Bitcoin
BTC$69 980.05

-0.89%

Ethereum
ETH$3 542.04

-1.00%

Tether
USDT$1.000055

0.05%

Binance Coin
BNB$608.95

3.26%

Solana
SOL$186.01

-1.00%

XRP
XRP$0.614771

-1.43%

Best Cryptocurrency to Mine in October 2019


04 Oct 2019

#Litecoin

One of the most common questions in the crypto industry these days is whether or not crypto mining can still be profitable. As you may expect, the answer is not as black and white as a simple 'yes' or 'no.' A lot of it depends, such as where you are located, and where you plan to mine from. This can severely impact the height of your electricity bills.

Then, there is the matter of hardware that you plan to use. There are still coins that can be mined with a decent GPU, but a GPU won't take you far if you wish to mine Bitcoin.

Finally, there is also a matter of which coin you want to mine in the first place. This is probably the most important question, as mining Bitcoin and mining pretty much anything else is already as different as it can get. In fact, you likely won't be able to mine BTC by yourself in this day and age. Mining BTC has been extremely profitable and popular for years now, and there are so many Bitcoin miners that they had to establish mining pools and mining farms in order for several parties to have the opportunity to participate in the process.

This is because Bitcoin is still extremely expensive, especially as its price recovered by quite a bit in the first half of 2019.

But, if you want to mine an altcoin that is not too demanding, with its block-solving difficulty being at a relatively low level, there are some coins that you can go for. Of course, you should also factor in the price of the coin you wish to mine, the size of the block reward, and many other factors. But, assuming that you know what you are doing, here are a few choices that you might be interested in.

Grin (GRIN)


GRIN is not a particularly old coin, and it uses MimbleWimble consensus algorithm to make its transactions private. However, its coin supply is not capped, so you can pretty much mine it indefinitely. Best of all, it can be mined with a GPU alone,

The reward for mining it is 60 GRIN per block, and its current price is $1.37, so you can earn around $80 per block if you mine it by yourself. If you are interested in mining it, you currently have a limited window of opportunity, before ASICs get involved. GRIN is also accepted by a number of big exchanges, such as KUCoin, HitBTC, Bittrex, Poloniex, OKEx, and alike.

Zcash (ZEC)


Most people have heard about ZCash, which is one of the most popular privacy coins. Now, granted, privacy coins are not in the best place right now, and their situation is likely going to get even worse in the future. The governments do not appreciate private transactions due to their potential for money laundering and financing terrorism and other criminal activities.

But, Zcash is an older coin, and it can be mined by anyone with a simple mining GPU. Its mining rewards right now include 10 ZEC per block, while its current price sits at $37.97.

Litecoin (LTC)


Finally, you could always go for LTC if you can afford to buy a slightly more expensive GPU. Litecoin is one of the oldest coins in the market, and one of the best BTC forks. It is pretty expensive ($55.94), it is accepted on most exchanges, and it is less volatile than BTC itself, as well as many other altcoins. It also offers better speeds than bitcoin, and you can still mine it with a GPU, as mentioned, meaning that you don't have to pay thousands of dollars for ASICs.

It is a high-ranking coin, a decent alternative to BTC, and you can earn a good profit by mining it, all of which serve as a good reason to pick this crypto.

Author: Ali Raza for Crypto-Rating.com

Related

Litecoin hits six-month high as LTC price soars 20% in 24 hours
Litecoin hits six-month high as LTC price soars 20% in 24 hours
Litecoin price hits $400 all-time high, but LTC rally at risk of overheating
Litecoin price hits $400 all-time high, but LTC rally at risk of overheating
German digital stock exchange will list physical Litecoin ETP
German digital stock exchange will list physical Litecoin ETP
InstaForex introduces new tools for cryptocurrency trading
InstaForex introduces new tools for cryptocurrency trading
Litecoin Foundation supports Celsius
Litecoin Foundation supports Celsius
Partnership with Flexa Boosts Litecoin Applicability
Partnership with Flexa Boosts Litecoin Applicability
Mass Adoption of Crypto Through Sports
Mass Adoption of Crypto Through Sports
Deepen your Understanding of Crypto Trading
Deepen your Understanding of Crypto Trading

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 76.8% 42 $69 980.05 -0.89% 6.26% $1 376 321 554 485 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76% 50 $3 542.04 -1.00% 1.71% $425 295 504 407 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $1.000055 0.05% -0.02% $104 510 072 326 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 60% 80 $608.95 3.26% 5.16% $91 059 509 830 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 61.6% 88 $186.01 -1.00% 4.93% $82 665 453 798 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 82.4% 28 $0.614771 -1.43% -2.36% $33 741 219 924 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 94% 2 $0.999937 -0.01% -0.03% $32 488 081 465 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 70% 66 $0.213182 5.48% 32.70% $30 626 599 420 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 68.8% 66 $0.641810 -1.67% 0.99% $22 838 195 969 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 59.6% 87 $53.74 -2.07% -3.75% $20 280 952 532 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 56.8% 94 $0.000031 -1.88% 11.16% $18 162 954 310 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 61.6% 87 $4.88 -1.70% 10.03% $16 923 658 045 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 75.2% 49 $9.47 -1.58% 2.49% $13 511 836 957 DOT 7 days price change
14 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 68% 58 $581.80 2.03% 42.09% $11 451 168 386 BCH 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 78% 42 $18.91 -2.89% 3.64% $11 099 137 470 LINK 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.