common-close-0
BYDFi
Trade wherever you are!

What is the most profitable coin to mine in 2018?

avataroaaidDec 16, 2021 · 3 years ago3 answers

In 2018, which cryptocurrency is the most profitable to mine?

What is the most profitable coin to mine in 2018?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The most profitable coin to mine in 2018 depends on various factors such as the mining hardware you have, electricity costs, and the current market conditions. However, some popular choices for profitable mining in 2018 include Bitcoin, Ethereum, Monero, and Zcash. These coins have a high market value and can provide a good return on investment if mined efficiently. It's important to do thorough research and consider all the factors before deciding which coin to mine.
  • avatarDec 16, 2021 · 3 years ago
    Well, if you're looking to make some serious profits from mining, you might want to consider Bitcoin. It's the king of cryptocurrencies and has the highest market value. However, keep in mind that mining Bitcoin requires powerful hardware and consumes a lot of electricity. So, make sure to calculate your costs and potential profits before diving into Bitcoin mining. Additionally, Ethereum and Monero are also popular choices for profitable mining due to their growing market value and relatively lower mining requirements.
  • avatarDec 16, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the most profitable coin to mine in 2018 is Ethereum. Ethereum has been gaining popularity and has a strong market value. Its mining process is also relatively easier compared to Bitcoin. However, it's always recommended to stay updated with the latest market trends and do your own research before making any mining decisions. Remember, profitability can vary based on market conditions and individual mining setups.