Cryptocurrency Mining and VPN
Cryptocurrency mining has become a popular money-earning scheme even though it is neither necessarily transparent nor easy to do. It requires you to have good (and rather expensive) mining equipment, both hardware and software, and a decent amount of computer skills.
Nevertheless, if you are set to try your luck this way, you might wonder whether using a VPN while mining is required, recommended, or completely unnecessary.
What does a VPN do?
VPN, short for Virtual Private Network, provides a private network in a virtual (i.e. online) setting. VPNs hide your location and identity by obscuring your IP address and, thanks to encryption, render your online traffic incomprehensible to everyone but the VPN server. Of course, a dedicated link achieves the same. Yet, the advantage of VPNs over dedicated links is the price – the former cost much less.
Because of their usefulness, VPNs are used by companies and individuals alike. Businesses require a VPN if they have staff working remotely, as they will need to communicate online and share sensitive data. Ordinary computer users may also prefer keeping their things private. Still, many, especially those who travel a lot, use VPNs to bypass geographical restrictions in accessing certain platforms such as Netflix, HBO, Amazon, etc.
Is Having a VPN Essential for Crypto Mining?
No, having a VPN while crypto mining is by no means essential, though it is strongly recommended. After all, its primary function is to ensure your online safety, so it cannot hurt to have one. Hacker attacks on crypto miners, although not very likely these days, can happen, and a VPN can protect you.
You should avoid using your own personal computer for mining, but if you have no other choice, protecting yourself with a VPN is a really sensible thing to do.
Also, buying and selling cryptocurrency is something you should not do without a trusty VPN to have your back.
Advantages of Crypto Mining with a VPN
There are several good reasons to get a VPN for crypto mining.
First of all, a VPN will protect you from potential attacks, including those of cryptojackers. Secondly, a VPN can prevent data and bandwidth throttling by your ISP (Internet Service Provider). Finally, your location becomes irrelevant with a VPN, and you can mine on any pool.
Disadvantages of Crypto Mining with a VPN
The only negative effect that a VPN might have on your crypto mining is slowing down your speed. A VPN can increase your latency – the time interval between a request and a response – which is something you do not want. However, a reliable VPN should be able to keep your latency low.
Which VPN Service Providers are Best for Cryptomining?
Below, you can find some of the best options for crypto mining.
Express VPN is advertised as the best VPN for gaming, which, like mining, requires low latency. You are allowed to check your speed and choose the fastest server possible to avoid stale shares on pools. Plus, ExpressVPN is really easy to set up.
Another preferred choice of gamers. This VPN is accompanied by a small reduction in upload and download speed, but this does not increase latency. In addition, the fact that it uses advanced servers guarantees you privacy.
TunnelBear frequently changes your IP, making it harder for others to track you. It is user-friendly, provides strong encryption, and does not significantly reduce your internet speed.
Even though it is doable without a VPN, crypto mining is one of those online activities you want to keep away from prying eyes.
One of the safest ways to achieve that is through a VPN. A reliable VPN will protect your identity and online traffic while keeping your speed and latency optimum at the same time.
Recommended VPN service 2023
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WHY I LIKE NORDVPN NordVPN has long been regarded as one of the strongest brands in cybersecurity. With one of the largest server offerings on my list and support for most, if not all operating systems, making NordVPN an obvious choice for many. They have 24/7 customer support if you need help getting started. Their app is one of the most well-designed apps I have ever used. NordVPN even accepts cryptocurrencies as payment for extra anonymity.
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WHY I LIKE PROTONVPN: ProtonVPN is based in Switzerland and is most known for their e-mail service ProtonMail. They currently offer the safest free VPN services on the market. There is also support for TOR usage and P2P file sharing. I highly recommend ProtonVPN if you are intending to do some extensive online sharing. It goes without saying that Proton does not collect logs of any kind and is completely safe to use.
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WHY I LIKE CYBERGHOST CyberGhost VPN is the first choice of many other cybersecurity experts, and the reason is clear; they have the most complete VPN service. An incredible number of extra features that are best suited for the more advanced users but also work flawlessly for every-day purposes like P2P-filesharing. Cyberghost VPN also has the longest stretching money-back guarantee at a full 45 days.
SUP46, Start-Up People of Sweden, Regeringsgatan 6th floor, Stockholm
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