As Bitcoin Mining Difficulty Hits 5% ATH, Majority Of Miners Shift To Ethereum

The mining difficulty for Bitcoin (BTC) has reached an all-time high, reducing the already diminishing profit margins of miners. Buy Antminer E9 proftability rate below. Ethereum mining rigs for sale with the best GPUs you will find online. Profitability  Period /day /month /year Income $72.82 $2,184.57 $26,214.80 Electricity -$7.36 -$220.84 -$2,650.06 Profit $65.46 $1,963.73 $23,564.74 […]

Crypto Mining and how it Works

(Crypto Mining) The competitive process that verifies and adds new transactions to the blockchain for a cryptocurrency that uses the proof-of-work (PoW) method. The miner that wins the competition is rewarded with some amount of the currency and/or transaction fees. Following are the ways mining is performed. See proof-of-work algorithm. Goldshell KD5 – KD5 Kadena minerInnosilicon […]