When it comes to mining, the most important factor to consider is profitability.
Using a mining calculator to calculate the profitability of your future mining operation is a good idea.
When it comes to choosing which cryptocurrency to mine, many people choose the second most popular cryptocurrency and the original smart contracts launchpad.
Ethereum Classic is a slightly modified and upgraded version of the original, pre-2016 Ether, as the name implies.
This was done in order to ensure a more equitable distribution of the coin, as ASIC-compatible cryptocurrencies are frequently mined by centralized ASIC mining firms and pools, making the process far less democratic.
Although this coin is more difficult to mine due to its ASIC resistance, it is worthwhile: the coin’s price is more stable and reliable as a result of its inability to be mined with ASICs, making it a good long-term investment.
With a fixed block mining reward, such linear emission creates a constant increase in supply while lowering the rate of inflation.
Monero is one of the most popular coins to mine, and for good reason: it has an unlimited supply, which means its mining difficulty does not rise as quickly as Bitcoin’s, it has a high price, and it is among the top 44 by market capitalization.
This coin is among the top 100 in terms of market capitalization, making GPU mining a viable option.