Mining Ethereum at home

Over the past month, Bitcoin has risen in price by 35%, while the price of Ethereum has increased by 88% over the same period. With the growth of cryptocurrency, the income of miners also increases.

Despite the release of the London update, which completely changed the mechanism for calculating commissions for transactions, the income of Ethereum miners has not decreased, says Ivan Sharov, CEO of the online store for mining equipment and computer components He explained that the income of miners has not changed due to the growth in the value of the altcoin.

According to the expert, at the moment the best solution for creating a mining farm at home is to buy six CMP 30HX video cards designed exclusively for mining. In addition to video cards, you will need:

Motherboard AsRock H110Pro BTC+;
Two Corsair 850W power supplies;
Processor Intel Celeron G3930;
8 GB of RAM;
Cooler for cooling the processor;
Hull and risers.
It is necessary to spend about 345,000 rubles on the purchase of this equipment, says Sharov. According to him, such a farm is capable of generating a daily income of 1.1 thousand rubles. The cost of creating a farm will pay off in 10 months and 2 weeks.

Mining profitability is constantly changing depending on the hashrate, network complexity and other factors.

In the long term, after the transition of Ethereum to the Proof-of-Stake (PoS) algorithm, you can switch to mining Ravencoin (RVN), Conflux (CFX) and Ergo (ERG), which have been showing good growth lately, Sharov noted.

I believe that everyone should try to mine cryptocurrency and useful information about best mining gpu 2022  will help you stop being afraid and take the first step as quickly as possible

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