10 Best Cryptocurrencies to Mine in 2026

Zac McClure
ByZac McClure, MBAReviewed byAlex MilesUpdated on April 5, 2026 · minute read
VerifiedExpert verified

TokenTax content follows strict guidelines for editorial accuracy and integrity. We do not accept money from third party sites, so we can give you the most unbiased and accurate information possible.

  • Profit in mining depends on more than block rewards. Hardware costs, electricity rates, and network difficulty often decide whether mining is worth it.

  • Many crypto coins are mineable, but the setup varies. Bitcoin and Litecoin usually require ASICs, while GPU-friendly projects like Monero have different hardware requirements, costs, and risk trade-offs.

Which cryptocurrency is best to mine?

Which cyrypto is best to mine? The answer is whichever leaves the most profit after you account for hardware, electricity, and pool fees.

We analyzed ten proof-of-work networks, from Bitcoin to GPU-friendly options like Monero and Ravencoin, comparing block rewards, network difficulty, equipment costs, and power use.

CryptocurrencyMining RewardsHardware RequirementsMining Difficulty
Bitcoin (BTC)3.125 BTC/blockASIC mining deviceVery Hard (competitive)
Monero (XMR)~0.6 XMR/blockCPU or GPU (ASIC-resistant)Easier for at-home miners
Litecoin (LTC)6.25 LTC/blockASIC recommendedModerate to Hard
Zcash (ZEC)1.5625 ZEC/blockGPU/ASIC (more profitable w/ASIC)Moderate
Dogecoin (DOGE)10,000 DOGE/blockASIC recommended (Scrypt)Medium
Dash (DASH)~2.3 DASH/blockGPU/ASIC possibleEasy/Medium
Grin (GRIN)60 GRIN/blockGPU or ASIC (two algorithms)Moderately profitable
Ravencoin (RVN)2,500 RVN/blockCPU or GPU (ASIC-resistant)Easier for at-home miners
Vertcoin (VTC)12.5 VTC/blockCPU or GPU (ASIC-resistant)Easy
Ethereum Classic (ETC)2.5 ETC/blockGPU or ASICMedium

Bitcoin (BTC)

Best crypto to mine for long-term profit

Mining Rewards: ~3.125 BTC/block

Hardware Requirements: ASIC device (SHA-256)

Difficulty: Very Hard (massive competition)

Bitcoin is the largest and arguably best cryptocurrency to mine for future gains, though it demands significant upfront investment. You’ll likely need a specialized ASIC miner and might have to join a mining pool to see consistent rewards. Bitcoin’s dominance and liquidity make it a top pick for miners aiming at long-term stability.

Monero (XMR)

Best coins to mine for privacy

Mining Rewards: ~0.6 XMR/block

Hardware Requirements: CPU or GPU (RandomX)

Difficulty: Easier for at-home miners

Monero is a privacy-oriented cryptocurrency known for its stealth addresses and untraceable transactions. Its ASIC-resistant design makes it accessible even if you only have modest hardware, though returns might not match large-cap coins.

Litecoin (LTC)

Best crypto to mine for ASIC mining

Mining Rewards: ~6.25 LTC/block

Hardware Requirements: ASIC recommended (Scrypt)

Difficulty: Moderate to Hard

Litecoin uses the Scrypt algorithm, making it friendlier for GPU mining than Bitcoin’s SHA-256, but ASICs still dominate. Miners appreciate Litecoin’s faster block generation and established reputation as a digital silver to Bitcoin’s gold.

Zcash (ZEC)

Best crypto to mine for privacy and GPU mining

Mining Rewards: ~1.5625 ZEC/block

Hardware Requirements: GPU or ASIC (Equihash)

Difficulty: Moderate

Zcash is another privacy-driven cryptocurrency built from Bitcoin’s original code. While GPU mining is possible, ASIC rigs often yield better profits. If you’re looking for an alternative privacy coin to mine (besides Monero), Zcash is a solid pick.

Dogecoin (DOGE)

Best coins to mine for community and high rewards

Mining Rewards: 10,000 DOGE/block

Hardware Requirements: ASIC recommended (Scrypt)

Difficulty: Medium

Dogecoin began as a lighthearted meme but has since developed a loyal community and robust mining ecosystem. While it’s easier than Bitcoin to mine, it still requires specialized hardware to remain competitive.

Dash (DASH)

Best coins to mine for instant transactions

Mining Rewards: ~2.3 DASH/block

Hardware Requirements: GPU or ASIC (X11)

Difficulty: Easy/Medium

Dash focuses on speed and privacy by offering InstantSend and PrivateSend features. Though it began as a hard fork of Bitcoin, Dash uses the X11 algorithm, making it possible to mine with a GPU. ASICs can net bigger profits.

Grin (GRIN)

Best crypto to mine for privacy and scalability

Mining Rewards: 60 GRIN/block

Hardware Requirements: GPU or ASIC (two distinct algorithms)

Difficulty: Moderately profitable

Grin emphasizes privacy and scalability, implementing the Mimblewimble protocol. With two mining algorithms (Cuckatoo32+ for ASICs and Cuckaroo29 for GPUs), Grin accommodates a variety of setups, though returns can be inconsistent.

Ravencoin (RVN)

Best coins to mine for asset transfer and decentralization

Mining Rewards: 2,500 RVN/block

Hardware Requirements: CPU or GPU (ASIC-resistant, KAWPOW)

Difficulty: Easier for at-home miners

Ravencoin was designed to facilitate easy asset transfer and is well-known for its ASIC-resistant approach. If you’re looking for a coin that supports GPU or CPU mining at a smaller scale, Ravencoin might be the most profitable mining cryptocurrency for a budget-friendly setup.

Vertcoin (VTC)

Best crypto mining at home

Mining Rewards: 12.5 VTC/block

Hardware Requirements: CPU or GPU (Lyra2REv3)

Difficulty: Easy

Vertcoin is built as a Bitcoin variant but with a strong focus on ASIC-resistance. This coin is known for enabling at-home miners to stay competitive using a standard CPU or GPU, making it one of the best crypto to mine without breaking the bank on hardware.

Ethereum Classic (ETC)

Best crypto mining for GPU mining and legacy systems

Mining Rewards: 2.5 ETC/block

Hardware Requirements: GPU or ASIC (Etchash)

Difficulty: Medium

Ethereum Classic originated after Ethereum’s 2016 hard fork. Its current PoW architecture and relatively lower difficulty mean smaller miners can still participate, although it requires consistent upgrades to remain profitable.

How to choose the best crypto to mine

Choosing the most profitable cryptocurrency to mine isn’t just about picking the highest block reward. You need to consider a range of factors that affect both your short-term gains and long-term success.

Profitability
Look at mining rewards, current coin price, and future potential. A high-reward coin with minimal market demand might end up yielding less profit than a more established project with slightly lower rewards but stronger liquidity. Calculate your anticipated monthly or annual revenue by factoring in block rewards, coin price, and your hardware’s hash rate. Remember to include electricity and mining pool fees as these can reduce your margins.

Accessibility
Check the coin’s algorithm and if it’s ASIC-friendly or resistant. Some coins (like Monero and Ravencoin) are designed so that GPU/CPU miners can still be competitive. This makes them more approachable for beginners or hobbyists. Others, like Bitcoin or Litecoin, lean heavily toward ASIC mining.

Sustainability
Depending on where you mine, local regulations can encourage eco-friendly mining solutions. Understand your area’s policies beforehand. Mining crypto can be energy-intensive, so ensure you have a reliable, affordable electricity source. Look into if you can use renewable energy or leverage lower off-peak rates to reduce overhead.

Privacy and security
Some miners value coins with strong privacy features (e.g., Monero or Zcash). If you’re focusing on privacy coins, remember that they may face extra regulatory scrutiny, which can lead to issues such as delistings on exchanges. A strong developer community will address security vulnerabilities faster, safeguarding your mining efforts.

Market trends
Mining returns are tied to a coin’s market price. Monitor upcoming forks, halvings, or upgrades. Coins with an active roadmap and a growing user base are often safer bets for consistent returns.

Use our free crypto tax calculator.

Is crypto mining still profitable?

Yes, it can be. But you must consider the cost of what to mine, electricity expenses, mining difficulty, and coin price volatility. For instance, Bitcoin can yield substantial earnings if you have low-cost power and top-tier ASICs. Meanwhile, lesser-known coins might be the easiest crypto to mine at home, but could offer lower returns in a market downturn.

How to mine crypto successfully

Mining success comes down to a few practical steps:

  1. Pick the right hardware: Choose gear that suits your target coin’s algorithm (ASIC, GPU, or CPU).

  2. Join a mining pool: Boost your odds of consistent payouts by combining resources with other miners.

  3. Stay efficient: Monitor energy consumption and consider using off-peak electricity rates or renewable sources.

  4. Track your taxes: Mining profits count as income. Check out your local regulations and keep thorough records.

Best crypto to mine FAQs

To stay up to date on the latest, follow TokenTax on Twitter @tokentax.

Zac McClure
Zac McClureCo-Founder & CEO at TokenTax
Zac co-founded TokenTax after his career in international finance and accounting at JPMorgan, Imprint Capital and Bain. He has worked in more than a half-dozen countries and received his MBA from the UPenn Wharton School.
Alex Miles
Reviewed byAlex MilesCo-Founder at TokenTax
Prior to TokenTax, Alex worked as a Product Designer at Dropbox and before that Readmill (acquired by Dropbox). He holds a BS in Digital Information Design - Interactive Media from Winthrop University.

Get a personalized crypto tax consultation.

Complete our questionnaire and we'll evaluate your situation — for free.