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RE: Genesis Mining: 6 Days After 10 TH/s Bitcoin Mining Upgrade
Mike, do you know why $BTC mining is much more lucrative then $ETH mining right now? If the price of ETH goes to $400 will Ethereum mining be more profitable?
Part of it has to do with the difficulty level. The difficulty level is a factor in determine how hard (difficult) it will be to come up with the next block in the block chain. That is my extremely basic understanding.
Here is a website where you can see the "difficulty level" for different crypto-coins:
https://www.coinwarz.com/cryptocurrency
Have a great week!
Steem on,
Mike