Getting Started
In most blockchain protocols, “miners” are the participants on the network that do the work necessary to advance the blockchain and maintain its validity. For providing these services, miners are compensated in the native cryptocurrency.
The term “miner” emerged in the initial Proof-of-Work era, comparing the work done by hardware miners using computational power to secure blockchains with that of gold miners who expended vast physical resources for a chance at a large payout.
Mining Bitcoin varies from other blockchain protocols. For example, Filecoin works quite differently – instead of contributing computational power, miners contribute storage capacity to be used in deals with clients looking to store data. You can also mine Ethereum, Ergo, Raven Coin, Conflux, Ethereum Classic, and a variety of other coins listed below:
“Proof Of Work” Cryptocurrencies That You Can Mine Today:
- Bitcoin (Difficulty – High, Hardware – ASIC)
- Ethereum (Difficulty – Medium, Hardware – GPU)
- Ethereum Classic
- Ergo
- Raven Coin
- Monero
- Bitcoin Gold
- Dash
- Conflux
- Dogecoin
- Litecoin
Resources
- https://minerstat.com/
- https://hiveos.farm/
- https://www.nicehash.com/
