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Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum can’t be mined and miners are actually dedicating hashrate to totally different PoW chains. Since ethereum can not be mined, the most worthwhile PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days in the past, earlier than The Merge, the consensus algorithm Ethash was the most worthwhile, as the prime miner raked in $79.53 per day in earnings. Today’s prime mining rig, with Ethereum out of the image, accrues roughly $69.41 per day mining kadena.
Today’s Top 7 Mineable PoW Algorithms Include Kadena, Scrypt, Cuckatoo32, Blake2B-Sia, X11, Equihash, and SHA256
According to the newest knowledge from asicminervalue.com, the PoW consensus algorithm is not the most worthwhile consensus scheme to mine since the Paris improve triggered Ethereum’s Merge. Since September 15, Kadena has grow to be the most worthwhile consensus algorithm this 12 months. Bitmain’s application-specific built-in circuit (ASIC) mining rig, the Antminer KA3, will get an estimated $69.41 per day with electrical energy prices at $0.12 per kilowatt hour (kWh). Miners mine the PoW blockchain Kadena (KDA) and the Antminer KA3 produces an estimated 166 TH/s.
Kadena’s community hashrate is round 0.21 exahash per second (EH/s) or 212.8632 petahash per second (PH/s). The second most worthwhile consensus algorithm utilizing an ASIC mining rig is Scrypt, the consensus scheme related to litecoin (LTC) and dogecoin (DOGE). Besides DOGE and LTC, a handful of different digital asset networks like verge (XVG) and digibyte (DGB) leverage Scrypt as properly. Today’s prime miner, Bitmain’s Antminer L7, can get an estimated $13.09 in every day earnings. The prime three miners beneath the Antminer KA3 are all Scrypt miners produced by Bitmain.
Below Kadena and Scrypt, the third most worthwhile PoW consensus algorithm is Grin’s Cuckatoo32. The prime Cuckatoo32 ASIC mining system can get an estimated $7.48 per day in earnings. Below Cuckatoo32 contains consensus algorithms resembling Blake2B-Sia, X11, Equihash, and SHA256. The consensus mechanism SHA256 is leveraged by crypto networks resembling bitcoin (BTC), bitcoin money (BCH), bitcoinsv (BSV), and namecoin (NMC).
SHA256 is the seventh most worthwhile consensus algorithm and a BTC miner leveraging an Antminer S19 XP with 140 TH/s will get round $2.60 per day. With Ethereum faraway from the equations, folks can nonetheless mine Ethash cash like ethereum traditional (ETC), however the prime Ethash mining units produce little revenue compared to when folks might mine ether.
At the time of writing, Bitmain’s Antminer E9 with 2.4 gigahash per second of Ethash hashpower makes an estimated $0.45 per day. On September 12, the similar machine mining ethereum (ETH) produced $53.45 per day, in accordance to stats recorded by asicminervalue.com. Innosilicon’s A11 Pro ETH miner, with 1,500 megahash per second (MH/s), isn’t worthwhile and every day use leads to a lack of $3.03 per day. Five days in the past, on September 12, the similar machine produced $30.09 per day in earnings.
What do you consider the prime seven mineable consensus algorithms since Ethereum dropped PoW? Let us know what you consider this topic in the feedback part beneath.
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