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comment by ooli
ooli  ·  1163 days ago  ·  link  ·    ·  parent  ·  post: Mining Ethereum in the Closet

Why not going Bitcoin? Is the $40* markup on btc vs etherum balanced by the mining cost?





wasoxygen  ·  1162 days ago  ·  link  ·  

Bitcoin and Ethereum use different encryption algorithms. The graphics cards used for gaming used to be fast enough to mine Bitcoin profitably, but later chips designed especially for Bitcoin made GPUs too slow to keep up. The Ethereum algorithm is still favorable to graphics cards.

What is the difference between Ethereum and Bitcoin mining