Is Ethereum legal?

Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender , Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender. Speaking to ANI, Finance Secretary said, “Digital rupee will be backed by RBI which will never default.

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What do you mine after Ethereum?

The most profitable coins after Ethereum right now are: FIRO, Ravencoin and Cortex . Remember that it may change fast, maybe in a day or even in an hour. The system of any cryptocurrency mined on GPUs may be considered a closed loop: miners often switch from one coin to another depending on mining profitability.

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How hard is Ethereum to mine?

Mining Ethereum (ETH) was at its hardest in March 2021, as network difficulty reached an all-time high of nearly 6,000 terahash. … Average mining difficulty of Ethereum from July 2015 to January 9, 2021 (in terahash) CharacteristicMining difficulty in TH–• Ethereum mining difficulty 2014-2021 | Statista www.statista.com › statistics › mining-difficulty-ethereum

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Is mining Ethereum profitable?

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.

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