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Home Cryptocurrencies Proof of Work Coins

List of All Proof of Work (POW) Coins
March 2023

Proof of work is Bitcoin's consensus mechanism and is accepted as the most secure system for blockchain security. Read our article to learn more about Proof of Work (PoW)
Symbol Coin Name Price 7 Day Chart Highest Staking Yield
Bitcoin logo BTC
Bitcoin
$28,451.47
6.1% arrow up arrow down 24 Hr
Buy
Go
27.6%
APY
Dogecoin logo DOGE
Dogecoin
$0.08
6% arrow up arrow down 24 Hr
Buy
Go
7.5%
APY
Litecoin logo LTC
Litecoin
$92.71
7.2% arrow up arrow down 24 Hr
Buy
Go
5.5%
APR
Ethereum Classic logo ETC
Ethereum Classic
$21.22
5.7% arrow up arrow down 24 Hr
Buy
Go
3.28%
APY
Monero logo XMR
Monero
$3.52
3% arrow up arrow down 24 Hr
Buy
Go
3%
APY
Bitcoin Cash logo BCH
Bitcoin Cash
$127.91
3.6% arrow up arrow down 24 Hr
Buy
Go
8%
APY
Conflux logo CFX
Conflux
$0.00016
21.7% arrow up arrow down 24 Hr
Buy
Bitcoin SV logo BSV
Bitcoin SV
$41.01
2.7% arrow up arrow down 24 Hr
Buy
Go
4.5%
APR
ZEC
Zcash
$0.41
4% arrow up arrow down 24 Hr
Buy
Go
0.3%
APY
ETHW
EthereumPoW
$3.74
1.6% arrow up arrow down 24 Hr
Buy
RVN
Ravencoin
$0.03
2.7% arrow up arrow down 24 Hr
Buy
Go
4.5%
APY
KDA
Kadena
$1.09
0.9% arrow up arrow down 24 Hr
Buy
Go
1%
APY
SC
Siacoin
$0.0042
0.1% arrow up arrow down 24 Hr
Buy
Go
0.5%
APY
CKB
Nervos Network
$0.00365
3% arrow up arrow down 24 Hr
Buy
Go
1%
APY
FLUX
Flux
$0.78
0.1% arrow up arrow down 24 Hr
Buy
Go
4%
APY
DGB
DigiByte
$0.00986
0.4% arrow up arrow down 24 Hr
Buy
Go
0.5%
APY
ZEN
Horizen
$9.88
3.5% arrow up arrow down 24 Hr
Buy
Go
0.3%
APY
SYS
Syscoin
$0.16
2.8% arrow up arrow down 24 Hr
Buy
Go
2%
APY
KAS
Kaspa
$0.00665
6.6% arrow up arrow down 24 Hr
Buy
ERG
Ergo
$0.000483
2% arrow up arrow down 24 Hr
Buy
GRS
Groestlcoin
$0.40
4.2% arrow up arrow down 24 Hr
Buy
Go
1%
APY
MONA
MonaCoin
$0.000568
-2.7% arrow up arrow down 24 Hr
Buy
Go
0.0147%
APY
FIRO
Firo
$2.02
0.5% arrow up arrow down 24 Hr
Buy
Go
5%
APY
HTR
Hathor
$0.00555
0.2% arrow up arrow down 24 Hr
Buy
NMC
Namecoin
$1.43
-2.9% arrow up arrow down 24 Hr
Buy
HUSD
HUSD
$0.13
-1% arrow up arrow down 24 Hr
Buy
Go
8%
APR
QRL
Quantum Resistant Ledger
$0.13
5.5% arrow up arrow down 24 Hr
Buy
MWC
MimbleWimbleCoin
$0.75
47.4% arrow up arrow down 24 Hr
Buy
VTC
Vertcoin
$0.01
2.5% arrow up arrow down 24 Hr
Buy
DIME
Dimecoin
$1.55E-5
0.2% arrow up arrow down 24 Hr
Buy
XCP
Counterparty
$0.00852
-10.2% arrow up arrow down 24 Hr
Buy
MOON
Mooncoin
$3.85E-5
7.4% arrow up arrow down 24 Hr
Buy
GRIN
Grin
$0.08
-10.9% arrow up arrow down 24 Hr
Buy
BEAM
Beam
$0.04
-2.4% arrow up arrow down 24 Hr
Buy
SCP
ScPrime
$0.02
-3.9% arrow up arrow down 24 Hr
Buy
BCN
Bytecoin
$4.08E-5
-0.5% arrow up arrow down 24 Hr
Buy
CARBON
Carboncoin
$0.000219
-2.6% arrow up arrow down 24 Hr
Details
LCC
Litecoin Cash
$0.00343
1.6% arrow up arrow down 24 Hr
Buy
ARC
Advanced Technology Coin
$0.30
0.1% arrow up arrow down 24 Hr
Buy
ENQ
Enecuum
$0.01
-1.8% arrow up arrow down 24 Hr
Buy
IFC
Infinitecoin
$0.03
-2.9% arrow up arrow down 24 Hr
Details
WOW
Wownero
$0.04
5.7% arrow up arrow down 24 Hr
Buy
FLG
Folgory Coin
$0.37
2.6% arrow up arrow down 24 Hr
Details
AEON
Aeon
$0.11
-0.9% arrow up arrow down 24 Hr
Buy
EMC2
Einsteinium
$0.00854
12.3% arrow up arrow down 24 Hr
Buy
TENT
TENT
$0.04
-1.3% arrow up arrow down 24 Hr
Details
SIB
SIBCoin
$0.11
-1.7% arrow up arrow down 24 Hr
Buy
XPM
Primecoin
$0.03
-1.9% arrow up arrow down 24 Hr
Buy
FTC
Feathercoin
$0.02
1.3% arrow up arrow down 24 Hr
Buy
BSTY
GlobalBoost-Y
$0.12
-7.7% arrow up arrow down 24 Hr
Buy
BTCZ
BitcoinZ
$0.000131
3.1% arrow up arrow down 24 Hr
Buy
VIA
Viacoin
$0.05
-0.5% arrow up arrow down 24 Hr
Buy
DINGO
Dingocoin
$1.78E-5
-10% arrow up arrow down 24 Hr
Buy
UBQ
Ubiq
$0.03
3.2% arrow up arrow down 24 Hr
Buy
NYC
NewYorkCoin
$0.00455
-2.9% arrow up arrow down 24 Hr
Buy
EFL
e-Gulden
$0.05
-2.9% arrow up arrow down 24 Hr
Details
FJC
FujiCoin
$0.000193
-0.9% arrow up arrow down 24 Hr
Details
GLC
Goldcoin
$0.00455
-3.4% arrow up arrow down 24 Hr
Buy
BIS
Bismuth
$0.03
7.2% arrow up arrow down 24 Hr
Buy
MUNT
MUNT
$0.02
-1.5% arrow up arrow down 24 Hr
Buy
IXC
Ixcoin
$0.00654
2.7% arrow up arrow down 24 Hr
Buy
HUSH
Hush
$0.05
-0% arrow up arrow down 24 Hr
Details
XDN
DigitalNote
$6.75E-5
3.4% arrow up arrow down 24 Hr
Buy
ZCL
ZClassic
$0.00881
2% arrow up arrow down 24 Hr
Buy
QRK
Quark
$0.00153
13.7% arrow up arrow down 24 Hr
Buy
OMNI
Omni
$1.35
0% arrow up arrow down 24 Hr
Details
POT
PotCoin
$0.00409
-13.6% arrow up arrow down 24 Hr
Buy
KRB
Karbo
$0.05
-3.3% arrow up arrow down 24 Hr
Buy
DYN
Dynamic
$0.04
21.1% arrow up arrow down 24 Hr
Buy
MCM
Mochimo
$0.03
0.3% arrow up arrow down 24 Hr
Details
LOG
Woodcoin
$2.84E-5
70.1% arrow up arrow down 24 Hr
Buy
PIN
Public Index Network
$0.00197
-1.8% arrow up arrow down 24 Hr
Buy
CANN
CannabisCoin
$0.14
-2.6% arrow up arrow down 24 Hr
Buy
PAK
Pakcoin
$0.00521
0.1% arrow up arrow down 24 Hr
Buy
TRC
Terracoin
$0.02
-0.6% arrow up arrow down 24 Hr
Buy
SCC
StakeCubeCoin
$0.02
2.2% arrow up arrow down 24 Hr
Details
MUE
MonetaryUnit
$0.0046
0.4% arrow up arrow down 24 Hr
Buy
DBIX
DubaiCoin
$0.73
0% arrow up arrow down 24 Hr
Details
CURE
Curecoin
$0.01
0.3% arrow up arrow down 24 Hr
Buy
GCC
Global Cryptocurrency
$0.000167
-0.6% arrow up arrow down 24 Hr
Details
IRD
Iridium
$0.01
-0.6% arrow up arrow down 24 Hr
Buy
FRC
Freicoin
$0.00153
-1.3% arrow up arrow down 24 Hr
Buy
LTHN
Lethean
$0.000185
-14% arrow up arrow down 24 Hr
Buy
VIP
Limitless VIP
$0.000406
0% arrow up arrow down 24 Hr
Details
XCN
Cryptonite
$0.000219
-2.1% arrow up arrow down 24 Hr
Details
DOPE
DopeCoin
$0.000163
-2.9% arrow up arrow down 24 Hr
Details
XMY
Myriad
$0.57
-16.5% arrow up arrow down 24 Hr
Buy
YOC
Yocoin
$6.46E-5
-0.7% arrow up arrow down 24 Hr
Buy
ZER
Zero
$0.01
-13.6% arrow up arrow down 24 Hr
Buy
XRC
xRhodium
$0.000756
8.9% arrow up arrow down 24 Hr
Buy
KAT
KatKoyn
$0.0025
-40.8% arrow up arrow down 24 Hr
Buy
EXP
Expanse
$0.0046
-0.8% arrow up arrow down 24 Hr
Buy
XWP
Swap
$0.00416
0.9% arrow up arrow down 24 Hr
Buy
SLR
SolarCoin
$0.00436
-2.9% arrow up arrow down 24 Hr
Details
KURT
Kurrent
$0.00241
-0.8% arrow up arrow down 24 Hr
Details
SMC
SmartCoin (SMC)
$0.00899
1% arrow up arrow down 24 Hr
Details
BTA
Bata
$0.11
-0% arrow up arrow down 24 Hr
Buy
CTL
Citadel
$0.00833
-2.9% arrow up arrow down 24 Hr
Buy
PHO
Photon
$4.41E-6
-9.8% arrow up arrow down 24 Hr
Details
BOLI
Bolivarcoin
$0.00263
755% arrow up arrow down 24 Hr
Buy

What is Proof of Work

POW (Proof of Work) is a consensus mechanism designed by Satoshi Nakamoto for Bitcoin. Proof of Work is a protocol created mainly for blocking attempts and spam aimed at making it difficult for any system to work.

The Bitcoin network relies heavily on Proof of Work. If it were not for such an energy-intensive process, it would be easy for bad actors to attack the network and “double-spend” Bitcoin. In order for blockchain networks to function correctly, they need to design their networks accordingly by adopting certain consensus algorithms. Here POW is one of these algorithms.

In fact, POW is known as the first algorithm released. As it turns out, the original cryptocurrency Bitcoin (BTC) uses the POW algorithm. The POW algorithm can also be defined as a mechanism that works to ensure that transactions that occur on the network do not repeat, that is, they do not occur more than once. We see that cryptocurrencies with large networks such as BTC usually adopt the Proof of Work algorithm. Consensus or consensus mechanisms ensure that distributed ledgers in blockchain networks have a more secure structure.

Proof of Work and Computing power requirement

Proof of work requires an expensive computer calculation, or mining, in other terms. To produce trustless transactions on the blockchain, mining is required. The transactions are first assembled and packed together into a block. Then, within each block, miners verify transactions to see if they are authentic. To advance, miners must first solve a mathematical riddle known as a proof of work problem. Every miner must compete. Then, for each block problem, the first miner who solves it gets paid. Finally, the blockchain is used to keep the validated transactions. Proof of Work is the dominant consensus model used in Bitcoin, the largest cryptocurrency, as well as other cryptocurrencies such as Litecoin, Dogecoin, Bitcoin Cash, and Monero. Bitcoin was the first and most widely used Proof-of-Work cryptocurrency. It is the coin that introduced the Proof-of-Work concept to the cryptocurrency industry. Furthermore, since its inception, Ethereum has relied on POW consensus.

Advantages of Proof of Work

The main advantage of Proof of Work is security at first. It's one of the safest ways to reach a consensus. Also, POW provides a decentralized approach for transaction verification. In addition to these, it allows miners to earn cryptocurrency in exchange for their efforts. The possibility of mining is determined by the amount of computing effort completed.

Disadvantages of Proof of Work

The main disadvantage of Bitcoin's Proof of Work model is that it uses a lot of energy for mining. Statements about this situation suggest that the entire Bitcoin network has a carbon footprint comparable to that of the country of Morocco. Another drawback is that mining for cryptocurrencies such as Ethereum has ignited a tremendous demand for powerful PC graphics cards (or GPUs), causing widespread device shortages and price hikes. This has led to the fact that manufacturers have weakened the mining capabilities of graphics cards to make them less desirable for miners.

Mining a cryptocurrency is one of the most well-known examples of POW. Now, let's take a look at some of the most well-known Proof of Work cryptocurrencies. If we start with Bitcoin, since its inception in 2009, it has been the first cryptocurrency. It was the first cryptocurrency to establish the notion of proof of work, which would later be adopted by many other coins. Also, Litecoin was one of the first altcoins or Bitcoin alternatives. It was launched in 2011 and is based on Bitcoin technology. It promises faster transaction speeds. Dogecoin is a cryptocurrency that was founded in 2013 and is based on the Doge meme. Despite the fact that it began as a joke, it grew a loyal following.

Proof of Work Coin Comparisons

Article by Yunis
30 June 2021 (Updated 29 March 2023)
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