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What is the most profitable currency to mine today?

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For me, bitcoin is the most profitable currency to mine today because the price of bitcoin now is high so i recommend to buy bitcoin now before its price goes down.

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Bitcoin is the top most profitable mining currency all over the world. but mining bitcoin using computer means a big waste of time. ASIC tools are profitable but i dont have that much money to invest on it. Even if i manage to get it, i don't know how many years will take to return my investment and how much time will take to make some profits.


 

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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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On 10/17/2019 at 12:48 AM, kjames said:

i will say xmr is most profitable use nice hash pool to get maximum profits you use slush or antpool but niceshash is much secure to me.

I want to agree with your comments because most people use xmr because it is most profitable so I think it is very good and I am use

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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


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I suggest XMR for you to mine where the h / s obtained is quite easy.  Good luck your friends in mining.

Edited by Ardian1206

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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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when i please don't advocate someone to selecting mining it is at this point lessened to vary small gains. nevertheless good value connected with asics they bought lessened should the algorithm obtains excessive problem levels. well, i advocate to obtain in addition to store.

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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.


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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.


bitcoinx.com             Minerhash.com                                                 Get Free US Phone Number

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On 10/12/2019 at 6:53 PM, james said:

i dont suggest you to going with mining its now reduced to vary low profits. but still good value of asics but they got reduced if the algorithm gets high difficulty level. so i suggest to buy and hold. 

I want to agree with your comments and I think most people used good mining site and most people want trusted and safety mining site so most people don't need mining site because it is scam site and it is not profitable site

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when i please don't advocate someone to selecting mining it is at this point lessened to vary small gains. nevertheless good value connected with asics they bought lessened should the algorithm obtains excessive problem levels. well, i advocate to obtain in addition to store.

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