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| 0.00150000 btc | Once everything is in place, you can finally launch your miner. The payout schemes meanwhile are designed to discourage pool hopping i. Overclocking settings can adjust based on your cost of power. That's great for power consumption, but it remains to be seen whether Ethereum will continue to be popular once mining stops, and there will still be plenty of other alternative coins that still use proof of work. There's a static block reward of 2 ETH right now, plus transaction fees that currently average around 2 ETH, plus some 'uncle' rewards that are relatively small by comparison. Since that time, we've seen record prices for Bitcoin and Ethereum come and go, multiple times. NiceHash has several options, ranging in degree of complexity. |
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| Smart crypto mining | Can't we just port Bitcoin's P2Pool solution to Ethereum? While it's technically possible to have your coins transferred to somewhere like Coinbase, it's generally best not to have mining pool payouts go directly to a trading platform. Congestion and extremely high fees are currently causing issues on the bitcoin blockchain. The difficulty of mining has steadily increased, and potential profits have trended downward over time. So instead of borrowing a supercomputer, malware writers hijack the processor in your mobile phone and computers and use them to mine crypto. At the same time, putting all the money straight into buying cryptocurrencies would have gotten similar results with a lot less hassle. |
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