Now in the world there is a real cryptocurrency boom. After Bitcoin broke the value record on the world exchange, everyone abruptly wanted to mine it. However, this is not so simple. The fact is that it is this cryptocurrency that interested global corporations (Microsoft, Apple, and others). An ordinary user cannot keep up with the computing power of IT giants. But few people know that there are very profitable alternatives to bitcoin. So which cryptocurrency is now profitable to mine? We will try to answer this question, taking into account all the realities of the modern stock exchange and the degree of capitalization of individual cryptocurrencies. But first, a little about the history of Bitcoin (since it is so popular).
History of Bitcoin
This cryptocurrency was invented by a talented programmer of Japanese origin Satoshi Nakamoto. It happened in 2009. At first, bitcoin was not in such great demand. At one virtual coin, at best, they gave half a dollar of real money. And then mining bitcoins was much easier. Although the then level of development of iron in most user computers did not give much difference in mining. Over time, bitcoin has noticeably grown in price. This happened when large corporations paid attention to the new currency. And now one coin costs $ 18,000, and the largest corporations are engaged in cryptocurrency mining. So if you are looking for the answer to the question of which cryptocurrency is now profitable to mine on your home computer, then you can safely forget about bitcoin.
After the amazing growth of bitcoin, many independent programmers got the idea to create their own cryptocurrency. Everyone wants to make money. So there were numerous forks of Bitcoin, but few people know about them. Many financial experts unanimously declare that bitcoin is a soap bubble. Say, this currency is not backed up by any material basis of real values. But despite the claims of “wolves from Wall Street,” Bitcoin continues to skyrocket. Only now to get it in the usual way is no longer possible. Only to buy. Therefore, the question arises: "What cryptocurrency is it profitable to mine now and is there any sense in it at all?" We will answer it, but first we will analyze the methods of mining using a conventional personal computer.
CPU utilization
It is a very bad idea to mine using a processor. The fact is that this component controls the operation of the entire computer. And the mining process requires loading the processor to the fullest. As a result, the “stone” will not cope with the support of the entire system, which is fraught with serious consequences. If you are thinking about which cryptocurrency it is now profitable to mine on the processor, then here is the answer. Throw this bad idea. The processor will not be able to provide the necessary processing power. But you can kill the computer quickly. An important factor is the amount of installed RAM. A minimum of 4 gigabytes is recommended. But better still more. Then mining can become really profitable. But in any case, it is much more profitable to mine using a graphics adapter. And then, not every video card will do. Therefore, we move on to the next section.
Using the computing power of the graphics adapter
The vast majority of miners use the hardware power of video cards for their research. And it is right. For these components are sharpened to perform the maximum number of microcalculations per second. However, not every adapter is suitable. Experts say that the most impressive results can only be achieved with AMD cards. For some reason, the green brand is out of work here. So, which cryptocurrency is now profitable to mine on a video card? It all depends on the characteristics of the adapter and the parameters of the computer as a whole. The most popular cryptocurrencies require the creation of farms from dozens of powerful adapters. And for some, one video card is enough. The main thing is that the adapter has at least 2 gigabytes of memory. Otherwise, nothing will work. It is also necessary to have 4 gigabytes of RAM and a second generation Intel Core i3 processor (at least). Now, let's look at the most popular cryptocurrencies and try to understand whether it is profitable to mine them.
Litecoin
This is a "lite" version of bitcoin. This cryptocurrency was created by programmer Charles Lee in 2011. Today, for one lightcoin they give 242 US dollars. This is a pretty decent amount. That is why it is not so easy to get this cryptocurrency. If you are thinking about which cryptocurrency it is profitable to mine now at home, then do not even look at lightcoin. It has long been "staked out" by large corporations. But keeping up with them even with the five most powerful farms will not work. Have to look for an alternative. Fortunately, there are enough of them at the moment. Let's move on to the next one.
Ethereum (ether)
This interesting cryptocurrency was invented by a Russian programmer (although residing in Canada) named Vitaly Buterin. He created this cryptocurrency back in 2011, but it was widely used only in 2013.
At the moment, they give 682 US dollars for one broadcast. At first it was a very interesting and promising currency. Exactly until the time when Microsoft and other companies paid attention to it. And now the ether has become as inaccessible to the mere mortal as Bitcoin. So if you are thinking about which cryptocurrency it is now profitable to mine on a computer and look at the same time in the direction of the ether, then you can safely abandon this venture. For large companies, you still do not catch up.
Monero
An alternative currency using open source. The main feature is that it is mined only using processors with x86 architecture.
We are all well aware of their performance, so there is no reason to rely on large profits. Today on the stock exchange for one "Monerka" give 336 US dollars. Not bad? Still would! And with a successful closing of the block in mining, the user is given only 0.6 "Monerki". So consider it. As you can see, it is not so simple to unequivocally answer the question of which cryptocurrency is now profitable to mine on working computers. Want to get rich? Just not with Monero, because only in office troughs can you now find x86 processors. And their computing power is clearly not enough for mining.
Ethereum Classic (classic ether)
This cryptocurrency is a type of standard ether and differs from the latter by not so high capitalization. That is why an individual user has every chance to earn on mining this currency. For one classic broadcast on the exchange give 26 US dollars. A bit, of course. But better than nothing. So which cryptocurrency is now profitable to mine? Classic ether is quite suitable for mining. While it is not very expensive. But he has good prospects. It may well soar to the level of bitcoin. So, it makes sense to invest or mine.
Ripple
This is a relatively young cryptocurrency. It was developed in 2012. This is probably the cheapest cryptocurrency on our list today. For one ripple on the exchange, they give only one dollar and fourteen cents. Such a low cost does not attract large players, which is beneficial for ordinary users. Moreover, leading analysts say that ripple will soon replace bitcoin. Do you remember? It also once cost only 50 cents. Therefore, it makes sense to pay attention to this currency. If you are wondering which cryptocurrency is now profitable to mine on nVidia video cards, then here it is, the answer. The pretty adapters from the green brand are quite enough for mining ripples, because special capacities are not required. By the way, this is one of the few cryptocurrencies that can be mined with the help of a processor. The mining process will not heavily load the "stone", and it will be able to maintain the health of all components of the computer. But still you need to be careful with this. Do not overdo it. And you can not only not make money, but also remain without your computer.
So what to choose?
That's a good question. And the answer to it depends on several factors. The first (and most important) is the power of the device for mining. If you have a couple of farms with dozens of powerful video adapters at your disposal, then you can easily get confused by mining ether or lightcoin. But if you are an ordinary user with one (albeit powerful) personal computer, then your choice is classic ether or ripple. At the moment, these cryptocurrencies do not have a particularly high capitalization rate, but they are developing dynamically and have good prospects. So, which cryptocurrency is now profitable to mine on your home PC? Right. Classic ether or ripple.
In terms of prospects, ripple still looks the most interesting. It is just being tapped into the successors of bitcoin. And if this is true, then it makes sense to get a couple of dozen coins or purchase them. If the ripple jumps to the level of bitcoin, then you can make good money. Moreover, the “cue ball" has recently begun to lose ground. It is possible to enter the arena of new players. And ripples with classic ether are the first contenders. It is necessary to mine until large corporations have understood what is going on and have not taken this opportunity to earn from users. We buy a powerful video card - and forward, by storm.
Conclusion
So, which cryptocurrency is now profitable to mine? In modern realities, the most promising and promising are Ripple (ripple) and Classic Ethereum (classic ether). While they cost a little, but experts together predict their fast and stable growth. While Bitcoin will slowly but surely lose ground. In general, the foreign exchange market is a very unpredictable thing. Therefore, relying solely on expert opinion is not worth it. Here a lot depends on your own luck. In any case, you need to try. And then - how it goes. Special knowledge and supercomputers for mining are not required. So go ahead. And may the great spirit of the Internet help you!