The main influencer of how much Ethereum we mine is the difficulty , the higher it is, the lower our returns are going to be. The difficulty is nothing more than the total hashrate of the network divided by the number of miners that are mining on that same network.
Read moreWhy mining profits are low?
Higher the difficulty, lower the profit The more computational power that is required to mine for Bitcoin, the more expensive is the entire process. This means that even if a miner is able to crack the code, his profit margins are shrinking since they have to use more energy to get the same end result.
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