Ethereum Classic (ETC) positioning to overtake ETH in mining profitability?

in #ethereum7 years ago

Steemians and Miners, 

I often run the numbers of mining profitability, like most crypto-miners, to stay on top of where my mining hashrate can be utilized most effectively. Recently I have noticed that, despite the correlation in the price graphs, that Ethereum Classic (ETC) has become what I would consider a more viable and attractive option on the dagger-hashimoto block. 

For the below computation, I used the following variables through the profitability calculator on coinwarz.com : 

26.00 MH/s

600 Watt PSU

0.10 $/kWh

This produces an overtaking result for ETC vs ETH shown here :


NOTE:  26 MH/s was input to represent the average GPU productivity. Variances will be seen when using your own hashpower and consumption costs, but the purpose of this is to maintain the widest scope of relatebility. Hashrates  equal to or greater than ≥ 26 will see the same profitability.

 The difference is slight at the single GPU level but increases exponentially as the hashrate variable increases, making ETC more attractive to me if this trend continues. 

I would love to receive some input from fellow Steemians on their experiences with the profitability comparison. Does anyone else have current data with different results? Let me know & keep mining friendo.

@rabbt

Sort:  

Congrats you have been upvoted and resteemed by @Vsteems!!

Thanks mate.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by rabbt from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.