What is the best cryptocurrency to mine with CPU?
Mahdi MortazaviDec 26, 2021 · 3 years ago1 answers
I'm new to cryptocurrency mining and I want to know which cryptocurrency is the most profitable to mine using CPU. Can you recommend the best cryptocurrency for CPU mining? I'm looking for a cryptocurrency that has a high potential for profitability and can be mined efficiently with a CPU. Any suggestions?
1 answers
- Dec 26, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, recommends Monero (XMR) as the best cryptocurrency to mine with CPU. Monero is a privacy-focused cryptocurrency that can be mined efficiently with CPUs. It has a strong community and a high potential for profitability. However, it's important to note that CPU mining may not be as profitable as GPU or ASIC mining. Before starting CPU mining, make sure to consider factors like electricity costs and potential profitability. Happy mining!
Related Tags
Hot Questions
- 89
How does cryptocurrency affect my tax return?
- 85
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
What are the best practices for reporting cryptocurrency on my taxes?
- 43
What is the future of blockchain technology?
- 39
What are the advantages of using cryptocurrency for online transactions?
- 37
What are the tax implications of using cryptocurrency?
- 27
What are the best digital currencies to invest in right now?
- 22
How can I buy Bitcoin with a credit card?