Cryptocurrency Q&A Is Ethereum Classic easy to mine?

Is Ethereum Classic easy to mine?

GangnamGlitz GangnamGlitz Tue Dec 31 2024 | 6 answers 1396
I'm wondering if Ethereum Classic is easy to mine. I've heard about cryptocurrency mining and am curious about the difficulty level specifically for Ethereum Classic. Is Ethereum Classic easy to mine?

6 answers

Bianca Bianca Thu Jan 02 2025
This algorithm allows for mining activities to take place.

Was this helpful?

386
29
GinsengBoostPower GinsengBoostPower Thu Jan 02 2025
Ethereum Classic shares a similar consensus mechanism with Ethereum.

Was this helpful?

82
97
BitcoinBaroness BitcoinBaroness Thu Jan 02 2025
Both cryptocurrencies utilize the Proof-of-Work algorithm.

Was this helpful?

356
45
Bianca Bianca Wed Jan 01 2025
In comparison to Ethereum, Ethereum Classic has a notably lower network difficulty.

Was this helpful?

335
30
GeishaMelodious GeishaMelodious Wed Jan 01 2025
This reduced difficulty level makes it a more viable option for miners.

Was this helpful?

140
25
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts