Mining cryptocurrencies is incredibly expensive. You need to spend thousands of dollars to buy an expensive GPU (or ASIC) and its assembly, and even more to buy power supplies and other computer components. However, not all cryptocurrencies require this much hashing power.
The core of mining is solving complex mathematical problems. Each time a miner solves a complex equation, they receive a small “fee” for their effort. Mining is important because it helps verify transactions on the blockchain. However, the concept of diminishing marginal returns means that miners’ rewards decrease over time. However, if you have more than half a GPU, you can also mine it.
So here are the best cryptocurrencies you can mine at home in 2024.
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