If you are just getting into the world of cryptocurrencies, you should know that nowadays it is no longer a profitable option to mine Bitcoin at home, unlike in the beginning, when it was possible through laptops and desktops.
But that does not mean that if the high prices of cryptocurrency investment overtake you, you cannot opt for a profitable home cryptocurrency mining operation, at least discarding Bitcoin especially since the advent of Application Specific Integrated Circuit (ASICs) hardware.
For this, you should know that originally cryptocurrency mining by CPU (Central Processing Unit), but its limited processing speed caused it to switch to GPU (Graphics Processing Unit), which improves speed and accuracy thanks to its immense power potential.
What is needed to mine cryptocurrencies with GPU?
- Free mining software package.
- Free private database; your wallet will store all your earnings and allow you to view all your transactions.
- Membership in an online group. Basically, you must join the community of expert miners in combining their computers to ensure consistency of income and earnings.
- Membership in an online currency exchange.
- Custom-built computer for hassle-free mining.
- A specialized processing device or graphics processing unit (GPU) from ATI.
- Extensive research and development.
What cryptocurrencies can be mined in 2022?
Ruling out Bitcoin as a good option for mining cryptocurrencies, there are several cryptocurrencies with which you can multiply your investment in a few months and here are 10 of them.