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Author Topic: Which coin I start mining  (Read 246 times)
Gatorelf
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May 21, 2021, 09:12:04 PM
 #21

Wait for bear market and buy three to four new graphic cards with that money, that's even if you've already own motherboard, risers and CPU if not you will be spending more

looks like a few more days then
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btc-room101
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May 21, 2021, 11:20:30 PM
 #22

Which coin i start mining, is it profitable, my budget is only 1000$.
I just want to take a start.  

What your asking is on "Whattomine" dot com website, it ranks daily the most profitable coins to  mine.


Thats the answer to your OP, its been ETH for the past year or more.

Now to address your budget, which is pathetic, and un-realistic.

Everything has its time, now is not. Six months ago I could buy an RTX-3070 for $500, and earn $10/day of Ethereum with that card. ( See you don't actually make any money in this game

Now that card is $1500, well over your budget. Now almost all GPU's on earth are un-available.

All GPU mining requires at least 6gb, but you need to buy more because right now ETH is at 4.6GB, and its growing, you don't want to be stuck with an obsolete drive.

Realistically the highest value mining with GPU is ETH, but your budget can't buy you a graphic card, there is none on the planet earth within your budget.

These days at the very least I would by a RTX-3060 with say 12gb, thats a long life, that card if you can find it is $1k, but your really need six to be in the game.

Just wait, all this shit will drop in price once ETH comes out with POS and mining is no longer profitable.

Beware also all the new RTX cards are crippled 'nerf'd' they say, its a real bad time to come into this 'game'
haleema (OP)
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May 22, 2021, 11:15:36 PM
 #23

Which coin i start mining, is it profitable, my budget is only 1000$.
I just want to take a start.   



If you don't want to spend money on graphics cards, then start with Monero using your computer's CPU power. The demand of privacy coins will skyrocket in future.


Its Monero? Little bit explain, Thanks
mak013
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May 23, 2021, 02:37:39 AM
 #24

Which coin i start mining, is it profitable, my budget is only 1000$.
I just want to take a start.   



If you don't want to spend money on graphics cards, then start with Monero using your computer's CPU power. The demand of privacy coins will skyrocket in future.


Its Monero? Little bit explain, Thanks
Mining Monero using CPU will give you some profit, but it will be much less comparing with GPU mining. Right now the best choice is to wait. Profit decreasing, but GPU prices decreasing much later - about 6-12 months.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
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JohnyBitcoin
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May 23, 2021, 03:05:13 AM
 #25

The only answer here is Bitcoin.

If you want to ask about other coins, you must do it in the 'other' coin area, not here.

You're in the worng forum. This is the Altcoin mining forum.
Gamanashi
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May 23, 2021, 05:32:35 PM
 #26

You also keep in mind about electricity consumption + Maintenance + monitoring time I don’t think so $16 to $20 is enough per day ? Am new in mining also if someone help with proper guidance with hardware and software will be highly appreciated thank you all of the members all replies are interesting and knowledgeable
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