BITCOIN PRICE LAST YR AND MOST PROFITABLE COINS TO MINE NOW GPU AND ASIC?

in #steemit7 years ago


Let's take a look at a historical snapshot of the crypto market price in April 2017 and discuss what are the most profitable coins to mine right now?

What do you think about the health of the crypto markets compared to last year? How accurate are WhatToMine and CoinWarz at calculated mining profitability? What coins do you believe are the most profitable to mine at the moment. Please share your thoughts below.

Crytpto Price Charts Apr 2 2017
https://coinmarketcap.com/historical/20170402/

Mining The Most Profitable Coin
https://noobminer.xyz/mining-the-most-profitable-coin/

How profitable it is to mine selected altcoins in comparison to ethereum
https://whattomine.com

Cryptocurrency Mining vs. Bitcoin Mining Profitability
https://www.coinwarz.com/cryptocurrency

ETHEREUM PRICE DROP. ASIC VS. GPU MINING
https://steemit.com/steemit/@champagnecrypto/ethereum-price-drop-asic-vs-gpu-mining

BITMAIN Antminers
https://shop.bitmain.com/product/main?lang=en

1080ti GPU Cards
https://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Daps&field-keywords=gpu+1080&rh=i%3Aaps%2Ck%3Agpu+1080

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Thanks for the great content as always. I'm gonna be building a rig in the next couple of months so this should be helpful.

Thanks for tuning in @elitewizard407! keep us updated with your mining rig and stay BOOMIN over there!

@champagnecrypto, what you think about POS coins, and compare both, POW and POS to see who is better?

I'm intrigued by both methods of proof but I must admit that I don't know enough to produce a well informed response. My understanding is that POS is more energy efficient than POW while others have argued that POS could create a "feudal like" system. What are your thoughts?

Feudal System, I don't think so, because today the POW is almost doing it, since the price of GPU cards is going up and rising. Here in Brazil a RX580 8 gb is almost 2.5k reais or 760 dollars, that is expensive for majority of people.
You could have a good portion of coins with that investment, like SYNX, PIVX or BITB.
Also, the POS system is more scalable than POW, but I am on both sides... I have a miner with r9 380 bought before the prices rise and also a few coins staking.
I think this theme could create a amazing post about it.

Man teach me mining..i want to earn some Bit .....help out brother......

Great content. Mining is interesting and I've heard profitable. My old ass computer wont evem let me mine shit haha...Anyone know some good coins to try to mine on tabs? On my desktop, I have windows xp, and it tells DLL not found on almost anything I try to do with crypto on it. LOL, im pretty computer "tech" illiterate? Thanks.....KABOOOM

ReSteeeM and Tweet....you on the Tweets @champagnecrypto ?

Great point paying closer attention to last years price. That speaks volumes.

Well done, creativity I liked your words .. Thanks for the tips we just need a little will Thanks for sharing

if I may... want to discuss some matters about mining, and this sometimes interferes with the beginner's mind.

why miner tool can make money? actually what is mined? will the mining run out? why are mine providers giving us coins? what advantages for them

I sometimes have not been able to answer correctly.

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