Is Ethereum Classic mining still profitable? Yes, mining Ethereum Classic is still profitable – based on the mining hardware hashrate of 400.00 MH/s, electricity costs, and pool / maintenance fees provided.
Read moreShould I mine Bitcoin or Ethereum?
The answer to the question of which cryptocurrency is better in the choice between Bitcoin vs. Ethereum, it depends entirely on your requirements. While Bitcoin works better as a peer-to-peer transaction system, Ethereum works well when you need to create and build distributed applications and smart contracts .
Read moreCan I mine ETC with GPU?
✅ Ethereum Classic can be efficiently mined with GPU mining machines . ❌ Ethereum Classic cannot be efficiently mined with CPU cards. View our Miners page to discover the most profitable devices for Ethereum Classic mining.
Read moreHow fast can you mine ETC?
It is estimated that mining 1 ETC takes about 440 MH/s of processing power from a GPU mining rig. Currently, Ethereum Classic’s network hashrate is 8.18 TH/s, which is quite low compared to where it was in January 2020.
Read moreIs it better to mine ETC or ETH?
Is Ethereum Classic better than Ethereum? Ethereum Classic has a much smaller and less active development team, as well as a smaller network of miners. This means that Ethereum Classic is much easier to hack , and has already been hacked 3 times this year.
Read moreHow much can I make from mining Ethereum?
For example, as of Dec. 27, the estimated daily profit for an Ethereum miner using a single GPU was $4.59 . For Feathercoin, by way of comparison, miners were estimated to lose $0.58 per day. Obviously, to generate a significant amount of profit, you’d need to host a large number of GPUs using these calculations.
Read moreHow hard is it to mine ETC?
As of Saturday, March 12, 2022, it would take 2.8 days to mine 1 Ethereum Classic at the current Ethereum Classic difficulty level along with the mining hashrate and block reward; a Ethereum Classic mining hashrate of 400.00 MH/s consuming 750.00 watts of power at $0.10 per kWh, and a block reward of 3.2 ETC.
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