6

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...
Nothing is really good to mine now specially with GPU and Altcoins. The ASICS already invaded Equihash algorithm. The good thing to do now is to sell the GPU's or find another way of making money into it.
It seem all proof of work mining are being phased out. I can barely make 3$ a day  from my ASIC btc, even with cheaper electricity
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August 22, 2018, 05:27:49 PM
 #7

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...

Well, if you dont know where to mine, Nicehash then. Or sell your GPU and buy presale MN, you can take a look at coin2play, c2p isnt listed yet so I dont know if you ganna make a fortune or poop.

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August 22, 2018, 05:39:25 PM
Merited by leowonderful (1)
 #8

It seem all proof of work mining are being phased out. I can barely make 3$ a day  from my ASIC btc, even with cheaper electricity


This makes no sense. Because profitability is not where you think it should be, somehow PoW is getting phased out? There is nothing out there even close to replacing it. Go take a look at how bad the PoS stuff for ethereum has gone....
leowonderful
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August 22, 2018, 06:02:27 PM
 #9

I definitely agree PoW isn't going anywhere in the near future, as PoS just isn't going to cut it for completely replacing PoW- it's got too many issues as of now, and I'm not saying there aren't better proof systems out there, but PoW is currently the best option.

Assuming you're using an S9, you have electrical costs of around $0.02/kWh- you're still better off than most people are with SHA256, and profitability dropping is just a part of mining. It's unfortunate that you're not making more with your SHA256 ASIC, but PoW's working just fine.
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August 22, 2018, 07:10:03 PM
 #10

If you trust coincalculators or whattomine or coin-warz blindly there's your first problem Smiley

I'm thinking of putting together a course on the fundamentals of how to correctly calculate profitable opportunities, message me if you're interested.
0ethereum0
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August 22, 2018, 07:39:24 PM
 #11

GPU mining is now not profitable but if you really believe in a coin it is totally worth it. but the coin need to be asic proof other wise it is not profitable.

If you do some research on youtube or google you defintly find 'good' GPU/CPU coins.
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August 22, 2018, 08:01:10 PM
 #12

It is sad to say that GPU mining is in a current low, PoW is unsustainable in the long term. Yet as people said before here PoW is the best Proof system currently, the others are energy efficient but have way to many issues. PoS is a great option but it needs ALOT of work before completely replacing PoW If it ever could!

But if you dont have a coin you really like and want to mine I would suggest NiceHash to keep your miners working and making something at least. It auto-changes algo to keep profitability up, this being said GPU mining is still very low ATM.
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August 22, 2018, 08:22:00 PM
 #13

Its better to mine newer coins with low supply ,now that difficulty is low ,I'd try out few cryptonight coins like festival coin ,italo and haven ,one more thing ,don't look at the profit ,go after quantity ,this coins are good projects and am sure they will moon if Btc raise or not .that's why it's better to mine newer coins ,profits is always higher

revenant2017
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August 23, 2018, 05:31:01 PM
 #14

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...
Nothing is really good to mine now specially with GPU and Altcoins. The ASICS already invaded Equihash algorithm. The good thing to do now is to sell the GPU's or find another way of making money into it.
It seem all proof of work mining are being phased out. I can barely make 3$ a day  from my ASIC btc, even with cheaper electricity
Yes. Thanks to cryptobubble and corporate level GPU mining. It completely kills the idea of being Democretized/Decentralized nature of Cryptocurrency.
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August 23, 2018, 07:04:35 PM
 #15

You could try binarium money!..CPU only..It looks like very promising Masternode to have. Wink
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August 23, 2018, 10:36:48 PM
 #16

Whattomine.com is your best bet in any way, just mine anything that's most profitable, then exchange them in coin which you think has great potential of rise. Seems you created this thread because you don't have idea what to hold. To my mind there are two best options: mine with nicehash and hold bitcoins, it will rise a lot, I highly believe it for some reasons. Mine most profitable coin with the GPU or Asics you own and exchange them in monero. This coin is more anonymous than bitcoin, so monero may be a future.

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sparker327 (OP)
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August 23, 2018, 10:47:31 PM
 #17

dyor.

I have, but thanks for such an insightful post.. you win the internet.
sparker327 (OP)
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August 23, 2018, 10:50:34 PM
 #18

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...
Nothing is really good to mine now specially with GPU and Altcoins. The ASICS already invaded Equihash algorithm. The good thing to do now is to sell the GPU's or find another way of making money into it.

that's how I've been feeling. Was just curious if anyone had any good "mining" coins out there I might have missed. I don't CPU or ASIC mine anymore, that shipped sailed a long time ago. I was using my GPU's and rather enjoying finding new coins to throw them at. Now, it just seems no matter how much I look for one, I cant find anything interesting and not ICO related. thanks
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August 24, 2018, 12:13:08 AM
 #19

Even if someone knew a coin that gives now 10$/ti(yeah right  Grin Cheesy)  as soon as it would be posted here the profitability would plummet to NH levels.

Problem is it's just not 2017 anymore, no one is throwing bitcoin at random shitcoins so you have most coins launched priced at nothing.
Add to this that there are easy 3x more gpus now than a year ago, a big network(Zcash) did a 180 on their ASIC resistance stance and fucked all gpu miners and while I don't belive the eth network to be overtaken totally by ASICs, eth is now at a yearly low and is still the biggest gpu POW player by far, there is no other network that gets close to it in $$/day paid to miners.

Still nothing to say that all this is dead, not by far.
 
revenant2017
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August 24, 2018, 03:56:03 PM
 #20

After years of mining I'm in the "boring" category with nothing good currently to mine or that I can find on the horizon. Anyone have anything good they are mining I might have missed or coming up? I'm sure there are others out there who are starting to feel the same...
Nothing is really good to mine now specially with GPU and Altcoins. The ASICS already invaded Equihash algorithm. The good thing to do now is to sell the GPU's or find another way of making money into it.

that's how I've been feeling. Was just curious if anyone had any good "mining" coins out there I might have missed. I don't CPU or ASIC mine anymore, that shipped sailed a long time ago. I was using my GPU's and rather enjoying finding new coins to throw them at. Now, it just seems no matter how much I look for one, I cant find anything interesting and not ICO related. thanks

Like you, i also have a GPU that hasn't been sold until now(So hard to sell due to competition). I discovered some new coins but they're really not that profitable if we rely on the risk-level of the coin. Technically speaking, the best thing for NVIDIA to mine right now is Bitcoin Gold.
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