4 Best Cryptocurrencies to Mine with GPU
GPUs are also more affordable than CPUs, and they don’t require specialized hardware like ASICs. This makes GPU mining a more accessible option for people looking to get into cryptocurrency mining or even mine in the comfort of their homes.
This article will explore the four best cryptocurrencies to mine with GPU.
Ethereum is a decentralized platform that runs smart contracts. These are applications that run exactly as programmed without any possibility of fraud or third-party interference. Ethereum is also mined using GPU power. It is also possible to create your own cryptocurrency on the Ethereum platform.
Smart contracts are executed on the Ethereum network. They can be used to create various applications such as decentralized applications (apps), token sales, voting, financial contracts, supply chain management, etc.
Ethereum is no doubt one of the best cryptocurrencies for GPU mining, as miners can easily mine and run applications with it.
Ravencoin is one of the coins said to be very profitable to mine. And the fact that you can mine it using GPU makes it even better. This coin aims to decentralize with a proper setup that makes it easier to mine at home. RVN uses the KAPOW algorithm, which is quite profitable and ASIC resistant.
Ravecoin is a derivative of the Bitcoin protocol, but it differs from Bitcoin in a few ways. For example, Ravencoin has a faster block time of 1 minute, and it also has a higher maximum supply of 21 million coins.
Ethereum Classic is one of the oldest and most popular cryptocurrencies in the market. It is a fork of Ethereum, and like Ethereum, it is also a decentralized platform that runs smart contracts.
However, Ethereum Classic has some key differences from Ethereum. For instance, Ethereum Classic does not have a proof-of-stake algorithm, while Ethereum does.
Ethereum Classic also has a fixed supply of coins, while Ethereum’s coin supply is inflationary. Ethereum Classic still enjoys a large community and user base despite these differences.
The coin uses the EtcHash mining algorithm, a modified version of Ethash that Ethereum uses. EtcHash is designed to be ASIC resistant, meaning that it can be mined with consumer-grade hardware.
Ergo is another coin to mine with GPU. The coin was launched in 2019 with the main focus is offering a service for secure and anonymous data storage. It aimed at making it easy for ordinary miners to use smart contracts in blockchain.
Ergo uses a mining algorithm called Autolykos v2, which is a Proof-of-Work algorithm designed to be ASIC resistant. This allows it to use GPU in mining the coin easily.
The coin focuses on providing secure and efficient implementation of financial contracts. Mining Ergo can be profitable if you have a good GPU.
Cryptohosting.ca can setup your miner to mine whichever cryptocurrency you choose. Let our team know what you prefer when setting up your miner.