Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, can obtain $13.74 per day in bitcoin profits. Crypto Miners Continue to Gather Profits, Top Ethereum Mining Rig Can Get an Estimated $51 per Day in Profit The price of bitcoin (BTC) is still down roughly 40% since the crypto asset’s....
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In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have increased. While Ethereum will change the consensus ruleset, a great number of crypto community members are attempting to guess where the hashrate will go after The Merge transition.
The Crypto Community Wants to Know Where Ethereum Miners Will Go After the Merge — There’s a....
Bitcoin mining companies in the west yield strong returns as China’s crypto mining crackdowns continue. Western Miners Rake In Big Profits During China’s Crackdown As per a report from Arcane Research, China’s crackdown on Bitcoin mining has resulted in more gains for Western miners. Despite the drop in the price of BTC, Western mining companies […]
The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets.
Kid Duo Captures $30K a Month Mining Digital Currencies
A 14- and 9-year-old brother and sister pair have made headlines in recent times for explaining how they make over $30,000 a month mining crypto assets. The 9-year-old Aanya Thakur and her brother 14-year-old Ishaan mined three types of digital currencies this summer because they....
Mining profits of the PoW cryptos have gone into the negative following the Ethereum merge as ETH miners flood the hashrates of these other coins. Mining Profits Of Popular Proof-Of-Work Cryptos Like Ethereum Classic Crater After The Merge A couple of days ago, the much awaited ETH merge finally arrived and transitioned the network into […]
Data shows most mining companies have outperformed Bitcoin so far in the year, largely contributed by the rising BTC miner profits. Daily Bitcoin Miner Profits Have Risen To $62 Million This Week As per the latest weekly report from Arcane Research, miners have seen another rise in the daily profits this week. They are now […]