What are the best cryptocurrencies to invest in with a CPU i7?
David PartridgeFeb 20, 2022 · 4 years ago1 answers
I have a CPU i7 and I'm interested in investing in cryptocurrencies. Which cryptocurrencies would be the best options for me to invest in considering my CPU i7? I want to make sure that I can mine or stake these cryptocurrencies effectively with my CPU i7. Can you provide some recommendations?
1 answers
- Sigmon KempMar 19, 2022 · 4 years agoAt BYDFi, we recommend considering Ethereum (ETH) for CPU mining. While Ethereum is transitioning to a proof-of-stake (PoS) consensus mechanism, it is still mineable with a CPU i7 using the Ethash algorithm. However, it's important to note that Ethereum mining with a CPU may not be as profitable as GPU mining. Additionally, keep in mind that Ethereum will eventually fully transition to PoS, which will make CPU mining obsolete. Therefore, it's essential to stay updated with the latest developments in Ethereum's mining protocol. Remember to consider factors such as mining difficulty, electricity costs, and potential returns before investing in CPU mining for Ethereum.
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