I'm trying to decide whether it's more profitable to mine
Ethereum or Bitcoin. I want to understand which cryptocurrency offers a better return on investment based on mining difficulty, coin value, and other relevant factors.
8 answers
alexander_clark_designer
Fri Dec 13 2024
This model relies on mining to validate transactions and secure the network.
DaeguDivaDanceQueen
Fri Dec 13 2024
Cryptocurrencies initially adopted the Proof-of-Work consensus model.
GliderPulse
Thu Dec 12 2024
In this new model, mining is no longer required to validate transactions.
Maria
Thu Dec 12 2024
Bitcoin, being one of the earliest cryptocurrencies, utilizes this mining process.
Ilaria
Thu Dec 12 2024
As a result,
Ethereum mining has been discontinued.