Which cryptocurrencies are most suitable for CPU mining and why?

3 answers

• Dec 06, 2021 · 3 years ago
  Sure! One cryptocurrency that is often recommended for CPU mining is Monero (XMR). Monero is designed to be ASIC-resistant, which means it is resistant to being mined using specialized hardware. This makes it more accessible for individuals who want to mine using their CPUs. Additionally, Monero uses the CryptoNight algorithm, which is optimized for CPU mining. This algorithm allows for efficient mining on CPUs and provides a level playing field for miners. CPU mining can be advantageous for smaller miners who don't have access to expensive mining rigs or large amounts of electricity.
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• Dec 06, 2021 · 3 years ago
  There are several other cryptocurrencies that are also suitable for CPU mining. One example is Aeon (AEON), which is a lightweight version of Monero. Aeon uses the same CryptoNight algorithm as Monero, making it CPU-friendly. Another example is Electroneum (ETN), which is designed to be mobile-friendly and can be mined using smartphones or low-end computers. CPU mining can be a good option for those who want to get involved in mining without investing in expensive equipment.
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• Dec 06, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, recommends mining cryptocurrencies like Monero and Aeon using CPU. CPU mining offers several advantages, such as lower energy consumption and reduced noise compared to GPU or ASIC mining. It also allows individuals to participate in mining without the need for specialized hardware. However, it's important to note that CPU mining may not be as profitable as other mining methods due to the lower hash rate. It's always a good idea to do your research and consider factors like electricity costs and mining difficulty before getting started with CPU mining.
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