What coins are profitable to mine with GPUs (GPU mining power ranking)
What coins are profitable to mine with GPUs? According to market trends, what co
What coins are profitable to mine with GPUs? According to market trends, what coins are profitable to mine with GPUs now? Currently, the mainstream mining machines are the Shima M30S or the Antminer S19 series. In the current market situation, there are almost no other options besides Ethereum. However, considering the high return on investment and increased market pressure caused by the rise in Bitcoin price, I personally recommend selling the GPU tokens in hand.
Because there are a large number of purchases and sales of GPUs and various products in the market, they provide better services to investors. However, these products are not worth buying and their prices are relatively low.
GPU mining power ranking
According to coinmarketcap data, as of May 13th, the total circulation of the top 100 coins in the GPU mining power ranking is 356,000. Currently, based on the Bitcoin price, it is around $21,000. In comparison, the price of Ethereum is about $3,000. According to statistics, in the first half of 2019, the fluctuation range of the average network mining power of Bitcoin was the largest at 14.7%. If we compare the current price with the transaction fees of Bitcoin single transactions in the past ten years (i.e. processing one block per second), we find that since April this year, the Bitcoin network has had an average of around $500,000 in small transfers per day.
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