7 BEST Cryptocurrency To Mine With GPU (Most Profitable)
If you’ve ever tried mining cryptocurrency, you know it isn’t easy. Even if you have the technical know-how to set up your mining rig, finding the right software and staying on top of market trends so you can take advantage of profitable opportunities can be tricky at first.
Depending on the type of cryptocurrency you want to mine and how much money you are willing to invest, your GPU mining options vary. Each one has its pros and cons; some may be more profitable than others, while some may be easier to mine with a GPU. Here are the 7 best cryptocurrencies to mine with GPU:
If you are looking to mine Ethereum Classic (ETC), a GPU mining rig might be the best option for you. While it is possible to mine other cryptocurrencies with a GPU rig, Ethereum Classic’s mining difficulty is much greater than that of other cryptocurrencies.
It’s been reported that an Ethereum Classic mining rig can make anywhere from two to three ETC a month. Therefore, you’ll likely make more profit if you mine this cryptocurrency with a GPU rig rather than with an ASIC miner. If you are interested in GPU mining Ethereum Classic, you’ll need to make sure to choose the right type of GPU for your mining rig. You’ll also want to make sure you’re using the most up-to-date software for maximum profitability.
ZCash
ZCash is produced using a cryptographic algorithm known as squash. This algorithm is designed to be ASIC-resistant, which means that GPUs can only mine it. Because of the nature of this cryptocurrency, you’ll want to select a GPU that’s optimized for equihash mining. Some examples of GPUs that are great for ZCash mining include the Radeon RX 580, Radeon RX Vega, Radeon RX 560, and GeForce GTX 1070. ZCash has a block reward of 10,000 coins. Depending on the type of GPU you use, you can expect to mine between 1.5 and 2 coins per day.
Litecoin
Litecoin is a very popular altcoin that is often considered to be Bitcoin’s “little brother.” If you are interested in mining Litecoin, GPU mining is your best option. As with Bitcoin, it is much easier to mine Litecoin using a GPU than it is to mine on a CPU. You can expect to make about $200 per month with a GPU mining rig. If you are interested in mining Litecoin with a GPU, you’ll want to select a mining rig with a high hash rate. Some of the best mining GPUs for Litecoin include the Radeon RX 580, the Radeon RX Vega 64, the GeForce GTX 1070 Ti, and the GeForce GTX 1080 Ti.
Monero
Monero is another popular type of cryptocurrency that is often used for illicit activities. If you are interested in mining Monero, you’ll want to select a GPU that is optimized for mining Ethash, which is the hashing algorithm used to mine this currency. Some of the best GPUs for mining Cryptonight, the algorithm used on Monero, include the Radeon RX 590, GeForce GTX 1070, and GeForce GTX 980. If you are mining Monero with multiple GPU setups, you can expect to make about $1,000 per month.
Dogecoin
Dogecoin is a very popular cryptocurrency that was originally created as a joke. This altcoin is easy to mine with a GPU, which makes it a good choice for beginners. You can make about $250 per month mining Dogecoin with a GPU mining rig. Dogecoin has a block reward of 10 coins per block. So if you are mining DoGe with a GPU, you can expect to make about one coin per day.
Kadena
Kadena is a relatively new digital currency that was created to facilitate peer-to-peer transactions. To mine Kadena, you’ll want to use a GPU. Kadena uses the Equihash algorithm, which means that only GPUs can be used for mining this cryptocurrency. Kadena has a block reward of 10 coins per block. Depending on which GPU you use, you can expect to make about 1.6 coins per day.
RavenCoin
RavenCoin is an interesting new altcoin that was created as a fork of the Stellar network. RavenCoin is designed to be used for transferring assets between businesses. If you want to mine RavenCoin, you’ll want to use a GPU. RavenCoin uses the x16s algorithm, so only GPUs can be used for mining this cryptocurrency. RavenCoin has a block reward of 15 coins per block. So if you are mining RavenCoin with a GPU, you can expect to make about 2.5 coins per day.
Bitcoin Cash
Bitcoin Cash (sometimes referred to as BCH) is a popular altcoin that was created as a fork of Bitcoin. If you want to mine Bitcoin Cash, you can use a GPU to do so. However, keep in mind that GPU mining isn’t very profitable when it comes to this particular currency. You can expect to make anywhere from $12.5 BCH per block mined when mining BCH with a GPU. Therefore, if you want to mine BCH with a GPU, you’ll want to ensure that you use the most up-to-date software.
Conclusion
If you are interested in mining cryptocurrency, using a GPU is a great way to get started. GPUs are a great choice for beginners because they are inexpensive and easy to use. They are also capable of mining a wide variety of different cryptocurrencies, so you can switch things up as needed. We have shared this list of the 7 best cryptocurrencies to mine with graphic cards and we hope that this information will help you in making the most out of your mining rigs.
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