What Cryptocurrency Can You Mine in 2023

Cryptocurrency mining drives blockchain network development. Miners earn a “fee” for solving difficult mathematical equations. Mining verifies blockchain transactions. Home cryptocurrency mining doesn’t require an ASIC or the latest GPU. Not all cryptocurrencies require high hashing power, so buying pricey GPUs (or ASICs) and configuring and powering them with extra computer parts might be expensive. You can still mine with a decent GPU.

This article explores cryptocurrencies and lists the top ones that can be mined in 2023. We will explore what makes different cryptocurrencies appealing to miners, from established giants to prospective newcomers, and the possible benefits and drawbacks. This article will help rookie and professional miners understand cryptocurrency mining in 2023.

Top Cryptocurrency You Can Mine in 2023

Grin

Grin is a privacy coin that can be used to make confidential transactions between parties. It’s ideal for businesses that want to operate anonymously. The Grin blockchain ensures privacy by restricting public access to details such as the amount sent and the sending and receiving addresses. Grin uses the MimbleWimble algorithm to preserve the confidentiality of transactions and make them easier to scale.

Key Features of Mining Grin

Mining: GPU mining tools like Gminer, GrinGoldMiner, Cudo Miner, and lolMiner, which you can get for free, can be used to mine Grin. GrinGoldMiner, for example, is an open-source software you can download from GitHub. For a detailed step-by-step guide on how to mine Grin using GrinGoldMiner, here’s a helpful guide on coingecko.

Mining Pools: 2miners and F2pool are two mining pools that allow Grin mining. Each pool may have different rates for mining and other rewards.

Solo Mining: You can also use ASICs to mine Grin independently.

Lightweight and Scalable: Grin is light because it uses the MimbleWimble protocol. Instead of transactions, it grows via users.

How to use a GPU to mine Grin

1. Get a Grin wallet, like the Grin++ wallet, and set it up. You can also look into other wallets like Samourai, BreadWallet, and GreenAddress.
2. Learn more about Grin mining pools and join one or more. You could try solo pools like Aeternity SOLO, MimbleWimbleCoin SOLO, Cortex SOLO, or GRIN SOLO. Install mining tools like Gminer, IolMiner, or GrinGoldMiner on your GPUs.
3. Set up the software for mining by changing the settings in the.bat files and then starting the miner. This step makes sure that your mining software is set up correctly so that your GPUs can be used to mine Grin.

Monero (XMR)

Monero (XMR) is very easy to mine at home. Monero focuses on privacy. It uses the CryptoNote protocol and the RandomX hash function. You can choose to mine independently or join a mining pool, where your computer’s resources work with those of others to mine XMR.

Regular rewards can be obtained by joining a mining pool. However, there is a membership charge. Alternatively, you can choose to mine alone. However, this can sometimes take months, as a high hash rate is needed to find a block. A CPU and a GPU can mine Monero, though GPUs are usually more effective. Software specifically designed for CPU mining, such as XMRig or CSminer, is required.

Monero mining does not require ASICs and specialized and expensive mining equipment. This is one of its significant advantages. Because of this, all miners use low-quality equipment, leveling the playing field for mining competition.

Key Features of Monero Mining

Cost-Effective Mining: People who don’t have much money can still mine Monero because they don’t need to spend much money on CPUs. Also, mining Monero with CPUs uses less power, meaning less energy is used.

Payment Frequency: Monero gives about 1 XMR every 24 seconds as payment for mining. Miners get a steady flow of money from this regular reward release. On average, miners get about 4.99 XMR as a prize.

Options for mining: Monero can be mined alone (solo) using GPUs, which are suggested for best performance. Miners can also join mining pools, where resources are shared to make mining more efficient and give out prizes more often. MineXMR.com, SupportXMR.com, xmr.nanopool.org, and monero.crypto-pool.fr are good mining pools for Monero.

How to Mine Monero with GPU

Buy a GPU and build your mining rig: Connect a Monero-mining GPU to your motherboard and other devices. Assemble and connect your rig.

Create a Monero wallet: Pick one that meets your needs. Start with MyMonero or Monerujo. Ledger Nano X and Trezor Model T hardware wallets provide additional security.

Join a mining pool and connect: Join MineXMR.com, SupportXMR, xmr.nanopool.org, or Monero.crypto-pool.fr. Register on the pool’s website and get the details. The required details are the pool mining URL, Monero wallet address, password, and worker name standard. Enter these details in your mining software. Install GPU-supported Monero mining software. XMRig and XMR-STAK are popular. Configure the software using the pool details.

Start mining: Run the mining software and connect to the pool. Your GPU will solve cryptographic challenges and mine Monero. You’ll start mining with the pool and receive rewards in your Monero wallet.

Litecoin (LTC)

Mining Litecoin is a good idea because many people use it, and it uses the Scrypt system, so you don’t need expensive ASIC chips. GPUs are preferable for Litecoin mining due to memory requirements. The fact that LTC is less volatile than a lot of other coins makes it appealing to mine.

Litecoin is accepted on major platforms and has a minimal transaction fee. This gives a sense of security against sudden price drops, even though, as with any coin, the market can change unpredictably. Litecoin’s cheap transaction fee is another thing that entices miners.

Essential Things to Know About Mining Litecoin

Block Mining and Reward: It takes about 2.5 minutes to mine a block on the LTC blockchain, so transactions are completed faster. The block reward is 12.5 LTC per block, but this prize will drop in half every four years.

Mining software: Many kinds of mining software can mine LTC. Easy Miner, MultiMiner, GUIMiner Scrypt, CPUminer, CGminer Litecoin, and Awesome Miner are some of the most common options. Miners can move from CPU mining to GPU mining, which is more efficient, with the help of these software programs.

ASIC Mining: People who use ASIC miners usually already have the necessary software setup on the hardware. If you don’t have one, use free ASIC and FPGA miners to mine LTC.

Mining Pools: There are many places where you can mine Litecoin, like Litecoinpool, MinerGate, LTC.top, Antpool, F2pool, and ViaBTC. By joining a mining pool, miners can combine their computing power and make it more likely that they will get regular rewards.

Metaverse (ETP)

Metaverse is used on a blockchain-as-a-service (BAAS) platform as the main currency. This public platform is open-source. It has infrastructure for digital identities, assets, properties, and oracles that can be used to meet different corporate and social needs.
Mining this coin gives you a chance to do well. You can make more money by quickly turning your ETP (Metaverse’s currency) gains into other coins. It’s a great opportunity to maximize your Metaverse investments.

How to Mine ETP

• You’ll need to start by creating a wallet. You can do this by using an online service like BlockEQ or getting the official Metaverse wallet from the website.
• Once you’ve set up your wallet, you must add some ETP. You can buy it on an exchange.
• You can start mining as soon as you have ETP in your wallet. Once the miner is set up, open it and enter the address of your wallet.
• Then, choose how many threads you’d like to use and click “Start Mining.” All done! On the Metaverse blockchain, you are now mining ETP.

Ethereum

To mine Ethereum profitably, you need a GPU, which gives you the computing power you need. It takes about 63.7 days to create one Ethereum with a fast GPU miner. But, as with most other cryptocurrencies, your chances of consistently getting rewards are better if you mine as part of a pool.

Ethereum mining features

Proof of Work Algorithm: GPUs are needed to mine Ethereum (ETH) using the PoW algorithm. Fast GPU miners can mine one Ethereum in 63.7 days. Pool mining, like other cryptocurrencies, usually yields more consistent returns.

Block Generation and Reward: Ethereum builds blocks in seconds, speeding transaction confirmations. Each block mined earns 2 ETH + transaction fees.

GPU Mining Software: ETHminer, CGMiner, WinEth, BFGMiner, Geth, EasyMiner, T-Rex, and Lolminer are used for mining ETH. GPUs are best for Ethereum mining since CPUs are unprofitable.

Mining Pools: Joining an Ethereum mining pool boosts your chances of receiving rewards regularly. Ethpool, NiceHash, Nanopool, and Dwarfpool are popular Ethereum mining pools. Miners can increase their chances of mining blocks and collecting rewards by pooling computational power.

Dash (DASH)

Dash was first released in January 2014 under the name Xcoin. In March 2015, it was renamed Dash. Dash allows users to transmit and spend money anywhere, anytime. Using PrivateSend and InstaSend, this coin aims to make international money transfers simple and secure.

Dash is one of my most valuable coins, so it can be very profitable to mine in 2023. However, your mining device’s hash rate, power consumption, and network availability affect profitability. The Antminer A3 from Bitmain is considered the best Dash ASIC miner.

Ethereum Classic (ETC)

ETC is an open-source coin. You can easily mine it at home. It differs from Ethereum because it uses a mining method called EtcHash that is slightly different from Ethereum. Ethereum Classic adds more support for smart contracts and private apps, which can be used in many ways.

To mine this cryptocurrency successfully, you need a powerful GPU. Ethereum Classic’s block rewards are set at 3.2 ETC, which makes it a good coin for people just starting in mining.

ETC Mining Keypoints

GPU Mining Software: Ethminer, Claymore Miner, FinMiner, GMiner, and NBMiner can efficiently mine Ethereum Classic (ETC). Cruxminer, lolMiner, Nanominer, NBMiner, and OpenETC Pool can also mine ETC.

Mining Pools: Nanopool.org, 2Miners, Ethermine, f2pool, and P2pool are ETC mining pools. Miners might boost their chances of winning by joining a mining pool.

VPS Server Mining: VPS servers can mine Ethereum Classic and GPUs. This allows miners to use their server infrastructure for mining.

Ethereum Classic miners receive 3.2 ETC per block. Miners are guaranteed block payouts every 10.3 seconds.

How to Mine Ethereum Classic

Install your GPU: Get an Ethereum Classic GPU. Following the manufacturer’s instructions, install and configure the GPU on your computer.

Ethereum Classic mining software installation: Choose Ethereum Classic mining software. Claymore Dual Ethereum, Ethminer, MinerGate, GMiner, and NBMiner are popular. Install your preferred mining software by following the instructions.

Register mining pool website: Find an Ethereum Classic mining pool. xnpool, Ethermine, 2Miners, F2Pool, Nanopool, and MiningPoolHub are choices. Joining a mining pool increases your chances of winning by combining your mining power with others. Connect your mining software to the pool. This configuration depends on your mining software. Most mining software requires a wallet address to receive Ethereum Classic. Atomic, Coinomi, MyEtherWallet, and hardware wallets generate wallet addresses. Set up your wallet address with your mining software.

Start mining: After the previous steps, you can mine Ethereum Classic. Connect your mining software to the pool. Your GPU will perform challenging mathematical problems and secure the Ethereum Classic network. Your wallet address will receive Ethereum Classic coins for mining.

Monitor your mining operations and update your software and drivers for maximum performance. Mining costs electricity, so keep your hardware cool.

Dogecoin (DOGE)

Like Litecoin, DOGE mining uses the Scrypt protocol, which makes the mining situation more competitive and fair. But it’s essential to remember that you can’t mine Dogecoin on a gaming laptop. To mine Dogecoin successfully, you can use tools like GUIminer or CudaMiner and a powerful GPU and CPU. This combo is vital to getting the results that Dogecoin miners want.

How to Mine Dogecoin with GPU

1. Install a GPU.
2. Install GPU-mining software like CudaMiner, CGMiner, or EasyMiner.
3. Create a wallet using Dogecoin.com, Trust Wallet, Dogechain, etc.
4. Configure your device for a Dogecoin mining pool. Aikapool, Litecoinpool, 1CoinPool, Multipool, and Prohashing are popular Dogecoin mining pools.
5. Run the mining software on your computer connected to the mining pool. Dogecoin is mined using your GPU.

DigiByte (DGB)

Due to its high mining rewards, the Digibyte coin sticks out as a choice that could be very profitable. Even more appealing is that it can be mined using an ASIC, a GPU, or a CPU. Digibyte uses five different methods and has a limit of 21 billion coins. Its strong network comprises three layers:

• A public ledger.
• An “App Store” for smart contracts.
• A basic protocol that simplifies node communication and transaction sharing.

Even though SHA-256 mining is supported, the network has ways to stop ASIC miners from getting too much power. About 2520 watts of energy are used on average to mine Digibytes. Remembering that profitability can change depending on how much the coin is worth on the market is essential.

ECOS

ECOS is not a coin; it is a platform for mining. When things go right, Bitcoin mining can be advantageous. But it would help if you didn’t mine Bitcoin on your home machine. Instead, it would be better to use cloud mining or specialized tools like ASICs.

ECOS, a top BTC mining company, offers these features:

• ECOS offers ASICs and cloud mining.
• Cloud mining contracts cost $50.
• The website’s calculator helps consumers choose the best mining contract.
• Daily BTC payments and transaction history.
• Withdrawals start at 0.001 BTC.
• A mobile app for Android and iOS users.
• The software offers wallets, exchanges, and investment portfolios.
• Users receive a free one-month mining contract after signing up.
• BTC mining is easy using ECOS.

Monacoin (MONA)

Monacoin was made in December 2013, and most of its regular users are in Japan. This joke coin is like Dogecoin.
It takes 1.5 minutes to mine a block and win rewards. Fees for mining this coin are low. The prize per block is 12.5 MONA. This is cut in half every three years. Monacoin does not work with ASIC mining.

Monacoin mining sites like f2pool, vippool.net, mona. supernova.cc, la.pool.me, coinfoundry.org, and bitpoolmining.com are well-known.

Software like Lyra2REv2 miner, XMR Stak, CGminer, CCMiner, and Suprnova can be used to mine this cryptocurrency.

Zcash (ZEC)

ZEC is a famous cryptocurrency that helps people send money quickly and easily. Zcash is an excellent choice for people who mine. It is easy for people with regular hardware to mine.

Joining a mining pool gives you a reliable and steady payout, and miners can use a shielded coin base to keep their ZEC from being tracked back to when it was made. This improves privacy and makes it easy for miners to send their earnings to a wallet address immediately.

Even though you can mine ZEC on your own with tools like the EWBF Zcash Miner, it’s best to start with a mining pool if you want to get rewards quickly. This method makes mining more efficient and speeds up the process of getting mine results.

Zcash Mining Essentials

ASIC Resistance: Zcash resists ASIC mining, allowing more miners to participate. This encourages decentralized mining.

GPU Mining: The best Windows miner for Zcash is the EWBF Zcash Miner. Beginners and those with few resources can mine with CPUs.

Optimization Software: Optiminer and EWBF Cuda help GPU miners optimize their operations, aiding mining efficiency. GUI, console, and Android Zcash miners are available.

Zcash’s internal ZEC mining pool is suggested: Flypool, Nanopool, and Slushpool are also prominent Zcash pools. Miners might boost their chances of winning by joining a mining pool.

Block Rewards: Zcash gives 3.125 ZECs every 75 seconds. Miners receive regular rewards from 10 blocks mined every 2.5 minutes.

How to mine Zcash

1. Buy, install, and configure GPUs. Install all drivers. Install the Nvidia EWBF Miner GPU mining software.
2. Create a wallet address for Zcash mining. Nighthawk and Zecwallet Lite are mobile wallets.
3. Install a Zcash miner. Zcash doesn’t require command line miners or download the complete blockchain.
4. Join and configure a mining pool. ZHash.pro, zpool Equihash, Bitfly, 2miners, Luckpool, and Minergate, are good mining pools.
5. Launch the mining software. You may mine Zcash using your GPU.

Cardano

Cardano is a strong coin that looks to have a bright future. Its flexible network and rapid processing rates allow users to work swiftly. Cardano differs from other cryptocurrencies because it is scalable, sustainable, and can work with other systems.
Investors can make money with Cardano through investing, mining, and exchange-traded funds (ETFs). Cardano can be more helpful and popular than Ethereum and Litecoin as a blockchain that can be programmed.

Cardano is a cryptocurrency and app platform. It also shows goods for managing identities and tracking products. Cardano’s blockchain uses the Ouroboros consensus method. This makes it possible to make blocks and verify transactions on its network. Check this article for a step-by-step guide on how to mine Cardano.

Bitcoin Gold (BTG)

Bitcoin Gold is a Bitcoin fork. Bitcoin Gold was designed to be mined with standard technology, unlike Bitcoin.
Popular exchanges sell Bitcoin Gold. Bitcoin Gold intrigues miners because its Equihash algorithm defies ASIC mining but demands a good GPU. Bitcoin Gold mining pools allow miners to share the burden and collect rewards quickly.
Bitcoin Gold mining doesn’t require powerful equipment. BTG can be mined with Nvidia GTX 970s, proving that expensive gear is only sometimes needed.

Key Features of BTG Mining

• Mining a block of BTG (Bitcoin Gold) stays 10 minutes, just like Bitcoin. Miners get 6.25 BTG for each block they solve.
• GMiner, CUDA miner, EWBF Cuda Equihash Miner, and other tools that work with the Equihash algorithm can all be used to mine BTG.
• Miners can participate in BTG mining pools like ccgmining.com, hashflare.io, minergate.com, and nicehash.com to win BTG rewards.

How to use a GPU to mine Bitcoin Gold

1. Use a tool like Guarda or Atomic Wallet to set up a Bitcoin Gold wallet.
2. Buy the appropriate GPUs and install them on your computer.
3. Install mining tools like Claymore’s Zcash/BTG Miner, Unmineable Miner Tools, EWBF Miner, or Optimizer.
4. Pick a pool of miners to join. Miningpoolhub.com, 2miners.com, bsmith.io, zergpool.com, suprnova.cc, and k1pool.com are all popular choices.
5. Set up the mining software so your hardware can connect to your chosen mining pool. Refer to the pool’s or the mining software’s website for specific configuration settings, as they can change based on the software used.

Haven Protocol (XHV)

Haven Protocol is a coin that focuses on privacy and is based on Monero. The Haven Protocol Wallets let people convert, transfer, and store money without intermediaries.

Currently, Haven Protocol’s native cryptocurrency can be easily converted to other tokens backed by real currencies without leaving the wallet. Synthetic fiat and cryptocurrencies like xUSD, xCNY, xAU (Gold), and xBTC are available on the site. This makes it easy to swap and convert between them.

Key Features of Mining Haven Protocol

Privacy Features: Haven Protocol inherits RingCT and stealth addresses from Monero. Users can send and receive funds privately.

Stable Storage: The platform offers fiat-pegged tokens and gold and silver coins to help customers avoid volatility shocks—Haven Protocol securely stores mined currencies.

Haven mining pools: Hero Miners, Miner Rocks, Fracking Miners, Hashvault, FairPool, and Hashpool. Haven Protocol fans can mine these pools together.

Mining Software: Use Monero-mining software to mine Haven Protocol. Haven recommends BLOC GUI Miner, CryptoDredge, and SRBMineR. These programs enable Haven mining.

How to Mine Haven Protocol with GPU

1. Connect your GPUs to your motherboard to establish a mining rig: Install all power connections and accessories.
2. Install Haven Protocol and GPU-compatible mining software: SRBMiner, JCE Miner, and Cast XMR are popular. Install mining software on your rig.
3. Create a Haven Protocol wallet address to receive mined coins: Haven Protocol wallets include desktop and third-party wallets. Create a wallet address by following the wallet software instructions.
4. Join a Haven Protocol mining pool to increase earnings: Haven Protocol miners include Hero Miners, Miner Rocks, Fracking Miners, Hashvault, Hashpool, Fairpool, and Do OK. Join the pool’s website.
5. Configure the mining software: Each requires a different configuration. Consult your mining program and pool manual. To define your wallet address, worker name, and pool URL in SRBMiner, modify the config.txt and pools.txt files.
6. Configure your mining software with the pool URL, wallet address, and worker name: Start mining software. It will start mining in your Haven Protocol mining pool.

Monitor your mining operations, update software, and optimize gear.

Vertcoin (VTC)

Vertcoin (VTC) is a Bitcoin-like open-source cryptocurrency. But it stands out because its mining process is much easier and can be done from a home computer. Miners are paid 25 VTC per block, cut in half every 840,000 blocks.

Vertcoin was made to make mining more accessible to everyone, especially now that mining costs have increased significantly. Anyone with a good GPU and CPU setup can participate in mining operations. The Vertcoin blockchain wants to take over from mining pools partly because its mining software is easy to use. To start mining Vertcoin, you only need a Windows computer and the mining tool, which you can download. This makes it easy for anyone to start mining Vertcoin.

The estimated daily earning is $4.90 at $0.10 per kWh and 2.50 MH/s mining hash rate. Vertcoin uses the Verthash method, which is supposed to make a new block every 2 minutes and 24 seconds and give out 12.5 Vertcoins for each block.

How to mine Vertcoin using a GPU

1. Buy a GPU: NVIDIA GeForce RTX 3060 LHR or other high-performance GPUs are available. These work alone or on a mining rig.
2. Install the VTC wallet: Download the VTC wallet from Vertcoin. Enter your wallet address for mining.
3. Choose a mining pool: Consider the reward structure and profit possibility. Vertcoin miners use easymine.online, suprnova.cc, and miningpoolhub.com.
4. Configure your mining rig: Follow the manufacturer’s instructions. Download CCMiner or SG Miner GPU mining software to optimize Vertcoin mining parameters.
5. Connect to the mining pool: Launch the mining software and enter the pool settings. Pool URL, worker name, username, and password are standard options. You can contribute hash power by joining the mining pool.

BitTorrent Token (BTT)

BitTorrent is a well-known coin. In 2019, the BitTorrent Foundation put it on the Tron blockchain. The platform was released as a TRC-10 coin on the Binance Launchpad.

This digital currency uses a peer-to-peer (P2P) protocol, which was made to send big files quickly over the internet. BitTorrent has added an excellent cryptocurrency choice to its list of services. It is a perfect choice for exchanging value and for third-party app makers. It also makes decentralized data storage fast and easy. You can mine BitTorrent in three different ways.

Aeternity (AE)

Users of Aeternity can use state channels to start and run scalable smart contracts and decentralized apps (dApps). Aeternity can be used in many areas, including decentralized banking, payments, loans, shares, identity, voting, government, the Internet of Things (IoT), and gaming.

Aeternity has helped make different kinds of tokens possible, such as fungible, non-fungible, limited fungible, and restricted non-fungible tokens. By adding features like sharding and off-chain contracts, the coin makes it easier for dApps and smart contracts to grow.

Key Features of Mining Aeternity

• Aeternity blockchain block confirmation takes 3 minutes. Block miners receive 124 AE.
• Aeternity mining software includes CryptoDredge, Bminer, NBminer, and Gminer (NVIDIA-compatible). HSPMinerAE and NiceHash are alternatives.
• Beepool.org, 2miners.com, and woolypooly.com multi-coin mining pools mine Aeternity. 2miners dominates mining with 58%, followed by beepool.org with 41%.

Ravencoin (RVN)

Ravencoin has come out as a new cryptocurrency that makes mining easy. Ravencoin, which came out in 2018 as a “fork” of Bitcoin, changed the block payout time.

Importantly, Ravencoin’s blockchain puts the smooth transfer of crypto assets between different groups at the top of its list of priorities. The highest number of RVN coins is 21 billion. Anyone with a good GPU and CPU can mine them. To mine Ravencoin, all you need is a Ravencoin wallet, a graphics card that can handle it, and a mining tool that can run the KAWPOW script. People can also join a Ravencoin mining pool to work with others and improve their mining.

Key Features of Mining Ravencoin

• ASIC Resistance: You don’t need ASIC mining to mine RVN, allowing low-cost mining. This supports inclusive mining.
• Ravencoin mining software: BMiner, NBMiner, and DamoMiner. MinerGate allows mobile Ravencoin mining, although it may be less profitable.
• Mining Pools: Ravencoin miners have alternatives to mining pools. 2Miners, Blocksmith, Bsod, Coinotron, Flypool, HeroMiners, Skypool, MiningPoolHub, Nanopool, Suprnova, and WoolyPooly.
• GamerHash, a crypto mining platform, supports Ravencoin mining.
• Ravencoin generates a block every minute, rewarding 5,000 RVN. Miners receive endless benefits from frequent block creation.

How To mine Ravencoin using a GPU

1. Ravencoin wallet: Install Raven Core to store and manage Ravencoin. Create a wallet address for Ravencoin mining.
2. Buy and install GPUs: Purchase and install Ravencoin-mining GPUs on your motherboard. Connect all necessary accessories.
3. Install Ravencoin-compatible GPU mining software: Kawpowminer, Gminer, T-RexMiner, TeamRedMiner, NBMiner, and Nanominer are popular. Install and configure the mining program.
4. Join a Ravencoin mining pool: Pick a pool you like and sign up. Suprnova, 2Miners, and Ravenminer are popular Ravencoin mining pools. Get the mining pool URL, Ravencoin wallet address, worker name, and other information.
5. Configure your mining software: Enter the mining pool details from the previous step. Command-line arguments, configuration files, or batch files may be used to configure mining software. Your mining software’s documentation has instructions.
6. Start mining: Launch the mining software and join the Ravencoin mining pool using the preset settings. Your GPU will solve the mining algorithms for the pool. Ravencoin awards go to your wallet.
7. Check your mining hardware and software periodically.

The cryptocurrencies on this list show that it is still possible to mine coins at home without buying expensive ASIC miners or spending all your money on a GPU mining setup. However, these cryptocurrencies are only the beginning. Home miners can look into many other choices. By doing detailed research, you can find a lot of other cryptocurrencies that you can mine from home.