10 Best Altcoins to Invest in 2019 - Updated

  • Denys Serhiichuk
    📚 WikiCoin

    When it comes to cryptocurrency, almost all people know about Bitcoin. However, one can also make a good profit of investing in altcoins. They are popular among investors and traders as they can give more profits compared to Bitcoin, for example. We selected the 10 most promising altcoins to invest in 2019. Hope you can choose the appropriate coin which suits you the best.


10 Best Altcoins to Invest in 2019 - Updated

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

How to choose a cryptocurrency that will be profitable in the future? This is a difficult question and must be approached with the utmost seriousness. Besides Bitcoin, there are dozens of other promising coins, and sometimes when the rate of the main cryptocurrency falls, the prices of altcoins increase. To predict what digital asset will grow in 2019, you need to understand the structure of the market.

First of all, you should study all the offers on the market and choose the most top-rated currencies. We conducted an analysis and identified 10 altcoins that, in our opinion, are the most profitable for investment today. So let's consider the most promising digital assets on the market.

EOS

The EOS platform is one of Ethereum's competitors, which promises to solve the scaling problem by providing a more reliable set of tools for building and running applications. The capitalization of the token makes up about 3 billion US dollars, and it ranks fourth on the list of top cryptocurrencies.

EOS logo
Image by pexels

Reasons for investing in EOS:

  • The platform has moved from the Ethereum blockchain to its own.

  • EOS actively implements new protocols, the latter was introduced in late April, it significantly increases the security of networks.

  • Profiles of 700 thousand users of the freelance platform Moonlighting will be transferred to EOS blockchain.

Ethereum

It is impossible to make a rating of promising cryptocurrencies in 2019 without Ethereum, which is a part of the platform for developing decentralized applications.

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The first thing to note is that the forecasts for 2017 turned out to be even more pessimistic. Many assumed that by the end of the year the rate of ETH would be about $1,000. However, the cost of 1 coin was higher by almost $300. Moreover, there were suggestions that the price of $1K would be reached only by 2019. No one excludes the possibility that the rate will grow and then fall to these values, although a number of analysts suggest a further increase in the cost of Ethereum. Currently, Ethereum is the second cryptocurrency after Bitcoin by capitalization.

What is the future of Ethereum:

  • On April 30, 2018, Buterin announced the introduction of Sharding into the blockchain of the main network and a partial transition to the PoS confirmation algorithm.

  • Developers are constantly testing new features and implement successful ones. For example, a Metropolis update was released, which improved throughput, and soon Constantinople will be implemented.

  • Despite the fact that now ICOs are not as popular a trend as they were in 2017, around 90% of blockchain startups conduct token sales on the Ethereum platform.

Cardano

Cardano is an Ethereum rival and is designed to operate with smart contracts. It is a promising cryptocurrency aimed at the democratization of finance and the formation of a decentralized economy.

One of the creators of Cardano is Charles Hoskinson, who participated in the development of Ethereum. Cardano’s platform code is one of the most secure. The project also works very closely with government regulatory authorities, in particular to fight against money laundering. The high level of confidence in the developers made it possible for this project to raise a whopping $500 million in investment for its ICO.

Factors affecting Cardano's prospects:

  • New exchange listings. Binance expanded the number of trading pairs by adding ADA/BNB and ADA/USDT. Also, Huobi added the coin to its listings. This has already had a positive effect on the cost of the token.

  • Compatibility with other platforms for working with smart-contracts.

  • Experts note the similar features of the cryptocurrency with Bitcoin and Ethereum, so the success and development of Cardano depends on the scale of its adoption throughout the world.

  • In 2018, the company produced and delivered ATMs throughout Japan, which made Cardano more popular in Japan and Asia.

Check out this video, maybe you will decide to add some coins in your portfolio like DigiByte or Stratis.

Ripple

XPR token
Image by pexels

Many people have already paid attention to Ripple, which is connected not so much with the advantages of the coin, as with its features. The bottom line is that the currency is not even an altcoin since it was not created on blockchain technology, but as a completely independent monetary system.

The project cannot boast a stable rate, but it has a large number of partners who have successfully implemented its technology. Today, such giants as the National Park of Abu Dhabi, UBS, and Santander cooperate with this cryptocurrency.

Last year, XPR showed stunning dynamics, its rate has increased almost 600 times. The coin has great prospects of becoming a mediator that connects the cryptocurrency industry and the banking sector.

Also, it is worth noting that the Ripple project is being developed under the strict guidance of world banks. This means that it is in the largest regulatory field, compared with other cryptocurrencies. Therefore, its growth can be faster than the growth of other coins.

Binance Coin

It is a token of the Binance cryptocurrency exchange, which has the same name. It gives the opportunity to receive discounts on commissions in the amount of 50%, but every year this number will decrease.

The popularity of the currency is ensured by the demand for the exchange, which now occupies the first place in the daily trading volume of Ethereum, 4th place — Bitcoin, 3rd place — Bitcoin Cash, 2nd place — Litecoin, 1st place — Neo. As the exchange grows and develops, its token also increases in value. In addition, the site’s management buys back a portion of the coin in order to increase the value of the remaining ones. This is another feature that will positively affect the value of the asset.

Latest news in favour of Binance:

  • Of the significant events, it is worth noting the launch of the decentralized exchange Binance DEX, which took place on April 24th.

  • BNB tokens were successfully migrated from the Ethereum blockchain to their own.

  • Earlier in April 2019, the cost of the сoin updated the historical maximum of $25 and moves up.

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Litecoin

This is a Bitcoin fork, an improved counterpart. It has very low commissions and scalability. Its functionality is identical to that of Bitcoin, although there are a number of improvements.  For example, the SegWit update to increase block size was integrated into Litecoin before Bitcoin. Litecoin is trying to separate itself from associations with BTC with a new logo and vision for the future. But it is obvious that it will continue to maintain close ties with the Bitcoin network.

Litecoin is a good choice for long-term investment for the following reasons:

  • The number of payment terminals accepting Litecoin for payment is growing. In Argentina, there will be more than 4,000.

  • Cryptocurrency has been added to new exchanges. In 2018, it has been already included in the listing of large platforms: Korbit, Gemini, ZebPay and others.

  • Cooperation with financial organizations. An agreement has been signed with the Aliant processing center.

  • Very low fees. For example, a $0.4 commission was paid for a transaction of LTC 700,000 thousand ($100 million). A transaction was confirmed in 2.5 minutes. An ordinary bank transfer takes a few days and costs much more.

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Tron

Tron logo
Image by pexels

The basis of the TRON project is the implementation of a fully decentralized Internet. In this network, any user can share any content and perform completely secure transactions without being tied to a specific site. The result is the merging of various ideas from popular blockchains on the TRON network.

Reasons why Tron is a promising coin:

  • The platform has already switched to its own blockchain. TRX has become a coin and will no longer be considered an ERC20 token.

  • From April 17, on the basis of Tron blockchain, the emission of stable coins Tether began.

  • The Opera browser will add support for the TRX coin in its cryptocurrency wallet.

  • The main investors of the cryptocurrency are Chinese users, confirming the coin’s prospects since China is one of the largest entertainment centers.

  • Tron collaborates with large IT and blockchain companies such as Bitmain, ICO-365, Bixin, Gravityless, and OpenLedger, which adds weight to the project within the crypto community.

The Tron Foundation has many plans for 2019. In addition to events, the company intends to open access to smart-contracts for ICOs, which will also allow the same platform to be used for crowdfunding. Thus, it is hoped that the year 2019 will be completely “bullish” for Tron (TRX).

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IOTA

This platform (and cryptocurrency) is a development for a very fast-growing segment of the Internet of Things. We, in particular, are talking about everyday life devices (refrigerators, vacuum cleaners, stoves, toothbrushes, kettles, components of a smart home, various sensors, etc.), which are increasingly able to go online to complement and simplify our lives.

The goal of the IOTA project is a unified infrastructure for Internet things, with the possibility of fast transactions without fees and data exchange with a high degree of protection.

Growth factors in 2019:

  • The community is increasingly interested not in speculation, but in real working technologies.

  • The Internet of Things is only at the beginning of its journey, but it is evolving with increasing speed.

  • The reputation of the project is more than positive.

  • The team has many plans to expand the functionality of the platform.

  • The IOTA blockchain solves immediate scalability and transaction speed issues.

The last significant news that gave rise to the growth of IOTA was a partnership with Jaguar Land Rover. For now, it seems like marketing strategy works well and the growth won’t stop.

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Based on the above, we can assume that 2019 should be a turning point for the cryptocurrency and for the entire project. Among many projects that offer ideas for the Internet of things, IOTA has the most thorough technical and organizational base. Accordingly, the popularity of the token will grow.

NEO

Neo logo
Image by pexels

NEO was launched in 2014, and in 2017 it experienced a complete rebranding. The crypto community calls the platform NEO “Chinese Ethereum.” Such a comparison is acceptable because these projects have the same functionality — they are designed to develop decentralized applications. An important difference between NEO and Ethereum is their target users. It is worth mentioning that NEO is designed for Chinese developers of decentralized applications. 

NEO is a promising cryptocurrency for investment for the following reasons:

  • A number of major exchanges have already listed this coin: Binance, LiveCoin, HitBtc, Bittrex, and Cryptopia.

  • Microsoft and Alibaba are on the list of partners.

  • Fast speed of operations, which provides the lowest cost of commission and gives the opportunity for micro-transactions using smart contracts.

In 2018, the cost of the cryptocurrency reached its maximum — $180, after which it began to decline. The success of this project will directly depend on two factors: the loyalty of the Chinese government and the general recovery of the market.

NEO developers are planning a full-scale transition to the new protocol. It will significantly speed up the network, improve scalability and increase data security. Successful implementation of the plans will attract attention and provoke a sharp rise in the price of a coin.

Stellar

Stellar is a decentralized platform for fast and cheap transactions. It is the fork of Ripple with the removed flaws. The main pros of Stellar can be considered the scalability and openness of its source code. The indicative point of this cryptocurrency system is that it is able to cope with thousands of transactions carried out within one second without problems. In this case, the confirmation of a transaction takes no more than 5 seconds, which is an unattainable result for modern cryptocurrencies. Similar characteristics of Stellar allow it to compete on equal terms with money transfer bank services.

Also, one of the most important advantages of the coin is the presence of support for SCP technology, which allows network participants to engage in the exchange of cryptocurrency, fiat money, and tokens and other assets without any restrictions. Thus, this technology compares favorably to the more common PoW software protocol.

Why Stellar is a promising cryptocurrency:

  • Solving the issue with scaling. Lightning has already been tested on the blockchain.

  • Growth in the number of projects conducting ICOs on the Stellar platform.

  • Expansion of the list of exchanges where the coin is traded.

  • Collaboration with IBM.

  • Focus on excellence in every detail.

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Choosing the altcoin to invest in

In order to feel more comfortable in this not very predictable market, it is best to diversify your risks and purchase 10-20 different coins. Such an approach will help protect your investment from large losses.

Cover image via www.123rf.com
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6 Best GPUs for Mining Cryptocurrency in 2019


6 Best GPUs for Mining Cryptocurrency in 2019
Contents

When cryptographic money only appeared, mining was practiced by a minority of people in the know. At that time, it seemed like mining was available for tech-savvy people only. Luckily, things are different. Now, you only need to discover the best GPU for mining, install it, and enjoy the profits.

While mining ETH and BTC was popular and relevant in 2016-2018, the current difficulty of calculations makes the process very challenging. It’s almost impossible to mine BTC and ETH using a regular GPU. But who said you can’t mine other coins? Even the current decrease of interest in mining doesn’t prevent individuals from attempting to mine altcoins. Truth be told, if you want to make profits you should either use the best mining hardware or not use it at all. The mining industry keeps evolving, offering us innovative mining machines. Let’s check out which are the worthiest mining GPUs in 2019.

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How to select the best GPUs for mining?

Before we observe the worthiest mining GPUs, let’s look over the essentials of GPU mining cards that matter for efficiency and speed. This will help us understand how the industry standards have changed, and how to make an informed decision.

Take a look at the features that matter for the choice of GPU.

1. VRAM

Previously, some 2-4 GB of VRAM were enough to mine Ethereum and cryptocurrencies alike. When Ethereum appeared only 4 years ago, it began at 1 GB, and the volume was increasing by 750 MB yearly. We're in 2019 now, which implies the best models for mining ought to have at least 8 GB of internal memory. With an old 2 GB card, you won’t earn any crypto at all.

2. Hashrate

Being a critical point, hashrate is the speed at which a device makes calculations to solve algorithms. This variable is estimated in hashes made per second, and the top-notch models have this speed measured in Mega-hashes (MH/s), which means at least 1 mln hashes are executed in one second. The most advanced GPUs can likewise have GH and TH values.

3. Bus width

To put it simply, it defines the amount of chips that can be located on one device. As you already know, the efficiency of a card is defined by its memory, so you should definitely opt for a higher bus width. A typical 256-bit card with 8 chips is not enough today: you should opt for a better memory level to use at least 16 chips.

4. Power consumption

Mining is a costly process even after you buy the equipment – you need to pay electricity bills afterward. Make sure that the GPU consumes less power than its counterparts. If you want to enjoy a steady income, your mining hardware should be functioning 24/7. So make sure your GPU provides a generous performance for the amount of consumed energy.

5. Cooling

Now that you’ve looked into power utilization, you should be careful that your mining farm does not get too hot. It’s important because overheating can harm the hardware. It'll not only make the atmosphere in the room agonizing, but may also prevent your graphic card from working properly. Go for open constructions – it allows for optimal cooking. Don’t forget to buy fans and install them.

Now that you know what matters for the choice of mining units, we can get down to reviewing the best 6 models in 2019.

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AMD Radeon RX 470

This device is incredible – it’s always up to the task. This unit will function superbly regardless of the conditions. It is very productive, delivers AAA graphics, and stays ergonomic. It goes without mentioning that the device is compatible with most PCs. It is pretty quiet, not mentioning a low heat generation level.

Advantages:

  • Outstanding efficiency

  • Energy output level is brilliant

  • Optimal memory level – great for its cost

Cons:

  • Too costly

AMD Radeon RX 480

Some time ago, this model was a top pick among miners, one of the most highly demanded ones. It has quickly transformed from a solution for gamers to mining equipment. AMD utilized this card to upgrade to the fourth graphic code. They added transistors while leaving the power requirements at the same level. It also features a fan that works from load. Though the noise is quite high, it is absolutely endurable.

Advantages:

  • Optimal performance

  • Excellent speed

Cons:

  • Emits a lot of noise

AMD Radeon RX 580

This graphic card is a golden middle. i.e., it enables trouble-free mining while providing average speed (1340 MHz). Consider this astonishing GPU for mining ETH and ERC-20 tokens. It additionally features double fans which adjust operating speed to the loading. There’s only one disadvantage: this card is not as ergonomic as the past 480 variant.

Advantages:

  • It offers an astonishing HD performance

  • Highly customizable

  • Great quality/cost ratio

Cons:

  • High power consumption

  • Cards are far from being compact

AMD Radeon RX Vega 56

This gadget is positioned as one of the most suitable options for crypto mining. Moreover, it is the 2nd quickest designs card existing in the RX Vega series. The card is basically founded on the Vega design involving the same memory and type of processors.

This GPU is less speedy than the RX Vega 64. Notwithstanding, it requires less power. Its process execution is brilliant. The GPU is accessible in air-cooled editions with the highest power utilization of 210 W. To reap a higher mining power from the unit, you can leverage custom BIOS to open its additional features.

Pros:

  • Optimal speed and power

  • Extra cores with BIOS are available

Cons:

  • High power consumption level.

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AMD Radeon R9 Fury X

Each and every component of this GPU has been upgraded for speed, efficiency, and energy productivity. Instead of an air framework, they use water for reducing heat – this innovation functions pretty well. It’s a long-lasting device that allows earning coins for hours, days, and weeks.  

Advantages:

  • Water-based conditioning innovation guarantees great performance

  • Optimal memory limits

Cons:

  • Might be hard to cool

Check out the Hardware Unboxed video with their Top 5 Best GPUs

Nvidia GeForce GTX 1050 Ti

A top-choice for mining ERC-20 tokens. It is proficient, comes at an extraordinary cost, and it functions perfectly with any framework where you want to increase your crypto profit. The design reminds of the Pascal GPU structure, and the device is great not only for crypto mining but also for VR interactivity. By the way, its 1760 MHz rate is exceptional!

Pros:

  • Stays very quiet

  • Energy efficiency

  • It can execute all mining tasks

  • Great price/quality ratio

Cons:

  • Not compatible with all PCs

Bottom line

Even though crypto asset mining is not as profitable as before, you can still be a happy owner of many interesting altcoins – there’s no need to restrict your crypto portfolio by BTC and ETH only. The crypto market offers a huge amount of coins, while the hardware market boasts a great variety of coins. If you’re ready to invest in mining hardware, consider some of the above-mentioned Top-6 GPUs: they deliver excellent mining quality while staying power-efficient.

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