Ethereum Mining Calculator

What is Ethereum?

Released in 2015, Ethereum is the world’s leading programmable blockchain. Ethereum has a native cryptocurrency called Ether (ETH) that is used to power applications built on the Ethereum blockchain. Ether can be used just like Bitcoin to send tokens from one address to another.

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Historical data Ethereum

Ether Mining Calculator

Miners must use their powerful computer equipment to compete with each other and find the solution to complex mathematical problems before the rest. Mining is the act of verifying transactions within a blockchain.

The mining process for Ethereum is the same as that of Bitcoin. For every transaction block, the miners make use of computers to quickly and repeatedly solve computational equations till any one of them makes it through.

Ethereum is one of the easiest cryptocurrencies to mine, using idle computer resources to earn monthly revenue in Ethereum (ETH). Ether mining is the accruement of ETH via the validation of network transactions.