[EN] 3 Ways to Mining Ethereum You Can Try

3 Ways to Mining Ethereum You Can Try. In recent years, cryptocurrency (digital currency) is on the rise. The crypto currency that is currently hot is ethereum or ether. This is how to mine ethereum.

It is known, ethereum is a crypto currency or digital currency that is currently popular in the world. Ethereum or ether is predicted to be "The Next Bitcoin" which is currently priced at IDR 27.9 million as of February 20, 2021.

As with bitcoin, buying ethereum can also be done directly and can also be obtained by mining (mining). Then, how to mine Ethereum? Here is the explanation.

[EN] 3 Ways to Mining Ethereum You Can Try

How to Mining Ethereum

There are three ways to mine ethereum, both paid and free. The methods are as follows:

1. Pool Mining

Pool Mining Ethereum is considered the easiest and fastest way to mine Ethereum. Usually, pool mining is done by cooperating with other people.

In the process of this collaboration, they agree that they must be honest and open with each other. If someone has found the secret number, then he must share it with the others.

There are several things to consider before deciding to join a pool, namely: pool size, pool income, and pool fees.

2. Personal Mining

Personal Mining may look more tempting because the prizes obtained do not need to be shared with others. In a sense, all gifts to yourself.

However, this method is more difficult because you have to compete with a lot of big guys to solve super complicated math puzzles and get prizes. The chances of success are also small.

 

For personal ethereum mining, there are several things you need to pay attention to, namely heating, ventilation, noise, electricity and space costs.

3. Cloud Mining

The next way is with Ethereum cloud mining. This method is done by hiring or hiring other people for mining ethereum.

Cloud mining provides an advantage because you don't need to be responsible if mining tools are damaged. You only accept it's done and receive gifts from people whose services you hire for mining.

However, you also need to be careful choosing the services of people for mining. Because, there are a number of companies that ask you to pay electricity bills and repairs if there is damage.

Therefore, make sure you choose a trusted and professional service and make sure you read the contract agreement to avoid unwanted things.

Well, that's how to mine ethereum, each of which has its advantages and disadvantages. Good luck!

Contributor : Ulil Azmi