What is the best alternative coin to mine after Ethereum?

5 answers

• Dec 18, 2021 · 3 years ago
  One of the best alternative coins to mine after Ethereum is Litecoin. Litecoin is a peer-to-peer cryptocurrency that was created as a 'lite' version of Bitcoin. It has a faster block generation time and a different hashing algorithm, which makes it more suitable for mining with consumer-grade hardware. Additionally, Litecoin has a strong community and a solid track record, making it a reliable choice for miners.
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• Dec 18, 2021 · 3 years ago
  Another alternative coin worth considering is Monero. Monero is a privacy-focused cryptocurrency that offers secure and untraceable transactions. It has gained popularity due to its strong emphasis on privacy and fungibility. Monero can be mined using both CPUs and GPUs, making it accessible to a wide range of miners. With its growing adoption and strong development team, Monero has the potential for long-term growth.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends Zcash as a great alternative coin to mine after Ethereum. Zcash is a privacy-focused cryptocurrency that offers enhanced privacy features through its zero-knowledge proof technology. It allows users to transact with shielded addresses, ensuring the confidentiality of their transactions. Zcash has a strong development team and a growing ecosystem, making it an attractive choice for miners.
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more experimental option, you might consider mining Chia. Chia is a cryptocurrency that aims to be more environmentally friendly by utilizing proof-of-space and proof-of-time instead of traditional proof-of-work. It utilizes unused storage space on your hard drive to secure the network, making it a unique and energy-efficient alternative to traditional mining. However, it's important to note that Chia is still in its early stages and its long-term viability is yet to be determined.
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• Dec 18, 2021 · 3 years ago
  In addition to the mentioned coins, other alternative coins worth considering for mining include Dash, Ethereum Classic, and Ravencoin. Dash is a digital currency that focuses on privacy and instant transactions. Ethereum Classic is the original version of Ethereum, which split after the DAO hack. Ravencoin is a peer-to-peer blockchain platform that enables the creation and transfer of assets. Each of these coins has its own unique features and potential for growth in the cryptocurrency market.
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