best mining software to solo mine cryptocurrency

#Best mining software to solo mine cryptocurrency Pc

You can mine solo or join a mining pool, to increase the frequency of rewards that you receive.įor some individuals who prefer to do less tinkering, services such as NiceHash could be a fitting solution. Smart contract programming on ethereum's blockchain is done using 'Solidity', a 'turing complete' programming language that permits the construction of highly complicated conditionals, opening the door to the creation of highly sophisticated, self-governed smart contracts.Įthminer is the most popular GPU mining software among the most experienced players in the cryptocurrency mining arena. Ethereum is highly appreciated for being a decentralized computing platform that features the 'smart contract' functionality. Would you like to learn more about blockchain or cryptocurrency? CLICK HERE Ethereum (ETH)Įven though ethereum is currently the cryptocurrency with the second biggest market capital, it is surprisingly still able to be mined via CPUs or GPUs. To start looking for a way to utilize your hardware to mine Monero, you can look in the MoneroMining reddit community or try and use a popular mining software such as XMRig. If you have a rather modern CPU, with AMD's latest Ryzen models being the best performing, you might be able to turn a profit mining monero. In November 2019 the Monero network underwent a protocol upgrade, switching its hashing algorithm to a brand new one called RandomX, which is designed to be ASIC-resistant, meaning the network is focused on being secured by home PCs, and more specifically, CPUs rather than GPUs. Being a CryptoNote-based protocol, monero is also ASIC resistant so you can mine it with your PC, or just a single GPU. Monero is highly recognized now as one of the cryptocurrencies whose transactions are fully anonymous, so it is almost impossible to track both senders and receivers of the coin's transactions. There are three main versions of xmrig's software: one for central processing unit (CPU) mining, another for GPU mining using AMD graphic cards, and the final version is for GPU mining using Nvidia graphics cards. Xmrig is the best software for mining Bytecoin, as recommended by the coin's official blog. However, Bytecoin mining was mostly taken over by ASICs, though it is still possible to try and mine it just to try and get some experience in the field. Bytecoin is an altcoin that is based on the CryptoNote protocol, which promotes anonymous peer-to-peer cryptocurrency transactions. You can just test the waters by mining crypto this way, to just get acquainted with the overall process of mining.)īytecoin attracted serious attention when its price recorded an astonishing 5,600% surge in 2017, scoring an all-time high of 100 satoshis in the beginning of 2018.

#Best mining software to solo mine cryptocurrency Pc

(Note: Don't expect to make a fortune mining any altcoin with your PC or GPU in 2020, as you will mostly not be able to make more than a few cents per day. If you’re looking for the best cryptocurrency to mine without investing in a mining rig, read on. Throughout this article, we'll review some of the most valuable coins that are still PC mineable, including some older coins that mostly belong to the CryptoNote family, and newer coins that have been launched during the past couple of years.

However, as of today, there exist a number of altcoins that one can mine with a PC or with a single graphics card (GPU). Would you like to learn more about blockchain or cryptocurrency? CLICK HERE This rendered the vast majority of cryptocurrencies impossible to mine using a PC, a single graphics card, or GPU in 2020. Nevertheless, this has totally changed due to multiple factors, including the rise in network difficulty of most cryptocurrencies and the advent of complex ASIC miners. Interestingly enough, a Pentium 4 PC was capable of mining more than 100 BTC back in 2010. Less than eight years ago, most cryptocurrencies, including Bitcoin, were mineable via PCs and inexpensive graphics processing units (GPUs).