Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

6 Easiest Coins To Mine: Cryptocurrency Mining on A Normal Computer

Page 1 of 7

What are the easiest coins to mine on a normal computer?

Crypto-currencies have become a hot potato for economists and government officials alike since they were first introduced to us back in 2009 through BitCoin, which up to this day remains the most recognizable crypto-currency among the 10 most popular cryptocurrencies in circulation today. Researching for the 6 easiest coins to mine on a normal computer is not a simple task to do, as crypto-currencies are an extremely versatile and unreliable asset.

Their value, which depends on the demand and coin generation difficulty rate, alters regularly. In addition, their source code is open. That maybe considered to be important as transactions are transparent, yet the fact that anyone can clone the BitCoin and LiteCoin code and ‘print’ his own crypto-currency makes the system as a whole unreliable when it comes to investing in digital currencies. There are dozens recorded cases where projects were stalled, badly maintained and above all, had practically nothing new to offer as all crypto-currencies out there are just clones of the original source developed in 2008 by Satoshi Nakamoto. Everything runs on BitCoin nodes.

Sergey Tarasov/

Sergey Tarasov/

By now you may well think that I am against crypto-currencies, yet the truth is that I want very much to see this digital form of decentralized currency to finally be stabilized, become fully reliable and widely used, especially in regions that really need a parallel currency fact that may result in a fairer market. Crypto-currencies have offered a lot so far in the math and economic community. Individuals had the chance to apply economic formulas and over-complicated math equations never adopted by the centralized monetary systems, and see how these formulas respond to the needs of a market. Yet, 6 years after the release of the BitCoin, this economic system, unfortunately, is not ‘open for all’. Crypto-currencies have become in a sense, centralized and elitist.

The core concept of the decentralized digital currencies was to bypass the centralized control of the Banking system and Governments and create a truly p2p free market, yet their web is now overflowing with forex-type services which specialize on decentralized digital currencies where investors -who can afford it- may speculate on their value and make profits in USD or EUR. Moreover, the Wall Street has opened its doors to BitCoin and now practically everyone is seeking for the goose that lays golden eggs. Developers, miners and investors in a very opportunist manner aim at converting their clone digital coins into BitCoin and eventually USD, EUR, even gold, idea that was aiming for a gold standard but which failed.

I still recall the reactions of government officials a few years back, especially when crypto-currencies were linked to the Deep web and cases such as the ‘Silk Road’ project. Apparently the system can absorb anything, don’t you think? As time passes on, digital currencies develop more sophisticated cryptographic protocol that requires multiple times increased computing power comparing to 2009 when the project was first initiated. With the stakes and requirements being so high, it is reasonable to question if it is possible for anyone to make any profit out of this brave new world that unfolds before us.

The truth is no. An average PC user, an individual, who cannot afford losing money and invest in an asset that requires starting capital in Dollars or Euro, which will allow him or her to access the necessary hardware and have some chances of success, has these days no realistic chances of success. What is guaranteed at present time is most likely a burned out CPU or GPU and an electricity bill with a figure out of the ordinary. The very promising idea of decentralized digital currencies at this point of time and as things stand have failed their primary goal. They have become centralized in the sense that BitCoin develops into a natural monopoly and are no long ‘open to all’ as investing and mining have become excessively expensive, making the ecosystem practically Elitist.

The following list of the 6 easiest coins to mine on a normal computer should not be considered as an investment plan and in any case I do not suggest you to invest in crypto-currencies. Try hedge funds, they come with better success rate. The following list is based purely on technical requirements and values (hash rate, difficulty and exchange rates as well as fees for mining pools, mining pools efficiency and electricity consumption) that a miner should have in mind before proceeding with mining a crypto-currency. Mind that the profit ratio from generating coins is a changeable value and that no gains are guaranteed. No matter what your calculations are, as time passes on the more difficult mining becomes, the more computing power you need and the more valuable the coin is, provided that there is demand for the coin. Therefore, you realize that in the end, since every coin is a clone, the value of any encrypted digital currency depends on the very essence of money itself. Make it a popular mean of exchange, and that requires efficient marketing, a sector in which most developers lack.

Page 1 of 7

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!