Crypto mining is gaining huge popularity these days among investors. People want to increase their yearly income and choose the option of mining by buying good hardware. Today, you will find various Crypto mining tools with different features and benefits.
It is now easier to mine Bitcoin and other crypto coins than before. Today, people choose to mine Bitcoin, Litecoin, Ethereum, and other kinds of cryptocurrencies. But not every investor has the budget for hardware. In this case, you can start mining crypto coins from your home computers. This blog will further discuss how to mine different cryptocurrencies from home computers.
Which coins can be mined at home?
A few years back, it was not possible to mine Bitcoin from normal desktops and laptops. But now, the introduction of ASIC miners has made it possible to mine Bitcoin right from your home. It is now easy to mine Bitcoin and other cryptocurrencies with the help of a laptop or the processing power of a computer.
You can mine various other types of cryptocurrencies such as Litecoin and Ethereum from your home computer.
The process to mine different types of cryptocurrencies
Now, we will discuss the steps to mine different crypto coins from home computers. Let us have a look at the steps below to mine different coins:
1. Ways to mine Dogecoin
Dogecoin is one of the most popular cryptocurrencies in the world with a market capitalization of about 7.9 billion. It has an average daily volume between 200 million and 600 million.
To start mining Dogecoin, you will need a wallet to store the coins. One of the best ways to store Dogecoin is by downloading the Dogecoin core wallet. Apart from that, you can also visit the official website to download online wallets.
You must choose a CPU mining tool to start Dogecoin mining. You can also use graphic cards to boost the mining speed. Besides, you can also CG miner and Cudaminer to mine Dogecoins with the help of GPU mining.
In addition, you have to finish a signup procedure to join a mining pool. Joining a pool helps to increase the speed of mining and gives more returns than solo mining. After mining coins, you can start trading on exchanges.
2. Bitcoin Gold (BTG)
Bitcoin Gold came into existence in the year 2017. It is a fork of the Bitcoin blockchain. However, the project was not so popular for two years. But still, it has good market capitalization and higher daily volumes. So, many buyers choose Bitcoin Gold mining from their home computers.
BTG uses Equihash-BTG called Equihash (144,5) or Zhash and its price movements correlate closely with the original Bitcoin. After mining BTG, you can trade it on various exchanges.
3. Ethereum Classic
Ethereum Classic was introduced to continue the use of the original Ethereum blockchain. Now, Ethereum Blockchain does not work on proof of stake mechanisms per the survey of October 2022.
You will need ASIC mining machines to mine ETC. Apart from that; you can also use desktop machines to mine Ethereum Classic coins. You can also use the Cryptocurrency mining Hardware that can mine Ethereum to mine ETC.
The next coin on the list is Monero. It is a kind of anonymous digital currency with a market capitalization of 2.6 billion and a daily volume between 50 million and 150 million. You will need a specific ASIC Crypto mining Hardware to mine Monero coin.
To start mining Monero coins, you have to first download a wallet to store the coins. You need to first visit the official Monero GUI client and download mining software such as MultiMiner. This software is very simple to use. You can mine the coin and start trading on the exchanges.
5. Ravencoin (RVN)
Ravencoin or RVN is a kind of blockchain network that helps to move assets from one holder to another like tokens. Roven coin is a copy of the Bitcoin code with certain improvements in Bitcoin to gain some rewards. It is an open source blockchain network.
Ravencoin works on KAWPOW algorithm. This algorithm is designed to be ASIC-resistant and can be mined with the help of GPU Mining hardware. After mining, you can trade the coins on the exchanges.
6. Horizon or ZEN
With a market capitalization of 167 million, Horizon works on a proof of work system. It came into existence in the year 2017. You will need a GPU Cryptocurrency mining to mine ZEN.
Mining Horizon is done to maintain data integrity and privacy within a secure interoperable blockchain ecosystem. Horizon follows the overall price trend of Bitcoin and Ethereum. The highest price of ZEN was $148 in December 2021. You can mine this cryptocurrency in the same way as to mine other kinds of coins.
7. ZCash or ZEC
ZCash or ZEC came into existence in the year 2016. It is one of the best privacy-centric digital currencies that work on the Equilash algorithm. You can use a GPU bitcoin Mining tool to mine ZCash coins.
Firstly, you have to download the software to begin mining the ZCash coin. Now, you have to download the ZCash blockchain and install a wallet. It is a lengthy process as you have to download it on your node and sync.
You will also need to download drivers on your graphic cards to mine ZCash or ZEC coin. After mining the coins, you can start trading on the exchanges to grow your profits and get rewards.
You can mine all the above kinds of cryptocurrencies from your home computers. You can buy some of the best miners from online stores such as Antminer S19 miner to begin mining different coins. Now, it is also possible to mine these coins from your home computers or desktops.
You will have to download wallets to store coins and buy good hardware to mine different coins. These are some of the most profitable coins to start mining.
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