20 BEST Cryptocurrency to Mine with GPU [Most Profitable Coin] (2024)

Mining cryptocurrency with GPU is more powerful compared to CPU. Graphics Processing Unit is highly effective in doing a huge amount of calculations. There are many digital currencies that can be easily mined using GPU mining. These cryptos do not require the use of high-end AMD graphic cards that are used in ASIC. Many such cryptocurrencies also enable you to mine with a simple computer without any hurdles.

Following are curated list of Top cryptocurrencies to mine with GPU that is highly trusted and most profitable. The list contains some of the safest and easiest crypto to mine with popular features and website links.

Most Profitable Crypto to Mine with GPU (Best Coins to Mine)

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#1) Bitcoin

Bitcoin is open-source and one of the best cryptocurrencies to mine with GPU. It uses peer to peer (P2P) technology that facilitates instant payments. This digital currency helps you make payments from your mobile easily.

Mining Bitcoin enables you to make payments without revealing your identity. It allows you to share cryptographic signatures to prevent other people from expending money. It is one of the most profitable crypto to mine with Nvidia GeForce RTX GPUs.

How to Mine Bitcoin with a GPU:

Here are the Steps to mine Bitcoin using GPU

• Purchase best GPUs for Mining & Build a Mining Rig with higher computational power and low energy consumption
• Install relevant mining software to carry out the whole mining process
• Setup Bitcoin wallet to save all earnings and data of cryptocurrency.
• Set up a mining pool that allows miners to combine their resources and solve the equations together as a team and divide the reward.
• Start Bitcoin Mining

Key Statistics:

• Algorithm: SHA-256 hash.
• Block time: 10 minutes.
• Block reward: 6.25 BTC.
• ROI since launch: 3%.
• Current Price: 34871.80 USD.

Link: https://bitcoin.org/en/

#2) Ethereum

Ethereum is a digital currency that uses P2P to transfer your money or make payments. You can use it without disclosing your personal information. It enables the deployment of smart contracts and apps to build and run without any interference, fraud, and downtime from a third party.

ETH comes with its own programming language that runs on a blockchain. It is one of the best cryptocurrencies to mine with GPU that enables miners to build and run distributed applications. This crypto can be used with digital wallets to share and access your funds and Ethereum applications. It can be easily mined with AMD and Nvidia GeForce RTX GPUs.

How to Mine Ethereum with a GPU:

Here are the Steps to mine Ethereum using GPU

• Join a mining pool – Some of the best mining pools include the likes of F2Pool, Sparkpool, Nanopool, and Ethermine.
• Creating a cryptocurrency wallet to store your ETH
• The next step is to select mining software. EasyMiner and Ethminer are two good examples.
• Creating BAT file
• Starting the mining process

Key statistics:

• Algorithm: Ethash.
• Block time: 12 seconds.
• Block reward: 3 ETH.
• ROI since launch: 279,843%.
• Current Price: 2390.08 USD.

Link: https://ethereum.org/en/

#3) Monero

Monero is one of the best crypto to mine with GPU that offers private and censorship-resistant transactions. It allows fast and inexpensive payments anywhere in the world. This digital currency keeps the sender, receiver, and the amount of every transaction hidden. It is one of the easiest and most profitable coin to mine.

Monero offers a ring signature feature, which complicates the sources of funds. Therefore, it cannot be traced by the people involved in this altcoin transfer. This feature ensures that every Monero transaction between parties is shared with other contracts. It is one of the most profitable crypto to mine.

How to Mine Monero with a GPU:

Here are the Steps to mine Monero using GPU

• The first step to begin the Monero mining process is to select an appropriate wallet to receive the XMR tokens.
• Installing graphics cards for AMD and Nvidia GPUs
• Install and signup with mining software: Visit www.cudominer.com
• Finally, click on enable to start the miner.

Key statistics:

• Algorithm: RandomX.
• Block time: 2.5 minutes.
• Block reward: 1.16 XMR.
• ROI since launch: 5887%.
• Current Price: 211.88 USD.

Link: https://www.getmonero.org/get-started/mining/

#4) Ravencoin

Ravencoin is a digital P2P network that has implemented use case-specific blockchain. It is designed to efficiently handle the transfer of digital assets from one party to another. It is one of the best altcoins to mine with GPU.

Ravencoin cryptocurrency is designed to make instant payments to anyone around the world. It allows you to mine seamlessly with consumer-grade GPU hardware.

How to Mine Ravencoin with a GPU:

Here are the Steps to mine Ravencoin using GPU

• Setup Ravencoin wallet to receive Ravencoin mining rewards
• Download and install mining software on your device
• Choose a Ravencoin mining pool
• Configure the Ravencoin mining software
• Start mining Ravencoin (RVN)

Key statistics:

• Algorithm: KAWPOW.
• Block time: 1 minute.
• Block reward: 5,000 RVN.
• ROI since launch: 39%.
• Current Price: $0.036818 USD.

Link: https://ravencoin.org/pools/

#5) Bitcoin Gold

Bitcoin Gold is an open source and decentralized digital currency that enables you to make payments without hassle. It can be easily mined using common GPUs instead of ASICs.

BTG offers rewards to people instead of ASIC warehouse owners. It enables you to mine with a simple computer without any hassle.

How to Mine Bitcoin Gold with a GPU:

Here are the Steps to mine Bitcoin Gold using GPU

• Create a wallet to receive mining rewards
• Download mining software on your device
• Edit the bat file
• Choose a mining pool
• Start mining BTG

Key statistics:

• Algorithm: Equihash-BTG.
• Block time: 10 minutes.
• Block reward: 6.25 BTG.
• ROI since launch: 96.93%.
• Current Price: $48.66 USD.

Link: https://bitcoingold.org/for-miners/

#6) Feathercoin

Feathercoin is open source cryptocurrency that enables you to make payments securely without any hassle. It offers a mobile wallet to send and receive FTC easily. It is one of the best altcoins to mine with GPU.

This crypto has zero payment fees, so merchants do not need to pass network costs to their clients. Feathercoin can quickly settle and perform the transaction. It is one of the most profitable crypto to mine.

How to Mine FeatherCoin with a Mining Pool:

Here are the Steps to mine FeatherCoin with a Mining Pool

• Create a wallet to receive your mined coins
• Download the Mining software from FeatherCoin’s Github page and install
• Join a mining pool
• Create your batch file, Save the document as an all file format and give the file the name “mine.bat”
• Start mining FTC

Key statistics:

• Algorithm: NeoScrypt.
• Block time: 1 minute 2 seconds.
• Block reward: 40 + 0.000313 FTC.

Link: https://feathercoin.com/

#7) Dogecoin

Dogecoin is an open-source peer-to-peer digital currency and one of the best coin to mine with gpu that can be used for easy payments and purchases. This crypto helps you to mine effortlessly by completing mathematical equations and record transactions.

You can mine Dogecoin easily with a PC with Linux or Windows OS and GPU. This cryptocurrency can be used with Graphics Processing Units like Nvidia GeForce RTX and ASUS RX Vega 64.

How to Mine Dogecoin with GPU:

Here are the Steps to mine Dogecoin with GPU

• Purchase mining hardware & GPU like ASUS RX VEGA 64 or Nvidia GeForce GTX
• Download and install the respective software like CGMiner or CudoMiner.
• Connect your devices to the mining pool
• Set up a Dogecoin wallet to receive your mined coins
• Start mining Dogecoin (DOGE)

Key statistics:

• Algorithm: Scrypt.
• Block time: 1 minute.
• Block reward: 10000 DOGE.

Link: https://dogecoin.com/

#8) Litecoin

Litecoin is one of the oldest digital currencies that provide easy mining with lower hardware requirements. It is one of the best cryptocurrencies in terms of market capitalization. It is used as a payment method due to its low fees, quick confirmation times, and general ease of use. It allows you to make trading transactions anywhere in the world with fewer efforts.

Litecoin quickly confirms your transactions. This digital currency utilizes Blockchain technology that helps you to transfer funds between businesses or individuals.

How to Mine Litecoin with GPU

Here are the Steps to mine Litecoin with GPU

• Create a Litecoin wallet
• Choose your hardware, you need to get ASIC machines
• Download and install the respective Litecoin mining software
• Join a suitable mining pool
• Start mining Litecoin (LTC)

Key statistics:

• Algorithm: Scrypt.
• Block time: 2 minutes 19 seconds.
• Block reward: 12.5 LTC.

Link: https://litecoin.com/en/

#9) GRiN

GRiN is a simple and privacy-focused cryptocurrency that aims to serve as digital cash. The transactions of this currency are available to everyone without any restrictions or censorship. It is one of the easiest cryptocurrencies to mine.

It keeps all your mining activity private among other peers. This crypto can also hide transaction sums and addresses. It is one of the most profitable crypto to mine.

How to Mine Mine Grin (GRIN) with GPU

Here are the Steps to mine Mine Grin (GRIN) with GPU

• Create Grin (GRIN) Wallet Address
• Download and install the respective mining software
• Edit the bat file
• Join a suitable mining pool
• Start mining Grin (GRIN)

Key statistics:

• Block time: 1 minute.
• Block reward: 60 grins.

Link: https://grin.mw/

#10) Zcash

Zcash is a digital currency that can be spent, sent, and received via mobile phone, digital wallet, and computer. It provides you fast and confidential payments for eCommerce websites.

This crypto allows transactions to be verified without revealing the sender, receiver, or amount of the transactions. Zcash is one of the most secure privacy coins ever to enter the cryptocurrency sector.

How to Mine Zcash with GPU

Here are the Steps to mine Mine Zcash with GPU

• Install your GPUs and configure your PC
• Create Zcash wallet address
• Download and install the respective mining software
• Edit the bat file
• Join a Zcash mining pool
• Start mining Zcash

Key statistics:

• Algorithm: Equihash.
• Block time: 75 seconds.
• Block reward: 3.125 ZEC.

Link: https://z.cash/

#11) Horizen

Horizen is one of the best cryptocurrency to mine with secure blockchain ecosystem that enables developers and businesses to build a private blockchain. It provides ZEN cryptocurrency with full encryption to protect trading communications.

ZEN can be easily mined using PoW (Proof-of-Work) algorithm. It utilizes HTTPS and CDN to ensure secure transfers. This digital currency enables you to perform transactions anonymously with good privacy. It is one of the most profitable crypto to mine.

Key statistics:

• Algorithm: Equihash.
• Block time: 2.5 minutes.
• Block reward: 12.5 ZEN.

Link: https://www.horizen.io/

#12) Ethereum Classic

Ethereum Classic is an open-source, blockchain-based distributed computing platform that executes smart contracts. It enables you to manage ETC without the need for banks. You can mine Ethereum Classic by ASIC (Application-Specific Integrated Circuit) and GPUs. Ethereum Classic enables you to mine old proof of work without any hassle. It is one of the most profitable and best coins to mine.

Key statistics:

• Algorithm: Etchash.
• Block time: 13.5 seconds.
• Block reward: 3.2 ETC.

Link: https://ethereumclassic.org/

#13) Vertcoin

Vertcoin is a digital currency that is created to make mining cryptocurrency accessible to everyone. It uses a proof of work mechanism to issue new coins and secure trading transactions.

The blockchain of Vertcoin is maintained by the people who are mining with modern graphics cards. It can be easily mined at home just by using a computer with decent hardware. It is one of the easiest cryptocurrencies to mine.

Key statistics:

• Algorithm: Verthash.
• Block time: 2.5 minutes.
• Block reward: 25.00 VTC.

Link: https://vertcoin.org/

#14) Beam

Beam is a confidential cryptocurrency that enables you to perform trading transactions by maintaining privacy. It allows you to trade assets on blockchain from any wallet. This crypto has automatic swaps feature to exchange confidential assets without any third party.

It can be used with beam wallets to send and receive your crypto and check transaction history. This digital currency can be easily accessed from PC and mobile devices.

Key statistics:

• Algorithm: BeamHash III.
• Block time: 1 minute.
• Block reward: 80 coins per block.

Link: https://beam.mw/

#15) Haven

Haven is a Proof-of-Work cryptocurrency that is based on the CryptoNote protocol. It is one of the easiest cryptocurrencies to mine that provides you a private and stable currency that can be accessed without any hassle.

This digital currency can be used to store digital assets outside banks without giving up privacy and control. Haven can be used to securely buy any online products without any settlement. It stores your fund in web Haven Vault that is optimized for a mobile platform.

Key statistics:

• Algorithm: CryptoNight.
• Block time: 120 sec.
• Block reward: 6.2757 XHV block reward.

Link: https://havenprotocol.org/

#16) Komodo

Komodo is an open-source blockchain platform that enables you to own your host token sales. It uses Zero Knowledge Proof technology to keep you anonymous and private while performing KMD transactions.

It allows your money to be moved between private addresses without leaving any public data. Komodo offers the Antara framework that provides you tools for end-to-end blockchain development.

Key statistics:

• Algorithm: Equihash.
• Block time: 1 minute.
• Block reward: 3.00 KMD.

Link: https://komodoplatform.com/en/

#17) Quarkchain

Quarkchain is a blockchain infrastructure that provides Quark cryptocurrency to mine with GPU. It enables you to easily generate QRK through the mining process. It is one of the easiest cryptocurrencies to mine, which provides high flexibility, scalability, and usability.

Key statistics:

• Algorithm: Root-chain-first-Proof-of-Work.
• Block time: 10 seconds.
• Block reward: 2.5168 QKC.

Link: https://quarkchain.io/

#18) Monacoin

Monacoin is a digital currency that enables you to create blocks faster without any hassle. You can store this digital currency in exchange through Monappy online platform.

It enables you to exchange coins for digital assets like electronics, coupons, and more. Monacoin can be used through third-party mobile applications and online games to provide tips.

Key statistics:

• Algorithm: Lyra2REv2.
• Block time: 1.5minutes.
• Block reward: 25.00 MONA.

Link: https://monacoin.org/

How to Mine Cryptocurrency with GPU?

Here are the steps to mine cryptocurrency with GPU:

Step 1) Open any good cloud mining website in your browser

Step 2) Calculate your mining profit by selecting contract parameters

Step 3) Buy the cryptocurrency you like

Now, you will be able to purchase and mine the cryptocurrency

Step 4) Add order information like the name of the crypto, hash rate, mining pool, etc.

Step 5) Fill up the Sign-Up form to complete the process

Step 6) Verify your mobile number

Step 7) Now, login to your account to mine cryptocurrency with GPU

How do miners calculate their earnings?

The underlying cost of mining is the energy consumed. Thus for miners, whatever revenue they generate from the mining process has to cover these costs and the original amount invested in the mining hardware.

The earnings also depend on the cryptocurrency being mined. For instance, last year, an ASIC mining machine like Whatsminer M20s generated around $8 in BTC every day. Now, this will be a lot more than the profits produced from mining Ethereum, which is mined using high-end GPUs.

What are the risks involved in cryptocurrency mining?

Here are the risks involved in cryptocurrency mining:

• More susceptible to fraud: It is easy for scammers to perform crypto mining scams. This generally involves taking your earned cryptos. So you need to research crypto mining platforms by reading blogs and reviews before using them.
• Earning less money: You make less money with crypto mining because the services and equipment are expensive, so you get a very little amount out of it.
• Computing hardware: Miners should own the latest hardware to compute with an increasing need for successful crypto mining. They require specific hardware that can be costly. The popular hardware needed for Bitcoin mining is ASIC (Application-Specific Integrated Circuit) that can cost over $1500 per PC.
• Power costs: Power is the primary operating expense. This cost can float from $0.03 to $0.08 per kWh(kilowatt-hour). A shift in the new century can make a difference in crypto mining profitability. Therefore, it is important that miners use power at a lower cost.

FAQ:

Most Profitable Crypto to Mine with GPU (Best Coins to Mine)