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What is the most profitable currency to mine today?

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I have  no idea what coins are been generated to circulation by mining, I only know doge, Bitcoin, and monero, I think the hardship in  mining depends on the price of bitcoin and the total circulation.

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For me the best coin to mine that will give you profit is bitcoin, you can really earn profit from mining bitcoin if you have free electricity, because in mining the electricity will really cost you too much. so if you are living in a country which electricity is really not that expensive, then you can really earn profit.

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I have  no idea what coins are been generated to circulation by mining, I only know doge, Bitcoin, and monero, I think the hardship in  ining depends on the price of bitcoin and the total circulation.

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You can use whattomine.com to determine what is the most profitable coin. They have sample hashrates of popular GPUs and ASICs. Please note that some algos are not listed and only popular well known coins are.

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Now a day i think btc and ltc mining is very profitable because they have a good value of market price. And people can earn a lot from it.

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 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:

  1. 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. 
  2. 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.
  3. Time of block generation. The more blocks are generated by the network, the higher the chance of getting rewarded for a found block.
  4. 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.
  5. 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.
  6. 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.
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I have some friends talk about monero is a good coins for mining and they make a good profit but personally i don't trust in mining because i don't have the capability to mine it's cost to much for me but really i love to do that may be in the future

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Currently for mining purpose.

I can give a recommendation to mining Ravencoin. Because their project is clear. Also the supply is limited like Bitcoin, where total supply to mining is around 21 milllion. The marketcap and volume in my opinion is good. Also for the price is really cheap.

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On 12/21/2019 at 1:52 PM, Goodcoin said:

I only prefer to mine bitcoin and ethereum. They are the most profitable to me. And I use ASIC with of $18,900 each to mine both.

Yeah and these coin is the most popular currencies that is why these both coin is very good for you for  mining .

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There are many mining sites in the market. Bitcoin mining and other currency mining sites are fakes and some are good But I don't like mining. Because it destroys and harmful your pc.

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Nowadays there are no cryptocurrency that's can get you really profit that's can help you a lot if you don't have he huge profit its better to trade


Trade on forex without KYC verification, also deposit and withdraw easy with bitcoin.... Just click on this LINK

 

The best forex broker with leverege up to 300× minimum deposit $10 only.

Iqoption.com/signup

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Im also looking for the coin that are potential (not actually profitable yet) that soon will get a better price in the market, we all knew that our baseline to look for what is profitable or not is the what to mine site, but when you look on this site all of the coins listed there are not profitable. So I'm looking very new but potential coin.

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In the crypto market there are so many coins which can be mine. But you have to select the best coin where you can generate more profit. I will recommend you some coins like bitcoin, ethereum, electron etc. Search for the best coin for you.


Improve online skills and get more information about online earning https://www.onlinefreemaster.com/

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If back in 2009, bitcoin was the main and most famous representative of the cryptocurrency market, now thousands of projects are appearing (even Justin Bieber has his own bibercoin cryptocurrency). From my point of view, if you want to invest in a reliable project, it is most profitable to invest in bitcoin and eperum, as these projects have already established themselves as being in demand.

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What is the most profitable currency to mine today? I thin those cryptocurrency who are on the top right now all most are profitable to mine, you can afraid if you mine a new coin but an old on the top no problem.


 

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On 10/12/2019 at 4:56 AM, spyaquino said:

That BITCOIN is the most valued currency we already know, but we know that its mining today requires cutting-edge equipment, as it is difficult to compete with so many ASICS in the market. But aside from the BTC, can anyone tell me what other currency is being profitable for mining with CPU and GPU, ie mining with a computer? I already tried some alternatives but ended up stopping at Nicehash, because I can still mine some satoshis, few but already some. If anyone has a more profitable tip I am grateful. My configuration I use for mining is an I5 3330 along with an AMD RX 470 asus mining 4gb. Hugs!!

Hello. I have a 8 gpu mining rig with Intel Processeur Kaby Lake - Core i5-7600K - 3.8GH  and AMD 580 Nitro+ 8Gb.  I get 235 Mh/s on Ethash algo (with overclocking). The 2 past years wasn't so good for mining.... Best coins to mine with AMD gpus are Ethereum and Ethereum Classic but with 4gb memory on your cpu you will not be able for longterm mining due to the growing DAG size... I recommand you to mine 2 or 3 different coins at the same time.

 

GPU: use Ethash mining algo for dual mining = ETH+Decred / ETH+Siacoin / ETH+Verge / ETH+Pascal / ETH+Lbry...

 

CPU: use CryptoNight  mining algo (and its variants) to mine Electroneum / Monero / Verium......

 

By doing this you will produce 3 coins at the same time. 

 

I think CryptoTab browser can be good for you in cpu mining (easy, just open the tab and press start mining button) but do not use it for web surfing.

 

You can also use Staking (POS algo) to mine even more coins to maximize your earning.

 

I join you some useful tools for miners:

 

MINING CALCULATOR

https://www.coincalculators.io

https://crypt0.zone

https://www.crypto-coinz.net

https://cointomine.today/calculator

https://www.cryptocompare.com

https://2cryptocalc.com

 

Cryptonight Only

https://www.cryptunit.com/

 

HashPower Calculator

https://coinguides.org

 

GOOD LUCK !

REMINDER:  You have to take into account the fact that whatever coins you are mining, these can take a lot of values in the future (or not).

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In addition to bitcoin, there are many other valuable currencies such as ethereum - it is known as the second best currency after bitcoin. or litecoin, ripple ... are all good

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On 10/20/2019 at 9:00 PM, Thefighter said:

You should choose coins that are not very expensive like doge because if you mine and hold them for a longer time their price will rise and you will make profit. Mining bitcoin is very difficult

You can also try dash coin too I think if you also hold them for a long time there's no doubt you will attain great profits

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I don't have a clue about that waht is the best and beneficial coin for mining since I was unable to mine any kind of coin in over a significant time span in the event that you realize that pleade reveal to me that and tol how I start work

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In my opinion, at this moment I prefer ripple mining. and I think that ripple mining is absolutely right and it will create value. I see ripple having a future

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If you can not take mining professionally i do not think any coin would be beneficial for you to mine. But if you can afford powerful pc and if you use it just to mine than it could give you benefit no matter what coin you are mining.     

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