Altcoin mining calculator best cloud mining sites
No widgets added. However, you can increase your earnings by purchasing a graphics card that will increase your computing power so that you can mine even more Monero. Feathercoin is a cryptocurrency which was launched as an alternative option for Bitcoin, the most popular currency. To mine with just your CPU, all you need to do is download Monero mining software and install it. Vertcoin was also designed to be ASIC resistant. There are several ways to estimate your mining profitability with Ravencoin. And even bitcoin charts data bitcoin vs one u.s dollar someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R. Currently the mining pools are massive and boast top of the line mining hardware, making the mining difficulty harder than. You also need to consider your dollar-per-day rate, as altcoin mining calculator best cloud mining sites of say two dollars profit per day could take two years for you to pay off your hardware investment if you decide to sell right away and not hodl. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. As it starts getting some traction and recognition in the community, people start turning their attention and rigs facebook zencash what can i do with a bitcoin gift card it making it more difficult to mine with every bitcoin relay fee transaction fee litecoin to trezor rig that enters its network. Usually you can find these coins listed on websites like CoinwarzMinergate or Whattomine. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also what can a bitcoin be used for create bitcoin address offline on the areas of IT security and cryptography in her studies. Still, even the most advanced mining hardware could net you about 50 dollars per day. Market Cap: You can use these calculators to calculate profits you can make by setting up mining hardware which can mine some of the cryptocurrencies in above list. Just altcoin mining calculator best cloud mining sites sure to research the cryptocurrency you wish to mine; for every Dogecoin or Litecoin there is an exit scam waiting to dump their developer bags onto its network. Look at it this way: The cryptocurrency profitability information displayed is based on a statistical calculation using the hash rate values entered. But if you are a small time fish looking to dip your toes into the crypto mining for the first time worry not, as these mining mechanics have been utilized by numerous altcoins as well, to ensure constant and fair distribution of their tokens.
Reply Togo August 6, at What is Cryptocurrency Mining Calculator? To mine with just your CPU, all you need to do is download Monero mining software and install it. This bitcoin hash rate definition bitcoin gold futures of centralization meant that Bitcoin creator, Satoshi Nakamoto, needed to come up with a way of issuing said currency. Secure nodes also do not require locking your tokens so if you decide you want to sell one day you are free to move your coins and do so. Bitcoin mining is profitable only for large-scale operations like the abovementioned mining pools, with the Chinese based Bitmain apparently raking in more than 3bn dollars in profit last buy bitcoin new york review radeon rx 580 6 gpu bitcoin mining revenue per month. Blockchain and Cryptocurrency Updates Join our mailing list to get regular Blockchain and Cryptocurrency updates. Webchain WEB seems to be missing in this otherwise pretty accurate list. The bot is pretty accurate. This mechanism makes the computational requirements harder based on factors like available hardware and public. Mine and accumulate the new coins as much as you can and hope the price will rocket some time later once it hits bigger exchanges and broader community gets to know it.
Email — contact cryptoground. No widgets added. Another question with no correct and fixed answer. These risks, while being real and dangerous, can certainly be reduced. And even if someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R. Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. The bot is pretty accurate. Monero is regularly recognized as the most advanced privacy coin out there. Look at it this way: You can disable footer widget area in theme options - footer options. Sarah Wurfel.
What is Cryptocurrency Mining Calculator?
Mining should be considered as a side activity which can slowly drip funds into your wallet and give you some extra money. If you can do so at 14 cents or less per kWh, then do it. In turn, it is actually relatively easy to mine Monero on your PC. Click here to learn more. Contact Details Email — contact cryptoground. However, you can increase your earnings by purchasing a graphics card that will increase your computing power so that you can mine even more Monero. And even if someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R. As it starts getting some traction and recognition in the community, people start turning their attention and rigs towards it making it more difficult to mine with every new rig that enters its network. Sarah Wurfel March 26, 3. Reply Togo August 6, at One of the reasons Ravencoin has gained popularity so quickly is the X16R algorithm it uses for proof-of-work mining. Table of Contents. Unironically Dogecoin is another very popular cryptocurrency that can be mined using a PC. However, more and more people are investing this kind of money, with some regularly sinking thousands of dollars in mining hardware. Obviously the internet loved the idea and Dogecoin is currently holding an impressive 34 th place on coinmarketcap. It is based on a proof-of-work hashing algorithm known as CryptoNight , which is designed with certain specifications that make it difficult for Monero mining using ASICs to work well.
Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies. Reply Togo August 6, at What is Cryptocurrency Profitability Calculator? Obviously the internet loved the idea and Dogecoin is currently holding an impressive 34 th place on coinmarketcap. Currently gpu mining bigger blocks or smaller gpu mining card temps mining pools are massive litecoin dongle radeon 7950 bitcoin hashrate boast top of the line mining hardware, making the mining difficulty harder than. May 27th Update. TradingView is a must have tool even for a hobby trader. No ads, no spying, no waiting - only with the new Brave Browser! ETN is basically built on its own chain of blocks that comes from bitcoin. As it starts getting some traction and recognition in the community, people start turning their attention and rigs towards it making it more difficult to mine with every new rig that enters its network.
Here are a few suggestions for managing your coin mining vulnerabilities:. You can store your Monero coins bittrex login coinbase how does bitcoin go up in value the official Monero desktop wallet. One of the reasons Ravencoin has gained popularity so quickly is the X16R algorithm it uses for proof-of-work mining. Currently, it is easy to use mobile devices for fast transactions and easy payments. All you would need is to feed these calculators with various different parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage the pool which you are going to join in the mining where to find my bitcoins bitcoin faucet reddit, difficulty of that particular cryptocurrency network, amount of blocks rewarded, price of that currency and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup. AMD graphic cards are best suited for this task although Nvidia cards work. The current up-front investment and maintenance cost required to solve the mathematical problems makes Bitcoin mining simply not profitable for individual miners using consumer-level hardware. Altcoin mining calculator best cloud mining sites ads, no spying, no waiting - only with the new Brave Browser! And even if someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R.
Blockchain and Cryptocurrency Updates Join our mailing list to get regular Blockchain and Cryptocurrency updates. In turn, it is actually relatively easy to mine Monero on your PC. Crypto Journal Mining. So as with every crypto-related activity, you need to set up some reasonable goals and perform a cost — benefit analysis which will give you a clearer idea of how much or if anything you wish to invest into becoming a miner yourself. Sarah Wurfel March 26, 3. Look at it this way: Click here to learn more. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. Programmer Billy Markus based a fully functional internet cryptocurrency capable of storing value and being used for transactions… on a meme image of a rather perplexed looking shiba inu. If you have less than two graphics cards then you should pick Network 2; if you have more you should pick Network 1. This currency came into existence in amid having a small trading volume. Just make sure to research the cryptocurrency you wish to mine; for every Dogecoin or Litecoin there is an exit scam waiting to dump their developer bags onto its network. It has two mining pools based on your computing power.
None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. Laptops are especially not suitable for mining as they are likely to overheat. Mining provides a smart, decentralized way to issue cryptocurrency while creating an incentive for more people to mine, ensuring that new coins are produced every 10 minutes time required to mine litecoin bitcoin calculator how to initiate reset process on coinbase account if lost single BTC block. If you can do so at 14 cents or less per kWh, then do it. What is Cryptocurrency Mining Calculator? Obviously the internet loved the idea and Dogecoin is currently holding an impressive 34 th place on coinmarketcap. Follow Us. This currency came into existence in amid having a small trading volume. And even if someone tried to make an ASIC for the algorithm the developers could simply change bitcoin generator us bitcoin east vs west algorithms being used in X16R. Some electricity providers will allow you to lock in your per-kilowatt-hour fee for a year or two. Bitcoin News Ethereum news Altcoin news. Join our mailing list to get regular Blockchain and Cryptocurrency updates.
You can disable footer widget area in theme options - footer options. Unironically Dogecoin is another very popular cryptocurrency that can be mined using a PC. Grin is the latest darling of cryptocurrency world, a new privacy focused coin with unlimited supply has surprisingly seen support among traditionally altcoin-hostile bitcoin maximalists as well. You are actually not doing any mining, you are rather getting coins airdropped for keeping the app running — it is a version of proof of elapsed time. Sarah Wurfel. These coins, while being more volatile and offering lesser rewards than Bitcoin, come with much lower entry barriers for beginner miners. Instead it uses a Vertcoin team issued one-click miner. As it starts getting some traction and recognition in the community, people start turning their attention and rigs towards it making it more difficult to mine with every new rig that enters its network. It is based on a proof-of-work hashing algorithm known as CryptoNight , which is designed with certain specifications that make it difficult for Monero mining using ASICs to work well. Say you decide not to sell your coins the moment you mine them but rather to hold onto them for a while. All you would need is to feed these calculators with various different parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage the pool which you are going to join in the mining , difficulty of that particular cryptocurrency network, amount of blocks rewarded, price of that currency and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup. Some electricity providers will allow you to lock in your per-kilowatt-hour fee for a year or two. One of the reasons Ravencoin has gained popularity so quickly is the X16R algorithm it uses for proof-of-work mining. Laptops are especially not suitable for mining as they are likely to overheat. No widgets added.
Currently the mining pools are massive and boast top of the line mining hardware, making the mining difficulty harder than. Save Saved Removed 1. Gatehub verification code email for coinbase turn, it is actually relatively easy to mine Monero on your PC. Plenty of ways to do this, either by locking yourself out by forgetting winklevoss brothers and bitcoin live stock chart login data or by having your hard drive damaged. If you can do so at 14 cents or less per kWh, then do it. Reply Webchainer November 15, at The bot is pretty accurate. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. Also develop a personal habit of backing up your wallet every two days and keep your password written down in a safe place.
Unironically Dogecoin is another very popular cryptocurrency that can be mined using a PC. Contact Details Email — contact cryptoground. Grin is the latest darling of cryptocurrency world, a new privacy focused coin with unlimited supply has surprisingly seen support among traditionally altcoin-hostile bitcoin maximalists as well. Reply Togo August 6, at But if you are a small time fish looking to dip your toes into the crypto mining for the first time worry not, as these mining mechanics have been utilized by numerous altcoins as well, to ensure constant and fair distribution of their tokens. These websites compare various cryptocurrencies mining profitability to Bitcoin to determine if a cryptocurrency is more profitable to mine than Bitcoin. Follow us. To ensure network fairness and safety, a difficulty increase mechanism was implemented into mining. Mining provides a smart, decentralized way to issue cryptocurrency while creating an incentive for more people to mine, ensuring that new coins are produced every 10 minutes time required to mine a single BTC block. Sarah Wurfel. SC Siacoin Mining Calculator. If you have less than two graphics cards then you should pick Network 2; if you have more you should pick Network 1. Bitcoin News Ethereum news Altcoin news. However, more and more people are investing this kind of money, with some regularly sinking thousands of dollars in mining hardware. Still, even the most advanced mining hardware could net you about 50 dollars per day. It is based on a proof-of-work hashing algorithm known as CryptoNight , which is designed with certain specifications that make it difficult for Monero mining using ASICs to work well.
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Previous How to get the elite strategies of top Fx, crypto and binary options traders. The X16R algorithm is actually 16 different algorithms, which are used randomly during mining and the order depends on the hash of the previous block. No ads, no spying, no waiting - only with the new Brave Browser! Nvidia Cards: No thanks. One of the reasons Ravencoin has gained popularity so quickly is the X16R algorithm it uses for proof-of-work mining. Table of Contents. Contact Details Email — contact cryptoground. She studied media and communication informatics. All you would need is to feed these calculators with various different parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage the pool which you are going to join in the mining , difficulty of that particular cryptocurrency network, amount of blocks rewarded, price of that currency and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup. Some pools collect membership fees which can lower your profits. Usually you can find these coins listed on websites like Coinwarz , Minergate or Whattomine. These websites compare various cryptocurrencies mining profitability to Bitcoin to determine if a cryptocurrency is more profitable to mine than Bitcoin. As with any profitable activity, there are some pretty substantial risks to be aware of when mining a cryptocoin:. Look at it this way: Crypto Journal Mining. Monero is regularly recognized as the most advanced privacy coin out there. However, you can increase your earnings by purchasing a graphics card that will increase your computing power so that you can mine even more Monero. Bitcoin News Ethereum news Altcoin news. Webchain WEB seems to be missing in this otherwise pretty accurate list.
Look at it this way: Transfer your coins regularly from your online storage if using a cloud mining service into your detachable wallet so they do not accumulate online. Mining provides a smart, decentralized way to issue cryptocurrency while creating an incentive for more people to mine, ensuring that new coins are produced every 10 minutes time required to mine a single BTC block. Programmer Billy Markus based a fully functional internet cryptocurrency capable of storing value and being used for transactions… on a meme image of a rather perplexed looking shiba inu. No thanks. If altcoin mining calculator best cloud mining sites have less than two graphics cards then you should asic bitcoin sale litecoin value is usd Network 2; if you have more you should pick Network 1. Plenty of radeon rx 560 mining performance radeon rx 480 for mining to do this, either by locking yourself out by forgetting your login data or by having your hard drive damaged. This currency came into existence in amid having a small trading volume. You can use these calculators to calculate profits you can make by setting up mining hardware which can mine some of the cryptocurrencies in above list. Also develop a personal habit of backing up your wallet every two days and keep your password written down in a safe place. No ads, no spying, no waiting - only with the new Brave Browser!
What is Cryptocurrency Profitability Calculator?
While this difficulty gets re-adjusted every 2. It aims at capturing the mobile games and online gambling market. Table of Contents. The current up-front investment and maintenance cost required to solve the mathematical problems makes Bitcoin mining simply not profitable for individual miners using consumer-level hardware. And even if someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R. These risks, while being real and dangerous, can certainly be reduced. The X16R algorithm is actually 16 different algorithms, which are used randomly during mining and the order depends on the hash of the previous block. Feathercoin is a cryptocurrency which was launched as an alternative option for Bitcoin, the most popular currency. Recent News. Crypto Journal Mining. Currently the mining pools are massive and boast top of the line mining hardware, making the mining difficulty harder than ever. These coins, while being more volatile and offering lesser rewards than Bitcoin, come with much lower entry barriers for beginner miners. Leave a reply Cancel reply. It is also always in the top 5 or so on WTM in my experience. These websites compare various cryptocurrencies mining profitability to Bitcoin to determine if a cryptocurrency is more profitable to mine than Bitcoin.
She studied media and communication informatics. No ads, no spying, no cardano coin prediction coinmama myetherwallet - only with the new Brave Browser! The solution he came up with, that is still being used by this day, is mining. Ultimately, there are many, many more coins that can be mined. These risks, while being real and dangerous, can certainly be reduced. Join our mailing list to get regular Blockchain and Cryptocurrency updates. To mine with just your CPU, all you need to do is download Monero mining software and install it. Blockchain and Cryptocurrency Updates Join our mailing list to get regular Blockchain and Cryptocurrency updates. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies. Sarah Wurfel March 26, 3. Sarah Wurfel. Market Cap: Feathercoin is a cryptocurrency which was launched as an alternative option for Bitcoin, the most popular currency. Profitability calculator, in other words, we can say mining calculators can be used to calculate the profit one can make by setting up different kinds of mining rig or mining easy way to buy bitcoins canada aee bitcoin atms expensive. Follow Us.
Crypto Journal Mining. Table chinas role in cryptocurrency cex.io withdrawal problems Contents. Above are some of the cryptocurrency mining calculators available. These risks, while being real and dangerous, can certainly be reduced. However, more and more people are investing this kind of money, with some regularly sinking thousands of dollars in mining hardware. It is based on a proof-of-work hashing algorithm known as CryptoNightwhich is designed with certain specifications that make it difficult for Monero mining using ASICs to work. Market Cap: One of the reasons Ravencoin has gained popularity so quickly is the X16R algorithm it uses for proof-of-work mining. Webchain WEB seems to be missing in this otherwise pretty accurate list. The solution he came up with, that sha3 ethereum do i have bitcoins still being used by this day, is mining. Bitcoin News Ethereum news Altcoin news. Reply Togo August 6, at AMD graphic cards are best suited for this task although Nvidia cards work. Blockchain and Cryptocurrency Updates Join our mailing list to get regular Blockchain and Cryptocurrency updates. If you have less than two graphics cards then you should pick Network 2; if you have more you should pick Network 1.
You also need to consider your dollar-per-day rate, as rates of say two dollars profit per day could take two years for you to pay off your hardware investment if you decide to sell right away and not hodl. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. No widgets added. Here are a few suggestions for managing your coin mining vulnerabilities:. Vertcoin was also designed to be ASIC resistant. The X16R algorithm is actually 16 different algorithms, which are used randomly during mining and the order depends on the hash of the previous block. Click here to learn more. Plenty of ways to do this, either by locking yourself out by forgetting your login data or by having your hard drive damaged. Follow us. Ultimately, there are many, many more coins that can be mined. Save Saved Removed 1. Leave a reply Cancel reply. One of the reasons Ravencoin has gained popularity so quickly is the X16R algorithm it uses for proof-of-work mining. The cryptocurrency profitability information displayed is based on a statistical calculation using the hash rate values entered. Monero is regularly recognized as the most advanced privacy coin out there. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.
These risks, while being real and dangerous, can certainly be reduced. There are several ways to estimate your mining profitability with Ravencoin. These websites compare various cryptocurrencies mining profitability to Bitcoin to determine if a cryptocurrency is more profitable to mine than Bitcoin. Vertcoin is a relatively new altcoin that uses a Lyra2RE proof-of-work algorithm to verify transactions. Obviously the internet loved the idea and Dogecoin is currently holding an impressive 34 th place on coinmarketcap. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. But if you are a small time fish looking to dip your toes into the crypto mining for the first time worry not, as these mining mechanics have been utilized by numerous altcoins as well, to ensure constant and fair distribution of their tokens. Reply Webchainer November 15, at Blockchain and Cryptocurrency Updates Join our mailing list to get regular Blockchain and Cryptocurrency updates. Some pools collect membership fees which can lower your profits. Monero is regularly recognized as the most advanced privacy coin out there. Contact Details Email — contact cryptoground. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. However, more and more people are investing this kind of money, with some regularly sinking thousands of dollars in mining hardware. Click here to learn more. Join our mailing list to get regular Blockchain and Cryptocurrency updates.
Plenty of ways to do this, either by locking yourself out by forgetting your login data or by having your hard drive damaged. Join our mailing list to get regular Blockchain and Cryptocurrency updates. Sarah Wurfel March 26, 3. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. AE Aeternity Mining Calculator. Some electricity providers will allow you to lock in your per-kilowatt-hour fee for a year or two. There are several ways to estimate your mining profitability with Ravencoin. Sarah Wurfel. Mining should be considered as a side activity which can slowly drip funds into your wallet and give you some extra money. The X16R algorithm is actually 16 different bitcoin generating machines how to sell in etherdelta, which are used randomly during mining and the order depends on the hash of the previous block. AMD graphic cards are best suited for altcoin mining calculator best cloud mining sites task although Nvidia cards work. Note that it is not an exhaustive list, but if you have the cards above it should work. Save Saved Removed 1. Table of Contents. And even if someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R.
Leave a reply Cancel reply. Feathercoin is a top up bitcoin with credit card how would gdax maintenance affect ethereum price which was launched as an alternative option for Bitcoin, the most popular currency. The bot is pretty accurate. Save Saved Removed 1. All you would need is to feed these calculators with various different parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage the pool which you are going to join in the miningdifficulty of altcoin mining calculator best cloud mining sites particular cryptocurrency network, amount of blocks rewarded, price of that currency and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup. These coins, while being more volatile and offering lesser rewards than Bitcoin, come with much lower entry barriers for beginner miners. As it starts getting some traction and recognition in the community, people start turning their attention and rigs towards it making it more difficult to mine with every new rig that enters its network. Here are a few suggestions for managing your coin mining vulnerabilities:. Crypto Journal Mining. A mining pool that is run by dishonest administrators from bady regulated countries could skim coins from your earnings or take off with the complete coin haul. Bitcoin mining is profitable only for large-scale operations like the abovementioned mining pools, with the Chinese based Bitmain apparently raking in more than 3bn dollars in profit last year. May 27th Update. Reply Webchainer November 15, at We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views google cloud gpu mining hashes meaning in bitcoin mining the digital currency community experts.
Vertcoin is a relatively new altcoin that uses a Lyra2RE proof-of-work algorithm to verify transactions. Mine and accumulate the new coins as much as you can and hope the price will rocket some time later once it hits bigger exchanges and broader community gets to know it. Contact Details Email — contact cryptoground. Currently, it is easy to use mobile devices for fast transactions and easy payments. Sarah Wurfel. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. Laptops are especially not suitable for mining as they are likely to overheat. Email — contact cryptoground. It is based on a proof-of-work hashing algorithm known as CryptoNight , which is designed with certain specifications that make it difficult for Monero mining using ASICs to work well. Market Cap: To ensure network fairness and safety, a difficulty increase mechanism was implemented into mining. Profitability calculator, in other words, we can say mining calculators can be used to calculate the profit one can make by setting up different kinds of mining rig or mining hardware. Mining should be considered as a side activity which can slowly drip funds into your wallet and give you some extra money. And even if someone tried to make an ASIC for the algorithm the developers could simply change the algorithms being used in X16R. As with any profitable activity, there are some pretty substantial risks to be aware of when mining a cryptocoin:. Plenty of ways to do this, either by locking yourself out by forgetting your login data or by having your hard drive damaged. The current up-front investment and maintenance cost required to solve the mathematical problems makes Bitcoin mining simply not profitable for individual miners using consumer-level hardware. Reply Togo August 6, at However, you can increase your earnings by purchasing a graphics card that will increase your computing power so that you can mine even more Monero. So, the best way to find coins that are easy to mine is to sift through forums and crypto groups and picking out coins that sound promising but still lack stronger name presence in the community.
Unironically Dogecoin is another very popular cryptocurrency that can be mined using a PC. The current up-front investment and maintenance cost required to solve the mathematical problems makes Bitcoin mining simply not profitable for individual miners using consumer-level hardware. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies. All you would need is to feed these calculators with various different parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage the pool which you are going to join in the mining , difficulty of that particular cryptocurrency network, amount of blocks rewarded, price of that currency and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup. Sarah Wurfel. So as with every crypto-related activity, you need to set up some reasonable goals and perform a cost — benefit analysis which will give you a clearer idea of how much or if anything you wish to invest into becoming a miner yourself. Sarah Wurfel March 26, 3. Still, even the most advanced mining hardware could net you about 50 dollars per day. So before making your decision on what to mine, you should visit one of the mentioned websites. AMD graphic cards are best suited for this task although Nvidia cards work also. Ultimately, there are many, many more coins that can be mined. This currency came into existence in amid having a small trading volume.