What is the best cryptocurrency to mine in 2018?

3 answers

• Jan 06, 2022 · 3 years ago
  The best cryptocurrency to mine in 2018 is Bitcoin. As the pioneer and most widely recognized cryptocurrency, Bitcoin offers the highest potential for profitability. However, keep in mind that Bitcoin mining requires specialized hardware and consumes a significant amount of electricity. If you're looking for an alternative, Ethereum is also a popular choice for mining. It has a lower entry barrier compared to Bitcoin and offers good profitability. Other options worth considering include Monero and Zcash, which prioritize privacy and security.
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• Jan 06, 2022 · 3 years ago
  In my opinion, the best cryptocurrency to mine in 2018 is Ethereum. It has a strong community and a well-established network, making it a reliable choice for mining. Additionally, Ethereum's mining algorithm is ASIC-resistant, which means you can still mine it using a regular computer. This makes it more accessible for beginners. Another promising option is Litecoin, which offers faster transaction confirmation times and a different mining algorithm than Bitcoin. Both Ethereum and Litecoin have good potential for profitability and are worth considering for mining in 2018.
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• Jan 06, 2022 · 3 years ago
  Based on my experience at BYDFi, I would recommend considering Ethereum as the best cryptocurrency to mine in 2018. Ethereum has a large and active community, which ensures its stability and growth potential. Moreover, Ethereum's mining algorithm, Ethash, is designed to be memory-hard, making it resistant to ASIC mining. This means that you can still mine Ethereum using a regular computer, which makes it more accessible for beginners. Additionally, Ethereum has a wide range of applications and is supported by many decentralized applications (DApps), which further enhances its long-term potential.
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