Why I think Ethereum Could Become the Easiest Cryptocurrency for everyone to Mine

The digital money upheaval has arrived. With Bitcoin (BTC) hitting unequaled highs, topping at one point around $3,000 per unit—and Ethereum (ETH) going from around $10.00 to over $400.00 in less than a year—these two pioneers in the cryptographic money advertise are putting forth the defense that they are the absolute most lucrative interests in 2017.

Be that as it may, a standout amongst the most critical improvements in the digital money exchange at this moment is finding the least demanding coins to mine. Actually, the most straightforward cryptographic money to mine will be a distinct advantage, since whichever online cash can deal with that will eventually turn into the digital currency of decision for the world on the loose.

Initial, a fundamental comprehension of mining is required here. Mining portrays the procedure by which Bitcoin, Ethereum, and different coins are made.

On account of Bitcoin mining, for example, the procedure includes an outsider helping an exchange experience by communicating with the blockchain. Keeping in mind the end goal to do that, they require their PCs to comprehend an intricate arrangement of math issues that expansion in trouble contingent upon what number of excavators are presently working, and lessening in trouble if there is a deficiency of diggers working.

While the process is time-consuming and costly, the reward for helping that transaction go through is a Bitcoin. Not a bad trade, all things considered. Except that mining is by no means a cheap endeavor. Cryptocurrency mining takes a very strong computer, as well as a large amount of energy to power said computer.

One projection argues that Bitcoin transactions may consume as much electricity by the year 2020 as the entire nation of Denmark. (Source: “Proof of Work vs Proof of Stake: Basic Mining Guide,” BlockGeeks, last accessed July 12, 2017.)

For a number of reasons, that’s unsustainable. Environmentally and economically, it’s unlikely that this manner of energy consumption will be able to continue indefinitely for the long term.

So, when it comes to the easiest coins to mine, there is a bevy of smaller cryptocurrencies that you may have luck with if your computer is fast enough to grab them while they’re still in their infancy. They may even have a strong growth potential. But then you’re playing with fire.

By far the two most trusted cryptocurrencies, BTC and ETH have long since attracted most of the attention of the media and consumers, and essentially have phased out casual miners. Trying to invest in another cryptocurrency has its merits, but also carries high risk.

So, instead, the question is not which is the easiest cryptocurrency to mine, but rather, which one is going to innovate the mining process.

And that brings us to Ethereum’s play for dominance over the cryptocurrency market.

With the Ethereum changeover expected to happen sometime in 2017, that would make ETH a good cryptocurrency to mine in 2017. Not only will the cost of production of a ETH be lowered, and therefore make the mining process more profitable overall, it will be streamlined and simplified, making this one of the best potential cryptocurrency mining opportunities out there.

With Ethereum, you get a rising cryptocurrency with a decent amount of support already in the market, where ETH is one of the more trusted options available.

If you’re looking for the easiest cryptocurrency to mine, ETH may soon be exactly what you’re waiting for when it makes the change to proof-of-stake. Not to mention that the massive growth in ETH makes it an already attractive investment opportunity.