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Posts published in “Mining”

Is Ethereum Mining Profitable?

As the price of Ether (ETH) hovers around $900 (After touching a whopping $1400 just last month), you may be wondering if it’s worthwhile to begin Ethereum mining. Like Bitcoin, Ethereum is a proof-of-work (for now) coin that uses miners to confirm network transactions. Before we begin, let us remind you that Ethereum will eventually move to a Proof-of-stake framework and mining will go obsolete. But, there is still time for that, and we…