What Are the Simplest Ways to Start Using Cryptocurrencies?
The growing popularity of cryptocurrencies has encouraged many people to look into the idea of using these digital assets. Since making the first moves in an area like this can be daunting, it’s worth looking into some of the simplest and most stress-free ways.
2024-09-19 18:33:10 - VI News Staff
Simple Mining Apps
You may recall Bitcoin mining was previously described as being a difficult and hugely time-consuming process where the risk of computers overheating and catching fire was an unexpected occupational hazard. The process of mining new tokens is still complex, but there have been changes that now make it more suitable for newcomers to try whenever they like.
A look at the best cryptos to mine brings back names like Monero (XMR), Zcash (ZEC), and Ravencoin (RVN). Bitcoin (BTC) tops the list but since mining BTC is a hugely competitive industry you must check the latest news to see if it currently makes financial sense to mine these tokens. If it does, you can choose between solo mining and joining a mining pool where the rewards are shared.
The arrival of smartphone mining apps has made this activity more accessible and a lot easier for beginners. Crypto Mining and GoMining are among the options for working in this way. These apps all work in slightly different ways, but the basic idea is normally that you pay to operate a cloud miner and can choose to upgrade it if you want to earn more quickly.