The process of which new digital currency is released or brought into circulation is called Cryptocurrency mining . This is happened by “miner” which uses CPU power to record and verify the transactions.
Verifying transactions that happen on the blockchain involves solving complex mathematical equations. As a token of appreciation for keeping the network busy and good, miners are rewarded a predetermined amount of new coins when they process and verify transactions.
Earlier, it was easy to mine bitcoin with just a PC or a laptop. But, as the mining difficulty increased over time, individuals were unable to mine with regular PC.So, Companies started to see bitcoin mining as a business opportunity and started to building rooms full of computers to mine the digital currency, this made it even more difficult for regular people to compete. However, Application Specific Integrated Circuit (ASIC’s), which are chips designed specifically to mine bitcoin, acted as a further used to mining bitcoin on your PC.
Now, you understood that mining bitcoin is not easy on pc.So, we made list of cryptocurrency that can be mined on pc.
Monero is one of the cryptocurrencies that is considered as the most advanced anonymous digital currency. Monero is based on a proof-of-work algorithm known as CryptoNight, which is designed in such a way that it make difficult for Monero mining using ASICs to work well. Moreover, it is actually relatively easy to mine Monero on your PC.
Graphics cards manufactured from AMD and ASUS are best to mine with .
You can check the price of monero Here .
Vertcoin is a relatively new altcoin that has been gaining popularity in the past year. This coin uses a proof-of-work algorithm to verify transactions. However, Vertcoin is ASIC resistant. In other words, it is resistant to the development of specific hardware to use for mining purposes by large cryptocurrency mining operations.
The Vertcoin team recently launched an easy-to-use one-click miner. The miner is a graphical user interface (GUI) miner that used for mining for both GPU and CPU users. Once you download the miner, you just need to choose a mining pool depending on your computing power. If you have less than two graphics cards then you should pick Network 2, while those with larger hash rates should pick Network 1.
Once this is done, input the hardware that you are using, whether CPU or GPU. Never forget that Vertcoin only supports AMD and NVIDIA graphics cards.
Dogecoin is another cryptocurrency that can be mined using a PC. To mine Dogecoin,the first thing you should do is to download the official desktop wallet from the Dogecoin website and never forget to encrypt your wallet to protect your coin.
Generally, you can mine Dogecoin using only your CPU, but for optimal results, you would need to get a graphics card. Here, AMD or NVIDIA cards work best. The best mining software to use when mining Dogecoin using GPU’s is CGminer, CudaMiner, and GUIminer. For use with CPU mining use CPU miner. These softwares are free to download.
if you want greater returns,is it recommended to join a mining pool . As explained on Dogecoin’s website: “You are basically searching for blocks, then solving and confirming the block for a reward. The first to find and confirm the block gets the full payout of that block and everyone else has to move on. Stronger hardware = faster searching and confirming.” CoinEx and MultiPool are examples of mining pools that you can look into for mining Dogecoin.
To mine coins on your PC, you may need to add additional fans to help with cooling.
Laptops are not suitable for mining as they are likely to overheat. In addition, it is recommended to purchase extra fans if you want to run several graphics cards during the mining process.
Be sure to stay current with the updates offered by the software you use. Mining software developers, digital currency wallets, and even mining pools will offer updates occasionally. This will help protect you from any vulnerabilities as well as potentially increase your efficiency as a miner.