We all know the fact that for mining you need special technology, witch cost a lot of money. When it comes to the question of profitability here you have some suggestion for cryptocurrency mining.
- Zclassic (ZCL)
- Zcash (ZEC)
Above mentioned cryptocurrencies currently have the highest percent of profitability. If you want to calculate the profitability of cryptocurrency mining you can use these two web sites Whattomine and Coinwarz.
Ethereum and Decred are at the moment also profitable cryptocurrency for mining, but also mining Ethereum could not be really profitability for the reason that Ethereum is likely to increase value during the next couple of months.
There is certainly a huge number of ways how can you profit from the cryptocurrency, but when it comes to mining, you have only few options. First option is to sell immediately coins that you mine and earn some cash from the selling. Second option is to keep the coins that you mined and wait for the price go up in the future. All of the cryptocurrencies now have incredibly rise of the value, so the second option is surely gets you more profit than the option number one, but it is more risky of course. Before you make a decision what coin would you mine, it is very important to do the research first. Do not trust anyone, safety option is to research by yourself, find the reliable sources to get information about cryptocurrency that you want to mine.
If you want to know which coins are profitable, again you can use the website like CoinChoose which is giving you informations about every breakdown of the each altcoin. The website is also giving you information about difficulty of mining, where can you exchange your coins and what are the chances to profit in Bitcoin by mining other coins.
Basically the most important thing is not to rush, mining is risky and if some coin mining is profitable at the moment it doesn\'t mean that it will be profitable in the future, so do the research first.