Kakashi2020 Posted December 30, 2018 Share Posted December 30, 2018 Since Bitcoin can't be mined cost efficiently anymore, what would be the next best alternative, the most cost-effective crypto that can be mined using your GPU/CPU? Quote Link to comment https://slingbank.com/forums/topic/2022-whats-the-easiest-cryptocurrency-to-mine/ Share on other sites More sharing options...
Caguioa747 Posted January 4, 2019 Share Posted January 4, 2019 I am not really into mining cryptocurrency because at first, you need to buy mining equipment's that is not cheap at all and of course the maintenance of the equipment and the electric bill. in short you need to invest a huge amount of money just to mine. the dilemma is what if the price of that cryptocurrency your mining crashes? Quote Link to comment https://slingbank.com/forums/topic/2022-whats-the-easiest-cryptocurrency-to-mine/#findComment-3764 Share on other sites More sharing options...
Rathiel Posted January 11, 2019 Share Posted January 11, 2019 Unfortunately, none of the cryptocurrencies are performing strongly enough to justify the sort of expenditures the early day bitcoin miners made when they started out. Given how the pioneers drove up the prices for certain key components, inflating it not just for fellow miners but also other PC enthusiasts, and the rising cost of electricity, I don't think the old manner of mining is feasible anymore. Cryptocurrency has potential, but after the steep decline in bitcoin's value, it's going to be the subject of a lot of scrutiny and careful observation. I'm definitely against starting to mine at this late a stage, even for the newer 'up and comer' cryptocurrencies. Quote Link to comment https://slingbank.com/forums/topic/2022-whats-the-easiest-cryptocurrency-to-mine/#findComment-3914 Share on other sites More sharing options...
axl2468 Posted January 12, 2019 Share Posted January 12, 2019 The newer the cryptocurrency, the easier to mine and the most rewarding to mine. That also means its very risky as you don't know if the cryptocurrency will succeed at all. I would suggest Monero for some small but safe rewards, but any relatively new crypto will do. Quote Link to comment https://slingbank.com/forums/topic/2022-whats-the-easiest-cryptocurrency-to-mine/#findComment-3988 Share on other sites More sharing options...
VanessaIsabelle Posted January 12, 2019 Share Posted January 12, 2019 Mining is an alternative approach to getting cryptocurrencies rather than buying them with cash. However, for mining to be successful, it involves the use of pool and it is done for a fee. The better the pay outs, the costly it will be. It has been noted that newer cryptocurrencies such as Belacoin, Ambercoin and Megacoin are one of the few to be easily mined. Quote Link to comment https://slingbank.com/forums/topic/2022-whats-the-easiest-cryptocurrency-to-mine/#findComment-4010 Share on other sites More sharing options...
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