Bitcoin might be the most popular digital currency in today’s online market but it is merely one of the many cryptocurrencies out there. With so many professional miners with their powerful hardware mining Bitcoins every day, it is getting harder for average people with basic personal computers to compete.

If you too are finding it hard to mine Bitcoin, it is probably time to look out for other best alternatives to Bitcoin.

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13 Best Alternative to Bitcoin 2020

Here are 13 of the most profitable cryptocurrencies to mine/ alternatives to Bitcoin.

1. Dash



Dash is the most popular alternative to Bitcoin. It is a complete digital cash management platform where you can store and spend your digital money to make instant payments online on many websites.

Your Dash wallet comes with the following features

It allows you to make private payments and transactions.

Lower fee than Bitcoin and many other digital wallets

InstantX feature allows fast and instant payments

It uses a decentralized network with no common third party to trust.

Advanced encryption and security

Money transfer anywhere in the world.

2. Litecoin



When Litecoin was introduced in October 2011, it was termed as the silver alternative to Bitcoinâ€™s gold. Litecoin follows the same protocol as of Bitcoin, but the mining is much cheaper with this coin.

Other features are briefed as follows

Less costly than Bitcoin

Easier and cheaper to mine

It can handle high transaction volume

Built for consumer-grade GPUs (processors)

More democratic than Bitcoin

Secure and private wallet encryption

3. Safecoin



Safecoin is a digital token introduced by the SA FE network, mainly with the aim of compensating its users for their contribution to the network. Here are some of the most notable features of this coin.

There are exact 4.3 billion Safecoins in circulation at a time, and each coin has a unique identity.

Users can exchange their coins to buy any of SAFE networkâ€™s services.

Direct computer interaction with no middle person involved

Self-encrypting data for enhanced security

Built-in redundancy and data availability

Opportunistic data caching

4. Peercoin



Peercoin is another Bitcoin based digital currency, which has its own method for verification of mined coins. In addition to the proof-of-work (POW), Peercoin also implements a proof-of-stake (POS) system. Other features are given below.

It is an inflationary currency with no fixed upper coin limit.

First-ever proof-of-stake coin

No instant mining or insider pre-sale to ensure a fair distribution

Mining allowed on any device compatible with Bitcoin

Stable and secure digital currency

5. Steem



Steem, inspired by the word esteem, is a reward based social media currency system. This blockchain-based cryptocurrency system requires users to reward others for their contributions. The process of rewarding is similar to liking or voting a post on Facebook. Following are the features of Steem coin.

Blockchain-based reward distribution system.

Mining is as simple as voting for a post

Users get 50% Steem Dollars for voting and 50% Steem Power.

Rewards occur 24 hours after content submission

6. Namecoin

Introduced in April 2011, Namecoin currently has a supply of over 7.5 million coins in the market. The coin was originally designed as an alternative DNS for the .bit (Bitcoin) domain. Namecoin features are as follows.

Merged mining

Decentralized DNS

Resistant to censorship

Support for the top-level .bit domain

TLS certificate validation

7. Primecoin



Termed as a â€œInnovative cryptocurrency,â€ Primecoin is a proof-of-work digital currency based on prime number search. Its features are briefed below.

Cryptography security

Decentralized mining and distribution

Useful for mathematical research

Involves search for special prime number chains, namely bi-twin chains and Cunningham chains

8. Novacoin



Novacoin is a division of Peercoin and therefore is based on the same POW/POS system. The difference between the two is that Novacoin uses scrypt hashing in its POW system. Other features are described below.

It utilizes both POW and POS but with separate target limits.

It is based on the newer version of Bitcoin

It follows the floating reward per coin-year emission model.

It has no POW block signatures.

9. Feathercoin

Feathercoin is an open-source digital currency that uses peer-to-peer technology to bypass the old banking solution. It allows global payments which can be processed by anyone with compatible hardware and free software. The coin is based on NeoScrypt and has many features not found in most other crypto coins.

Here are some of the unique features of Feathercoin

80 Coin reward for every block

Protected by Neoscrypt algorithm

eHRC (enhanced Hash Rate Compensation)

Current Generation ASIC resistance

ACP (Advanced Checkpointing)

10. Ethereum Classic



Dubbed as the second biggest digital currency, Ethereum Classic is one of the most profitable digital coins to mine today. With zero switching cost, it is attracting substantial user-interest and hash power.

Since Ethereum Foundation is planning to switch to POS model, it is the most beneficial for miners to keep supporting ETC which will continue to employ the best POW security model. Miners are likely to get good benefits and rewards for their support.

Main features of ETC are as follows

Multi-platform and/or hardware wallet

No downtime, fraud, censorship

No third-party interference

11. Stellar [XLM]

Stellar’s blockchain is its highlighting point. Stellar’s non-profit and community-centric approach has helped it gained immense popularity among crypto enthusiasts. Right now, Stellar blockchain technology is in high demand among many popular enterprises, financial service companies and banks. Right from IBM customers to banks across the globe, Stellar is solving problems of people greatly. The price of XLM in 2019 has also stayed positive mostly compared to other popular cryptos.

12. Ripple [XRP]

Ripple is also a hot choice of crypto enthusiasts when it comes to long-term cryptocurrency investment in 202. Ripple has been the first choice of many banking and financial institutions. Thanks to Ripple revolutionary blockchain tech, Ripple Coin has gained positive traction in the market and is used actively for cross-border payments due to quick settlement times and fast transaction speed.

13. Monero

Monero has a virtual currency has two standout features – anonymity and privacy. These features make it a popular private coin. Monero coin – XMR is generally sent using a stealth address by the sender to the recipient, so they can detect and spend those funds. You can easily invest in Monero coin to reap good profits in 2020.

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