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There are surprisingly many cryptocurrencies you can mine at home. Bitcoin is no longer feasible, but other coins are still doable. Especially those that can be mined with GPUs are the best targets.
Dogecoin has high liquidity and is easy to trade. Currently trading around $0.09, and it's attractive because there are many recommended mining pools to choose from. You can mine with a CPU, but GPU is much more efficient. AMD and Nvidia cards are fine. Joining a recommended mining pool like MultiPool can earn you much more than solo mining.
Ethereum Classic is also a good option. Since the standard Ethereum moved to PoS in 2022, ETC has become easier to mine. With a market cap of $1.26 billion, cashing out is also straightforward.
Monero is known for its privacy features and is designed to be ASIC-resistant, so even a home PC can compete effectively. XMR has risen to $327.91, and demand remains stable.
Zcash and Ravencoin are also suitable for GPU mining. Especially Ravencoin's KAWPOW algorithm is ASIC-resistant, making it ideal for individual miners. Beam is similar.
When choosing a recommended mining pool, look for ones with high processing power. Joining a pool for steady income is more realistic than solo mining. Electricity costs are crucial, so calculate that carefully before starting to avoid losses.
In reality, using high-end GPUs like the RTX 3090 can earn thousands of dollars per month. However, in a bear market, electricity costs can offset profits. During a bull market, profits are significantly higher.
When selecting a recommended mining pool, consider fees and stability. Trustworthy pools provide consistent earnings, and you should avoid scam-like cloud mining schemes—they're all scams.
Ultimately, if you want to earn seriously with GPU mining, set up multiple rigs and connect them all to a recommended mining pool. Proper heat and power management can make it a decent side income.