These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

Since the modulation from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot beryllium mined and miners are present dedicating hashrate to antithetic PoW chains. Since ethereum tin nary longer beryllium mined, the astir profitable PoW statement algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, earlier The Merge, the statement algorithm Ethash was the astir profitable, arsenic the apical miner raked successful $79.53 per time successful profits. Today’s apical mining rig, with Ethereum retired of the picture, accrues astir $69.41 per time mining kadena.

Today’s Top 7 Mineable PoW Algorithms Include Kadena, Scrypt, Cuckatoo32, Blake2B-Sia, X11, Equihash, and SHA256

According to the latest data from asicminervalue.com, the PoW statement algorithm is nary longer the astir profitable statement strategy to excavation since the Paris upgrade triggered Ethereum’s Merge. Since September 15, Kadena has go the astir profitable statement algorithm this year. Bitmain’s application-specific integrated circuit (ASIC) mining rig, the Antminer KA3, gets an estimated $69.41 per time with energy costs astatine $0.12 per kilowatt hr (kWh). Miners excavation the PoW blockchain Kadena (KDA) and the Antminer KA3 produces an estimated 166 TH/s.

Kadena’s web hashrate is astir 0.21 exahash per 2nd (EH/s) oregon 212.8632 petahash per 2nd (PH/s). The 2nd astir profitable statement algorithm utilizing an ASIC mining rig is Scrypt, the statement strategy associated with litecoin (LTC) and dogecoin (DOGE). Besides DOGE and LTC, a fistful of different integer plus networks similar verge (XVG) and digibyte (DGB) leverage Scrypt arsenic well. Today’s apical miner, Bitmain’s Antminer L7, tin get an estimated $13.09 successful regular profits. The apical 3 miners beneath the Antminer KA3 are each Scrypt miners produced by Bitmain.

Below Kadena and Scrypt, the 3rd astir profitable PoW statement algorithm is Grin’s Cuckatoo32. The apical Cuckatoo32 ASIC mining instrumentality tin get an estimated $7.48 per time successful profits. Below Cuckatoo32 includes statement algorithms specified arsenic Blake2B-Sia, X11, Equihash, and SHA256. The statement mechanics SHA256 is leveraged by crypto networks specified arsenic bitcoin (BTC), bitcoin currency (BCH), bitcoinsv (BSV), and namecoin (NMC).

SHA256 is the seventh astir profitable statement algorithm and a BTC miner leveraging an Antminer S19 XP with 140 TH/s gets astir $2.60 per day. With Ethereum removed from the equations, radical tin inactive excavation Ethash coins similar ethereum classical (ETC), but the apical Ethash mining devices nutrient small nett successful examination to erstwhile radical could excavation ether.

At the clip of writing, Bitmain’s Antminer E9 with 2.4 gigahash per 2nd of Ethash hashpower makes an estimated $0.45 per day. On September 12, the aforesaid instrumentality mining ethereum (ETH) produced $53.45 per day, according to stats recorded by asicminervalue.com. Innosilicon’s A11 Pro ETH miner, with 1,500 megahash per 2nd (MH/s), is not profitable and regular usage leads to a nonaccomplishment of $3.03 per day. Five days ago, connected September 12, the aforesaid instrumentality produced $30.09 per time successful profits.

What bash you deliberation astir the apical 7 mineable statement algorithms since Ethereum dropped PoW? Let america cognize what you deliberation astir this taxable successful the comments conception below.