The most profitable cryptocurrency's to mine

in cryptocurrency •  8 years ago 

1.{Bitcoin}

Bitcoin (BTC) is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. 


2.{Ethereum}

 Ethereum is a digital currency used for operating smart contracts on the Ethereum network. Like Bitcoin, the Ethereum network and Ether tokens are not controlled or issued by any bank or government - instead it is an open network which is managed by its users. 


3.{Ethereum Classic}

 Ethereum (ETC) Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference


4.{Z-cash}

 Zcash (ZEC) is another Cryptocurrency like bitcoin but with a few different features. Like Bitcoin it is based on a decentralized blockchain but allows for anonymity behind transaction amounts and parties involved. In Bitcoin if you know someone's address you can follow their transactions and you can see which all the addresses and their transaction amounts - so its quite clear how much money is moving around, with ZCash all the information is encrypted. 


5.{Monero}

 Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralization and scalability. Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and possesses significant algorithmic differences relating to block chain obfuscation. 

6.{Litecoin}

Litecoin (LTC) is an electronic currency supported by the P2P network, and an open source software project published under the MIT license. 


7.{Ripple}

Ripple (XRP) is a project based on a small free software that pursues the development of a credit system based on the peer-to-peer paradigm. Each Ripple node functions as a local exchange system, so that the whole system forms a decentralized mutual bank.


8.{Nxt}

 Nxt (NXT) is an open source cryptocurrency and payment network launched in November 2013 by anonymous software developer BCNext.


9.{Dash/Digital Coin}

 Dashcoin (DSH) is an automatically mutating anonymous cryptocurrency. Dashcoinis a Next generation anonymous cryptocurrency and the first automatically mutating cryptocurrency created with CryptoNote tec

10.{Ubiq}

 Ubiq (UBQ)is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries. 


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