BTC

+0.63%

$20222.88
ETH

-0.08%

$1352.9
LTC

+0.35%

$54.79
DASH

-9.17%

$39.33
DCR

-5.24%

$24.4
ZEC

-7.05%

$52.6

Help Center

What is Ethereum? What is Ethereum mining?

In the Ethereum universe, there is a single, canonical computer (called the Ethereum Virtual Machine, or EVM) whose state everyone on the Ethereum network agrees on. Everyone who participates in the Ethereum network (every Ethereum node) keeps a copy of the state of this computer. Additionally, any participant can broadcast a request for this computer to perform arbitrary computation. Whenever such a request is broadcast, other participants on the network verify, validate, and carry out ("execute") the computation. This execution causes a state change in the EVM, which is committed and propagated throughout the entire network.

Requests for computation are called transaction requests; the record of all transactions and the EVM's present state gets stored on the blockchain, which in turn is stored and agreed upon by all nodes.

Cryptographic mechanisms ensure that once transactions are verified as valid and added to the blockchain, they can't be tampered with later. 

How does Ethereum mining work?

Ethereum currently uses a proof-of-work consensus mechanism. This means that anyone who wants to add new blocks to the chain must solve a difficult puzzle that requires a lot of computing power. Solving the puzzle "proves" that you have done the "work" by using computational resources. Doing this is known as mining. Mining is typically brute force trial and error, but successfully adding a block is rewarded in ETH.


BTC
Shut Down
Issue amount 21000000
24 hours volume 2.35M
24 hours turnover $ 47.10B
Market Direction Long
Panic Index 25 (Extreme panic)
Swap Rate 12.29%
Market Value Proportion 39.64%
market value $ 2,092.55 x 100 million
24 hour increase 0.63%
Computing power 251.82 EH/s
daily output 0.00000401 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+88.93%
ETH
Shut Down
Issue amount 121630728
24 hours volume 15.38M
24 hours turnover $ 20.71B
Market Direction Long
Swap Rate 12.54%
Market Value Proportion 16.98%
market value $ 816.40 x 100 million
24 hour increase -0.08%
Computing power 855.24 TH/s
daily output 0.00001549 ETH / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+372.30%
LTC
Shut Down
Issue amount 84000000
24 hours volume 6.92M
24 hours turnover $ 378.93M
Market Direction Long
Swap Rate 9.71%
Market Value Proportion 0.40%
market value $ 22.76 x 100 million
24 hour increase 0.35%
Computing power 473.24 TH/s
daily output 0.00001567 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-9.65%
DASH
Shut Down
Issue amount 18900000
24 hours volume 575.19K
24 hours turnover $ 24.14M
Market Direction Long
Swap Rate 5.26%
Market Value Proportion 0.04%
market value $ 3.68 x 100 million
24 hour increase -9.17%
Computing power 2.20 PH/s
daily output 0.00025654 DASH / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-61.40%
DCR
Shut Down
Issue amount 21000000
24 hours volume 32.97K
24 hours turnover $ 870.50K
Market Direction Short
Swap Rate 0.22%
Market Value Proportion 0.03%
market value $ 2.51 x 100 million
24 hour increase -5.24%
Computing power 79.94 PH/s
daily output 0.00000411 DCR / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-88.36%
ZEC
Shut Down
Issue amount 21000000
24 hours volume 670.31K
24 hours turnover $ 37.93M
Market Direction Short
Swap Rate 4.35%
Market Value Proportion 0.08%
market value $ 5.35 x 100 million
24 hour increase -7.05%
Computing power 10.10 GH/s
daily output 0.00028063 ZEC / K
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+67.77%
hide
New payment password
Confirm the new password
Email verification code
Cannot receive a CAPTCHA?