Which cryptocurrencies are still easy to mine?

Here you will find the right answers

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Please login in or sign up to participate in the forum.
 
avatar
  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

I am interested in mining bitcoin but it seems there is no roon for small players any more. Could you recommend any other cryptocurrncies which are still easy to mine?

 
avatar
  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4002

Hi there,

As a general rule, the less widely used a cryptocurrency is, the less computing power is necessary to mine that currency. If you are interested in mining, consider up-and-coming cryptocurrencies which already have a reasonable user base (mining isn't profitable if there are no blocks to mine).

Best regards from Moneyguru