Ethereum Classic Mining Calculator - ETC Mining Calculator (2024)

FAQs

How much hashrate to mine 1 Ethereum Classic? ›

Currently, Ethereum Classic network hashrate is 133.07 TH/s = 133 065 599 211 259 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 time of the latest blocks. Network Difficulty and Hashrate Explained.

You can mine Ethereum Classic using either a GPU or ASIC miner. GPU mining rigs can also be used.

Basically, in 2020, Ethereum's DAG exceeded 4 GB, meaning that many GPUs with 4 GB of memory would be unable to continue mining ETH. In response, Ethereum Classic tweaked it's algorithm to ensure that cards with 4 GB would be able to continue mining ETC until approximately mid-2025 .

While, mining Ethereum Classic is not profitable using the Ethereum Classic mining hardware hashrate and other information as of right now, however the blockchain is constantly growing and the Ethereum Classic difficulty increase and decreases over time based on the network hashrate, so we recommend checking your ...

The Antminer S19 Pro is the most profitable ASIC miner for Bitcoin and the SHA-256 algorithm for now.

The price prediction above certainly shows solid growth potential for Ethereum Classic. If it holds true, the value of ETC could grow by about 512% between the end of this year and the end of 2025. Then, it could increase again by about another 529% between 2025 and 2030.

Ethereum Classic DAG File Size

DAG is constantly increasing in size. As of now, DAG size in Ethereum Classic is 3.140 GB, so only GPUs with over 4 GB of RAM can mine ETC. GPUs that have less than 4 GB of RAM can't mine ETC. GPUs with 4 GB of RAM will stop mining ETC on September 01, 2025.

Is It Worth Investing In Ethereum Classic In 2022? Ethereum Classic is definitely worth considering in 2022. Note that Ethereum Classic is currently ranked 20th, as per Coin Market Cap. For those who believe in the Code is Law principle, Ethereum Classic is a great investment.

You'll need 32 ETH to activate your own validator, but it is possible to stake less. Check out the options below and go for the one that is best for you, and for the network.

THE BITMAIN ANTMINER E9

With a power consumption of 1920W and an efficiency of 0.8 J/M, the Antminer E9 is the most powerful Ethereum and Ethereum Classic miner available.

How much RAM do I need for ETH mining? ›

For mining ethereum, we recommend using an Intel Celeron or Intel i3 processor. RAM — Higher RAM does not mean that you get a better mining performance, so we recommend using anywhere between 4GB and 16GB of RAM.

If you have an NVIDIA graphics card of the 1080 series or higher, with a minimum 4GB dedicated video RAM or systems RAM, then you should be able to set up a mining rig pretty easily.

The number of Ethereum Classic is technically unlimited, as no maximum supply limit has been hard coded into the system. However, inflation of new Ethereum Classic coins is limited to 2 generated per new block.

As a long-term investment, it projects that Ethereum Classic could perform very well. According to its predictions, the value of the ETC token could rise to $63 by the very end of 2022, rising to $90 in 2023, and achieving a mean price of $250 by 2025.

Bitcoin is still considered one of the most profitable coins to mine with an ASIC. Moreover, today, platforms such as ECOS support cloud mining for Bitcoin without having to buy or own expensive hardware.

Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32.

Ethereum Classic price prediction 2027: Ethereum Classic's price for 2027 according to our analysis should range between $127.72 to $191.58 and the average price of ETC should be around $159.65.

Ethereum and Ethereum Classic both originated from the same blockchain, but Ethereum remains the more popular of the two by a large margin.

In most cases, the best options are ethminer and bminer. The leader is finminer – it can mine Ethereum on GTX 1060 3GB to the last VRAM byte.

1. Obtain suitable hardware. ✅ Ethereum Classic can be efficiently mined with GPU and ASIC mining machines. ❌ Ethereum Classic cannot be efficiently mined with CPU cards.

How much Ethereum can a 3060 mine? ›

Nvidia RTX 3060 Profitability

You can expect to get $4.79 from mining Ethereum with one. Once you adjust the profit for electricity costs that differ from miner to miner, the result will be slightly lower.

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.

NO. The DAG for the current epocs being mined is larger than 2gb.. and as such, you need a minimum of a 3gb card to mine ethereum.

Conclusion. My price prediction for Ethereum Classic is $1,000 by the end of June of 2022. This is due to that the second leg of the current crypto bull market cycle likely shifted to 2022 and that other very important events for ETC will happen in the first half of 2022.

Ethereum Classic achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap.

Ethereum Classic/ETC Price and Tokenomics

ETC recorded an ATH (all-time high) of $167.09 on May 6, 2021, and an ATL (all-time low) of approximately $0.62 on July 25, 2016. Ethereum Classic has a fixed maximum supply of about 211 million ETC.

As of Tuesday, December 27, 2022, it would take 0.000 days to mine 1 Ethereum at the current Ethereum difficulty level along with the mining hashrate and block reward; a Ethereum mining hashrate of 6,000.00 MH/s consuming 4,500.00 watts of power at $0.10 per kWh, and a block reward of 2 ETH.

There is a wide range of currencies that have a finite supply. Ethereum, however, has an infinite supply. In January 2021, there were 113.5 million tokens in circulation. As of April 2022, there are roughly 120 million.

The crypto community is celebrating the coming of Ethereum 2.0, but there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary.

ECOS – Overall Best Ethereum Mining Platform in 2022. ECOS combines the benefits of cryptocurrency cloud mining with its trading platform, which supports 200 digital assets.

Is Ethereum mining still profitable 2022? ›

Daily Ethereum (ETH) mining profitability up until May 1, 2022. Mining Ethereum made increasingly more money over the course of 2020 and early 2021, with profits effectively doubling within a single month.

To become a validator on Ethereum, users must invest 32 ETH. Validators are assigned to produce blocks at random and are accountable for double-checking and confirming any blocks they do not make. The stake of the user is also used to incentivize positive validator activity.

Anecdotally 8GB of memory should be enough and recommended, but please check the details of your mining setup to make sure you have enough memory for Ethereum Mining. Newer models with high memory speed could be one of the most important tech specs to consider when making a decision.

What Is Considered a Good Hash Rate? A high hash rate is generally considered favorable as it shows a large number of miners are verifying transactions. As of March 2022, the world hash rate is 209.7 million terahashes per second. (A terahash equals one trillion hashes).

If you are using our mining OS you might still be able to mine ETH even with your 4GB cards. Select the latest TeamRedMiner for AMD, Phoenix miner for Nvidia, or lolMiner for Nvidia or AMD, and you will be fine for at least some short period.

Zilliqa (ZIL) ZIL uses the Ethash hash algorithm. Currently, its DAG size is 1.24GB, making it ideal to be mined using 4GB mining rigs.

The VRAM temperature is the temperature of your graphics card VRAM. Optimal VRAM temperature is between 80°C and 95°C. When mining memory intensive algorithms, you can expect higher temperatures on the VRAM. Some of the RTX 3000 series models (RTX 3070 Ti, 3080, and 3090) experience issues with VRAM overheating.

Why is Ethereum Classic so cheap? Ethereum Classic is so cheap because it's not in as great demand as Ethereum. Ethereum is a more popular cryptocurrency, so more people want to invest in it. Additionally, the Ethereum blockchain has a larger ecosystem of dapps and is widely used for decentralized finance.

Ethereum Classic is an open-source, blockchain-based, decentralized computing platform and distributed cryptocurrency that supports smart contract functionality. Due to their shared origin, Ethereum Classic and Ethereum have many similarities. The cryptocurrency world is ever-evolving.

Q #2) How long does it take to mine 1 Ethereum? Answer: It takes around 7.5 days to mine Ethereum as of September 13, 2021, at the hash rate or hashing power of 500 mh/s with an NVIDIA GTX 3090 that hashes at around 500MH/s. With a GPU that hashes at around 28.2 MH/S, it should take much longer.

How much Hashrate do you need to solo mine Ethereum? ›

To mine 1 Ethereum, you require a rig with a hash rate of 15,500 megahash a second or mh/s. This is the speed of your mining rig. To build a mining rig with such a high hash rate, you require more than 50 GPUs, which would cost you more than $100,000.

In SOLO mode you are alone. If you find 0 blocks your reward is 0. 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 Considered a Good Hash Rate? A high hash rate is generally considered favorable as it shows a large number of miners are verifying transactions. As of March 2022, the world hash rate is 209.7 million terahashes per second. (A terahash equals one trillion hashes).

0.63 USD / Day

*Please note that values are only estimates based on past performance - real values can be lower or higher. Exchange rate of 1 BTC = 16743.66 USD was used.

How much would it cost to mine 1 Ethereum? To mine 1 Ethereum, you require a rig with a hash rate of 15,500 megahash a second or mh/s. This is the speed of your mining rig. To build a mining rig with such a high hash rate, you require more than 50 GPUs, which would cost you more than US$ 100,000.

In fact, for the discovery of every block, a solo miner receives around 6.25 Bitcoin and transaction tax. With solo mining, the chances of getting a higher long-term yield are more. Especially when we compare it to pool mining.

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.

You can get a contract to mine Ethereum Classic for a year, 5 years, or even 10 years if you wish.

NVIDIA GeForce RTX 3090

The RTX 3090 is the most powerful GPU from NVIDIA's RTX 30 series to date. It has everything you need to create one powerful mining rig. I'm talking a hashrate of 121MH/s, 24GB of GDDR6X VRAM, and more than 10,000 CUDA cores for gaming.

#1) Antminer S19 Pro

This is given the highest hash rate, efficiency, and power consumption. At the power efficiency of 29.7 J/TH, this crypto mining hardware generates a profit of $12 daily with an electricity cost of $0.1/kilowatt.