A quick recap on my small mining rig, which is currently mining ETH with the current upcoming bull run and the switch for Proof of Stake for ETH I think it's wise to stack up on some of it.
The current Cashout amount is .2 ETH and at my current mining hash power,
I need about 11 days to hit my min cash out. I am at the moment just mining with two RX 2700 XT which both do an average of 49 Mh/s
With 2 more cards, I can be hitting a bit over 200 Mh/s, again though with the increase of ETH being imminent
Proof of Stake
Proof of stake (PoS) is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake).
This is me staking as much as I can of ETH before it skyrockets. 🚀🚀 of course, all these are estimates and it can also take longer if more Hashing power is being directed to ETH.
Vechain, Ethereum, Cardano, and Chainlink are major coins that are loved by many and the love is increasing more because now they are performing extremely well.