Is it still profitable to mine ethereum coins?

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Maeve Leuschke asked a question: Is it still profitable to mine ethereum coins?
Asked By: Maeve Leuschke
Date created: Thu, Jun 3, 2021 11:42 AM
Date updated: Fri, Oct 7, 2022 6:35 PM

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Top best answers to the question «Is it still profitable to mine ethereum coins»

  • In accordance with Ethereum Classic monetary policy, the ETC network reduces the block reward every 5,000,000 blocks. The latest reduction took place in March 2020 and the block reward was cut from 4 ETH to 3.2 ETH. Nevertheless, ETC mining is still profitable.

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