According to BitInfoCharts, a platform that tracks key crypto metrics, the average reward for mining a block on the Ethereum blockchain is roughly ETH 4, which at the time of writing, is worth $3,140 or roughly Rs. 2 lakh . This suggest that the miner’s rewards here exceed the average by an eye-watering 17,097 percent.
Read moreHow profitable is ETH mining right now?
As far as profitability on Ethereum mining is concerned, after peaking in mid-May 2021, when average profitability was as high as $0.28 (roughly Rs. 20) per day per MHash/s , it had fallen as low as $0.05 (roughly Rs. 4) between June and July, but then seemed to recover, rising to almost $0.09 (roughly Rs.20 Oca 2022
Read moreIs mining Ethereum profitable 2021?
Mining Ethereum made increasingly more money over the course of 2020 and early 2021 , with profits effectively doubling within a single month.
Read moreIs Ethereum mining profitable 2022?
Yes, mining is profitable in early 2022 . Of course, the profit margin depends on the electricity price you are paying. The lower the electricity price, the better the profits.23 Şub 2022
Read more