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Ethereum Classic Mining Hardware

How To Build An Ethereum Mining Rig 2018 | 2miners Blog

How To Build An Ethereum Mining Rig 2018 | 2miners Blog

Lets see how to choose the right hardware and build a universal mining rig for the Dagger Hashimoto (Ethash) algorithm for such coins as Ethereum , Ethereum Classic , Metaverse , Expanse , Musicoin , Pirl , Whale , and an Equihash algorithm for Zcash , ZClassic , Zencash , Bitcoin Gold . We are going to build a rig using eight graphics cards, either NVIDIA or AMD. Eight is the perfect number in this case, as Windows works well with 8 GPUs, and motherboard with slots for 8 GPUs dont cost that much. You can always buy a motherboard with slots for up to thirteen cards, but its price is higher than the eight slot version, and youd have to install Linux to use it. Thats why we recommend 8 GPUs. Have a look at the quality-price ratio when choosing your video cards. Feel free to contact 2Miners support for an advice. By default you could purchase NVIDIA GTX 1060/1070 this is a good option for beginners: there are many brands to choose from, and these cards are universal, so they work both on Ethash and Equihash algorithms. Do not combine AMD and NVIDIA GPUs on the same rig if you choose AMD, then buy 8 AMD GPUs, if you select NVIDIA, then buy 8 NVIDIA GPUs. In the following, we have advice from 2miners.com on buying hardware and building a rig. Rigs frame for 8 GPUs: $30. It would be great if you could find somebody to build it for you. Otherwise, you need to go to the nearest hardware store and do it yourself. Motherboard: ASUS PRIME Z270P starting from $130. Go to your nearest computer store or order one at Amazon/eBay. Caution, we dont recommend buying a used one. Z270P has slots for up to six GPUs and two M2 slots, which can be used to add two more GPUs through M2 to PCI-e adapter a total of 8 GPUs. CPU: $50. You could easily choose the cheapest processor with an LGA1151 Continue reading >>

How Ethereum Classic Was Saved (fornow)

How Ethereum Classic Was Saved (fornow)

All proof-of-work (PoW) cryptocurrencies (of which Bitcoin is one) are vulnerable to the 51% attack . What this means is that an attacker (or miner cartel) with control of 51% of a coins combined total mining hashrate has the ability to double spend the attackers own transactions even transactions that have confirmed. The theory to explain why this doesnt happen to a coin like Bitcoin is that it is more economically rational for the 51% attacker to simply use that hashrate capacity and just mine the coin. But there could be other motivations to attack where economics isnt the primary motivator such as if a nation state were to do a 51% attack intending to disrupt a coin, or when a competing coin attempts to thwart an unwanted competitor even. Acquiring control of 51% of a coins hashrate for such an attack isnt particularly easy though. The hashrate on the Bitcoin ($BTC) network, for example, is currently (May 27th, 2017) 425,000,000 tH/s the equivalent of about 340,000 Antminer S9s . But to succeed with a 51% attack, for the purpose of double spending, you need stealth and that means mining a private chain with more hashrate than currently exists from all other miners for that coin combined. Naming this attack the 51% Attack is generally technically correct, but the attack really involves the acquiring ~101% of the existing hashrate (giving the attacker ~51% of the combined total hashrate). So in the instance of Bitcoin, the attacker needs to add another 425,000,000 tH/s. At $1,250 per Antminer S9 device, plus controllers, a minimum investment of about a cool half billion dollars would be required to be ensured success in performing a 51% attack on Bitcoin today. But the supply chain simply doesnt have another 340,000 Antminer S9's (even when substituting hashrate capa Continue reading >>

Mining Ethereum Classic 0.1 Documentation

Mining Ethereum Classic 0.1 Documentation

Mining success depends on the set block difficulty. Block difficulty dynamically adjusts each block in order to regulate the network hashing power to produce a 12 second blocktime. Your chances of finding a block therefore follows from your hashrate relative to difficulty. Ethash uses a DAG (directed acyclic graph) for the proof of work algorithm, this is generated for each epoch, i.e., every 30000 blocks (125 hours, ca. 5.2 days). The DAG takes a long time to generate. If clients only generate it on demand, you may see a long wait at each epoch transition before the first block of the new epoch is found. However, the DAG only depends on the block number, so it can and should be calculated in advance to avoid long wait times at each epoch transition. Both geth and ethminer implement automatic DAG generation and maintains two DAGs at a time for smooth epoch transitions. Automatic DAG generation is turned on and off when mining is controlled from the console. It is also turned on by default if geth is launched with the --mine option. Note that clients share a DAG resource, so if you are running multiple instances of any client, make sure automatic dag generation is switched off in all but one instance. To generate the DAG for an arbitrary epoch: For instance geth makedag 360000 ~/.ethash. Note that ethash uses~/.ethash (Mac/Linux) or ~/AppData/Ethash (Windows) for the DAGso that it can shared between different client implementations as well as multiple running instances. Our algorithm, Ethash (previously known as Dagger-Hashimoto), is based around the provision of a large, transient, randomly generated dataset which forms a DAG (the Dagger-part), and attempting to solve a particular constraint on it, partly determined through a blocks header-hash. It is designed to hash Continue reading >>

Ethereum Classic [etc]

Ethereum Classic [etc]

EthDcrMiner64.exe -epool msk.etc-poolcrypto.org:8008 -ewal 0x98b3a919fd206fa0bb710578575bb32a90574d3f -epsw x Thats IT! Save the opened start.bat file and RUN it ! you should be start mining ! After a few share found messages within miner, you should check your mining progress, go to wherever you are mining) and check your account and/or wallet status for LIVE mining details. Example: go to and input your wallet adress an click Lookup, after a few seconds you should see your immature balance as well as payouts ! I assume you already know how to make a batchfile (start.bat) and how to properly edit it so we are going to add a few tweaks to it and add dual mining ! Be sure to check the Readme!!!.txt included in the claymore miner zip package ! So in the basic guide we used this command line to start the miner up and running on ethereum-classic only mode ! EthDcrMiner64.exe -epool msk.etc-poolcrypto.org:8008-ewal 0x98b3a919fd206fa0bb710578575bb32a90574d3f -epsw x Now we are going to add a few extra commands to it to tweak it and even add dual mining support to it ! Fist, we need to get familiar with the most common used switches: -ethi -> this switch will set the desired mining intensity on each card from 0 8 (8 is highest) it can set to separate cards just by a coma ex: -ethi 3,7 will result the 1st gpu with intensity 3 and the 2nd with intensity 7. (the reason you would want to adjust this is to control temperaturewhen you play with overclocking !) -tt -> this is the TARGET TEMPERATURE and it will automatically adjust fan speeds to meet your desired values. ex: -tt 80,75(because i want the bottom GPU to have the same fan speed as the top GPU IF IT WAS A SIMPLE DESKTOP SYSTEM but because the position of the TOP GPU is warmer /see Physics 101, it will always require more Continue reading >>

Ethereum Classic Mining - Crypto Mining Blog

Ethereum Classic Mining - Crypto Mining Blog

All About BTC, LTC, ETH mining as well as other alternative crypto currencies Ethereum Classic (ETC) is the Opposition to Ethereums Hard Fork Ehereum (ETH) has successfully hard forked a few days ago and moved on a new chain, however this also brought to life Ethereum Classic (ETC) that continue to run on the old blockchain without any modifications that were made by the forking Ehereum (ETH). Initially the support for Ethereum Classic was a bit questionable, but after Poloniex the current largest Ethereum (ETH) exchange added a market for trading ETC as well things started turning. There are already a few exchanges trading ETC with more probably soon to follow, multiple services such as block explorers and quite a few mining pools already available. The current value of 1 ETC is about 1/20th that of 1 ETH, but the daily volume traded on Poloniex shows that the Ethereum Classic has almost half the volume of Ethereum. The most important question that people probably have at the moment is how they can get a hold of their ETC coins based on the ETH they are holding. There are some good and some bad news here, if you were running a local wallet then the ETH coins you had in it prior the hard fork will also give you the ability to have the same amount of ETC coins. What you will have to do is to run a copy of the blockchain prior the hard fork at block 1920000 and run a pre-hardfork client such as geth earlier than version 1.4.10. Of course for the ETH coins you would still need to run the original blockchain with a client supporting the hardfork (make sure you use different directories for storing the two chains). If you had all of your ETH coins in an exchange or an online wallet, then you might be out of luck unless that wallet or exchange provides support for ETC as wel Continue reading >>

Nanopool | Ethereum Classic | Help

Nanopool | Ethereum Classic | Help

The following is a quick start guide of mining Ethereum Classic on Windows 7 or greater x64. To mine Ethereum Classic you need a GPU, 4+GB RAM, Ethereum Classic account and GPU miner. The GPU must have at least 4GB memory. Recomended AMD GPU driver 15.12. Account can be obtained in several ways. The simplest way to register on one of exchanges . Miner can be downloaded from the link below. Copy the downloaded files to the folder where you previously extracted the archive with the miner. Share difficulty is static and equal to 5 billion. Recommended minimum hashrate is 5 Mh/s You can mine directly to your Ethereum Classic wallet on any exchange Do NOT use CONTRACT addresses for mining if it consumes more than 40000 gas. PPLNS payout scheme where N is defined as all submitted shares during the last 20 minutes. Remember: using the pool is at your own risk and we can`t compensate any losses. A lot of useful information can be found on cryptocompare.com More information about NiceHash: Getting Started with NiceHash To create buy order on NiceHash you must use these settings: Algorithm: DaggerHashimotoStratum hostname or IP: etc-eu1.nanopool.org (or any other pool's server)Port: 19999Username: YOUR_WALLET.YOUR_WORKER/YOUR_EMAIL (example: 0x9eab4b0fc468a7f5d46228bf5a76cb52370d068d.NH/ [emailprotected] )Password: x We recommend to use Genoil or Claymore clients as they have build-in stratum support, better DAG-files handling and higher hashrate with most of GPUs. Make sure start.bat file looks like this: EthDcrMiner64.exe -epool etc-eu1.nanopool.org:19999 -ewal YOUR_ETC_ADDRESS/YOUR_WORKER_NAME/YOUR_EMAIL -mode 1 YOUR_ETH/ETC_ADDRESS - your valid etc address YOUR_WORKER - simple short worker name (like worker01). Optional. YOUR_EMAIL - your email address for notifications. Opt Continue reading >>

Ethereum-classic Mining Calculator And Profit Calculator

Ethereum-classic Mining Calculator And Profit Calculator

Ethereum-Classic Mining Calculator and Profit Calculator Ethereum-Classic Cryptocurrency Mining Summary Days to generate one block mining solo: 12.36 Day(s) (can vary greatly depending on your luck) Days to generate one BTC: 1300.43 Day(s) (can vary greatly depending on the current exchange rates) Days to break even: N/A (can vary greatly depending on the current exchange rates) Estimated Expected Cryptocurrency Earnings The estimated expected cryptocurrency earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected cryptocurrency earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected cryptocurrency earnings can vary greatly depending on your luck and stale/reject/orphan rate. Continue reading >>

$200 A Day Mining Ethereum Or Etc?

$200 A Day Mining Ethereum Or Etc?

How do we start mining ETH or ETC with our own equipment at home today? Will you read this post because it shows how easy it is to get started mining with a small investment in equipment and the willingness to learn how to set everything up and explains what steps are needed to decide if investing in the time and equipment for mining? With the Ethereum price over $300 today and the Ethereum Classic price at $20, the opportunity to mine Ether is now extremely profitable! Even as Ethereum prepares to go to a Proof of Stake model at the end of 2017 or beginning of 2018 which will greatly reduce the possibility of making a profit mining, any mining rig built to mine Ethereum could easily be switched to start mining ETC or another coin after the switch with a huge potential to profit before! In this post or the matching video on YouTube below, see an introduction to what research and purchases are necessary to begin. While I thought mining any cryptocurrency was too technical for me, I now see getting started on a small scale is relatively straightforward with scaling up possible with confirmation the initial system is working. The GREAT NEWS is that making a very basic and functional mining computer system can be done for less than $1,000! Once we verify it works, the motivation will come to scale up the system into one that easily can produce $200+ a day in profit with current Ethereum and ETC prices as explained in the YouTube video from today below along with in more detail in text below that. In summary, using a new or used Windows or Linux machine to begin just for mining seems ideal because this will be the only need and function of the computer. For a few hundred dollars, buying a new machine to just do mining is the most basic starting point. Next, buying a small a 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 >>

An Idiots Guide To Building An Ethereum Mining Rig

An Idiots Guide To Building An Ethereum Mining Rig

An Idiots Guide to Building an Ethereum Mining Rig In March, the price of an Ether cryptocurrency token rose to an all-time high of around $25. This was good news for investors in Ethereumthe blockchain-based distributed computing platform that uses Ether as its currencywho had watched the cryptocurrency's price stagnate at under $10 since its launch in July 2015. But it also had another profound effect on shaping the network: For the first time ever, it was truly profitable to mine Ether. I had been entertaining the idea of building an Ethereum mining rig for months and the price surge in May made it seem like as good a time as any to begin the process. So I sold some of my Ether, bought some computer hardware, and set to work learning about building PCs and the art of Linux. But before I dive into the unnecessarily painful process of setting up an Ethereum mining rig as a complete n00b, let's brush up on some Ethereum basics. Mining is the term used to describe the process of extracting cryptocurrency tokens from a blockchain network. In the case of Ethereum, this involves having computers continuously run a hashing algorithm, which takes an arbitrarily large amount of information and condenses it to a string of letters and numbers of a fixed length. The hashing algorithm used by Ethereum called ethashhashes metadata from the most recent block using something called a nonce: a binary number that produces a unique hash value. For each new block in the blockchain, the network sets a target hash value and all the miners on the network try to guess the nonce that will result in that value. Due to the way cryptographic hashing works, trying to guess the nonce that will result in the target value is practically impossible. This means that the only way of finding the correc Continue reading >>

Asic, Gpu, And Cpu Mining

Asic, Gpu, And Cpu Mining

Rather than a rehash (pun intended) of the advantages and disadvantages of Proof of Work versus Proof of stake , were here to break down how CPUs, GPUs, and ASICs all play a key role in the mining process. Understanding the hardware behind Proof of Work is essential for analyzing the sustainability and level of decentralization of different coins. Well go over the advantages and disadvantages of each hardware and how theyre relevant to the most popular cryptocurrencies and hard forks. An ASIC is an application specific integrated circuit. In the context of cryptocurrency, its a microchip specifically designed to execute a hashing algorithm as quickly as possible. Lets give you some perspective on how powerful these ASICS can be. A Bitcoin ASIC can calculate hashes 100,000 times faster than even the best CPU. ASICs are custom built for a single hash algorithm. Therefore, you would need to buy different ASICs for each coin that you wanted to mine. Currently, there are several companies, such as Bitmain and Canaan, that design ASICs. Due to their custom nature and niche application, a powerful ASIC isnt cheap. For high-end hash power, a single ASIC could run you $3000 . That ASIC might earn you 10 dollars profit in the first month. Though due to the constant arms race of acquiring hashing power, your profits would decrease each subsequent month. Heres a look at the increasing Bitcoin hash rate over the last year. Performing trillions of hashes per second come with some downsides. Due to the intensehashing, these ASICs give off some serious heat and require proper cooling. In order to cool the chips effectively, thats going to require fans and a lot of noise. Just take a listen. And with great power comes great electricity. These ASICs will cost you a significant amount of Continue reading >>

The Best Ethereum Mining Hardware Amd And Nvidia Cards Reviewed

The Best Ethereum Mining Hardware Amd And Nvidia Cards Reviewed

Cryptocurrency mining is a big buzz topic in technology these days and many people have started mining cryptocurrencies. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000, which makes it one of the most popular cryptos for mining. Ethereum is distributed among a public blockchain , much like Bitcoin , but it has a completely different blockchain protocol than Bitcoin. Bitcoins blockchain is based on proof of work (PoW), while Ethereums blockchain is soon to become based on proof of stake (PoS). Ethereum also features decentralized apps (Dapps), which are one of key components of Ethereums fast growth in the past few months. Ethereum blockchain is the base on blockchain on which you build smart contract apps and programmes. Also, there are real figure heads that run Ethereum (it is owned by Vitalik Buterin) unlike Bitcoin, which is owned by no one and cant be controlled by anybody apart from those who use it. Ethereum is currently the second largest cryptocurrency in the world and not only is it growing quickly, its also becoming more widely used. Ethereum is projected to grow tremendously in 2018 and mining is a great way to generatepassive income. Ethereums Ethash algorithm is just one of several algorithms intended for optimal mining on GPUs and is used to secure the network and empowers end users to have full control of their money. This algorithm was designed to prevent the development of dedicated ASICs to mine it. SHA-256 and Scrypt are extremely compute-hungry, consequently rendering ASICs more efficient than our graphics cards (even more so than CPUs). On the other hand, Ethash is rather dependent on memory performance (timing, frequency, and bandwidth). Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrenc Continue reading >>

3 Best Ethereum Mining Hardware Gpus And Asics 2017

3 Best Ethereum Mining Hardware Gpus And Asics 2017

While Ethereum mining is profitable, its not even close to the profitability of Dash mining or Litecoin mining . If youre mining Ethereum only because you want to acquire cryptocurrency, it may be a better idea to just buy it. Mining hardware is very expensive, and unless you are mining on a large scale, its hard to turn a profit. However, if youre a mining enthusiast or you want to give it a shot, this article will illustrate the three best Ethereum mining GPUs. For those looking to acquire cryptocurrency, buying Bitcoin is a better investment. Buy $100+ of Bitcoin and get $10 of Bitcoin free. Just click the button below! Before you spend money on an expensive mining GPU, you probably want to know if youll see a good return on your investment (see our guide on Ethereum mining profitability ). Look no further. We are here to tell you that if you use the above mining GPUs, youll see a great return on your investment. As you can see, the above graph shows the return on investment of the Radeon R9 295X2. As stated previously, youll make $276.80 USD per card each year. If you invest in multiple cards, you will make even more passive income. While it is possible to turn a profit mining Ethereum, X11 Dash mining is FAR more profitable. This video will teach you how to begin mining Ethereum: Unfortunately Ethereums mining algorithm does not support the use of ASIC s. However, regular GPUs can be used to mine Ethereum. In 2017, Ethereum mining is quite profitable. The following GPUs can mine Ethereum and Ethereum Classic . Below are the 3 best Ethereum mining GPUs: By far the most powerful Ethereum miner, the Radeon R9 295X2 has a hash rate of 46 MH/s, drawing 500 W from the wall. This means youll see a yearly return of $276.80 USD annually per card. A powerful alternative to Continue reading >>

V. 6.4 Ethereum Classic (etc) Mining

V. 6.4 Ethereum Classic (etc) Mining

Earlier this week, Ethereum was hardforked, which technically resulted in moving to the new blockchain. MinerGate supported this decision and updated its pool servers, in order to continue to provide Ethereum mining. However, despite the fact that the original Ethereum blockchain was officially abandoned, some community members came together to secure the former network and provide its further development. The project, which was called Ethereum Classic (ETC) , is already listed on Coinmarketcap.com , available for trading on Poloniex.com and for exchange at Changelly.com . Today, the MinerGate pool team is happy to announce support for Ethereum classic mining for all popular operating systems through the MinerGate GUI miner , Ethminer , and Genoil . This decision was made out of a deep conviction that Ethereum could thrive without manual actions in the first place, as officially stated by our CEO, Claude Lecomte on Cryptocoinsnews.com last week. Having this in mind, MinerGate couldnt miss the opportunity to encourage the development of the untouched original Ethereum blockchain. Therefore, we encourage our users to welcome this old new cryptocurrency, and consider its mining along with the mainstream Ethereum and CryptoNote coins. As already mentioned above, there are three easy ways to start mining Ethereum classic on MinerGate: MinerGate GUI miner. This is the easiest and the fastest way for ETC mining, both with CPU and GPU. Just download our updated GUI miner , launch it and start mining in two clicks. If you are new to MinerGate, you will also have to register your account, which will probably take ~ 1 minute. You can follow this brief GUI miner guide to get additional information. Ethminer. If you prefer official software, download Ethminer from official sources Continue reading >>

How To Build An Ethereum Classic (etc) Mining Rig - Ethereumclassic

How To Build An Ethereum Classic (etc) Mining Rig - Ethereumclassic

How to build an Ethereum Classic (ETC) mining rig Ive been mining ETC for about a month and a half now and I wanted to share with you my experience with building and configuring a rig that, in my humble opinion is performing rather well. I will try to be as detailed as possible but if someone does not understand something, feel free to send me a message and I will try to help. This article will not be about building a huge mining farm for millions of dollars, instead it is targeted towards people that want to dip their toe in the world of mining, start small, learn the basics and then decide for themselves how much they want to dedicate to it (personally, the experience got me excited and I started dedicating more and more time to the cause). When picking a hardware, the first thing to consider is your budget. In my opinion, start small, regardless of how much money you have. As with all investments, when you lack personal experience, going all in is never a good approach. Regardless of how much articles/guides you read on the Internet, until you start fiddling yourself, you will never get the maximum out of your hardware. Which brings me to another important point - identical GPUs are not as identical as you think. Even if you buy 2 cards from the same manufacturer that came out of the factory one after another, they will most likely be a little different (one will clock slightly better than the other, or spend a little more electricity, or run a little bit too hot, or too loud, things like that). So here is what you are going to need to get started: There are many options on the market. One thing to consider is how many PCI-E slots does it have. I suggest going for one with 6 slots, but of course it is entirely up to you to decide on this. The motherboard we are goin Continue reading >>

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