“Ethermine remained the largest ETH mining pool with 25.0% share, up 21.5% from September – followed by unknown miners (21.8%) and F2Pool (20.5%) . The top 5 known pools now account for 65.4% of ETH blocks.” Ethereum miners have cashed in the most in the crypto space so far this year, even surpassing Bitcoin miners.
Read moreHow long does it take to mine 1 Ethereum 2022?
As of Sunday, March 27, 2022, it would take 29.2 days to mine 1 Ethereum at the current Ethereum difficulty level along with the mining hashrate and block reward; a Ethereum mining hashrate of 2,500.00 MH/s consuming 1,200.00 watts of power at $0.10 per kWh, and a block reward of 2 ETH.
Read moreHow much do mining rigs make 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.
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