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Groestl Mining Profit Calculator

Groestl, introduced in 2013, supports cryptocurrencies like Groestlcoin and Digibyte through its innovative dual-round operation design. It enhances security by implementing a modified hash function, optimizing performance. You can conveniently calculate the profit of coins mined with Groestl using our ASIC miner profit calculator, enabling miners to accurately assess the financial feasibility of utilizing this algorithm. Unlike many other algorithms, Groestl utilizes SubBytes and ShiftBytes operations inspired by the AES encryption standard. Its unique compression function works on variable-length input data, offering increased resilience against side-channel attacks, a feature rarely seen in most mining algorithms. The algorithm's sponge construction not only improves its cryptographic strength but also provides high-speed hashing adaptability, making it an advanced choice for mining beyond its conventional benefits.

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🏷️ Brand & Model 💰 Profit

Groestl is a hash function that was created in 2013 and has been adopted by several cryptocurrencies such as Groestlcoin and Digibyte. It is a unique algorithm in that it has two rounds of operations and utilizes a modified version of the original algorithm for enhanced security and improved performance. One of the key features of the Groestl algorithm is its resistance to ASIC mining, which is a type of hardware that is specifically designed to mine certain algorithms at a faster rate than regular computer hardware. This makes it a more democratic form of mining, as it allows individuals with less powerful computers to participate in the mining process and earn rewards. Another aspect that sets Groestl apart from other algorithms is its energy efficiency. It requires less energy to mine compared to other algorithms, making it a more environmentally friendly option for those who participate in cryptocurrency mining. In conclusion, the Groestl algorithm offers a unique combination of security, performance, and energy efficiency that makes it a standout among cryptocurrency mining algorithms. It offers a level playing field for miners, making it possible for individuals with less powerful hardware to participate in the mining process and earn rewards.


Bitcoin Mining Statistics


Remaining Blocks


🔗
1296

Remaining Time


📅
~8 days

Next Change


⛏️
5.16%

Block Time


🕒
~9 min

Progress



35.71%



14.8K TX

183 vB/s

0.284 BTC

The next difficulty adjustment will executed in ~8 days (and 13 hours), currently there are 1296 blocks remaining ( 35.71% done).

Estimated Difficulty Change: 5.16%
Time per Block 9 minutes
Unconfirmed Transactions: 14812
Average Virtual Memory Size: 183 vB/s
Generated BTC (24 hours): 0.284 BTC