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The core of mining is to solve complex mathematical problems. For each complex equation that solves, the miners will charge a small amount of "fees" for their efforts. Mining is important because it helps verify transactions on the blockchain. For most cryptocurrencies, mining is a resource -intensive activity. Some cryptocurrencies support CPU mining. First of all, you can download one of various encrypted mining software programs, which will be mining on the central processing unit (CPU) of your personal computer. Let's introduce what is CPU mining. Which cryptocurrencies suitable for CPU mining?
What is CPU mining?
CPU mining is a cryptocurrency mining process. It uses the central processor core to check blockchain transactions, solve mathematical problems, verify transaction blocks, and cast new coins. You can use daily computers or CPU mining devices to mine cryptocurrencies.
The CPU can be quickly switched between tasks and follows the algorithm execution instructions of "if this, then do, other things" type of algorithm. This CPU capability minimizes the waiting time of users when using different software.
The CPU can also do mathematical operations, but it is not suitable for solving duplicate or lengthy mathematics. Because the CPU cannot process a large amount of mathematical data, cryptocurrency mining enthusiasts turn to graphic processing unit (GPU) mining.
How does CPU mining work?
The abbreviation of the central processor is the CPU. It is usually called the "brain" of a computer because it is responsible for supervising all parts. The CPU is crucial to the operation of the computer because it is responsible for all the data processing of the computer and provides the processing capacity of the computer's operating system.
Through the CPU mining, the computer's CPU execution is calculated so that the transaction record can be added to the cryptocurrency public classification account on its blockchain.
Do you know that Bitcoin (BTC) initially only used a computer processor for mining? As early as 2010, the Intel Pentium CPU can excavate BTC and generate hundreds of Bitcoin. However, this is no longer possible.
Why? Because as cryptocurrencies become more and more popular, mining has become more and more competitive, and Bitcoin, which is close to this number, becomes more and more challenging. This is not only suitable for BTC, but also for almost all alternative currencies.
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Is CPU mining profitable?
When you first understand the CPU mining, you might think of, "Is the CPU mining favorable?" "Is your primary task. This is why we need to point out that the profitability of the CPU mining is not so important for short -term profits. Essence
For most of the extensive use of currencies, CPU mining is no longer possible, which is especially true. To a large extent, this is due to two factors:
The increase in the overall difficulty and competition on the Internet
The explosion of the miner
These factors have made CPU mining outdated on the most popular currencies.
For example, in the early version of the Bitcoin network, the CPU mining was originally allowed, but with the improvement of the network hash rate, the CPU mining became unprofitable. The value of Bitcoin drops below the power required to run the CPU. Therefore, CPU mining is removed from the core of Bitcoin because this is a meaningless feature. GPU mining was the only way for Bitcoin mining. Due to the high hash rate of major cryptocurrencies, CPU mining is also unable to compose most other cryptocurrencies.
However, the mining of CPU cryptocurrencies has a very important purpose, because it is possible to find a new promising cryptocurrency, which can be used to use the CPU to mine and generate some long -term profits.
At this time, most of the CPU mining coins are still in the initial stage, and the profit at this stage is usually minimal. So, what is the meaning of continuing to use CPU computing power to mine these coins?
But -this is the most critical point that needs to be aware -because you are mining these tokens at a much lower yield at this time, which may be the best way to obtain some of the tokens for long -term storage. The idea here is to accumulate new cryptocurrencies as soon as possible and hold them until coins (hope) appreciate and value more money.
In other words, there are still some cryptocurrencies that are specially constructed to make profits when using CPU mining. Cryptonight coins account for most of the CPU mining currency, such as:
Dogecoin (DOGE)
Bytecoin (BCN)
Vertcoin (VTC)
Grin (GRIN)
Garlicoin (GRLC)
Monero (XMR)
Electroneum (ETN)
And many others.
The goal of the Cryptonight team is to allow all users to mine, even if their computing power level is different. Based on Cryptonight coins using built -in CPU instructions, these instructions are extremely difficult and cost -effective in ASIC, but they are very suitable for ordinary PCs.
However, CRYPTONIGHT CPU mining is no longer favorable, because some current ASICs are perfectly matched with multiple Cryptonight currencies.
Don't give up hope, because ASIC mining has been actively hit by the Monero team. For example, they have made a hard fork once to make the CPU mining the only way to create a new XMR tokens.
What currency is the most profitable with CPU?
Today, computer processing capabilities can be used to tap blockchain other than Bitcoin, such as LOKI and NIMIQ.
If you are looking for the most favorable coins to use your CPU for excavation, we recommend Monroe Coin (XMR).
Monero is the first cryptocurrency when discussing the CPU to mine coins. Monero is a popular coin because it is the easiest to use CPU and is a widely used cryptocurrency. For those who want to mine Monero, GPU and CPU are feasible choices.
Since its birth in 2014, Monroe Coin has been a popular cryptocurrency. Its value began to rise significantly in 2017 and continued to rise. It is ten times more expensive than similar cryptocurrencies such as Zcash, but the anonymity of XMR has welcomed it by users.
Due to recently from Cryptonight to RandomX, ASIC miners have been frustrated due to the continuous development of the Monero algorithm, and their network is facing increasingly fierce competition from GPU miners. Due to this change, CPU miners can now make significant contributions to blockchain consensus.
What cryptocurrencies can use household computers and CPU mining?
1. Dogecoin (Doge)
Although digital currency was originally based on the cause, Dogecoin (Doge) has been promoted by Elon Musk and has developed into a cottage with a large number of user bases. Dogecoin aims to increase new coins per year instead of a limited supply of Bitcoin. This is an additional inspiration to anyone who taps it. To mine Dogecoin, you must first make sure you have a wallet to store your income. You can download the Dogecoin core wallet or find other suitable online wallets on the website.
When using CPU mining, the best software is CPU Miner. Mining is possible in this way, although the speed is slow. To improve the speed of mining, you can use the graphics card. AMD and NVIDIA cards are your best choices. If you decide to use GPU mining, the software you should use is CGMiner or CUDAMiner.
You can find a complete explanation of mining Dogecoin here. Although personal mining is feasible, it is recommended to register a mining pool because you can use greater processing capabilities and speed to generate higher mining returns. An example of a mining pool that supports dog coins is Multipool. Once mining, the exchange of dog coins includes Binance and OKEX.
2. Ethereum Classic
The main goal of the Ethereum Classic project is to ensure the survival of the original Ethereum blockchain, and provide alternatives to people in the direction adopted by Ethereum DAO rescue and Ethereum Foundation. Although ETC can be minitted with ASIC machines, it can still be mine on the desktop. You can find the full mining resource list of Ethereum Classic here.
Once mining, the exchange of Ethereum Classic includes Hitbtc, Binance and Huobi Global.
3. Monro (XMR)
Monero (XMR) is a popular anonymous digital currency. In addition, the network of this cottage is designed specifically to resist the development of Monero's special ASIC. Therefore, it is very suitable for mining of users. First, you must download a wallet to store your tokens first. The official Monero Gui client is recommended. After that, the next step is to download the mining software that supports Monroe, such as Multiminer. Multiminer is the easiest to use, but there are other online available mining options. Once mining, the exchange of trading Monero includes Binance and Bitfinex.
4. Bitcoin Gold (BTG)
Bitcoin Gold (BTG) was launched as a branch of the original Bitcoin blockchain in 2017. Although it originally had a gradual roadmap designed to expand the scalability and development potential of Bitcoin (BTC), the project has remained silent in recent years, and has not updated its website route or Twitter since 2021. Nevertheless, BTG still has a considerable market value and daily transaction volume. Therefore, anyone who taps BTG can easily find a buyer. Bitcoin Gold uses Equihash-BTG, also known as Equihash (144,5) or zhash. The price trend is usually closely related to the price trend of the original Bitcoin. Check more information about mining Bitcoin gold here. Once mining, the exchange of Bitcoin Gold includes Binance, Bitfinex, HitBTC and Huobi Global Station.
5. Vertcoin
Vertcoin (VTC) was launched in 2014 and is another popular choice for small miners. Digital currency is designed to be decentralized and financial sovereignty that Satoshi Nakamoto creates Bitcoin. The developer of the project creates a blockchain to respond to the increasing impact of ASIC on Bitcoin blockchain and the entire mining ecosystem. The algorithm used by Vertcoin's POW consensus mechanism is Lyra2re, which aims to resist ASIC and supports GPU and CPU mining.
VTC is very popular because its mining process is very simple. Just click, because the project developers have created a structure that supports easy mining. To start mining, download the software here, and then add the mining pool to maximize mining revenue.
Once mining, the transaction vertcoin exchange includes Bittrex and Upbit.
6. Bytecoin
Anonymous cryptocurrency bytecoin(BCN) is another altcoin that can be easily excavated on the home computer. Solo mining is designed as a simple process for Bytecoin users. All you need to do is to download the Bytecoin wallet and run the program on your computer. After the program is synchronized with Bytecoin's blockchain, he creates a wallet for yourself. Then just enter to start mining the command and set your wallet address to the recipient.
Solo Mining works on Bytecoin's network, but this process is very slow and may not bring you too much income. In order to increase the income, you can add a mining pool that supports CPU mining. Bytecoin-Pool.org is a good example. You also need to download compatible mining software, such as XMRIG.
You can also use GPU to mine bytecoins. To mine in this way, you need to download software compatible with GPU mining. Although the setting process here is more complicated than the CPU mining, it does lead to a faster mining process. Once mining, trading bytecoin's exchanges include Hitbtc and Poloniex.
The above content introduces what is CPU mining, and which cryptocurrencies can be mine by CPU. At present, many cryptocurrency mining looks very expensive, because mining requires you to spend thousands of expensive GPUs (or ASICs) and spend more money to buy power and other computer components. And a small amount of cryptocurrencies can also support the use of CPU to mine, which is a very good opportunity to earn income and return.
