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 you mine eth solo?
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 can you make mining ETC?
After deducting mining power costs and mining fees, the final daily Ethereum Classic mining profit is $12.25 Ethereum Classic to USD .
Read moreCan a single person mine ethereum?
Well, unfortunately, no . Even though the current profitability of mining some small coins is decent, the amount of hash power mining on the Ethereum network is astronomically higher than other coins that can be mined with consumer GPUs.
Read moreWhat is a good hash rate for ETC?
Network Difficulty CoinNetwork HashrateNetwork DifficultyEthereum Classic27.02 TH/s355.03 TErgo20.69 TH/s2.16 PBitcoin GOLD2.19 MS/s174.48 KCortex18.78 KGps6.04 KEthereum Classic ETC Network Hashrate Chart – 2Miners 2miners.com › etc-network-hashrate
Read moreCan you mine Ethereum alone?
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 more