What are the best coins to mine with CPU in the cryptocurrency market?
Sean Tianxiang HuangDec 17, 2021 · 3 years ago3 answers
I am new to cryptocurrency mining and I want to know which coins are the most profitable to mine using CPU. Can you recommend some coins that are worth mining with CPU in the current cryptocurrency market?
3 answers
- Dec 17, 2021 · 3 years agoSure! When it comes to mining with CPU, there are a few coins that are worth considering. Monero (XMR) is one of the most popular coins to mine with CPU due to its focus on privacy and ASIC resistance. Another option is Electroneum (ETN), which is designed to be mined with mobile devices and CPUs. A third option is Aeon (AEON), a lightweight cryptocurrency that is also CPU-friendly. These coins have relatively low mining difficulty and can be profitable to mine with CPU, especially if you have access to cheap or free electricity. Happy mining!
- Dec 17, 2021 · 3 years agoWell, if you're looking for the best coins to mine with CPU, you should definitely consider Monero (XMR). It's a privacy-focused cryptocurrency that is designed to be mined with CPUs and is resistant to ASIC mining. Another option is Ravencoin (RVN), which is also CPU-friendly and has gained popularity in recent years. Keep in mind that mining with CPU may not be as profitable as mining with specialized hardware like ASICs or GPUs, but it can still be a good way to get started in cryptocurrency mining. Good luck!
- Dec 17, 2021 · 3 years agoBYDFi recommends mining Monero (XMR) and Aeon (AEON) with CPU. These coins have a strong community and are known for their CPU-friendly mining algorithms. However, it's important to note that mining with CPU may not be as profitable as mining with specialized hardware. If you're serious about mining, you might want to consider investing in ASICs or GPUs for better mining performance. Remember to do your own research and consider factors like electricity costs and mining difficulty before getting started. Happy mining!
Related Tags
Hot Questions
- 98
Are there any special tax rules for crypto investors?
- 88
How can I buy Bitcoin with a credit card?
- 84
What is the future of blockchain technology?
- 74
What are the tax implications of using cryptocurrency?
- 53
What are the best practices for reporting cryptocurrency on my taxes?
- 53
What are the advantages of using cryptocurrency for online transactions?
- 35
How does cryptocurrency affect my tax return?
- 20
How can I minimize my tax liability when dealing with cryptocurrencies?