ZiftrCOIN mining worth it?

manzir · April 12, 2015

So I have i7 4770k on H100i and Saphire Tri-x 290x in crossfire.

After seeing a lot of people interested in mining ZiftrCOIN, I have a question. What do you guys realistically think I would be able cash out if start to mine with my configuration. I work full time and don't ave much time to game on my computer now a days. I was thinking to put my gears to some work and some spare money always helps.

So if I start ZiftrCOIN mining solo or in a pool some what 24/7; what could me my earning at the end of the month;$50/$100/$200? I know there are no set values for this coins yet but what does your experience say? Don't worry about the electricity cost. I pay a fixed amount for whatever I use.

2FA · April 12, 2015

You aren't going to make that much a month right now as the price per coin is about $0.058. Remember that this coin just released about a month ago, and GPU mining in the past couple of weeks. The prospects of it however are very promising. As time goes on, the number of coins awarded per block will go up unlike other currencies where it will decrease. They will also be giving away 100 coins to each person that signs up, at least to the first million people. All the people here mining are looking at the long term benefits and not at the present.

manzir · April 12, 2015

You aren't going to make that much a month right now as the price per coin is about $0.058. Remember that this coin just released about a month ago, and GPU mining in the past couple of weeks. The prospects of it however are very promising. As time goes on, the number of coins awarded per block will go up unlike other currencies where it will decrease. They will also be giving away 100 coins to each person that signs up, at least to the first million people. All the people here mining are looking at the long term benefits and not at the present.

So would you suggest mining when he number of coins awarded per block goes up? Also the GPU mining isn't still integrated unless one is using cgminer in a pool. I have signed up a week ago and hopefully will get those free coins.

So the bottom-line would be to mine when it is more profitable/efficient rather then wasting time and energy now?

2FA · April 12, 2015

The increase in block reward I was talking about, that's over the course of 30 years mind you.

http://ziftrpool.io/downloads

That is the official GPU mining beta that is direct from the developers. Honestly, you are better off doing pool mining as the likely hood of finding a block solo is really low, and the coin reward is about 4 coins per block right now.

Those free coins don't come until late 2015, like I said long term rewards.

Honestly, it's up to you whether or not you want to mine now when there are less miners or later when it's possibly more profitable but with a lot more miners total.