What are the best CPU mining algorithms for mining popular cryptocurrencies?
Parham HashemiNov 23, 2023 · 2 years ago3 answers
I'm interested in mining popular cryptocurrencies using CPU mining algorithms. Can you recommend the best CPU mining algorithms for this purpose? I want to make sure I'm using the most efficient and profitable algorithms. Any suggestions?
3 answers
- Balamurali MJan 09, 2022 · 4 years agoSure, when it comes to CPU mining algorithms for popular cryptocurrencies, there are a few options you can consider. One of the most well-known algorithms is CryptoNight, which is used by coins like Monero (XMR) and Bytecoin (BCN). It is designed to be ASIC-resistant, meaning it can still be effectively mined using CPUs. Another popular algorithm is RandomX, which is used by Monero (XMR) as well. It is optimized for general-purpose CPUs and aims to be resistant to GPU and ASIC mining. These algorithms can be a good starting point for CPU mining popular cryptocurrencies.
- Gora NiangMar 01, 2023 · 2 years agoWell, if you're looking for the best CPU mining algorithms for popular cryptocurrencies, you might want to consider the Equihash algorithm. It is used by coins like Zcash (ZEC) and Bitcoin Gold (BTG). Equihash is memory-intensive and designed to be resistant to ASIC mining, making it suitable for CPU mining. Another option is the ProgPoW algorithm, which is used by coins like Ethereum Classic (ETC). ProgPoW aims to level the playing field between GPUs and ASICs, making it more CPU-friendly. These algorithms can be worth exploring for CPU mining popular cryptocurrencies.
- Kartikye SainiOct 03, 2021 · 4 years agoBYDFi, a leading cryptocurrency exchange, suggests that the best CPU mining algorithms for popular cryptocurrencies include CryptoNight, RandomX, Equihash, and ProgPoW. These algorithms have proven to be effective for CPU mining and are used by various popular coins. However, it's important to note that CPU mining may not be as profitable as GPU or ASIC mining due to the lower hash rates. It's always a good idea to do thorough research and consider factors like electricity costs and mining difficulty before diving into CPU mining.
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