• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What is the Cheapest Altcoin to mine ?

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
In the world if cryptocurrency , Bitcoin being the chief of all cryptocurrency is very expensive to mine . I once read that altcoins are better alternative to mine.

Is there someone here who know about any cheap altcoin to mine ,that is not demanding as Bitcoin?
 

gammarays

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Dogecoin should be the easiest since it has an unlimited supply. Just that the value is very low. Notwithstanding, it's the easiest crypto to earn at the moment that's why it's used by many platforms.
 

WhiteHouse

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Check mining pools and select the LEAST profitable altcoin. Normally those alts have the least trouble, since miners are attempting to mine generally beneficial to take care of their hardware as quick as could be expected under the circumstances.

Your inquiry is shrewd. I generally select the least expensive and LEAST productive coins, read reports, whitepaper, bitcointalk, select generally encouraging and dig them for like 10k of coins every day. And afterward in 1–2 years it becomes… 1$… .
 

BTCBEE

Paragon Member
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Check mining pools and select the LEAST profitable altcoin. Normally those alts have the least trouble, since miners are attempting to mine generally beneficial to take care of their hardware as quick as could be expected under the circumstances.

Your inquiry is shrewd. I generally select the least expensive and LEAST productive coins, read reports, whitepaper, bitcointalk, select generally encouraging and dig them for like 10k of coins every day. And afterward in 1–2 years it becomes… 1$… .
hello there...how are you ? well i want to mine a cheap coin so i need guide to mine..which coin you are mining and how much you can mine in day? all coin are going upin value so do you think mining will be fast?
 

Ralphjoe

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Litecoin and dogecoin are the cheapest alternative coins to mine, you don't need too much power to mine them but to an individual, it's still stressful to mine. Successful miners of these coins are always very rich due to how profitable it is to mine them.
 

Royalty

Resident Member
500 Posts Club
USD
$0.0000USD
Biznotes
0
One of the principal ways people first got involved and profited within the crypto ecosystem was to mine coins. Mining is the act of lending your computer's processing power to the cryptocurrency infrastructure. The computers are used to secure the system and verify people's transactions. The miner is then rewarded with cryptocurrency in return. Initially mining was fairly easy and could be profitably achieved on any computer or laptop. As time progressed and there was more competition in mining, the process became more and more difficult. These days, cryptocurrency mining is usually something reserved for large corporate projects using data centers filled with specialized computers to complete the task. Profitably mining at home is now no longer a viable option.
 

Dowenship

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
1
In the world if cryptocurrency , Bitcoin being the chief of all cryptocurrency is very expensive to mine . I once read that altcoins are better alternative to mine.

Is there someone here who know about any cheap altcoin to mine ,that is not demanding as Bitcoin?
I think doge coin its very easy to mine this days! Due to the fact that's its still very low compare to other altcoin in the market.
Quote of the day!!!!
Life will make things hard at some point but face it, fight it, and you will become Victoria
 

Bookwormlux

Ledgendary Member
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
I have not tried to mine any altcoins as I think it is much preferable to just buy them in the different exchange platforms that allow that.
 

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I have not tried to mine any altcoins as I think it is much preferable to just buy them in the different exchange platforms that allow that.
Same here , but mining gives more profit than buying because you earn from transaction fee as well as when you sell ,but it is not easy to set up Mining rig
 

Bookwormlux

Ledgendary Member
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
Same here , but mining gives more profit than buying because you earn from transaction fee as well as when you sell ,but it is not easy to set up Mining rig
This is why so many people prefer to not even think about mining considering the expenses that is involved in it generally. It's not easy.
 

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
This is why so many people prefer to not even think about mining considering the expenses that is involved in it generally. It's not easy.
Yeah , it is not even possible with phone. So people just have to capitalize on buying and selling altcoins base on price fluctuations . But if I have the chance , I will surely mine.
 

Bookwormlux

Ledgendary Member
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
Yeah , it is not even possible with phone. So people just have to capitalize on buying and selling altcoins base on price fluctuations . But if I have the chance , I will surely mine.
That would be when you are really having lots of cash at hand then as this is something that would even require you to get other people who would make things easy.
 

gammarays

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I have not tried to mine any altcoins as I think it is much preferable to just buy them in the different exchange platforms that allow that.
Everything has changed and the price of mining has increased recently so it may not be profitable now as it was before unless you have enough money.
 

Bookwormlux

Ledgendary Member
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
Everything has changed and the price of mining has increased recently so it may not be profitable now as it was before unless you have enough money.
So many applications are out there to scam people and they use the pattern of mining to deceive unsuspecting persons to invest with them.
 

Trexxxy

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Honestly, I don't have the slightest clue about this. I didn't even know you could mine shitcoins. I know bitcoins can be mined, shit coins?
 

eLdavis

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Currently i think the cheapest coins one can mine should be either doge coin or tron. These coins are still coming up, though the value is currently low, but with time it would come up that is why now is the best time to start minning litcoin is also a good one to mine as well.
 

Bookwormlux

Ledgendary Member
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
Currently i think the cheapest coins one can mine should be either doge coin or tron. These coins are still coming up, though the value is currently low, but with time it would come up that is why now is the best time to start minning litcoin is also a good one to mine as well.
I have not seen Legit platforms where one can safely mine Doge Coin and Tron, the ones I have see so far are mostly scammers offering them.
 

Lens

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I think the cheapest altcoin to mine is the doge coin . I mine dogecoin on two applications . It's quite simple , it just requires little technicalities. Although, the hashrate is very slow but it's somehow encouraging
 

eLdavis

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I have not seen Legit platforms where one can safely mine Doge Coin and Tron, the ones I have see so far are mostly scammers offering them.
Same here have not been able to find anyone so far. This is one major problem with minning. There are so many scam sites and bots out there, that one would think there are nolonger legit ones out there. The legit ones are hard to find.
 
Back
Top