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Welcome to the channel everyone. ETC coins are capped at 210 million which gives a level of scarcity to Ethereum Classic. While mining Ethereum is still profitable as of right now. Its trickier to get going compared to Claymore however. Changing the algorithm is part of the ETC security plan presented in August 2020.
Can You Mine Eth Classic. Whether youre new to mining or an experienced miner looking to use NiceHash here are a few things you should know about using this cloud mining software. Based in Slovenia NiceHash is the worlds largest crypto mining marketplace. Yes mining Ethereum is still profitable - based on the mining hardware hashrate of 75000 MHs electricity costs and pool maintenance fees provided. 13052018 Now you can use 3GB AMD and Nvidia graphics cards to mine Ethereum Classic.
Ethereum Price Predictions For The Future Moeda Virtual Tecnologia E Inovacao Tecnologia Da Informacao From pt.pinterest.com
14042019 The mining algorithm used by Ethereum Ethash is designed specifically to be ASIC-resistant in that unlike with Bitcoin theres no real advantage in using custom mining devices with specialised chips to mine ETH. Ethereum Classic can be efficiently mined with GPU mining machines. The only option for miners is to simply buy a newer model. If the algorithm changes the mining device wont be able to mine. You work together with other people. Mining profitability can change very quickly.
Ethereum Classic is in top 10 on CoinMarketCap and also top 10 coi.
14042019 The mining algorithm used by Ethereum Ethash is designed specifically to be ASIC-resistant in that unlike with Bitcoin theres no real advantage in using custom mining devices with specialised chips to mine ETH. Bitmain released the Antminer S17 last year for example. 04102020 HiveOS Hiveon pool All Ethereum Classic miners must update their mining software to an etchash compatibilie version before November 28th. For the miner this means that a computer with a GPU graphics processor will work almost as well as the special ASIC hardware. 13052018 Now you can use 3GB AMD and Nvidia graphics cards to mine Ethereum Classic. This said its unlikely that the average laptop or desktop machine CPU will make you rich any time soon.
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19122020 Ok now that we have that out of the way how do you start mining Ethereum. Right now the most popular hardware for mining Ethereum Classic is the GPU. Bitmain released the Antminer S17 last year for example. And dont forget to check our Mining Hardware Tools page to download the necessary software for setting up your device. Users can also pay gas fees with Ether to reduce spam and allocate resources.
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The only option for miners is to simply buy a newer model. As noted earlier CPU mining is obsolete which has seen miners seek out the best graphics cards from Nvidia and AMD. View our Miners page to discover the most profitable devices for Ethereum Classic mining. Yes mining Ethereum is still profitable - based on the mining hardware hashrate of 75000 MHs electricity costs and pool maintenance fees provided. This technology is made so that individual users can mine Ethereum.
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While mining Ethereum is still profitable as of right now. In theory A10 can mine the cryptocurrency with the same algorithm that Ethereum has. Pool mining Recommended Mining alone Not recommended Using Cloud mining services Not Recommended Pool Mining. These include factors such as the type of hardware you buy to the mining software you install and the configuration of said software. Here is what Innosilicon says.
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04012019 NiceHash has become one of the most popular ways to mine Ethereum ETH. Ethereum Classic cannot be efficiently mined with CPU cards. Right now the most popular hardware for mining Ethereum Classic is the GPU. Ethereum Classic ETC Mining Profitability. For the miner this means that a computer with a GPU graphics processor will work almost as well as the special ASIC hardware.
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Mining profitability can change very quickly. These include factors such as the type of hardware you buy to the mining software you install and the configuration of said software. Whether youre new to mining or an experienced miner looking to use NiceHash here are a few things you should know about using this cloud mining software. In theory A10 can mine the cryptocurrency with the same algorithm that Ethereum has. 13092020 Aside from verifying that Ethereum has no plans to change the mining algo nearly every other piece of information is incorrect - there are Ethash ASICS they can mine either ETH or ETC ETC is weighing changing their mining hash and hash power driving price is at least a consideration even if dismissed.
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Ethereum Classic is in top 10 on CoinMarketCap and also top 10 coi. Here is what Innosilicon says. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy. This said its unlikely that the average laptop or desktop machine CPU will make you rich any time soon. Users can also pay gas fees with Ether to reduce spam and allocate resources.
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Yes mining Ethereum Classic is still profitable - based on the mining hardware hashrate of 40000 MHs electricity costs and pool maintenance fees provided. Ethereum mining requires 4GB GPUs now but starting from 2021 even 4GB would not be enough. In theory A10 can mine the cryptocurrency with the same algorithm that Ethereum has. 06102018 Although Ethereum Classic ETC is considered a relatively easy coin to mine there are a number of things that you need to consider before you start your hashing for some ETC. You can mine any coin that uses the ethash algorithm.
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Ethash as opposed to Bitcoins mining algorithm is ASIC resistant. View our Miners page to discover the most profitable devices for Ethereum Classic mining. 26022020 One can still mine other Ethash coins although none are nearly as profitable as mining Ethereum or Ethereum Classic. 13092020 Aside from verifying that Ethereum has no plans to change the mining algo nearly every other piece of information is incorrect - there are Ethash ASICS they can mine either ETH or ETC ETC is weighing changing their mining hash and hash power driving price is at least a consideration even if dismissed. You can mine any coin that uses the ethash algorithm.
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Ethereum Classic ETC Mining Profitability. While mining Ethereum is still profitable as of right now. Mining profitability can change very quickly. There are three ways you can mine. Its trickier to get going compared to Claymore however.
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Like the cryptonight miners all of them flood the remaining coins still on the same algorithm and it becomes unprofitable for anyone without industrial electricity rates. Based in Slovenia NiceHash is the worlds largest crypto mining marketplace. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy. You work together with other people. As of now older mining rigs will continue to have persistent problems in the coming months.
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Ethereum Classic is in top 10 on CoinMarketCap and also top 10 coi. Yes mining Ethereum is still profitable - based on the mining hardware hashrate of 75000 MHs electricity costs and pool maintenance fees provided. 04012019 NiceHash has become one of the most popular ways to mine Ethereum ETH. The only option for miners is to simply buy a newer model. 14042019 The mining algorithm used by Ethereum Ethash is designed specifically to be ASIC-resistant in that unlike with Bitcoin theres no real advantage in using custom mining devices with specialised chips to mine ETH.
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