Ethereum: Is it possible for a slow computer to beat the world mining Bitcoin?
Ethereum: Is it possible for a slow computer to beat the world mining bitcoin?
As the largest currency in the world, Bitcoin is long associated with the calculation of high performance. Miners use powerful computers to deal with complex mathematical equations, confirming the network transactions and securing blockchain. However, not all computers were created the same when it comes to mining, and a new candidate appears: slow computers.
In this article, we will explore whether it is possible for a slow computer to beat the Bitcoin Mining World. We will examine current market conditions, requirements for the performance of different types of hardware and several interesting examples from the Cryptum of Mining.
Low performance rise
As the popularity of Ethereum grew, so did the demand for powerful computers digging its tokens (ETH). However, as the prices of GPUs (graphic processing) and CPUs increased, many miners were stuck with the origin of hardware. This has led to a shift on the market to low performance mining, where slower processors can still generate significant income.
Why disputes computers can still mini Bitcoine
So, why can slow computers minimize bitcoins? The answer lies in mathematics involved in Bitcoin mining. The miners compete for solving complex mathematical equations that require huge computer power. However, these equations can be resolved by a small part of the total hash rate of the network.
A slower computer can still participate in the process, although lower hash speed than more powerful computers. This is because slower computers do not need to handle so many equations at the same time, reducing their total processing requirements.
Ethereum mining hardware
In order to understand how slow computers can minimize bitcoins, we have to look at Ethereum’s requirements for mining hardware. According to the official guidelines of Ethereum, miners require that at least 1 ETH (one token) per block be mined. This means that even if a slow computer is used, it must generate at least one eth week to participate in the process.
Example: A slow computer downloads Bitcoin
Let’s see an example that includes two computers with different levels of performance:
* Computer 1: Intel Core I3-2100 (2.4 GHz) – 1.5 GHz SPEE OF HOURS, 4 cores and 8 threads.
* Computer 2:
AMD Ryzen 3 3200g (2.6 GHz) – 3.9 GHz Sour speed, 4 cores and 4 threads.
Using Ethereum mining guidelines, Computer 2 would require that approximately 400 000 ETH is mined per week, while Computer 1 would need about 800,000 eth.
Conclusion
Although it is true that mining bitcoin requires significant computer power, slow computers can continue to participate in the process. The mathematics included in the solution of mathematical equations is complex, but a slower computer should not be addressed at the same time with so many equations to contribute.
Ethereum’s mining guidelines suggest that even a relatively low-performan hardware can be sustainable for Bitcoin mining. As the demand for Ethereum increases and prices are rising, it can become more challenging to compete with others with others.
bottom line
Although it may seem unlikely, the slow computer can still minimize bitcoins. It is crucial to understand the mathematics involved in bitcoin mining and choose a hardware that meets the network requirements. If you want to get into the Ethereum mining, consider using low-performance hardware such as Intel Core I3-2100 or AMD Ryzen 3 3200g.
However, it is crucial to keep in mind that as prices grow for top GPUs and CPUs, it may become increasingly challenging to compete with others with others.