|
Title: How much Ethereum were people mining in 2016? Post by: hous26 on November 30, 2017, 06:01:49 AM Were people mining like 5-6 per day with 6x 1060's?
Title: Re: How much Ethereum were people mining in 2016? Post by: MATHReX on November 30, 2017, 08:02:15 AM Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day. Calculation breakdown: Network hashrate (31st Dec 2017): 5739 GH Hashrate with 6x 1060s: 120 MH Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day. Title: Re: How much Ethereum were people mining in 2016? Post by: F_ferdan on November 30, 2017, 09:01:53 AM Not at all. Hmm..Curious..I didn't know thatMore like 0.7 ETH per day but with today's price, that was like a lottery each day. Calculation breakdown: Network hashrate (31st Dec 2017): 5739 GH Hashrate with 6x 1060s: 120 MH Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day. Title: Re: How much Ethereum were people mining in 2016? Post by: juanichiloco on November 30, 2017, 10:39:17 AM Not at all. Hmm..Curious..I didn't know thatMore like 0.7 ETH per day but with today's price, that was like a lottery each day. Calculation breakdown: Network hashrate (31st Dec 2017): 5739 GH Hashrate with 6x 1060s: 120 MH Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day. If only we could turn back time :D, the real question is which coin that we can mine now has the most potential growth, I don't think we'll see anything on Ethers level again but maybe a coin around 2-5usd going up to 50usd as an example. |