RE: Genesis Mining: 6 Days After 10 TH/s Bitcoin Mining Upgrade

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Genesis Mining: 6 Days After 10 TH/s Bitcoin Mining Upgrade

in bitcoin •  7 years ago 

Mike, do you know why $BTC mining is much more lucrative then $ETH mining right now? If the price of ETH goes to $400 will Ethereum mining be more profitable?

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7 years ago by

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      ·  7 years ago 

    Part of it has to do with the difficulty level. The difficulty level is a factor in determine how hard (difficult) it will be to come up with the next block in the block chain. That is my extremely basic understanding.

    Here is a website where you can see the "difficulty level" for different crypto-coins:
    https://www.coinwarz.com/cryptocurrency

    Have a great week!
    Steem on,
    Mike

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