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Author Topic: Best alt-coin?(requirements)  (Read 528 times)
trexxit
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December 05, 2013, 05:04:46 AM
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Doing some research / project on alt-coins and currency conversion for profits.Whats the best alt coin? Needs to fit in these requirements:
  • Easy to mine,
  • Have a decent payout that will be noticeable at low hashrates
  • (as in for inf coins 5kh/s quark coins30kh/s
  • Can be converted on cryptsy to LTC or BTC
By decent payout , at the hashrate for IFC i gained 16 cents overnight,(which then doubled by watching and conversion)
For anyone who post some replies, Thanks for the help!

IFC - iNHRxGc6eriJzDFVNx7LJJZ18wqcqjyXAH
QRK - QhdbDHaEbPxLNDCVFDpERLgD4Jz3yR8ttK


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1534925400
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DrGrid
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December 05, 2014, 12:25:25 PM
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Doing some research / project on alt-coins and currency conversion for profits.Whats the best alt coin? Needs to fit in these requirements:
  • Easy to mine,
  • Have a decent payout that will be noticeable at low hashrates
  • (as in for inf coins 5kh/s quark coins30kh/s
  • Can be converted on cryptsy to LTC or BTC
By decent payout , at the hashrate for IFC i gained 16 cents overnight,(which then doubled by watching and conversion)
For anyone who post some replies, Thanks for the help!
It seems to me that you don't really understand crypto.
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Easy to mine
Every coin is easy to mine, when mining directly from the client. Though I think what you mean is that a hashing algorithm should be used that is widely known that has dedicated miners written for it.
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Have a decent payout that will be noticeable at low hashrates
The market dictates if your payout will be reasonable, not the algorithm. Of course the algorithm can be written in a way to benefactor certain groups, or people at a set time, or block height.
Quote
Can be converted on cryptsy to LTC or BTC
Why does a coin need a listing on cryptsy, there are some perfectly fine other exchanges with decent volume out there as well.
All in all your topic can be summarized to:
"Profitable Altcoins are good Altcoins"

Bitrated user: DrGrid.
HeroCat
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December 05, 2014, 05:28:57 PM
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It does not matter crypto coin ( other than BTC ) is easy to mine or not. The main thing is - if it is popular for users and if there are Web sites, which use it.  Grin
tromp
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December 05, 2014, 06:40:58 PM
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The only thing that matters about mining is that it discourages centralization.
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