Can You Make A Living Off MonaCoin MONA Mining
The mining cryptocurrency is an arms race that rewards early adopters. You’ve almost certainly heard of Bitcoin, the first decentralized cryptocurrency launched in early 2009. Similar digital currencies have entered the world market since then, including a Bitcoin spin-off called Bitcoin Gold. What cryptocurrency is easier to mine? The cryptocurrency market is so mining a certain cryptocurrency today could stop being profitable in a short time. Due to this, we consider that the use of a GPU or graphic card is the best option for those who want to enter the mining industry. Through one or more GPUs it is possible to mine different cryptocurrencies, even with the possibility of automatically extracting the one that offers the most benefits at that moment. Read Also: Read Also: Read Also: Read Also: That is why we have proposed in this article to make a selection of what we believe are the best cryptocurrencies of the moment to mine with a graphics card or GPU. Our selection is based on the recommendations of several specialized sites as well as the opinions of experienced miners.
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Like Bitcoin, all cryptocurrencies are subject to extreme volatility and risk, so if you intend to invest in mining, it is worth doing it with due diligence, and learn more about each one. Dogecoin DOGE Mining Calculator Difficulty. Bitcoin Gold (BTG) Recommended GPUs:,, Algorithm: Equihash Bitcoin Gold (BTG) is a cryptocurrency that started in 2017 as a fork of the Bitcoin blockchain, but has been independent since then. In block 491407, Bitcoin Gold miners began to create blocks with a new working test algorithm, which caused a bifurcation of the Bitcoin blockchain. Read Also: The fundamental change in Bitcoin Gold is the choice of a different hash algorithm that makes proof of work more difficult for ASICs. This is achieved when a hash algorithm requires more memory (RAM) to complete. The current chain of Bitcoin blocks driven by ASICs uses a hash algorithm known as SHA-256 for its work test. The founders of Bitcoin Gold have proposed changing that algorithm to another known as Equihash. Equihash was developed as an algorithm resistant to ASIC processing, and has already seen the success of other cryptocurrencies, the most famous of which is Zcash. Supporters hope that Bitcoin Gold will always be accessible to ordinary users who want to extract cryptocurrencies with their computers. That could give Bitcoin Gold a more democratic character and reduce the influence of the big mining groups that are so powerful within the Bitcoin network.
Electroneum (ETN) Recommended GPUs:,, Algorithm: CryptoNight Electroneum is a cryptocurrency built on its own chain of blocks derived from bitcoin. The cryptocurrency claims to be “the first common cryptocurrency in the world”. The currency was built with the specific objective of capturing mobile games and online gambling markets. It is designed taking into account the ease of use of mobile devices, fast transactions and easy micropayments. Read Also: Electroneum makes numerous mentions that it is a friendly currency for mobile devices. The creators of Electroneum recognize that most of the world has a mobile phone, and approximately 2 billion people own a smartphone. Electroneum is based on harnessing the power of all smartphones to power the network. In addition, users can control all aspects of Electroneum from their mobile wallet. Normally, cryptocurrencies are extracted with specialized equipment, such as PCs with multiple GPUs inside. Electroneum will allow users to extract the currency even with the mobile application. Electroneum wallets are designed to be easily manageable on any smartphone. Coins can be generated by a single mobile miner that runs as background activity on your device. The currency allows for quick micro transactions, and Electroneum can be easily transferred between different games, applications and users. The currency has a maximum total supply of 21 billion Zcash (ZEC) Recommended GPUs:, Algorithm: Equihash Zcash (ZEC) is a decentralized and open source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published in a public blockchain, but the sender, the recipient and the amount of a transaction remain private.
Zcash was the first open cryptocurrency with no permissions that can completely protect the privacy of transactions using zero-knowledge cryptography. Read Also: Zcash’s initial protocol was launched as “Zerocash” in 2014.
Zcash was developed through a collaboration between the original Zerocoin researchers at John Hopkins University and a group of cryptographers at the Massachusetts Institute of Technology, the Technion Institute of Technology of Israel and Tel. University of Aviv.
Zcash uses Equihash, which is an asymmetric hard work test (PoW) algorithm. It is based on the high requirements of RAM to bottle the generation of tests, making the development of the application-specific integrated circuit (ASIC) unfeasible, like Ethereum. Zcash is considered by the majority in the cryptocurrency community as a truly fungible currency. Like Bitcoin, Zcash has a fixed total supply of 21 million units. ZenCash (ZEN) Recommended GPUs:, Algorithm: Equihash Although ZenCash was recently introduced to the world, this cryptocurrency has already received a lot of attention. ZenCash is a direct bifurcation of ZClassic (which in turn is a fork of Zcash) focused on privacy. One feature that makes ZenCash attractive to people is the way it offers a secure communication protocol known as ZenTalk. Users can exchange short messages through this network, all of which are driven by blockchain technology. ZenCash has a maximum coin supply of 21 million, which is the same as Bitcoin. The governance of this project will be done through a structure of the Decentralized Autonomous Organization, which is financed by a part of the mining rewards. The DAO will also finance future developments and seek additional partnerships. Read Also: ZenCash funds the growth using a redirection of a part of the miners’ reward, which will be spent on ZenCash using a community governance mode. In the ZenCash network, 8.5% of the tokens are earmarked for community development, marketing, maintenance and other costs paid from the treasury. This ensures that there are always enough resources available for growth.
ZenCash has a good history of software development and security. Zen uses the same algorithm as Zclassic and Zcash, the Equihash algorithm, so its exploitation is highly profitable through the use of graphic cards.
Walk through of how to mine MonaCoin lyra2rev2 using CCminer and SuperNova for the pool. Links Optimized CC Miner: Mining Pool: mona.suprnova.cc If you want to setup a mining rig The links for the items are below: Hardware Wallet: Power button link: Anti Static Band: Motherboard ( gigabyte h110-d3a motherboard ) Processor ( Intel Pentium G4400 ) Ram ( DDR4 4GB Ram ) SSD ( WD Green 120GB Internal Solid State Drive ) Cable Ties ( Novoflex 100mm Cable Ties, Pack of 100 ) GPU Riser Adapter Card ( PCI-E 1x to 16x Powered Riser Adapter Card ) Graphics Card ( Zotac GTX1070 AMP! Edition ) SMPS ( Corsair RMx Series, RM1000x ) Mining Rig Frame GRAPHICS CARD 1080 Ti - AMD RX Vega 61 - AMD RX Vega 56 - 1070 Ti - 1060 6GB - RX 570 - If you like my video, please hit on the like button. If you dislike it please let me know how can I improve.
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