“best hardware for ethereum mining”

“best hardware for ethereum mining”

My contract hasn’t started yet. So I could say anything related to the profits. However, always remember that it is a relatively long-term investment. Need not be scared about the recent drops in coins
Interesting read. Unfortunately for me, I don’t have the luxury of hanging to test products (for free, especially)… then again I don’t have anything to test, beyond what I grab for my own use. I’ve got old hardware, but only one GPU with more than a Gig of RAM and I need that for my everyday driver.
In Ethereum Mining, the difficulty is adjusted dynamically so that the network produces one block in every 12 seconds on an average. Thanks to the synchronization of the system, it is not possible to rewrite history or maintain a fork except the individual attempting to do so has over half of the mining power in the network.
The GTX 1070 has a steady hash rate of 26 Mh/s with a power draw of about 135W, with a monthly profit of 58.18 USD and a power cost of 8.26 USD per month. This card will take just under 9 months to pay itself off at 500 USD, and 8 months to pay off at 569 CAD.
If I understand you correctly, you have 3 GPUs plugged into USB-style risers (like these), which are in turn connected to your motherboard. All of your GPUs have a single 6/8 pin PCIe connector, which is connected to the PSU. The PSU’s PCIe cables each have two 6/8 pin connectors, and you want to use one of these to power each riser (the other is connected to the GPU).
So you just found out about Ethereum mining and looking to build your first Ethereum mining rig. This guide will walk you through choosing GPUs, hardware, and what software to run for mining Ethereum.
Just a hypothetical, but say someone had (legal) remote access to 5,000+ normal desktop computers. If he/she were to install the software on them, could it be profitable? On-board Intel graphics type machines.
For purposes of this guide, we are going to do a detailed of setting up and using the very popular Claymore Miner.  Get the current version here from Claymore’s 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:
The Ethererum Mining plans will run for a maximum of 2 years. In case Ethereum (“ETH”) will switch to proof-of-stake before the end of the contract, we will use the hashing power to mine the most profitable coin at that time, for you.
Right now it is quite profitable, but it is better to see the historical comparison between prices and the difficulty. Also take in mind that the cards doesn’t last forever – not that they will brake down but eventually new cards with better hashrate per watt are appearing. So, I would say that we are looking at about taking back the price of hardware in the first year and then start taking profit which will gradually slow down. So if you invest X money in 2-3 years you will make back double the initial investment.
This list is now outdated since AMD released their new RX Vega line. They dominate the competition especially after tweaking. Check out newest review of the best GPUs for mining: https://cryptosrus.com/best-gpu-for-mining/

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