Search for profitability: Decrying features hash ethereum
As the second largest cryptocurrency on market capitalization, Ethereum (ETH) has become the center for innovative applications and technological progress. One aspects that distinguishes Ethereum apart is its unique set of hash features used in various large cryptomains. In this article, we will dive into how to determine which coin is the most profitable for mining and examining the process of calculating the current problems of Ethereum using various hash functions.
used features hash
Ethereum uses several features of hash from different sources:
- KECCAK-256 : Default Hash function used for Bitcoin (BTC), Ethereum Classic (ETC) and other older cryptocurrencies.
- KECCAK-512 : The newer and safer feature hash introduced in Ethereum 1.0, which now widely receives Ethereum itself.
- Sha-3 : The latest feature of hash from the National Institute project for standards and technology (NIST), also known as KECCAK-256.
Determination of profitability: Difficulties with mining
To determine which coin is the most profitable for mining, you need to calculate its difficulties in mining using these different hash functions. Here is a detailed guide:
- Get the current hash
rate: You can use online tools or application programming interfaces to get the current Hash Ethereum speed) that provide stock exchange such as Binance or Kraken.
- Calculate the number of Hashas per second : To do this, you will need to know the total number of Hashas into a block and divide them at the current Hash speed.
3
Use online calculators or API : You can use websites like ethhhashrate.com, blockchair.com or API such as Cingecko API to calculate the number of hash per second for Ethereum using each hash.
Here are some examples of calculations:
- Use KECCAK-256 (default):
+ Total block size: 1,600,000 bytes = 16,000,000,000 Hashhov
+ Hashs rate: 500 Mh/s (megahases per second)
+ Calculated speed hash: 10.08 Mh/s (hash per second)
- Using Keccak-512:
+ Total block size: 1,600,000 bytes = 16,000,000,000 Hashhov
+ Hashs speed: 2.5 gh/s (gigahases per second) – 100x faster than keccak -256
+ Calculated hash speed: 26.3 MH/s (hash per second)
- Using Sha-3:
+ Total block size: 1,600,000 bytes = 16,000,000,000 Hashhov
+ Hashs speed: 1 GH/S-10x faster than keccak-256 and 1000x faster than keccak-512
+ Calculated hash speed: 163.6 MH/s (hash per second)
Conclusion
Calculating the profitability of Ethereum mining using various hash functions requires some technical knowledge and tools. By understanding these calculations and using them to your own mining settings, you can get a better overview of which coin is the most profitable for minus.
Remember that the current difficulty of each cryptocurrency changes over time due to network overload and other factors. If you are interested in staying in the current state with Ethereum’s difficulties, I recommend using online tools or API from renowned sources such as Coingecko.
Reneeing of liability
: This article does not support any form of illegal or unethical activity, including cryptocurrency mining or speculation. You always follow local laws and regulations relating to digital assets.
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