What’s The Most Profitable Cryptocurrency? A blog that takes a look at the most profitable cryptocurrencies over the long term.

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Bitcoin, Ethereum, Litecoin, Dash and Monero are the 5 most profitable cryptocurrencies. A large number of cryptocurrencies have come and gone over the past decade. With their values rising at a rapid pace recently, their profitability has surged as well.

However, what are the most profitable cryptocurrencies over the long term? Let’s take a look at five of them below.

The Most Profitable Cryptocurrencies Of All Time






So what’s the most profitable cryptocurrency?

The answer to this question is not straightforward. There is no definitive answer. Instead, there are many factors that affect the profitability of cryptocurrencies.

These factors include:

Lisk is a cryptocurrency that was launched in 2016. Lisk is a blockchain application platform, which means it’s aimed at developers who want to build apps using blockchain technology. LISK was created by Max Kordek and Oliver Beddows, the founders of Crypti, another blockchain platform.

Lisk has been one of the more profitable cryptocurrencies to invest in in 2017. It has risen from $4.00 at the start of the year to $37.00 currently. It’s also had two big price spikes in April and June when it reached nearly $9 – a 125% increase from its starting price.

Although not a cryptocurrency in the strictest sense of the word, Bitcoin is more than worthy of mention as it is still one of the most widely traded and widely used cryptocurrencies today. Bitcoin was created by Satoshi Nakamoto in 2009, who is widely considered to be one of the best developers in the world.

Bitcoin has a market cap of over $142 billion and is valued at over $10,000 per coin. The currency has been on a steady rise since its creation, with some minor speedbumps along the way, including the 2014 Mt. Gox incident where millions of dollars worth of Bitcoin was stolen. Although these events may seem detrimental to the currency, they are actually a reflection of how stable Bitcoin currently is.

Ethereum is another major player when it comes to cryptocurrencies. It was created by Vitalik Buterin in 2013 and has gained significant popularity since then. Ethereum has a market cap of over $101 billion and is valued at over $1,100 per coin.

Ripple is an alternative payment method for banks and other financial institutions. Created in 2012 by Ryan Fugger, Ripple aims to create fast, secure and inexpensive global transactions using their token ‘XRP’. Ripple currently has a market cap of over $53 billion and

Bitcoin is the most well-known cryptocurrency and also the oldest, in the early days it was completely possible to mine it using your home computer and there were many early adopters of bitcoin who mined it using simple hardware – it was even possible to mine using your laptop CPU.

In the early days people would often mine it using their GPUs, which require a large amount of energy and generate a lot of heat and noise, it was also possible to use FPGAs (Field Programmable Gate Array), these are chips that can be bought and then programmed to perform some function, this makes them more efficient at mining than a GPU however they are very expensive devices.

Nowadays nearly all bitcoin mining takes place on ASICs (Application Specific Integrated Circuit) which are specially designed pieces of hardware just for mining Bitcoin. They cost thousands of dollars but have made mining unprofitable for anyone without access to cheap or free electricity.

Bitcoin has been plagued by hacks, scams and regulatory issues over the years which have driven up transaction fees on its network due to limited capacity and competition from other cryptocurrencies for user adoption.

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of bitcoin, over 6,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

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