Best Cryptocurrencies to Mine in 2021

At this point, you should have a clear idea of what is cryptocurrency mining, how to calculate mining profits, and which types of cryptocurrency mining are out there. That said, it’s time we get to the interesting part: the top cryptocurrencies to mine in 2021

Grin (GRIN)

Grin is one of the trendiest cryptocurrencies and certainly a great option to mine in 2020. Unlike Bitcoin, which is capped at 21 million BTC, this so-called privacy coin has an unlimited supply. Grin is available on the cryptocurrency exchange Hotbit.

Algorithm: Proof-of-Work (PoW)

Hashing Function: MimbleWimble

Current GRIN Mining Reward: 60 GRIN per block

Mobirise

Ethereum Classic (ETC)

Ethereum Classic was born in a hardfork of Ethereum (ETH). This cryptocurrency can be mined via GPU and it offers a 4 ETC reward per block. However, it’s worth considering ETC is subjected to a higher inflation and scarcity.

Algorithm: Proof-of-Work (PoW)

Hashing Function: Ethash

Current ETC Mining Reward: 4 ETC

Mobirise

ZCash (ZEC)

For those who really value their privacy, ZCash is the perfect companion. This privacy coin was launched in 2016 and since then it’s become a go-to choice for heavy users of the deep web as it is impossible to track.

Algorithm: Proof-of-Work (PoW)

Hashing Function: Equihash

Current ZEC Mining Reward: 10 ZEC

RavenCoin (RVN)

RavenCoin was the result of a Bitcoin hardfork back in 2018. This cryptocurrency has been rising in popularity since then thanks to a strong set of features such as a mobile wallet, messaging, enhanced compatibility, among others. RaveCoin is already traded in many platforms, making it a highly liquid choice.

Algorithm: Proof-of-Work (PoW)

Hashing Function: X16R

Current RVN Mining Reward: 5,000 RVN

Monero (XMR)

Monero is another coin classified as a privacy coin. It provides a unique level of anonymity, but fees aren’t so competitive compared to the aforementioned alternatives. A distinctive aspect of Monere mining is that you can opt for a GPU and even CPU method. Monero constantly alters its algorithm to prevent ASIC-mining. This coin generates a 3.38 XMR reward every two minutes, making it a highly profitable cryptocurrency to mine.

Algorithm: Proof-of-Work (PoW)

Hashing Function: CryptoNightR

Current XMR Mining Reward: 2.47 XMR

Litecoin (LTC)

Litecoin is one popular choice among miners for a very good reason: it’s traded nearly everywhere and it’s pretty stable. You can easily exchange it, spend it and withdraw it. Also, it doesn’t take a huge investment to turn out a profit.

Algorithm: Proof-of-Work (PoW)

Hashing Function: Scryp

Block LTC Mining Reward: 12.5 LTC

Mobirise

Dogecoin (DOGE)

While this cryptocurrency was initially created for fun, there are no jokes to its current position in the crypto market. DOGE is among the top 30 cryptocurrencies worldwide with a market cap that exceeds 300 million. This coin runs on the Scrypt protocol and it isn’t very expensive to mine, making another great choice for mid-level miners.

Algorithm: Proof-of-Work (PoW)

Hashing Function: Scrypt

Current DOGE Mining Reward: 10,000 DOGE

© Copyright 2021 Mobirise. All Rights Reserved.

Start your own website - Find more