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A mining device uses powerful processors to solve the complex puzzles used to secure and validate transactions on a blockchain. By providing some of the global hash power needed, you receive rewards and get paid in crypto-currency. Then you can choose to keep coins or exchange it for other coins or currency.
Yes, mining is becoming easier to setup and understand. But you should consider mining as a high-risk investment, the return on investment is not guaranteed, and the benefits are highly variable due to the volatility of the cryptocurrency market.
Most machines consume a lot of electrical energy, produce a significant amount of heat and generate a lot of noise.
You must choose your machines according to your ability to tolerate these three factors.
For example, here is a projection of the size of the DAG file for Ethereum:
- Over 4Gb on December 2020
- Over 6Gb on March 2024
- Over 8Gb on May 2027
The real-time earnings show you the benefits you can expect from a device if you already owned and operated the miner.
This view allows you to see key information at a glance.
Yes, in the 'Local preferences' section, you can:
Profits are calculated in real-time according to device specifications and external variables:
Displayed values are here to provide actual earnings information for each device for comparison purpose.
Return on investment (ROI) is the number of days between the purchase and the day you have generated enough income to equal the cost of the miner.
This forecast is for informational purpose only, due to market-dependent earnings.
We try to check vendors to provide the safest links possible, but we cannot guarantee any of them.
You must be aware that all external links are out of our control, and one store may be safe for some users and give one bad experience to another.
All labels and risk estimates are given "as is" based on our experience and feedback from the community.
Each manufacturer or vendor defines his own rules:
If you don't have cryptocurrencies yet, you can create an account on CoinBase (or any other similar website) to buy some with your credit card.
Some accept Bitcoin (BTC), other Litecoin (LTC) or Ethereum (ETH). If you need to exchange some coin for another one you can use Changelly.
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