which is the most profitable alt-coin for mining?

[Oneandpure]

You have to make a investment to profits mining or staking. Mining is very expensive and also has country legality problem. Before Bitcoin halving you should start Bitcoin mining. If you have interest in others coin than you can do Ethereum mining because after Ethereum 2.0 only support proof of staking.

I think mining is not affected by the laws of the country, no country actually bans mining. But the cost of mining in each country is different because the price of electricity and mining cost are different. I still prefer mining because it helps us to have a more stable income than trading and margin

need long term process for getting profit with bitcoin mining because from keep ready to buy with many kind of mining tools until waiting for several months later to receive profit with bitcoin mining, during this mining process we always stand by with prepare mining tool without broken and keep ready whit electric always active during mining progress working.

[Pamadar]

You have to make a investment to profits mining or staking. Mining is very expensive and also has country legality problem. Before Bitcoin halving you should start Bitcoin mining. If you have interest in others coin than you can do Ethereum mining because after Ethereum 2.0 only support proof of staking.

I think mining is not affected by the laws of the country, no country actually bans mining. But the cost of mining in each country is different because the price of electricity and mining cost are different. I still prefer mining because it helps us to have a more stable income than trading and margin

If you are not affected of high rate electricity then you can continue mining coins. But in my part I already take down my small mining rig as the
generated charges for my electricity bills almost double than my actual mine value.
You need to do research and check if you are willing to hold coins and wait before selling it as the market volatility also affected your profits.

[cotton ball]

I think better you buy an altcoin and hold it than you want to start mining because not fast way how to get much profit with bitcoin mining, when you buy altcoin you can sell after price is up with one day or week later, but for mining you have waiting maximum eight months later to get back your salary and next month later is your chance to get profit.

[Jocuserious]

I can't confirm you which altcoins best for your mining but you can choice top altcoins in coinmarketcap. Otherwise you go mining section and search your best mining altcoins. Basically you can see here many topic about it so take can easy if you keep doing well.

[Murat]

For me, Bitcoin is always and all the ways is still profitable for the mining purpose, You have to think about the core of this cryptocurrency so Bitcoin is ultimately the base of this system, people still know Bitcoin is everything, many people know the Blockchain and Cryptocurrency though the Bitcoin, so I think Bitcoin mining is the best for mining issue, if you think about the altcoin then Ethreum will come first in terms of profit-generating aspect, I believe Bitcoin and Ethereum both have a good positive in this forum yet.

[mrdeposit]

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

Since I have little knowledge about mining, I can help you with the links I found on the internet.
Take a look this link for profitable altcoins: https://changelly.com/blog/top-10-most-profitable-coins-to-mine-2019-2020/
As the best machines: https://cryptonews.com/news/top-5-bitcoin-mining-machines-ahead-of-halving-5228.htm
Also, you can use this link to calculate: https://whattomine.com

[biddicoin]

The diff is already high right now. if you just use low computation, you just wasting your money
Mining is costly, you can do mining with low price but you can't get good profit.
back to your question, choose ETH and use GPUs.

Even though the price of ethereum is down, there are still many who believe in it, so that altcoin is worth investing in, moreover ethereum remains firm in the second position on coin.marketcap. choosing altcoin can bring in bigger profits, but it has a big risk as well

man, this thread doesnt talk about price, but about the mining altcoin
and I answer difficulty of mining ETH coin, not ETH price or investing in ETH

people know that ETH is good for long term, but to mine it isnt easy at all
we need big resource to get good amount. if not, it isnt worth it

[Ridwan Fauzi]

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

Please move this thread to the correct board Mining (Altcoin)

At there you may find the expected answer from the miner altcoin. And also you can read some threads first because there is some information that related to your answer such as this thread https://bitcointalk.org/index.php?topic=5211853.0

[pawanjain]

ether was once the most profitable coin for mining but we can't say it is the most profitable one right now.
Only the people who have a good set of GPUs have a good hashrate to mine ether. It is not suitable for all to mine ether.
Other altcoins are available to mine as well but will be a little risky since the current market is not in a bullish trend.

[BChydro]

I think mining is not affected by the laws of the country, no country actually bans mining. But the cost of mining in each country is different because the price of electricity and mining cost are different. I still prefer mining because it helps us to have a more stable income than trading and margin

As long as you can maintain the hardware and pay off the electricity bills then mining is profitable but with increasing difficult i am not sure if any of the coins are profitable and now if the OP is planning to invest in mining then it will not be a smart move as ETH is also changing their protocol to proof of Stakes (POS) and hence that is also gone and other than that what other coins can be profitable in the market right now.

@OP the budget is the main thing, if you are planning to invest millions then bitcoin mining farm is always the best option with the latest ASIC.

[raes]

ether was once the most profitable coin for mining but we can't say it is the most profitable one right now.
Only the people who have a good set of GPUs have a good hashrate to mine ether. It is not suitable for all to mine ether.
Other altcoins are available to mine as well but will be a little risky since the current market is not in a bullish trend.

is not in a market condition like now can make us profitable if the market conditions will experience a pump. I am not a bitcoin or altcoin miner. but if you look at what happened to bitcoin a few years ago, don't they who mine bitcoin when the price is cheap and then experience a market peak in 2017 they are saving for the long term.

[bgaf]

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

Please move this thread to the correct board Mining (Altcoin)

At there you may find the expected answer from the miner altcoin. And also you can read some threads first because there is some information that related to your answer such as this thread https://bitcointalk.org/index.php?topic=5211853.0

Is it necessary to move the topic there? Though the question is simply about which altcoin is good for mining is just a simple inquiry? I think topics on mining section is very more detailed and this kind of post will be rejected by mods there.

But to answer OP every altcoins out there is still profitable and you can take advantage of it if youre consumption on electricity is quite low. Like ether still good to mine, just provide a good specs of GPU.

[Bossfidelity]

The best profitable altcoin to mine presently is ETH as https://whattomine.com says, followed by haven protocol which is a cryptonight based algorithm coin, to mine both you will need powerful sets of graphics cards like new RTX from Nvidia and RX Vega from AMD, they are very good and active

Thank you for this information. Its always a difficult task deciding on which altcoin to mine considering the nature of the market and the requirements for mining an altcoin. I vehemently believe that mining could be lucrative, if one has the right information and is able to mine the right combination of cryptocurrency.

[BestCryptoYear2020]

Thanks for every genius people suggestions.
conclusion is: eth is still good choice.

[Xcode7]

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

You can try ETH, Yes because some of us do that and also monero, even though the market is declining, you can still get a decent profit between it. Of course you also cannot expect high prices if you want to mine there, for us what is provided by ETH and Monero is enough, because your own satisfaction determines it

[nutriagrigia]

my advice will be very simple for you: you don’t need to start mining altcoins on any equipment now. The return periods of your equipment will be huge. the best thing now is to just invest this money in those altcoins that you would like to start mining. this way you will see net profit faster than if you will use mining

[Bonenx14]

my advice will be very simple for you: you don’t need to start mining altcoins on any equipment now. The return periods of your equipment will be huge. the best thing now is to just invest this money in those altcoins that you would like to start mining. this way you will see net profit faster than if you will use mining

do not forget to learn how to invest first, because without knowing the ways, he will be able to get caught up in the investment being carried out. we must learn more before investing and in mining we must understand the mining algorithm

[TanakabZX]

Top altcoins like ETH or ETC has high mining difficulties, the profits will be very low unless you have gigantic mining farm, for those who use a rig or two it's better to find new born altcoins and quickly fill your bags, once they get listed then sell

[Vishnu.Reang]

There are several factors that needs to be considered before you plan to mine a particular altcoin. Apart from the mining reward, you need to calculate the future prices as well. Almost all of the alts have lost value during the past 4-5 months (in the range of 60% to 80%), and you need to take this in to account during ROI calculations, before making plans for mining.

[cotton ball]

The best profitable altcoin to mine presently is ETH as https://whattomine.com says, followed by haven protocol which is a cryptonight based algorithm coin, to mine both you will need powerful sets of graphics cards like new RTX from Nvidia and RX Vega from AMD, they are very good and active

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.