20 BEST Crypto 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.

Features:

• Algorithm: Bitcoin utilizes the SHA-256 hash algorithm, ensuring robust security and cryptographic reliability in its transactions.
• Block time: Each Bitcoin block is processed approximately every 10 minutes, maintaining the network’s transaction ledger consistently.
• Block reward: Miners receive 6.25 BTC for each block mined, a crucial incentive for maintaining the network’s integrity and processing transactions.
• ROI since launch: Since its inception, Bitcoin has yielded a return on investment of about 3%, reflecting its growth and adoption in the financial world.
• Current Price: As of now, Bitcoin trades at around 34,871.80 USD, showcasing its significant value and impact in the cryptocurrency market.

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

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.

Features:

• Algorithm: Ethash – Ethash is Ethereum’s proof-of-work algorithm, designed to be ASIC-resistant, ensuring decentralized and fair mining by individuals using standard hardware.
• Block time: 12 seconds – Ethereum’s network processes new blocks approximately every 12 seconds, enabling quicker transaction confirmations than many other cryptocurrencies.
• Block reward: 3 ETH – For each block mined on the Ethereum network, miners receive a reward of 3 Ether, incentivizing network security and participation.
• ROI since launch: 279,843% – Since its inception, Ethereum has seen a staggering return on investment of 279,843%, reflecting its significant growth and adoption in the cryptocurrency market.
• Current Price: 2390.08 USD – As of the latest update, Ethereum’s value stands at 2390.08 USD per Ether, indicating its strong market position and investor confidence.

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

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.

Features:

• Algorithm: RandomX – Monero utilizes the RandomX algorithm, a proof-of-work system emphasizing CPU efficiency, reducing the advantage of specialized mining hardware.
• Block time: 2.5 minutes – In Monero’s network, blocks are processed every 2.5 minutes, ensuring faster transactions and dynamic scalability compared to longer block times.
• Block reward: 1.16 XMR – For each block mined on the Monero network, the miner receives 1.16 XMR, providing an incentive for network participation and security.
• ROI since launch: 5887% – Since its inception, Monero has yielded a staggering 5887% return on investment, reflecting its strong market performance and growing acceptance.
• Current Price: 211.88 USD – As of the latest update, Monero trades at 211.88 USD, indicating its robust value and investor confidence in this privacy-focused cryptocurrency.

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.

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.

Features:

• Algorithm: KAWPOW – Ravencoin employs KAWPOW, a unique mining algorithm, ensuring an equitable and decentralized mining process, resisting monopolization by large-scale miners.
• Block Time: 1 Minute – Ravencoin’s blockchain boasts a rapid block time of just 60 seconds, facilitating faster transaction confirmations compared to many other cryptocurrencies.
• Block Reward: 5,000 RVN – Miners receive 5,000 RVN per block, incentivizing network participation and security through this substantial reward system.
• ROI Since Launch: 39% – Since its inception, Ravencoin has shown a respectable return on investment of 39%, reflecting its growing acceptance and utility in the market.
• Current Price: $0.036818 USD – As of the latest data, Ravencoin trades at $0.036818, indicating its current market value and investor interest in this digital asset.

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)

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.

Features:

• Algorithm: Equihash-BTG is designed to resist the centralization of mining power, making Bitcoin Gold more accessible to everyday users by remaining GPU-friendly.
• Block time: The 10-minute block time ensures a balance between rapid transaction processing and network stability, providing a consistent and efficient user experience.
• Block reward: With a reward of 6.25 BTG per block, miners are incentivized to maintain network security, ensuring the robustness and reliability of Bitcoin Gold.
• ROI since launch: An impressive 96.93% return on investment since its inception reflects Bitcoin Gold’s growing popularity and increasing trust among investors and users.
• Current Price: Standing at $48.66 USD, Bitcoin Gold demonstrates a strong market presence, showing its resilience and potential as a valuable digital asset.

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

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.

Features:

• Algorithm: NeoScrypt – Feathercoin utilizes the NeoScrypt algorithm, offering enhanced security and efficiency, making it less vulnerable to ASIC mining, thereby promoting fairer distribution among individual miners.
• Block Time: 1 minute 2 seconds – This cryptocurrency boasts a swift block time of just 1 minute and 2 seconds, ensuring faster transaction confirmations compared to many other digital currencies and enhancing user experience.
• Block Reward: 40 + 0.000313 FTC – Feathercoin rewards miners with 40 FTC plus a small fraction (0.000313 FTC) for each block mined, providing a consistent incentive for contributing to the network’s security and stability.

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

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.

Features:

• Algorithm: Dogecoin utilizes the Scrypt algorithm, a proof-of-work scheme that’s less resource-intensive, making mining more accessible to a wider range of enthusiasts.
• Block Time: With a rapid block time of just 1 minute, Dogecoin ensures quicker transaction confirmation, enhancing its efficiency in everyday transactions.
• Block Reward: Each mined block of Dogecoin rewards 10,000 DOGE, a feature designed to maintain a steady flow of coins and incentivize the mining community.

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)

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.

Features:

• Algorithm: Scrypt – Litecoin utilizes the Scrypt algorithm, offering a memory-intensive mining process that’s more accessible to individual miners compared to Bitcoin’s SHA-256.
• Block time: 2 minutes 19 seconds – Litecoin’s faster block time of approximately 2 minutes and 19 seconds enhances transaction processing speed, leading to quicker confirmation times.
• Block reward: 12.5 LTC – For each block mined, Litecoin miners receive a reward of 12.5 LTC, incentivizing network participation and security until the next halving event.

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)

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.

Features:

• Block Time: GRiN’s block time is set at a rapid 1-minute interval, ensuring swift transaction confirmations and enhanced network responsiveness, making it ideal for fast-paced digital transactions.
• Block Reward: With a generous block reward of 60 grins, GRiN incentivizes miners effectively, ensuring robust network security and consistent transaction processing, which is pivotal for maintaining a reliable and efficient blockchain ecosystem.

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)

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.

Features:

• Algorithm: Equihash – Zcash employs Equihash, a memory-hard algorithm, reducing the efficiency of specialized mining equipment, thus promoting wider network participation and decentralization.
• Block time: 75 seconds – With a block time of just 75 seconds, Zcash ensures faster transaction processing and enhanced network throughput, leading to a more efficient user experience compared to longer block times.
• Block reward: 3.125 ZEC – Each mined block on the Zcash network rewards miners with 3.125 ZEC, incentivizing consistent network participation and contributing to the stability and security of the blockchain.

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

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.

Features:

• Algorithm: Equihash – Horizen utilizes the Equihash algorithm, renowned for its ASIC-resistant properties, ensuring a more decentralized and fair mining process.
• Block time: 2.5 minutes – Horizen’s blockchain is designed for efficiency, with a rapid block time of just 2.5 minutes, significantly enhancing transaction speed and network responsiveness.
• Block reward: 12.5 ZEN – Miners in the Horizen network are rewarded with 12.5 ZEN for each block they successfully mine, providing a consistent and attractive incentive for network participation.

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.

Features:

• Algorithm: Etchash – Etchash is a proof-of-work algorithm used by Ethereum Classic, designed for enhanced ASIC resistance, ensuring equitable mining opportunities for various hardware types.
• Block Time: 13.5 Seconds – Ethereum Classic boasts a rapid block time of approximately 13.5 seconds, facilitating quicker transaction confirmations and enhancing network efficiency.
• Block Reward: 3.2 ETC – For each block mined on the Ethereum Classic network, miners are rewarded with 3.2 ETC, incentivizing network participation and securing the blockchain.

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.

Features:

• Algorithm: Verthash is a unique hashing algorithm designed specifically for Vertcoin, prioritizing GPU mining and resisting centralization by ASICs, ensuring equitable mining access.
• Block Time: Vertcoin’s block time is set at 2.5 minutes, striking a balance between quick transaction confirmations and network efficiency, making it faster than Bitcoin.
• Block Reward: Each mined block on the Vertcoin network rewards miners with 25.00 VTC, offering a substantial incentive for contributing to network security and transaction verification.

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.

Features:

• Algorithm: BeamHash III is an innovative and robust mining algorithm designed for Beam. It ensures high network security and fairness, offering optimized performance for a range of hardware and making it accessible to a diverse group of miners.
• Block time: With a block time of just 1 minute, Beam offers rapid transaction processing. This quick block time enhances the user experience by speeding up transaction confirmations, making it highly efficient for both miners and users.
• Block reward: Offering 80 coins per block, Beam provides a lucrative incentive for miners. This substantial block reward not only motivates miners to contribute to the network’s security but also fosters a healthy and competitive mining environment.

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.

Features:

• Algorithm: Haven utilizes the CryptoNight algorithm, renowned for its exceptional security and privacy features, ensuring robust protection against hacking attempts and unauthorized access.
• Block Time: With a block time of 120 seconds, Haven optimizes transaction speed and efficiency, striking a balance between rapid processing and network stability.
• Block Reward: Offering a block reward of 6.2757 XHV, Haven incentivizes miners, contributing to the network’s health and security through this well-calibrated reward system.

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.

Features:

• Algorithm: Equihash – Komodo utilizes the Equihash algorithm, known for its exceptional memory-hard properties, offering robust resistance to ASIC mining and ensuring a more decentralized mining process.
• Block Time: 1 Minute – Komodo’s blockchain has a rapid block time of just one minute, facilitating swift transactions and enhancing the overall efficiency of the network.
• Block Reward: 3.00 KMD – For each block mined, Komodo awards miners with a reward of 3.00 KMD, incentivizing participation and contributing to the security and robustness of the blockchain.

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.

Features:

• Algorithm: Quarkchain employs a unique ‘Root-chain-first-Proof-of-Work’ algorithm, enhancing network security and optimizing validation processes for quicker transactions.
• Block time: Quarkchain boasts an impressive block time of just 10 seconds, significantly accelerating transaction confirmations compared to many other blockchains.
• Block reward: Each block mined on Quarkchain rewards miners with 2.5168 QKC, offering a consistent incentive for contributing to the network’s security and efficiency.

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.

Features:

• Algorithm: Lyra2REv2 – Monacoin employs the Lyra2REv2 algorithm, known for its efficiency and security, offering robust protection against ASIC mining hardware.
• Block time: 1.5 minutes – With a rapid block time of just 1.5 minutes, Monacoin ensures quicker transaction confirmations compared to many other cryptocurrencies.
• Block reward: 25.00 MONA – Each successfully mined block in the Monacoin network rewards miners with 25 MONA, incentivizing network participation and security.

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)