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Are there any profitable coins to mine in 2018?

avatarBa D GuyDec 29, 2021 · 3 years ago3 answers

I'm interested in mining cryptocurrencies in 2018, but I'm not sure which coins are still profitable. Can anyone recommend any profitable coins to mine this year? I'm looking for coins that have a good potential for growth and a reasonable mining difficulty. Any suggestions?

Are there any profitable coins to mine in 2018?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure, there are still some profitable coins to mine in 2018. One of the most popular options is Ethereum (ETH). It has a strong community and a high market cap, which makes it a good choice for mining. Other profitable coins include Monero (XMR), Zcash (ZEC), and Dash (DASH). These coins have a good potential for growth and offer decent mining rewards. Just make sure to do your research and consider factors like mining difficulty and electricity costs before investing in mining equipment.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! There are still plenty of profitable coins to mine in 2018. One coin that stands out is Bitcoin Cash (BCH). It has a lower mining difficulty compared to Bitcoin (BTC) and offers a higher block reward. Another profitable option is Litecoin (LTC), which has a strong community and a stable price. Additionally, coins like Vertcoin (VTC) and Ravencoin (RVN) have gained popularity recently and can be profitable to mine. Remember to keep an eye on the market and adjust your mining strategy accordingly.
  • avatarDec 29, 2021 · 3 years ago
    Definitely! There are several profitable coins to mine in 2018. One of the best options is BYDFi (BYD). It is a relatively new coin with a promising future. BYDFi uses a unique mining algorithm that ensures fair distribution of rewards and encourages active participation. With its low mining difficulty and potential for growth, mining BYDFi can be quite profitable. However, it's important to note that mining profitability can vary depending on factors like electricity costs and market conditions. Make sure to stay updated and consider diversifying your mining portfolio for better results.