Which crypto mining is the most profitable
Last Updated: 17 February 2025
Crypto mining is constantly undergoing changes: difficulty increases, algorithms change, and more powerful and efficient equipment emerges. Nevertheless, mining digital assets remains a profitable endeavor for those who can properly analyze the market and choose lucrative coins.
What to consider when choosing profitable coins for crypto mining?
There are many coins available for mining, so choosing the most promising asset can be challenging even for experienced crypto enthusiasts. Therefore, it's essential to analyze cryptocurrencies considering the following factors:
- Цена майнинга. Под этим подразумеваются все расходы, которые несет майнер, а именно стоимость оборудования (с учетом обслуживания) и электроэнергии, цена слотов в пуле и комиссия пулов (для майнинга в пуле) и пр.;
- Coin potential. This indicator is calculated taking into account the market price of the cryptocurrency, the time to mine a new block, the prospects of the project itself, the popularity of the asset in the community, dependence on external factors, etc.;
Mining difficulty. On this side, it's necessary to assess the level of computational power required to mine a new block. If many miners are participating in the blockchain, it will be more difficult to mine the coin. This characteristic can also change depending on the specific functioning of the network. For example, in Bitcoin, the mining difficulty is adjusted every 2 weeks — it either decreases or increases.
In the case of cryptocurrency mining, it should also be considered that the equipment wears out quickly, which requires additional expenses. Therefore, solo miners find it more profitable to join pools, which can be found on centralized cryptocurrency exchanges, for example. Cloud mining can also be an alternative.
Overview of Promising Coins for Cryptocurrency Mining
To achieve a decent income, you need to choose the right cryptocurrency for mining. We have compiled a list of coins that are currently being actively mined by the crypto community. To make an informed choice, we recommend studying the features of the blockchains you are interested in, reviewing current feedback, and calculating potential profitability, for example, using specialized mining calculators.
Bitcoin (BTC)
Награда за блок — 3.125 BTC.
Block addition time - 10 minutes.
Bitcoin has been and remains the king of the crypto industry. Its high price, enormous community support, and versatility make BTC mining one of the most attractive activities in the sector. Currently, mining new coins requires powerful ASIC computing hardware adapted to the SHA-256 algorithm. These are quite expensive setups, so investments in BTC mining can be substantial.
Currently, Bitcoin mining is practically inaccessible to solo newcomers due to the high difficulty. Therefore, many miners join pools, combining their efforts. Mining BTC is promising due to the stability of the cryptocurrency and its consistent growth. However, this requires a significant initial capital as well as access to inexpensive electricity.
Litecoin (LTC)
Block reward — 6.25 LTC.
Block addition time - 2 minutes 30 seconds.
Litecoin is built on a lightweight source code of Bitcoin, which made the cryptocurrency, released in 2011, more scalable, faster, and cost-effective. If Bitcoin is referred to as digital gold, then Litecoin is the silver. The blockchain also relies on the Proof of Work consensus algorithm, but it uses the Scrypt hash function, which is less demanding on hardware than Bitcoin's SHA-256. Initially, it was possible to mine on computers, but now it is economically inefficient, so ASICs are necessary here as well.
Dogecoin (DOGE)
Reward per block — 10,000 DOGE.
Time to add a new block — 1 minute.
Mining DOGE is profitable because it does not require expensive equipment and consumes little energy. Low costs and a good coin-to-mining value ratio make it attractive for both beginners and those looking to diversify their crypto investments.
Kaspa (KAS)
Награда за блок — 69.3 KAS (slowly decreasing every month).
Time to add a new block — 1 second.
Kaspa is a promising cryptocurrency for mining thanks to BlockDAG technology, which ensures high transaction processing speeds and stable network operation. Its KHeavyHash algorithm allows for efficient coin mining on graphics cards (GPU). Specialized ASIC miners are not yet widely available on the market, so mining remains accessible to a broader audience for now.
Unlike Bitcoin, Kaspa requires less energy consumption, which reduces mining costs. The high network throughput and low fees make this coin attractive for both miners and users, ensuring stable demand for the mined coins.
Dash (DASH)
Награда за блок — 1.91 DASH.
The time to add a new block is 2 minutes and 40 seconds.
The Dash coin was launched in 2014 as an alternative to Litecoin with enhanced characteristics of anonymity and transaction speed. The technologies used make the blockchain more efficient and productive. It operates on the X11 algorithm, which employs multiple cryptographic methods to ensure security while also helping to reduce energy consumption.
Mining is only possible on ASIC, as graphics cards do not provide adequate performance. However, cryptocurrency requires less computing power. The ratio of price to mining costs is quite favorable, making Dash mining attractive for miners looking to achieve stable income with relatively low investment levels.
ZCash (ZEC)
Reward per block — 3.13 ZEC.
Block addition time — 1 minute 15 seconds.
The cryptocurrency ZCash was launched in 2016. Its main feature is the high level of transaction privacy, which makes the coin valuable for those who prioritize maximum privacy. This is why mining ZEC is profitable in the long term: despite the relatively small block reward, it should be taken into account that the coin's price may rise due to an influx of investments in the technology, which will offset the costs of ASIC investments and electricity.
Horizen (ZEN)
Reward for block — 3.125 ZEN.
Time to add a new block — 2 minutes 30 seconds.
Horizen
— is a cryptocurrency that stands out from others due to its full end-to-end encryption, ensuring a high level of transaction privacy. The project utilizes a unique reward distribution model: the block reward is shared among miners (60%), node operators and super-nodes (10% each), and DAO, which means participants managing the project (20%). This reduces the share of miners in the overall profit. Overall, mining Horizen is profitable for those who are ready to invest in powerful equipment and are focused on the long-term growth of the network and the coin.Monero (XMR)
Награда за блок — 0.6 XMR.
Time to add a new block — 2 minutes.
Currently, Monero is considered one of the easiest coins to mine. The blockchain operates on the RandomX algorithm, which is resistant to ASIC. This means that the coin can be mined with a computer, utilizing the computational power of the central processing unit (CPU), or with graphics cards (GPU). XMR is quite expensive, ranks in the top 4 cryptocurrencies by market capitalization, and does not require large initial investments for mining. Its extraction is of interest not only to miners but also to blockchain users, which provides them with complete anonymity and transaction confidentiality, increasing the popularity of Monero.
Ethereum Classic (ETC)
Награда за блок — 3.2 ETC.
The time to add a new block is 13 seconds.
After the Ethereum protocol upgrade from PoW to PoS, traditional mining of this coin became impossible. Its upgraded version, Ethereum Classic, has emerged, which can be mined using the same resources that were utilized for ETH. Mining can be profitable for those who already have an ASIC specialized for the Ethash algorithm. Otherwise, other options can be considered.
Grin (GRIN)
Block reward — 60 GRIN.
The time for adding a new block is 1 minute.
Grin cryptocurrency operates on the Mimblewimble consensus mechanism. The blockchain integrates multi-signature transactions, as well as sum and time-locked transfers. This ensures complete anonymity for participants. A distinctive feature of Grin is that the coin supply is unlimited. Developers periodically reduce the block addition reward size to curb inflation.
To start mining, you will need the Grin system, which combines the eponymous cryptocurrency wallet and corresponding software. Currently, this cryptocurrency is attracting interest due to its simplicity and active community support, so the profitability of mining it can be quite good in the long term.