What is the most profitable coin to mine?

Alfonzo Wieczorek asked, updated on December 5th, 2020; Topic: most profitable cryptocurrency to mine

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What makes a cryptocurrency profitable to mine?

ZCash (ZEC) ...
RavenCoin (RVN) ...
Monero (XMR) ...
Litecoin (LTC) ...
Electroneum (ETN) ...
Dogecoin (DOGE) ...
Ethereum (ETH) Ethereum needs no introduction. ...
Bitcoin (BTC) Despite the high costs attached to Bitcoin mining, BTC remains a top choice for miners worldwide.

Whence, how long can a transaction be unconfirmed?

If your transaction is unconfirmed, usually you just need to wait. Most transactions get completed within a day or two (or more if the blockchain is overloaded). In rare cases, transactions with a low or absent fee may get stuck in unconfirmed status for over a week.

As well as, why is my Coinbase transaction pending for days? Coinbase runs its own digital currency nodes that communicate with the rest of the network. When you initiate a transaction, we broadcast it to the rest of the network so it can be confirmed. ... This can cause transactions to remain in the "Pending" state for longer than normal.

Also be, can I mine litecoin on my laptop?

Hence we are finally able to mine Litecoin mining on a laptop. Running the same operation using miners and sophisticated hardware can generate some extra income, the scope of the mining we have discussed in this article is purely educational and will make no financial sense to do so.

Is it good time to buy litecoin?

Yes, now is a good time. Nowhere near ATH and pretty important developments coming up. If you are long BTC, then it is a relatively safe bet to be long LTC as well. Litecoin has to be your best bet for the next generation of android users.

4 Related Questions Answered

Will OMG coin go up?

Its data shows that the price has been stable since the Omise ICO. It seems unlikely that the price of OMG coin will go up or down suddenly.

Is litecoin mining still profitable?

Is Mining Litecoin Profitable? Yes. If you have the right setup (i.e. low electricity cost and a cool environment) it's still profitable to mine Liteocin.

Is litecoin expected to rise?

As a long-term investment, it projects that Litecoin could perform much better. According to its predictions, the value of the Litecoin LTC could rise to $75 by the very end of 2020, rising to $160 in 2021, and achieving a mean price of $5500 by 2025.

Can I mine litecoin on my phone?

Cryptocurrency mining applications for Android generate incremental Bitcoin, Litecoin, and Ethereum in the background. They won't make you rich overnight, but they're a great way to put your idle smartphone to good use.