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Author Topic: Finding best new coins to mine  (Read 432 times)
Convington (OP)
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January 02, 2019, 01:02:01 PM
 #1

Hey guys,

I've been mining with a pretty basic 6 GPU system for some time now (a couple of years) and have mostly mined:  ETC, ETH, ZEC, and ETN.  I'm not getting great return (of course, bad time right now).  I have always used WhatToMine to determine what I should be mining, but it really doesn't take into account new coins and future profitability (possible). 

How do I go about finding new coins to mine?  I can determine the possibility of profitability (yeah, guessing) Smiley

This comes from mining ZEC and ETN lately and just simply not getting enough shares to matter whatsoever.   Like... mining for a full day and getting only 6 ETN is pretty useless unless that coin just goes nuts.  But I would have expected to be able mine at least 20/day for ETN with 6 GPUs.

Anyway... I could go on and on, just curious if there is a good way to find this info.
mikeywith
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January 02, 2019, 01:38:57 PM
Merited by suchmoon (7)
 #2

This website > coincalculators.io

it has an option of showing "low marketcap coins" it will show you bunch of coins that whattomine does not.

now this is very personal, but i think it's not the smartest idea to mine a coin that yet to see the light, the risk is as big as the reward, the way i treat mining is that i mine the most profitable coin based on BTC income, and then use the profit to buy some new shitcoins, i don't risk all my mining effort on shitcoins simply because we may never see another bull run like 2017 where every single coin got pumped,i believe the next rally will favour good projects only, most people realized that the majority of these low marketcap are not worth the investment. but again i could be wrong.

you can also check shittomine.com , it got lots of shit-coins to mine.

and by the way, you need to move your topic to ALT mining, this is BTC only space.

Good luck.

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Convington (OP)
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January 02, 2019, 02:23:23 PM
 #3

Crap - I don't see a way to move the post Sad

How do you determine "most profitable coin based on BTC income", maybe that is the part I'm missing.  I tend to look at the projects, try to determine their worthiness, then invest (when I'm trading or investing).  Mining - I've gone mostly off of WhatToMine, but still have only stuck with coins I felt had a good concept.

I'll check out both sites, but the last one sounds like coins I don't want to have or hold, lol.
romelitounknown
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January 04, 2019, 05:52:08 AM
 #4

Hey guys,

I've been mining with a pretty basic 6 GPU system for some time now (a couple of years) and have mostly mined:  ETC, ETH, ZEC, and ETN.  I'm not getting great return (of course, bad time right now).  I have always used WhatToMine to determine what I should be mining, but it really doesn't take into account new coins and future profitability (possible). 

How do I go about finding new coins to mine?  I can determine the possibility of profitability (yeah, guessing) Smiley

This comes from mining ZEC and ETN lately and just simply not getting enough shares to matter whatsoever.   Like... mining for a full day and getting only 6 ETN is pretty useless unless that coin just goes nuts.  But I would have expected to be able mine at least 20/day for ETN with 6 GPUs.

Anyway... I could go on and on, just curious if there is a good way to find this info.


Oh man that is bad for your ETN, I could mined 3 etn a day with my mobile phone lol. Seriously you have to mine SUQA coin instead of ETN. You just need to hold them and wait some time. If I were you , you need also to diversify into investing on any successfully running Crypto mining Company.
nc50lc
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January 04, 2019, 11:52:43 AM
Merited by suchmoon (7)
 #5

Crap - I don't see a way to move the post Sad
This board is quite fine as long as it's Altcoin Mining-related.
Scroll-down to the bottom of this page, look at the left corner and there should be a "move topic | lock topic" buttons there.

Quote from: Convington
-snip-, but still have only stuck with coins I felt had a good concept.
If you're also into trading, it doesn't matter if the coin has sick or stupid concept as long as it's not an obvious straight scam, you can grab/mine it as long as your rig(s) have good compatibility to its algorithm. The trick is to "join the hype before it build up" then sell at the right time like most traders do.
But if sites like whattomine suggests you that it's not recommended to mine the particular coin using your specs, it would probably be best to buy the the (cheap) coins than trying to mine them at low efficiency.
There are few exceptions, like if the coin has just released and the difficulty is still pretty low.

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Pagoda.to
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January 04, 2019, 03:42:11 PM
 #6

The coincalculators site is pretty good tool to see what coins to mine, you can see the marketcap and mining difficultly and go from there, once you have the hardware you can pretty much mine a lot of different coins
Bulitt
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January 04, 2019, 03:59:29 PM
 #7

I use minecryptonight.net mainly because my hardware is legacy and cryptonight is the only algo that works reliably on it.
modmalaney
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January 07, 2019, 04:49:59 AM
 #8

This website > coincalculators.io

it has an option of showing "low marketcap coins" it will show you bunch of coins that whattomine does not.

now this is very personal, but i think it's not the smartest idea to mine a coin that yet to see the light, the risk is as big as the reward, the way i treat mining is that i mine the most profitable coin based on BTC income, and then use the profit to buy some new shitcoins, i don't risk all my mining effort on shitcoins simply because we may never see another bull run like 2017 where every single coin got pumped,i believe the next rally will favour good projects only, most people realized that the majority of these low marketcap are not worth the investment. but again i could be wrong.

you can also check shittomine.com , it got lots of shit-coins to mine.

and by the way, you need to move your topic to ALT mining, this is BTC only space.

Good luck.
This is a pretty good site. I often find this reference when looking for what should be mined. If my opinion it will be satisfying to mine the coins it is definitely larger than taking the risk to new coins. Although yet to see its potential but looking at this competition the results of mining of new coins less attractive.
adaseb
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January 07, 2019, 05:59:28 AM
 #9

Pretty much what the above posters have said. If you find a profitable coin to mine, chances are so did some other large farms or group of miners and your profitability will be more or less the same as mining just ETH.

You're best bet if you got plenty of free time is to frequent the Announcement section of Bitcointalk and look for any new and upcoming potential coin launches. Many of them are ICOs so you can't mine but from time to time there is a mineable coin that is released.

Many of these will actually fail so you need to do your research and hope that the potential coin you are mining will eventually hit an exchange. Generally these coins all have very low difficulty because it has no market value yet and many don't want to waste their time. However there is huge potential.

Basically just like mining BTC 10 years ago seemed like a waste of time and electricity.
dmzworld
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January 08, 2019, 01:41:34 PM
 #10

Mining is a very good thing and is much lucrative if one can be so dedicated to it. I present to you a mining pool that is called Whalesburg. Whalesburg develop its own code. The Whalesburg mining pool is a 100% proprietary solution. It uses GoLang and the team reworked it from scratch to achieve maximum reliability. This is an opportunity you will like to be part.
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