13 BEST Cryptocurrency to Mine with GPU
Mining cryptocurrency with GPU is more powerful compared to CPU. Graphics Processing Unit is highly effective in doing a huge amount of calculations. There are many digital currencies that can be easily mined using GPU mining. These cryptos do not require the use of high-end AMD graphic cards that are used in ASIC. Many such cryptocurrencies also enable you to mine with a simple computer without any hurdles.
After researching 53+ Top cryptocurrencies to mine with GPU, I have compiled a well-researched list of the most profitable and trusted options. This comprehensive guide includes exclusive insights into the safest and easiest cryptocurrencies to mine, complete with their features, and website links. This may help you discover the ultimate mining opportunities. Read the full article to uncover these must-see details. Read more…
Uphold offers a user-friendly platform to explore top coins like Ethereum Classic (ETC) and Ravencoin (RVN). These assets are optimized for GPU miners, providing a balance of profitability and lower energy costs. Start mining today and easily manage your rewards on Uphold’s secure, versatile platform.
BEST Crypto to Mine with GPU (Most Profitable Coins)
Name | Algorithm | Hashing Function | ROI since launch | Block Mining Reward | Link |
---|---|---|---|---|---|
Uphold | SHA-256 | Proof-of-Work | 11% | NA | Learn More |
Bitcoin | SHA-256 | Double SHA-256 | 3% | 6.25 BTC | Learn More |
Monero | RandomX | Proof-of-Work | 5887% | 2.15 XMR | Learn More |
Ravencoin | KAWPOW | Proof-of-Work | 1000% | 5,000 RVN | Learn More |
Dogecoin | Scrypt | Proof-of-Work | NA | 10,000 DOGE | Learn More |
1) Bitcoin
Bitcoin is a top choice for mining with GPU, and I have found it to be one of the best cryptocurrencies for this purpose. It uses peer-to-peer (P2P) technology to enable fast payments, which I particularly appreciate when making transactions. This digital currency allows you to make easy mobile payments, and I suggest considering it if you are looking for a superior choice.
Mining Bitcoin enables you to make payments without revealing your identity. It allowed me to share cryptographic signatures to prevent other people from expending money. It is one of the most profitable crypto to mine with Nvidia GeForce RTX GPUs.
Features:
- Algorithm: Bitcoin utilizes the SHA-256 hash algorithm, that ensured me about its robust security and cryptographic reliability during transactions.
- Block Time: I could see that each Bitcoin block is typically processed approximately every 10 minutes, which helps maintain the network’s transaction ledger consistently.
- Block Reward: Miners receive 6.25 BTC for each block mined, a crucial incentive for maintaining the network’s integrity and processing transactions.
How to Mine Bitcoin with a GPU
Here are the Steps to mine Bitcoin using GPU:
- Purchase best GPUs for Mining & Build a Mining Rig with higher computational power and low energy consumption.
- Install relevant mining software to carry out the whole mining process.
- Setup Bitcoin wallet to save all earnings and data of cryptocurrency.
- Set up a mining pool that allows miners to combine their resources and solve the equations together as a team and divide the reward.
- Start Bitcoin Mining.
Link: https://bitcoin.org/en/
2) Monero
Monero is among the best crypto to mine with GPU. During my analysis, I discovered that it allows private and censorship-resistant transactions. It is great for making fast and inexpensive payments worldwide. The way Monero hides the sender, receiver, and transaction amount is impressive. I recommend Monero as one of the easiest and most profitable coins to mine.
Monero offers a ring signature feature, which complicates the sources of funds. Therefore, it cannot be traced by the people involved in this altcoin transfer. This feature ensures that every Monero transaction between parties is shared with other contracts. It is one of the most profitable crypto to mine.
Features:
- Algorithm: According to my observation, Monero utilizes the RandomX algorithm, a proof-of-work system emphasizing CPU efficiency. It significantly reduces the advantage of specialized mining hardware.
- Block Time: In Monero’s network, blocks are processed every 2.5 minutes, ensuring faster transactions and dynamic scalability compared to longer block times.
- Block Reward: I could receive 2.15 XMR for each block mined on the Monero network, giving me a strong incentive to remain active and help maintain the network’s security.
How to Mine Monero with a GPU
Here are the Steps to mine Monero using GPU:
- The first step to begin the Monero mining process is to select an appropriate wallet to receive the XMR tokens.
- Installing graphics cards for AMD and Nvidia GPUs.
- Install and signup with mining software: Visit www.cudominer.com.
- Finally, click on enable to start the miner.
Link: https://www.getmonero.org/get-started/mining/
3) Ravencoin
Ravencoin is a great option for those looking to mine with GPU. While reviewing, I noticed it uses a digital P2P network and a practical-case blockchain. This structure helps you handle digital asset transfers efficiently between parties. I can say it is one of the best altcoins to mine with GPU.
Ravencoin cryptocurrency is designed to make instant payments to anyone around the world. It allows you to mine seamlessly with consumer-grade GPU hardware.
Features:
- Algorithm: As I have noticed, Ravencoin utilizes KAWPOW, an innovative mining algorithm that aims to ensure an equitable and decentralized mining process, avoiding monopolization by large-scale miners.
- Block Time: Ravencoin’s blockchain boasts a rapid block time of just 60 seconds. It facilitated me with faster transaction confirmations compared to many other cryptocurrencies.
- Block Reward: Miners receive 5,000 RVN per block, incentivizing network participation and security through this substantial reward system.
How to Mine Ravencoin with a GPU
Here are the Steps to mine Ravencoin using GPU:
- Setup Ravencoin wallet to receive Ravencoin mining rewards.
- Download and install mining software on your device.
- Choose a Ravencoin mining pool.
- Configure the Ravencoin mining software.
- Start mining Ravencoin (RVN).
Link: https://ravencoin.org/pools/
4) Dogecoin
Dogecoin is an open-source peer-to-peer digital currency. According to my research, it is one of the best coins to mine with GPU. I could access easy payments and purchases using it. This cryptocurrency simplifies mining by solving mathematical equations and recording transactions. It is an awesome tool for anyone in the crypto space.
You can mine Dogecoin easily with a PC with Linux or Windows OS and GPU. This cryptocurrency can be used with Graphics Processing Units like Nvidia GeForce RTX and ASUS RX Vega 64.
Features:
- Algorithm: I found Dogecoin to be great because it utilizes the Scrypt algorithm, which is a less resource-intensive proof-of-work scheme. This makes mining more accessible to a wider range of enthusiasts.
- Block Time: With a rapid block time of just 1 minute, Dogecoin ensured me quicker transaction confirmation, enhancing its efficiency in everyday transactions.
- Block Reward: Each mined block of Dogecoin rewards 10,000 DOGE, a feature designed to maintain a steady flow of coins and incentivize the mining community.
How to Mine Dogecoin with GPU
Here are the Steps to mine Dogecoin with GPU:
- Purchase mining hardware & GPU like ASUS RX VEGA 64 or Nvidia GeForce GTX.
- Download and install the respective software like CGMiner or CudoMiner.
- Connect your devices to the mining pool.
- Set up a Dogecoin wallet to receive your mined coins.
- Start mining Dogecoin (DOGE).
Link: https://dogecoin.com/
5) Litecoin
Litecoin is one of the oldest digital currencies, offering easy mining that I could access with low hardware needs. According to my research, it is one of the best cryptocurrencies by market capitalization. I particularly liked using it for payments due to its low fees, fast confirmations, and ease of use. Litecoin also allows you to trade globally with minimal effort, which is one of the best features I noticed.
Litecoin quickly confirms your transactions. This digital currency utilizes Blockchain technology that helps you to transfer funds between businesses or individuals.
Features:
- Algorithm: Litecoin utilizes the Scrypt algorithm, offering a memory-intensive mining process that’s more accessible to individual miners like me, compared to Bitcoin’s SHA-256.
- Block Time: I appreciate how Litecoin’s faster block time of approximately 2 minutes and 19 seconds enhances transaction processing speed, which helps me experience quicker confirmation times.
- Block Reward: For each block mined, Litecoin miners receive a reward of 6.25 LTC, incentivizing network participation and security until the next halving event.
How to Mine Litecoin with GPU
Here are the Steps to mine Litecoin with GPU:
- Create a Litecoin wallet.
- Choose your hardware, you need to get ASIC machines.
- Download and install the respective Litecoin mining software.
- Join a suitable mining pool.
- Start mining Litecoin (LTC).
Link: https://litecoin.org/
6) GRiN
As I evaluated GRiN, I found that it is a simple and privacy-focused cryptocurrency. It is perfect for digital cash, as GRiN’s transactions are available to everyone without any restrictions. Over the course of my evaluation, I found it to be one of the easiest cryptocurrencies to mine.
It keeps all your mining activity private among other peers. This crypto can also hide transaction sums and addresses. It is one of the most profitable crypto to mine.
Features:
- Algorithm: GRiN uses a memory-bound proof-of-work algorithm called Cuckoo Cycle. This algorithm is designed to be resistant to specialized mining hardware (ASICs), making mining more accessible to me using standard computers.
- Block Time: GRiN’s block time is set at a rapid 1-minute interval, ensuring swift transaction confirmations and enhanced network responsiveness, making it ideal for fast-paced digital transactions.
- Block Reward: I found that with a generous block reward of 60 grins, GRiN motivates miners effectively. It allowed miners like me to maintain robust network security and consistent transaction processing, which is essential for a reliable and efficient blockchain ecosystem.
How to Mine Mine Grin (GRIN) with GPU
Here are the Steps to mine Mine Grin (GRIN) with GPU:
- Create Grin (GRIN) Wallet Address.
- Download and install the respective mining software.
- Edit the bat file.
- Join a suitable mining pool.
- Start mining Grin (GRIN).
Link: https://grin.mw/
7) Zcash
Zcash is a digital currency that allows transactions to be verified without revealing the sender, receiver, or amount of the transactions. It is one of the most secure privacy coins ever to enter the cryptocurrency sector.. I checked how to spend, send, and receive it on my mobile phone, digital wallet, or computer. In the course of my review, I found that Zcash offers remarkable, fast, and private payments, ideal for eCommerce.
Features:
- Algorithm: I appreciate that Zcash uses Equihash, a memory-hard algorithm that effectively reduces the efficiency of specialized mining equipment, allowing for more inclusive network participation and decentralization.
- Block Time: With a block time of just 75 seconds, Zcash ensures faster transaction processing and enhanced network throughput, thus providing me a more efficient user experience compared to longer block times.
- Block Reward: Each mined block on the Zcash network rewards miners with 3.125 ZEC, incentivizing consistent network participation and contributing to the stability and security of the blockchain.
How to Mine Zcash with GPU
Here are the Steps to mine Mine Zcash with GPU:
- Install your GPUs and configure your PC.
- Create Zcash wallet address.
- Download and install the respective mining software.
- Edit the bat file.
- Join a Zcash mining pool.
- Start mining Zcash.
Link: https://z.cash/
8) Horizen
Horizen, in my opinion, is one of the best cryptocurrencies to mine. The secure blockchain system is needed by developers and businesses to create private blockchains. ZEN cryptocurrency comes with strong encryption, making sure that trading communications are fully protected. This is a top-notch option for those who prioritize security.
ZEN can be easily mined using PoW (Proof-of-Work) algorithm. It utilizes HTTPS and CDN to ensure secure transfers. This digital currency enables you to perform transactions anonymously with good privacy. It is one of the most profitable crypto to mine.
Features:
- Algorithm: I noticed that Horizen utilizes the Equihash algorithm, renowned for its ASIC-resistant properties, ensuring a more decentralized and fair mining process.
- Block Time: Horizen’s blockchain is great for efficiency, boasting a rapid block time of 2.5 minutes, helping me to boost both transaction speed and network responsiveness
- Block Reward: Miners in the Horizen network are rewarded with 12.5 ZEN for each block they successfully mine, providing a consistent and attractive incentive for network participation.
Link: https://www.horizen.io/
9) Ethereum Classic
I analyzed Ethereum Classic and found it to be a remarkable open-source platform that uses blockchain for smart contracts. I could manage ETC without banks, which I found to be very convenient. The tool allowed me to mine Ethereum Classic using ASICs and GPUs efficiently. Ethereum Classic’s support for the traditional proof-of-work model makes it a top choice for those seeking profitable mining opportunities.
Features:
- Algorithm: Etchash is a proof-of-work algorithm used by Ethereum Classic, designed for enhanced ASIC resistance. It provided me equitable mining opportunities for various hardware types.
- Block Time: Ethereum Classic boasts a rapid block time of approximately 13.5 seconds, facilitating me with quicker transaction confirmations and enhancing network efficiency.
- Block Reward: I could earn 3.2 ETC for each block mined on the Ethereum Classic network, which incentivizes my participation and helps to secure the blockchain.
Link: https://ethereumclassic.org/
10) Vertcoin
Vertcoin is a top of the line digital currency that allows easy cryptocurrency mining. I could access its proof of work mechanism, which issues new coins and secures trades. According to my review, Vertcoin is a great option for those who are new to mining. Pay attention to this tool if you want to mine without complex setups.
The blockchain of Vertcoin is maintained by the people who are mining with modern graphics cards. It can be easily mined at home just by using a computer with decent hardware. It is one of the easiest cryptocurrencies to mine.
Features:
- Algorithm: According to my usage, Verthash is the most effective hashing algorithm designed for Vertcoin, as it allows GPU mining and ensures resistance against ASIC centralization, providing equitable mining access.
- Block Time: I noticed that Vertcoin’s block time is set at 2.5 minutes. It results in striking a balance between quick transaction confirmations and network efficiency, making it faster than Bitcoin.
- Block Reward: Each mined block on the Vertcoin network rewards miners with 12.05 VTC, offering a substantial incentive for contributing to network security and transaction verification.
Link: https://vertcoin.org/
11) Beam
As I went through different cryptocurrencies, Beam stood out as a top-rated option for secure trading. It is a confidential cryptocurrency that allows you to trade assets on the blockchain using any wallet. I particularly liked the auto-swap feature, which makes it easy to exchange assets without involving a third party. Beam is a great way to ensure privacy in your trades.
It can be used with beam wallets to send and receive your crypto and check transaction history. This digital currency can be easily accessed from PC and mobile devices.
Features:
- Algorithm: As per my observation, Beam uses a modified version of Equihash algorithm -BeamHash III. It is an innovative and robust mining algorithm designed for Beam. This algorithm ensures high network security and fairness, offering optimized performance for a range of hardware and making it accessible to a diverse group of miners.
- Block Time: With a block time of just 1 minute, Beam offers rapid transaction processing. This quick block time enhances the user experience by speeding up transaction confirmations, making it highly efficient for both miners and users.
- Block Reward: I found that Beam offering 80 coins per block is one of the best incentives for miners like me. This substantial block reward motivates me to contribute to the network’s security, which is essential for fostering a healthy and competitive mining environment.
Link: https://beam.mw/
12) Komodo
Komodo is an open-source blockchain platform that I tested. It allows you to manage your own token sales, and I particularly liked its use of Zero Knowledge Proof technology. This feature helps you maintain privacy and anonymity during KMD transactions. Komodo is a superior choice for users who prioritize security and privacy.
It allows your money to be moved between private addresses without leaving any public data. Komodo offers the Antara framework that provides you tools for end-to-end blockchain development.
Features:
- Algorithm: Komodo utilizes the Equihash algorithm, known for its exceptional memory-hard properties. It offered me robust resistance to ASIC mining and ensured a more decentralized mining process.
- Block Time: I have found that Komodo’s blockchain aims to provide rapid block times of just one minute, which is great for swift transactions and enhancing the efficiency of the network.
- Block Reward: For each block mined, Komodo awards miners with a reward of 3.00 KMD, incentivizing participation and contributing to the security and robustness of the blockchain.
Link: https://komodoplatform.com/en/
13) Quarkchain
Quarkchain is a blockchain that allows you to mine the Quark cryptocurrency with GPU. I reviewed Quarkchain and discovered it enables you to generate QRK with ease. Quarkchain is a top choice because it offers great scalability, flexibility, and usability.
Features:
- Algorithm: Quarkchain employs a unique ‘Root-chain-first-Proof-of-Work’ algorithm. It enhanced the network security and optimized my validation processes for quicker transactions.
- Block Time: Quarkchain boasts an impressive block time of just 10 seconds, significantly accelerating transaction confirmations compared to many other blockchains that I have worked with.
- Block Reward: Mining each block on Quarkchain allowed me to earn 2.5168 QKC, which is one of the best incentives to keep contributing to the network’s security and efficiency.
Link: https://quarkchain.io/
How do we mine Cryptocurrency with GPU?
Guru99‘s cryptocurrency reviews combine extensive research and industry expertise, providing accurate, reliable, and unbiased information to inform your decisions. Our rigorous analysis helps navigate the evolving crypto landscape. After researching 53+ top cryptocurrencies to mine with GPU, we’ve compiled a comprehensive guide to the most profitable and trusted options. Explore our editorial policy to learn more. Follow these steps to mine cryptocurrency with GPU:
Step 1) Open any good cloud mining website in your browser
Step 2) Calculate your mining profit by selecting contract parameters
Step 3) Buy the cryptocurrency you like
Now, you will be able to purchase and mine the cryptocurrency
Step 4) Add order information like the name of the crypto, hash rate, mining pool, etc.
Step 5) Fill up the Sign-Up form to complete the process
Step 6) Verify your mobile number
Step 7) Now, login to your account to mine cryptocurrency with GPU
How do miners calculate their earnings?
The underlying cost of mining is the energy consumed. Thus for miners, whatever revenue they generate from the mining process has to cover these costs and the original amount invested in the mining hardware.
The earnings also depend on the cryptocurrency being mined. For instance, last year, an ASIC mining machine like Whatsminer M20s generated around $8 in BTC every day. Now, this will be a lot more than the profits produced from mining Ethereum, which is mined using high-end GPUs.
What are the risks involved in cryptocurrency mining?
Here are the risks involved in cryptocurrency mining:
- More Susceptible to Fraud: It is easy for scammers to perform crypto mining scams. This generally involves taking your earned cryptos. So you need to research crypto mining platforms by reading blogs and reviews before using them.
- Earning Less Money: You make less money with crypto mining because the services and equipment are expensive, so you get a very little amount out of it.
- Computing Hardware: Miners should own the latest hardware to compute with an increasing need for successful crypto mining. They require specific hardware that can be costly. The popular hardware needed for Bitcoin mining is ASIC (Application-Specific Integrated Circuit) that can cost over $1500 per PC.
- Power Costs: Power is the primary operating expense. This cost can float from $0.03 to $0.08 per kWh(kilowatt-hour). A shift in the new century can make a difference in crypto mining profitability. Therefore, it is important that miners use power at a lower cost.
Why Trust Guru99?
Guru99’s reviews on cryptocurrency are rooted in extensive research and industry expertise. Our team rigorously analyzes each aspect, ensuring accurate, reliable, and unbiased information to help you make informed decisions in the ever-evolving crypto landscape. Explore our editorial policy.
FAQs
Verdict
I have explored several cryptocurrencies that are ideal for mining with GPUs. Among the vast options available, I believe the right choice depends on factors like profitability, ease of mining, and long-term viability. Check my verdict to help you make an informed decision.
- Bitcoin is a superior choice for miners using Nvidia GeForce RTX GPUs, offering robust security and impressive returns.
- Monero stands out for its powerful privacy features and ease of use, making it a top-notch choice.
- Ravencoin provides a reliable and customizable mining experience, ideal for users seeking a secure and efficient cryptocurrency to mine.
Uphold offers a user-friendly platform to explore top coins like Ethereum Classic (ETC) and Ravencoin (RVN). These assets are optimized for GPU miners, providing a balance of profitability and lower energy costs. Start mining today and easily manage your rewards on Uphold’s secure, versatile platform.