Ethereum Cloud Mining Review
In this article, we will review Ethereum cloud mining. The review will include trusted Ethereum cloud mining sites and free Ethereum cloud mining software. We will discuss the ROI, Ethereum mining algorithm and compare ETH to BTC cloud mining: we will cover the following subheadings.
Hashflare does offer Ethereum cloud mining contracts running for one year in March 2019. In the screenshot below you can see that our hashpower (3.6MH/s) does generate $0.05 per day. If you buy 3.6MH/s hashpower today you will have to pay $50 and to break-even you need 1000 days. We think its not worth the investment for the moment (April 2019).
The cryptocurrency established itself in July 2015 by developer Vitalik BUTERIN, who listed the proposed the structure of the platform in 2013. After the ICO, the algorithm That separates ETH from others was born, called Ethash, a proof of work (PoW). It is a modified version of the Dagger-Hashimoto where smart contracts are used to secure transactions. Ethereum developers have been working towards proof-of-Stake (PoS). There is no set date for this update but Proof of Stake is not mineable as Proof of Work. When Ethereum switch to Proof-of-Stake, There Will Be No cloud mining opportunities.
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