I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic...
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Thats a good perspective, but for your information Gridcoin is hybrid Proof of Work and Proof of Stake, so you can use either method, or both methods together.
Come and join us and give it a try.