Quote from: care2yak on March 21, 2018, 02:49:16 PM

Quote from: grendel25 on March 21, 2018, 01:21:36 AM

Quote from: HeraldoCrypto on March 20, 2018, 07:42:57 PM

Quote from: edward ross on March 20, 2018, 05:41:47 PM

Then I left CRYPLY as big Giant CPU farms have entered now and mining 8000+ coins daily and dumping the exchanges with lower price, hence the coin value is not increased and its very difficult to mine with my I7 8500K CPU , it gives me 10-11 CRYPLY coin daily these days.

This could be a noob question, but how do you know all that?

No offense to the other guy, his response is fine but I would just like to point out something else that everyone should learn and understand. There are two key observable facts when it comes to being knowledgeable of mining and trading operations:

1) Difficulty is an observable fact. Difficulty can be observed using different methods. For one, just open up the coin wallet, go into the debug console, and then type a command like "get info" to see the current difficulty. another way is to simply go to a block explorer for the coin you are interested in. Let's take Cryply for example, here is the explorer site: https://explorer.cryply.io/ and here is the stats site: https://explorer.cryply.io/?page=stats Both show the difficulty. Some coins will have a difficulty chart for the entire life of the coin. Unfortunately, my brief search didn't find such a chart for Cryply. However, if it is a coin you have been mining you may already know the difficulty progression and you may have even taken notes at different days of mining to see what the difficulty is. When you see the difficulty multiply by several factors (2x, 5x, 10x, 100x, etc) you know your coin got a lot more interest from miners.

2) Trading of coins and resulting price movement is also an observable fact. So let's say you have been watching that difficulty chart and let's go a step further and say you have also been observing the coin's market trading actions. When you see a coin go from low volume/difficulty and high price to high volume/difficulty and diminishing price you can be sure that miners are mining and then immediately dumping. What you want to see is difficulty go up (preferably after you've mined at low difficulty because you were so sage and wise in your mining decision) and the price go up as people HODL because the coin is so awesome.

That about sums it up. I hope that explains how anyone can track mining difficulty and market price movements. There are more analytics that could be done for even greater granularity. I'll save if for now or feel free to PM me.

I have high regard for people who impart knowledge. Thanks for explaining stuff like difficulty and its relation to price movement. Im new to mining and am trying to learn as much as I can about cpu and gpu mining. With an i7 core, am looking to mine cpu mineable alts as well. Question is, which altcoin will still be profitable despite the dumping sprees; something that doesnt have the risk of being abandoned by its dev team?

Thank you care2yak. Short answer: yes, dev team producing tangible business revenue can easily drive up a coin's value.

Now, "Dev team" is an interesting term. A lot of people (including myself sometimes) want to believe that there isn't really a specific team responsible for the great success of any coin. Maybe it's true that one man named Satoshi Nakamoto started Bitcoin, maybe not. What is clear is that ongoing dev team actions can obviously shape the future of a coin. Bitcoin ATM's, major online retailers accepting bitcoin payment, and widespread adoption of a coin adds real value. So, I think people look at successful examples such as Bitcoin, Litecoin, Ethereum, Doge, Dash, etc etc etc and ask, "what makes these coins successful?"

So, look at what new coins have to offer. Look at who is investing in them. Raven coin for example (to stay on-topic with CPU mining!) has Overstock.com investing in them. There is just tremendous opportunity in this space right now.