Proof-of-work coins

110 coins #6 Page 2

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

# Coins Price Market cap 24h

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

51 Lethean LTHN $ --
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52 Wood Coin LOG $ --
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53 BolivarCoin BOLI $ --
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54 Citadel CTL $ --
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55 Enecuum ENQ $ --
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56 Iridium IRD $ --
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57 Swap XWP $ --
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58 wownero WOW $ --
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59 BTC MOBICK BMB $ 459.00
$ 1.74B
$ 1.74 billion
-2.34%
60 Weber Energy Network WEN $ 3.50
$ 734.96M
$ 734.96 million
+0.06%
61 Crypto Smart Network CSN $ 0.598
$ 299.00M
$ 299.00 million
+0.00%
62 MimbleWimbleCoin MWC $ 23.45
$ 257.84M
$ 257.84 million
-5.97%
63 Xphere XP $ 0.00713
$ 12.88M
$ 12.88 million
-0.57%
64 Iron Fish IRON $ 0.132
$ 9.09M
$ 9.09 million
-1.06%
65 Kadena KDA $ 0.0108
$ 3.66M
$ 3.66 million
-0.02%
66 BitcoinII BC2 $ 0.671
$ 1.66M
$ 1.66 million
-3.12%
67 WrappedXTM wXTM $ 0.00234
$ 1.53M
$ 1.53 million
-5.98%
68 Fact0rn FACT $ 1.23
$ 1.15M
$ 1.15 million
-1.21%
69 Omni OMNI $ 1.25
$ 774,334
$ 774,334
+0.00%
70 Shibacoin SHIC $ 0.0₅676
$ 652,802
$ 652,802
+8.98%
71 DANGNN DANGNN $ 0.0000362
$ 362,300
$ 362,300
-0.06%
72 ScPrime SCP $ 0.0169
$ 227,894
$ 227,894
+4.77%
73 Tonoreum TOR $ 0.0₅367
$ 70,791
$ 70,791
-4.85%
74 BitcoinPoW BTCW $ 0.0140
$ 55,805
$ 55,805
+64.67%
75 Interchained WITC $ 0.168
$ 5,940
$ 5,940
+0.00%
76 TerraCoin TRC $ 0.000110
$ 3,846
$ 3,846
+2.04%
77 Bitcoin Rocket BTCR $ --
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78 Ycash YEC $ 0.342
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+3.48%
79 Digital Kash DKASH $ --
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80 SparkPoint Fuel SFUEL $ --
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81 Riecoin RIC $ --
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82 Sugarchain SUGAR $ --
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83 Aves AVS $ --
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84 Bellscoin BEL $ --
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85 Phicoin PHI $ --
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86 Ore ORE $ --
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87 Nebula chain NEBX $ --
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88 TUSKE TSK $ --
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89 SAFCOIN SAF $ --
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90 Flokicoin FLC $ --
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91 FlapXcoin FLAPX $ --
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92 BLOCX BLOCX $ --
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93 Tres Chain TRES $ --
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94 XPower XPOW $ --
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95 Altcoinchain ALT $ --
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96 Bigcoin BIG $ --
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97 XanaxCoin XNX $ --
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98 Cellula Token CELA $ --
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99 Hoosat Network HTN $ --
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100 Thoreum THR $ --
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Trending Proof-of-work coins

Top gainers

Coins Price Market cap 24h
DigiByte DGB $ 0.00623
$ 112.33M
$ 112.33 million
+7.31%
Monero XMR $ 411.07
$ 7.58B
$ 7.58 billion
+2.17%
Flux FLUX $ 0.112
$ 45.70M
$ 45.70 million
+1.03%
BELDEX BDX $ 0.0906
$ 677.80M
$ 677.80 million
+0.70%
BEAM BEAM $ 0.0322
$ 5.96M
$ 5.96 million
+0.25%
All gainers

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.

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