What is the most profitable Altcoin to mine?

Bitcoin mining can still make sense and be profitable for some individuals . Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about $10,000. In an effort to stay competitive, some machines have adapted.

For those looking to mine new altcoins, you should know that it’s significantly easier than mining Bitcoin . This is because the current network hash rate for mining Bitcoin is exceedingly higher than many altcoins. With a lower network hash rate, the mining process tends to be quicker.

Bitcoin is still the most profitable coin to mine with an ASIC, but not GPU. Bitcoin GPU mining is not profitable currently even with a mining pool. But you can mine with pools that allow you to contribute the hash rate to mine other crypto and get rewarded in Bitcoin.