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Cryptocurrency & Mining - Page 65

The latest and most important Cryptocurrency & Mining news - Page 65.

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Ethereum difficulty squeezing out the small miners

Anthony Garreffa | Aug 18, 2017 1:35 AM CDT

The Ethereum mining boom hits its peak in June, but it hasn't stopped casual - and professional miners from continuing to mine the digital cryptocurrency. The current price of Ethereum is actually quite good, where at the time of writing it had reached $300.

Ethereum difficulty squeezing out the small miners

Back to the mining, where I've scoped out the difficulty chart for Ethereum which is continuing to grow. Earlier this month it reached 1.5T, up from the 1.25T or so towards the end of July.

But now, Ethereum mining difficulty has spiked to 1.75T, its highest yet. If you're still mining Ethereum, I've written an article saying Ethereum mining is DEAD... and I still stand by those words. If you've got graphics cards laying around... sure. But I wouldn't advise ANYONE to invest in hardware to mine Ethereum right now, or ever again.

Continue reading: Ethereum difficulty squeezing out the small miners (full post)

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