Most asked questions

What is Proof of Work (PoW) algorithm?

Proof of work (PoW) is a form of cryptographic proof that requires significant computational power. It was successfully used in Bitcoin cryptocurrency. There were many cryptocurrency algorithms invented.

What is Proof of Stake (PoS) algorithm?

Proof of stake (PoS) is a consensus mechanism designed to avoid the computational cost of PoW algorithms that work by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. There were many cryptocurrency algorithms invented.

What is the most profitable GPU for mining currently?

The most profitable GPU currently is RTX 4090. There are also other comparable options available.

What is the most profitable ASIC device for mining currently?

Currently, the most profitable ASIC device is Bitmain Antminer E9 (3Gh), produced by Bitmain. There are also other comparable options available in the market.

Which coin is the most profitable to mine?

This question cannot be answered directly as the answer changes over time, but currently, the most profitable coin to mine is MOAC. It gives the most profit if mined using the Bitmain Antminer E9 (3Gh) ASIC device. There are also other profitable coins available in the market.