Post
Topic
Board Mining (Altcoins)
Re: Fifth alt coin thread last four got too big.
by
philipma1957
on 21/08/2017, 16:19:29 UTC
Auto-switching doesn't work well currently as the altcoin market is in a fairly stagnant phase. So you end up switching all the time and earn less in the end.

Whattomine is an interesting animal, you have to learn to use it. The 24h-averages are a good guideline, but what I tend to do is identify two or three coins that are fairly profitable and then look at the one whose price is most depressed currently. Then I start to mine that one for a few days, until the next pump. Then I sell my production.

If you're more into short-term and look at current profit/difficulty output on whattomine, look at the top coins and select the one that has the highest difficulty INCREASE. Most of the time, the top spot are occupied by coins that have had a big difficulty drop. If you start mining one of those you've basically just missed the boat. Diff will only go up from there. Pick instead one that has had a big difficulty increase and mine it while it drops back again! Smiley

Thanks for the advice.  I am a few months into mining and just now starting to get away from the newbie stuff.

Lately, I've just been mining whatever is the top coin for me on whattomine.com.  I mine on miningpoohub.com to do the autoconversion for me to BTC (I'm most interested in BTC).  Today, ZClassic shot up to about $10.78 a day, with Zcash below it at $7.89 a day.  I started mining ZCL instead of ZEC because of that.  I'm not sure if this is the right move or not, but i'm trying it out.

chasing hot coins can be fun

https://new.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr 5x 1080 ti's on zec

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https://new.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje  10x 1080ti's on  zec

plus some small miners on other coins on nicehash
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plus 1 1080 ti on

GroestlCoin

https://dwarfpool.com/grs/address?wallet=FjKmKbx3Dh4wso8vzg5W4vpEHf8N1FAx6K

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the key is  constant profit

at the moment 50usd a day  for  about 75 kwatts a day    say 15 usd for my insane summer rates

and oct 1 the summer rates drop to 7.50 usd a day

so today 50 x 30 = 1500      15 x 30 = 450

1150 net.