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[chovy]

I'm mining NIMIQ (it is going PoS soon, so I'm mining as much as I can). Its not profitable to mine, but I like the anonymity.
21B tokens.

I'm also mining FIRO (renamed from ZCOIN). Its only got 21M tokens and is at $4 right now. I'm also mining this one at a loss.

Are there any cryptos I can GPU mine with at a profit right now?

 

[Jack / 47 F1]

Can't trust YouTube videos much, the so called experts of YouTube keep on promoting scams too. Before taking information on the video, I will also check other videos of that person to find if he has propagated the scam.
Also what exchanges the crypto he's mining are accepted in exchange for the larger cryptos.

i said - " always investigate 1st before taking anybodies advice. " meaning not to follow anybody blindly. i know there are scammers & dick heads on youtube. but that doesnt mean that every body is a scammer or rip off artist, on youtube.

an interesting channel / person to look up on youtube is called - VoskCoin. he goes into good detail & seems to have a good reputation.

theres another guy who i cant find at the moment. 1 way to tell if somebody is legit, if they get promotional material or miners from companies for free. also how good is their web page.

im not selling anybody anything. im just trying to steer you in the right direction.

 

[Yugocean]

an interesting channel / person to look up on youtube is called - VoskCoin. he goes into good detail & seems to have a good reputation.

Ok I'll check this one, a person have experience of multiple videos and following the advices, I will ask him too if he has any experience with this one.
Thanks for the name, otherwise it is impossible to find "someone" from thousands (if not million) of self styled experts.

 

[Yugocean]

Sometimes mining is not that profitable
But I can advice you to start investing on BBB coin by blocking nodes

What kind of coin is that? There are several Shitcoins named BBB coin, for example BigByteBlock, BullBearBitcoin, BiggestBuyTech, and even BBB (BBB). However, none is active in market, which means they don't have value. We don't even know how they are projected.

 

[Xrin Nightfall]

Individuals can earn a steady stream of cash through cryptocurrency mining. During this procedure, decentralized nodes on a certain crypto blockchain verify other users' transactions. Each of these nodes is running a replica of the relevant blockchain.

They then use technology to validate that the transaction sent across the blockchain network meets the blockchain's requirements for validity and legitimacy.

The non-traceability of payments is enhanced by Monero, one of the most significant privacy-minded currencies and blockchains. Details about transactions on Monero are hidden from view; this is unlike Bitcoin, where the amount of money exchanged is clearly visible. As a result, it offers perfect anonymity in cryptography.

 

[Yugocean]

The non-traceability of payments is enhanced by Monero, one of the most significant privacy-minded currencies and blockchains.

That's right, mining Monero may be the right move, good choice.
But for newbies, strating the mining should make their own researches first.
Monero mining capacity will depend a lot on the capacity of your CPU/GPU, and power. If you do it properly, you will be mining 1 monero in around 100 days.

 

[Yugocean]

Bigbyteblock is the shit coin I'm talking about
And I've already earned and exchanged it through my trust wallet
It has a listing price of $0.0013

This is not ranked in popular market analytical sites like coinmarketcapital or coingeko, however if you have experience, then it is not bad to try. But few questions -
Is there any airdrop of BBB from its developers?
What is the blockchain of BBB ie is that ERC token on Ethereum blockchain or other?

 

[Yugocean]

@Ramzankhan Nobody asked "What is cryptocurrency mining" or "what is required to mine"
Question is, "What else".
Bitcoin mining requires large mining devices, which common people cannot afford, so we are discussing what else are minable, especially with CPU/ GPU/ Mobile, which will not effect device.

 

[David2003]

I am thinking about to build a mining rig to mine Ethereum. I will add four 1050 ti. and I would also like to do the mining on solar system.

Am looking for a that I can mine crypto

 

[Yugocean]

The thing is that you target to mine potential coins because if you do that you will mine them at lower cost and store them waiting for the price to increase. And if those coins are really good and price finally increase you make a lot of profit.

Right now only few cryptos are left with mining requirements, some cryptocurrency like Ethereum are transforming itself from PoW to PoS, which means you won't be able to mine it. However ZCash and DOGE are found to be better to mine, while Bitcoin will need very strong device which is hard to buy and use

 

[Balint098]

Depends on how the governments decide on things in the near future, I think any coins or tokens that are still using Proof of work will soon extinct. Governments are pushing harder to protect the environment, and crypto mining is not environmentally safe, there's a chance they will ban it in the future.

 

[Yugocean]

Depends on how the governments decide on things in the near future, I think any coins or tokens that are still using Proof of work will soon extinct. Governments are pushing harder to protect the environment, and crypto mining is not environmentally safe, there's a chance they will ban it in the future.

This is outdated debate, crypto mining industries are increasing the production of renewable energy, building renewable energy plants. Various Governments are promoting this, no other industry is doing like that

Bitcoin will never become PoS, but it will become reserve, when all Bitcoins will be minted, miners will try dogecoin or some others, or they will become power generator companies.

 

[Ming98]

In addition to cryptocurrencies and gaming assets, you can mine for a variety of other digital assets. For example, you can mine for Steem, which is a cryptocurrency that is used to power the Steemit social media platform. You can also mine for Gridcoin, which is used to support scientific research. Other options include:
- Golem, which is a platform that allows users to rent out their computing power
- Siacoin, which is a decentralized storage platform
- Monero, which is a privacy-focused cryptocurrency
- Zcash, which is another privacy-focused cryptocurrency

 

[Roma2002]

I suggest you do some research mainly the 100 ranked coins and check which one that be mine according to your system capacity. I believed you will get the result.

What the website to find best projects to mine

 

[Roma2002]

In addition to cryptocurrencies and gaming assets, you can mine for a variety of other digital assets. For example, you can mine for Steem, which is a cryptocurrency that is used to power the Steemit social media platform. You can also mine for Gridcoin, which is used to support scientific research. Other options include:
- Golem, which is a platform that allows users to rent out their computing power
- Siacoin, which is a decentralized storage platform
- Monero, which is a privacy-focused cryptocurrency
- Zcash, which is another privacy-focused cryptocurrency

What is You favorite

 

[Wisdom01]

Depends on how the governments decide on things in the near future, I think any coins or tokens that are still using Proof of work will soon extinct. Governments are pushing harder to protect the environment, and crypto mining is not environmentally safe, there's a chance they will ban it in the future.

definitely several countries are implementing policies and regulations to reduce the environmental impact of cryptocurrency mining. Some cryptocurrencies, such as Ethereum, are working on transitioning from Proof of Work to Proof of Stake, which is considered a more environmentally friendly algorithm

 

[Deyiang]

When people talk about mining I will be wondering how this thing is done what will be the cost of mining cryptocurrency.
Though I may not talk about the power that it will be using.
How does the whole thing works?
I don't know if there is any one that can give me the details

 

[Jack / 47 F1]

When people talk about mining I will be wondering how this thing is done what will be the cost of mining cryptocurrency.
Though I may not talk about the power that it will be using.
How does the whole thing works?
I don't know if there is any one that can give me the details

1 thing i can warn you about is ecos mining. dont get fooled by all their bs & fake posts in the forums, online, etc. ecos is a scam, plain & simple. ecos is about the hard sell. you wont make any money. everybody is complaining about how they buy contracts from ecos & actually LOSE money every day. when you buy contracts from ecos, ecos makes money. not anybody else.

so stay well clear of ecos mining. thank me later.

 

[Honny143]

I'm mining NIMIQ (it is going PoS soon, so I'm mining as much as I can). Its not profitable to mine, but I like the anonymity.
21B tokens.

I'm also mining FIRO (renamed from ZCOIN). Its only got 21M tokens and is at $4 right now. I'm also mining this one at a loss.

Are there any cryptos I can GPU mine with at a profit right now?

Actually I don't know anything about mining but when you know you are in loss then why you're mining, just buy those coins from exchanges it's saves your valuable time.

 

[Honny143]

You are right. And one unfortunate thing is that almost all the staking coins are controlled by whales because they stake with high amounts to get high rewards so a small investor there has to be smart.

You're absolutely right buddy big investors always tries to stole small investors hard earned money so they pumps shit coins price once they reach their target immediately they dumped those coins price from this action they makes huge amounts but unfortunately small investors lost their money so before investing do your research.