Proof-of-work coins

146 coins #6 Page 2

Proof of Work is how miners use computing power to solve puzzles, secure the blockchain, and earn rewards. More

# Coins Live Price Market cap 24h

The coins below are ranked lower due to missing data. Learn more

51 Statter STT $ 0.00409
$ 206,010
$ 206,010
-0.82%
52 Aeternity AE $ 0.00569
$ 161,369
$ 161,369
-1.97%
53 Raptoreum RTM $ 0.0000722
$ 56,925
$ 56,925
+5.40%
54 Electric Cash ELCASH $ 0.0478
$ 26,569
$ 26,569
-0.08%
55 Cheesecoin CHEESE $ 0.0000789
$ 21,133
$ 21,133
-0.08%
56 BTC MOBICK BMB $ 139.65
$ 528.56M
$ 528.56 million
-0.25%
57 Crypto Smart Network CSN $ 0.952
$ 476.18M
$ 476.18 million
-0.06%
58 TerraCoin TRC $ 8.80
$ 307.71M
$ 307.71 million
+0.00%
59 MimbleWimbleCoin MWC $ 9.68
$ 106.58M
$ 106.58 million
+1.67%
60 Xphere XP $ 0.0161
$ 29.12M
$ 29.12 million
-3.34%
61 Iron Fish IRON $ 0.0777
$ 5.77M
$ 5.77 million
-0.23%
62 Grin GRIN $ 0.0156
$ 3.67M
$ 3.67 million
-5.90%
63 Weber Energy Network WEN $ 0.0138
$ 2.90M
$ 2.90 million
-9.80%
64 Kadena KDA $ 0.00483
$ 1.64M
$ 1.64 million
+3.41%
65 Fact0rn FACT $ 0.660
$ 616,366
$ 616,366
-12.04%
66 BitcoinII BC2 $ 0.184
$ 455,215
$ 455,215
-3.36%
67 WrappedXTM wXTM $ 0.000417
$ 413,721
$ 413,721
-0.12%
68 Shibacoin SHIC $ 0.0₅248
$ 248,775
$ 248,775
+0.51%
69 ScPrime SCP $ 0.0148
$ 208,980
$ 208,980
-1.34%
70 POW BTC-35W/T PBTC35A $ 0.811
$ 174,150
$ 174,150
+0.00%
71 Phicoin PHI $ 0.000271
$ 89,628
$ 89,628
-0.37%
72 Tonoreum TOR $ 0.0₅382
$ 65,985
$ 65,985
+11.50%
73 BitcoinPoW BTCW $ 0.00630
$ 25,112
$ 25,112
-66.84%
74 ByteCoin BCN $ --
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75 Bitcoin Diamond BCD $ --
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76 Bytom BTM $ --
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77 Groestlcoin GRS $ --
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78 DigitalNote XDN $ --
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79 ZClassic ZCL $ --
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80 Litecoin Cash LCC $ --
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81 PrimeCoin XPM $ --
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82 FeatherCoin FTC $ --
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83 AEON AEON $ --
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84 Bismuth BIS $ --
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85 CounterParty XCP $ --
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86 MyriadCoin XMY $ --
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87 PotCoin POT $ --
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88 Anoncoin ANC $ --
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89 Omni OMNI $ --
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90 NewYorkCoin NYC $ --
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91 QuarkCoin QRK $ --
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92 0xBitcoin 0XBTC $ --
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93 Lethean LTHN $ --
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94 Karbo KRB $ --
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95 Wood Coin LOG $ --
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96 Pakcoin PAK $ --
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97 BolivarCoin BOLI $ --
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98 Citadel CTL $ --
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99 XanaxCoin XNX $ --
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100 Enecuum ENQ $ --
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Trending Proof-of-work coins

Top Gainers

Coins Live Price Market cap 24h
Monero XMR $ 349.51
$ 6.57B
$ 6.57 billion
+4.38%
Flux FLUX $ 0.0438
$ 18.17M
$ 18.17 million
+3.73%
QUBIC QUBIC $ 0.0₆462
$ 64.76M
$ 64.76 million
+3.11%
Bitcoin Cash BCH $ 224.07
$ 4.50B
$ 4.50 billion
+3.04%
ERGO ERG $ 0.223
$ 18.60M
$ 18.60 million
+2.73%
All Gainers

Market Cap

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Pro Chart

What is a proof-of-work coin?

A proof-of-work (PoW) coin is a cryptocurrency that uses the proof-of-work consensus mechanism to validate transactions and add new blocks to its blockchain.
Miners compete to solve complex cryptographic puzzles; the first to find the solution broadcasts the new block, earns the block reward, and secures the network.
This process is intentionally energy-intensive and creates the “work” that makes rewriting history expensive.

How PoW Works (Step-by-Step)

  1. Transactions broadcast – users send coins; nodes collect them into a mempool.
  2. Hash puzzle – miners race to find a nonce that produces a hash below the current difficulty target.
  3. Winner broadcasts – the successful miner submits the new block; others verify the hash.
  4. Consensus & reward – once accepted, the miner receives newly minted coins + transaction fees.
  5. Difficulty adjustment – the network retargets puzzle hardness to keep block time stable (e.g., 10 min for Bitcoin).

Key Properties

  • Energy-intensive – Bitcoin alone uses ~150 TWh/year; criticism from environmental groups.
  • High security – 51% attack requires controlling >half of global hash power → expensive & detectable.
  • Decentralized minting – anyone with ASICs/GPUs can participate; no pre-mine or stake needed.
  • Fixed supply schedule – block rewards halve at set intervals (Bitcoin every 210,000 blocks).

PoW vs PoS (Snapshot)

Metric Proof-of-Work Proof-of-Stake
Energy use Very high (ASIC farms) Minimal (validators stake coins)
Entry barrier Hardware + electricity Capital (must buy & lock coins)
Attack cost Hash power + electricity 51% of staked coins
Finality time ~10–60 min (BTC, LTC) ~2–15 min (ETH, ADA)
Environmental tag “Dirty” “Green”

Major PoW Coins

Coin Launch Hash Algo Block Time Emission Curve
BTC 2009 SHA-256 10 min Halves every 4 yrs
LTC 2011 Scrypt 2.5 min Halves every 4 yrs
DOGE 2013 Scrypt (merge-mined) 1 min 10k DOGE per block (infinite)
ETC 2016 Ethash 13 sec Halves every 5 yrs
XMR 2014 RandomX 2 min Tail emission (0.6 XMR/block)

Benefits of PoW

  • Battle-tested security – 14 years of Bitcoin uptime; no successful 51% attack on BTC.
  • Fair launch – minting open to anyone with hardware; no ICO or pre-mine required.
  • Energy = security – electricity spent = real-world cost to rewrite history.
  • Supply predictability – halving cycles create transparent scarcity narrative.

Limitations / Criticisms

  • Environmental impact – Bitcoin uses ~0.6% of global electricity; ESG pressure on miners.
  • Scalability bottleneck – 7 TPS (BTC) vs 24,000 TPS (Visa); needs Layer-2 (Lightning, rollups).
  • Hardware arms race – ASIC monopoly pushes mining into data-center farms → centralisation risk.
  • Regulatory scrutiny – some jurisdictions ban PoW mining or tax energy heavily.

Final Thoughts

Proof-of-work remains the most battle-tested consensus mechanism, powering the top two cryptocurrencies by market cap and hashrate. While energy use and scalability concerns push newer chains toward proof-of-stake, PoW coins still offer unmatched security and a predictable monetary policy. Treat them as “digital commodities” with real-world energy backing—and keep an eye on Layer-2 solutions for scalability fixes.

Useful / Related Links