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Best Ethereum Mining Pool 2018

5 Best Ethereum Mining Pools To Join 2017 / 2018 (comparison)

5 Best Ethereum Mining Pools To Join 2017 / 2018 (comparison)

Jordan Tuwiner Last updated July 13, 2017 Once you get Ethereum mining hardware , your next step is to decide on which Ethereum mining pool youll join. A mining pool helps you get more frequent payouts rather than only getting paid when you solve an Ether block. Note that mining has a lot of up-front costs, and if you just want Ether than its usually a better idea to just buy Ethereum . Youll also need Ethereum mining software to point your hardware towards your selected pool. And, an Ethereum wallet to receive payouts to . Weve listed the top pools in order of hash rate share according to Etherchain : The pools below are mining pools. This means you need to own mining hardware. If you want another company to mine for you you need cloud mining . Ethpool and Ethermine are two different sites although they appear to be basically the same pool. They are currently the largest Ether mining pool with about 25% of the networks hash rate. F2pool is also a Bitcoin mining pool. Its Ether mining pool appears to only be available in Chinese, so this is not a good option for most of our readers. DwarfPool is the third largest Ethereum mining pool with about 13% of the networks hash rate. In addition to Ether you can mine a bunch of other currencies like Monero and Dash. ethfans is another Chinese pool with about 8.6% of the network hash rate. If you just want ether, mining is NOT the best way to obtain coins. Buying ether is the EASIEST and FASTEST way to get ether. Get $10 worth of free ether when you buy $100 or more at Coinbase . This section will answer common questions about Ethereum pools. All of the pools are pretty good and ideally you will just want to choose one that is reliable, has low fees, and has a server near you. No, Ethereum mining pools and Bitcoin mining pools a Continue reading >>

Best Mining Pools - Coindoo - Bitcoin & Altcoin News And Reviews

Best Mining Pools - Coindoo - Bitcoin & Altcoin News And Reviews

Below, I will list the best three mining pools I recommend to miners. Launched in 2010, Slush Pool was the first Bitcoin mining pool and for sure the first one that changed the way miners can get more and more cryptocurrencies. The project is based in Czech Republic. The Slush Pool is described as a medium-sized pool. A disadvantage of the mining pool is the fixed fee for each transaction. The platform retains a 2% fee from every trading action, which further is shared with miners. In terms of withdrawing the digital currencies, a miner can customize the limit of the amount she or he wants to cash out. The interface seems to be very friendly. All details are divided and being structured. Even if the Slush Pool is not being the largest pool of Bitcoin mining services, it is considered to be one of the best. Are you a Zcash passionate? Great, because the Slush Pool also offers the opportunity to mine Zcash cryptocurrency. For Zcash you will not be charged per every transaction. From the beginning of Slush Pools existence, there are registered over 1.000.000 Bitcoins mined from all over the world. The platform assures users that servers are highly secured as well as your wallets addresses due to the two-factor authentication. They also provide professional support 24 hours per day. You can download the Slush Mining Pool from the official website of Slush Pool. Antpool is a large-sized mining pool, based in China. It was launched in March 2014 and is being supported by the largest Bitcoin mining hardware manufacturer in the world, called Bitmain Technologies LTD . The mining pool operates approximatively around 20% of the hash rate network. Due to this, Antpool became the biggest mining pool at a global level. The advantage of Antpool is that you can choose how to withdraw Continue reading >>

Top 5 Ethereum Mining Pools

Top 5 Ethereum Mining Pools

08-10 December Technical Ethereum Prediction - ETHUSD Forecast Ethereum is getting stronger among the top 10 Cryptocurrencies . Thus we want to find more about the top 5 Ethereum mining pools. Have you started you Ethereum journey yet? AtoZForex Previously, we have discussed the Russian President meeting the Ethereum founder which shows that possibilities for the cryptocurrencies and the blockchain are endless. In this post, we will look into how to invest in Ethereum by joining one of the top 5 Ethereum mining pools. An Ethereum mining pool is a gathering of Ethereum miners that work together to mine Ethers. However, they are not limited to Ethereum only as miners also dig for other cryptocoins. In this way, Ethereum miners ensure that the volatility of their returns is reduced. You can think of mining pool as of the diversification in portfolio investment. Just like the saying goes: Do not put all your eggs in the same basket Joining the Ethereum mining pool is the next step after you have obtained the proper Ethereum mining hardware. The adequate and reliable mining pool will aid you in getting more frequent payouts. This is in comparison to getting paid only when you solve an Ether block. However, bear in mind that mining is a very time and power-consuming procedure. Ive already started writing my next post on Ethereum mining guide. If you are not willing to dedicate time for Ethereum mining, you can just buy Ethereum. Besides Ethereum mining pool and Ethereum mining hardware, you will need high-quality Ethereum mining software and a reliable Ethereum wallet. I will provide more information on these in my following posts. There is actually no best Ethereum pool existent. All of the reliable Ethereum mining pools serve a great way to get your Ethers or just to get p Continue reading >>

Beginner's Guide To Ethereum Mining In 2017 - How To Mine Ethereum On Your Pc?

Beginner's Guide To Ethereum Mining In 2017 - How To Mine Ethereum On Your Pc?

Last updated on August 15th, 2017 at 11:06 pm Getting Started with Ethereum Mining the video guide The good news is that getting started with Ethereum Mining is now easier than ever. You do not need to download the full Ethereum blockchain, which is now over 20+ GBs and still growing! You also do not need to manage clunky command line miners with manual instructions. For purposes of this guide, we are going to do a detailed walk-through of setting up and using the very popular Claymore Miner. Get the current version here from Claymores original Bitcointalk thread and then follow along with the steps in this video. The whole process of getting a wallet setup, downloading your miner, configuring things in Windows and setting up your batch file to run should take less than 10 minutes: If youre new to mining Ethereum , this guide covers all the important facts in a simple, low-jargon way. Lets start with some short answers to common questions about Ethereum mining: Q: Whyshould Imine Ethereum tokens (aka ether or ETH)? doesnt mining Ether take up a lot of electricity? A: If done properly, more money is earned by selling mined ETH than is spent on electricity. In other words, its profitable! You can check out the profitability with our Ethereum mining calculator . Q: Can I mine with my CPU (Personal computersprocessor) instead ofan expensive graphics card (GPU)? A: GPUs are so much faster that CPU-mining is no longer profitable or worthwhile. Even entry-level GPUs are about 200 times faster than CPUs for mining purposes. Q: Whats the best GPU to use for getting the most ETH for the least electricity? A: AMD cards tend to edge out similarly-priced NVidia cards in terms of efficiency. We cover the best cards to get under the heading GPU Hardware further down in this post. Q: Continue reading >>

Ethereum Mining Guide: 2018 Edition

Ethereum Mining Guide: 2018 Edition

The following article was originally published on Reliablecoins website . Mining Ethereum is sorting through data blocks from peer distributed cryptocurrency networks to find information that can be used to solve challenging math problems. Successful Ethereum miners can earn crypotocurrency in in exchange for their work. Ethereum mining requires a lot of intensive computation work, time and lots of processing power. Ethereum is a platform with several applications that are helpful for users trying to do a variety of everyday tasks very simply. Results generated through digital mining is referred to as proof of work system. The process of getting cryptocurrency tokens of Ethereum from blockchain networks requires having computers programmed to run a hashing algorithm non-stop. The hashing algorithm condenses a large amount of information into fixed length string of numbers and letters. Ethash, the hashing algorithm employed by Ethereum, hashes metadata drawn from the most recently available using a nonce. This binary number is able to create a unique hash value. With every new block contained in the blockchain, a new target hash value is set by the network. All miners on that network attempt to guess which nonce will result in the desired value. The miner that discovers the right nonce is awarded the block and receives 5 ether. The process begins again following a cycle which occurs about every 12 seconds. Ethereum Mining Rigs:Dedicated machines can mine ethereum much faster than average computers, but youll need a little bit of help building an efficient mining workhorse like this one. For people interested in doing this type of mining, it is important to get an Ethereum mining how to guide that will walk through every possible step, explain the process in detail and m Continue reading >>

Best Bitcoin Mining Pools 2018 The Ultimate List Of Mining Pools

Best Bitcoin Mining Pools 2018 The Ultimate List Of Mining Pools

Bitcoin miners are a group of miners who are indulged in solving a block for earning bounty/reward. The reward is equally split among themselves according to their contributed mining hash power. Bitcoin pool is a way to mine their resources and to share their hashing power. A valid proof of work should be presented in order to gain reward. Initially, generating a single block was taking years for slower miners and then Bitcoin mining pool came into existence, where the miners would receive a portion of block reward and the blocks would be generated quickly. There are various Bitcoin mining pools and choosing the most popular one is quite enticing. It is preferred to choose a small Bitcoin pool to avoid potentially harmful concentration of hashing power. China rules the world in terms of possessing the largest number of Bitcoin pools. Bitcoin pools are ranked based on the hash power controlled by a pool. Here is a list of the Biggest mining pools with their hash power based on information from Blockchains pool share chart. Starting from the largest pool and ending with the smallest. AntPool (25.2%), BTC.TOP (11.2%), BTC.com (10.2%), Bixin (8.1%), BTCC Pool (7.3%), F2Pool (5.4%), ViaBTC (5%), BW.COM (5%), BitClub Network (4.8%), Bitcoin.com (3%), SlushPool (2.6%), Unknown (2.3%), GBMiners (2%), BitFury (1.9%), CANOE (1.2%), 1Hash (1.1%), Telco 214 (1.1%), Eligius (1%) BATPOOL (0.9%), Waterhole (0.6%), ConnectBTC (0.6%), Bitcoin India (0.2%), Solo CKPool (0.2%), BitcoinRussia (0.2%). There are a variety of mining pools for various cryptocurrencies. As the size of the pool increases, the payout decreases, as it is to be shared among many miners. There are different reward types that you should be aware of before mining. Pay-per-Share (PPS) The amount is fixed for each user Continue reading >>

Top10 Best Ethereum Mining Pools To Join 2018 (comparison)

Top10 Best Ethereum Mining Pools To Join 2018 (comparison)

In this post, we will talk about 10 Best Ethereum Mining Pools to Join 2018 (Comparison). Ethereum has already solidified its position as the next best cryptocurrency available. It has something the Bitcoin doesnt have- a multipurpose blockchain . Ethereum as a digital currency is generated by mining , and this mining comes with a reward. To get this reward, one can see either mine Ethereum solo or through a mining pool. The reward for mining this digital currency is 5 Ether , and it can be mined every 10- 20 minutes. Ethereum mining pools are simply groups of miners who pull their resources together, in order to mine Ethereum. The reward obtained after the Ethereum is mined, is shared among the miners according to the hash power contributed by each individual miner. Cryptocurrency mining is generally similar even though they require different equipment, so most Ethereum miners also mine other altcoins. Ethereum mining pools help miners to reduce their payout volatility, meaning it allows them to get paid in small but frequent amounts, rather than larger payments obtained only from solving an Ether block . Ethereum mining is a rewarding but time and power consuming activity. If you have neither, then just purchase Ether, but if you do, after getting a secure Ethereum wallet to receive your payouts, mining hardware, and software to direct you to your selected pool, then you only have to consider these two things: The fees charged: always choose the pools which charge lower fees but have decent returns. Closeness to the pools server: make sure you are close to the pool server, to obtain better connection and mine faster. Choose your preferred mining hardware :To mine Ethereum, it is advisable to have a dedicated mining computer for your mining activities. Although, there Continue reading >>

The 3 Best Ethereum Mining Pool Options

The 3 Best Ethereum Mining Pool Options

So, youve heard that mining Ethereum can be a profitable business and may have bought a mining rig. Your next step should be to join an Ethereum mining pool. Mining pools are simply groups of miners that work together to mine Ethereum . Joining a pool helps to lower the volatility of your payouts by providing smaller, more frequent payments rather than a lump sum that you only receive when a block is solved. When choosing a mining pool, its important to join one with low fees that brings reliable returns. You should also consider the server location of the pool when deciding which is best for you. The closer your mining rig is to the server, the more efficiently it can mine. In this article, I highlight three of the best Ethereum mining pools so you can confidently decide which one to join: For a complete list of the available mining pools, check out EtherChain . Ethpool and Ethermine are operated from two different websites but contribute to the same pool. With ~25.0% of the network hash rate power, this pool is the largest one on the Ethereum network. Ethermine currently has over 62,000 miners using the pool software while Ethpool has a little under 900. Both Ethpool and Ethermine charge a 1% fee on each reward that you receive one of the lowest fees of the pools I researched. Ethermine allows you to set the minimum payment threshold needed to receive your rewards. If you want to receive your payments infrequently, you can set the threshold to the maximum of 10 ETH. Set your threshold to the 0.05 ETH minimum to receive payments more often. Nanopool is the third largest mining pool with ~13.2% of the network hash rate and over 38,000 miners. The pool fee is also less than most competitors at 1%. The default minimum payout threshold using Nanopool is 0.2 ETH, but youre Continue reading >>

Ethereum Mining Still Wort It In 2018? : Bitcoinmining

Ethereum Mining Still Wort It In 2018? : Bitcoinmining

WARNING: THINKING OF CLOUD MINING? DON'T! Click the "report" link. It's just below the submission or comment body. AutoModerator will clean it up in no time! READ THESE SCARY STORIES FIRST! (us mods tell them to our kids around the campfire) How to get a refund via PayPal for your Pre-Ordered mining equipment? No "FOR SALE" posts. Feel free to hawk your wares in our sister subreddit /r/BitMarket - this means no goup buys as well. As common as it is in Bitcoin Mining, it is far to risky to be carried out over reddit. No verbal abuse. If you don't have anything nice to say, it's best not to say anything at all. Remember, we were all newbies once. Mining isn't exactly a trivial venture. No Referral Links. No Amazon/eBay referral links. No mining pool referral links. No mining contract referral links. No referral links, period. No Promoting New Alt Coins. If there is a new alt coin out, this is not the place to discuss or promote it. If you have questions about mining that alt coin, feel free to ask away! No short-URLs. Nobody should have to trust you before clicking on a link. URL-shortener services serve no use on Reddit as there is nothing restricting the size of your comment string. No begging. Do not ask for other people to mine for your address. Do not beg for donations simply for lending a helping hand. Anybody caught violating the rules will be banned on sight. If you notice somebody abusing the subreddit rules, please message the moderators with the permalink in question. All members of the BitcoinMining subreddit are expected to read and follow the Official Reddit Rules as well as the informal Reddiquette guidelines . Likewise, all moderators of this subreddit do follow the Modiquette . Continue reading >>

Top Ethereum Mining Pools In 2017

Top Ethereum Mining Pools In 2017

Joining an Ethereum mining pool and combining your resources with other miners will help you see results faster and realize a quicker return on your investment. This post will take a look at some of the top Ethereum Mining pools in 2017. With so many mining pools at play in the market, solo miners are finding it more difficult to get blocks to process and the Ethereum mining rig that a solo-miner uses, needs to have massive processing power to be able to compete with the pools, which can be very expensive. If you decide to join a pool, then choosing the right pool that meets your mining expectations is important, as well as understanding the different pay-out methods and how they will impact your earnings. The larger pools, that have been mining for longer, are more reliable and you can be more certain of receiving your profits. To calculate your expected earnings and see the best path to choose, you can use the calculator at this link. Check out our other post on Ethereum mining calculators . The top two Ethereum mining pools are Ethpool (and Ethermine (Together they have more than 27% of the network hashrate. The two share an underlying pool, but have different payment methods. Ethermine uses the PPLNS payment method , (Pay Per Last N Shares) which involves some luck in the payment but on average pays 5% more. Ethpool is a predicable solo mining pool and pays on the PPS method, a standard pay per share model. Ethermine has more than 200 000 active workers and processes about 32 blocks an hour, while Ethpool has about 12500 active workers and processes about 5 blocks an hour. See our full post on Ethpool vs Ethermine and the ethpool payout scheme . F2pool Also known as Discus Fish (F2pool has been operational since 2013 and contribute about 24% of the network hashrate Continue reading >>

Top Ethereum Mining Pools In 2018

Top Ethereum Mining Pools In 2018

According to analysts' forecasts, ethereum can outrun its main competitor - bitcoin - in popularity and cost in 2018. Ethereum co-creator Steven Nerayoff explains that integration of the Ethereum platform into business may contribute to this process. Therefore, the question what is the best place for ethereum mining becomes topical. You can use either ethereum mining pools or multicurrency pools. There are a number of criteria that should be considered when choosing a pool. First, pay attention to the fee. Then, check where the server is located (the closer the farm is, the more efficient it works). Thirdly, you need to take into account possible ways of withdrawing and the frequency of payments. Weve chosen three best Ethereum mining pools which were profitable and showed stable performance in 2017. It is the biggest Ethereum mining pool. It operates at a speed of 41.9 Ghash/s. More than 103.000 miners currently use Ethermine. Service fee is 1%. The minimum payout threshold is 0.05 ETH. The remuneration distribution system is PPLNS. accurate reporting and miner statistics in the pool; it has secure servers in America, Europe and Australia; charges additional fee of 0.001 ETH for a withdrawal of less than 1 ETH. Service was launched in early 2017, however it is already called one of the largest and fastest ethereum mining pools. The speed is 27.1 Ghash/s. Nanopool has now more than 72 thousand miners. The main method of charging the award is PPLNS with 2% fee. you can calculate the profit for a certain period of time; has a smaller "ball", unlike other similar services; The administration of the pool has officially stated that there will be no refund in case of any technical problem or balance loss. The service has a respectable history. Operates since 2015. It charges Continue reading >>

6 Gpu Ethereum Mining Rig Build 2017

6 Gpu Ethereum Mining Rig Build 2017

You are here: Home / Mining / 6 GPU Ethereum Mining Rig Build 2017 So, you want to start mining Ethereum right? But you dont know how to build Ethereum mining rig? Today we are going to use the best Ethereum mining hardware to assemble our mining rig. As we are going to build 6 GPU mining rig we will use 6 Graphics Cards. As more and more graphics card going out of stock we have to take care that we buy the correct graphics card. We dont want to end up mining Ethereum at very low hashrates. As many people have started mining cryptocurrencies Ethereum is one of the most popular for mining. But, why are people investing so much in mining Ethereum? The thing is Ethereum is the cryptocurrency which is ASIC resistant; i.e you cannot mine it with any ASIC you will have to mine it with graphics cards. I have also inserted Amazon links as it may help you buy them. If you are really not into mining then you can have a look into Cryptocurrency Investment. This is often asked question right Which are the best graphics cards for mining Ethereum? But here is a question which graphics cards should I use? Well, till today I have used Nvidia GTX 1070 Why??? Because of 2 reasons They also produce good hashrate of 31 MH/s by a single card. Even though you can easily resell these cards in future at a great price. You can clearly see that GTX 1070 stands out in MH/s. I have been using GTX 1070 till date without any problem. One GTX 1070 consumes 150W of power. So, GTX 1070 is best ethereum mining card we are going to use in this mining build. As we are assembling 6 GPU ETH mining rig you will need 6 of them. If you are low on budget you can always start with 4 of them and periodically increase them. GTX 1070 uses 150W of power which is also great. Each Graphics Cards will output 32 Mh/s. Continue reading >>

Best Ethereum Mining Pool

Best Ethereum Mining Pool

Once you have bought/built your Ethereum mining rig, the next step on your list should be to join an Ethereum mining pool. These groups are deemed as mining pools by professionals and are groups of miners who work collectively to mine Ethereum. One of the important reasons to join an Ethereum mining pool is to lower the number of payouts. These mining pools give you a smaller and frequent payment profile as opposed to the receipt of a lump sum. Moreover, such groups help you mine better and earn more. As mentioned, an Ethereum mining pool is a group of collective miners who work together to mine Ethers. However, many Ethereum mining pools are not limited to Ethereum only. Various Ethereum mining pools allow their miners to dig for other crypto coins in order to boost the earnings and the rewards. Thus, Ethereum miners ensure that the volatility of their returns is controlled and reduced. In simpler terms, you can think of these Ethereum mining pools as diversified investment portfolios which yield controlled and sustainable returns towards your contributions. Hence, it is advised to be associated with various Ethereum mining pools as per as the saying goes, Do not put all your eggs in the same basket. Also, it must be duly noted that mining is a time and power-consuming procedure. From assembling various hardware components to improving the power efficiency of various GPUs, mining can be quite tedious. If you are one of those who doesnt believe in wasting time, then we suggest that you do not dedicate time for Ethereum mining rather just buy Ethereum sold by other miners and resale the same with increasing profits. But if you have a knack for mining and are persistent of building Ethereum mining rigs you must be well versed with the variety of hardware components used Continue reading >>

Best Ethereum Mining Hardware (2018 Updated)

Best Ethereum Mining Hardware (2018 Updated)

Last updated on February 26th, 2018 at 04:04 pm Ethereum (ETH) is a popular choice for graphics card (GPU) miners. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000. Ethereums Ethash algorithm is one of many algorithms designed for optimal mining on GPUs. Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrency (including Ethereum Classic , Monero , Zcash , and Vertcoin). This situation gives GPU miners enviable flexibility, in order to be able to switch between over 40 coins that are based on their current profitability. If youre new to mining Ethereum , there are 4 important things you should know: Ethereum intends to switch to a Proof of Stake scheme called Casper. Although this switch has been delayed, its reasonable to expect that it will occur in late 2018. Ethereum mining will no longer be possible after that, unless a hybrid Proof of Work/Proof of Stake model is implemented. If so, rewards to miners will be significantly reduced, with perhaps half of all new coin rewards going to holders instead. Ethereum mining currently requires a GPU with at least 3 gigabytes of Video RAM (VRAM). This VRAM requirement is expected to grow to 4 gigs in 2018. The Ethereum Directed Acyclic Graph (DAG) file is stored in VRAM by miners. The DAG grows in size by remaining proportionate to the mining difficulty. About once every epoch (or 30,000 Ethereum blocks), a new DAG is generated, which must be downloaded in order to continue mining. You can view the current epoch and other Ethereum network stats here . (At the time of this writing, the epoch was 162.) Note that the performance of older cards will degrade with each new epoch. Up to a point, more VRAM will also improve performance. The present difference between a 4- and 8-gi Continue reading >>

Best Mining Pools This Year!

Best Mining Pools This Year!

Mining the more popular cryptocurrencies like Litecoin and Bitcoin is no longer an activity you can expect to profit from as a solo enterprise. The solution is to join a mining pool, a series of connected servers working in unison across an internet connection that pool their considerable resources to generate data blocks. Whatever reward they make between them is then split among all the pools participants. Here are some of the best mining pools to consider joining in 2018. Slush Pool is the longest established mining pool currently in existence, as well as one of the largest, accounting for 11.4% of all mining activity. Boasting a simple sign-up process and a comprehensive website offering a lot of advice to less experienced miners, Slush Pool is a popular place to start off for newcomers. Minimum pay-out thresholds can be set as low as 0.001 BTC, though setting it so low attracts additional fees from the service. The largest mining pool currently in operation, AntPool represents double the output of its more established competitor, SlushPool, accounting for almost a quarter of the worlds Bitcoin mining. It is owned and operated by a Chinese firm, known as Bitmain, which also produces a bestselling range of ASIC devices for miners (AntMiner). Antpools greatest benefits lie in the high quality of its servers (AntPool utilises P2P protocols to ensure more reliable and faster connections), coupled with low payout thresholds and daily payments. Before developing as a mining pool, the company behind BTC.com was already well-known and well-respected within the cryptocurrency community for creating a bespoke blockchain explorer and a powerful wallet for Bitcoin users. Currently accounting for 20% of mining activity worldwide, BTC.com is a direct rival for AntPools position Continue reading >>

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