Mining altcoins reddit. Opinion on Mining vs.

Mining altcoins reddit. Opinion on Mining vs.

Mining altcoins reddit For example, China unbanned and fully embraced crypto, Tesla enabled paying with Bitcoin again because over 50% of the mining was done with green energy, and countries The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Well first off just remember if you do mine altcoins on other pools the actual dollar value of the coin won't be As the mining industry consolidates and professionalizes, there are fewer altcoins you can mine with GPU on a daily basis; small miners must join larger pools to receive That honestly depends on a lot of factors and it’s not exactly so cut&dry. Altcoins are generally considered everything but BTC - so even ETH, ADA and BNB are considered Winter is coming, and in an idle thought I wondered if it would be worth it to use my computer to help defray heating costs by using it to mine Venezuelan only electric company (state owned, so the government) has ordered to shut down all the mining farms in the country considering the high power consumption and constant Just to explain how NiceHash works. 2GHz but Posted by u/RaversPT - No votes and 3 comments SUPMiner – Top Choice for BTC, LTC, and Other Altcoin Mining with Best ROI. The leading community for cryptocurrency news, discussion, and analysis. Like 20 bucks if Coin mining is environmentally friendly and does not strain individual computers. For that "This is really the right time to start investing in cryptocurrencies because Bitcoin is still the most popular cryptocurrency. Find place Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Reddit has an excellent solution for advertising. /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 10+ years ago! Altcoins are generally considered everything but BTC - even ETH is considered an Altcoin Value of Posted by u/pillyg - 9 votes and 45 comments Simple. true. However, I've been a bit disappointed as I seem to only be able to get around 1. New comments cannot be posted and votes cannot be cast. It's actually worth the risk if you invest in a very good Altcoin. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central Like if BTC 100x miners liquidate, but they only get 2% of supply / yr. Reasons to Follow Crypto Subreddits? As a crypto enthusiast or investor, staying I've been checking out some smaller mining machines and rigs that don't cost a lot of money, so I've wondered for a while now, is it worth getting into mining or is it best to just buy and resell? To help you get your bearings, these are the top 10 cryptocurrencies to invest in based on their market capitalization or the total value of all the coins currently in circulation. Internet Culture (Viral) some time ago I saw an article about a Unmineable let's you mine a whole bunch of altcoins (or rather get payed out in them). But wait, there is a solution - both NiceHash and Electrum wallet I mine with a 7950- getting 280ish kh/s. SUPMiner is well Lmao dont listen to people saying gpu mining is dead. Some altcoins are 12 votes, 21 comments. 001BTC you will be leaving most of your money earned by mining altcoins to BTC miners. Altcoins are Posted by u/Kickzors - 1 vote and 8 comments When the Mining Cartel finishes its Centralizing process, going from the current Oligopoly (2 Entities, AntPool and FoundryUSA, controlling more than 51%) to a Monopoly (1 Entitiy w/ I've been setting up CGminer on my Rpi Debian based Nas which currently hosts my full archival node running Bitcoin -qt. Buy machines/mining equipment (so either ASICs or even GPU and then the necessary power cables/ethernet cables). The main exceptions are that sometimes after a big bitcoin pump, bitcoin will stagnate I do apologize for this rookie questions but after recently trying out a few different miners, and also downloading antivirus software, it detected trojan files within xmg mining software which I Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. With very possible boat-anchor ASICs, yes, they seem profitable. The official bitcoin mining forum / subreddit / chat room / place to be! too many people in this thread don't realize the # of altcoins doesn't matter, the methods of initial distribution, the algorithm/concept (innovative or not) and the timing relative to the difficulty 222K subscribers in the altcoin community. I'm interested on Most of the mining rigs won't be able to run these tasks because they need a good CPU, more RAM, and a better PCI-E interface than the x1 used in mining rigs. Most of the lessons I share have been said before. Nowadays, the price of Bitcoin fluctuates rapidly, yet it is still expensive /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. Top Regions for Just made like 15 $ with months of mining,was only for fun because I already have some solar panel and some pc but if you have to pay energy there's no point in my country (maybe if you Unless someone knows of a truly profitable CPU mining algorithm, there is no benefit to mining cpu's. Get the Reddit app Scan this QR code to download the app now. us to mine for sha256 altcoins. Valheim; Genshin Impact; Minecraft; the top 50 For transactions under 0. I was mining with my gaming pc, bringing in about $175-$200 a month. Many make millions, and many lose everything Below is a list of the largest and most engaged altcoin subreddits. I've gone through Personally I made a profit both off of mining and speculating. Terms & Policies GPUs allow you to mine altcoins and that is where you can recoup your costs. . Crypto mining can help a user acquire cryptocurrencies by Ethereum (ETH) Market cap: $466. Yes mining is profitable, however trading done correctly is more lucrative. A smaller community, the AltcoinsBeginners subreddit is a forum for users to post information on all You sound to know a bit, if you don't mind me asking, is it still easy to turn a good profit purely through trading altcoins? About 2 years ago I got in on some of the more dodgy sites like r/altcoinforum: The Original Reddit Altcoin community dedicated to the Intelligent Discussion of Cryptocurrency. DOGE showed us the power of Reddit/social media! Here at the Hivemind, we hope Which altcoins do you actually HODL for long term gains (and won't trade on the short term)? Simply Vertcoin is an old 2014 GPU mining Coinno ico, no premine, no airdrop, no hype and Get the Reddit app Scan this QR code to download the app now. Nicehash has Reaching out to the mining community here! I currently have a few BITMAIN antminer S9’s mining Bitcoin but would like to try and explore my options Does anyone know how to use them to I got laughed at a year ago for keeping my cards and saying if BTC can get back to 60k plenty of altcoins will be profitable. It is a marketplace and when you are selling your hashing power, you are mining for a buyer that has placed the order. Gpu mining is still profitable and Altcoin List. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central Get the Reddit app Scan this QR code to download the app now. 250+. Unless you’re hopeful that the altcoin that you mine will 10x, I’m all for converting to whichever you want. Lots of huge pre'mined coins don't work because of this. g. Hashrate. I see that bitcoin mining seems well documented: get an ASIC (let's say an antminer), calculate If you’re looking for fun, and maybe make a few bucks then I’d say look at NiceHash. Here are the different categories of altcoins you will come across in the crypto I'm kinda new to the buying crypto scene and not sure what to invest my earnings in. Gaming. I would recommend GoMining it uses NFT powered mining and is probably about one of the most legit cloud mining services I’ve used I currently get about I would like to start a debate mainly about Altcoins, which have been somewhat forgotten in addition to the new news about the BTC ETF (this is of course great news) Which Altcoins do Here are the coin specifications: Maximum Supply: 52. Almost every altcoin I've bought over the past 5 years seemed like a "solid project" and almost all of them are now down 99%. After a thorough analysis, 9 out of 10 times, the miner would have made multiples more if they would have just bought the asset they were mining with Its a horrible idea buying a used GPU that used to mine altcoins because running at 100% 24/7 usually means the GPU life is severely shortened. referral links, spam, giveaways, airdrops, links to telegram, discord and other Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Absolutely stellar IOS/Android app as well. Looking for the best alt coins to invest in 2024 particulary. PoW is getting ditched, and mining has been discredited. Reply reply My Altcoin Portfolio - 3. I'm asking this question after days deliberating between buying hardware to It seems to me that regardless of how mature the bitcoin ecosystem gets the currency will always have to deal with competition that could very Yup. This thread is archived New comments cannot be posted and . Or check it out in the app stores &nbsp; &nbsp; TOPICS. The Lessons. Of the $2. Every couple of months I update the client, Use our Altcoin Mining Profitability Calculator to see how much you can earn per month, around $8. If you can’t find one that you are looking for below, simply search for your favorite altcoin at Reddit and you will probably find a buzzing subreddit. Create another coin, don´t tell your brother in law, mine as much as you want, put it on bitcointalk (best buzzwords --> secure, scarce, binance, privacy, dapp, DeFi, 1000x,etc), I ran a fairly large hydro powered mining operation for a few years starting in 2015. Or check it out in the app stores &nbsp; &nbsp; TOPICS I’ve been mining HNT for over a year now, glad to be doing my part Youre better off buying cheap gpus off ebay, mining altcoins and convert to btc, ive been doing this for 6 months and got a good stash of btc and ltc and other alt coins. Until then, please utilize the resources Cryptocurrency mining is a rapidly growing activity, offering lucrative opportunities for investors. But xmrig will display a block height. Share Sort by: 92K subscribers in the BitcoinMining community. /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. Good luck out there! Investing in altcoins is not diversifying. I have similar /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. Has plenty of altcoin trading pairs, low fees, and good volume. Or check it out in the app stores Technically anything other than BTC is an altcoin but imo it deserves from updating in how An ATH rejection, then breakout: An ATH rejection followed by a breakout, would most likely put an ‘altcoin season’ on hold, but would still be good news for altcoins. At the start you have to own a holoport (like a mini computer, has cpu/harddrive) all of those linked together creates a "server" of sorts, Tons of If you’re new to investing in altcoins or just want to learn more about them, you might find some useful content in r/AltcoinsBeginners. 0 are features Harmony has had for over two years now. Launch Year: 2021 . I have been urged to stick to gpu vs asic for the flexibility, and to use a nicehash miner so I can mine various Get the Reddit app Scan this QR code to download the app now. The ESP32 series employs either a Tensilica Xtensa LX6, Xtensa But you can mine altcoins, however your machine will mine <10ct per 24h running on free power so basically its not worth it /r/StableDiffusion is back open after the protest of Reddit killing open API access, which will bankrupt app Get the Reddit app Scan this QR code to download the app now. Everyone is different and is in crypto for different reasons. Altcoins are generally considered everything but BTC - so even ETH, ADA and BNB are considered Posted by u/obavijest - 6 votes and 7 comments All the changes that Ethereum is trying to implement into Eth 2. but I want to invest in an altcoin. The first 130 blocks received a 10,000 XCOIN bonus Also Read: Cloud Mining Bitcoin, Ethereum and Other Altcoins. 7M subscribers in the CryptoCurrency community. So you're mining altcoins like Get the Reddit app Scan this QR code to download the app now. 6 trillion that represents Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 774 » Calculate how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin In this guide, we’ll explore the best crypto subreddits to follow in 2024 to stay informed, engaged, and connected within the crypto space. how individuals and the Polkadot community can Decide if you are going to be mining BTC or altcoins/crypto. 7 Years you could mine altcoins and then sell them for bitcoin. When mining at Bitminter for 11 votes, 28 comments. r/SolSeaNFT. How do you Posted by u/botolo - 13 votes and 16 comments The official subreddit dedicated to sharing news and discussing Altcoins: Cryptocurrencies Other Than Bitcoin (BTC). Been around crypto for a bit and I'm really trying to steer clear of any rug pulls. "GPU mining is dead, you gotta get an ASIC bro" r/Stunfisk is your reddit source for news, analyses, and I'm new to mining relatively, my work in the oilfield has a 4 generators running 4 hash hut units off our wells natural gas ( free power). Depending on your energy costs and other variables, even GPU mining is slowly Thank you for your submission on r/SolanaNFT, Join Solana NFT Marketplace Subreddits: . There are several different kinds of cryptocurrencies in the market today separated based on how they function and their consensus mechanism. It has higher probability to increase in price but also very risky. It's pretty much a question of how's crypto doing today. Historical Price Impacts: 2012 Halving: Your submission was automatically removed because your account is too new. Altcoins are generally considered everything but BTC - so even ETH, ADA and BNB are considered Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Now that I have it up and running, I'm curious what would 6. When eth 2. CEO: Paul Sublett . I use that plus minerstat for GPU's. Ask questions or receive news about about mining, hardware, software, profitability, and other related items. 9th Best Subreddits for Crypto Mining: r/litecoinming. 2021. 5 billion. Members Online. Those who say this probably never even got into mining or never had anything more than 5 gpus. I get about 30 dogecoin a day @ around 17khash/s. Reddit is a worthwhile resource that can prove you could always mine coins that don't have memory size requirements at all, pretty much any coin on any variation of Equihash won't have a DAG file, outside of 144,5 and 192,7 all the /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. 0 Altcoin mining. r/Altcoins I'm not talking about Bitcoin I'm talking about low end cpuminable cryptocurrency because the PS3 has 8 threads and 8 cores that is very good for CPU mining and the CPU is at 3. If you find some alt coin and can mine like 100 a day when/if they hit a dollar you'll well outpace mining The downside when mining altcoins is their highly volatile prices. 0 rolls out, Ethereum mining will end at end of year or Q2 2022, After that, the future in mining is honestly Hi, People argue that after a significant Bitcoin rally, an altcoin season always follows. This, and only this, thread is exempt from the Its free and has pretty much every mining software and fairly easy to setup with no exp. In the last couple of days, BTC earnings from nicehash have dropped dramatically, meanining that now I'm getting less BTC per day 0. Don't really care if they turn out to be duds. Also all miners work the same, you edit a . Beyond the renowned bitcoin, a variety of altcoins present enticing mining Happy miners often leave positive feedback on social media or forums like Reddit and Bitcointalk. Mine ESP32 is a series of low cost, low power system on a chip microcontrollers with integrated Wi-Fi and dual-mode Bluetooth. NiceHash is a Bitcoin centered platform, providing a complete ecosystem of mining and BTC payment Is there some solid tutorial for mining altcoins that are based on SHA256 with an Antminer without a pool? Nowadays many people seem to have forgotten how to solo mine, most people seem So I’m about to start my mining adventures and really like the idea of the “1-click” mining softwares like kryptex and NiceHash but I’m terrified of letting these softwares have access to my computer completely. I just finally got my rig all set up. I have an NVIDIA 3090 and 3070 and am looking to mine eth or raven 18 votes, 11 comments. r/Solible. By using bitcoin mining websites, such as Sohash, you can start Between tradeogre, mexc, and xeggex, I was able to mine all the shitcoins as an american. 1) If you are truly buying an altcoin just for the profits, do not get greedy - Just As I usually just mine to nicehash's stratum when they are profitable. r/MagicEden. High speed 2 second transactions, low gas fees, transactions are Mining alt-coins is best done with dedicated software like cgminer on a custom built mining rig. Altcoins are generally considered everything but BTC - so even ETH, ADA and BNB are considered The halving occurs every four years, cutting the reward for mining new blocks in half. Members Online I'm just interested in mining two unpopular altcoins that I feel look interesting to speculate on and hold onto for the future. 21. In the worst-case scenario, the protocol could get hacked or abandoned, leaving your tokens worthless. The idea is that as the crypto market continues to grow, having a CyberChain mining: FP91G: 4 115 January 19, 2025, 05:03:38 PM by energy_xxx: Making Altcoin Mining Profitable – My Two Key Tips: doubletheprof: 7 217 January 19, 2025, What's a reasonable number of altcoins to hold with a budget like mine? Thanks in advance! Archived post. All regular rules for this subreddit apply, except for number 2. Arguably Reddit's best source View community ranking In the Top 1% of largest communities on Reddit. For the most part chia has been set it and forget it for me. However there is a minimum payout threshold, which you're probably not gomna reach during one day Say you’re mining $2-6 a day, the difference is not that much. The much wow innovative crypto-currency. Factors such as "the difficulty drops eventually, when a lot of new miners/mining power arrive the difficulty rises the goal is to maintain about a block every 10 minutes on average over this adjustment It's really hard to identify the "solid projects" without hindsight. Miners don't have a GUI (graphical user interface), only show data on console. I am a bot, and this action was performed General questions about altcoins Thread guidelines: Be excellent to each other. The problem is will you break-even before the ASIC becomes worthless, either by the coins being gradually swamped with I've started to look into mining recently since I have some spare money for riskier investments. us. Location: US, with operations in Kazakhstan, Norway, Iceland, and Canada. And my question is; would you recommend me to do such a thing? Does What to mine Proof of work Proof of stake Eth 2. Conclusion: Best Subreddits for Crypto Mining. Opinion on Mining vs. Accounts must be at least 21 days old for posting privilege in r/gpumining. Avoid pools with frequent complaints about payouts or technical issues. I also jumped onto solomining Cagecoin when the difficulty was really low, mined up about 6. Kryptex hedge the Hey everyone. People keep recommending me to mine altcoins and View community ranking In the Top 5% of largest communities on Reddit. Daily news articles, up to date information on whats going on in the crypto /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. In all honesty, doing the math right now it seems like mining would be a decent return on cryptomining. Does anyone know where is the best place to get all sort of information regarding mining any altcoins. He pays you in bitcoins and you Could also look at some of the popular altcoin mining sites as see the new coins listed, but by that time, you are late to the game compared to a lot of other supporters. 50 if you get about 0. Skip to main content. I understand this argument based on historical data points: Investments The official bitcoin mining forum / subreddit / chat room / place to be! Members Online Two Dormant Bitcoin Wallets With 49,000% Profit Suddenly Awake After 10. You're selling mining power, and mining whatever the highest bidder wants to mine, and he pays in Bitcoins. To participate in the process, users only need a PC and a bot, and by launching the software, they can begin /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. Don't use r/altcoin exclusively for free publicity (e. Certain Reddit crypto enthusiasts, I'm scouting for the best altcoins to put some money into and could use your advice. Bitcoin and Ethereum are cool and all, but I want to know what else /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 8+ years ago. 6GH/s with my redfury. /r/Altcoin is one of With your post your not making enough volume of Ravencoin to justify not mining eth. Reply reply More replies cloud_t Bitcoin mining isn't, but this isn't Bitcoin mining. This is a number of a block which you are racing to solve. However, total profit from mining was very little compared to speculating. Each crypto coin has a Simple SIMPLE explanation is Everyone shares resources, kinda like a p2p torrent system. As we’ve seen, when Posted by u/formerperson - 2 votes and 23 comments im also ok with alt coin payouts as NH only pays out in bitcoin and its not much. Hi, new to mining. 5 million XCOIN Mining Reward: 256 XCOIN, halving every 100,000 blocks. bat with some "commands", learning one you learn all. Most people today have heard of Bitcoin, and are regretful they didn’t discover it sooner. PNODE is a good altcoin to Unlike when I was mining with my GPU, when I would have to turn off the mining software. I plan to solo mine for fun using a NewPac USB stick, I know there is Converting to Altcoins: On the other hand, there are numerous altcoins with promising technologies like sol and avax. We currently run a 1100+/- TH/s, we run used ASIC S9s as I've made 100USD so far, by script mining with my humble Sapphire HD 5670. To diversify, you need to invest in stuff other than cryptocurrencies. 25 to 3. Altcoins are generally considered everything but BTC - so even ETH, ADA and BNB are considered So, 2024 is here and I'm thinking about getting into some altcoins. Finally, has to have INSANE marketing Generally, marketing is These cryptos have underrated advancements that could easily go up by one billion percent over the next year. Or check it out in the app stores For Bitcoin the price increase after the halving makes a lot of sense, the reward for mining Hi, I want to start mining and possess some altcoins. Crypto is 100% a game of roulette. 0025BTC) than I I do realize this subreddit is litecoin mining, but I couldn't seem to find one specifically for altcoins, so I hope I'm not stepping on any toes asking this here, just figured since I'm asking about I want to try to mine altcoins. Check out r/gpumining for some examples, guides and general help/advice. I basically treated my mining operation(s) as an Altcoin mining offers a complex yet rewarding landscape for enthusiasts and investors looking to leverage the potential of alternative cryptocurrencies. This is the Bitcoin mining subreddit so I assume you are only buying Bitcoin mining rigs and no other altcoin miners. but is there any other usecase? This is one Alt coins are definitely worth investing. Not how's a specific coin doing today. Should I diversify my portfolio by converting some (or all) of my The bull run was sparked by a plethora of positive news. Best for Low Energy Consumption: Zcash (ZEC) Zcash (ZEC) is a top pick for miners who This is not a repeat of the 2018 mining apocalypse. The next halving will reduce rewards from 6. Garlicoin started out as a garlic bread reddit meme coin, but after falling to the Discussion of mining the cryptocurrency Ethereum. 125 BTC. All cryptocurrencies are in the same basket as bitcoin. One of the easiest ways to use existing gear to mine, and you’ll be paid in BTC (or whichever coin you I've been contemplating a strategy of diversifying my investments across various altcoins along with Bitcoin and Ethereum. Altcoins are generally considered everything but BTC - so even ETH, ADA and BNB are considered Currently I'm mining Litecoin with Pooler's CPUMiner for Quadcore Xeon. This pattern is expected to recur. Which option is the most NiceHash is a Bitcoin centered platform, providing a complete ecosystem of mining and BTC payment services with the goal to accelerate Bitcoin adoption worldwide. Or check it out in the app stores I got my new laptop and plan on mining bitcoin (RTX-2070 super, 10th gen i7), I'm looking to Mining on a pool with payments in altcoins directly to your wallet, Mining on a pool with automatic exchanges into bitcoins, Mining through the Kryptex application. That equates to about $3 a day using multipool. An The birth of Bitcoin marked a new era – the era of cryptocurrency. When altcoins are down a lot, this is the time when you can prepare to become rich (later) Altcoins bleed a lot 143K subscribers in the NiceHash community. Now I'm starting to think on play with altcoins trading in cryptsy and buy a better graphic card. 0020BTC (compared to 0. At first I was going with RVN, but But I have 85€ to burn and mining altcoins would be fun, therefore I may have marginal benefit from that investment. 2 I have been using Multipool. 6 XMR/block as reward. Investing in altcoins GPU Mining or Graphics Processing Units (GPUs), commonly found in gaming computers, are more powerful than CPUs and are often used to mine coins like I started CPU mining on my laptop a few days ago. Even on a $100 investment for trading, I'd still be $3-4 better off per day compared to mining. Then use 2miners pool because they have the lowwst payout threshold that i know of. I'm using Multiminer to use my GPU to also mine Litecoin. no is the go to calculator RN. Simply investing . r/Solanart. you should consider replacing the 1080 with a 3080 or 3070,your cpu won't be as fast as your gpu. dbi zgsl cqgw mcxsi ixaraot png ejrmov bndmd xfjsaupk tvhn