What Cryptos Should You Mine? Zcash, Bitcoin Gold, Vertcoin…What?!


Alright! How’s it going? I’m Austin with the crypto playhouse and I’m
sitting here with one of our 3 GPU 1080 Ti miners. It’s currently running with the EVGA SC2 Black
Edition cards. We found that they’ve got a nice high rpm
fan and it keeps our temps down while we’re mining. And I’m sitting down with Whattomine to see
what we’re going to be mining today. So, let�s take a look. Everyone’s got their own resource they like
for mining outputs, we like “What to Mine.” It gives us a nice even spread and were able
to plug our hashrates in individually. So we’re just going to sit here and put in
our three 1080 Ti’s. And let’s see what it has to say for us today. Alright, so; for a while we were on Zcash. Zcash was definitely the top earner for the
Nvidia cards and personally I really liked that, because that’s something i feel comfortable
holding. But lately, the Equihash algorithm with Zcash
hasn’t quite been up to par and we’ve been mining on the Lyra 2 Revision 2 algorithm. And today it looks like Monacoin is going
to be our top earner, and just behind that were sitting with Vertcoin, which is another
new player. Been seeing that a lot more lately. And we’ve got Zencash which is a fork off
from the Zcash currency. And we�ve got Zcash coming in 4th place
there. So, let�s take a look at the pricings here. Alright, so up top we are doing everything
with a ten cent per Kilowatt-Hour pricing for the power just for the sake of it. That’s going to vary where you are of course. Some of you lucky people might even be doing
no cost if you�re in one of those places. �
Right now we’re seeing a spread between $7.40 for the Monacoin at very top, and were also
looking here at 6.69 for Zcash. So we’re seeing just about a dollar difference
in the earning capabilities of these currencies. Today it looks like we�re probably going
to dive in, we�re gonna go for Monacoin. It’s relatively new but it has been getting
a lot of traction lately. It’s been a big player in Japan. They actually just legalized the use of cryptocurrencies
in brick and mortar stores and were actually starting to see ATMs popping up where you
can withdraw paper currency for your cryptos. So we’re going to stick with Mona. It’s been on the rise and I think it’s a really
solid one. So as i said, we’re sticking with Monacoin
today it is going to be getting us about a dollar higher profit than Zcash. Now obviously, there’s a lot to think about
with this. Zcash was really a great choice for us for
a while because it was the�top earner for us on the Nvidia cards. As many people in the mining community know
ethereum was always the top choice was always the top choice for the amd miners and Zcash
really took that place for the Nvidia cards. Now, with this hardware obviously the Monacoin
is what we’re going to drift to today, but something we want to ask you guys is; what
do you do with your mined altcoins? Do you like to hold on to them and really
put your faith in the individualized coin that you’re mining and hope that that price
is going to go up, really hold onto it and hold that community forward? Or are you one of those people that goes for
the instant exchange? You say, “Alright, I’m making Monacoin today. It’s going to earn me an extra dollar per
day, or I can go and do Zcash and lose that little bit of money but I’m more secure with
Zcash.” Do you like to go for that lower priced target
with that coin that you trust or do you make that little bit of extra money and then go
and convert? We’d like to hear from you. What you like to mine? What you convert to? Or, if you’re one of those folks that likes
to hold on. Personally I’m still holding onto all of my
Zcash earnings from the past few months. I think that it’s a really secure one. But as for right now i think the Monacoin
is something that has a lot of promise, so I�m going to be holding onto that and if
we do see things start to drop off a little bit, I’ll do a conversion, but for now, I
have faith in the system and I’m hoping to really see that secure in. And also, speaking of our own 1080 Ti system
here, the real big earners in terms of algorithms lately have been, as I said, the Lyra 2 Revision
2 algorithm and the Equihash algorithm. And for those of you that don’t know, on October
23rd, just two days ago, we had a Bitcoin hard fork that occurred and they split off
to the new currency Bitcoin Gold. Now, this is a really interesting one for
us in the world, the crypto mining world, those that are trading; its a real big change
for us, because Bitcoin has always been an ASIC-centric currency. �
You gotta have an ASIC if you want to mine Bitcoin with any kind of efficiency. But it’s really shaking up the community because
this Bitcoin Gold will actually be mined on the Equihash algorithm, so you can go on one
of these and pick up your GPU Mining Rig and you can actually start mining one of the Bitcoin
forks. �
And that is really one of the first times that we’ve seen a transfer from an ASIC centric
hardware over to a GPU based algorithm and its going to be really exciting to see what
happens with that. �
Just a little bit also on the miner here, as I mentioned we’re on the EVGA SC2 black
editions. We do have some three-card miners and some
six-card miners going here over at the Crypto Playhouse. We’re really, really looking forward to the
new 20 series that are going to be around in early 2018. Things have been shifting throughout the year
and with this, as I said, we’re seeing a lot of transfer over from Equihash to Lyra 2 Revision
2. So, along with hearing what you guys are doing
in terms of which currencies you like to mine, what hardware are you guys on? Do you prefer to go for a little bit lower
end and then come in at a little bit lower profit and stack more hardware, or do you
like to go high end, get those high numbers, and keep the space down? �
If you guys want to hear anything more about the miners themselves, we will have these
going on sale shortly. We will have three card and six card versions. There will be more on that later. Coming on, we’re kind of new to the whole
Youtube game here; but we’re going to be having a lot going on with different things in the
crypto world. We’re going to be talking about doing some
trading on the market. We’re going to be talking about mining itself,
optimizing it, things like that. We’re also going to take a nice look at hardware,
and we’re going to be having some talks about the new up and coming cryptocurrencies; really
take a look at how the community has been changing over the couple years as things have
kicked off, and really started ramping up. So, If you guys have anything else that you’d
like to see from us, anything that you’re curious about; feel free to drop us a line. We’ll do our best to get back to you, and
we really want to hear from you guys. Anywho, if you enjoyed this drop us aline,
subscribe to the channel and we’ll be hearing from you.

24 thoughts on “What Cryptos Should You Mine? Zcash, Bitcoin Gold, Vertcoin…What?!”

  1. Cool video on cryptocurrency mining. Love the look on your GPU miner. Will definitely come to you for my next purchase.

  2. Yes, now the trades Bitcoin Gold are open,and today i test official btgolds.org and claim my 0.096 BTG. But i can't understand why on YoBit exchange was higth price, is a good company or not, who know? All this fork is wery hard for me :((

  3. Excellent looking video, Austin! Quality production. I'd like to see an in depth video on the miners, especially the 6 card miner.

  4. I️ am new to this and just subscribed to your YouTube channel and Instagram. If I️ wanted to get involved what would be the starting processing or what information should I️ be looking up? You can email me a [email protected]

  5. im getting 0.12 vert per block and sometimes we mine 3 or 4 blocks per hour in our pool but worst case 1 per hour. what are you mining now with 3 1080s? and would 6 1060 cards be betterthen 3 1080s . i can save $1000 on the 6 1060 rig. im ready to build a 5th rig but not sure what to go with

  6. sry i sent 2 messages first one should of had card info.. they are nvidia and with 1 click intensity i left alone at 0 and im not sure what you mean with the node question and im on #1 as they stated over 100mh should be on 1st channel

  7. my bad im not very techy lol the box says zoytac i believe geforce gtx nvidia yellow box. and i was told to search my nearest city for the node so i did that i selected toronto,on .. does higher intensity help performance.

  8. I seem to be getting quite a few "error 4 and error 46s'. Using a 4 card Nvidia 1060 6Gb, CUDA miner and mining Zencash. Might you know what is causing it?

  9. I know this is an old post however I think it is worth mentioning. I understand that the lightning network is moving things in favour or corporate takeover of BTC but I can’t help that. I have heard that a significant buying spree will be happening on 3 coins. BTC, LTC and VTC. See here why https://swapready.net/
    The reason for this is because in a nutshell the lightning network nodes need to be pre-paid basically. The atomic swap function will enable swapping amongst Bitcoin, Litecoin and Vertcoin without an exchange and entirely within a wallet. Happy mining and don’t dismiss Vertcoin.

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