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Mining (Altcoins)
Re: Why is difficulty still very high
by
adaseb
on
27/11/2022, 17:26:20 UTC
Could you even rent hashpower for only 1 hour? Consider SHA256
Looking at Nicehash which is the largest place to rent hashpower
https://www.nicehash.com/my/marketplace/SHA256
You got 2 servers which have up to 0.1205 + 0.0785 EH/s.
What is the total hashrate for bitcoin?
https://www.blockchain.com/explorer/charts/hash-rate
Looks like 250,000,000 TH/s. So about 250 EH/s. So you can rent max 0.7% of the total bitcoin hashrate.