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how to start mining ethereum classic

How long does it take to mine 1 Ethereum Classic?

If you created a mining rig with a 100MH/s hash rate, for example, it would take an estimated 403 days to mine 1 ETH – or its equivalent – according to CoinWarz. Even a whopping 2000MH/s, or 2 GH/s, farm would take around 20 days to mine 1 ETH.

Is Ethereum Classic easy to mine?

Hashrate needed to mine Ethereum Classic profitably It is estimated that mining 1 ETC takes about 440 MH/s of processing power from a GPU mining rig. Currently, Ethereum Classic's network hashrate is 8.18 TH/s, which is quite low compared to where it was in January 2020.

Is it profitable to mine Ethereum Classic?

Is Ethereum Classic mining still profitable? Yes, mining Ethereum Classic is still profitable – based on the mining hardware hashrate of 400.00 MH/s, electricity costs, and pool / maintenance fees provided.

What is the best miner for Ethereum Classic?

Here is the list of the best mining software for Ethereum:

  • Go Ethereum.
  • Cudo Miner.
  • Ethermine.
  • EasyMiner.
  • Kryptex.
  • Phoenix Miner.
  • NBMiner.
  • GMiner.

Should I solo mine Ethereum Classic?

We could recommend Ethereum Classic SOLO mining only of experienced users and only if you could find at least 2-3 blocks in 24 hours. If in doubt always mine in the POOL.

What is the most profitable crypto to mine?

10 BEST Cryptocurrency to Mine with GPU [Most Profitable]

  • Comparison of the Most Profitable Coins to Mine.
  • #1) Vertcoin.
  • #2) Bitcoin.
  • #3) Monero.
  • #4) Ravencoin.
  • #5) Haven Protocol (XHV)
  • #6) Ethereum Classic (ETC)
  • #7) Bitcoin Gold.

How do you mine Ethereum Classic for free?

To receive your free Ethereum Classic (ETC), all you have to do is sign up for an account on Idle-Empire, answer a few paid surveys, watch videos, or complete offers and quickly redeem your points for ETC. We'll send ETC to your Coinbase account, instantly and with zero fees.

How much RAM do you need to mine ETC?

What are the hardware requirements for ETC mining? 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.

What is best coin to mine?

List of the Best Cryptocurrencies to Mine

  • ECOS.
  • Vertcoin.
  • Grin.
  • Monero.
  • ZCash.
  • Ravencoin.
  • Haven Protocol.
  • Ethereum Classic.

What is the easiest crypto to mine?

Monero
Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.

Is Ethereum mining going away?

“The Merge,” a long-anticipated update to the Ethereum network, will end the practice of Ethereum mining. After numerous delays, the Merge, previously referred to as “Ethereum 2.0,” appears likely to take place by the end of the year.

How long can you mine ETC?

How long does it take to mine 1 ETC? At the time of writing, it would take three days to mine 1 ETC at the current Ethereum Classic difficulty level along with the mining hash rate and block reward. ETC's hash rate is 400.00 MH/s consuming 750.00 watts of power at $0.10 per kWh, and a block reward of 3.2 ETC.

Which laptop is best for crypto mining?

Crypto mining requires a laptop with a better video card, excellent configuration, and low heating issues. Laptops should have better heat dissipation….Check it out now.

  • G15 Gaming Laptop. …
  • Inspiron 16 Plus Laptop. …
  • ALIENWARE M15 R6 Gaming Laptop. …
  • XPS 15 Laptop. …
  • Inspiron 15 Plus Laptop.

Jun 15, 2022

What is the easiest coin to mine?

Bytecoin. Anonymous cryptocurrency Bytecoin (BCN) is another altcoin that is easy to mine on your home computer. Solo mining has been designed to be an easy process for Bytecoin users. All you need to do is download the Bytecoin wallet and run the program on your computer.

How many ETH can I mine per day?

How many Ethereum can you mine a day? Based the mining hardware inputs provided, 0.09137066 Ethereum can be mined per day with a Ethereum mining hashrate of 6,000.00 MH/s, a block reward of 2 ETH, and a Ethereum difficulty of 11,347,187,036,344,786.00.

Is crypto mining still worth it in 2022?

The price of Bitcoin mining equipment is a major factor in profitability. The prices of top and mid-tier application-specific integrated circuit (ASIC) miners, the specialized chips made for Bitcoin mining, are reportedly down roughly 70% from their all-time highs in 2022 when units sold for around $10,000 to $18,000.

What is the most profitable crypto miner?

Ethereum (ETH-USD), Verge (XVG-USD) and dogecoin (DOGE-USD) are the top three most profitable cryptocurrencies to mine, according to a recent report by Traders of Crypto. Note the barriers to entry in crypto mining are low so long as the right equipment is being used to set up a mining machine.

Is mining still profitable 2022?

Bitcoin Mining Companies As the profitability of Bitcoin mining dropped in 2022, top crypto miners' share prices have also fallen. Fortunately, Canaccord Genuity analyst Joseph Vafi says the most efficient Bitcoin miners are still turning a significant profit on their rigs.

Will mining damage my laptop?

Laptops Are Bad at Mining, Anyway Your laptop will start throttling performance at the point where the cooling system can't keep temperatures in check anymore. Also, laptops aren't energy efficient at mining.

Can I mine crypto on my phone?

If you have access to a mining rig, you can mine bitcoin on your Android device. 4. Use a cloud-based bitcoin miner. There are several cloud-based bitcoin miners available for Android devices.