Scrypt

Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings

October 6, 2024 Bitcoin.com

Alephium

In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s taking the lead, with alephium (ALPH) miners raking in an estimated $40.53 in daily profits. Blake3 Tops PoW Mining, Followed […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms

July 1, 2024 Bitcoin.com

bitcoin.com

In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that not only secure but also empower the blockchain with the integrity and trust that underpin several of today’s leading digital currencies. Understanding Proof-of-Work and Its Variants Proof-of-work […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

November 30, 2022 Bitcoin.com

Antminer S19 Pro+ Hyd.

During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

September 17, 2022 Bitcoin.com

ASIC Mining

Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

April 17, 2022 Bitcoin.com

Algorithm

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

November 27, 2021 Bitcoin.com

Algorithm

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021

June 4, 2021 Bitcoin.com

Bitcoin mining

Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much larger yields. Blake256R14 and Ethash Machines Pull […]

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Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’