Which cryptocurrency to mine 2017

in #mining7 years ago

Which cryptocurrency your hardware should be mining?

In this post, I will demonstrate how to find the most profitable coin to mine using your specific hardware.

NiceHash Calculator

First, you need to access the Nicehash Calculator website and select the piece of hardware that you have available.

In our example, I will select the Graphics card AMD RX 580.

Nicehash calculator 1.jpg

Notice that this website also shows the average cost and power consumption of this GPU.

After clicking on the Calculate button, the system will show the hash power that you can squeeze from this GPU on 29 types of cryptocurrency.

Nicehash calculator 2.jpg

If you just want a quick and correct answer, just go to the end of the page and check the profitability graphic.

Nicehash calculator 3.jpg

As you can see, the most profitable algorithm to be used with this graphic card is Daggerhashimoto which is the algorithm from Ethereum. So, if I mine ethereum with this GPU I will be squeezing the most profit from it.

Easy right? :-D

Happy mining!!!