Setting the DAG file size for Ethereum mining
You can't just start mining any cryptocurrency using a computer that has a processor and a graphics card. It is necessary to choose the right network and determine the most productive equipment. You have to upload a unique block of data to mine ether, and its price is always rising. Currently, the Ethereum DAG file size is 4914 GB. The choice of a visual card compatible with mining will affect this parameter.
How to speed up the process of mining cryptocurrencies
The complexity of the blockchain increases with the introduction of cryptocurrencies. As a result, after two or three months, even a powerful device for mining coins will cease to function effectively. Miners can cut costs, strengthen the hashrate, or consider ways to accelerate mining to maintain the profitability of the company. Manufacturers allow an increase in productivity by 30-40%. However, forced acceleration leads to an increase in energy consumption and heat loss. The miner must choose which option is more profitable: upgrading the equipment with a more powerful power supply and cooling, or strengthening existing equipment.
How will the cryptocurrency market collapse in the first half of 2022?
The most expensive moment for major cryptocurrencies was in late 2021; bitcoin reached $69,146 in November. But a precipitous decline began in the first half of 2022, and it has continued ever since.
