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Can you mine eth classic

Written by Bruce Sep 29, 2021 · 8 min read
Can you mine eth classic

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Mining profitability can change very quickly. Ethereum Classic is in top 10 on CoinMarketCap and also top 10 coi. As of now older mining rigs will continue to have persistent problems in the coming months. Both versions use complex calculations to solve math problems. Ethereum Classic lets the cheaper and older GPU versions to mine.

Can You Mine Eth Classic. 04102020 HiveOS Hiveon pool All Ethereum Classic miners must update their mining software to an etchash compatibilie version before November 28th. You can mine any coin that is based on ETHash including for example ETH Classic. 13052018 Now you can use 3GB AMD and Nvidia graphics cards to mine Ethereum Classic. You work together with other people.


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These are the options that all miners must be using before block 11700000 expected November 29th. Changing the algorithm is part of the ETC security plan presented in August 2020. Both versions use complex calculations to solve math problems. To understand why GPU mining of ETC is best lets explain Ethereum Classics upgrade that changed its mining algorithm. 23072021 Ethereum Classic relies on a proof of work algorithm to create new coins and Ether is created as a reward for miners. For the miner this means that a computer with a GPU graphics processor will work almost as well as the special ASIC hardware.

13092020 Aside from verifying that Ethereum has no plans to change the mining algo nearly every other piece of information is incorrect - there are Ethash ASICS they can mine either ETH or ETC ETC is weighing changing their mining hash and hash power driving price is at least a consideration even if dismissed.

Ethereum mining in a pool is the easiest and fastest way to get started. 23072021 Ethereum Classic relies on a proof of work algorithm to create new coins and Ether is created as a reward for miners. 06102018 Although Ethereum Classic ETC is considered a relatively easy coin to mine there are a number of things that you need to consider before you start your hashing for some ETC. Like the cryptonight miners all of them flood the remaining coins still on the same algorithm and it becomes unprofitable for anyone without industrial electricity rates. Mining profitability can change very quickly. To understand why GPU mining of ETC is best lets explain Ethereum Classics upgrade that changed its mining algorithm.


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Pool mining Recommended Mining alone Not recommended Using Cloud mining services Not Recommended Pool Mining. 14042019 The mining algorithm used by Ethereum Ethash is designed specifically to be ASIC-resistant in that unlike with Bitcoin theres no real advantage in using custom mining devices with specialised chips to mine ETH. You can mine any coin that uses the ethash algorithm. 26022020 One can still mine other Ethash coins although none are nearly as profitable as mining Ethereum or Ethereum Classic. ETC coins are capped at 210 million which gives a level of scarcity to Ethereum Classic.

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You can mine any coin that uses the ethash algorithm. Pool mining Recommended Mining alone Not recommended Using Cloud mining services Not Recommended Pool Mining. Ethereum Classic can be efficiently mined with GPU mining machines. Here is what Innosilicon says. Mining profitability can change very quickly.

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Like the cryptonight miners all of them flood the remaining coins still on the same algorithm and it becomes unprofitable for anyone without industrial electricity rates. While mining Ethereum is still profitable as of right now. 13052018 Now you can use 3GB AMD and Nvidia graphics cards to mine Ethereum Classic. 01112020 Innosilicon A10 wont be able to mine Ethereum Classic if the algorithm changes. These are the options that all miners must be using before block 11700000 expected November 29th.

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Changing the algorithm is part of the ETC security plan presented in August 2020. Both versions use complex calculations to solve math problems. Yes mining Ethereum Classic is still profitable - based on the mining hardware hashrate of 40000 MHs electricity costs and pool maintenance fees provided. These include factors such as the type of hardware you buy to the mining software you install and the configuration of said software. Pool mining Recommended Mining alone Not recommended Using Cloud mining services Not Recommended Pool Mining.

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And dont forget to check our Mining Hardware Tools page to download the necessary software for setting up your device. Ethash as opposed to Bitcoins mining algorithm is ASIC resistant. Yes mining Ethereum Classic is still profitable - based on the mining hardware hashrate of 40000 MHs electricity costs and pool maintenance fees provided. Like the cryptonight miners all of them flood the remaining coins still on the same algorithm and it becomes unprofitable for anyone without industrial electricity rates. 13052018 Now you can use 3GB AMD and Nvidia graphics cards to mine Ethereum Classic.

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ETC coins are capped at 210 million which gives a level of scarcity to Ethereum Classic. Based in Slovenia NiceHash is the worlds largest crypto mining marketplace. 13092020 Aside from verifying that Ethereum has no plans to change the mining algo nearly every other piece of information is incorrect - there are Ethash ASICS they can mine either ETH or ETC ETC is weighing changing their mining hash and hash power driving price is at least a consideration even if dismissed. Ethereum Classic can be efficiently mined with GPU mining machines. If the algorithm changes the mining device wont be able to mine.

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Whether youre new to mining or an experienced miner looking to use NiceHash here are a few things you should know about using this cloud mining software. Yes mining Ethereum Classic is still profitable - based on the mining hardware hashrate of 40000 MHs electricity costs and pool maintenance fees provided. You can mine any coin that is based on ETHash including for example ETH Classic. Its trickier to get going compared to Claymore however. Based in Slovenia NiceHash is the worlds largest crypto mining marketplace.

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Ethereum Classic is in top 10 on CoinMarketCap and also top 10 coi. 13052018 Now you can use 3GB AMD and Nvidia graphics cards to mine Ethereum Classic. Today we will be going over how to mine Ethereum Classic. Changing the algorithm is part of the ETC security plan presented in August 2020. 13092020 Aside from verifying that Ethereum has no plans to change the mining algo nearly every other piece of information is incorrect - there are Ethash ASICS they can mine either ETH or ETC ETC is weighing changing their mining hash and hash power driving price is at least a consideration even if dismissed.

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Yes mining Ethereum Classic is still profitable - based on the mining hardware hashrate of 40000 MHs electricity costs and pool maintenance fees provided. Bitmain released the Antminer S17 last year for example. Pool mining Recommended Mining alone Not recommended Using Cloud mining services Not Recommended Pool Mining. Right now the most popular hardware for mining Ethereum Classic is the GPU. Ethereum Classic ETC Mining Profitability.

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Both versions use complex calculations to solve math problems. There are three ways you can mine. This said its unlikely that the average laptop or desktop machine CPU will make you rich any time soon. Right now the most popular hardware for mining Ethereum Classic is the GPU. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy.

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These are the options that all miners must be using before block 11700000 expected November 29th. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy. Yes mining Ethereum is still profitable - based on the mining hardware hashrate of 75000 MHs electricity costs and pool maintenance fees provided. 01112020 Innosilicon A10 wont be able to mine Ethereum Classic if the algorithm changes. 27072016 ETC how to mine ethereum classic with ethOS—–Follow me.

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