Deciding what crypto to mine can be a game-changer for your bottom line. We looked at hardware requirements, profitability, market demand, and more to help you find the best crypto mining opportunities. Below, we present a quick comparison table, followed by product cards offering details on each of these cryptos to mine.
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Which cryptocurrency is best to mine?
Here’s a summary table of our picks for the best crypto mining options, including each coin’s approximate rewards, hardware, and difficulty level. Always remember to check the latest info, as these figures can change with market conditions.
Bitcoin (BTC)
Best crypto to mine for long-term profit
Mining Rewards: ~3.125 BTC/block
Hardware Requirements: ASIC device (SHA-256)
Difficulty: Very Hard (massive competition)
Bitcoin is the largest and arguably best cryptocurrency to mine for future gains, though it demands significant upfront investment. You’ll likely need a specialized ASIC miner and might have to join a mining pool to see consistent rewards. Bitcoin’s dominance and liquidity make it a top pick for miners aiming at long-term stability.
– Pros & Cons
Pros
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High market value
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Huge global adoption
Cons
– Why our experts picked it
Bitcoin stands out for its established network and proven track record. Miners seeking big rewards and market prestige keep BTC at the top of their mining targets.
Monero (XMR)
Best coins to mine for privacy
Mining Rewards: ~0.6 XMR/block
Hardware Requirements: CPU or GPU (RandomX)
Difficulty: Easier for at-home miners
Monero is a privacy-oriented cryptocurrency known for its stealth addresses and untraceable transactions. Its ASIC-resistant design makes it accessible even if you only have modest hardware, though returns might not match large-cap coins.
– Why our experts picked it
We included Monero for its unique privacy focus and ASIC-resistance, which democratizes mining and appeals to at-home enthusiasts wanting to avoid pricey gear.
Litecoin (LTC)
Best crypto to mine for ASIC mining
Mining Rewards: ~6.25 LTC/block
Hardware Requirements: ASIC recommended (Scrypt)
Difficulty: Moderate to Hard
Litecoin uses the Scrypt algorithm, making it friendlier for GPU mining than Bitcoin’s SHA-256, but ASICs still dominate. Miners appreciate Litecoin’s faster block generation and established reputation as a digital silver to Bitcoin’s gold.
– Why our experts picked it
Litecoin is known for its strong user base and consistent development—ideal if you’re seeking a time-tested altcoin to mine.
Zcash (ZEC)
Best crypto to mine for privacy and GPU mining
Mining Rewards: ~1.5625 ZEC/block
Hardware Requirements: GPU or ASIC (Equihash)
Difficulty: Moderate
Zcash is another privacy-driven cryptocurrency built from Bitcoin’s original code. While GPU mining is possible, ASIC rigs often yield better profits. If you’re looking for an alternative privacy coin to mine (besides Monero), Zcash is a solid pick.
– Why our experts picked it
Zcash merges a recognized brand with advanced privacy, making it a compelling option for GPU miners transitioning to altcoins.
Dogecoin (DOGE)
Best coins to mine for community and high rewards
Mining Rewards: 10,000 DOGE/block
Hardware Requirements: ASIC recommended (Scrypt)
Difficulty: Medium
Dogecoin began as a lighthearted meme but has since developed a loyal community and robust mining ecosystem. While it’s easier than Bitcoin to mine, it still requires specialized hardware to remain competitive.
– Why our experts picked it
Dogecoin has lasting meme power and an active supporter base, often leading to notable short-term price surges, which can benefit miners.
Dash (DASH)
Best coins to mine for instant transactions
Mining Rewards: ~2.3 DASH/block
Hardware Requirements: GPU or ASIC (X11)
Difficulty: Easy/Medium
Dash focuses on speed and privacy by offering InstantSend and PrivateSend features. Though it began as a hard fork of Bitcoin, Dash uses the X11 algorithm, making it possible to mine with GPU—although ASICs can net bigger profits.
– Pros & Cons
Pros
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Fast settlements
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Privacy enhancements
Cons
– Why our experts picked it
Dash merges quick transaction features with a somewhat less crowded mining environment, which can be good for small to mid-range miners.
Grin (GRIN)
Best crypto to mine for privacy and scalability
Mining Rewards: 60 GRIN/block
Hardware Requirements: GPU or ASIC (two distinct algorithms)
Difficulty: Moderately profitable
Grin emphasizes privacy and scalability, implementing the Mimblewimble protocol. With two mining algorithms—Cuckatoo32+ for ASICs and Cuckaroo29 for GPUs—Grin accommodates a variety of setups, though returns can be inconsistent.
– Why our experts picked it
Grin offers an interesting double algorithm structure, letting both GPU and ASIC miners compete and keep the network decentralized.
Ravencoin (RVN)
Best coins to mine for asset transfer and decentralization
Mining Rewards: 2,500 RVN/block
Hardware Requirements: CPU or GPU (ASIC-resistant, KAWPOW)
Difficulty: Easier for at-home miners
Ravencoin was designed to facilitate easy asset transfer and is well-known for its ASIC-resistant approach. If you’re looking for a coin that supports GPU or CPU mining at a smaller scale, Ravencoin might be the most profitable mining cryptocurrency for a budget-friendly setup.
– Why our experts picked it
Ravencoin stands out for its user-friendly, ASIC-resistant protocol, appealing to hobbyists seeking a fair playing field.
Vertcoin (VTC)
Best crypto mining at home
Mining Rewards: 12.5 VTC/block
Hardware Requirements: CPU or GPU (Lyra2REv3)
Difficulty: Easy
Vertcoin is built as a Bitcoin variant but with a strong focus on ASIC-resistance. This coin is known for enabling at-home miners to stay competitive using a standard CPU or GPU, making it one of the best crypto to mine without breaking the bank on hardware.
– Pros & Cons
Pros
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Lower potential gains
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Not as widely recognized
Cons
-
Lower potential gains
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Not as widely recognized
– Why our experts picked it
Vertcoin maintains an ASIC-resistant ethos, helping small-scale miners remain relevant and minimize big-farm dominance.
Ethereum Classic (ETC)
Best crypto mining for GPU mining and legacy systems
Mining Rewards: 2.5 ETC/block
Hardware Requirements: GPU or ASIC (Etchash)
Difficulty: Medium
Ethereum Classic originated after Ethereum’s 2016 hard fork. Its current PoW architecture and relatively lower difficulty mean smaller miners can still participate, although it requires consistent upgrades to remain profitable.
– Why our experts picked it
Ethereum Classic is appealing for miners who missed the chance to mine original Ethereum before it shifted to PoS, offering a stable alternative for GPU rigs.
How to choose the best crypto to mine
Choosing the most profitable cryptocurrency to mine isn’t just about picking the highest block reward. You need to consider a range of factors that affect both your short-term gains and long-term success.
Profitability
Look at mining rewards, current coin price, and future potential. A high-reward coin with minimal market demand might end up yielding less profit than a more established project with slightly lower rewards but stronger liquidity. Calculate your anticipated monthly or annual revenue by factoring in block rewards, coin price, and your hardware’s hash rate. Remember to include electricity and mining pool fees as these can reduce your margins.
Accessibility
Check the coin’s algorithm and if it’s ASIC friendly or resistant. Some coins (like Monero and Ravencoin) are designed so that GPU/CPU miners can still be competitive. This makes them more approachable for beginners or hobbyists. Others, like Bitcoin or Litecoin, lean heavily toward ASIC mining.
Sustainability
Depending on where you mine, local regulations can encourage eco-friendly mining solutions. Understand your area’s policies beforehand. Mining crypto can be energy-intensive, so ensure you have a reliable, affordable electricity source. Look into if you can use renewable energy or leverage lower off-peak rates to reduce overhead.
Privacy and security
Some miners value coins with strong privacy features (e.g., Monero or Zcash). If you’re focusing on privacy coins, remember they may face extra regulatory scrutiny, causing issues like delistings on exchanges. A strong developer community will address security vulnerabilities faster, safeguarding your mining efforts.
Market trends
Mining returns are tied to a coin’s market price. Monitor upcoming forks, halvings, or upgrades. Coins with an active roadmap and a growing user base are often safer bets for consistent returns.
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Is crypto mining still profitable?
Yes, it can be. But you must consider the cost of what to mine, electricity expenses, mining difficulty, and coin price volatility. For instance, Bitcoin can yield substantial earnings if you have low-cost power and top-tier ASICs. Meanwhile, lesser-known coins might be the easiest crypto to mine at home, but could offer lower returns in a market downturn.
How to mine crypto successfully
Mining success comes down to a few practical steps:
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Pick the right hardware: Choose gear that suits your target coin’s algorithm (ASIC, GPU, or CPU).
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Join a mining pool: Boost your odds of consistent payouts by combining resources with other miners.
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Stay efficient: Monitor energy consumption and consider using off-peak electricity rates or renewable sources.
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Track your taxes: Mining profits count as income. Check out your local regulations and keep thorough records.