Manpreet1991

It depends on what and how you mine plus your electricity bills may vary depending on where your rigs or farms are located. Bitcoin (BTC) is not the most profitable mining coin anymore: mining difficulty is so high it requires the whole farms jam-packed with juggernauts servers to get a block. Luckily, there’s a bunch of great altcoins making profitable mining possible. Although mining is not as dirt-cheap and profitable option as it used to be a few years ago, it’s still a legitimate way of earning crypto and enjoying almost passive income. Miners are now smarter & way more experienced in crypto trading. They prefer mining the most promising cryptocurrencies only as there’re done wasting precious hashpower, time and investments on new coins with a low trading volume. Nevertheless, there are always a sufficient number of enthusiasts to support a new crypto project by mining or minting blocks and confirming transactions hoping for a future take-off to the Moon. Want to join the crypto mining industry and got a GPU or CPU-based miners ready? Find out what are the most profitable GPU and CPU mining coins in 2019-2020. Before we start enlisting most profitable coins, let’s find out what defines crypto mining profitability: Price of Cryptocurrency.The law is simple: the more expensive a coin is, the more profitable mining should be. However, it’s true only for short-term investments. If you’re patient enough, you can mine a promising coin and wait till the price grows. Block reward & Halvings. What makes cryptocurrency mining 2019 less profitable than before is halving of rewards. For example, the next BTC halving will take place in 2020 making it even less attractive. Or recent Litcoin (LTC) halving which cut the profits from 25 to 12.5 LTC. Make your own research to calculate whether your investment in mining equipment will be compensated by the amount of coins mined. Time of block generation. The more blocks are generated by the network, the higher the chance of getting rewarded for a found block. Mining difficulty and hash rate. Both GPU and CPU mining 2019 is quite challenging due to a high number of miners involved. However, it’s still possible to find a niche coin where you can make a decent profit without suffering from competition. Equipment efficiency. It depends on your budget and current difficulty of a coin, so choose accordingly. Theoretically, the power of mining equipment should be continuously increased, but in reality, it’s too expensive to invest in GPUs all the time. The cost of electricity cost. This is the most important when calculating the profitability of cryptocurrency mining. Below you can find a list of countries with the cheapest electricity bills.

With solo mining you are competing against everyone else on the planet in the race to solve the block. This means that your individual odds of winning are very low. When you are part of a pool, on average your pool of people solves X percent of the blocks. That means everyone in your pool split the reward

Bitcoin and gold both are good to invest. You can get profit from both both are good to long term investments. If i will invest then i invest 50% in gold and 50% in bitcoin. But invest in both when price is down and you can get profit in few days. But i think bitcoin is more profitable then gold. You everyone is choosing btc. But i will go with both. I hope you will satisfy with my answer. Have a good day and life and investment profit.