It’s Wednesday, and I am writing this post on the best cryptocurrency to mine with GPU upon my friend’s request.
I know some of you have reached here by browsing randomly over the internet, but I will make sure that you certainly take back something from it.
I have been into cryptocurrency space from the last three years or so and have traded on a dozen of cryptocurrency exchanges.
I must say, it has been a rewarding journey.
Rewarding not only in monetary terms but otherwise also and I owe that to this space which has taught me so many new things.
If you are into crypto space, which I believe you are, then you might have heard people making money through GPU mining cryptocurrencies.
But these people knowingly or unknowingly not only earn money but also help in the cause of ‘decentralized money’ by running full mining nodes for various cryptocurrencies.
And today, I am here to share exactly which cryptocurrencies/coins you too can mine via GPUs (or What to Mine) to earn rewards as well as contribute to its decentralization.
So let’s get down to business:
Best Cryptocurrency To Mine in 2020
Here is the list of some of the best cryptocurrencies and coins which you can mine in 2020 and beyond using your GPU or CPU.
Let’s get started:
#1. Ethereum (ETH)
If you are making a list of best GPU mineable cryptocurrencies and not include Ethereum, it would be criminal.
Ethereum, also known as Ether is the open-source and decentralized cryptocurrency of the Ethereum network which acts as a fuel for the DApps it hosts.
Ether is a mineable cryptocurrency and is based on Ethash proof of work algorithm and being the case; it is possible to mine Ether using a GPU rig of 4-6 GPUs.
Lastly, if you assemble an excellent GPU rig and optimize it, you can expect to earn handsomely because its block reward is around 3 ETH per block.
Recommended GPUs For ETH Mining:
#2. Ethereum Classic (ETC)
Ethereum Classic, the so-called fork of Ethereum is also a GPU mineable coin.
But in reality, Ethereum is the fork of Ethereum Classic (original Ethereum), but I will save the background story for some other day.
Ethereum Classic, just like Ethereum is based on Ethash proof of work algorithm but the good news is, it has a slightly higher block reward than Ethereum (4 ETC per block).
I know some of you might say that because of ETC has higher inflation but it has higher scarcity also because its supply is fixed, unlike Ethereum.
In any case, Ethereum Classic is one of the most profitable cryptocurrency to mine in 2019 with a couple of GPU rigs in place.
Recommended GPUs For ETC Mining:
#3. BitTube (TUBE)
TUBE is one of my favorite cryptocurrencies because of its usecase, and it is also ideal for serious crypto miners.
Value miners (miners who mine cryptocurrencies based on its usecase and probable life), should look at TUBE.
BitTube is a peer-to-peer, decentralized, censorship-free video sharing and live streaming platform based on IPFS and blockchain technology.
Unlike Youtube, BitTube is ad-free. Creators and viewers earn TUBE, a Cryptonote private cryptocurrency, based on the Airtime model (watch time), premium subscriptions, video-on-demand, tips and donations, and much more.
TUBE is based on the CryptoNightSaber algorithm and fetches you 293.75 TUBEs every block reward.
Recommended GPUs For TUBE Mining:
#4. Bitcoin Gold (BTG)
Anyone who has been here for some time knows about Bitcoin Gold.
Bitcoin Gold is another fork of Bitcoin that came to life in 2017. And it was made to make Bitcoin mining more democratic by creating a version of Bitcoin that is mineable with GPUs.
Since BTG is a fork of Bitcoin, only its block timing and block reward are the same, i.e., 10 minutes and 12.5 BTG respectively.
But its proof of work algorithm (Zhash) is ASIC resistant and hence favors GPU miners.
Recommended GPUs For BTG Mining:
#5. Monero (XMR)
Monero is one of my favorite cryptocurrencies because it pioneered the era of private money in the cryptosphere.
Monero is also open-source private money for people who want extreme transactional privacy at all times. This gives Monero a serious usecase and probable long life. Also recently many new wallets to store Monero safely are launched.
That’s why XMR is another cryptocurrency that value-miners can mine using GPUs.
Monero is based on the CryptoNightV8 proof of work algorithm and generates 3.38 XMRs as block reward every 2 minutes.
Recommended GPUs For XMR Mining:
#6. Ubiq (UBQ)
Ubiq is another decentralized platform for hosting smart contracts and DApps.
It is, of course, the fork of Ethereum itself but tags itself as a stable and bug-free version of Ethereum. It is so because it is complicated for developers to build on a dynamic platform like Ethereum which is continuously evolving.
But they have tweaked their proof of work algorithm from Ethash to Ubqhash which is also mineable using GPUs.
Ubiq has also changed its block time and block reward to 1.25 minutes and 7 UBQ respectively, but its profitability is less than ETH & ETC.
Recommended GPUs For UBQ Mining:
#7. Bitcoin Diamond (BCD)
Bitcoin Diamond is another Bitcoin hard fork that happened early this year to overcome the so-called shortcomings of Bitcoin.
The shortcomings were that Bitcoin is not private, it is slow in transaction confirmations, is limited in number, etc.
That’s why BCD guys increased the total supply of BCD to 21o million which further increased its block reward ten times that of BTC.
BCH has a block reward of 125 BCH which is released every 8 minutes or so to a successful block miner who is mining it using BCD proof of work algorithm.
Recommended GPUs For BCD Mining:
#8. Aion (AION)
The Aion Network is a multi-tier blockchain system designed to address scalability, privacy, and interoperability which the decentralized applications of today face.
AION’s proof of work algorithm (Equihash) is well suitable for GPUs, and that’s why mining AION is quite easy with a few GPUs.
On the other hand, it has the lowest block timing (10 seconds) amongst all the GPU mineable coins listed here, so you can expect to get 1.5 AION as block reward at a much higher frequency if you have optimized your GPU well.
AION is undoubtedly suitable for miners who want to mine a cryptocurrency that will have value in the future, and that’s why we recommend AION in this list.
Recommended GPUs For AION Mining:
#9. Energi (NRG)
Energi is undoubtedly one of the most profitable GPU mineable cryptocurrency right now, but I would not mine it for now.
I wouldn’t mine NRG because I don’t think it is the world’s leading cryptocurrency with the unification of smart contracts, governance & self-funding treasury to ensure longevity and enable rapid growth that it claims to be.
It is certainly for only hobby miners or miners who are mining for sole immediate profits to mine and sell this cryptocurrency because I don’t see any usecase for this coin.
As a result, it is tough that this coin will survive for long but anyways, for now, anyone who decides to mine it can expect 2.28 NRG as a block reward every 1 minute if he/she mines a correct block.
Recommended GPUs For NRG Mining:
#10. Pirl (PIRL)
Pirl is a community based decentralized cryptocurrency that introduces the first Ethash Based Masternode to the blockchain ecosystem.
Pirl aims to hit the usecase of decentralized currency, applications, and governance. Pirl is sometimes mistaken as Ethereum, but it is not, and neither had an ICO before.
For now, who aim to mine Pirl can do so with a bunch of GPUs using their Ethash proof of work algorithm and expect 6 PIRL as block reward every 10 seconds.
Recommended GPUs For PIRL Mining:
#11. Metaverse (ETP)
Metaverse is another decentralized public blockchain from China and aims to facilitate a low-cost transfer of digital assets, properties, and identities.
And as I have said earlier this is not for serious miners as there fairly low chances of this project to take-off in the long run.
This is because there several other platforms trying to achieve the same goal and are in a much better state than Metaverse.
But even if you want mine ETP, you can do so because it uses a GPU mineable proof of work algorithm (Ethash) and you can expect 2.5 ETP block reward every 30 seconds upon successful block mining.
Recommended GPUs For ETP Mining:
#12. Expanse (EXP)
Expanse- is another blockchain as a service platform like Ethereum and it supports smart contracts/DApps focusing on identity, equity, philanthropy, gamification and, governance.
It has its cryptocurrency called EXP based on Ethash proof of work which fuels this blockchain platform and is easily mineable using GPUs.
The project is decent, and thus some serious miners can look at with a future expectation of price appreciation for the coins they mine now.
So for the miners, Expanse has a block time of 45 seconds where it generates 4 EXP every block for a successful block mine.
Recommended GPUs For EXP Mining:
Musicoin is another Ethash based cryptocurrency that you can mine using your GPUs
Musicoin is the blockchain platform of musicians, and it has its native cryptocurrency (MUSIC) which is designed for musicians. Using this digital currency (MUSIC) musicians can be paid directly and instantly, without intermediaries thereby receiving their fair share.
Musicoin miners can expect to earn 246 MUSIC coins every time they mine a successful block which has a block timing of 13 seconds.
Recommended GPUs For MUSIC Mining:
Conclusion: Which Is The Most Profitable Cryptocurrency To Mine 2019?
Of course, Bitcoin is the most profitable one, but not everyone can mine Bitcoin (it’s better to buy it from any of the bitcoin exchanges) that’s why I have listed some of the well researched GPU mineable coins.
But anyway one thing I forgot to mention before:
I have listed these GPU mineable coins in order of their usecase and probable longevity because I believe for a serious miner this should be the focus.
I will tell you why?
It is so because when you are mining a cryptocurrency, the best thing to do is to mine a cryptocurrency that is moderately profitable at that point and has a chance to appreciate in the future.
This way as a miner you will be able to amass a lot of coins when the hashrate is low and benefit later from the price appreciation also.
But usually, this is the mindset of value miners and other profit drive miners who keep jumping from one currency to another almost certainly run out of the fuel to be in the mining business.
So that’s all from my side in this review of best GPU mining coins and if you are someone who is solely focused on profitability should check this GPU mining calculator for your ease.
Now its time that you tell us: Are you mining cryptocurrencies with your GPU? Which coins are you mining? Do share with us in the comments section below 🙂
Hey there! I am Sudhir Khatwani, an IT bank professional turned into a cryptocurrency and blockchain proponent from Pune, India. Cryptocurrencies and blockchain will change human life in inconceivable ways and I am here to empower people to understand this new ecosystem so that they can use it for their benefit. You will find me reading about cryptonomics and eating if I am not doing anything else.
- Best Cryptocurrency To Mine in 2020
- #1. Ethereum (ETH)
- #2. Ethereum Classic (ETC)
- #3. BitTube (TUBE)
- #4. Bitcoin Gold (BTG)
- #5. Monero (XMR)
- #6. Ubiq (UBQ)
- #7. Bitcoin Diamond (BCD)
- #8. Aion (AION)
- #9. Energi (NRG)
- #10. Pirl (PIRL)
- #11. Metaverse (ETP)
- #12. Expanse (EXP)
- #13. Musicoin