5 BEST Cryptocurrency to Mine with GPU [Most Profitable]

Crypto mining is one of the best ways to make money online. You don't need special equipment, just some computing power and free electricity. If you're looking for a way to earn some quick cash, try cryptocurrency mining. It can be done easily with GPU 

How much time does it take to mine bitcoin? How much power does it consume? What kind of hardware should I use? Is mining profitable or not? These questions are common among newbies who want to start mining bitcoins. 

If you have an interest in cryptocurrencies, then this guide will help you understand how they work, what makes them valuable, and how you can get started. 

Mining is the process by which transactions are verified and added to the public ledger (also known as the blockchain), and is done through specialized software running on your computer. 

Mining requires very high amounts of computational power and often the specialized ASICs designed specifically for Bitcoin. 

The reward for mining blocks is currently 12.5 BTC. Once there is enough of a balance between supply and demand, no more coins will be created and further mining becomes unprofitable. 

Mining is the process by which transaction records are recorded in a distributed public database called the Blockchain. 

This ledger is shared across all computers connected to the network and is considered by many experts to be the most important innovation since the invention of the Internet. 

Bitcoin mining is the process by which new Bitcoins enter into circulation according to the rules set out by the protocol described in source code that is being mined.  

Review Cryptocurrency to Mine with GPU 

Cryptocurrencies are digital currencies that use cryptography to secure transactions, control access, and verify transfers. They differ from fiat money such as dollars and euros because there is no central bank that issues them and regulates their value. 

Instead, it is distributed among participants within the network. There are thousands of different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Dash, ZCash, Dogecoin, and others. 

The purpose of mining is to maintain the blockchain, add transaction records, and release new coins into circulation. Mining involves solving complex algorithms that use highly specialized computers known as ASICs (application specific integrated circuits). 

These ASICs consume a lot of energy and produce a lot of heat. However, even though the process uses a lot of power, it does not require a great deal of computing knowledge to participate. 

All you need is a high-end graphics card, some free time, and access to the internet. 

GPUs are very powerful graphic cards designed specifically for gaming. You can buy them online or in retail stores like Best Buy. In fact, we recommend buying a mid-range model like the GeForce GTX 1050 Ti. 

Some models offer better performance than others, but all of them will work well enough for mining purposes. 

You can combine multiple GPUs together in a mining rig to increase your chances of finding blocks. If you want to learn how to build a mining rig. 

To make sure you’re getting the most bang for your buck, read about the differences between CPU mining and GPU mining. 

Comparison of the Most Profitable Coins to Mine With GPU

Cryptocurrencies are one of the hottest topics in technology today. In fact, many people are now talking about cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, ZCash, Dogecoin, etc. 

These currencies are digital assets designed to work without a central bank system. They use cryptography techniques to secure transactions and produce a fixed number of coins with certain rules. 

Because there is no physical representation of the currency itself, it cannot be printed out like fiat money. 

The main difference between traditional currencies and cryptocurrency is that the former issue debt while the latter do not. This makes crypto more attractive because it does not rely on trust but rather mathematics. 

There are some drawbacks though. For example, mining cryptos requires a lot of computing power and electricity. Also, you need to purchase expensive equipment and software to mine cryptos. 

As we mentioned above, there are several different types of cryptocurrencies. Here we focus on five of the most popular ones. We compare them based on their current price, total supply, daily profit potential, difficulty level, hashing speed, and transaction fees. 

#1. Bitcoin 

Bitcoin is considered to be the world’s first decentralized digital currency. Its network is peer to peer and transactions take place directly between users without the involvement of banks or clearing houses. The network uses blockchain technology and is powered by miners. Miners are responsible for validating transactions and securing the network. 

In 2014, the value of 1 bitcoin exceeded US$1000. As of January 2018, one bitcoin is worth around US$15,000.