One fortunate miner acquired a really good-looking reward for taking part in a comparatively small Ethereum mining pool.
The miner was utilizing the 2Miners: Solo pool on January 17 once they had been awarded with 168 Ethereum (ETH) for efficiently mining one block. Cointelegraph studies that the common reward for efficiently mining one block is round 4 ETH, or about $11,965. The miner was utilizing a pool that has round 854 miners on-line pushing 1.5 Tera hashes per second, which equals out to every miner placing ahead 1.85 Giga hashes per second of GPU energy.
Regardless of these jackpot rewards from mining blocks, common every day Ethereum profitability has been on a decline since Could 12, 2021 because the all-time excessive peaked at $0.282 and is now round $0.0474, in line with BitInfoCharts. The explanation for this decline, partially, is due to EIP-1559 which burns charges as an alternative of distributing them out to miners.