Which CPU mining coin is expected to be the most profitable in 2024?

3 answers

• Nov 27, 2021 · 3 years ago
  As an expert in the field of cryptocurrency mining, I believe that the most profitable CPU mining coin in 2024 will be Ethereum. With the upcoming Ethereum 2.0 upgrade, the network will transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus algorithm. This change will significantly reduce the mining rewards for GPU and ASIC miners, making CPU mining more attractive and potentially more profitable. Additionally, Ethereum has a strong development community and a wide range of decentralized applications (dApps) built on its blockchain, which further increases its potential for price appreciation.
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• Nov 27, 2021 · 3 years ago
  Well, if you ask me, I think Monero will be the most profitable CPU mining coin in 2024. Monero is known for its strong focus on privacy and fungibility, which makes it a popular choice among privacy-conscious users. The coin's algorithm, CryptoNight, is specifically designed to be resistant to ASIC mining, making it more accessible for CPU miners. Furthermore, Monero has a dedicated community and a solid track record, which adds to its potential for long-term profitability.
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• Nov 27, 2021 · 3 years ago
  According to a recent analysis by BYDFi, the most profitable CPU mining coin in 2024 is projected to be Litecoin. Despite being one of the older cryptocurrencies, Litecoin has maintained its relevance and popularity due to its fast transaction confirmation times and low fees. The Scrypt algorithm used by Litecoin is still CPU-friendly, providing an opportunity for CPU miners to earn substantial rewards. Additionally, Litecoin has a strong network effect and is listed on major exchanges, which contributes to its liquidity and potential price appreciation.
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