Evaluating the ease of solo mining a coin

Bitcoin Questions and AnswersCategory: General questionsEvaluating the ease of solo mining a coin
Bear asked 1 month ago

I am a student studying Business Ecommerce. It seems cryptocurrency is here to stay. Id like to find a coin that is easy to accrue, tradeable but it does not have to be most valued, popular or highest volume. My goal is more academic at this stage, taking part and learning the process is the primary goal. It will likely become a report for credit and firsthand experience is key to success. Is there a coin that I can easily SOLO mine as well as POOL mine.

1 Answers
Ofir Beigel Staff answered 1 month ago

Hi Bear, glad to see you’re taking this seriously :)
 
Regarding a coin that is easy to mine, I can’t really help you there. Our main expertise is Bitcoin mining although we have started talking about Ethereum mining as well lately. But both of them require special hardware.
Regarding buying a coin I would actually suggest going with Bitcoin. This is due to the fact that it’s the easiest coin to acquire today due to its popularity. The more popular a coin is, the higher its market cap and the easier it is to buy / sell it. 
That’s why I think that if you choose an unknown altcoin you might have in issue with buying / selling it.
Wishing you the best of luck!
 

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