1. Monero (XMR) Monero (XMR) is one of the easiest cryptocurrencies to mine using a home computer. Monero is based on the CryptoNote protocol and utilizes the RandomX hash function to create increasingly complicated mathematical equations.
Read moreIs Bitcoin miner a virus?
What kind of malware is BitCoinMiner? BitCoinMiner is a generic name of cryptocurrency-mining viruses . On first glance, the name suggests that these viruses mine only Bitcoin cryptocurrency, however, cyber criminals also attempt to mine other cryptocurrencies, such as Monero, Ethereum, etc.
Read moreAre Bitcoin miners illegal?
You may want to look into local regulations where you live, but for now, bitcoin mining is legal in the U.S. and most other countries .
Read moreIs bitcoin mining legal in the US?
There are few, if any, jurisdictions in the U.S. where possession of cryptocurrency is illegal . Plattsburgh, New York, however, is likely the only city in the U.S. to impose a ban (temporary) on cryptocurrency mining. Also, the U.S. Marine Corps banned crypto mining apps from all government-issued mobile devices.
Read moreHow do Beginners mine bitcoins?
Bitcoin mining for beginners: A step-by-step tutorial on how to mine Bitcoins
Read moreIs renting a mining rig profitable?
Mining or renting isn’t profitability and a waist of energy. Unless you want to speculative mining of a coin and do low cost mining. Cryptocurrency mining is considered to be one of the most profitable businesses in the modern era.
Read moreHow much can a mining rig make?
Profitability of mining If the rig runs at full capacity with all six GPUs, it can earn about 0.348 ETH/month , which, at this week’s peak price, is roughly $1,522. Mining rigs require quite a bit of power, so electricity cost is a big factor when computing whether mining can be a profitable venture.
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