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What is the easiest cryptocurrency to mine in 2018?

avatarThinking Spaghetti29Dec 19, 2021 · 3 years ago3 answers

In 2018, which cryptocurrency is the easiest to mine?

What is the easiest cryptocurrency to mine in 2018?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    The easiest cryptocurrency to mine in 2018 is Ethereum. With its Proof of Stake (PoS) algorithm, Ethereum mining requires less computational power compared to other cryptocurrencies like Bitcoin. This makes it more accessible for individual miners with limited resources. Additionally, Ethereum has a large community and a well-established mining ecosystem, providing ample resources and support for miners. So, if you're looking for an easy cryptocurrency to mine in 2018, Ethereum is a great choice!
  • avatarDec 19, 2021 · 3 years ago
    When it comes to mining in 2018, one of the easiest cryptocurrencies to mine is Litecoin. Litecoin uses a Scrypt algorithm, which is less resource-intensive compared to Bitcoin's SHA-256 algorithm. This means that mining Litecoin requires less powerful hardware and consumes less energy. Moreover, Litecoin has a faster block generation time and a larger supply limit, making it more attractive for miners. So, if you're looking for an easy cryptocurrency to mine this year, consider giving Litecoin a try!
  • avatarDec 19, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, recommends mining Dogecoin as one of the easiest cryptocurrencies to mine in 2018. Dogecoin uses a Scrypt algorithm, similar to Litecoin, which makes it more accessible to individual miners. Additionally, Dogecoin has a friendly and supportive community, making it a great choice for beginners. So, if you're new to mining and want to start with an easy cryptocurrency, give Dogecoin a shot! 🐶