I have been looking at how well I could be doing using the WTM switcher system here. I did quite a long data set with 4 coins listed ETH ETC ZEC and BCG as my choices. At first there was quite a lot of switching being done. But lately with the last blood bath, ETH has stayed at the top of the list followed with ETC and then ZEC. BTG being the low dog on the block.
I was wondering how well others have been doing in the other coin arenas. I would love to hear which coins you do and why. After all my testing I have decided to just leave the rigs on ETH and see how I fare out. So far, I have done well. This is of course just my direction to go. There are so many to choose from any more it boggles the mind.
All my miners are now GTX1060 except one which is a GTX1050TI and my first one. As a side, all the GTX1060 3G cards have went south under the strain. GRINS
Onward thay
I mined a number of coins with the neoscrypt algorithm. They are not all as profitable as I thought.
Bcp are really empty shitcoins of any team, and even those who have a team are not all really profitable.
In order, here is the profitability that I perceived: FTC, TZC, GBX, INN, VIVO, CRC. ETH is not so profitable, but when the market falls, it's all good to have it in its choices. I still hesitate on ETC. but it is likely that I will add it as well.
In a general way, I stopped all my mining towards cryptopia. This platform requires too much comissions. I'm also trying to do without Bittrex and go through Binance. Their tradding platform seems better than the poor little square Bittrex not very practical.
I'm still stuck on Bittrex for ZEN. But I hope the KMD team will add it to the BarterDEX.
I'm trying the atomics swapps on the Komodo platform, the barterDEX, but things are more complicated than I thought. It takes the good UtxO to trade correctly, and then for now, the volumes are lower. Still, this decentralized exchange already brings good tools and hopes to dispense with an exchange like cryptopia.
Komodo is not worth much for now, but their idea is good, and their Devs are moving forward despite the schedule.
I am very disappointed with their Wallet (Agama) for now, but I am sure it will improve as it seems they are working hard on code rather than marketing. Recently, they hired marketing persnnel, and it shows, but unfortunately not yet on the price. You can now vote on their blockchain. I do not know yet what's the point, I did not take the time to read about it.
I managed to make an exchange in atomic swap HUSH => KMD. the price is about 0.5. So I had ~ 5 KMD for ~ 10 HUSH. This inter-blockcahin transaction cost less than 2 minutes. But I have not managed to do anything else since. I'm having trouble syncing the blockchain KMD which is around 5 GB. Komodod is too slow, and I think I will go through the servers electrums thereafter. At least for KMD.
This atomic swap allows me to avoid going through cryptopia for HUSH and also to avoid Bittrex that I replace porgressively Binance whose costs are lower.
Does anyone have a comparative chart on the costs of the most famous platforms and with significant volumes?
If you know of other DEXs, I'm interested to try.
The algo that has again a higher profitability is Equihash, Neoscrypt has lead in the wing because of these coins that have no real reason to exist except to pump the power of mining and therefore the satoshis that we could generate. I think that only FTC and TZC really have interest on neoscrypt. All others, including GBX are a sore. They are hard to mine and their value has fallen sharply lately. FTC recently pumped massively up to 3800 Satoshis! A great deal and easy to mine at MPH.
So, I began to mine HUSH, MONA, ZEN, ZEC, ETH + XVG, KMD, and I kept NICE-EQUIHASH, NICE-NEOSCRYPT who occasionally point the tip of their nose at WTM. I must specify that I keep these nicehash coins because I have to recover the amounts before their hasck last December. Once recovered all, it is likely that I stop mining at home. coins they offer us another carrot appetizing to stay.
I hope that this long answer will have brought you and others some answers about coins to choose and other not to choose to mine.
