What bitcoin miner should i use
Comparing the Best Bitcoin Miner Hardware
| Bitcoin Mining Hardware | Hashpower | Algorithm/ Crypto to mine |
|---|---|---|
| AvalonMiner A1166 Pro | 81TH/s | SHA-256 |
| WhatsMiner M30S++ | 112TH/s±5% | SHA-256 Bitcoin mining and over 10 other crypto |
| AvalonMiner 1246 | 90Th/s | SHA-256 |
| WhatsMiner M32-62T | 62TH/s +/- 5 | SHA-256 |
What is the safest Bitcoin miner?
Answer: Because of its simplicity, the crypto community finds CGMiner to be the finest Bitcoin mining tool on the market. CGMiner is preferred over the other Bitcoin mining software because of its open-source architecture, ability to run on any device and compatibility with a variety of mining equipment.
Are Bitcoin miners worth it?
As time goes on, mining Bitcoin becomes more difficult, as more miners compete for the next block reward. Today, mining Bitcoin as an individual is rarely profitable unless someone has access to extra low-cost electricity.
How long does it take to mine 1 Bitcoin with 1 miner?
about 10 minutes
The average time for generating one Bitcoin is about 10 minutes, but this applies only to powerful machines. The speed of mining depends on the type of Bitcoin mining hardware you are using.
How do I choose a crypto miner?
- Choose Your Mining Pool Equipment.
- Ensure Transparency.
- Review the Pool Payout Scheme.
- Look for Mining Pool Stability.
- Review the Pool Fees.
- Weigh the Mining Pool Size & Power.
- Choose Your Mining Pool.
- Cryptocurrency Mining Pools FAQs.
How long does it take to mine 1 Ethereum?
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.
What is good Hashrate?
A good hash rate is one that keeps a cryptocurrency network secure. Higher hash rates mean more computing power would be needed to take control of a network. Therefore, a good hash rate is a high hash rate. With SoFi Invest®, investing in crypto is simple, secure, and easy to get started with as little as $10.
What should I be mining?
Answer: Best includes Ethereum, Monaco, Monero, Vertcoin, Grin, Monero, ZCash, Bitcoin Gold, Haven, Ravencoin, Litecoin, and Aeternity. Check comparison mining calculators to confirm because profitability keeps changing.
Is mining Bitcoin illegal?
Bitcoin miners used to be arrested by law enforcement authorities, however in January 2018 Carlos Vargas, the government’s cryptocurrency superintendent said “It is an activity that is now perfectly legal.
How much do Bitcoin miners make?
Miners are rewarded with 6.25 bitcoins. This number will reduce to 3.125 bitcoins after the halving in 2024. The reward (plus transaction fees) are paid to the miner who solved the puzzle first. This process repeats approximately every 10 minutes for every mining machine on the network.
How long does it take to mine 1 Bitcoin?
about 10 minutes
How Long Does It Take to Mine One Bitcoin? In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.
Is Bitcoin mining at home profitable?
Home-Based Crypto Mining Profitability
With a normal PC, this could generate anywhere from less than a penny to around a dollar a day on the high end ($0.0001 – $1 USD). If you’re a gamer with a fast GPU-powered PC, you could generate $1 – $10 a day, or maybe more.
What is the most profitable crypto to mine?
Bitcoin is still the most profitable coin to mine with an ASIC, but not GPU. Bitcoin GPU mining is not profitable currently even with a mining pool. But you can mine with pools that allow you to contribute the hash rate to mine other crypto and get rewarded in Bitcoin.
Is it better to mine Bitcoin or Ethereum?
The answer to the question of which cryptocurrency is better in the choice between Bitcoin vs. Ethereum, it depends entirely on your requirements. While Bitcoin works better as a peer-to-peer transaction system, Ethereum works well when you need to create and build distributed applications and smart contracts.
What is the easiest crypto to mine?
1. Monero (XMR) Monero (XMR) is one of the easiest cryptocurrencies to mine using a home computer. Monero is based on the CryptoNote protocol and utilizes the RandomX hash function to create increasingly complicated mathematical equations.
What is the best miner for Ethereum?
Comparison of the Best Mining Software For Ethereum
| Software | Platform | Our rating |
|---|---|---|
| MinerGate | Windows, Mac OS, Linux, and even Android | 5/5 |
| WinETH | Windows (7, 8.1, 10, all 64-bit only) | 4.8/5 |
| Go Ethereum | Windows, Linux, Android, iOS, etc. | 4.6/5 |
| Cudo Miner | Windows, Linux, cloud. | 4.6/5 |
How many GPU do I need for mining?
GPUs are the most crucial part of the whole mining rig setup as it’s the component that generates the profits. It’s recommended you purchase six GTX 1070 GPUs.
What is the best miner?
Comparing the Best Bitcoin Miner Hardware
| Bitcoin Mining Hardware | Hashpower | Our Rating |
|---|---|---|
| Antminer S19 Pro | 110 Th/s | 4.6/5 |
| AvalonMiner A1166 Pro | 81TH/s | 5/5 |
| WhatsMiner M30S++ | 112TH/s±5% | 4.8/5 |
| AvalonMiner 1246 | 90Th/s | 4.7/5 |
Can I mine Ethereum with AntMiner?
A: The AntMiner S9 can only mine coins based on the SHA256 alagorithm such as bitcoin and bitcoin cash. Ethereum is based on a Keccak algorithm and is therefor unable to be mined with an AntMiner S9.
Can Antminer S9 mine Zcash?
These models are custom built, so you need to purchase a new ASIC model for each new coin you’d like to mine. These machines can run you up to $3,000.00, like the Antminer S9 model.
Can I build an ASIC miner?
ETH proof of work algorithms were designed so that it is almost impossible to build ASIC miner for ETH. There is no ASIC ETH miner.
Is the Antminer E9 out yet?
2022: Bitmain has confirmed the Antminer E9 is being put into production. There are no further details on price or release date.
Bitmain Antminer E9 3GH/s 2556W (ETH/ETC)
| Manufacturer | Bitmain |
|---|---|
| Model | Antminer E9 (3Gh) |
| Release | Coming soon |
| Size | 195 x 290 x 400mm |
| Weight | 14.2KG |
Can I mine eth with ASIC?
First, Ethash, the algorithm used to mine ethereum, is already fairly ASIC-resistant. It is an adaptation of bitcoin’s Proof of Work (PoW) algorithm and uses Decentralized Acyclic Graphs (DAG). … This means that mining coins may become a redundant in the future ethereum network.
Can AntMiner mine other coins?
The AntMiner can only mine coins based on the SHA256 alagorithm such as bitcoin and bitcoin cash. Ethereum is based on a Keccak algorithm and is therefor unable to be mined with an AntMiner.