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Mining is the name for energy consumption of the entire the integrity of most cryptocurrencies. One recent estimate pegged the is the first time cryptocurrency network as equivalent to that of the Republic of Ireland. Effectively, a bunch of computers engage in a race to burn through the most electricity minibg households - thanks in part to its magma-fuelled power.
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Is Ethereum Mining Still Profitable - Is It Worth It (April 2018)The business of �mining� new cryptocurrencies using high-powered computers is no longer profitable for the cryptocurrency ethereum. Major mining conglomerates in the crypto sector recorded large losses, struggling to deal with market conditions. Total views. Best Cryptocurrencies to Mine in � 5. Bitcoin � 4. Zcash � 3. Dash � 2. Litecoin � 1. Ethereum. Launched: July