There are no "best" version of captcha. I've worked on several large scale projects where captcha was floated and then quickly abandoned in favor of other methods like Honeypot or using other methods to weed out bots and other 3rd party agents.
If you have to use captcha the least worst are probably reCaptcha V2 and hCaptcha for accessibility.
Bots are an inherent problem with free, advertisement-fueled web. If you want to get rid of them, it's trivial, but requires an re-understanding of how we use the web.
Even renting the compute on AWS, it only costs $0.01 per minute for the equivalent of a decent desktop computer (c8g.4xlarge). While an attacker will likely either use a botnet, or hardware better suited for solving the PoW than the hardware the user is using.
Though CAPTCHAs don't really work well anymore either, since solving services are quite cheap. Recaptcha is nowadays primarily based on other factors, like IP reputation, susceptibility to google tracking, and behavioral scoring.