ETH mining progress

in LeoFinance9 days ago

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ETH mining profit update

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A quick recap on my small mining rig, which is currently mining ETH with the current upcoming bull run and the switch for Proof of Stake for ETH, I think it's very wise to stack up on some of it.

The current Cashout amount is .05 ETH and at my current mining hash power,image.png I need about 2 days to hit my min cash out. I am at the moment just mining with two RX 2700 XT which both do an average of 50 Mh/s This being Stock.

With 4 more cards, I can be hitting a bit over 300 Mh/s, again though with the increase of ETH being imminent

Current MH/s

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Proof of Stake

Proof of stake (PoS) is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake).

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This is me staking as much as I can of ETH before it skyrockets. 🚀🚀 of course, all these are estimates and it can also take longer if more Hashing power is being directed to ETH.

Its already at an all time high since 2017!! 2020 Alt Bullrun?

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Your current Rank (87) in the battle Arena of Holybread has granted you an Upvote of 5%

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Bang, I did it again... I just rehived your post!
Week 32 of my contest just started...you can now check the winners of the previous week!
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I use to mine Zcash and then ETH, respect to you for hurdling the technical issues of building the miner, and figuring out the software and stuff, along with mining pools and getting your ETH safely back in your wallet. My electricity costs made it to expensive and the bear market price made the profits top small.
Good Luck

Mining ETH and earning 1 ETH a day... good times. who would of known it would explode so much so fast.

ETH $1500

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