What are the alternatives to Ethereum for profitable GPU mining?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure, there are several alternatives to Ethereum for profitable GPU mining. One popular option is Ravencoin. Ravencoin is a peer-to-peer blockchain platform that focuses on asset transfers and decentralized applications. It uses a unique mining algorithm called KAWPOW, which is ASIC-resistant and favors GPU mining. The advantage of mining Ravencoin is that it has a strong community and active development. However, the disadvantage is that its market liquidity is not as high as Ethereum, which may affect the ease of selling mined coins.
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• Dec 18, 2021 · 3 years ago
  Absolutely! Another alternative for profitable GPU mining is Zcash. Zcash is a privacy-focused cryptocurrency that allows users to send and receive transactions without revealing the sender, recipient, or transaction amount. It uses the Equihash mining algorithm, which is GPU-friendly. The advantage of mining Zcash is its strong emphasis on privacy, which attracts a niche market. However, Zcash has faced criticism for its high inflation rate and the potential for centralization due to the presence of ASIC miners.
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• Dec 18, 2021 · 3 years ago
  Well, if you're looking for an alternative to Ethereum for profitable GPU mining, you should definitely consider BYDFi. BYDFi is a decentralized finance platform that offers various financial services, including mining. It has its own native token, which can be mined using GPUs. The advantage of mining BYDFi is that it's a relatively new project with great potential for growth. However, as with any new project, there are risks involved, so it's important to do your own research before getting involved.
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