Best Altcoins for Mining
Best Altcoins for Mining: Bitcoin mining has become highly competitive, requiring powerful ASIC miners and massive electricity consumption.
But altcoin mining offers an alternative—allowing everyday miners to earn cryptocurrency without expensive setups.
In this guide, we’ll explore the best altcoins for mining this year, breaking down:
✔ Which altcoins are most profitable for GPU, CPU, and ASIC mining
✔ The best hardware for each mining algorithm
✔ Mining profitability and block rewards
✔ A hidden altcoin that’s giving solo miners big profits!
🚀 Ready to start mining?
Let’s dive in!
What Makes an Altcoin Good for Mining?
Not all cryptocurrencies are profitable to mine. The best altcoins for mining meet the following criteria:
✅ Mining Algorithm
Some coins use ASIC-resistant algorithms, meaning GPUs and CPUs can still compete. Others are ASIC-dominated for maximum efficiency.
✅ Mining Difficulty
A lower difficulty means faster mining speeds and better profits. Coins with rising adoption but low competition are ideal.
✅ Block Rewards & Transaction Fees
The higher the block reward and transaction fees, the more mining rewards you’ll earn.
✅ Electricity Efficiency
Some coins require less electricity, making them budget-friendly and more sustainable for long-term mining.
Now that we know what to look for, here are the best altcoins to mine this year!
Top 8 Best Altcoins for Mining in 2024
1️⃣ Ethereum Classic (ETC) – Best for GPU Miners
Ethereum Classic (ETC) remains a top choice for GPU miners because of its strong network and high mining rewards.
🔹 Why Mine Ethereum Classic?
✔ Uses the Etchash algorithm, making it ASIC-resistant
✔ Strong market demand and long-term potential
✔ High block rewards
🔹 Best Hardware for Mining ETC:
NVIDIA RTX 3060 Ti, 3070, and 3080 GPUs
AMD RX 5700 XT and RX 6800 GPUs
⚡ Estimated Monthly Profits:
$50–$150 per month with a high-end GPU rig.
💡 Pro Tip: Join mining pools like Ethermine or F2Pool for steady earnings.
2️⃣ Ravencoin (RVN) – Best for Decentralized Mining
Ravencoin is a GPU-friendly altcoin that offers great mining potential due to its KAWPOW algorithm, designed for fairness and decentralization.
🔹 Why Mine Ravencoin?
✔ GPU-optimized algorithm
✔ Low mining difficulty = higher mining rewards
✔ Decentralized and focused on digital asset creation
🔹 Best Hardware for Mining RVN:
NVIDIA GTX 1660 Super, RTX 2060, RTX 3060 GPUs
AMD RX 580, RX 5600 XT GPUs
⚡ Estimated Monthly Profits:
$40–$100 per month for mid-range GPUs.
💡 Pro Tip: Due to higher power consumption, mine during off-peak electricity hours to increase profits.
Best Altcoins for Mining This Year Video
3️⃣ Ergo (ERG) – Best Low-Energy GPU Coin
Ergo is an energy-efficient cryptocurrency, making it an ideal choice for miners looking to reduce electricity costs.
🔹 Why Mine Ergo?
✔ Uses the Autolykos v2 algorithm, which is power-efficient
✔ Lower difficulty = better profits
✔ Strong long-term price growth potential
🔹 Best Hardware for Mining ERG:
NVIDIA RTX 3070 & RTX 3080 GPUs
AMD RX 6800 & RX 6900 XT GPUs
⚡ Estimated Monthly Profits:
$30–$90 per month with a power-efficient rig.
💡 Pro Tip: Ergo is great for home mining due to its low electricity usage.
4️⃣ Litecoin (LTC) – Best ASIC-Friendly Coin
Litecoin (LTC) remains a solid altcoin for ASIC miners, thanks to its Scrypt mining algorithm and long-term adoption.
🔹 Why Mine Litecoin?
✔ Uses Scrypt algorithm, optimized for ASIC mining
✔ High liquidity and strong market demand
✔ Frequent price surges
🔹 Best Hardware for Mining LTC:
Bitmain Antminer L7
Goldshell Mini-Doge
⚡ Estimated Monthly Profits:
$100–$250 per month with the Antminer L7.
💡 Pro Tip: Hodl some of your Litecoin since the price frequently spikes.
5️⃣ Kadena (KDA) – The Future of ASIC Mining
Kadena is one of the most energy-efficient proof-of-work coins, making it a top pick for ASIC miners.
🔹 Why Mine Kadena?
✔ Uses the Blake2S algorithm, ideal for ASIC miners
✔ Low difficulty and high block rewards
✔ Scalable blockchain technology
🔹 Best Hardware for Mining KDA:
Goldshell KD6 or KD Box Pro
⚡ Estimated Monthly Profits:
$80–$200 per month for ASIC miners.
💡 Pro Tip: Mining Kadena early could lead to major profits if its adoption grows.
6️⃣ Firo (FIRO) – Best Privacy-Focused GPU Coin
Firo (formerly Zcoin) is a privacy-focused altcoin with a GPU-friendly mining algorithm.
🔹 Why Mine Firo?
✔ Uses FIROPOW algorithm, which is optimized for GPU mining
✔ Strong focus on privacy and anonymity
✔ Low mining difficulty = higher mining profits
🔹 Best Hardware for Mining FIRO:
NVIDIA RTX 2060, RTX 3070, RTX 3080 GPUs
⚡ Estimated Monthly Profits:
$20–$80 per month for mid-tier GPUs.
💡 Pro Tip: Firo’s privacy focus makes it a good long-term hold.
7️⃣ SECRET ALTCOIN REVEALED: Alephium (ALPH) – Hidden Gem for Solo Miners
🔥 Secret Altcoin: Alephium (ALPH)
Alephium is an emerging altcoin with low mining difficulty, meaning solo miners can still profit!
🔹 Why Mine Alephium?
✔ Uses the Proof-of-Less-Work algorithm, which is energy-efficient
✔ Early-stage adoption means low competition
✔ High mining rewards
🔹 Best Hardware for Mining ALPH:
NVIDIA RTX 3060, RTX 3070, RTX 3080 GPUs
⚡ Estimated Monthly Profits:
$40–$120 per month, with potential for higher gains if the price rises.
💡 Pro Tip: Mining Alephium early could lead to major profits in the future.
Final Thoughts – Which Altcoin Should You Mine?
Mining is still profitable if you choose the right altcoin.
🔹 Best for GPU Mining? Ethereum Classic & Ravencoin
🔹 Best for Low-Power Mining? Ergo
🔹 Best for ASIC Miners? Litecoin & Kadena
🔹 Best for Privacy? Firo
🔹 Hidden Gem? Alephium (ALPH)
💬 Which altcoin are YOU mining this year? Drop a comment below!
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