Quote from: NL on December 30, 2017, 01:57:57 AM

Dear forum members,

In the last months I made some profit with altcoins. Now I want to start mining, first small and maybe bigger when it works out well. Im reading a lot about the subject on different sites and this forum, to find out which steps to take. Therefore I would kindly like to ask some questions:

1.   Which altcoin is nowadays profitable to mine? Monero for example?

2.   Is it correct that the profit of ETH is reducing and the risk is increasing (because of the PoW to PoS transition)?

3.   Is it common to use a miner with Windows 10 (I dont want a ASIC miner who can only mine one or two types of coins)?

4.   Which software can best be used? For every altcoin different software?

5.   Is there any special software which can mine different coins, or which has an (automatic or easy) switch to the most profitable altcoin of the time? If so, where can I find such software?

6.   Do you have tips regarding which type of Nvidia card to use? Is the GTX 1060 modded the best card (hash/kwh/profit)? If so, where can I get this card? Or do you advise another type, which is still available and not to expensive?

7.   Is it smart/necessary to make use of a pool? Are there any (good) free pools? Has anyone tips for a good pool (I live in the Netherlands)?

8.   Are there any tips to avoid common mistakes in the mining business?

Of course I would appreciate any comments/thoughts and I hope Im not asking questions that are answered elsewhere yet on this forum (but which I havent seen yet).

Would love to hear from you.

Friendly regards,
Crypto_david

I can give you a hint to 8th point:

Don't bother with mining. Just buy the altcoin you like on the exchange and hold it Cool

Best strategy Wink