Is crypto mining profitable 2020?

As the number of miners on the network (and the mining difficulty) increases, the income of each individual miner drops by a notch. This is exacerbated by the fact that crypto-whales have started dumping their wallets onto the market, causing a further drop in the value of Ether, and therefore, the income of miners .

Ethereum has been a hot topic in 2021. A year ago, in October 2020, Ethereum was worth just under $400 per token. Today it is worth nearly $3,500 per token with many crypto enthusiasts bullish on its future value.

Ethereum Mining Reward Forecasts Time FrameETH RewardsRevenue USD*Hourly0.00041059$1.07Daily0.00985420$25.73Weekly0.06897938$180.09Monthly0.2956$771.82Ethereum Mining Calculator – CoinWarz www.coinwarz.com › mining › ethereum › calculator