Home » Mining » 13 Best Cryptocurrencies for Mining with GPU
It’s Wednesday, and I’m writing this post about the best cryptocurrency to mine with GPU at my friend’s request.
I know some of you got here by browsing the internet indiscriminately, but I’ll make sure you definitely take some of it back with you.
I have been involved with cryptocurrencies for about three years and have traded on a dozen cryptocurrency exchanges.
I have to say it was a rewarding trip.
Rewarding not only in financial terms, but also otherwise, and I owe this to this area that has taught me so many new things.
If you are interested in the crypto market, and I believe you do, then you may have heard people making money with the help of GPU mining.
But these people, knowingly or unknowingly, not only make money, but also help with the cause of “decentralized money” by running full mining nodes for various digital currencies.
And today I’m here to tell you exactly which cryptocurrencies/coins you too can mine via GPUs (or What to Mine) to both earn rewards and contribute to their decentralization.
So let’s get down to business:
If you’re starting mining for the first time, I advise you to try Honeyminer’s product, which will allow you to get started with cryptocurrency mining in the easiest way without maintaining CPUs or GPUs, but it’s good to commit to mining for at least a year to generate significant returns.
Honeyminer makes cryptocurrency mining accessible to the masses, and you don’t have to buy expensive GPUs or CPUs to start cryptocurrency mining when you buy Hotel Honey™: Access On Demand GPUs to mine cryptocurrencies.
Here’s a list of some of the best cryptocurrencies and coins you can mine with your GPU or CPU in 2020 and beyond.
Also read: Is Bitcoin Mining Still Worth It
Let’s answer the question of which coins can be mined by making a list of the top mining altcoins:Which cryptocurrency to mine 2021RavenCoin (RVN)
RavenCoin is one of the most profitable coins for mining, which mainly focuses on making mining decentralized. It was named after the little blackbirds in George R. R. Martin’s fictional world of Westeros.
This cryptocurrency was launched on January 3, 2018 (on the ninth anniversary of Bitcoin). The coin is designed to enable instant payments seamlessly. In 2019, the developers have equipped this coin with great features, such as.B. activated messaging, mobile wallet with seed phrase, better compatibility, coordination with RVN, etc.
The main goal of RavenCoin is to create a blockchain optimized for transferring assets from one person to another. The main reason why it is recommended for miners is that it uses the X16R algorithm and kawPoW protocol.
It is based on Ethereum and Bitcoin in terms of transferring assets. RavenCoin’s total coin supply is 21 billion.
ROI since launch: 39%
Hashing Function: X16R
Block Mining Reward: 5,000 RVNEthereum (ETH)
If you make a list of the best GPU minable cryptocurrencies and don’t include Ethereum, that would be criminal.
Ethereum, also known as Ether, is the open source and decentralized cryptocurrency of the Ethereum network that serves as fuel for the DApps hosted there.
Ether is a minable cryptocurrency and is based on the Ethash Proof of Work algorithm, and since this is the case, it is possible to promote Ether with a GPU system of 4 to 6 GPUs.
Finally, if you assemble and optimize an excellent GPU equipment, you can expect a handsome profit, as the compensation is about 3 ETH per block.
Recommended GPUs for ETH Mining:
Ethereum will soon switch to Ethereum 2.0 and Staking – learn more about it.
Is Ethereum mining still worthwhile?
Ethereum mining has not been profitable since the London Fork, which initiated the transition from Ethereum to staking. Ethereum Classic (ETC)
Ethereum Classic, the so-called fork of Ethereum, is also a GPU minable coin.
But in reality, Ethereum is the fork of Ethereum Classic (Original Ethereum), but I will save the backstory for another time.
Ethereum Classic, just like Ethereum, is based on the Ethash PoW algorithm, but the good news is that it has a slightly higher block reward than Ethereum (4 ETC per block).
I know some of you might say that ETC has higher inflation, but it also has a higher scarcity because its supply is fixed unlike Ethereum.
In any case, Ethereum Classic is one of the most profitable cryptocurrencies to promote in 2019 with a few GPU rigs.
Recommended GPUs for ETC Mining:
Anyone who has been here for some time knows Bitcoin Gold.
Bitcoin Gold is another spin-off of Bitcoin that was launched in 2017. And it was created to make Bitcoin mining more democratic by creating a version of Bitcoin that is minable with GPUs.
Since BTG is a fork of Bitcoin, only the block time and the block reward are the same, i.e. 10 minutes and 12.5 BTG respectively.
But its Proof of Work algorithm (Zhash) is ASIC resistant and therefore favors GPU miners.
Recommended GPUs for BTG mining:
Also Read: The 7 Best Bitcoin Mining SoftwareMonero (XMR)
Monero is one of my favorite cryptocurrencies because it was the forerunner of the era of private money in the cryptosphere.
Monero is also private open source money for people who want extreme transactional privacy at all times. That gives Monero a serious benefit and a likely long lifespan. In addition, many new wallets for the secure storage of Monero have recently been launched on the market.
For this reason, XMR is another cryptocurrency that value miners can mine with the help of GPUs.
Monero is based on the Proof of Work algorithm CryptoNightV8 and generates 3.38 XMRs every 2 minutes as a block reward.
Recommended GPUs for XMR mining:
Does it take you too much time to dismantle Monero? Remember that you can always convert your Bitcoins to Monero in no time. Ubiq (UBQ)
Ubiq is another decentralized platform for hosting smart contracts and DApps.
It is, of course, the fork of Ethereum itself, but it marks as a stable and error-free version of Ethereum. That’s because it’s complicated for developers to build on a dynamic platform like Ethereum that’s constantly evolving.
But they have changed their Proo of Work algorithm from Ethash to Ubqhash, which can also be found with the help of GPUs.
Ubiq has also changed its block time and block reward to 1.25 minutes and 7 UBQ, respectively, but its profitability is lower than that of ETH & ETC.
Recommended GPUs for UBQ Mining:
The Aion Network is a tiered blockchain system focused on the scalability, data protection, and interoperability faced by today’s decentralized applications.
AION’s Proof of Work algorithm (Equihash) is well suited for GPUs, which is why mining AION with a few GPUs is quite easy.
On the other hand, it has the lowest block time (10 seconds) among all the GPU coins listed here that can be mined, so you can expect to get 1.5 AION as a block reward with a much higher frequency if you have optimized your GPU well.
AION is undoubtedly suitable for miners who want to mine a cryptocurrency that will continue to have value in the future, and for this reason AION is recommended.
Recommended GPUs for AION Mining:
Also read: Build your own mining rig – a CPU/GPU MinerEnergi (NRG)
Energi is undoubtedly one of the most profitable cryptocurrencies that can currently be mined with GPUs, but I wouldn’t mine it for now.
I wouldn’t mine NRG because I don’t believe it’s the world’s leading cryptocurrency with the unification of smart contracts, governance, and self-financing financial management to ensure longevity and enable the rapid growth it claims to be.