A lot of people mostly think that it takes a difficult process to mine cryptocurrency. today we are going to show you some of the easiest crypto to mine. Mining Bitcoin for example is difficult and I don’t see individuals successfully mining Bitcoin. There are some cryptocurrencies that you can mine by simply having the right PC setup in your bedroom. If you are willing to take time and effort you can successfully own some digital coins through mining.
We are going to highlight the best crypto to mine here in case you don’t want to invest your money into buying crypto as a form of investment then Mining could be a good option. The crypto assets that will be listed below don’t require you to build up super-powerful mining rigs. There are some popular crypto assets that you will find on this list that you are going to be happy about.
We will guide you on how you can go about mining all the cryptocurrencies on this list. You can use either a laptop or a PC if you want to join up and mine any of the coins from the comfort of your bedroom. Well, let’s jump in and get started.
The Top 10 Easiest Cryptocurrency to Mine
Ethereum is the second most popular and largest cryptocurrency by market capitalization and it can still be mined at home. If you have the right GPU with a powerful graphics card then you can sit comfortably in your room and mine ETH.
First after buying powerful graphics cards and building a PC that is capable of the task at hand. Secondly, you need to join an ETH mining pool. After that, you download the blockchain from the official ETH website to set up your wallet. Then you set up your wallet to mine by changing some settings on your node. If you complete mining ETH you can transfer it from the blockchain wallet to other crypto exchange platforms.
Elon Musk’s favorite crypto-asset Doge is one of the easiest crypto to mine. The meme coin has grown popular and it has a strong user base. Over the years it has grown to be one of the most popular crypto assets by market capitalization. The coin was designed to add new coins each year as opposed to bitcoin’s finite number. This is a bonus for anyone interested in mining the crypto asset.
To mine Doge, you need to have a wallet where you can store your asset. Some suitable wallets can be used. You can use your CPU to mine Doge if you download the software CPU miner, the software can be used to mine but it’s slow. If you want to increase the pace of your mining you can buy more powerful GPUs from NVIDIA or AMD. After that, you download software like CGminer or CUDminer.
It is possible to mine as an individual but you should join a mining pool and be able to get better processing power and speed. you are guaranteed higher returns by joining a pool. you can get the full details of how to mine Doge HERE.
Litecoin is one of the best crypto to mine and it is one of the earliest altcoins and mining it is profitable. The coin is not as volatile as Bitcoin and other cryptocurrencies because it is a successful hard fork of Bitcoin. Mining Litecoin is four times faster than mining Bitcoin and it can be highly rewarding. You need a wallet where you can store your Litecoin after successfully mining the
To mine Litecoin, you are required to use a GPU. The coin is also listed on a lot of exchanges with high speed and low transaction fees. It uses SCRYPT protocol and you don’t need ASIC mining for Litecoin. Litecoin is among the top 10 cryptocurrencies. while you can mine alone you should join a pool because that way you can mine and get rewards faster.
Monero is an anonymous altcoin that was launched in 2014. The token is credible and reliable and their major aim is driving anonymity while using the coin for transactions. They recently added what is called RandomX protocol. It is one of the easiest crypto to mine because mining activities can be carried out with a CPU.
To start mining you need a wallet to store your Monero but I recommend you use the official wallet of the coin which is the Monero GUI client. Then you download the mining software that supports Monero which is the MultiMiner. There are other software’s but the MultiMiner is the easiest one you can use.
5. Ethereum Classic
The main aim of Ethereum Classic was to make sure the main Ethereum blockchain survives. It serves as an alternative for people who disagree with the DAO bailout of Ethereum. The main blockchain reduces block reward after every five million blocks.
Ethereum Classic can be mined with ASIC machines as well as desktop machines. There are a ton of software that can be used including GMiner, Cruxminer, and OPENETC pool. You need to select one of the mining software’s depending on your computer hardware. It is also advisable you join a mining pool for better and faster results. You can find a complete guide to mining ETH classic HERE.
This is another leading cryptocurrency that is centered on privacy. The coin is suitable for home mining because its most important feature is that it employs the Equihash algorithm that is designed to be ASIC resistant. If you have a GPU at home you can use it to participate in Mining Zcash.
You need to download the Zcash wallet and set it up from their blockchain. This process takes some time because It has to download in its entirety on your node and sync at the same time. You need to download the software that will be used for the mining process, you will also need to download some drivers for your GPU. The full details of mining Zcash can be found HERE.
Bytecoin is an anonymous cryptocurrency and it is one of the best crypto to mine. You can easily mine the coin at home on your private computer. they designed it to be an easy process for those interested in mining Bytecoin. If you want to mine all you need to do is to download the Bytecoin Wallet and run the program on your computer. after the program is installed on your computer you need to create a wallet for yourself and set your address as the recipient after mining is complete.
You can mine alone but on the Bytecoin Network but it is more advisable to join a mining pool that supports CPU. After joining the pool, you also need to download compatible mining software. You can also decide to mine Bytecoin with a GPU but you need to download compatible software that mines with a GPU. Using a GPU leads to faster mining processes.
Ravencoin is a fork of Bitcoin code and it can be easy crypto to mine. It is a blockchain network optimized to move assets from one holder to another. It is an open-source crypto asset that tries to improve on Bitcoin mistakes. For example, it has a one-minute block reward time whereas Bitcoin takes more than one minute for reward time.
Ravencoin algorithm is designed to be ASIC resistant and can be mined using a high-end GPU. If you are interested in Mining Ravencoin click the Link HERE.
Grin was launched in 2019 and so far, it is one of the best crypto to mine. It focuses majorly on privacy and scalability and it employs the MimbleWimble algorithm for transactional privacy support. the network supports both CPU and GPU mining but if you want to use GPU then you should get NVIDIA GPUs. there is a minimum of 5.5GB space required to begin mining the coin.
To get started you need to download the blockchain from their official website to set up your node. Once you successfully install the blockchain on your PC you need to connect your wallet to the node. After that, you then create a wallet and configure your graphics card to work with the wallet. Then you set your software to the Cockaroo Proof of work which is the version of the GRIN network that supports GPU mining.
AEON is based on the CryptoNote protocol and was originally forked from Monero. It is one of the easiest crypto to mine because you can use a CPU or GPU. It uses the CryptoNight Lite algorithm and ring signatures to keep transactions untraceable. Once mined it can be sold on various exchanges that have listed the crypto asset.
Is Crypto Mining Still Profitable?
There are some coins listed here that can be mined at home but the process will be slow and it will also cost you electricity. Coins like Monero, Zcash, and Bytecoin are the easiest crypto to mine. If you want to get more serious then investing in a GPU will be a good idea. The GeForce RTX 3080 or RTX 3090 are some of the most popular GPUs used for mining.
The GPU offers better performance for mining crypto and they also have a maximum hash rate required for speedy calculation needed while mining crypto. CPUs have lower hash rates and they measure in thousands while GPUs measure in millions per second.
Rounding Up – Best Crypto to Mine
Above is the list of the top 10 easiest crypto to mine. They can be mined without having any complex hardware. Unlike bitcoin that requires the most powerful GPUs, the ones listed here can even be mined using a laptop in a bedroom. Mining is one of the most profitable ways of investing in crypto if you use the right methods. If you have any questions make sure you ask them in the comment section below.