![]() Network Difficulty and Hashrate Explained. 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. A RVN mining difficulty of 35,731.89, a RVN mining hashrate of 350.00 MH/s consuming 2,900 watts of power at 0.10 per kWh, and a block reward of 2,500.00 RVN at 0.0297 (RVN to USD). The value of Ether at the time the miner was rewarded was cumulatively worth around $540,000 (roughly Rs. Currently, Ethereum Classic network hashrate is 37.78 TH/s 37 782 825 106 544 h/s. The Ravencoin mining profitability results and mining rewards were calculated using the best RVN mining calculator with the following inputs. ![]() However, very rarely does one hear about a miner mining a single block that delivers a reward with Ether worth a fortune.Īs per a report by BeInCrypto, this solo Ethereum miner had found a block and then proceeded to mine it independently got a total of ETH 170.65 in rewards for this. Even so, a lot of solo miners continue to thrive in the Ethereum ecosystem and continue to draw profits from their mining activities. The mining difficulty of Ethereum is not as high compared to Bitcoin, but it is still a difficult, energy-consuming, and computationally intensive process that may discourage an average person. However, an Ethereum miner appears to have hit a rare jackpot after mining a single Ethereum block that earned him a reward of ETH 170 which is valued at around $540,000 (roughly Rs. With congestion on the Ethereum network driving up gas fees, mining profitability has been fairly decent for solo miners although the average profitability has seen a dip. Ethereum mining has emerged as a great way for individuals with powerful graphics cards (GPUs) to make some money while they aren't using their PC.
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