What do people use for mining (What can be used for mining)?
What do people use for mining? According to a report on Coindesk released on Feb
What do people use for mining? According to a report on Coindesk released on February 8, 2019, the average hashrate of Bitcoin has dropped by around 80% from its peak in 2018. This means that currently, the data volume per THash/s on the Bitcoin network only accounts for a small portion of the total hash value. Meanwhile, the daily transaction count on Ethereum has decreased to less than 1 billion (equivalent to $1 million). Although many people believe that mining is easier to make money than traditional finance, they are not the ones who prefer mining the most because they use centralized systems rather than the cryptocurrency itself to store data and value. Therefore, they are more cautious about mining and choose familiar ways to mine.
What can be used for mining
According to official information, can mining be done during the halving of Bitcoin? Let’s take a look at the cryptocurrency options for mining.
BTC: Ethereum Classic (ETC), Ethereum Classic(EthereumClassic). Ethereum Classic is an upgraded version project launched at Phase 0 of Ethereum 2.0. Currently, Ethereum Classic has launched two testnets, v0.11.0 version and v0.12.3 version. The Ethereum Classic network is a fundamental platform that runs numerous decentralized applications, blockchain protocols, and open-source software.
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