“ether mining basics”

“ether mining basics”

I’m about to buy (1) R9 280x HIS R9 280X IceQ Boost Clock 3GB GDDR5 PCI-E DLDVI-I/HDMI/2xMini DP + (1) 750W PSU. I’m confident that I will be able to ROI, but it seems too risky because nothing else is worth mining with it besides Ethereum.
As for what to do with GPU’s post PoW, maybe other coins will come along but if Casper (PoS) proves itself then that kills pretty much all need for PoW on any new coins. I don’t think many people in crypto actually realize how many problems Ethereum solves and that we are looking at a pending extinction level event for just about all other alt-coins, and perhaps Bitcoin also.
The Customer will receive Coins mined in accordance with the above Mining Power and in accordance with applicable Maintenance Fee (as per section 2b). If (i) the expected transaction fee (needed to ensure that the network will process the transaction) divided by the value of the payout is greater than 5% or (ii) the payout is below an equivalent value of USD 1.00 the Service Provider has the option to accumulate the payouts in the Customer’s account, until the payout value is sufficiently high to meet the requirements (i) and (ii).
You can say “Ciprian, could you at least throw in some estimates?” Yes, I could. However, the estimates would be less accurate than Ricky Rubio‘s three-point shots. Modern electronics market is a complete mess. You can buy a product for $ 100, then to see the same product on a different site for $ 50. Nowadays the demand for mining-compliant gear is so high that very often we have manufacturer shortages and high price fluctuations .
Whichever card you decide on, be prepared to spend a lot of shopping time at the various retailers and resellers. Only then can you hope to find that coin at a “fair” price. Mining has really inflated GPU prices across the board, which is a good indicator that GPU mining is still profitable—if you play your cards right.
Click on Save Your Address and then select the “Keystore File” radio button and then click on “Select Wallet File”, browse to your recently downloaded Keystore File (which starts with “UTC…”) and select it.  
In total, I have 17 graphics cards that could work for mining—11 cards with AMD GPUs, and six cards with Nvidia GPUs. Unless you’re a hardware hoarder who never sells older parts, you probably won’t have such an advantage. A build like this wouldn’t be free for most people, but we’d wager a few of you have some semblance of hardware sitting around anyway.
The world has gone digital, from the development of smart homes to the development of innovations that promote seamless transactions. Every industry is feeling the impact of technology now more than ever. In every part of the world, the technologically driven goals remain the same: the maximization of profit and the promotion of sustainable development in all spheres of life. It is this yearning to make life as easy as possible that brought about the birth of cryptocurrency.
Mining profitability is a variable and depends largely on the type of mining software you own, the cost of electricity in your locale, the current price of the cryptocurrency you are mining and, of course, your own overheads.
Findind a solution is practically running brute force algorithm. The time to find a solution is hard to tell. In the same time blocks are having a predefined maximum size and by convention a blockchain needs to have an averate time interval at which blocks are closed. In order to do that from time to time a variable called difficulty is adjusted based on previous performance.
I love testing ideas and even more than just testing new ideas I love testing them using Minimum viable product approach.   I’ve been in a crypto craze for a while already – started with buy and hold, added…
A quick question: So you’re saying that setting the MC to 600 Mhz gives you a hashrate of 30mh/s? I have a R9 390 8 GB (I’ve been testing it out for Ether mining before I invest in building a multi gpu system), and my MC/CC is set to 1500/1000 mhz and gives me around 30 mh/s. When I overclock it to 1675/1185, it gives me around 34 Mh/s… (Claymore, Win 7 64 bit OS).. temp stays between 60-70 degrees C.
“Hackers target 400,000 computers with mining malware”- I recently disabled my windows defender on one rig as it was causing issues. Is anyone using 3rd party antivirus/spyware software or windows defender?
Case – Coolermaster RC-942-KKN1 HAF X 942 USB3.0 Case. $179. Hard to get now. 14.35 kg 230 (W) x 599 (H) x 550 mm (D), 1 x 230 mm fan, 1 x 200 mm fan, 1 x 140 mm fan. The 200 mm fans move about 100 cubic feet of air per minute.
Ether supply is not infinite. The overall amount of ether and the network operations was decided at the 2014 presale. No more than 18 million Ether gets issued every year, which is about 25 percent of the first issue. It serves as a system to reduce inflation.
HydroMiner is a cryptocurrency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. Hydro-power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural.
1x RAM (System Memory) –  4 GB RAM – You don’t need a lot of system memory to mine ethereum effectively. 4GB is about as small as a stick of RAM comes these days, so I recommend just picking up a cheap one as long as it is DDR 4 desktop memory.
The value of Ether currently stands at around $950 and it is a more or less profitable venture for beginners as as experienced miners. Ethereum also runs on a proof-of-protocol like Bitcoin and the following need to be taken into account when calculating the profitability of mining Ether.
But, here is a good trick that keeps me going – When I mine Ethereum I do not sell it immediately I wait till the prices of Ethereum has gone up. By this way, my return of investment is met very early.

One Reply to ““ether mining basics””

  1. “Cloud mining is a profitable pursuit if you know what you are doing. While many cloud-mining services provide different mining options, not all of them are the best choice, obviously. The market of mining is very dynamic in general, so you should most probably learn something in the Internet about different options before making a considerable investment. Usually people tend to ignore open information like mining difficulty growth or currency value changes and they get very frustrated once mining becomes less profitable.”
    I’ve had success both ways and so if you run into an issue with one method delete the drivers and try the other method.  And if you do need to remove your drivers use the DDU (Display Driver Uninstaller) program from Guru3d.com to remove everything cleanly and then start over.  
    One of the most simple to use calculators is the Crypto Compare calculator. You simply choose the currency you would like to mine then input your hash rate along with the wattage of your system and power cost, then the website will show you what your profits are every day, along with the amount of the currency you will mine. The main problem with this site is that it does not factor in the network’s difficulty. Everyday new miners join the network, which in turn increases the difficulty. That means that if you are solo mining, you will have a lower chance of solving the block, and if you’re pool mining, this will lead to lower rewards.

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