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Top 10 Cryptos You Can Mine

Cryptos You Can Mine

By keith cooperPublished about a year ago 3 min read
2
Top 10 Cryptos You Can Mine

Cryptocurrency mining is the process of creating new digital coins by solving complex mathematical problems. They verify the transactions of the currency and create new coins.

When the mining is successful, the traders get a predetermined amount of the coin. In this manner traders earn from the cryptocurrency mining. In the blog we’ll discuss the top 10 cryptos you can mine easily and have potential crypto mining.

Top 10 Cryptos to Mine

Mining the cryptos is a complex task. Traders have to be wise in choosing the right crypto to mine. If they choose any of the cryptos they may be able to complete the mining or not.

Therefore, they should select the top cryptos to mine to make the process less complicated. Here are the top ten cryptos you can mine:

Vertcoin

Vertcoin is an ASIC resistant crypto coin. The mining hash rate of the coin is 2.50 mh/s and power consumption of 450 watts. The profit of the coin is about $4.90 per day. It has an electricity rate of $0.10 KWH.

Also Read: What is Golem Wallet?

The coin has an algorithm of Verthash, it is used to generate a block every two minutes and 24 seconds. The reward at the block is 12.5 Vertcoins.

Traders can easily mine the coin online at the trading platform suitable for them.

Bitcoin

Bitcoin is the most traded and profitable coin. Traders can mine the coin online with good capital in hand. It is the number one choice for crypto miners globally. The price of the coin is ranging high.

Traders can mine the coin to get good rewards on bitcoin mining. The reward price of bitcoin is 6.25 BTC. It is the price per block and can change after some time. Bitcoin mining done on blockchain is considerably difficult.

The process of bitcoin mining consumes more energy than the new cryptos.

Ethereum

Ethereum coin has its own cryptocurrency blockchain and has wider research in the market after Bitcoin. It comes in second place in the cryptocurrency market and traders can mine the coin ETH at Ethereum blockchain.

Coin mining is easier than Bitcoin and thus is highly popular.

ZCash

ZCash coin was launched in 2016. The coin has developed well and excessively focuses on privacy. The coin is emerging as a great crypto and can be mined. However, mining of the coin is not easy.

The value of the coin is not fragile which makes it a good opportunity. For a long term approach traders can mine the crypto. The mining reward of the coin is 2.5 ZEC/Block.

Grin

Grin (GRIN) is a 2019 crypto coin. The coin does not have any maximum supply. The coin employs Cuckoo style mining with ASIC-resistant. The coin enables easy mining with various devices for regular cryptocurrency.

It does not need huge investment. The hashing function of the coin is used in MimbleWimble and the current mining reward of the GRIN is 60 GRIN per block.

Monero

Monero is another popular cryptocurrency. It is ASIC-resistant and values the importance of equity in crypto mining. The market capitalization of the coin is $3 billion XMR.

Ravencoin

Ravencoin is the profitable coin to mine. The primary focus of the coin is transforming mining decentralisation. The coin is named after George R.R Martin’s fictional world.

The block mining reward of the coin is 5000 RVN.

Litecoin

Litecoin (LTC), is the best Bitcoin hard fork. The coin has wider appeal in the market and the reward of the coin is 12.5 LTC for every coin mined. Traders can choose the coin for easy mining.

Dash

DASH is the crypto coin that came in 2014. The coin market capitalization is $1.07 billion. The total circulation is 9.96 million and the reward on the coin mining is 2.88 per DASH.

Dogecoin

Dogecoin is the meme coin which got famous by chance. The coin is highly popular at social platforms and ranging high. Traders can mine the coin to make good rewards.

The block reward of a coin is 10,000 Dogecoins per block.

Conclusion

The blog gives top cryptos you can mine and earn good rewards on. The top ten include Bitcoin, Ethereum, Litecoin, Dogecoin and others. Traders can find the suitable one and then mine to earn profits.

Mining is a complex task and requires knowledge. A trader with expertise can go for crypto mining and make good rewards on the cryptos.

More Related Articles at: Trending Brokers

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About the Creator

keith cooper

https://trendingbrokers.com/

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