What is the most profitable currency to mine today?

[spyaquino 907]

2 hours ago, williamz902 said:

I tried mining Monero and Litecoin with my i7 computer. It really wasn't worth it. I was making about 1 cent per month - meaning you will only get about $3.65 per year. There are faucets that pay out more than that, so really I wouldn't bother. But try Monero or Litecoin if you insist. There mining pools where a whole bunch of computers work together and then they share the profits that are made. It's unlikely that you will ever get rewarded if you go at it alone.

Thank you, but I do not mine solo, I use Nicehash, it is a pool too .. Because alone I sure could not achieve anything ..

[lucky80 1046]

On 10/23/2019 at 5:56 PM, williamz902 said:

I tried mining Monero and Litecoin with my i7 computer. It really wasn't worth it. I was making about 1 cent per month - meaning you will only get about $3.65 per year. There are faucets that pay out more than that, so really I wouldn't bother. But try Monero or Litecoin if you insist. There mining pools where a whole bunch of computers work together and then they share the profits that are made. It's unlikely that you will ever get rewarded if you go at it alone.

Unless you use a quantum computer, you will not get any benefit. Use GPU or ASIC. And you also need to learn mining strategies.

[sunny1441 1]

Most of these currencies difficult to mine yet. More often I am investing in alternative cryptos. As an example. my October was dedicated for mining Musicoin. I like the way of it mining, like the unadeaquate swing of the prices. But its worth it. Within the one month you can earn not bad money.

[sophiewy 0]

Ya know, going back to the beginning of this thread, it never ceases to amaze me how many folks are compelled to beat around the bush..... The user asked which coin would be most profitable for mining.... Just answer the god damn question for f**k sake! There was no mention of buying anything, the question was about "mining".

[juneg555 1]

The profit margin of coins is very volatile. You may never want to watch it online. For beginners, I recommend using software from Nice Hash. Your equipment will automatically switch to mining the more profitable coins. But this is only at the initial stage. After hacking this service I do not trust them. After you learn to choose the coins you need, I recommend switching to reliable pools.

[gregory372 4]

There are two coins profitable system of mining. the most relevent of share the currencies are online market places.One of the most challenging aspects of cryptocurrency mining is finding the most profitable coins to mine.the mining process of share market that business to profitable of mining coins are bts and altcoin currenciesThe big benefit of the data offered by What to Mine is a ranking of cryptocurrencies by mining profitability.

[kell6572 1]

I do both mining and investing. I Mine various coins and HODL them for profits and at the same time i invest with my money and mining profits to increase my portfolio. Nowadays with the sum you mentioned i would just invest the money since even finding cheap cards has become troublesome at least for me

[clarkk732 2]

If you just want to let it run and not worry about it then NiceHash is always a decent alternative. The convenience comes at a cost - typically I get ~10% less return via NiceHash compared to mining in a pool. But I also don't have to constantly worry about what the flavor of the month is.

[marksm357 5]

This. Whattomine.com is a good website to use if you are getting started. Practically any coin is profitable, no one can tell you what will be most valuable in the long term though. The markets decide that.

[nathen252 6]

I'm first a trader and investor in Crypto then a miner; decided to buy a 6 x GPU mining rig from trading profits just for the experience; You can make way more money by investing mid-long term vs investing in a mining rig.

[augu344 0]

Impossible question to answer.Depends entirely on your hardware, and it can change daily based on difficulty and market price.As others have said, look up your hardware online and compare hashrates with different coins.

[jmigdlc99 360]

The answer will always be changing. There are so many factors involved when mining that the most profitable currency will keep changing. This is why they built multi-algo mining software to automatically switch to the most profitable coin. If you still wanna go mining, then you can look into NiceHash miner, pretty decent mining software.

[Rares002 262]

I think bitcoin is the best coin to mine today because the price is so high and people are willing to pay very high fees in order to confirm their transaction faster. You could also mine ethereum because it's the best after bitcoin 

[Syedbesharat 5423]

Now we are in btc bull peroid.So it would be good for you to buy some alt coins and hold them and earn profit on them.You can also make profit on trading.So  leave minning for the time and focus on market thake advatage of bull and make good money.

[cryptosix 1643]

37 minutes ago, alver775 said:

Ya know, going back to the beginning of this thread, it never ceases to amaze me how many folks are compelled to beat around the bush..... The user asked which coin would be most profitable for mining.... Just answer the god damn question for f**k sake! There was no mention of buying anything, the question was about "mining".

So what was your answer for the best coin mining? Did you do that any time mining if so which coin?

The guy asked best coin, but none of were unable to find a best coins since we lost trust in mining.

[Mathers 295]

18 minutes ago, planunker said:

I think that productive mining рrеsently is аs it wеrе bitсoin mining. Altсоin mining is right nоw nоt рroduсtive. Sincе the cost оf cоins is still chеap.

Yes exactly, Bitcoin mining is the most profitable mining compared to other coins. Altcoins have a very low value so they are not worth mining for now.

[aika 286]

Of course Bitcoin, it has the highest price in the market. But some alts with more stable prices are worthy of a chance too. But you have to consider how much are you investing, how many time will get you to get the profit with the coin you chose. It's not that simple.

[salakka 76]

26 minutes ago, dustyw said:

Monero is also quite profitable you can recover the cost of the miner in less than in a year; a miner with an avg of 3.5Kh/s mines almost 0.6 XMR per month. Assuming that the price of XMR will increase to about 400$+ in the coming months.

2 years ago im mining monero from minerate software . and yess i have profit but the problem is fee withhdrawal from minergate is too high for me

[aika 286]

On 10/22/2019 at 12:06 PM, agentdosa said:

The appropriate currency for mining in my opinion is bitcoin because bitcoin has a relatively higher exchange rate than tokens other than bitcoin tokens ..

You'll need a powerful setup to successfully mine bitcoins. And it will take a lot of time to recover your initial investment, and that only IF the initial bitcoin price maintains the same or rise up. It's better up to try some alts and then exchange them to fiat, then to bitcoins when the price is up.

[redamoun 811]

On 10/12/2019 at 3:56 AM, spyaquino said:

That BITCOIN is the most valued currency we already know, but we know that its mining today requires cutting-edge equipment, as it is difficult to compete with so many ASICS in the market. But aside from the BTC, can anyone tell me what other currency is being profitable for mining with CPU and GPU, ie mining with a computer? I already tried some alternatives but ended up stopping at Nicehash, because I can still mine some satoshis, few but already some. If anyone has a more profitable tip I am grateful. My configuration I use for mining is an I5 3330 along with an AMD RX 470 asus mining 4gb. Hugs!!

      Did you try to mine RVN brother? because if you use coin calculator, you will find that it's the best coin for your configuration, so try to install t-rex and use suprnova pools, i'm pretty sure, you will thank me later,

[spyaquino 907]

39 minutes ago, redamoun said:

      Did you try to mine RVN brother? because if you use coin calculator, you will find that it's the best coin for your configuration, so try to install t-rex and use suprnova pools, i'm pretty sure, you will thank me later,

Yes, if I'm not mistaken I tried to mine RVN, but thanks for the tip, I will note and will be testing soon there return to inform the results .. thank you!👍

[niroblm 141]

mining is not profitable idea.it's totally waste your time you can learn graphic design if you make good design you can earn huge amount 

[I-KUN 422]

12 minutes ago, santiastar said:

You can continue mining eth and get more cards or minings to get all this and get even more. I hope you could get even more

Eth is not worth to mined this day. It's hard to get by mining and its price always dumped. I think it will be better if you find the other altcoins especially a new one with serious project. If you have a low quality mining hardware, try to use nicehash or miningrigrentals.

Edited November 2, 2019 by I-KUN

[Migo 7946]

Bitcoin now is hard to mine he needs a lot of special equipments, I suggest you to mine some known coins like ltc, doge, bch, you can try those and convert them to bitcoin, this my opinion 

[RyujinONE 131]

Right now a lot miners try to mine some new project with a low diff, the reason is mining major coin was not really profitable and taking a lot resource. If you lucky mining new altcoin, you can get a good return went they listing to the exchange but its like a gamble since the coin was new. Need more patience