While ethereum’s mining difficulty is not as high compared to bitcoin, it is still a difficult, energy and computationally intensive process that discourages the average person. However, a lot of solo miners remain in the ethereum ecosystem and continue to make a profit from their mining activities .
Read moreHow much hash does it take to solo mine Ethereum?
To mine 1 Ethereum, you require a rig with a hash rate of 15,500 megahash a second or mh/s. This is the speed of your mining rig. To build a mining rig with such a high hash rate, you require more than 90 GPUs, which would cost you more than $100,000.
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 moreIs ETC profitable to mine?
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 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 moreIs ETC hard to mine?
Although Ethereum Classic (ETC) is considered a relatively easy coin to mine , there are a number of things that you need to consider before you start your hashing for some ETC. These include factors such as the type of hardware you buy to the mining software you install and the configuration of said software.
Read moreIs ETC or ETH more profitable?
ETC, Ethereum is a clear winner so far . The market capitalization of Ether as of Q3 2021 is $460 billion.
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