1:47 Mining: What is it? How to get started.
8:27 Mining: Approximate cost and profit calculations.
12:21 Staking: Approximate cost and profit calculations.
13:25 Mining vs Staking: Profit calculations compared (estimate only).
16:14 Mining vs Staking: Some factors affecting profitability.
17:32 Mining vs Staking: Verdict- which one is more profitable?
🔷 What is Ethereum Mining?🔷
Ethereum is one of the easiest cryptocurrencies to mine, using idle computer resources to earn daily revenue in Ethereum (ETH). This is especially true if you have a high end computer, as they usually have the necessary hardware to mine Ethereum. In order to get mining, you’ll need a Graphics Processing Unit(GPU). GPUs are usually in gaming computers and high-end computers (eg MacBook Pro or Dell XPS). Miners frequently sell mined Ethereum on top cryptocurrency exchanges or Over-the-Counter to generate passive income.
👉 Learn more about Ethereum mining:
🔶How to Stake Ethereum 2.0?🔶
Staking on Ethereum 2.0 is finally live. However, the process of connecting your Ethereum (ETH) coins can be a bit tricky. It’s not all about sending 32 ETH to the contract. Doing so would end up with you losing your funds. You can stake Ethereum 2.0 by using AllNodes, a non-custodial platform for hosting nodes.
👉 Learn more about Ethereum 2.0 (ETH 2.0) staking:
#Ethereum #Staking #Mining #Cryptocurrency
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I’m not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.