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Ethereum Algorithm Nicehash

Ethereum Hashrate Performance Drop Might Be Coming Amd And Nvidia Gpus Tested

Ethereum Hashrate Performance Drop Might Be Coming Amd And Nvidia Gpus Tested

Goodnow maybe GPU prices might start to come down again 200+ for a f*cking 4GB 470!! Sure am glad I hung onto my 290Xs , 32.5Mh/s each still. Didnt realize GDDR5X takes such a performance hit on the 1080! Care to email me and discuss some 290x stuff? Those are what im running and for what you can pick them up for right now i believe its one of the best cards out there! Wow impressive and interesting results to say the least . AMD has certainly the pace when it comes to mining but Nvidia seems to have the endurance . 1060 is the new 470 i guess lol . Cant wait to sell mine at 500bucks Glad that 6 weeks ago when I was struggling to find RX570s and 80s and was looking for alternatives I decided to switch to 1060 and 1070s that were still available relatively cheap. More expensive than a retail price RX but at least they wont fall off a cliff in 3 months. People worry about difficulty and forget about the DAG and the fact AMD and Nvidia are sold out world wide, the recent difficulty climb will likely level off soon (many AMD cards running close to 30% slower and 3GB 1060s will likely be obsolete by early 2018). There is a finite number of GPUs out there that can do this stuff cost effectively. Even the new Vega card launches in August really are not supposed to provide much inventory till early 2018 and any new Nvidia GPU models will like be 6-12 months away. So you would say to stay with Nvidia and not go with AMD RX570s ? I have 12 570s incoming in about 2-3 weeks. Well considering RX 400/500 series take a big hit starting from DAG 150 (about 3 months ) But they are a lot cheaper than GTX 1060. But I should keep the 1060s Ive bought and not return them then.. The RX570s are 300 USD each. GTX 1060 is 370 USD each.I get about 36-42 MH/s out of 2x 1060s Rx570s should give 2 Continue reading >>

Mining Pool Configuration

Mining Pool Configuration

A mining pool can be defined in Awesome Miner and be used from multiple miners. To create a new mining pool, use the button New pool... in the toolbar. Pools can also be created from the Options dialog, Pools section, where they also can be modified and removed. For more information on how to define a single pool in Awesome Miner and use it with unique worker names for multiple miners, please see the guide about Pool worker name configuration . The final section of this guides describes how to define Pool Groups . Configuration according to the LitecoinPool web site. stratum+tcp://litecoinpool.org:3333Username: your_username.1Password: 1 The pool configuration is illustrated in Awesome Miner below. Configuration according to the Nicehash web site. For most algorithms (Ethereum and a few more are exceptions), Nicehash expects your Bitcoin wallet address to be specified as the username/worker name in the Pool configuration. Optionally a unique worker name can be specified after the Bitcoin wallet address. Examples with Claymore Etheruem Dual miner The examples below are for the Claymore Etheruem Dual miner. Please also refer to the Bitcointalk thread about Claymore Etheruem Dual miner , as it contains both a complete description of all parameters for the Claymore miner and many more examples similar to those listed below. The pool configuration for Ethereum mining differs between the mining pools, making it a bit more difficult to configure correctly. It's important to follow the exact instructions on the pool web site about when the Worker name and Wallet address fields should be used. Configuration according to the Ethpool web site: EthDcrMiner64.exe -epool eu1.ethpool.org:3333 -ewal . -epsw x Configuration according to the Ethpool web s Continue reading >>

How To Mine Any Coin With Nicehash Legacy

How To Mine Any Coin With Nicehash Legacy

How to Mine Any Coin with NiceHash Legacy NiceHash Miner Legacy (NHML) is a continuation of NiceHash Miner v1. This version is intended for experienced miners or advanced users who are okay with some customization of the software and want the quickest updates and highest hashrates. If you are new to mining, please check out the new NiceHash Miner v2 for a simpler start at earning Bitcoins with your idle GPU & CPU. NiceHash Miner Legacy is an advanced auto-miner that supports the latest algorithms and miners. No need to go through tons of configuration files, various mining software versions, configuration tuning or cryptocurrency coins market analysis. Features like auto-tuning for best performance and efficiency, automatic selection and runtime automatic switching to the most profitable cryptocurrency algorithm are all integrated into NiceHash Miner Legacy allowing you to enjoy your mining experience without concerns. Part 1: Download NiceHash Miner Legacy (NHML) Step 1: Go to the NiceHash Miner Legacy website (or click here ) and click on view on Github button (or click here ) Step 2: Now that we are on the Github website, grab the latest release zip file named NHML (For this guide, we are using the NHML-1.8.1.4.zip ) Step 3: When the download is complete, unzip the folder to a place of your choosing, then run NiceHashMinerLegacy.exe (the NiceHashMinerLegacy.exe is inside the main folder) Step 4: Accept the End-User License Agreement Step 5: And then, Agree to the usage of 3rd party software Now the NiceHashMinerLegacy will automatically download the miner bins. Alternatively, you can download the bin .zip files (bin.zip and bin_3rdparty.zip if you consented to 3rd party miners) from the release page. Simply extract the contained folders bin and bin_3rdparty to the s Continue reading >>

How To Mine Electroneum With Hugebenefits

How To Mine Electroneum With Hugebenefits

How to mine Electroneum with hugebenefits Notes: You should have already an electroneum address to store your coins. Minining crypto-currency is getting harder and harder, especially for Bitcoin/Ethereum as the difficulty to mine a block is incresasing. With Electroneum, a new crypto-currency based on monero blockchain its much easier to mine. This article is designed to teach you how to surf on this wave and make huge profit. So far Ive made 7000 $ in less than 48 hours, to give you an idea. NiceHash is a marketplace selling hash power to their customer. We will use it to get huge power hashrate in order to get the maxium reward from a block. Electromine is a mining pool, its is designed to mine a block faster. To resume a mining pool is an alliance of miner who are mining together. There is different mining pool as the asian/eu/usa but there are facing problems rewarding their miner and has more fees. Thats the reason we are gonna use electromine mining pool. Lets start, first create an account on NiceHash and login. We need to fill our account of bitcoin, thats how we are gonna pay. Click on deposit and transfer your coin to Nicehash. Once its done, we will set up the mining pool we want to mine. Click on for buyers and select my pool. Then you need to allow buying action. To do so, go to setting, on the left buying. Click on enable and enter the code sent to you by email. Go to Live marketplace, select cryptoNight algorithm in the menu. Depending your location, choose the best rate/price that you spot. Then click on standard order, and fill your order with the one you find. Once the order is done, mining is start:) You can check how much you earn on Electromine website. If you have any question regarding this you can join their Telegram , or leave a comment here. Continue reading >>

Nicehash Ethereum - Crypto Mining Blog

Nicehash Ethereum - Crypto Mining Blog

All About BTC, LTC, ETH mining as well as other alternative crypto currencies NiceHash Miner 1.3.0.0 with Support for Ethereum NiceHash has recently added Ethereum support (Dagger-Hashimoto algorithm) to their service for leasing or renting hashrate and now they have released an updated version of the NiceHash Miner to support it along with some more new algorithms. NiceHash Miner 1.3.0.0 ( source ) adds support for Ethereum mining for AMD and NVIDIA GPUs as well as support for Blake256r8, Blake256r14 and Blake256r8vnl algorithms for AMD and NVIDIA GPUs. The application switches automatically between the currently most profitable algorithm and makes mining with the CPU or AMD/Nvidia GPUs an easy task for novice users bringing in the highest return for the miner. The application essentially leases your hashrate to users that are willing to pay for it and you get paid directly in Bitcoin. This means that you no longer need to follow exchange rates and to manually trade different crypto currencies, however this also means that directly mining and exchanging a given crypto currency at the right time might be more profitable than to lease your hashrate. NiceHash Has Added Ethereum and Blake256 Support The service for renting or selling your hashrate for various mining algorithms with direct payment in Bitcoin, NiceHash, has added support for Ethereums Dagger-Hashimoto algorithm as well as for Blake256r8, Blake256r14 and modified Blake256r8vnl (Vanillacoin) algorithms. Do note however that the Blake256 14-rounds used by Decred is not yet supported, so be careful when setting up your miners for the Blake256 algorithms regardless if you need getting or selling your hashrate on the service. The usage for Ethereum mining is pretty much the same like what you would go for with a Continue reading >>

How To Mine Dash | Beginner's Guide To Dash Mining With The Antminer D3

How To Mine Dash | Beginner's Guide To Dash Mining With The Antminer D3

Last updated on February 26th, 2018 at 04:15 pm Dash is an altcoin that focuses on privacy and instant sending (allowing confirmations to be done within a second). Weve covered Dash and how to buy it in the past, today I would like to give you a detailed guide about how to mine it. Unlike Bitcoin, which uses the SHA-256 algorithm for Bitcoin mining , Dash uses a different algorithm called X11. If youre more of a visual person you can watch this video to get started with your Antminer D3 miner (the hardware youll need to mine Dash): Ethereum , Zcash , and Monero mine GPU on coins. But some coins, such as Bitcoin and Dash, are mined with ASIC (Application Specific Integrated Circuits) Miners. These powerful machines are hundreds of times more powerful than GPU rigs. And theyre designed to simply do one thing: mine the algorithm theyre programmed for. Now, some people might ask why you wouldnt just buy the coins directly, as opposed to buying and running an expensive miner. Heres the answer: these machines can be quite profitable over the long term, so theyll continue to bring in mined coins for many months. That said, they typically do have a finite life cycle, which is shorter than GPU rigs. These shorter cycles are due to the impact that ASIC miners have on coins or algorithms after theyre released. They cause the mining network to have difficulty skyrocketing. In other words, everyone gets fewer rewards, in terms of coins. But since GPUs are always around, the changes in difficulty arent as dramatic as the ones that dedicated miners have. This drop in profitability can still be offset if coins gain value, which is exactly what Dash has. So the coins can make you earn more over time. However, this impact should be noted: In a bear market, coin values fall. Therefore, m Continue reading >>

How Do You Mine Ethereum With Nicehash?

How Do You Mine Ethereum With Nicehash?

claymore dual ethereum says i'm getting 24 Mh/s. but nicehash with sgminer says 7.258 Mh/s at 2.26 usd/perday New comments cannot be posted and votes cannot be cast 4 points 11 months ago edited 11 months ago Even though you can choose to mine a pool that pays in ETH, you are actually selling your hashing power to a buyer that is paying you in BTC. He/she's receiving the ether you mined, while paying you in BTC for your services. I'm a bit confused as to the sgminer thing, as I don't even have that as an option. But if you want to only mine ETH (you'll still get paid in BTC) then select your GPU in the Settings-->Devices/Algorithms and deselect all except Daggerhashimoto(ethminer). This is the algorithm that mines ETH. Right now dagger and equihash seem to be the most profitable. I believe equihash mines zcash. Once you run the benchmark, you should be able to see what your hashrate is for each algorithm. Once you do that list your setup (GPU) and hashrate and it will be easier to see if there is a problem and where it's at. Continue reading >>

Nanopool | Ethereum | Help

Nanopool | Ethereum | Help

YOUR_ETH/ETC_ADDRESS - your valid eth address YOUR_WORKER - simple short worker name (like worker01). Optional. YOUR_EMAIL - your email address for notifications. Optional. Don`t forget to set wallet, worker and email address to correct values. You must use failovers. If you want to enable Nanopool's failover servers, add these lines to epools.txt and change your wallet, worker and email address to correct values: POOL: eth-eu1.nanopool.org:9999, WALLET: YOUR_ETH_WALLET.YOUR_WORKER/YOUR_EMAIL, PSW: x, WORKER: , ESM: 0, ALLPOOLS: 0 POOL: eth-eu2.nanopool.org:9999, WALLET: YOUR_ETH_WALLET.YOUR_WORKER/YOUR_EMAIL, PSW: x, WORKER: , ESM: 0, ALLPOOLS: 0 POOL: eth-us-east1.nanopool.org:9999, WALLET: YOUR_ETH_WALLET.YOUR_WORKER/YOUR_EMAIL, PSW: x, WORKER: , ESM: 0, ALLPOOLS: 0 POOL: eth-us-west1.nanopool.org:9999, WALLET: YOUR_ETH_WALLET.YOUR_WORKER/YOUR_EMAIL, PSW: x, WORKER: , ESM: 0, ALLPOOLS: 0 POOL: eth-asia1.nanopool.org:9999, WALLET: YOUR_ETH_WALLET.YOUR_WORKER/YOUR_EMAIL, PSW: x, WORKER: , ESM: 0, ALLPOOLS: 0 Don`t forget to set wallet, worker and email address for Ethereum to correct values. Dual miner supports mining Ethereum/Ethereum Classic and SiaCoin/PascalCoin at the same time. To control second algorithm intensity use -dcri option. Claymore miner takes additional 1% fee(2% for dual mode). More information about Claymore Dual Miner configuration can be found on bitcointalk.org YOUR_ETH/ETC_ADDRESS - your valid eth address YOUR_WORKER - simple short worker name (like worker01). Optional. YOUR_EMAIL - your email address for notifications. Optional. Don`t forget to set wallet, worker and email address to correct values. You must use failovers. If you want to enable Nanopool's failover servers, add these lines to epools.txt and change your wallet, worker and email a Continue reading >>

Excavator By Nicehash - Multi-algorithm Nvidia Gpu Miner [1.5.3a]

Excavator By Nicehash - Multi-algorithm Nvidia Gpu Miner [1.5.3a]

excavator.exe -c default_command_file_etc.json -d 2 -f 6 -p 0 -wp 38080 -wi 127.0.0.1 -wa [10:43:03][0x00002044][info] core | Found CUDA device: GeForce GTX 1070 [10:43:04][0x00002044][info] http | Listening on 127.0.0.1:38080 [10:43:04][0x00002044][info] core | Initialized! [10:43:04][0x00002218][info] net | Connecting to 37.187.56.197:4444 (eu1-etc.ethermine.org) [10:43:04][0x00002218][info] net | Connected! [10:43:04][0x00002218][warning] net | Net error: JSON member "result" not expected type: Array [10:43:04][0x00002130][info] net | Authorized as address.worker [10:43:04][0x00002218][warning] net | Net error: JSON member missing: "error" [10:43:07][0x0000235c][info] wrkr0-0 | Algorithm: CUDA-daggerhashimoto parameters: B=8190,TPB=128,HPW=4,S=1 [10:43:14][0x00002218][info] core | Device #0-0 speed: 0.000000 H/s [10:43:14][0x00002218][info] core | Algorithm 'daggerhashimoto' total speed: 0.000000 H/s [10:43:24][0x00002130][info] core | Device #0-0 speed: 0.000000 H/s [10:43:24][0x00002130][info] core | Algorithm 'daggerhashimoto' total speed: 0.000000 H/s [10:43:34][0x00002130][info] core | Device #0-0 speed: 0.000000 H/s [10:43:34][0x00002130][info] core | Algorithm 'daggerhashimoto' total speed: 0.000000 H/s excavator.exe -c default_command_file_zec_sprnv.json -d 2 -f 6 -p 0 -wp 38080 -wi 127.0.0.1 -wa [10:59:44][0x000021cc][info] core | Found CUDA device: GeForce GTX 1070 [10:59:44][0x000021cc][info] http | Listening on 127.0.0.1:38080 [10:59:44][0x000021cc][info] core | Initialized! [10:59:44][0x00002abc][info] net | Connecting to 37.187.149.70:2142 (zec-eu.suprnova.cc) [10:59:44][0x00002abc][info] net | Connected! [10:59:44][0x000007e4][info] algo-equihash | New job 'b31', diff=64 [10:59:44][0x00002abc][warning] net | Net error: JSON member "error" not expected Continue reading >>

Full List Of Claymores Gpu Miner Parameters And Command Line Options

Full List Of Claymores Gpu Miner Parameters And Command Line Options

If youve been mining with Claymores for a while now, you might have realized that the program is far more powerful than you thought. While its easy to get it set up and running initially as we detailed in our full Claymores guide , it also has an extensive number of parameters that can control everything from the time between HTTP requests to target GPU temperatures all from the command line. Need help picking parts for your 6 GPU mining rig? Click here. Need some hands-on help building your mining rig? Head to the forums and post a question . From the programs Readme.txt, heres the full list of Claymores command line options: -epool Ethereum pool address. Only Stratum protocol is supported for pools. Miner supports all pools that are compatible with Dwarfpool proxy and accept Ethereum wallet address directly. For solo mining, specify http:// before address, note that this mode is not intended for proxy or HTTP pools, also -allpools 1 will be set automatically in this mode. Note: The miner supports all Stratum versions for Ethereum, HTTP mode is necessary for solo mining only. Using any proxies will reduce effective hashrate by at least 1%, so connect miner to Stratum pools directly. Using HTTP pools will reduce effective hashrate by at least 5%. -ewal Your Ethereum wallet address. Also worker name and other options if pool supports it. Pools that require Login.Worker instead of wallet address are not supported directly currently, but you can use -allpools 1 option to mine there. -epsw Password for Ethereum pool, use x as password. -eworker Worker name, it is required for some pools. -esm Ethereum Stratum mode. 0 eth-proxy mode (for example, dwarpool.com), 1 qtminer mode (for example, ethpool.org), 2 miner-proxy mode (for example, coinotron.com), 3 nicehash mode. 0 is Continue reading >>

Nvidia 1060 6gb, The Best Gpu For Crypto Mining?

Nvidia 1060 6gb, The Best Gpu For Crypto Mining?

We analyze the technical characteristics and the acceptance of miners from all over the world. Since AMD has run out of graphics cards, the miners have awakened and are focused on Nvidia to keep working. The battle between AMD and Nvidia has just begun. It started with the fever of the AMD Rx 480 and 470 graphics cards. They are used to mine crypto-coins with ethhash, criptonight, equihash and Lyra2Rev2 algorithms as the most popular among miners. Subsequently, several specific mining programs emerged, such as the version of Claymores v9.3 and EWBF Cuda to mine with Nvidia. This caused them to drastically increase sales of various models such as the Nvidia 1060, 1070, 1080ti. To date, the Nicehash Excavator multi-algorithm program from the most popular mining and pool center, NiceHash, has been added to Nvidia. GPU shortage touches Nvidia and AMD again Meanwhile, AMD renews its drivers for blockchain computing by implying that its use is experimental. A contradiction made since they do not agree very much to use their main models for criptominera. Nvidia says that mining crypto coins will be one of the most lucrative markets available, apart from AI (artificial intelligence) and the video game market. Nvidia competes directly with AMD, offering more affordable prices, lower consumption, and energy efficiency. The manufacturers of graphics cards warn that its use is for the video game market, except the tests made for computing of cryptocurrencies. The tests performed with the equihash algorithm, for Zcash, have been excellent. Of course, Ethereum is not far behind with this marvel of technology. Criptonight and Lyra2Rev2 also give great mining results. Boost: 1873 MHz / Base: 1645 MHz in OC mode Boost: 1847 MHz / Base: 1620 MHz in Gaming mode (Reference Card Boost: 170 Continue reading >>

How To Mine Ethereum: Complete Beginners Guide

How To Mine Ethereum: Complete Beginners Guide

First you need a computer, or graphics card, that is capable of computing an algorithm that it attempts to solve in order to generate some Ether. For Ethereum, the block that your video cards are attempting to find generates on average every 15 seconds. That means every 15 seconds, the Ethereum network pays to whomever found the block, 5 Ethereum (this value may change over time). It should be noted that at some point in the future, Ethereum will be switching over to proof of stake with their Casper Fork which will mean it can no longer be mined. There are currently many options for Ethereum Miners depending on the type of Video Card, the amount of video cards you want on one motherboard, and the power requirements. 6x Video Cards (Minimum 3GB, 4GB recommended) Best Hash/Price Recommendation: Radeon RX 570 4GB Ethernet cable (do not run wifi), power button for motherboard, fans for cooling With this setup, youd find on average around 0.5Eth per month. This will change depending on the Ethereum Mining Difficulty, you can use the website WhatToMine to make calculations of your earnings or find other profitable coins to mine. It is important to consider the difficulty to measure whether to continue mining Ethereum, or whether to switch to another algorithm or coin to mine. Unfortunately, for someone looking at building just a few mining rigs, they may never find a block solo-mining. Therefore it is necessary to join a mining pool. A mining pool combines the hashrate of all the miners, and vastly increases the chances that the group is able to find a block. This therefore allows you to get a steady payout from the pool, even if you yourself never find a block. There are some choices for Ethereum mining pools which vary depending on how their overall hashrate, the fee struc Continue reading >>

How Much Money Can You Make Mining With Your Gaming Pc?

How Much Money Can You Make Mining With Your Gaming Pc?

How Much Money Can You Make Mining With Your Gaming PC? {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. {{article.article.magazine.subscription_text}} Mining and cryptocurrency are dirty words to many of my readers. Extradirty to people looking to build their own gaming PC in a retail landscape that's seen the prices of graphics cards from AMD and Nvidia inflate to atrociouslevels. Seriously, it's now significantly cheaper to buy the majority of boutique or mass-market systems than it is to build them yourself. Perhaps it's not the right time to go DIY. Maybe you have no desire to assemble a crazy mining rig. But for those of you with gaming PCs, you might be surprised how much money you can make mining with it, and how easy it is . Use your existing gaming PC to make some extra Bitcoin, or extra cash. When I stopped mining for crypto coins back in 2013, getting a client up and running was a challenge. Basic knowledge of Linux and terminal commands were requirements. I'm dipping my toes back in these waters now, and I've found it's shockingly easy to get up and running on a Windows PC using software called NiceHash . No command lines, no messy configuration files -- although they're there if you need them. Just an installer, some quick auto-benchmarks, and then your GPU or CPU (or both) are putting their hashrates to work for you. The software even generates a Bitcoin wallet address for you. NiceHash makes it super simple to earn money mining with your existing gaming PC [Ed note: Investing in cryptocoins or tokens is high Continue reading >>

Ethereum Mining - Mining Guides On Nicehash

Ethereum Mining - Mining Guides On Nicehash

Home > Help > Help for sellers > Mining guides > Ethereum mining The algorithm for mining Ethereum is DaggerHashimoto. You can download the DaggerHashimoto (Ethereum) mining software here: Connection settings for ethminer using AMD GPUs ethminer -SP 2 -G -S daggerhashimoto.LOCATION.nicehash.com:3353 -O YOUR-BITCOIN-ADDRESS.WORKER-NAME:x Connection settings for ethminer using NVIDIA GPUs ethminer -SP 2 -U -S daggerhashimoto.LOCATION.nicehash.com:3353 -O YOUR_BTC_ADDRESS_HERE.WORKER-NAME:x Where LOCATION is "eu", "usa", "hk", "jp", "in", or "br" (see also this ), YOUR-BITCOIN-ADDRESS is your Bitcoin address, used for mining, WORKER-NAME is optional to name your rig. Example: Mining with 2x AMD 280X GPUs on EU location ethminer -SP 2 -G -S daggerhashimoto.eu.nicehash.com:3353 -O 1DQ4bZpFTDiSNk2CWLEFWK9K96rBFP2Hv.amdrig Example: Mining with 1x NVIDIA GTX 970 GPU on USA location ethminer -SP 2 -U -S daggerhashimoto.usa.nicehash.com:3353 -O 1DQ4bZpFTDiSNk2CWLEFWK9K96rBFP2Hv.gtx970 Ensure that you have installed AMD drivers for AMD GPUs or NVIDIA drivers and CUDA for NVIDIA GPUs, and then issue the following commands. sudo apt-get -y install software-properties-common sudo add-apt-repository -y ppa:ethereum/ethereum sudo apt-get install git cmake libcryptopp-dev libleveldb-dev libjsoncpp-dev libjson-rpc-cpp-dev libboost-all-dev libgmp-dev libreadline-dev libcurl4-gnutls-dev ocl-icd-libopencl1 opencl-headers mesa-common-dev libmicrohttpd-dev build-essential -y # for Ubuntu 16 also install package "libjsonrpccpp-dev" git clone -b 110 Continue reading >>

Forget Ethereum Im A Bitcoin Miner Now

Forget Ethereum Im A Bitcoin Miner Now

Forget Ethereum Im a Bitcoin miner now Following our stint as Ethereum miners , and the diminishing returns for our work, we have moved our mining power to NiceHash in the pursuit of Bitcoin wealth. We bought our mining rig in June, with its six Aorus Radeon RX 580 4GB cards kicking serious butt when we started. Unfortunately, the honeymoon did not last long and we dropped from making3.3 Ethereum per month to0.7 Ethereum per month. This wasjust over $200 at the time. The table below details our revenue from mining Ethereum between June and September 2017. As we are a resilient bunch, we were not going to dismantle our rig for spares and give up on cryptocurrency just yet. Enter NiceHash ,a crypto-mining marketplace that connects sellers of hashing power with buyers of hashing power. What that means is we essentially get paid to connect our rig to the NiceHash system and mine cryptocurrency for people. Payments to us are made in Bitcoin, but we do not mine Bitcoin as GPU-based mining rigs are not effective on the Bitcoin blockchain. Our mining rig, running the NiceHash software, cycles through algorithms that check which altcoins are profitable to mine and puts our machine to work. Our rig then mines the selected altcoins, and we are paid in Bitcoin for the amount of mining we do. Thanks to the recent rise in the price of Bitcoin and the efficiency of our rig through Nicehash, we are currently making and getting paid out between R750 to R800 per week in Bitcoin. The NiceHash software can be downloaded via its site with the application available for Nvidia and AMD mining rigs. As our rig is full of AMD cards, we were directed to the NiceHash Miner Legacy page on GitHub . Once accessing the releases tab and scrolling down to the latest stable version, users must download Continue reading >>

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