FAQs
Best Cryptocurrencies to Mine in 2024
- Buy Bitcoin at WazirX.
- Buy Dogecoin at WazirX.
- Buy Litecoin at WazirX.
- Buy Ethereum Classic at WazirX.
- Buy Zcash at WazirX.
- Buy Filecoin at WazirX.
- Buy Ravencoin at WazirX.
- Buy Monero at WazirX.
Is GPU mining still profitable? ›
With the block reward still at 6.25 BTC, miners now earn about $437,500 per block, up from $250,000. Therefore, for you to mine Bitcoin with GPUs profitably, the value of Bitcoin should be more than the total cost incurred in the mining process while considering the initial cost of the mining rigs.
Which crypto is most profitable to mine? ›
Historically, Bitcoin (BTC) has been one of the most lucrative cryptocurrencies to mine due to its high market value. However, other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and Monero (XMR) have also been profitable for miners, depending on market conditions and mining hardware efficiency.
Is ASIC mining profitable in 2024? ›
The State of Crypto Mining in 2024
Today, mining requires specialized hardware like ASICs and GPUs, as well as a significant amount of energy and cooling. The profitability of crypto mining in 2024 largely depends on the state of the cryptocurrency market.
Which coin is best for ASIC miner? ›
Some of the most popular cryptocurrencies that can be mined with ASIC miners include:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Dash (DASH)
- Zcash (ZEC)
- Monero (XMR)
- Ethereum Classic (ETC)
- Vertcoin (VTC)
Which crypto can give 1000x in 2024? ›
Here's a quick overview of what coins have the potential to be the next 1000x cryptocurrencies.
- Dogeverse (DOGEVERSE) – Most likely crypto with 1000x with over 600,000% staking APY.
- WienerAI (WAI) – Potential 1000x coin merging meme coins with AI.
- Slothana (SLOTH) – New Solana-based meme coin with an explosive launch.
Which coin will reach $1 in 2024? ›
Synopsis. Exploring the potential cryptocurrencies like Pikamoon, Dogecoin, Book of Meme, Rosewifhat, and Zilliqa as contenders to hit the $1 milestone. Key factors like utility, viral potential, and clear roadmaps suggest their potential amidst market sentiment and unique tokenomics.
What crypto will explode in 2024? ›
The index includes top tokens like $SOL, $ETH, and $WBTC- all of which are expected to see considerable gains in 2024 - making this a fantastic DeFi platform primed to explode throughout the year.
Is GPU mining dead now? ›
While GPU mining remains relevant for individuals, high-volume block production requires the new ASIC set-up to stay competitive in the modern landscape.
What to mine with GPU in 2024? ›
- Bitcoin (BTC) Bitcoin is the largest crypto by market capitalization and the most popular cryptocurrency to mine, with a reward of 6.25 BTC per block - although this is due to halve soon. ...
- Litecoin (LTC) ...
- Zcash (ZEC) ...
- Dogecoin (DOGE) ...
- Dash (DASH) ...
- Ravencoin (RVN) ...
- Vertcoin (VTC) ...
- Ethereum Classic (ETC)
The once dominant Ethereum mining via GPUs has ceased, prompting miners to search for alternate cryptocurrencies. The current market reveals a diversification of mining activities, but the dominance of GPU mining remains uncertain amidst the rise of ASIC miners, which are more efficient for certain coins.
Which coin can I mine for free? ›
The Eagle Network mobile application enables users to mine Eagle cryptocurrency for free with just a click. By checking into the app every 24 hours and activating the cloud mining process, users can earn the native $EGON currency on the Android and iOS applications.
What is the best coin to mine with a GPU? ›
Most Profitable Crypto to Mine with GPU (Best Coins to Mine)
- Bitcoin.
- Ethereum.
- Monero.
- Ravencoin.
- Bitcoin Gold.
- Feathercoin.
- Dogecoin.
- Litecoin.
Which crypto to buy today for long term? ›
Top 10 Cryptos in 2024
Coin | Market Capitalization | Current Price |
---|
Bitcoin (BTC) | $1.30 Trillion | $66.221 |
Ethereum (ETH) | $390 Billion | $3,254 |
Binance Coin (BNB) | $86.3 Billion | $577 |
Solana (SOL) | $69 Billion | $154.53 |
6 more rowsApr 15, 2024
Is it worth Bitcoin mining in 2024? ›
In 2024, the block reward will be reduced to 3.125 bitcoin, which is worth around $200,122 as of April 19 at the time of publication. However, since bitcoin mining typically requires expensive hardware and a vast amount of energy, it can be an expensive endeavor.
How much does Antminer S19 make per day? ›
How much does Antminer S19 make per day? Antminer S19 Pro can reach 110 TH/s hashrate and 3250 W power consumption for mining BTC (SHA-256) earning around 28.62 USD per day.
How much can an ASIC miner make in a month? ›
For example, let's look at the Whatsminer M30S+, a machine which is closest to the Antminer S19 in terms of the ASIC performance. With a hashrate of 100 TH/s at a power consumption of 3400W, the Whatsminer M30S+ can mine about $430/month in profit at our low electricity price*.