So, what is Bitcoin mining pool? Think of Bitcoin mining pools as large Bitcoin farms. Lots of miners combine the power of their Bitcoin mining hardware. They also split the Bitcoin reward that they receive. Imagine this: you’re in a Bitcoin mining pool. Your computer power is 2% of the total power in the mining pool. If your mining pool wins ... Calculate how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin $15,063.81 $58.00 $441.88 $112.98 $5.19 $67.32 $60.16 Follow @WhatToMine dark mode GPU How can the UFO Coin (UFO) mining profitability be calculated You can use this tool and input all the parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage (the pool which you are going to join in the mining), difficulty of the UFO Coin (UFO) network, amount of blocks rewarded, price of UFO Coin (UFO) and once you click calculate it ... This was applicable at the dawn of Bitcoin. Back in 2009 any calculator had the chance to find a match for the encrypted transaction. Due to the increase of competition, the network has plenty of calculation power. Today it would be foolish to even think to be mining Bitcoin with your CPU. GPU Mining. I assume that the majority of miners were ... Disclaimer: Results from mining calculator are estimation based on the current difficulty, block reward, and exchange rate for particular coin. Errors can occur, so your investment decision shouldn't be based on the results of this calculator. Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining?
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