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What is WhatToMine.com? A1. WhatToMine.com is a website that provides miners with information about the profitability of different cryptocurrencies. It does this by providing real-time data about each coin's price, difficulty, and network hashrate. The website also calculates each coin's mining profitability based on the user's inputted mining hardware and electricity costs.
Can WhatToMine.com be used to calculate profits from ASIC miners? A7. Yes, WhatToMine.com can be used to calculate profitability for ASIC miners. The website allows users to input their ASIC mining hardware to provide accurate profitability calculations.
How often is WhatToMine.com updated? A8. WhatToMine.com is updated in real-time as new data becomes available. This means that the website always provides up-to-date mining profitability calculations based on the latest prices, network hashrates, and mining difficulty.
Can WhatToMine.com be used to mine cryptocurrency directly from the website? A10. No, WhatToMine.com does not offer direct mining capabilities. Instead, it provides users with information about the profitability of different coins, allowing users to make informed decisions about which coins to mine. Users will need to use their own mining software and hardware to actually mine the cryptocurrency.
Does WhatToMine.com support GPU or CPU mining? A3. Yes, WhatToMine.com supports both GPU and CPU mining. The website allows users to input their mining hardware, including graphics cards and CPUs, to calculate their expected mining profitability.
Can WhatToMine.com be used to mine any cryptocurrency? A4. WhatToMine.com currently supports over 550 different cryptocurrencies. This includes popular coins like Bitcoin, Ethereum, and Litecoin, as well as smaller altcoins like Ravencoin and Monero.
How does WhatToMine.com determine the profitability of mining different cryptocurrencies? A2. WhatToMine.com factors in a coin's current price, the difficulty of the coin's mining algorithm, and the network hashrate. It also factors in the user's inputted mining hardware and electricity costs. The website then provides an estimated daily, weekly, and monthly mining profitability for each coin.
Is WhatToMine.com free to use? A6. Yes, WhatToMine.com is completely free to use. The website is supported by ads and donations, but users do not need to pay anything to access the mining profitability calculator.
Does WhatToMine.com take into account pool fees? A5. Yes, WhatToMine.com takes into account pool fees when calculating mining profitability. Users can input their pool fees and the website will adjust the estimated profitability accordingly.
Is WhatToMine.com reliable? A9. WhatToMine.com is a reliable website that provides accurate mining profitability calculations. However, it is important to note that these calculations are based on current information and are subject to change as prices and difficulty levels fluctuate.