I'm considering mining Ethereum, but I'm not sure if it's profitable. I want to know if mining
Ethereum would yield more profits compared to other options, given the current market conditions and the associated costs.
7 answers
SamsungShine
Sat Dec 28 2024
It transitioned from the Proof-of-Work model to the Proof-of-Stake model.
Carolina
Sat Dec 28 2024
As a result,
Ethereum mining has been discontinued.
SakuraBlooming
Sat Dec 28 2024
Cryptocurrencies initially adopted the Proof-of-Work consensus model.
Daniele
Sat Dec 28 2024
In contrast, Bitcoin continues to use the Proof-of-Work model.
GyeongjuGrace
Sat Dec 28 2024
This model relies on mining to validate transactions and secure the network.