Best Coin To Mine
To earn the cryptocurrency mining can be the best process. But the problem is which one is the Best Coin To Mine. This is because of the multiple coins available in the market and all are credible value.
Today we are going to discuss the coins that are suitable for the mining.
Best Coin To Mine
Ethereum is one of the important coins in the market with the market value just after the Bitcoin. An algorithm which is used to mine is Ethash using the AMD graphics. It is one of the most profitable coins to mine at present in the digital currency world.
The best cards that are used to mine are AMD and Nvidia. Hashing power is very important in mining. GTX 1050ti card will give you 13.5 mhs hashing power but for more, you can use other tools like EtherMinw, EthereumPool or NanoPool.
Here are some of the points which will tell you the profit you can expect from the Ethereum mining.
- Gtx1050ti with a hash rate of 15 Mh/s – 0.0011 ETH
- Rx480 with a hash rate of 29 Mh/s – 0021 ETH
- Rx580 with a hash rate of 29 Mh/s – 0021 ETH
- Gtx1070 with a hash rate of 30 Mh/s –0022 ETH
Bitcoin Gold (BTG)
BitcoinGold (BTG) is a cryptocurrency that is derived due to the hard fork of bitcoin. The hard fork has the main aim of restoring the use of GPUs in mining. The coin algorithm to mine is Equihash. It is available on multiple exchanges for use.
It is among the cryptocurrencies which are considered best to mine. There are various pools which are available to increase the profitability of the mining.
- Mining PoolHub
The profit you can expect from the BTG mining without including the electricity charges are:
- Rx48 with a hash rate of 290 Sol/s – 0220 BTG
- Rx580 with a hash rate of 290 Sol/s – 0220 BTG
- Gtx 1060 with a hash rate of 300 Sol/s – 0228 BTG
- The Gtx 1070 with a hash rate of 444 Sol/s – 0337 BTG
- Gtx 1080 ti with a hash rate of 750 Sol/s – 0570 BTG
Bitcoin is the oldest and the top leader in the cryptocurrency world. Considering the value of the bitcoin and the future of this currency it is the best option to start mining. For the first bitcoin mining, the first person got the 50 bitcoin as the reward and this price is decreasing continuously. But the profit is not as the price of the bitcoin is increasing as well. There is various hardware which can help you to mine bitcoin. Some examples are given with the monthly bitcoin you can earn from them below:
- AntMiner s7 advertised capacity – 0.1645 BTC
- AntMiner s9 advertised capacity – 0.3603 BTC
- Avalon6 advertised capacity – 0.1232 BTC
There are some difficulties you might face while bitcoin mining is:
- Computationally-difficult problem
- Network difficult metric
There are various other coins which can be mined are:
- Zencash (ZEN)
- Zcash (ZEC)
- Ethereum Classic (ETC)
So, These are Best Coin To Mine in the market which is mine by the people. But you should calculate the expenses before starting the mining business. As there is a chance that you might suffer a loss in the mining business if not done properly.