Currently, Which are The Most Profitable Cryptocurrencies to Mine? Here I Bring you 3 That are The Most ProfitablesteemCreated with Sketch.

in Steem Alliance2 years ago

Hello. There are people and companies that are dedicated to mining cryptocurrencies and they do not do it as a hobby or for fun or to secure a particular network, but rather it is a way to earn money without doing anything.

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It must be taken into account that there are different factors for a company or natural person to mine cryptocurrencies and one of those factors is profitability. On the one hand, there is the price of the cryptocurrency that we are mining, since the price can drop considerably. I feel that it is not profitable since these miners usually consume a lot of energy, but if its value goes up, mining that cryptocurrency becomes very profitable.

It should be noted that the place where the mining hardware is going to be placed must also be taken into account since it has to be at a fairly cold temperature since these mining machines tend to get very hot, you also have to see how much energy it can consume a miner in the course of a month and see what commission the mining pool charges when withdrawing your earnings, these factors must be taken into account since they can negatively or positively affect the income obtained from your activity.

What are the 3 most profitable cryptocurrencies to mine with graphics cards today?

Each graphics card has specifications and capacity that can help us to mine a specific cryptocurrency. For this reason, we have to evaluate which cryptocurrencies we want to mine and which one is more profitable for the capacity of our GPU.

Alephium (ALPH) is the most profitable cryptocurrency to mine with GPU. Mining Alephium with a single GPU can earn between USD 0.35 and USD 0.71 daily. Let's imagine that we have 5 to 8 GPUs mining, we would be generating around 2 to 4 dollars a day.

Kaspa (KAS) and Firo (FIRO) are the second and third most profitable cryptocurrencies behind Alephium lately Kaspa is gaining popularity after the ethereum merge as it received a large amount of former ethereum miner after the ethereum network de-linked from proof of work as a consensus mechanism.

Kaspa uses the kHeavyHash mining algorithm and mining it with a GPU does not generate the same amount as (ALPH) but does generate between $0.13 and $0.42 daily. It must be taken into account that the price of this cryptocurrency is very volatile and its value has risen more than double in the last week when it was around 0.0069 and now it is at 0.013, an increase of 100%.

But Firo, for its part, uses the FiroPow mining algorithm and a single GPU can generate between USD 0.08 and USD 0.072 of profit daily. Currently, the price of Firo in the market has risen very little in the last 24 hours, to reach USD 2.61.



Well friends, here I brought you the 3 most profitable cryptocurrencies today, I hope you liked my publication.

Post writter by @nano-gamer

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