Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm - BitcoinEthereumNews.com
Ethereumएथेरियम खनन अब कई खनिकों के लिए लाभदायक नहीं है क्योंकि ऊर्जा की कीमतें और ईटीएच डिप सही तूफान का कारण बनते हैं06 / 13 / 2022बिटकॉइन एथेरियम समाचार???? हमारे साथ काम करना चाहते हैं? क्रिप्टोस्लेट मुट्ठी भर पदों के लिए भर्ती कर रहा है! For the first time since 2020, Ethereum mining has become unprofitable for many miners conected to a traditional energy grid. The price of Ethereum has dropped below $1,250 while energy prices are skyrocketing. The average cost of electricity in states such as New England, Conecticut, Maine, Massachusetts, New Hampshire, and Rhode Island is over $0.22 per kWh. Using a single Nvidia 3090 overclocked to generate 130mh/s will cost miners around $1.85-$2.13 per day in electricity. The Ethereum reward for the same GPU is just (0.001625 ETH) $ 2.03 at todays price. Therefore any miner paying more than $0.245 for electricity is now paying more for electricity than the value of Ethereum being mined. At this point, it becomes more cost-effective to turn off the mining rig and buy Ethereum spot using the money that would otherwise be used on electricity. The profitability of mining with GPUs has been steadily decreasing over time. Ethereum is still the most profitable cryptocurrency