Top 3 Cryptocurrencies to Mine on a Computer
Mining bitcoin on your computer is no longer an option. In the face of large-scale, high-powered mining operations that use hardware specialized for mining, utilizing your PC has become obsolete as the difficulty of bitcoin mining has increased.
However, you won’t be left out in the cold because there is still a slew of other digital currencies to mine with some basic software.
The greatest cryptocurrencies to mine with a PC right now are listed below.
Ethereum Classic (ETC)
As a result of an Ethereum hard fork in 2016, Ethereum Classic was born. Because many community members were opposed to the fork, individuals continued to mine the previous chain, which was dubbed Ethereum Classic.
It has many of the same features as the Ethereum blockchain, such as smart contracts and a proof-of-work (PoW) consensus method, making it a popular choice among miners.
You’ll need to download the desktop client and sync the blockchain to mine Ethereum Classic. There will be some GPU configuration to do as well, but not much. You can improve your mining rewards by joining a mining pool.
Zcash (ZEC)
Zcash is a digital currency that focuses on anonymity. It was created in 2016 as a code fork of the Bitcoin system. The altcoin shares many characteristics with Bitcoin, including a 21-million-coin supply and a proof-of-work consensus process.
Zcash, unlike Bitcoin, uses the Equihash algorithm, which makes digital money immune to ASICs. As a result, Zcash has become a popular digital currency among at-home crypto miners that use GPUs.
You’ll need to download a Zcash node and sync the blockchain to begin mining Zcash. Then, depending on your hardware setup, you’ll need to download mining software.
smirk (GRIN)
The Grin was released in early 2019 amid much fanfare from the cryptocurrency world. Grin’s main goals are privacy and scalability, which it hopes to achieve by using the privacy-enhanced MimbleWimble consensus process.
While Grin supports CPU mining, GPU mining will give you more bang for your buck. For mining GRIN, the most recent Nvidia graphics cards are regarded as the most effective.
You must first download a Grin node and sync the blockchain to begin mining GRIN. The next step is to set up your wallet to receive mining rewards. Then, configure your graphics cards and switch to Cuckaroo POW, which supports GPU mining.
Last but not least…
While mining altcoins at home is still possible with the correct hardware and software, there are several rules you should follow to maximize your mining profits.
Laptops are not recommended for mining because they are prone to overheating. If you wish to operate multiple graphics cards during the mining process, buying extra fans is also a good idea.
Also, make sure you’re up to date on any available software updates. Updates will be provided by mining software developers, digital currency wallets, and even mining pools regularly. This will help you avoid any weaknesses while also potentially increasing your mining efficiency.