Top 5 Altcoins/Cryptos Easy & Profitable To Mine In The Year 2018 and Beyond

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Top 5 Altcoins Cryptocurrencies Easy and Profitable To Mine In 2018

I get this question a lot from people who attend my seminars, from clients and average Joes (once they find out what I do) who are interested in mining bitcoins; “can I and how do I make money mining bitcoin.” My answer is the same every time; “you’re too late! you will need 100s of 1000s of dollars if not millions to get a mining facility off the ground and if you’re lucky (a big IF), you’ll make about $100/day!”

What’s even worst is… ‘the Fed, the U.S Marshals, the FBI and their mamas will be breaking down your doors after you take down the city’s entire power grid; that’s how much electricity you will be using.” Guess what? It happened in China already. In fact, the biggest headline today is….”China Banning Bitcoin Mining & Cut Off Electricity for Those Who Mine.”

Even though all hope is lost for the common wo/man to mine bitcoin (dominated by one group in China), there are still plenty opportunities in mining cryptocurrencies or altcoins. Bitcoin may have been the first, the biggest and most popular; but 1,000+ copycats, clones or altcoins have surfaced since then.

Mining validates the legitimacy of a transaction as well creates a flow of new crypto-currency as a reward to the miner. In the Proof Of Work system, the puzzle that the miner must solve has a key feature: asymmetry. This idea is also called as a CPU cost function, client puzzle, computational puzzle or CPU pricing function, commonly.

The network miners essentially compete to be the first to arrive at the solution to claim its records. Proof Of Work usually utilizes brute force by the miner and thereby, a huge number of attempts. As soon as the miner has solved the problem, he/she announces it on the ledger and immediately receives a fixed amount of cryptocurrency as the reward. Below are 5 altcoins / cryptocurrencies that are easy and extremely profitable to mine in 2018 and beyond.

1. Zcash

“Zcash is the first open and permission-less cryptocurrency.”

According to whattomine.com Zcash, is the most profitable cryptocurrency for mining right now.

Algorithm: Equihash

Block Time: 2 m 27 s

Block Reward: 10.00

Website: https://z.cash

Exchange Price: 0.091 BTC

Check more details at https://whattomine.com/coins/166-zec-equihash

2. ZClassic

“ZClassic is a fork of Zcash: decided to take another path by removing the 20% fee. Miners are simply earning their fair reward, and the coin development can be supported by the community.”

Algorithm: Equihash

Block Time: 2 m 26 s

Block Reward: 12.50

Website: http://zclassic.org/

Exchange Price: 0.00054 BTC

Check more details at https://whattomine.com/coins/167-zcl-equihash

3. Zencash

Zen is leveraging the best minds in technology, governance, and community building to create the world’s first private, distributed, and reliable platform for communications, transactions, and publishing.

Algorithm: Equihash

Block Time: 2 m 30 s

Block Reward: 11.00

Website: https://zensystem.io/

Exchange Price: 0.00217 btc

Check more details at https://whattomine.com/coins/185-zen-equihash

4. Monero

Algorithm: Cryptonight

Block Time: 2 m 2 s

Block Reward: 6.30

Website: https://getmonero.org/

Exchange Price: 0.023 btc

Check more details at: https://whattomine.com/coins/101-xmr-cryptonight

5. Ethereum Classic

Algorithm: Ethash

Block Time: 14.13 s

Block Reward: 4.85

Website: https://ethereumclassic.github.io/

Exchange Price: 0.0031 btc

Check more details at: https://whattomine.com/coins/162-etc-ethash

Tips: It’s easier, faster and more profitable to form a group to mine with. We called this mining pool. Use whattomine.com‘s profitability calculator to help you get an idea of how much you can potentially make before diving in your gold digging adventure. You want to mine to make money, not as a habit.

Author: TheBitClub.com

2018 will be the best year yet for cryptocurrencies and I'm going to help you position yourself now to profit. Hi, My name is Mathieu Louis, I started one of the first bitcoin blogs in 2010 and started investing in the virtual currency when only a few technology savy people knew about it and even knew what it was. I'm one of the individuals responsible for making bitcoin mainstream today. I mad a LOT of money on bitcoin, but I missed a few opportunities was well. I'm not beating myself up though because 2018 is going to be an epic year. Academically, I obtained a Master's Degree in Information Science from Florida State University in 2004. I also have a background in business. I worked for one of the fortune 500 corporations in Washington D.C. for about 4 years, then decided to start my own business. Since 2009 I've been a one-man wrecking crew. I have traveled the world (recently returned from an 18-country backpack excursion. I own many online businesses and I'm a thrill seeker.

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