“best mining pool for ethereum”

“best mining pool for ethereum”

The SSD will ensure that this system is fast to boot and configure, and you could double the RAM by purchasing two 2 GB DIMMs instead of one. This would slightly increase the hash rate for very little additional cost.
Mist also contains Geth, a popular command line interface. You may choose to get only the latest Geth app for your system, it’s able to perform all the functions of Mist (and more) from the command line. Geth (an abbreviation for “go-ethereum”) allows you and your miner to interact more directly with the Ethereum network but Geth definitely requires some programming knowledge.
No deposit is returned to customer by genesis-mining.com. If you buy a 2 year contract you will earn your money back in some time plus some profit. Use our calculators for this answer. But when the contract is finished no money will be earned after. It is like a bus ticket. When the journey is finished no money given back:)
This is outsourcing the mining. Cloud mining companies will charge you a fee, usually for a fixed-term contract. A short contract might be one year.Cloud mining is profitable because the GPUs are bought in bulk, hence at discounts.
Very very happy with the speed and quality of responses from genesis support staff, they’ve been fantastic. The website is easy to navigate and very straightforward. If I had any complaint it would be that there’s not a very detailed easy way to track how your mining is going hour to hour and changing properties of the coins you’re targeting (changes in difficulty, price, coins mined per hour etc.), but this is minor and available elsewhere quite simply. My only complaint isn’t actually with genesis at all but with the company they use for credit card processing that required that I provide a picture of my face and credit card. This was not disclosed as a requirement until after I had paid. Even their staff were helpful and quick to reply but it would have been good to know this in advance and I would have arranged btc payment (which I’ve done for subsequent purchases). Overall very happy though.
5) Spend the extra $ and get a CPU that supports hyperthreading. It will cost you $80 instead of $50 but I have 1 rig that uses a 2 core 2 thread processor and I can’t do anything else on it effectively while its mining. Not that you’ll use it for much else but sometimes you want to research on the web using the machine you are trying to tweak and not having a fast enough CPU makes that frustrating.
So, once geth has finished its synchronisation with the blockchain, you have to generate a new account. This will be your “wallet”, which will store the ether you mine. Your wallet will be stored in the hidden folder ~/.ethereum (in the /keystore subfolder). In the same folder you will find the files of the blockchain.
The top Ethereum mining choice is currently the Radeon RX 570 / RX 580 line*. The RX 570 delivers nearly the same performance as the RX 580 (within 4-7% or so) for a bit less power consumption—they’re essentially equal from an efficiency standpoint. The RX 570 is usually significantly cheaper than 580, so generally the 570 is the best choice.
Ethereum is the 2nd most popular cryptocurrency in the world right now with respect to market capitalization. This is reason enough why you should start mining Ether all the more. As the prices consistently go up, Ether mining becomes a lucrative venture for all real-time investors. Ethereum miners can analyse the Ether mining profitability using calculators. Miners will thus know how much Ether they need along with the amount of hashing rate and electricity to make profits.
Fortunately, a handful of AMD motherboards include full PCIe slots and low-power processors. AMD released two different lines of processor that offered a winning combination of low power consumption, low cost, and a full PCIe slot: the AM1 platform Build a Leaner, Greener, Meaner HTPC with AMD’s New AM1 Platform Build a Leaner, Greener, Meaner HTPC with AMD’s New AM1 Platform This article covers the various components, with suggestions, for building an AM1-based media center or office productivity desktop. Read More and a series of motherboards with soldered-on processors. Of these, I prefer the ECS KBN-I/2100 — but these tend to be hard to find and overpriced. Fortunately, the AM1 platform provides similar low build cost and low power consumption. For example, you can find an AM1 dual-core Sempron processor for around $35. And the motherboard costs around $25 with Prime shipping.
Finally, the Biostar TB250-BTC is also aimed at miners, and costs considerably less than the Asus and ASRock offerings. The Biostar board “only” supports 6 GPUs, but that’s likely all that the majority of us need. If price is your primary consideration, the TB250-BTC should be at the top of your list for 6 GPU rig builds.
True that. Most arent interested into Cryptocurrencies at all. They heard somewhere that you can make mad money with just some GPUs. Just look at the Frontpage how many people ask the most basic questions. ” I bought a 3000€ mining rig how do i start it ?”
I have purchased a 60MH/s Litecoin contract. The first payout was worth about $3.60. At this rate I should get my investment back in about 220 days, which is good, considering that the contract runs 730 days. This means 510 days of pure profit. I think it is a pretty good deal (lets hope Litecoin goes up further!).
Hard Drive: $40. We strongly recommend SSD. Faster boot time, higher operation speed – it’s excellent, so don’t skimp on it! We’d recommend 80GB SSD, just to make sure, but even with 60GB SSD, you are good to go.
i’m in europe and i don’t have to pay VAT on business expenses. i also can say that I invested 1000€ and so if I earn (from mining or any other business operation) 1000€ i made a net income of 0 – so my income tax is also 0 on that part.
Awesome! I’m going to be making $900 a month, and better yet I’ll be making $10,000+ dollars a year. Sadly, this is a naive projection. If we use another service for mining projections such as MyCryptoBuddy’s Ethereum Mining Calculator (http://www.mycryptobuddy.com/EthereumMiningCalculator) We see that this is a more realistic projection of future profit because it accounts for the increase in difficulty. Using this calculator, with the same hash rate previously stated my return profit drastically changes:
However, you can’t use any GPU. Some are better than others when it comes to mining. For example, the GTX 1060 is a great GPU for gaming, but it’s not the best mining GPU on the market in its price range.
Hi, ethereum is going to Proof of stake with Casper some time in the neat future which means that you can no longer mine it. So if you have a mining contract and ethereum goes Casper, you cannot continue to mine ether and can only mine other coins. That is a risk you have to take with a Mining contract.
The idea and inspiration for this article come out since after about a month ago I started to invest both in cloud mining and building my very own GPU mining rig. I decided to compare – what’s more profitable – doing all by yourself or just throwing money into cloud mining contracts.
Not sure:) I think there is a problem with supliers of the hardware. Cryptocurrency is very popular. For example it is difficult to buy a graphic card to the PC because averyone want to mine cryptocurrency.
Frankly speaking, this sounds too good to be true – Ethereum Cloud mining contract from Hashflare would perform just slightly worse than your own existing mining rig. I wouldn’t say this is a red alarm for me, but it still raises some questions – how comes? Is Hashflare legit and so on? 
Another idea is to use my own laptop (toshiba R700), at night, using the same USB extenders but maybe the laptop power is not ready to supply the GPU. What is your opinion on this? In the case that it would be advisable to use laptop, would this interfere with my normal working or would it be advisable to let it work only when I am not using the laptop?
The 1080 Ti represents the pinnacle of Nvidia’s graphics card line-up. The price of this card is a way high, but it has a great deal of fast VRAM, so it will ensure that it’ll be able to mine Ethereum for years to come. From the spec sheet, things look very good indeed and if you try to work on it a bit, however, you can raise the hashrate up to 32 Mh/s. This hashrate is great for mining Ethereum. However, the card is even better at mining Zcash.
I have compiled a list of current prices for various Graphic Cards for use with ethereum mining. Below is a list of prices and where to purchase the GPUs in both Canadian and United States prices and markets. Also included is a calculation of the cost per Mh/s, as well as the current profitability of each GPU with power taken into account. With this we can find the best cost to return ratio for buying a GPU to mine with as of today, September 3rd, 2017. These are also all stock rates, without overclocking the GPU or making them more efficient.
I would like to start mining Ether, but my GPU isn’t the greatest and I don’t really want to spend the money on a dedicated rig. Is mining from my CPU (in a Linux environment) still worth the Ether? Or will I not be able to keep up?
The primary purpose of mining is to set the history of transactions in a way that is computationally impractical to modify by any one entity. By downloading and verifying the blockchain, bitcoin nodes are able to reach consensus about the ordering of events in bitcoin.
Is Ethereum mining profitable? This is one of the most asked questions about ethereum mining. The response is not so simple and clear because not all the parameters can be anticipated. Profitability depends on the hashrate and on the price of hardware and electricity but also on Eth price and on the how many other people are mining in the network. While most of the parametes are steady the last 2 are can change from on day to another.
A password will be of you at this stage, and extra care should be taken here. Be sure about your password, write it down if possible and be sure to type it in carefully. Press enter once again after typing in the password and voila! Your new account is created.
Solo mining might have the best payout of the three methods if you have the financial power to invest in several GPUs and pay mammoth electricity bills. To carry out solo mining successfully, you need to hit at least 100 mega hashes per second and this hash rate will increase as difficulty rises. However, you get all the rewards; they include payment for uncles on top of your earnings.
This means you won’t be able to use a mining rig for other tasks, but it does mean you’ll be getting the very best mining results thanks to the best mining rigs being designed to eke out the maximum return when running.
I am mining and trading bitcoins, Ethereum, litecoins on 3 continent (Asia, Europe, Middle East). But i always wanted a quiet back up with no maintenance tasks and no risks. For this reason I always add some cloud capacity at genesis. I have just bought the two year Houdini contract at genesis. I decided to buy more capacity at genesis because my previous eth investment repaid itself in less time that I thought. A couple of days after investing in the monero Houdini contract I receive promising daily payments and I already foresee that the investment will repay itself in a few months.
If you believe in the Ethereum concept (despite the failure of the DAO and doubts regarding the viability of Ethereum’s approach), you can support and gain voice in the Ethereum network through mining.
Here in brazil, the prices are abusive, but the power cost is very low, at least 19 Cents a watt. Total Hashrate of the project, 52MH’s. In the past months, i’ll go for more, buy at least 4x RX480 Custom. Maybe in US, they will cost 230-250US, here, 1400-1700 BRL.
Over the last 6 months I have had purchased a small amount of hash power and I am very pleased with it. I have since bought a lot more. Anyone who is expecting to get rich quick go find some half cocked project to spend your money on. I believe this will return far far above what I could get putting my money in a bank and is far safer than buying crypto currency due to their volatility. Nothing guaranteed with anything in this world but well worth a punt. Go for it!

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