Post
Topic
Board Mining (Altcoins)
Re: Mining GPU Coins in 2023
by
arielbit
on 16/04/2023, 12:17:54 UTC
NEXA and KASPA will be new bull season coins. Maybe DNX.
Well, NEXA pays the first payment after 7 days. But it s a good thing for long term mining. Not good for the beginner level.

CLORE, PAPRY, NOVO, EVR are not good coins in my opinion. (for long term mining)
Well, the prices is up in time but not for long term.

I'm thinking about running my own node and mining KASPA but a little lazy to set it up.

I'm mining NEXA but I hate waiting 7 days to get paid out. I agree though that it might be a good thing since it keeps miners from just dumping as soon as they mine NEXA.

I'm not a fan of KAWPOW since it draws too much power.
This way miners will avoid the KAWPOW algorithm. On new video cards, this algorithm is not very profitable and consumes a lot of energy. The old video cards VEGA 64 and VEGA 56 perform quite well here at 30Mh/s, although the 4090 shows 65 Mh/s. And the 6600 XT is one of the most economical cards based on this algorithm.

KAWPOW is not good on new cards because it is only around x2 to x2.5 the hashrate from old video cards LOL. Like from 1xxx to 4xxx series, i think the very old video card 290x is half of 1xxx in KAWPOW or PROGPOW hehe.

Those algos are not just ASIC resistant but also a slow generational gpu mining improvement, now think of the price comparison of cards heheh