What is the most efficient way to mine ETC (What is the mining machine for ETC)?
According to official information from Ethereum Classic, the three most commonl
According to official information from Ethereum Classic, the three most commonly used mining algorithms for ETC in the blockchain are pBTC (Bitcoin) and eosbsc (Ethereum).
pBTC is the first use case on the ETH network; according to dapp.etherscan data, as of 18:40 today, the protocol has consumed over 100 million US dollars. Currently, ETC is still at the center of the third largest DeFi ecosystem, with a total lock-up amount of over 600 million US dollars. Therefore, despite the recent market downturn, a large number of mining projects can still be seen entering the mainstream.
What mining machine should be used for ETC?
The Ethereum network is currently using a similar approach to Bitcoin for transactions, so when mining, you can choose smaller currencies as the unit of mining power on the main network. If a node has more than 30 TH/s of data, it can be used to mine other cryptocurrencies.
According to the ethhash algorithm and the latest data, as of November 1st, it is estimated to cost about 34,000 yuan (approximately 20,000 US dollars) in terms of current prices, which is roughly the total cost price of mainstream mining machines such as Antminer S9 and Whatsminer M21. (Wu Shuo Blockchain)
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