Carbide Forstner. I bought two sets of Forstners in nice wooden cases from Wood craft on a closeout a decade alone, one set steel, one carbide. If the type I got have a more descriptive name than that I don't know it. Each has two pointed carbide cutters on the outer diameter and two long flat cutters. They are very much like this inexpensive metric sets I got more recently: https://www.amazon.com/gp/product/B01MEBWIYM
Most of what I use Forstner bits for doesn't need perfectly clean holes. The carbide Forstner bits are not bad but don't cut as cleanly as the high end Forstners.
JKJ