Genesis Mining: Ethereum vs. Ethereum Classic – which is more profitable?

I recently branched out to mining Ethereum Classic as well, and thought I’d run an analysis on which one is more profitable right now. These numbers are based on real data received from Genesis Mining.

TEST SETUP

Ethereum hashpower 55.52MH/s

Ethereum Classic hashpower 13.88MH/s

 

RESULTS

Ethereum yield per MH/s: 0.00048193858

Ethereum daily income per MH/s: $0.178

Ethereum Classic yield per MH/s: 0.008468937

Ethereum Classic daily income per MH/s: $0.193

 

The conclusion: if you only look at today’s cryptocurrency values and mining difficulty, ETC is the winner. However, the price predictions for ETH are more positive than for Classic, and with the looming Proof of Stake update, ETC’s fate is still unclear. It really depends on preference; if you want a higher yield (more coins), ETC might be a better choice.

I will keep mining both to spread the investment, but focus will be on ETH at least for the time being.

USEFUL LINKS:

How to mine Ethereum with Genesis Mining

CoinWarz mining difficulty rankings

 

2 thoughts on “Genesis Mining: Ethereum vs. Ethereum Classic – which is more profitable?

  1. Hey, you bough a 2 years contract while knowing that Eth will switch to PoS and mining won’t be any longer an option? Why would you do that?

    Like

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