What is cryptocurrency mining? Most of the people do not know what is meant by cryptocurrency mining. Actually, it is a process of releasing the new digital currency. Moreover, when it comes to circulation then it is called cryptocurrency mining. This process can happen when any so-called miner uses his power to record and verify the transaction. When the blockchain involves in solving the complex mathematical circulation then it is a process of verifying the transaction. Miners can take predetermined coins as a reward to verify the transactions process.
Vertcoin
Image source: CoinCentral
Vertcoin is a brand new digital coin and market. It has been taking a boost from the last year. Its process is just similar to the Bitcoin. Its transactions can be verified by the work of algorithm. Its design is very unique and safe because it is designed by the way of ASIC resistant. In the easy words, we can understand that it is resilient to the enlargement of specific hardware to use for mining purposes by large cryptocurrency mining operations.
Administration of the Vertcoin has introduced the easy way which is one click miner. There is a specific term which is used for the miners. It means that miner is called the graphical user interface (GUI) miner. It has a duty to facilitate mining for both CPU and GPU users. First of all, you have to download miner. In this way, you should mining pool which depends on the computing power.
Monero
Image source: Bitcoinist.com
There is a most advanced cryptocurrency which is called Monero. It is famous for anonymous digital currency. The basis of the Monero is on the proof of work which is called crap tonight. There are certain specifications, like its design which make it complex during the Monero mining. In this way, the ASICs is able to work well. It is an imperative concept to understand that Monero is easier relatively to mine from your computer system.
Dogecoin
Image source: Silicon UK
There is another brand new cryptocurrency which is called Dogecoin. Its popularity is to take meme-based altcoins. You can mine it while using your computer system. If you want to use Dogecoin then you have to download desktop wallet. You can download it from the Dogecoin website. Your desktop wallet is actually a protection of your digital coins.
Right now i am mining dogecoin
Kool ... too many people are optimistic about doge ... no real move has been seen from the coin so far
This are not new cryptocurrencies, they have been here for some time now. And if you look at mining to make a profit the best thing to do is to use mining calculators but they are not always 100% correct...
Yes, these are not new ... but are the best to mine on PC. You are right about the calculators and also it is not the right time to take calculations as you are going to be disappointed. Let's keep the head down ;)