Toward the end of 2017, we switched the software on our GPU mining rig from Claymore – mining Ethereum – to NiceHash.
Our allotment with Ethereum had been bottomward rapidly, and the bulk of time it took to abundance 1 ETH had developed from aloof over 200 hours to 800 hours in three months.
With the amount of Bitcoin ascent as our Ethereum allotment dropped, we switched to NiceHash – which let us abundance altcoins which were again exchanged for Bitcoin.
All was admirable from there, until the massive NiceHash drudge in December 2017.
NiceHash was taken offline while the drudge was advised and our 6x RX580 rig was larboard idle.
This accepted fortuitous, however, as the alpha of our Ethereum mining coincided with a aciculate acceleration in the cryptocurrency’s price.
When we started mining Ethereum in June 2017, it was annual about $360 and we fabricated 1 ETH in beneath 10 days.
This slowed to 1 ETH every 33 canicule about the boilerplate of September 2017 – aback Ethereum had alone to $260.
With the allotment bottomward both in agreement of Ethereum and US dollars – and accordingly rand – we switched to NiceHash to accompany in Bitcoin.
After the NiceHash drudge in December – area we absent about $50 annual of Bitcoin at the time, as it was in the
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