Posts Tagged ‘Cryptsy

coinex-mining-multipool-exchange

In the last 24 or even more hours Multipool has been having some serious problems, and that is causing problems for people mining for DOGE coins and other alternative scrypt cryptocurrencies as they do not know where else to mine them in a pool that automatically switches to the best and most profitable coin. But even if you are mining for DOGE coins directly, you might want to find a good alternative for mining instead of multipool. One such interesting place is CoinEX – a mining pool much like multipool that also has its own crypto exchange, so you can save the trouble of transferring the coins to a separate exchange like Cryptsy for example. Instead you can mine, trade the coins and withdraw them directly to your wallet all in one place.

So far Coinex is working quite well and though it is not as big as Multipool or Cryptsy it seems to be much more stable. So if you are looking for alternative mining pool to Multipool, then do check Coinex now and start mining DOGE or other alternative cryptos there… at least until multipool resolves their issues. Coinex, much like multipool, does have both SHA-256 and scrypt-based crypto mining options and you can either mine directly a coin you want or use the automatic switching option. Furthermore the Coinex mining pools offer more options for alt coins that what multipool currently have, so more chances for higher profitability not only from DOGE, LOTO or MOON, but other alternative coins as well. The pool fee is Pool fee 2% which is a little higher than Multipool’s 1.5%, but between 0.5% higher fee of something than 1.5% of nothing the choice should be easy.

Another interesting alternative is LTC Rabbit, an LTC and alternative scrypt crypto mining pool where the coins currently mined are also automatically selected by the pool based on profitability. The difference however is that you are being payed directly in Litecoins, it is as if you are mining for LTC and you earn LTC from that plus you also get additional alternative crypto coin bonus based on the current profitability of the alt coins mined such as DOGE for example an that bonus you get also in LTC directly in your account. This saves you all the trouble and waiting of having to transfer the mined alternative crypto coins to an exchange and then trade them for LTC and the profitability you get is not that much lower than if you are mining alternatives and then trading them on an exchange.

crypto-exchange-rate-chart-ltc-usd

Here is a short list of the bigger and more popular crypto currency exchanges out there that trade with not only Bitcoin, but Litecoin as well as many other alternative cryptos. Some of these exchanges are trading only between different crypto coins for example BTC for LTC, or DOGE for BTC and you cannot buy with money in them – Cryptsy, but others also trade with real money and you can both deposit and withdraw in cash as well as in cryptocurrency – Mtgox. There are even exchanges that only serve to connect the traders – Local Bitcoins.

Worldwide:
Coinbase
Cryptsy
Bittrex
Vicurex
Kraken

Europe:
BitcoinDE
BitStamp
Bitcurex
The Rock Trading

Russia/China/Asia:
Bter
OkCoin
BTC-E
BTC China
Anxbtc

Norway:
Just Coin

Canada:
Cavitrex

USA:
Campbx

Israel:
Bit2c

Others:
Local Bitcoins
Coinomat
Virwox

Now, although most of these crypto exchanges are listed under different countries and just a few as worldwide, in almost all you can trade regardless of your location though for some there could be a language barrier if they were designed to serve only a local market and do not have an English version for example. The only more serious problem with some is the ability for you to withdraw cash from the exchange if it also operates with real money and not only trades with crypto coins. So do take some time and check them out and find which ones can be useful for your specific needs… there are of course more exchanges out there, so this is not a complete list, but more of a good starting point.


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