@jhellenfotografa 14 May 2021 more from that month

This radically changes the nature and procedures of the mining industry corresponding to each network. But above all, there is a great difference between the two networks in terms of the number of transactions that are processed and their cost. Ethereum currently processes more than 1.6 million transactions daily, according to etherscan.io. Bitcoin processes around 260,000 daily transactions, according to Bitinfocharts. An Ethereum transaction costs around $ 65, according to Bitinfocharts. For its part, the average price of the commission per transaction in Bitcoin is USD 14, according to the same source. Bitcoin and Ethereum have different mining mechanisms It is convenient to briefly note the multiple differences between the mining of these two protocols. For starters, both networks are mined with different hardware equipment. Although the two networks use proof-of-work (PoW) algorithms, Ethereum is mined with GPU (Graphic Processing Units) equipment and Bitcoin is mined with ASIC (Application Specific Integrated Circuit) equipment, hardware dedicated exclusively for this purpose and none else. . #CryptoNews