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Sunday, 1 May 2016

Easiest currency to mine with your CPU or Mobile phone.

As per my observations, it is difficult to mine digital currency with your average computer at home. Bitcoin mining is in the hands of corporate now, as it requires too much capital investment in high capacity hardware at current difficulty level. My intention is not to discourage you people, who still just want to taste how mining done. Although there are still type of currency available which you can mine with your ordinary computer and collect some coins.





But you might notice that those currency has no value at current market exchange rate. Let me remind you that when Bitcoiin, Litecoin, Dodgecoin etc.. started, neither has value at that time. But people who were interested in mining still keep on doing it and imagine whoever collect few hundreds of Bitcoin at that time and save them still in their wallet. (100 coin* $ 445 appx = $44500). So just mine some coins which are not well known right now and easy to mine and keep it in your wallet in the hope of increase of that coin in value in future. You just need to consume some electricity and get some coin. It is not necessary to waste your electricity, just start mining whenever you turn your computer on, software will mine some coin in background with use of free capacity of your processor. At the end results you will see some coin in your wallet over the period of time. For your convenience I will discuss some easy to mine coin in my next blog.

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