Ethereum mining profitability Reddit

Therefore, Ethereum mining is still profitable at the moment, although not as profitable as it has been in recent months , but in the coming months its profitability could drop quite a bit, especially if the price of ETH does not increase.15 Oca 2022

Mining Ethereum made increasingly more money over the course of 2020 and early 2021 , with profits effectively doubling within a single month.

The original Ethereum blockchain came with an intrinsic feature that increased the difficulty of mining over time—the more blocks that were mined, the more difficult and time-consuming it became to mine the next block .

ETH estimated rewards are calculated based on different network factors, but the factor that mostly affects the estimated rewards (in ETH) is block reward . 2 ETH is base reward miners always receive, while dynamic transaction fee depends on how much users of network are paying for transaction to get confirmed.