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I mined for an hour and didn't get anything, ready to go to sleep.
I knew it would be hard to make money with such high popularity, but I still wanted to try.
As a result, the project team really pulled out a big one.
$EQM Why is it so hard to mine?
What the mining machine is doing, to give an analogy:
There's a 6-digit combination lock (000000 ~ 999999).
The requirement is: find a number where the last digit is 3.
With a hash rate of 13 H/s, trying 13 times per second. This is the simplest mode of the password lock.
But the difficulty with Equium is:
Not only does the last digit need to be 3,
but the second last digit also needs to be 7,
and the third last digit needs to be F,
...
As more blocks are added to the network, the required number of digits increases.
Officially promoted as mineable by everyone, but in reality, anyone can mine, yet no one can really do it.
It's a waste of effort—when a block finally comes out, it’s not enough to cover electricity costs.
Don’t ruin your computer over 2 dollars.
Forget it, forget it, looking for the next alpha.