Cryptocurrency Q&A Is mining Ethereum profitable now?

Is mining Ethereum profitable now?

Sofia Sofia Sun Feb 09 2025 | 6 answers 1326
I'm considering mining Ethereum but I'm not sure if it's profitable right now. With the current market conditions and the cost of electricity, hardware, and other resources, is it still worthwhile to mine Ethereum? Is mining Ethereum profitable now?

6 answers

BitcoinBaronGuard BitcoinBaronGuard Tue Feb 11 2025
Ethereum Classic still supports mining activities and offers opportunities for profit.

Was this helpful?

205
87
mia_harrison_painter mia_harrison_painter Tue Feb 11 2025
Ethereum has reached a point where mining is no longer feasible.

Was this helpful?

87
27
KatanaSharpness KatanaSharpness Tue Feb 11 2025
This change has occurred due to the network's transition to a proof-of-stake consensus mechanism.

Was this helpful?

260
67
DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Tue Feb 11 2025
Despite this shift, Ethereum Classic remains a viable option for miners.

Was this helpful?

82
48
Marco Marco Mon Feb 10 2025
Miners can use high-end graphics cards or Ethash ASIC miners to extract Ethereum Classic.

Was this helpful?

326
84
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