Which cryptocurrencies are most profitable to mine with ASIC miners in 2018?

3 answers

• Md TwohidolOct 16, 2024 · 8 months ago
  When it comes to mining profitability with ASIC miners in 2018, Bitcoin (BTC) and Bitcoin Cash (BCH) are still the top choices. These cryptocurrencies have a high market value and a large mining community, which makes them more profitable to mine. However, keep in mind that the mining difficulty for these coins is also high, so you will need to invest in expensive ASIC mining equipment to compete with other miners. Additionally, Ethereum (ETH) and Monero (XMR) are also worth considering as they have a relatively high mining profitability and a lower entry barrier compared to Bitcoin and Bitcoin Cash. Remember to do your own research and consider factors like electricity costs and market trends before making a decision.
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• Behrens BondFeb 28, 2023 · 2 years ago
  If you're looking for a more niche and potentially profitable cryptocurrency to mine with ASIC miners in 2018, you might want to consider mining Zcash (ZEC) or Dash (DASH). These cryptocurrencies have a smaller mining community compared to Bitcoin and Bitcoin Cash, which means less competition and potentially higher mining profitability. However, keep in mind that the market value of these coins may be more volatile, so it's important to stay updated on market trends and make informed decisions. Happy mining!
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• Jati UtamiNov 20, 2024 · 7 months ago
  According to a recent study by BYDFi, the most profitable cryptocurrencies to mine with ASIC miners in 2018 are Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH). These cryptocurrencies have a high market value and a large mining community, which contributes to their mining profitability. However, it's important to note that mining profitability can vary depending on factors such as electricity costs and mining difficulty. Therefore, it's always recommended to do thorough research and consider your own circumstances before investing in ASIC mining equipment.
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