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Author Topic: which is the most profitable alt-coin for mining?  (Read 450 times)
Divinespark
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December 30, 2019, 06:57:13 AM
 #41

Of course, you should mine ETH. This is the most profitable altcoin when you mine, and its difficulty is not too high, so you do not need to spend a lot of money on your equipment. In addition, ETC is also a good choice for mining, I used to mine ETH and ETC before but after a while I stopped this work because the electricity cost in my country is too high without too much profit for me and do not forget to invest in BTC and these altcoins because it will help you get double the profit in the future.

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December 30, 2019, 06:59:15 AM
 #42

Eth have higher price and get little reward for mining and I think choose with altcoin have lower price but can receive higher reward for every mining transaction day, looking with ethereum maybe we need five months later to get profit with our mining tools but for other coin have lower price become faster to get profit and get back our money have buying mining tools.

ETH is one of the more stable altcoins out there and that is why a lot of miners prefer that coin despite low returns. You can opt for lesser known cryptocurrencies such as Zcash or Vertcoin, but these coins are highly volatile and there is a real chance that by the time you receive the mining reward, the exchange rate may be much lower than the current rates. PoS coins represent another option, but these coins are even more volatile.
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December 31, 2019, 10:01:34 AM
 #43

Can anyone tell me the best profitable alt coin for mining
and what mining machine is best for that alt-coin.

I think the best profitable Altcoins are those that are ranked based on price, popularity as well as the demand which can be searched easily through world wide web. Among those cryptocurrencies (Altcoins) that are ranked, we can see that Ethereum is still making its way into the top spot since aside from the dependency from Bitcoin, most Altcoins also rely into the price of Ethereum as well which makes it another option for trading pairs. I think with that stand, Ethereum is relevant to be proclaimed as the best profitable Altcoin for mining. Though everyone on the ranking can also be profitable as well. Now, choosing the most profitable Altcoin will now vary depending on the point of view of every miner and trader but for me, I find Ethereum as the best profitable Altcoin.

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