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Current bitcoin blocktime
the how many other people are mining in the network. These indexes together provide easy to understand insight into the day's cryptoasset price movements: Bletchly 10, the Bletchley 10 is composed of 10 of the largest cryptoassets, weighted by marketcap. For ehtereum the best computing power is delivered by graphic cards with powerfull GPUs. To pick a right hardware you can check: motherboards, graphic cards, power supplies. Ethereum mining hardware As already mentioned the ethereum mining is done using graphic cards. The operation for looking for the solution is called mining and all the miners are competing for it, each of them having a chance equal to the processing power he has. It's your part of the pie. Those computers are called mining rigs and in gereral they have around 6 gpus powered by 1-2 power supply units.
Is Ethereum mining profitable? Findind a solution is practically running brute force algorithm. NVidia GTX 1060 can also be used but only the 6GB version. The time to find a solution is hard to tell. In order to do that from time to time a variable called difficulty is adjusted based on previous performance. The blockchain can work if most the nodes in the network are acting fair keeping track and validating all the changes/transactions in the netowork. But remember this is an average. When a miner finds the solution it gets a reward and it can close the current block. The response is not so simple and clear because not all the parameters can be anticipated. In order to make sure no group of nodes controls more than 50 of the netowork, the solution is to make it so expensive to control 50 the network that no organisation is able to. Right the best cards to mine herrmann ag bitcoins ethereum with are AMD Radeon RX 570 and 580 and NVidia GTX 1070. You are connected if you see the icon in the lower right corner of your wallet.
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