Cryptocurrency Q&A
Which altcoins allow CPU mining?
Which altcoins allow CPU mining?
Riccardo
Thu Aug 29 2024
|
6 answers
1405
Could you elaborate on the altcoins that support CPU mining? Are there any specific examples or categories of altcoins that tend to favor CPU mining over GPU or ASIC mining? Also, is there a reason why CPU mining might be preferred for certain altcoins, and what are the potential drawbacks of using CPUs for mining purposes? Additionally, how does the profitability of CPU mining compare to other mining methods, and what factors should miners consider when deciding whether to engage in CPU mining?
6 answers
Tommaso
Sat Aug 31 2024
Furthermore, Monero boasts the highest CPU hashrate among popular coins, indicating its efficiency and effectiveness in CPU mining.
Was this helpful?
346
72
TaegeukChampion
Sat Aug 31 2024
Cryptocurrency mining has evolved significantly over the years, with various methods and resources being utilized. Currently, only a select few altcoins permit CPU mining, a process that utilizes the processing power of a computer's central processing unit.
Was this helpful?
178
77
GangnamGlitter
Sat Aug 31 2024
In the current market, Monero is considered the best CPU coin available, offering miners the opportunity to earn rewards while utilizing their computer's processing power.
Was this helpful?
181
95
BlockchainBaron
Sat Aug 31 2024
Among the CPU mineable coins, Monero stands out as a prominent choice. It is widely recognized as the first cryptocurrency that comes to mind when discussing CPU mining.
Was this helpful?
297
83
Sofia
Sat Aug 31 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of miners and traders alike. Among its offerings are spot and futures trading, as well as a secure wallet solution for storing digital assets.
Was this helpful?
242
92
Load 5 more related questions
