Best Coin To Mine 2019
You have in all probability detected of Bitcoin mining or crypto mining. But, have you thought to ask yourself that is the best coin to mine (e.g. Bitcoin, or another altcoin)? presently, cryptocurrency mining is all regarding long-term investment. resolve what cryptocurrency you must invest in to generate a giant come back on your investment.
Profit is a crucial factor to consider when deciding the best cryptocurrency to mine. Although some users may have a go at mining cryptocurrency early on at a loss just so they can learn more about it, in the long term it is not very sustainable. There are various profit calculators online you can use to check what is profitable to mine before you start, allowing you to make a more informed decision.
Also, make sure you do your research when deciding which coin is best for you to mine. As a few Google searches such as ‘best cryptocurrency to mine 2019’, ‘Best Coin To Mine 2019’, ‘mining cryptocurrency 2019’, or ‘how to mine most profitable coin’ may bring up lots of articles suggesting coins and telling you how profitable they are. However, people may have written these with a vested interest in that coin doing well and could have been published by the teams behind the coins themselves. So take everything you read about what is the best digital currency to mine with a pinch of salt.
best coin to mine 2019 Looking for the best cryptocurrencies to invest in 2020?
If you are mining with a GPU, you are likely to be most successful with ASIC resistant large cap coins such as Monero and Vertcoin, and AION (AION is not strictly ASIC resistant, but its Equihash algorithm works well with GPUs).
Bitcoin
Bitcoin is the first cryptocurrency, and it uses a proof of workalgorithm. Currently, the block reward is 25 Bitcoins, so 25 Bitcoins are released every 10 minutes. However, this will drop to 12.5 every 10 minutes in 2020, as the block reward halves every 210,000 blocks.
It is not possible to make any cryptocurrency list without including Bitcoin. Unfortunately, however, Bitcoin is unlikely to be the easiest coin to mine for most people. This is because Bitcoin mining is now extremely competitive due to all the ASICs trying to mine it, and therefore the difficulty is extremely high. Unless you are using ASICs, your attempts to mine Bitcoin are unlikely to be successful. Bitcoin uses the SHA-256 algorithm.
Litecoin (LTC)
.jpg)
Litecoin is one more old-timer on the block that has been around since 2011. It poses an honest choice for those who need to opt for an already established currency instead of shopping for coins with very little to no background. Our recent value prediction shows that Litecoin is presently following an optimistic path after witnessing solid value gains.
Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.
Spam is discouraged by the community, and may result in action from the cheetah bot.
More information and tips on sharing content.
If you believe this comment is in error, please contact us in #disputes on Discord
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.forexpeacearmy.com/r/crypto-articles/1145/what-is-the-best-cryptocurrency-to-mine