“Äther Mining Build”

“Äther Mining Build”

That’s based on a Tuesday note from Morgan Stanley analysts led by Joseph Moore, who say that Ethereum prices have remained high overall—up about 8,900% over the past year—making Ethereum mining more profitable. In turn, that profitability has driven consumers to snap up graphics processing units (GPUs) used to mine, or acquire new cryptocurrencies, from major suppliers such as AMD and Nvidia.
It is possible to mine Ethereum, using online services such as AWS, or DigitalOcean. However, no-one has managed to make this real-time profitable, and you should only take this root if you don’t wish to build your own rig and want to speculate on the pricing.
I’ve tried creating a batch script with every iteration of the final line, it does nothing. The CMD prompt appears and then closes within a second. I’ve been at this for HOURS. Any help would be awesome….
While some people have speculated that Bitmain is working on a new ASIC mining device for Ethereum, there’s no real evidence to back up these claims. Supposedly, this project is code-named Antminer F3 and will consist of three mainboards. With 6 ASIC processors per board, the rumored unit has 72 GB of DRAM memory and is capable of achieving speeds of up to MH/s. It sounds like a dream come true for a lot of Ethereum miners, even though it’s highly unlikely such a system will ever be created.
There are various types of GPUs in the market right now, but all are not the same. There are some that possess higher hash rates as compared to others. On the other hand, some consume more electricity than others. The most important thing to do when selecting the most effective GPU is to create a balance between how much you are willing to spend on the electricity and the GPU itself, against how powerful you want your rig to be. The costs of GPUs mainly vary by each country. This is due to the fact that most GPUs are merchandised on popular online retail stores like eBay and Amazon.com. Getting a GPU in a country where these retailers ship to will be very easy. For most miners, the determining factor is electricity.
Wenn du die Hardware sowieso da hast, dann könnte es sich selbst beim aktuellen Strompreis lohnen. Wenn du jetzt kaufen willst, käme sowieso nur die GTX 1070 in frage. Davon 3 Stück und wenn alles so bleibt wie es ist, wovon ich nicht ausgehe, hat sich das ca. in einem Jahr aromatisiert. Wäre mir ein viel zu hohes Risiko.
In the end, it all comes down to your personal preferences. If you have the appetite for the risk and the mining process intrigues you, give it a try. Just make sure you do your research and proceed with caution.
I got a GPU doing around 5MH/S and I decided to mine solo for now. I read about not being connected to the internet while mining solo shouldn’t make problems. Can you confirm that? In which periods do I have to start geth –rpc to keep the chain up synchronized, especially for solo mining?
It is possible that the Ethereum Platform will not be used by a large number of external businesses, individuals, and other organizations and that there will be limited public interest in the creation and development of distributed applications. Such a lack of interest could impact the development of the Ethereum Platform and potential uses of ETH. It cannot predict the success of its own development efforts or the efforts of other third parties.
The table below includes all of the settings we used. Of course, each card is different, so these parameters are specific to our samples. Still, they roughly illustrate what each architecture is capable of.
You can create a decred wallet at Bittrex. It’s a very good trading site featuring a lot of altcoins including decred. You can cash out your decred at your account page in supernova, under “My Account” -> “Edit Account” -> “Payment Address” and you need to type your bittrex address there. And now you just need to set “Automatic Payout Threshold” to your desired value, I use 0.5 as my payout cap. I convert my mined decred to ethereum at  a bittrex exchange site, and store my value like that. It’s safe if you use a 2FA (authenticator).
After installing this new application, you’ll need to create an account for yourself. You’ll want to make sure that you create as secure a password as you can, but you’re also going to want to make sure that you physically record that password somewhere (writing it down somewhere secure) as you won’t be able to retrieve that password after it has been created.
This guide shows you the basics of solo mining, it should give you a good idea of how everything is connected, if you would like to use a mining pool instead you can try our How to connect to an Ethereum mining pool guide.
I am new to mining and want to build a rig. I think I have enough money invest in a very nice setup. Can you please tell me if the Gigabyte GeForce GTX 1070 Windforce OC is the best GPU available on the market right now?
With the right GPU (an advanced GPU from AMD or Nvidia) you’ll be able to mine for Ethereum 200 times faster than you would have been able to with a CPU, and many that mine for Ethereum professionally say that the AMD GPU cards are much more efficient than the Nvidia brethren.
The tool GPU-Z shows the workload of graphics cards in the system. While you are mining, this should constantly show 100%. This means the system will get hotter than during normal use. Good cooling is therefore a must. (Source: heise online)
Great guide, I wish I had this a few months ago before I started mknkn. I’ve gone through all this the hard way which is good but this guide is very clear and straightforward. Having said that I wonder if you would have any idea how to fix the issue I have come across. After mining for two weeks on windows 10 with claymore on nanopool @ 6 x 1070 GeForce. My miner went offline. It says “ cannot write a buffer for DAG” CUDA error 77. It also says “an illegal instruction was encountered” and “calc DAG failed” I have increased the virtual memory but that did not work. My hard drive says it has not 15gb of 110.
For 12/13 GPU rigs get a slightly better CPU (60$-100$) cause it will be a bit faster when working on the Rig especially when changing GPU’s from Graphics to Compute mode in AMD Settings and using streaming software (Team Viewer, Splashtop)
Because of the 25mh hash rate that it has, this GPU is one of the most affordable choices for those who want to mine Ethereum. The power of the Radeon RX 400 series can never be underestimated and the Radeon RX 480 is not an exception.
Disclosure: Mining metrics are calculated based on a network hash rate of 23,555,434,604 GH/s and using a BTC – USD exchange rate of 1 BTC = $ 9,634.65. These figures vary based on the total network hash rate and on the BTC to USD conversion rate. Block reward is fixed at 12.5 BTC and future block reward reductions are not taken into account. The average block time used in the calculation is 600 seconds. The electricity price used in generating these metrics is $ 0.12 per kWh. Network hash rate varies over time, this is just an estimation based on current values.
creates an Ethereum address that will collect the ETH you mine. Geth requires a password to protect your Ethereum wallet. This password should be complex enough not be be attacked easily by brute force or dictionary attacks. IMPORTANT: Note this password down somewhere and keep it safe. Without it, you will never have access to your ETH ever again. Once this is concluded, Geth will output your Ethereum address embedded in curly braces. This is where the Ethereum you mine will be deposited. Save this address in a text file.
Why is the blockchain so massive in data storage? The target is 1920000 and I’m currently at 917246, the data files currently amount to 7GB. This means the folder will be a huge amount by the time the block has finished syncing.
Note that buying used cards from crypto miners is not recommended, due to the wear and tear mining places on cards. If you resell your card after it’s no longer useful for mining, you should mention that it was used for mining, then price it accordingly.
Also, the hashes, the mathematical puzzles that the computers must solve in order to earn Ether, keep getting harder. As time goes on, you’ll need more GPUs and more memory in order to stay competitive. In addition, more time will likely pass in between solving blocks. You might go weeks or even months before you solve your first block and earn your first 5 Ether.
Years ago (spring of 2015) I had mined ETHEREUM (solo) using GETH in UBUNTU 14 and one time the mother board gave me some trouble so I had to change much newer MB ( may be too much newer one). After MB was changed the computer was not posting to C driver any more .Struggled many hours but at last I had to format the HD with about 250 ETH (all gone at present situation)remained inside and reinstalled GETH and in short time I lost all the interest in mining I completely abandoned my miner. At that time ETH was about only $1~2 some times 50 cents so I did not care much and left it alone all this years but I saved the HD in my draw and now it is worth 1/4 of million dollars now. Now I use TESTDISK in UBUNTU 14 and trying to go back to the state before the format to find the ETH. Please help me where I should look for (which folder which file if I can revival them) those accumulated 250 ETH exist. HOW I GET IT BACK.
All disputes or claims arising out of, relating to, or in connection with the Terms, the breach thereof, or use of the Ethereum Platform shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with said Rules. All claims between the parties relating to these Terms that are capable of being resolved by arbitration, whether sounding in contract, tort, or otherwise, shall be submitted to ICC arbitration. Prior to commencing arbitration, the parties have a duty to negotiate in good faith and attempt to resolve their dispute in a manner other than by submission to ICC arbitration. The arbitration panel shall consist of one arbitrator only, unless the ICC Court of Arbitration determines that the dispute is such as to warrant three arbitrators. If the Court determines that one arbitrator is sufficient, then such arbitrator shall be Swiss resident. If the Court determines that three arbitrators are necessary, then each party shall have 30 days to nominate an arbitrator of its choice — in the case of the Claimant, measured from receipt of notification of the ICC Court’s decision to have three arbitrators; in the case of Respondent, measured from receipt of notification of Claimant’s nomination. All nominations must be Swiss resident. If a party fails to nominate an arbitrator, the Court will do so. The Court shall also appoint the chairman. All arbitrators shall be and remain “independent” of the parties involved in the arbitration. The place of arbitration shall be Zug, Switzerland. The language of the arbitration shall be English. In deciding the merits of the dispute, the tribunal shall apply the laws of Switzerland and any discovery shall be limited and shall not involve any depositions or any other examinations outside of a formal hearing. The tribunal shall not assume the powers of amiable compositeur or decide the case ex aequo et bono. In the final award, the tribunal shall fix the costs of the arbitration and decide which of the parties shall bear such costs in what proportion. Every award shall be binding on the parties. The parties undertake to carry out the award without delay and waive their right to any form of recourse against the award in so far as such waiver can validly be made.
Mit der passenden Kalkulation kann die ideologische Haltung „dabei sein ist alles“ vernachlässigt und ein gewinnbringendes Nebeneinkommen geschaffen werden. Wie das am ehesten funktionieren kann – erklären unsere folgenden Parameter, die sich am Ende zu einem Mining Rechner zusammenfügen.
Start by decreasing your core clock speed to 1000 mhz from whatever the factory setting was (in the “GPU” area, change the values for state 6 and 7 to 1000 on the Frequency row). Click “Apply” (at the top right). Restart your miner and see how performance looks. There is a good chance that it’s unchanged. If that’s the case, repeat the process, but decrease the core clock speed by another 50 mhz or so. Keep moving down in 50 mhz increments until you notice mining performance drop. When that happens, bump the core clock back up to the previous value—that’s the sweet spot.
With this setup, you’d 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.
– You can combine any amd card in one system or any nvidia card in one system. I don’t recommend using both an amd and nvidia as there are more complications and fixes. So YES you can use say a GTX 760 and a GTX 970 or a 290X and 380.
I totally agree with hope2907 – that is the same thing that happened to Protoshares – it became taken over by botnets and the general public couldn’t mine anymore. GPU mining seems to be the most decentralized, that is why Scrypt mining is so popular. But whatever you guys decide, I’ll be there to support.
More specifically, the miners will run the block’s unique header metadata (including timestamp and software version) through a hash function (which will return a fixed-length, scrambled string of numbers and letters that looks random), only changing the ‘nonce value’, which impacts the resulting hash value.
With Ethereum, the door is opened wider as only GPUs can be used to mine. In order to have any hash rate that is comparable to an ASIC miner, you’d have to string together dozens of GPUs. This creates an ecosystem that is more balanced and prevents consolidation of power. To be more technical, Ethereum mining requires more RAM than an ASIC miner can provide since ASIC mining is actually CPU mining, not GPU mining.
Once you start mining, if you find a block ethminer will output a smiley face and say “Block submitted and accepted!” and geth will output “Mined block #xxxxx”. You might also see geth say “Mined stale block #xxxxx”. Unlike other coins you could mine, stale blocks are actually worth something, so if you see stales that just means someone found the block before you did (but you still contributed). You’ll still receive a partial block reward in this case.

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