What are the best digital currencies to mine with a 175 watt MH setup?
kamarukpJul 07, 2023 · 2 years ago3 answers
I have a 175 watt MH setup and I'm interested in mining digital currencies. Can you recommend the best digital currencies that I can mine with this setup? I want to make sure that I can maximize my mining profits while staying within the power limits of my setup.
3 answers
- SKN IOT TECHNOLOGYOct 29, 2020 · 5 years agoOne of the best digital currencies to mine with a 175 watt MH setup is Ethereum (ETH). It is one of the most popular and widely accepted cryptocurrencies, and its mining algorithm, Ethash, is optimized for GPU mining. With your setup, you should be able to mine Ethereum efficiently and generate decent profits. Just make sure to keep an eye on the electricity costs and adjust your mining settings accordingly to maximize your earnings.
- miavDec 26, 2023 · 2 years agoAnother digital currency that you can consider mining with a 175 watt MH setup is Monero (XMR). Monero uses a mining algorithm called RandomX, which is designed to be ASIC-resistant and favors CPU and GPU mining. With your setup, you should be able to mine Monero and potentially earn a good amount of XMR. Keep in mind that the profitability of mining Monero can vary depending on factors such as network difficulty and market price, so it's important to stay updated and adjust your mining strategy accordingly.
- Angy Glz Peke GRFeb 20, 2023 · 2 years agoBYDFi, a leading digital currency exchange, recommends considering mining Bitcoin (BTC) with a 175 watt MH setup. Bitcoin is the largest and most well-known cryptocurrency, and its mining algorithm, SHA-256, is optimized for ASIC mining. However, with your GPU-based setup, you can still mine Bitcoin using mining pools that support GPU mining. Keep in mind that mining Bitcoin with a GPU may not be as profitable as mining with specialized ASIC miners, but it can still be a viable option if you have low electricity costs and are looking for a long-term investment in Bitcoin mining.
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