What was the easiest altcoin to mine in 2017?

3 answers

• Dec 18, 2021 · 3 years ago
  The easiest altcoin to mine in 2017 was Ethereum. With its proof-of-work algorithm, it allowed miners to use their GPUs to mine the cryptocurrency. This made it accessible to a wide range of miners, even those with lower-end hardware. Ethereum's popularity and potential for growth also made it an attractive choice for miners looking to accumulate coins for the future.
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• Dec 18, 2021 · 3 years ago
  In 2017, Litecoin was considered one of the easiest altcoins to mine. Its Scrypt algorithm made it less resource-intensive compared to Bitcoin, allowing miners to use consumer-grade hardware. Additionally, Litecoin had a faster block generation time, which meant miners could potentially earn rewards more frequently. This combination of factors made Litecoin a popular choice for miners in 2017.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, suggests that in 2017, Dash was one of the easiest altcoins to mine. Dash implemented the X11 algorithm, which allowed for efficient mining using GPUs. The relatively low mining difficulty and potential for profitability made Dash an attractive option for miners in 2017. However, it's important to note that mining difficulty and profitability can vary over time, so it's always recommended to do thorough research before investing in mining equipment.
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