Not only do we sell Ethereum mining equipment, but we’re well-versed in how it works as well. Because of this, our team can talk shop, assess your needs, and guarantee you’re getting the right build for your needs. Shop our selection of Ethereum classic mining hardware below. Yes, mining Ethereum Classic is still profitable – based on the mining hardware hashrate of 2,500.00 MH/s, electricity costs, and pool / maintenance fees provided.

It is also one of those functions that are very hard to apply. An Ethereum mining calculator allows you to determine how much you can profit from a certain Ethereum miner. It takes into account all relevant costs such as hardware, electricity and fees.

Mining Profit Calculator

As long as Ethereum mining exists it means its profitable for someone to do it somewhere around the world. The question you need to ask yourself is “am I that someone? ” and the best way to answer it would be to use the Ethereum mining calculator. In fact, redlang if Ethereum mining would stop being profitable people would just stop mining, which in turn will reduce the mining difficulty and make mining profitable again. This information is taken automatically from the Ethereum network, you do not need to change it.

If you target only one worker, your profit switch page will refresh and load the settings for this worker. If you target multiple workers, the settings will be blank and you will need to fill them. So in case you want to copy settings from one worker to multiple workers, first select one worker to load the settings, then add other multiple workers as the target (leaving that first worker still selected as the target). Data provided by minetheasic.com is based on various major mining pool data, subject to real-time changes, and not guaranteed to be consistent in the future.

How do I Start Mining Ethereum?

ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups. Minerstat® is the top platform for ASIC and GPU crypto mining monitoring and management. If you don’t know the hashrates, you can load them from the benchmark or from our hardware database.

Calculate Ethereum Classic mining profit using one of these Ethereum Classic miners. Select or click a miner to have the inputs preloaded automatically. The profitability table shows the revenue from mining the most profitable coins (Bitcoin Ethereum) on NVIDIA GeForce GTX 970 per month. Low fee Ethereum Classic SOLO mining pool for GPU, ASIC and Nicehash. The minimum mining time defines the minimum amount of time you want to mine the coin to which you switched. The default value is set at 10 minutes, but you can increase it in case you are mining on pools that sanction frequent pools switching.

Coins

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Every 10 minutes we check the coins you included in the profit switch. We calculate the currently estimated reward regarding the currency difficulty, current block reward, current exchange rate of the coin, and the hashing speed you have defined in your profit switch settings. If you have included pool fees, the reward is reduced regarding the percentage you have entered. If you have included electricity costs, they are deducted from the final reward.

Profit switch

Instead of one of those calculators that doesn’t tell you anything, I was looking for one that had a lot of variables, like the braiins calculator for Bitcoin. You can read more about each reward method in this article. Learn everything you need to know about Bitcoin in just 7 days. As you can see there are many things to take into account in order to figure out if Ethereum mining is worth it for you. The more Hash Rate it can produce the higher the chance you’ll find the solution to the requested math problem. You can get the Hash Rate of a specific miner from  its manufacturer.

Minetheasic.com is a professional ASIC miner review service platform. We have collected over 200 categories of data of ASIC miners, to help users to make better purchase decisions. Every aspect of our Ethereum Classic mining calculator has been developed for miners by miners. Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference.

The mining calculator doesn’t include the pool fees so it is only a replica of our profit switch algorithm. We also offer a list of coins for you to browse around and find more details about which miners, which hardware, and which minerstat software can be used for mining a certain coin and how profitable the coin was in the past. Accurate Ethereum Classic mining calculator trusted by millions of crypto miners. Best Ethereum Classic mining profitability calculator with difficulty, hashrate, power consumption (watts), and kWh preloaded for 2023.

Our ETC mining calculator makes it simple and easy to quickly see Ethereum Classic mining profitability based on hashrate, power consumption, and costs. Default inputs are preloaded with the latest Ethereum Classic difficulty target and Ethereum Classic mining hashrate for the best Ethereum Classic miner. If you are wondering if it is worth mining Ethereum you can get an idea on how much Ether (ETH) should be mined with a specific hashrate depending on what hardware you have available with a simple mining profitability calculator. The calculator uses up to date data from etherchain’s API to get fresh information about the Network Hashrate, average Blocktime and 1 ETH price, so it should be pretty accurate with the results at the moment of time you use it. The estimated coins to be mined and their USD value are shown for a period of 1 Minute, 1 Hour, 1 Day, 1 Week and 1 Month, though the longer the period is the less accurate the estimation could be. If you are wondering what are the exact numbers behind the profit switch, you can check our mining calculator.

2CryptoCalc mining calculation takes into account Uncle-blocks and transaction fees which are included into blocks. After deducting mining power costs and mining fees, the final daily Ethereum Classic mining profit is $3.31 Ethereum Classic to USD. The blockchain is constantly growing and the Ethereum Classic difficulty increases and decreases over time based on the total computing power currently mining blocks and generating hashes.

• Because of this, our team can talk shop, assess your needs, and guarantee you’re getting the right build for your needs.
• CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News.
• If you target multiple workers, the settings will be blank and you will need to fill them.
• In order to mine profitably its best to mine in naturally cool areas (e.g. Iceland) where electricity is cheap and cooling is less required.
• If there’s any cryptocurrency rivaling the popularity of the traditional Bitcoin, it’s Ethereum.

After that, the address editor is ready and you can navigate to profit switch. Both GPU and ASIC device mining is available and effective. NVIDIA and AMD graphics cards could be used to mine Ethereum Classic At least 4 GB of GPU memory is required.

It is important to be careful when filling in the parameters, as it affects the final result. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology. While, mining Ethereum Classic is still profitable as of right now…