Without going into details, a DAG is a file created every 30000 of Ethereum blocks. Ethereum mining is connected with a special file called DAG (directed acyclic graph).
Video memory is another thing you should pay attention to before buying. Other coins using Ethash will not be affected, so your cards will still work correctly by mining other Ethash coins. The good news is that this update applies only to Ethereum. This switch will make Ethereum mining impossible or greatly reduce the reward, so make sure you are up to date with the latest developments. If you are new to Ethereum mining, you should know several important things: Ethereum Proof of Stake UpdateĮthereum developers plan to upgrade to Proof Of Stake using an algorithm called Casper. Competent selection of equipment plays an important role, determining how beneficial it will be. To make mining of Ethereum profitable, you need to have the right equipment. Ethereum mining is performed using the Ethash algorithm, which can be used using powerful graphics cards. Ethereum or Ether is one of the most popular crypto coins among cryptocurrency miners.
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