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Which ASIC-resistant cryptocurrencies offer GPU mining?
Firstly, Monero (XMR) is one of the most popular ASIC-resistant cryptocurrencies. It uses the RandomX algorithm, which is designed to be optimal for CPUs but can also be mined with GPUs. Monero’s mining algorithm changes regularly to ensure ASIC resistance. Zcash (ZEC) is another cryptocurRead more
Firstly, Monero (XMR) is one of the most popular ASIC-resistant cryptocurrencies. It uses the RandomX algorithm, which is designed to be optimal for CPUs but can also be mined with GPUs. Monero’s mining algorithm changes regularly to ensure ASIC resistance.
Zcash (ZEC) is another cryptocurrency that can be mined with GPUs. It uses the Equihash algorithm, which is memory-hard and designed to be ASIC-resistant. However, there have been reports of ASIC miners for Equihash, so it’s essential to stay updated on the latest developments.
Ravencoin (RVN), which uses the KAWPOW algorithm, is also a strong choice for GPU miners. KAWPOW is a variant of the ProgPOW and Ethash algorithms and is designed to be ASIC-resistant by being more suited to GPUs.
Ethereum Classic (ETC) is still mineable with GPUs. Despite Ethereum (ETH) transitioning to proof-of-stake, Ethereum Classic has decided to stick with proof-of-work, making it a viable option for GPU miners.
Lastly, Beam (BEAM) might be worth considering. It uses the BeamHash III algorithm, which is also designed to be ASIC-resistant and friendly for GPU mining.
When choosing a cryptocurrency to mine, it’s crucial to consider not only ASIC resistance but also factors like the coin’s market value, mining difficulty, and electricity costs. Always ensure your mining setup is optimized for efficiency and profitability. Happy mining!
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VeChain is worth a look for its supply chain solutions. Real-world applications are already underway, which is more than most can say.
VeChain is worth a look for its supply chain solutions. Real-world applications are already underway, which is more than most can say.
See lessIs the rush to earn crypto clouding judgment?
That would be ideal. It’s about being mindful and not letting greed or fear drive our choices. We need to remember to live, not just exist.
That would be ideal. It’s about being mindful and not letting greed or fear drive our choices. We need to remember to live, not just exist.
See lessIs the rush to earn crypto clouding judgment?
It’s heartbreaking to see. I posed the question because I worry we’re all getting caught up in the frenzy and forgetting what makes life meaningful.
It’s heartbreaking to see. I posed the question because I worry we’re all getting caught up in the frenzy and forgetting what makes life meaningful.
See lessCan virtual currency losses reduce my tax bill?
Carry forward excess losses; consult a tax expert.
Carry forward excess losses; consult a tax expert.
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