Monero is one of the top privacy coins on the market. It currently resides in 10th place on the market cap list, and it has one of the most engaged communities of developers and users around. Mining Monero is one of the most user-friendly mining experiences out there. Monero uses an algorithm called cryptonight. This algorithm can also be efficiently mined on CPUs and GPUs. Even regular users who don’t have special mining hardware can engage in Monero’s mining community. Of course, Monero isn’t the only coin that uses Cryptonight. Other options are Karbo, Electroneum, Bytecoin, and SumoKoin.