What is the best coin to mine right now, What do you think? - Cryptotalks
Need your opinion !!
I had previous discussed this, that i want to begin mining and save for my miner and know what te profits are.
( Previous thread https://steemit.com/ethereum/@kushbuddy/ethereum-mining-experiment-dragon-gpu-mining-starter-3x-rx-570-8gb-help-me-invest-in-the-future-or-high-profits )
But was also thinking about alt-coins.
What do you think is going to be the next thing to mine ( besides BTC & Ethereum ) .
Or did you have any experience with alt-coins that went great. Or a big loss tell me your story!
I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic...
ETC.....Fast ROI....I mine 175 mh/s ...2 coins per day :)
Nice!! I saw it a couple of times Ethereum classic but did not do any research. What rig do you use?
Genesis mining :) yep a cloud rig in Iceland ..2 years contract....it's legit..
But you are sure this is profitable with cloudmining ? I heard they had quite a high fee? Hmm.. checking this out for sure! <3
No additional fee...you pay $2900 per 100 mh/s..2 years mining..they only charge 30% pool fee if you mine bitcoin...
damn.. 30% is to much bro. But i dont want to mine bitcoin. Ethereum cloudmining also cheap at genisis ? I will register when im at home. :) Thanks for the tip buddy!
Hey @kushbuddy !
I also have genesis mining. Bough a $221 contract. Will ROI in around 3 months. So far, 8 days in, they haven't missed a single paycheck and it's all great. Made around $2 a day! Pretty good! Especially since it's a two year contract.
If you end up deciding to buy this you can use this code: yU4KAk and you will get a 3% reduction!
woah nice ! Monero and Ethereum or?
I got my money into altcoins poloniex waiting for the right moment to cash out. its around a 300 $ investment now.
Thank you very much for the great reply this might get handy later! :D
Profitability wise, Monero and Ethereum are the best
Ethereum <3 best.. i want to mine this so badly! because i know it's going to blow up just like bitcoin. Look that beauty rising every day.. ! Pure hard cash!
Dash.
Why do you think should mine this coin? Is there decent profit overtime or something else?
ROI is like 4-3 months.
Nice definitely going to do some research , do you use a rig ?
I am cloud mining just now. I will start building rigs when i get my investment back :) already got $4k back from a $14k investment
Woow that's huge. Damn wish that i had the budget! But great job! Keep the money coming in bro! If i may ask did you put it all on g/hs on dashcoin ?
With the $14k investment i have about 130 TH/s of power pointed to Bitcoin
but also have some on dash. If you want more info feel free to add me on discord if you have it - VeNOm#6875
If you have a PC/Laptop/MAC you can do Gridcoin, you dont even need a GPU. Or if you want to GPU mine other coins then run Gridcoin on your CPU for a top up.
https://steemit.com/mining/@scalextrix/how-profitable-is-cpu-mining-answered
I will check this out when im at home, sounds like a good coin! will definitely keep Gridcoin in mind. But can you also mine purely on cpu ? not gpu like servermining ?
Yes CPU only is absolutely fine. The reason is you arent doing hashes, the Work is scientific research which really needs CPUs, there is some work for GPUs but its limited and the way Gridcoin is structured does not hurt the rewards for CPU crunching.
www.gridcoin.us or Reddit /r/gridcoin for help and links to IRC etc.