In 2019 I would rather prefer Altcoin mining than Bitcoin mining !
Altcoin Mining : Do you know that it is more profitable to mine altcoin than bitcoin ?
If you only invest in the Bitcoin and looking for altcoin for some short-term profits, you can also take short-term advantage through cryptos such as ETH, ETC, XMR………etc…..Easy !
Bitcoin is now part of the everyday life, although many people still do not fully understand its work mechanics.
Most people are not aware of the scope in the cryptocurrency sector and also about investment in Altcoin mining.
People think that the mining competition is very intense. But the truth is, you can also start extracting some altcoins from your home if you have a computer.
Now Bitcoin is very far to mine for small investors. It is like pushing a mountain with your small hands.
But if you are a small investor who wants to dive for the first time in crypto-mining, do not worry because this mining is not limited to bitcoin as there are many altcoins out there to mine as well.
Know why altcoins are best to mine !
Altcoin means “alternate for Bitcoin”, it is also a digital currency. It is a substitute for Bitcoin”. Altcoins are created by extending the basic rules of Bitcoin or developing a whole new currency.
2019 Five Good Altcoin Mining options
Now there are thousands of Cryptocurrency in market which offers a good opportunity to profit from mining.
Although by market capitalization Ethereum is the Second or third largest cryptocurrency, it is also for minors with graphics cards.
This is mainly due to the extreme decentralization of the Ethereum network. Crypto mining Ether will be profitable in 2019 as expected.
Another advantage of mining ETH is that Ethereum is one of the biggest blockchain projects and therefore probably will not disappear soon.
Ethereum supporters even expect Bitcoin to be the first cryptocurrency to be passed on.
Monero oscillates between profitability and small losses. So, you want to keep an eye on whether it’s profitable for you at all times.
The benefit to monero and one of the reasons it’s still relevant for 2019 is that it’s the most privacy-friendly altcoin and the tenth largest market capitalization.
Many of the first blockchain users, such as monero, are responsible for their privacy and anonymity.
It is also popular with GPU users as the monero development team is working to maintain monero’s resilience to ASICs.
They are so committed in this direction that they modified their algorithm early in 2018 in response to the ASIC system that Monero can exploit.
This is another reason why you will enjoy mining this Altcoin in 2019. You can be sure that it will always be accessible to homeworkers with a simple GPU.
Since the start of Bitcoin in 2008, Zcash has become one of the newest coin of crypto currency blocks. Over the years, many cryptocurrencies came from all over the world and were inspired by bitcoins, like Zcash.
Zcash provide additional security or protection when all exchanges are distributed on a blockchain, but key elements such as sender, recipient and the total remain confidential.
With Zcash, users can also send public payments that work in the same way as Bitcoin. By supporting protected and transparent addresses, users can send Zcash privately or publicly.
Payments sent from a protected address to a transparent address reflect the balance received, on the other hand payments from a transparent address to a protected address protect the value received.
Zcash uses zero Knowledge Certificates, in short one person (the prosecutor) may prove to second (the verifier) ?? the accuracy of an assertion without showing information that goes beyond the validity of the statement itself.
If you only want to use Zcash, you can shop online through a stock exchange or you can mine it.
As You know ZenCash renamed to Horizen, it was just a brand new image.
It’s actually an extension of the brand. This is one of the steps in a series of updates to improve the project and open a new acceptance chapter.
Although the new name does not change the legacy or ZEN’s goal, it represents a refreshing opportunity to connect the project to new technologies.
Zencash is fork of ZClassic, which is a same as the ZCash coin.
In year 2014, VTC created as a decentratized crytpocurrency i.e. Vertcoin, VTC is an open source altcoin.
VTC secures the network and verify transactions by using proof-of-work mechanism.
David Muller founded the Vertcoin in early 2014. He uses Bitcoin concepts as a basis & doing some modifications.
Vertcoin, is decentralized by penalizing ASIC miners. It has one click software to mine the coin.