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After the Ethereum Merge, Bitcoin and alternate options like Ethereum Basic are the only methods to make cash from mining. The other thing to note right here is that the EthereumPoW is the unique Ethereum blockchain powered by the Proof of work mechanism. Ethereum POW (ETHW) is a new coin that’s cut up after the transformation to Proof-of-Stake.

Rampant hypothesis has turned the valuation of Bitcoin into a neck-snapping roller coaster ride. In 2010, a unit of 1 bitcoin was worth only a few cents. Over the next few years, Bitcoin’s worth rose and fell from a whole lot of dollars to only a handful. But nothing fairly prepared buyers for 2017, during which wild Bitcoin hypothesis drove the worth of a single bitcoin from lower than $1,000 to over $16,000 [source: Russo].

Zoltan is a writer at Forkast with a deep passion for storytelling and blockchain. Prior to becoming a member of the workforce, he worked as a advertising and content writer, centered on software and technology. Zoltan holds a master’s degree from the Ludwig Maximilian University of Munich and is involved sooner or later of worldwide financial decentralization.

Open your browser and navigate to https://minergate.com (opens in new tab). Click on on the button marked ‘Download Miner & Start Mining’. If you’re using Microsoft Edge, you may click on ‘Run’ to launch the installer at this stage. Home windows 10 will ask you to confirm that you wish to permit MinerGate to make modifications to your system. Click ‘Yes’.