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Author Topic: mining low difficulty coins  (Read 11723 times)
ikicha
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May 16, 2019, 05:59:58 AM
 #41

bzedge, BCRM, rito and mix are examples of low diff coins. Most profitable right now? no, but you are doing speculative mining, right?
So profit may come long after.

If you are not against top-100 tokens, try to mine Grin. This cryptocurrency is based on the Mimblewimble protocol. This network is distinguished by increased confidentiality, scalability and reduced blockchain size. Despite the limited supply of coins, Grin has already gained recognition even among altcoin opponents. This is one of the best cryptocurrencies for mining in 2019.

Oh no no no
Please. dont GRIN.
GRIN have very high inflation, and we has see price downtren every day.
But, if you have NVIDIA GPU resource, you can mine some GRIN, but dont all in, lol
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May 16, 2019, 06:43:57 AM
 #42

For high returns you need to look at new coins which are always risky. Veil is a good project so worth a go, another low market cap coin is deeponion which is already on kucoin

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May 16, 2019, 10:24:21 AM
 #43

Haven't been a miner and never bothered to know how profitable it is but I am here because of veil and I think it is a good venture and profitable so to say, have seen a lot of persons mining veil and promoting it also and I increasingly became interested.

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May 16, 2019, 10:58:12 AM
 #44

Be careful while mining these little known coins. Back in 2017, one of my friends tried to mine a little known alt and he had very bad experience with that. First he installed the desktop wallet and then tried the PoW mining. But it crashed the operating system and there were some malicious files present in the wallet software. In the end, he had to format the entire laptop.
For me, the maning of such little-known coins is only an attempt to get rich.
Yes, this is all very risky, but at the same time, you can get good money.

It's like a lottery. Only 2% or 3% of these coins would give you good returns. The remainder will just go down in price with every passing week and end up as dormant as soon as they get delisted from the exchanges. But again, it is up to you. If you invest in 100 such coins, then the chance is that you will get good returns from at least a few of them. But I am not sure whether the returns from these coins will be enough to cover the initial investment or not. We hear success stories all the while.... but for every success story, there will be stories of a dozen failures which no one want to listen to.
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May 16, 2019, 12:23:03 PM
 #45

u can study Veil. it was created to provide the crypto community with a truly private cryptocurrency possessing full-time anonymity and anonymity levels far surpassing any other project. It is still in its early stages.

                          veil                            /////  PRIVACY WITHOUT COMPROMISE.  /////
https://veil-project.com/
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May 17, 2019, 07:54:40 AM
 #46

I think there are still a lot of coins that have a very small level of difficulty for mining, you can use the POS method like the one on VEIL coin.

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May 17, 2019, 08:05:40 AM
 #47

Cpu mining coin for you : ELPHYRECOIN [ELPH]
PoW CN Turtle
https://www.elphyrecoin.xyz/
https://pool.elphyrecoin.xyz/

But this coin is not new for a long time, there was even a transition to a new chain and the exchange of old coins for new ones that is, the restart of the project. In addition, this coin is now worth 1 sat.
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May 17, 2019, 10:21:44 AM
 #48

I think there are still a lot of coins that have a very small level of difficulty for mining, you can use the POS method like the one on VEIL coin.

Both PoW and PoS mining have their own positives and negatives. With PoW, you don't need too many coins in your wallet to begin with. But you need to spend a lot of money in purchasing the mining equipment. On the other hand, expensive mining equipment is not needed with PoS mining. But with most of the coins, you need to have a large stash in your wallet to get any meaningful returns. I have done both PoW and PoS mining for various coins, and I liked the latter more. Not a very good idea to spend hundreds of USD in mining equipment, when it is difficult to predict the mining difficulty.
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May 20, 2019, 01:55:55 PM
 #49

Many people have been mining Veil which is a privacy coin, they have dedicated team of developers, it's equally a privacy coin, it's a full blown privacy coin, which means it has a future, equally, they operate hybrid algorithm which Proof-Of-Stakes (pos) and Proof-Of-Power (pow). You may wnat to give it a trial. At the end, it's a coin that will be worth the stress of mining in the future as per economic wise that is preferable to mine. You can carry out your research too or just visit altcoin announcement sections to pick your choice.

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May 20, 2019, 02:48:41 PM
 #50

I think there are still a lot of coins that have a very small level of difficulty for mining, you can use the POS method like the one on VEIL coin.

So many Veil shills in the altcoin mining section, you guys are getting paid in Veil to promote their project.  No wonder you guys are everywhere.  I'll admit I haven't researched into that much but I will remain skeptical because it looks like another pump and dump coin designed to fool newbies.
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May 20, 2019, 07:25:03 PM
 #51

Mining low difficulty are rally the best types of coin to mine presently as you can easily mine a huge chunk of with in a little time. As per your list of coins you want you can try mine veil and uplexa they are both on cmc and on a relatively good exchange

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May 22, 2019, 10:27:30 AM
 #52

Low mining difficulty doesn't happen just like that. Usually these coins are shitcoins that no one needs. The difficulty of mining new coins is usually low 1-2 days if this coin is really promising.
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May 22, 2019, 08:26:15 PM
 #53

Check altcoin announcement thread regularly. When you found a new coin that support pow/pos at the same time (hybrid consensus) and not available on any exchange, you may get some profit.
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May 23, 2019, 04:48:06 AM
 #54

You can always go for the new coins thats not over a year and listed on market they are the ones who will make you the best profits through mining.For example is veil veil is nearly 6 months and listed on CMC and VINEX NETWORK exchange

 
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May 23, 2019, 11:59:14 AM
 #55

If you want to get profit with low difficulty then mine the news coins like VEIL, VEIL is very new best privacy coin, Just do your good search for it.

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May 28, 2019, 07:23:13 AM
 #56

asking for this kind of stuff always brings all types of answers, like guys wanting to promote some coins, or people scaring away more potential miners...
You seriously need to do your extensive research  Wink
nevertheless I have been following the work of crypto-sieve , these guys have a small rig mining gems and share info on a monthly basis on their newsletter... worth a check

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June 01, 2019, 05:51:31 AM
 #57

Look towards the new coins that are just beginning to give the opportunity to mine. These coins have the lowest mining difficulty.


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June 01, 2019, 08:39:37 AM
 #58

I just ordered a cuple GPUs to get back into mining and wanted to do speculative altcoin mining, is there a resource that would list me new or current supported low difficulty altcoins? i tried with coinwarz but not having much luck..

i need

- coin that is currently minable
- coin that is listed on known exchanges
- coin that has very low difficulty

i dont care what its worth im willing to take a risk by mining lots of it

thanks for info

Welcome back to mining bro, I believe the recent pumped of bitcoin is bringing people back into mining. You can actually mine  Veil coin am currently on it and its paying off

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June 01, 2019, 09:10:58 AM
 #59

Yes, Mining Veil right now could pay off in the future, price is down at the exchanges and that also means mining difficulty is not to hard for miners right now. Happy mining!
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June 01, 2019, 09:12:54 AM
 #60

Look towards the new coins that are just beginning to give the opportunity to mine. These coins have the lowest mining difficulty.
And the chance of getting much better rewards when you mine Alts which still not that much being popular, taking chances and risk will be rewarded incoming days or months of doing the same coins, hard but if you'll find time researching and reading about different projects, it will be rewarding in such efforts that you will going to make.

Always find time in each project to work with your mining devices, don't be afraid making mistakes as it will bring more learnings to your journey.
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