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. 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.
On October 6, the hash rate of the Ethereum network reached an all-time high of more than 250 terahashes per second, which is 80% higher than the levels in January. Glassnode noted that this was facilitated by a surge in hype around DeFi projects, which caused an increase in gas prices. Last time such a high hash rate was in the summer of 2018, then ETH was also trading slightly above the $400 mark. In addition, mining ethereum is now three times more profitable than bitcoin. According to the F2Pool mining pool, owners of Antminer S19 Pro devices can earn $4.33 per day, while ETH miners using NVIDIA GTX Titan V cards can expect to earn $15.56.
The Decentralised Finance narrative appears to have buttressed Ethereum network activity as miners pile in to push the network's hashrate to all time highs above 260 TH/s! (x-post from /r/Cryptocurrency)
Hashrate (Hash per second, h/s) is an SI-derived unit representing the number of double SHA-256 computations performed in one second in the bitcoin network for cryptocurrency mining. Hashrate is also called as hashing power. It is usually symbolized as h/s (with an appropriate SI prefix). Ethereum’s developers originally intended for ETH to be mined on computer CPUs but miners later discovered that GPUs gave them more hashing power. So, in the most simplest of terms: a GPU is a standard PC component that has been used for the alternative purpsoes of Ethereum mining. Ethereum Classic network hashrate reflects the overall performance of all miners in the etc network. Currently, Ethereum Classic network hashrate is 3.33 TH/s = 3 327 846 592 032 h/s. Network hashrate is calculated using the current network difficulty, the average block find time set by the cryptocurrency network and/or the effective block find ... It’s possible you could mine Ethereum, Monero, Zcash, Grin and many other coins with the same GPU. Top GPUs. Model / memory Coin Algorithm Hash rate Monthly revenue; AMD Radeon VII / 16 GB: Ethereum: Ethash: 84.6 Mh/s: $65.65: AMD Radeon RX 5700 XT / 8 GB: Ethereum Classic: Ethash: 70.7 Mh/s: $63.17: AMD Radeon VII / Ethereum Classic: The Ethereum Network Hash Rate Chart shows the historical measure of the processing power of the Ethereum network. Highest Avg Hash Rate of 295,911.9974 GH/s was recorded on Thursday, August 9, 2018. Lowest Avg Hash Rate of 11.5297 GH/s was recorded on Thursday, July 30, 2015.
Mining ETHEREUM On GTX 660TI SUPERCLOCKED!!! - YouTube
AMD Radeon RX 5600 XT ETH Ethereum Mining Hashrate With Overclock The speed of the video was increased 3 times :) Mining ETHEREUM on EVGA GEFORCE GTX 660TI SUPERCLOCKED!!! Surprising Hash rate !!! AMD Radeon RX 590 Mining ETH Ethereum Hashrate & Overclocking With Claymore Yeah... it's an old GPU, but we thought our collection should be expanding so her... Get a RX 5500 XT For Mining? https://geni.us/07HYwkN Or a RX 5700 XT (or non xt) For Mining? https://geni.us/zpA0Jk When Will The 5600 XT Be In Stock? https:... Parts Used In This Video: The GPUs: https://geni.us/a1ij2Vx Corsair 450w ATX PSU: https://geni.us/TodEZD The Best Mining Motherboard: https://geni.us/tAHmm I...