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Top 10 Most Profitable Coins to Mine in 2021

Author: Bitfufu Hk
by Bitfufu Hk
Posted: Feb 06, 2021

A cryptocurrency is a digital currency having no physical significance. The currency is secured by cryptography and is based on the technology of blockchain. A blockchain is a system of recording information that makes it impossible to change, hack or cheat the system.

A cryptocurrency is different from any physical currency such as dollars or rupees. This type of currency is not issued by any centralized agency or government and free from manipulation. Cryptographic forms of money face challenges for various reasons, including their utilization for criminal operations, swapping scale instability, and the foundation's weaknesses. Although at the same time, they have been applauded for their transportability, distinctness, transparency, and inflation resistance.

Cryptocurrency removes the problem of modern banking. These are free from any fraudulent activity, the funds for transferring are limitless, and almost no chances of your account being hacked. In the market, there are hundreds of cryptocurrencies, and a new one pops out every day. Though it increases the choices, it also raises the issue of deciding the appropriate one for investment. The article gives you an idea of the topmost profitable coins.

  • Bitcoin- The first and the origin of cryptocurrency that was developed by a group of people using the name Satoshi Nakamoto. The curve of prices of the cryptocurrency is peaking. The cost of each bitcoin has crossed the mark of 30,00 US dollars. It has the biggest name in crypto that gives its worldwide acceptance making it the best cryptocurrency.
  • XRP or Ripple- A cryptocurrency that offers immediate transactions, unlike bitcoin, which could take up to an hour for a single transaction. It is one of the best cryptocurrencies and shares the top place among its other competing cryptos.
  • Ethereum (ETH) – The currency is known as ether. It is one of the most popular cryptocurrency, with a market cap approaching 139 billion dollars. Its place is next to bitcoin in market share.
  • Bitcoin cash (BCH) could be considered a lite version of bitcoin that offers faster and frequent transactions with lower fees. It is less popular than its parent, but its scalability has incredible potential growth, which puts the crypto in the top 10.
  • Litecoin (LTC)- One more version of bitcoin lite that offers faster and frequent transactions. For mining bitcoins, specialized hardware and computing power is required. The problem doesn't go with Litecoin, making ordinary PCs suitable for the job too.
  • Dash- Another digital currency that ensures peer-to-peer transactions. It also allows quick cross-border transactions. It expects a low transaction fee from transacting parties that could significantly boost demand shortly.
  • Tron- A blockchain-based working framework permits engineers to assemble modern decentralized applications, brilliant agreements, and so on the blockchain.
  • ICON- One of the projects to work on the concept of blockchain interoperability that allows users to connect and transact with each other. It runs on a common-purpose blockchain based on proof-of-stake agreement and can be used for smart contracts and decentralized apps.
  • TTN- Similar to any other cryptocurrency with a uniqueness of presence of actual use cases. The TTN project works as an ecosystem that includes a range of useful tasks and mobile apps.
  • ZRX- A decentralized exchange of token providing crypto with a range of digital assets on Ethereum blockchain.
About the Author

BitFuFu is the world 1st mining hashrate standardization platform to provide users with cloud mining services. BitFuFu provides combinations of long and short hashrate plan duration with competitive pricing.

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Author: Bitfufu Hk

Bitfufu Hk

Member since: Feb 02, 2021
Published articles: 1

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