Can you ASIC miner Ethereum?

First, Ethash, the algorithm used to mine ethereum, is already fairly ASIC-resistant . It is an adaptation of bitcoin’s Proof of Work (PoW) algorithm and uses Decentralized Acyclic Graphs (DAG). … This means that mining coins may become a redundant in the future ethereum network.

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Is buying an Antminer worth it?

The Antminer S17 is a profitable piece of hardware (at current conditions) that still yields a positive ROI when mining Bitcoins . However, as more and more companies emerge in the mining hardware market, it becomes easier to find cheaper alternatives to Bitmain if you can’t find an S17 at a decent price.

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