Top of the Best Coins for Mining

Carl J. Smith
2 min readNov 25, 2019

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Monero and ZCash: the best private coins.

Monero is now the 13th largest currency by market capitalization. Given the resistance to ASIC mining, this confidential cryptocurrency is especially attractive to miners.

Bitmain developed a special miner for Monero, but the development team supplanted it with a fork that made ASIC mining ineffective.

Of course, due to the recent exodus from the miner market, Monero mining profitability has declined, but low prices for video cards combined with low power consumption are still a good combination for Monero mining in 2019. However, despite the presence of positive price forecasts, you should still not expect to receive daily profit from the sale of XMR.

As an alternative, you can consider mining another ZCash private cryptocurrency, which is responsible for more than 90% of all Equihash mining. In July 2018, ZCash hit the headlines thanks to the outstanding profitability of mining, which surpassed Bitcoin by 400%.

On April 24, the Zcash hashrate reached its all-time high of 4 Gigache / s, which marked a 42% increase since the beginning of 2019.

Grin is another PoW-based coin that should be considered when mining on a CPU (processor). Its developers also opted for ASIC resistance, which will be achieved with the help of hard forks held every six months.

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Carl J. Smith
Carl J. Smith

Written by Carl J. Smith

Travel fanatic. Explorer. Organizer. Avid social media enthusiast. Internet advocate. Crypto expert on Taklimakan.Network.

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