Why is Bitcoin mining not profitable anymore?

As the difficulty of mining bitcoin increases, and the price lags behind , it is becoming harder and harder for small miners to make a profit. It all comes down to scale and access to cheaper prices. When people enter the space, without prior relationships, they struggle to compete with established mining operations.10 Mar 2022

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Is it better to mine ETH or BTC?

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 .

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How much hash is in a ETH?

The current Ethereum hashrate is 1.04 PH/s, representing the global Ethereum network hashrate with a mining difficulty of 12.50 P at block height 14,467,550. … Current Ethereum Hashrate. Hashrate Unit/sHashHashes Per SecondH/s (Hash)1OnekH/s (KiloHash)1,000One ThousandMH/s (MegaHash)1,000,000One MillionEthereum Hashrate Chart – ETH Hashrate – CoinWarz www.coinwarz.com › mining › ethereum › hashrate-chart

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