It’s a prevailing trend and can be described as a Goldrush. People all over the world are either mining or trading coin currencies. Cryptocurrencies such as Ethereum and Bitcoin are gaining positively in their growth because of these actions. If you are interested in mining at your home, then it is crucial to own a desktop or laptop equipped with mining hardware or GPUS.
Factors to Consider when choosing your preferred cryptocurrency, it is vital to consider the following;
- Duration- How long do you intend to mine? It may be 5-10 years
- The power of your computer- the mining process can be hectic to mid-level computers
- Gaming computers- these desktops have both powerful graphics and GPU and will be crucial in the world of cryptocurrency
- Choose the right graphic cards for mining- the Radeon GPU is believed to be the best in this process
The following coin currencies are considered the best mining using your desktop;
Ethereum
For successful mining of Ethereum, you should consider downloading two applications; Geth and Ethminer. Apart from these, the presence of a dominant GPU with more than 1 GB memory allocation will be prudent before your mining process.
According to CryptoCompare, there are various steps of downloading and installation to be considered. These measures ensure that you create your address and password. Geth is an application that automatically communicates with your Ethereum network, while Ethminer is the mining software. With these apps and programs, you can start trading with Ether within 15 minutes of successful installation.
Bytecoin
Mining the coin currency is easy when you install MinerGate software on your desktop. This software is free to use and incorporates GPU and CPU features that automatically selects the best coin currencies in the market.
It is crucial to have a wallet to store your BCN coins before any purchase. There are a few steps that should be considered for the successful creation of your purse. These steps are explained at buybytecoin.com.
Memorycoin
To mine this coin currency on your desktop, it is vital to download an application known as Speccy. This app will help you see the kind of hardware that runs on your computer. You can achieve an optimum mining by using a 64-bit system. The incorporation of
“Advanced Encryption Standard New Instructions (AES-NI)” in your PC will increase the speed of mining Memorycoin
Trading with this Memorycoin is quite simple. First, you are required to download your wallet to store your coin during this process. Secondly, you need to synchronize your desktop to Memorycoin’s Network where you will receive an address for accepting payments.
Fantomcoin
You need to use a Fantomcoin wallet to facilitate efficient mining and trading. It enables the user the flexibility of both GPU and CPU mining. Furthermore, it allows you trade in other coins such as Monero XMR, Bytecoin BCN, and Quazarcoin through a unique feature known as FCN merged mining.
Monero
This coin currency can easily be mined on your personal computer. With Cryptonnote AMD GPU miner and an AES-NI, you can trade Monero XMR efficiently. You will be required to allow the AES-NI manually in your BIOS to optimize the speed of mining. The AES encryption speed will be directly proportional to your existing coin mining rate in your pc.
The process of mining giant cryptocurrencies such as Bitcoin can be hectic and may need super powerful computers. The above currencies are flexible and can be created and traded in the comfort of your home. They are exclusively the best alt-coins that you can invest in using simple and practical applications. With continuous trends in the crypto market, Ethereum has proved to be more flexible and accessible than Bitcoin.
