Can you use an ASIC miner to mine ETH? – Enpatika
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Can you use an ASIC miner to mine ETH?

Can you use an ASIC miner to mine ETH?

28 March 2022 Enpatika.com Genel

ASICs used in mining incorporate microprocessors that are specifically made and suited for mining Bitcoin, Litecoin, Ethereum Classic, and other cryptocurrencies that use proof-of-work algorithms . This device contains several microprocessors combined in a circuit.

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Is Bitcoin mining the same as Ethereum mining?

28 March 2022 Enpatika.com Genel

In Bitcoin, every time a miner adds a block to the blockchain, he is rewarded with 6.25 bitcoins, a rate set in November 2021. In Etherium a miner, or validator, receives a value of 3 ether every time a block is added to the blockchain, and the reward will never be halved.

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Can you mine Ethereum with Bitcoin?

28 March 2022 Enpatika.com Genel

Ether was designed as a coin that could only be mined with consumer graphics processing units, or GPUs. This puts it in contrast with Bitcoin, which can only be mined effectively with specialized devices commonly referred to as application-specific integrated circuit machines, or ASICs .

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