Which coin is best for solo mining?

Which coin is best for solo mining?

List of the Best Cryptocurrencies to Mine

  • ECOS.
  • Vertcoin.
  • Grin.
  • Monero.
  • ZCash.
  • Ravencoin.
  • Haven Protocol.
  • Ethereum Classic.

What is the easiest coin to solo mine?

Dogecoin (DOGE) Dogecoin is not only very easy to mine, but it also can be quite profitable. It uses the Scrypt mining algorithm. Once again, it’s not really worth it if you mine DOGE solo, but mining pools and cloud mining are both good options when it comes to Dogecoin.

Is mining bad for PC?

GPU mining itself isn’t a danger to your PC—it’s the mileage. Since most GPUs rely on attached or auxiliary fans, these parts can degrade faster during periods of sustained use. To prevent damage to your card, you’ll need to clean them often.

Does CGMiner support solo mining with Bitcoin Core?

I have researched a lot about solo mining with cgminer and Bitcoin Core and have found people saying that only Bitcoin Core 0.19 supports solo mining with cgminer because of some technical details. Can’t find the thread anymore where I have read this.

Which altcoin to mine with CGMiner?

But note that cgminer does not support BECH (bc1…) addresses for solo mining, so stick to legacy addresses p2pkh (1…) here. In general, I would suggest to first mine some low diff bitcoin-forked altcoin (for example Bitflate or Widecoin) for testing purposes. So that you can verify your setup and make sure that you actually find blocks.

How do I set up CGMiner?

For minimal configuration enter in .bat file: CGMiner -a [mining algorithm] -o [pool server] -u [username or wallet address] The easiest way to get a wallet is to register on a cryptocurrency exchange like Huobi or Binance.

What is solo mining and how does it work?

What does SOLO mining mean? SOLO mining is an individual mining of cryptocurrencies on your own equipment, without the assistance of other miners, in which a reward for finding a block is accrued entirely to one participant. Does your pool support NiceHash and MiningRigRentals?