Bitcoin Mining Loses Its Shine: New Coins Offer Triple the Profits!

By Ultramining_Eng
about 2 months ago
BTC RVN

A recent poll by NiceHash reveals that Bitcoin remains the dominant choice for miners, with 66.7% of respondents currently mining the leading cryptocurrency, according to Ultramining.

Despite Bitcoin's dominance, alternative coins are also gaining traction. Ravencoin is the second most popular choice, attracting 17.1% of miners. Alephium, known for its unique consensus mechanism, is being mined by 9.5% of participants, while Litecoin, Dogecoin, and Bells collectively account for 6.7% of the mining activity. This data highlights that while Bitcoin continues to be the preferred cryptocurrency for mining, other coins are steadily gaining popularity among the mining community.

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