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There are many types of cryptocurrencies that can be mined. Of the many, there are some that have the largest market capitalization and are popular. Call it Bitcoin (BTC), Ethereum or Ethereum (ETH), and Dogecoin.
Then of the three popular cryptocurrencies I mentioned earlier, which one is more profitable to mine?
Mining experts at 911 Metallurgist decided to reveal the cost VS profitability of mining Bitcoin, Ethereum, and Dogecoin in 200 countries and 50 states. Profitability is calculated using live crypto values from Live Coin Watch.
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for example in the United States. To mine 1 Bitcoin, it costs US$21,088.53. With this number, the profit or profit that can be obtained is US $ 451.
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Meanwhile, to mine 1 Ethereum, in the United States it takes US $ 88.83. With this capital, miners can get a profit of US $ 1,140.
Unlike the previous two cryptocurrencies, for Dogecoin, miners in the United States seem to be experiencing losses. Although the costs incurred were much less, namely US$0.12. However, they did not get a profit, because the dogecoin mining yield with this capital was US$-0.05.
Watch my video For more informations!.
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