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Solo Mining Ethereum 2018

The Best Gpu For Mining Ethereum (eth) In 2018: Amd & Nvidia Teasted

The Best Gpu For Mining Ethereum (eth) In 2018: Amd & Nvidia Teasted

At least one high-performance video card, but preferable 4-6 GPU per farm. A computer (system unit), of course, or a farm with installed operating system (Windows x64). Make sure that it is a 64-bit version. Decide on the currency that you want to mine. The Ethereum algorithm (dagger hashimoto) can be used to mine several cryptocurrencies, including: Ethereum Classic (ETC), Musicoin (MUSIC) etc. Since mining is on-line, we need Internet connection. Fast speed is not a must, but a good ping is desirable, we will explain this later. Select the Ethereum mining pool (POOL), choose the mining program and configure it. Select a stock exchange or Ethereum wallet where the coins will accumulate and a site where you can exchange coins for rubles and withdraw them into your bank account. A fast internet connect is not a must, but it should have a good ping. The best option is cable connection, but also Wi-Fi can also be used. Actually, Ethereum mining is not so different from mining other cryptocurrencies. Therefore, graphics card requirements are much the same. Lets start with memory. Choose at least 3GB, soon the minimum rise to 4GB due to the constantly increasing DAG file size. In this case your work will be efficient and you will receive a fairly quick payback. As for memory speed, the best is the DDR5 standard. Such GPUs have a good correlating between performance and power consumption. You will need a 256-bit bus because 128-bit buses are less efficient, and the mining speed is too low. Cooling system is very important in mining. Radeon is usually the best option. Among other things, they demonstrate a resistance to wear. But the last 10th generation of Nvidia demonstrates good results, and they are also easier to find in stores. Another parameter that is less significant 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 >>

Ethereum Mining On A Windows Pc

Ethereum Mining On A Windows Pc

Are you a Windows guy? Want to do Ethereum Mining? Great then youve come to the right place. Ethereum mining on a Windows PC take a little bit more work but really anyone can pick it up easily. This guide is a mining guide that goes through the steps on how to set up the software and configure it on a Windows PC. This guide does not show you how to build an ethereum mining rig . Download Geth .Gethis the program that communicates with theEthereum Networkand acts as the relay between your computer, its hardware and the rest of the Ethereum network. Once you have it downloaded, save it somewhere(Desktop is easiest) and unzip the file. Then copy Geth applicationtoyour C: drive. Next, start upCommand Prompt and navigate to the C: drive.If you dont know how to get to the C: drive, simply typecd \and now you be looking atC:\. Now you are ready to launch Geth. Just type geth account newand hit enter. You will be asked toenter a passphrase. You will not be able to see what you are typing. Guard this passphrase with your dear life! It locks your account and keeps your private key safe. If you lose it or gets stolen, you will lose all of your Ethereum that is held within the wallet held by that Private key. Once you have entered your password and confirmed it by entering it a second time you will have created a new wallet! The wallet address is given to you. Write it down or copy it since you will need this a bit later. Now that you have your wallet ready, you will need to getGethto start communicating with the rest of theEthereum network. Typegeth rpcand hit enter. The screen should start downloading theblockchain for Ethereum. You are synchronizing with the rest of the Ethereum network while it is downloading. The process can take up to a few hours so be patient. Sometimes you 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 >>

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 Solo Mining

Ethereum Solo Mining

can any one tell me how to mine ethereum solo with GPU ? AMD GPU You will not be able to mine any Ethereum doing solo mining. Even if you had more than 100 AMD GPUs estimates you would have to wait years just to find a single ethereum block. You will need to join Ethereum mining pools like nanopool.org or ethermine. I highly recommend you do more research. Google has a wealth of knowledge on how to start mining and this topic is extensively discussed. Quote from: jmigdlc99 on December 14, 2017, 09:50:32 AM You will not be able to mine any Ethereum doing solo mining. Even if you had more than 100 AMD GPUs. You will need to join Ethereum mining pools like nanopool.org or ethermine. I highly recommend you do more research. Google has a wealth of knowledge on how to start mining and this topic is extensively discussed. ethpool.org i mine there witb my 5ghs sometimes , i get a block every six days or so sometimes an uncle too You can definetley solo mine ETH with 100 AMD RX 570/580 GPU's. With 3 GH/s it would take about a week on average to find a block. For most people though, a pool like Ethpool.org is a better option. On Ethpool you accumulate credits towards a full block payout and only receive a payout once you accumulate enough credits to be the first in line at the top of the payout list for the next block found by the pool. Once you reach the top, you receive the next full block payout of ~3 ETH plus an Uncle payout if it's an Uncle block. It's like solo mining, but you don't lose credit for the work you did if you don't find a block, like you do with solo mining. You also have the benefit of being able to estimate when you will receive a payout by looking up your wallet address on the miner stats page. 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 >>

The Best Mining Pools Of 2018 For Cryptocurrency

The Best Mining Pools Of 2018 For Cryptocurrency

The best mining pools of 2018 for cryptocurrency The best mining pools of 2018 for cryptocurrency Ensure that your mining hardware hooks up with only the very best If you've taken the plunge with cryptocurrency mining and have a shiny new ASIC miner to hand, you may be tempted to fire it up immediately and start mining Bitcoins or your chosen cryptocurrency on your own. However, for the most popular currencies such as Bitcoin and Litecoin, it can take centuries to generate a valid 'block' on your own and make money. Mining pools exist as a way for multiple devices to work together across the internet, pooling their resources in performing complex calculations to generate blocks of data. The mining 'reward' as it's known is then split proportionally amongst each participant. The method used to allocate rewards and the final amount you'll receive will depend on the mining pool in question. In this guide we've explored five of the best known pools online today, to help you decide which is right for you. Where possible we've found pools with multiple servers around the world, allowing you to connect easily. If these pique your interest and you want more information, head over to the Bitcoin Wiki to see a detailed comparison of all the top pools. Veteran outfit with some useful help for newbies Slush Pool started out in 2010 when it was known as Bitcoin Pooled Mining Server before rebranding itself. It's the oldest currently active mining pool and has an excellent reputation for stability and accuracy. Currently Slush Pool is the fourth largest mining pool representing around 11.4% of hash power overall. The sign-up process is very simple and you can create a demo miner in order to familiarize yourself with the dashboard. The website itself offers both a simple and a more a Continue reading >>

Best Ethereum Mining Pools In 2018

Best Ethereum Mining Pools In 2018

We pay all Ethereum rewards (Blocks, Uncles & Fees) Customizable minimum payment threshold (Standard: 1 Ether, Minimum: 0.05 Ether, Maximum: 10 Ether) Global mining network with DDOS protected servers in the US East, US West, EU (France) and Singapore 24/7 availability via local and global failover servers Fullstratum support (supports all ethereum miners) Detailed global and per-worker statistics Email notification system, invalid shares warnings Continue reading >>

Mining Ethereum Guide 2018 | Is It Possible To Get Rich By Mining?

Mining Ethereum Guide 2018 | Is It Possible To Get Rich By Mining?

In cryptocurrency, mining refers to the use of computer hardware and special software applications to find blocks on a given blockchain or platform. To put it simply, Ethereum mining refers to the computational process of finding ether. Ether is required in the implementation of smart contracts that are useful in verifying, approving and securing transactions of various applications that run on the Ethereum blockchain. To engage in Ethereum mining, you need the following: With the above in place, you can become a miner and get rewarded with ether every time you hit a hash. Let us look at the various ways of mining Ethereum. There are two ways of mining Ethereum: GPU Mining and Cloud Mining. For you to engage in Ethereum mining, you need to have specialized hardware commonly called GPU, short for (graphics processing unit) GPUs are preferred for Ethereum mining because they have more hashing power than the CPUs that were initially designed to do the mining. So, mining Ethereum requires you to have the best GPU and a rig. With this software and hardware in place, you can go ahead and try solo mining. GPU Mining is the most effective and profitable method of mining since it is 200 times faster than any other existing mining method. However, it needs a lot of electricity to run the hardware and software. It also requires high costs of maintenance when it comes to the hardware. Firstly, you need to have the right hardware. Any computer with a graphics card (or multiple graphics cards), of four gigabytes (or more) of video RAM, will work. Then download a miner. It is recommended that we join a pool since it enables us to get more transactions going through our computer. An excellent example of a mining pool is Claymores Miner. Next, create an Ethereum wallet in which Ethereu Continue reading >>

To Mine Or Buy Ethereum/zcash/monero In 2018

To Mine Or Buy Ethereum/zcash/monero In 2018

To Mine or Buy Ethereum/Zcash/Monero in 2018 Share on Facebook Share Share on Twitter Tweet Share Share Since the beginning of the second half of 2017, I call myself a proud crypto investor- currently investing in the 4 major cryptocurrencies - bitcoin, ethreum, litecoin and ripple. Starting July 2017,using dollar cost averaging I keep buying crypto coins once in the month. So far, the total crypto portfolio shows an awesome 132.98% year to date value growth. A couple of days ago I decided to give it a try and set up a 12 GPU ethreuem mining rig , for that I headed to Amazon.com and ordered goodies (motherboard, graphics card, risers, processor and so on) Now, in total, I spent $960 for a bare minimum, just one GPU, which I'm planning to extend during 2018, by adding a new card once in the month. I decided to compare/forecast/predict - should I rather had invested $960 directly purchasing ethereum, zcash or monero, instead of building a mining rig. From money invested in mining rig ($960), I could buy 2.03ETH. By knowing approximate hashingpower (22.5MH/s) and electric costs ($0.08) I calculated how much I could earn with just 1 GPUin one year. The result is not at all impressive - just 1.23 ETH. Apparently, if you are deciding to invest in mining rig - one GPUmight be too short to get back your investment in a foreseen future. As I'm planning to run a full 12 GPUEthreum mining rig, the cost for it would be, if all parts bought at once - $3,880.93. Let's see how much ETH a 12 GPUmining rig could theoretically produce in a year: 14.73 ETH - Now, that already seems as a nice result. If convertedback to the USD using today's ETH pricing (which is wrong, as we have no clue what will be the price for ETH at the end of 2018) we could get $6959.33, or profit at $3,079. Nice. Continue reading >>

Mining Bitcoin With A Gpu In 2018

Mining Bitcoin With A Gpu In 2018

Well its a new year! Happy 2018 to all of our readers! 2018 brings a lot of unknowns and a lot of uncertainty. And right in the middle of all of that uncertainty is Bitcoin in all of its weird and crazy glory. People are mining bitcoins like mad. Hardware is in such demand that the supply of Antminer ASIC mining hardware is at an all time high reaching more than double its asking price in just two months. And to top if off, price scalpers on eBay and Amazon are selling the Antminer S9 for almost $10,000 to people who are being driven by hype (note: At $10,000 the Antminer is not a good deal if profit is your motivation). This has brought back a rush of people asking the question: Is mining bitcoin with a GPU something to consider at these insane ASIC prices? Lets explore this conundrum and find out. The facts might surprise you! Mining is a funny term. Youre not really mining bitcoin in actuality. Bitcoin (and other cryptocurrencies) are based on a technology called Blockchain. Blockchain allows for a public ledger of transactions that are secure and safe from hacking. Miners are simply people or businesses who contribute the processing power of computers to the blockchain network, generally through a mining pool. This compute power could be CPU, GPU, FPGA, or ASIC based. Indeed in the early days of Bitcoin, mining was exclusively CPU based with GPUs following not too far behind. In those early days it was even possible to mine Bitcoins with computers as small as a Raspberry Pi . As the network grew and the difficulty rose, miners quickly moved to mining Bitcoin with a GPU. The progression of Bitcoin Mining went like this: CPU Mining The base standard which everything began GPU Mining A single GPU today is roughly equal to 30 CPUs ASIC Mining A single ASIC miner today Continue reading >>

Ethereum Mining Profitablity Calculator

Ethereum Mining Profitablity Calculator

SwissBorg - Crypto Wealth Management on the Blockchain 10mln$ already raised. Become a Whale on 1 Swiss ICO ! This mining calculator will display your expected earnings in both Ether and Dollars. The calculations are based on the assumption that all conditions (difficulty and prices) remain as they are below. Continue reading >>

Solo Mining Pools - Gambling For The 21st Century - 2miners Blog

Solo Mining Pools - Gambling For The 21st Century - 2miners Blog

Solo Mining Pools Gambling for the 21st Century In many countries, gambling is prohibited forcing those who want to catch their bluebird of happiness to go abroad or to select areas and visit casinos and slot halls.It just happens to be that mining is also a sort of casino, in its own way. And we will tell you why. The GPU miner rigs or ASIC devices of one miner are going through billions of combinations searching for the desired block solution. The moment fortune smiles at him and one of his devices find the right solution of the block; the miner gets the reward. The difficulty of mining the most popular cryptocurrencies is so high that the miner cant deal with it on his own. But if he calls his friends to help, and they will, there's a chance they will find the right solution pretty fast. They will split the reward in this case. Thats how the mining pools are born. In cases with different cryptocurrencies for each block found you get different amounts of coins. For instance, for a block of Zcash (ZEC) miner gets 10 coins (currently $2400), for a block in Ethereum network - 3 ETH coins or $900. There are also lower rates, for example, a block of Pirl will give you 10 coins ($4), Ethereum Classic - 5 coins ($84). Ah, dont forget about His Majesty Bitcoin...12.5 coins or $82530! Lets imagine you are rolling the dice and you need to get 6. In the perfect world, if you roll it many times, number 6 should appear in 16,67% of cases, i.e., every sixth time (since the dice has six faces), right? In real life, you can get lucky, and the number 6 will appear a few times in a row if you experiment. The process of solution searching in mining is equivalent to rolling the dice, even though it sounds strange. You are competing with the whole world, but the point doesnt change. Lets Continue reading >>

Ethereum Cpu Mining: Impressive Solo Or Unprofitable Hobby?

Ethereum Cpu Mining: Impressive Solo Or Unprofitable Hobby?

Ethereum CPU Mining: impressive solo or unprofitable hobby? Ethereum CPU Mining: impressive solo or unprofitable hobby? Ethereum to the surprise of many amateurs and experts took the second place in the list of crypto-currencies and most likely isnt going to slip backwards thats why the issue of ethereum CPU Mining is also actual. Moreover in the nearest future ETH can become a worthy competitor for bitcoin. Interest in ethereum led to the fact that many users became mine it actively. What are the benefits of this type of cryptocurrency? Why does it make sense to invest in its mining? Unlike the bitcoin which creator continues to hide his face and presented only his nickname ethereum has got real fathers. ETH was created with the help of investors by the programmer from Canada Vitaliy Buterin and his Swedish colleague. Only thanks to ethereum cryptocurrency began to develop rapidly and everyone started talking about it. The blockchain technology ceased to be exclusively a term of programmers and became the basis for the of smart contracting and the prospects for business development. Ethereum is predicted a great future not only in the role of a payment instrument but also as a form of custody of assets including investments. On the basis of the blockchain various financial projects and socio-economic platforms have already been built. Another significant advantage of ETH is the relatively simple mining of this kind of cryptocurrency. So far solo-miners are taking an active part in the process. They are still getting ethereum on their home PC. There are several ways of mining ETH. If you do not take into account faucets then a home or office computer can become a fully usable tool. Farm filled with its asic-devices and even a powerful graphics card in this case will no Continue reading >>

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