When it comes to the world of internet we often meet the word cryptocurrencies, so let’s learn more about the most profitable cryptocurrencies and coins to mine in 2017. Insider Monkey has recently published an interesting article about it giving you some valuable information.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of the most profitable cryptocurrencies and coins to mine in 2017 from their list.
The first one is Steem. Steem is a blockchain based cryptocurrency system. Steem is actually inspired by the word esteem, but it’s not highly original. There are plenty similar currencies out there with funny and interesting names, such as Veritaserum, Feathercoin, etc. This is a reward based social media currency system and it is so far the most successful decentralized social network. Hence its potential for further development and bringing revenue. Its mining is really simple, just like voting for a post. We are continuing our list of most profitable cryptocurrencies and coins to mine in 2017 with Ethereum that is at the moment Bitcoins largest and most fierce competitor. However, there are two types, so this one is not as “dangerous”. Be careful this is ETH, not ETC. ETH is the original version which experienced some problems due to a hacking attack. While all the money was successfully retrieved thanks to the 28-day hold imposed on huge withdrawals, there were lots of displeased customers who turned their attention to other options. Either way, Ethereum is a force to be dealt with since its value is still constantly rising. DASH cryptocurrency, or digital cash, as it is advertised, stands for one of the big players in our list of most profitable cryptocurrencies and coins to mine in 2017. DASH is a complete digital cash management platform which you can use to transfer your money anywhere in the world, i.e., you can make private payments, transactions and what is more, its fee is lower than Bitcoin’s. By the way, it was previously known as Xcoin and Darkcoin. How to mine DASH, you may wonder? Just use x11. Interestingly, DASH was the first coin to be mined by it. x11 is an algorithm which uses 11 different algorithms which are connected in a chain. That should serve your cryptocurrency better.