Originally Answered: What would happen to Bitcoin if no one mined it? If miners stopped mining then bitcoin would die because miners mine new bitcoin but they keep the system running by confirming transactions. If they stop confirming then the system falls apart.
Read moreWhat is most profitable crypto to mine?
Bitcoin is still the most profitable coin to mine with an ASIC, but not GPU. Bitcoin GPU mining is not profitable currently even with a mining pool. But you can mine with pools that allow you to contribute the hash rate to mine other crypto and get rewarded in Bitcoin.
Read moreWhat crypto can be mined 2021?
Answer: Best includes Ethereum, Monaco, Monero, Vertcoin, Grin, Monero, ZCash, Bitcoin Gold, Haven, Ravencoin, Litecoin, and Aeternity . Check comparison mining calculators to confirm because profitability keeps changing. Be sure to check the top cryptocurrency mining software you can use to mine these cryptocurrencies.5 gün önce
Read moreWhat happens when Bitcoin mining is no longer profitable?
But if Bitcoin mining in the absence of block rewards ceases to be reliably profitable, then some negative outcomes can occur: Miners form cartels : Groups of miners may collude in an attempt to control mining resources and command higher transaction fees.
Read moreWhat is the most profitable thing to mine?
Bitcoin is the most profitable coin to mine currently , although not if you’re an individual miner, in most cases. Bitcoin mining is extremely competitive, requires specialized hardware in the form of ASIC (Application Specific Integrated Circuit) rigs, and requires cheap electricity in order to maximise earnings.
Read moreWhat can you mine with one GPU?
To mine Bitcoin with one GPU, you will want to see if it can mine Ethereum or Ethereum Classic . Mine one of those two, then convert all your ethereum/ethereum classic to bitcoin. Sure.
Read moreCan my GPU mine Crypto?
GPUs used for mining can have lower performance than non-mining cards . As cryptocurrency mining GPUs often run 24/7, they can have permanent damage, reducing their performance, sometimes beyond repair. Run a benchmark test on your GPU, like Furmark, and compare the score to brand new ones on the internet.
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