Author

Topic: How much Ethereum were people mining in 2016? (Read 266 times)

full member
Activity: 236
Merit: 101
November 30, 2017, 05:39:17 AM
#4
Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day.

Calculation breakdown:
Network hashrate (31st Dec 2017): 5739 GH
Hashrate with 6x 1060s: 120 MH
Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH
Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day.
Hmm..Curious..I didn't know that

If only we could turn back time  Cheesy, the real question is which coin that we can mine now has the most potential growth, I don't think we'll see anything on Ethers level again but maybe a coin around 2-5usd going up to 50usd as an example.
newbie
Activity: 35
Merit: 0
November 30, 2017, 04:01:53 AM
#3
Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day.

Calculation breakdown:
Network hashrate (31st Dec 2017): 5739 GH
Hashrate with 6x 1060s: 120 MH
Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH
Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day.
Hmm..Curious..I didn't know that
sr. member
Activity: 861
Merit: 281
November 30, 2017, 03:02:15 AM
#2
Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day.

Calculation breakdown:
Network hashrate (31st Dec 2017): 5739 GH
Hashrate with 6x 1060s: 120 MH
Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH
Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day.
full member
Activity: 462
Merit: 115
November 30, 2017, 01:01:49 AM
#1
Were people mining like 5-6 per day with 6x 1060's?
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