Which coin is the most profitable crypto mining in 2020?

Cryptocurrency miners act by considering the cryptocurrencies where they can make the most profit when creating their facilities. Which coins stand out for the most profitable crypto mining in 2020.

Most profitable crypto mining

Bitcoin continues to be a favorite of cryptocurrency miners. The crypto currency with the highest profitability in terms of mining is undoubtedly Bitcoin. Mining hardware manufacturers such as Bitmain and Caanan are launching new generation ASIC products. Thanks to these products, miners can dig blocks more easily by consuming less energy.

Please See: Bitmain introduced the most powerful mining rig: Antminer S19

Ethereum is the second popular cryptocurrency to be mined. Ethereum mining can be performed with both ASIC products and GPU rigs. However, with the falling prices, GPU mining for ETH is about to disappear from the market.

Ethereum Class (ETC): One of the mined ETH/ASH cryptocurrencies is Ethereum Classic. GPU mining of ETC. After Ethereum 2.0, there was a partial increase in Ethereum Classic mining.

Grin: Grin CR29 and CT31 algorithms can offer a certain profitability rate for miners. Grin came out as a reaction to ASICs. Grin miners argue that ASICs can lead to decentralization of cryptocurrency mining.

Monero: Monero and a group of cryptocurrencies use Haven Protocols. Mining is done with the PoW algorithm.

Please See: Reasons for the decrease of up to 17 percent in Bitcoin prices

BitTube: Blockchain technology It plans to develop a platform similar to Youtube with There are also miners who want to mine BitTube tokens.

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