What machine is good for digging ether (what mining pool is used for digging ether)
What kind of machine is good for digging ether? What kind of mining machine is needed for digging ether. Mainly divided into the following categories: regular, professional, customized, and suitable for individuals; Special mining equipment: the ore pool (such as video card or hard disk) of mainstream Cryptocurrency mining machines such as Bitcoin and Litecoin belong to this series of products
Generally speaking, miners use ASIC mining machines or professional cloud computing servers specially designed for Ethereum. For these mining pools, there are various solutions, including mining machine hosting service providers, mining field management companies, and so on What other technologies are worth paying attention to besides the above two? Let’s take a look together
What kind of ore pool is used to dig Ethereum
There are three main types of mining in Ethereum, one is Bitcoin. In the Ethereum network, every THash can generate 10 coins (about US $100). The other is that Ethereum has a computing power of 21 million TH/s. If each BTC produces approximately 200 blocks per day (approximately 6 months), it will generate 1GB of ETH
At present, the two popular bitcoin computing power are Ant S9 and Avalon Z19Pro. The total power consumption ratio of these mining machines is as high as 30J/TiB respectively; The hash rate of Ethereum is very low The efficiency difference between these three computing powers lies in the profitability of miners on the Bitcoin network. When the price of Ethereum increases, users earn more profits. Therefore, the advantages of the mining pool are evident. But in fact, it is normal for the price of Ethereum to fluctuate greatly. (Reference: “Mining Pool Calculation Formula”)
The Ethereum Classic Mining Pool under Aker, an Ethereum mining company, has been launched for multiple phases. Its business model is as simple as Bitcoin. It uses specialized machines to run its own ASIC. This machine is equivalent to a laptop and can perform daily operations. The software was developed by Bitmain and has been listed in the United States. According to the company’s official introduction, the newly added mining pool can help investors obtain better products and services by providing “hardware, software, and other resources”. “Cloud MiningPool” refers to the use of electric equipment or bandwidth to realize the operation and maintenance services of nodes on the Ethereum blockchain. This service allows customers to send Cryptocurrency to an address in the network under their control to obtain rewards. This method is also known as an “electric drive”
Of course, it is not the safest way for Ethereum. Because Ethereum itself is not as vulnerable to hacker attacks and 51% attacks as many counterfeit coins, but it does need some powerful mining machines to ensure the safe storage and trading functions of Ethereum. Due to the huge energy consumption of Ethereum network, it is difficult for miners to ensure their own security and stability. In addition, the Ethereum network does not support complex applications such as smart contracts, so the mine is facing greater risks.
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