What is the most profitable currency to mine today? - Page 2 - Mining - CryptoTalk.Org Jump to content
spyaquino

What is the most profitable currency to mine today?

Recommended Posts

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 ..

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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".

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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 

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
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

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites
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,


CAUTION: Search and verify any information you receive, otherwise you will be just a puppet.

 

Best Faucet Of 2020 ; https://pipeflare.io/r/28q6

Made it by REDAMOUN With Love

 

Share this post


Link to post
Share on other sites
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!👍

Share this post


Link to post
Share on other sites

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 

Share this post


Link to post
Share on other sites
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 by I-KUN

Share this post


Link to post
Share on other sites

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 

Share this post


Link to post
Share on other sites

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 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Даа, часто так бывает, на что не верим, тот происходит). Думаю что серьезное изменение у биткоина связано с етф. Халвинг не так сильно влияет на цены биткоина, это мое мнение. Бнб конечно не сдается, он же 630$ был, пока биткоин же немного падал, после 73к, и он падал пропорционально.   
    • Также Аркхам и не только они, а очень много проектов не хило выстрелили именно из-за поддержки Бинанса и тут скорее всего будет тоже самое. А вот сможем ли мы попасть в тот список счастливчиков, пока что непонятно, хотя нужно дойти до минимального рубежа - 6-ой уровень.
    • Может быть и получат, а может будет совсем по другому, то есть по нынешней классике - раздавать в основном пользователям из топа рейтинга, а обычные пользователи могут оказаться за бортом, хотя актив был.
    • Да уж тем более, когда количество таких прое становится всё больше и больше и как-то нам не везёт в этом плане. Где большая часть профита в направлении заработка на дропах для обычных пользователей зависит от удачи, увы не от их активных действий 
    • Главный инвестиционный директор Bitwise Мэтью Хоуган заявил, что институциональные инвесторы, вложат в биткойн до 1 триллиона долларов через биржевые фонды (ETF), поскольку они постепенно переходят в криптовалюту. В записке, разосланной инвестиционным экспертам, Хоуган выразил обеспокоенность по поводу волатильности цен на биткойн. Поскольку актив колеблется от 60 до 70 тысяч долларов, генеральный директор считает, что лучшая стратегия — «сохранять спокойствие и смотреть в будущее».   Несмотря на краткосрочные колебания, Хоуган выделил несколько ключевых предстоящих событий. К ним относятся халвинг и потенциальное одобрение спотовых биткойн-ETF такими крупными платформами, как Morgan Stanley или Wells Fargo . Хоуган подчеркнул, что текущие процессы комплексной проверки, проводимые инвестиционными комитетами и консультантами, являются важным шагом перед совершением инвестиций в биткойны. Он упомянул, что в ожидании этих событий цена Биткойна может испытать боковое движение в ответ на незначительные изменения настроений. Тем не менее, Хоуган с оптимизмом смотрит на будущее Биткойна, ссылаясь на устойчивый бычий рынок с ростом почти на 300% за последние 15 месяцев и веские причины для дальнейшего роста.   Январское одобрение спотовых биткойн-ETF значительно открыло рынок криптовалют для профессионалов в области инвестиций. Хоуган считает, что это знаменует собой начало интереса со стороны профессионалов, управляющих триллионами долларов, и этот процесс займет годы. Он также подчеркнул приток $12 миллиардов в ETF с момента их запуска, назвав это самым успешным дебютом ETF. Тем не менее, он ожидает, что глобальные управляющие активами, выделяющие всего 1% своих портфелей в биткойны, могут привести к притоку в 1 триллион долларов, в результате чего первоначальные 12 миллиардов долларов кажутся минимальными инвестициями. Ранее в марте Хоуган предположил, что спотовые ETF Ethereum могут привлечь больше активов, если будут запущены после мая. Учитывая более осторожный прогноз относительно майского дебюта, он предположил , что декабрьский запуск может быть более выгодным. Задержка даст Уолл-стрит и традиционному финансовому сектору больше времени для понимания сложностей криптовалюты, особенно Биткойна. По оценкам Хогана, Уолл-стрит потребуется от восьми до девяти месяцев, чтобы приспособиться к биткойнам, прежде чем рассматривать новый ETF.
    • Hello, friends, I wanted to alert you all about my recent experience with an airdrop group named @Airdrop_Fam. Initially, everything seemed legitimate. They requested an advance payment for their services, which I thought was standard procedure. However, the situation took a turn for the worse when they began demanding additional funds to publish a post. When I resisted their sudden and unexpected demand, communication came to an abrupt halt; they completely ignored my messages. The person behind this scheme is the admin of the group, known as @Airdrop_FAM_Admin. At first, this individual appears cooperative and friendly, but don't be deceived – it's all a facade to extort more money from you. Please, I urge everyone to be cautious and steer clear of @Airdrop_Fam. The group is a sham, filled with no genuine participants. The admin is a charlatan through and through. Don't let yourself be their next victim! Stay safe and always do thorough research before engaging with such groups
    • Як не крути, держава всеодно захоче накласти лапу на вашу діяльність, це просто покищо питання часу!
    • Снижение комиссий и увеличение прибыли: Как Bitmore изменяет игру Высокие банковские комиссии давно являются проблемой для многих предпринимателей. В Bitmore мы стремимся к минимизации ваших расходов на финансовые операции. Убедитесь лично, воспользуйтесь услугами перевода денег между странами, или оплаты счетов.
    • Lower fees and higher profits: How Bitmore is changing the game High bank fees have long been a problem for many entrepreneurs. At Bitmore, we're committed to minimizing your financial transaction costs. See for yourself, use our cross-country money transfer or bill payment services.
    • Обмен в несколько кликов!!! О нас: Сервис на рынке появился  недавно, но наша команда с опытом в сфере обменов больше 5-ти лет, готова предоставить клиенту максимально быстрый и качественный обмен. Наши операторы консультируют клиента на всех этапах сделки. Возможны быстрые обмены с Банковских карт, QIWI, Юмани на Bitcoin, Ethereum, Tether, LiteCoin и другие криптовалюты и обратно. Так же предусмотрена работа с обменами вида Криптовалюта-Криптовалюта. Для клиентов предусмотрено: - Выгодные условия для обмена; - Реферальная программа ; - Программа лояльности для новых клиентов  Оставляйте заявки, обращайтесь в чат и совершайте обмены на выгодных условиях! На данном этапе время работы обменного сервиса с 10:00 до 22:00 по МСК. Наши контакты: eMail: https://admin@ebucks.fi  - для сотрудничества https://support@ebucks.fi   - поддержка, вопросы по обменам Telegram: https://t.me/ebuckssup (@ebuckssup) добавляйтесь только по ссылке. Возможны дубли мошенников. Чат на сайте: https://ebucks.fi/ru
×
×
  • Create New...