Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

The two main hardware categories that can be used to mine Ethereum Classic are GPUs and ASICs, and within each category there are many options. Aladdinminers offers a premium selection of ETC and ETH miners from renowned brands like Innosilicon and Bitmain.

As Ethereum Classic enjoys a large hashrate, it is very unlikely that a small solo miner will be lucky enough to mine a block on their own. For this reason, unless you have a large mining operation, solo miners usually join a mining pool to receive a smaller more regular rewards, proportional to the hashrate they contribute.

As with all cryptocurrency mining operations, whether or not your can make a profit depends on a number of factors, such as hardware efficiency and scale, but is largely determined by the cost of electricity in your local area.

Presently the main source of revenue for miners comes from the fixed base reward, as outlined in ECIP-1017. Every 5 million blocks, this reward is reduced by 20%, in a similar way to Bitcoin’s halvening.