Cryptocurrency Q&A
What coins can I mine with Genesis mining?
What coins can I mine with Genesis mining?
Carlo
Sat Jun 22 2024
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7 answers
1785
I'm considering getting started in cryptocurrency mining, and I've heard about Genesis Mining as a popular choice. However, I'm not sure which coins I can actually mine using their services. Could you please clarify which cryptocurrencies are supported by Genesis Mining? Are there any specific coins that they specialize in, or do they offer a wide range of options? I'm interested in both major coins like Bitcoin and Ethereum, as well as some of the more niche or up-and-coming cryptocurrencies. Your insight would be greatly appreciated as I navigate this decision-making process.
7 answers
KpopStarletShineBrightnessStarlight
Mon Jun 24 2024
These coins vary in value, difficulty to mine, and the algorithms they use, but X11 contracts are designed to be effective for all of them.
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ShintoMystical
Mon Jun 24 2024
On the other hand, SHA-256 contracts are focused on a different set of coins. Miners using SHA-256 can target Bitcoin, Darkcoin, Zetacoin, Dash, and Litecoin.
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Arianna
Mon Jun 24 2024
Mining cryptocurrencies through contracts is a popular method for individuals and businesses to obtain digital coins.
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Stefano
Mon Jun 24 2024
The choice of contract depends on the miner's goals and preferences. Some may prefer coins with higher market values, while others may prioritize coins that are easier to mine.
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Tommaso
Mon Jun 24 2024
It is important to note that purchasing mining contracts from any provider, including Genesis Mining, should only be done if it is profitable for the miner.
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