Many large mining groups have already decided where to move their mining operations, but individual miners with small farms may still be lost and need direction. We decided to put together a list of networks that use similar algorithms to Ethereum and will help you utilize GPUs to their full potential. The profitability of mining on other networks is a completely different conversation, but if you are determined to continue mining, these are your best bets!
RavenCoin is the number 1 contender!
RVN has been steadily going up in price since the announcement of the ETH merge. Many investors see big potential in the RavenCoin network launched in 2018 which offers nearly the same functionality as Ethereum.
Currently, you can earn 2500 RVN per block with about 1 block mined per minute with the next halving planned in early 2026. With the RVN price being close to $0.068, mining a block can yield you about $170. You will need a little bit more computational power to get a block compared to what Ethereum demands, but the difference is negligible. The network uses the KawPow algorithm.
Vertcoin can be a good alternative
Launched in 2014, Vertcoin did not rise to the same heights as Ethereum or Bitcoin, but it is still a very popular network with VTC priced at $0.183 at the time of writing. The network has lower system requirements for miners. Even a standard 2GB video card can be used with efficiency.
One block is mined every 2.5 minutes and the current reward is 12.5VTC which will be halved by the end of 2025. The USD equivalent is $2.29. The network uses the Verthash algorithm.
Ergo is our final choice
This is a relatively new network launched at the end of 2021. Here you can utilize the power of your GPUs and earn 48 ERG per block. Halvings are calculated by the network and happen roughly every 3 months with the reward size determined based on the date of halving.
The price of ERG is $4.83 with a block added to the blockchain every 2 minutes. It means that a successful mining operation will earn about $230 for each block minus 10% that goes toward the founders’ fund.