“ether mining basics best”

“ether mining basics best”

Ethpool is a predictive solitary mining group ( predictable only mining pool ) where 100% of the income is paid to the miner who contributed most of the work. By using Ethpool you get the advantages of mining combined with a solitary mining payment scheme.
However just to help you out, we have decided to sit down and write down a detailed article about different mining pools of Ethereum. So you can choose the best one for yourself. So let’s just head into the topic without wasting much of the topic.
With mining rigs, you want the lowest clocked CPU, bare minimum RAM, 5,6 or 7 GPUs and a very basic HD.   Oh, and as you can see from the picture, you don’t want nor can you fit all those GPUs instead of a normal case.  You can use a nice custom made case as you see above or something cheap like a milk crate.
Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account. If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the “Use Diff Change” switch.
Be wary of the networks increasing difficulty. Even though you may make $10 one day, the next day you may make $9, so you should always be open minded about mining different coins when the time comes.
Does the Ethereum Mining Pool pay Uncles? And furthermore, what is an Ethereum Mining Uncle? No, we aren’t talking about your family tree here. Again, without getting too technical, Uncles, in Ethereum mining, are orphaned network blocks that miners (mining pools) are incentivized to include in their mining. Uncle mining is rewarded because it helps secure the Ethereum network by making the network “heavier”. More information about Uncles can be found here.
This is honestly where I think the best place to be is.  Don’t get too worked up over the hashrates or the hundreds of combinations of builds. Just buy what you can afford (or in some cases even find) and have fun with it. Try under/over clocking, under/over voltage, etc and just see what you can get your hardware to do. That alone can be great fun. If you happen to make money while doing it then that’s great too!  If not, no big deal!
This list is now outdated since AMD released their new RX Vega line. They dominate the competition especially after tweaking. Plus with the right drivers, some of the under performing GPUs are now pretty decent. Check out newest review of the best GPUs for mining: https://cryptosrus.com/best-gpu-for-mining/
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.
Even though this burgeoning cryptocurrency suffered certain wild volatility sometime in the past, it has been able to recover and progress well. As at now, enthusiasts and hobbyists are looking for means of downloading this blockchain based, open-source currency platform on high-end desktop PCs. By using an effective hardware for mining Ethereum, you can greatly reduce the amount of electricity that you use, which will, in the end, cut down your costs.
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.
Reasonable Minimum Payment: This is especially important if you only have one mining platform, since you do not want your payment to potentially take a week or more to reach your account. The majority of the Ethereum mining groups pay when the extracted amount accumulates until reaching 0.05 – 0.2 ETH.
C:\Users\Aniket\Desktop\ethminer-0.9.41-genoil-1.1.7\ethminer-0.9.41-genoil-1.1.7>ethminer.exe –opencl-platform 1 –farm-recheck 200 -G -S asia1.ethermine.org:4444 -FS us1.ethermine.org:4444 -O 0x24E2b85Ab3d992D18A44a65A404f2F95b621CF38.BiggerDell –cl-local-work 256 –cl-global-work 8192
Below, we rank our favorite AMD cards for Ethereum mining according to the overall value for the money. Note that the mining performance of the Polaris architecture is common to AMD’s venerable RX range, and it is rapidly degrading with each new epoch.
When you hear the term “cryptocurrency”, probably the first thing that comes to mind is Bitcoin, the most popular cryptocurrency out there. Bitcoin may be the most popular, but it certainly isn’t the only digital currency making waves at this time. There are well over 100 cryptocurrencies available at the moment, with numerous new ones being born almost on a daily basis; however, most of them are just poor copycats of Bitcoin, adding no real value to the market, so they fail to get traction and eventually die within days, weeks or months, at best. Cryptocurrencies that do survive, though, start gaining popularity, and are in for the long run. One of the best examples of such currency, and probably Bitcoin’s fiercest competitor, is Ether – a cryptocurrency that is trending right now and has seen a massive growth over the past few months, which made it one of the most interesting options for miners.
If you’re a hardcore gamer or if you want to find the best card for mining ethereum, perhaps you’ll find that this particular card is worth the look. This card features DirectCU II technology, which transports heat away from the GPU, allowing it to outperform reference designs, giving you up to 30% cooler gaming performance. The patented wing-blade desin delivers maximum air flow, thus creating 105% greater static pressure over the heat sink while operating 3 times quieter than reference cards.
Several manufacturers announced upcoming mining-optimized cards, including ASUS (GTX1060 and RX470), ZOTAC (GTX1060), Sapphire (RX470) and others. The chips of choice to receive the mining-optimization treatment are the NVIDIA P106 (which is the chip used by the GTX 1060 lineup) and the Polaris 460, 470D and 560D (the last two being China-specific chips). This is just the first wave, though – it is expected that more brands jump into the bandwagon and offer mining-optimized cards.
It is effectively equivalent to 2 HD 7970 GHz editions combined, ensuring phenomenal rig computer performance. Ehibiting one of the biggest hash rates on the market, you will part with $600 to have the Radeon R9 295X2. It boasts a power cost of around $1.44 per day, a daily return of about $1.61 and costs $13.04 for every MH/s. This metrics provide a return of around $586.43 per year.
Ethpool and Ethermine contribute to same pool but operate from different website. This is largest pool on ethereum network with 25.0% of network hash rate power. Ethermine has currently over 62,000 miners using the pool software and Ethpool has under 900. Both Pools charge a 1% fee on rewards that you receive.
This entry was posted in GPU Mining Rigs, Mining Rig Configuration, Mining Rig Guides and tagged 1070, 1080, 1080 ti, 2018, amd, Bitcoin Mining Hardware, custom mining hardware, ether mining, ethereum, ethereum mining, ethereum mining hardware, ethereum mining rig, gpu, gpu mining, graphics card review, graphics cards, mining gpu, Mining Rig, nvidia, rx 470, rx 480, rx 580 on January 22, 2018 by Josh.
The popularity of GPU-based cryptocurrency mining has driven up the prices of particularly efficient cards. GPU manufacturers have struggled to meet demands from miners. This struggle has resulted in a noticeable shortage of certain cards, as well as inflated prices from suppliers on the “secondary market” (in other words, resellers on sites such as eBay).
Glad to have you here! That’s the thing I tell newbies constantly. And its even harder because the equation changes literally every few days as card prices change. Yesterday I bought 6 AMD RX580s because I got a smoking deal on them. It all just depends on the economics of the moment. Its still really hard to beat the performance/energy/price ratio of the GTX 1060 though.
These ETH miners for cryptocurrency mining are all great options to mine Ethereum, but in the end, you must choose what you see is most convenient for yourself. Be the judge and choose what best fits what you need. Through ETH mining you can reap important profits, but it all comes down to an optimal combination of hardware and your ETH miner.
For the purposes of introducing some of the prevailing concepts behind the growing population of cryptocurrencies, we’ll take a closer look at the technologies behind Litecoin and Ethereum, how they compare to bitcoin and what they each bring to the table for prospective investors, miners and traders.
If it’s ultimate performance you’re looking for, the ultra-rare AMD Radeon 295×2 if the answer. Pumping out hash rates 55-60 MH/s, this card simply crushes everything else out there, despite the fact that it is three years old. What makes this card so great for mining Ether is the fact that it features 2 physical GPUs on one single board, being the most powerful dual-GPU solution AMD released to date (if we overlook the Radeon Pro Duo, which falls into a whole other category and price range, well north of $1,500).
I’ve been using this alternative as a safe and cost-efficient way to mine Ether, without breaking the bank and setting up a rig (Most of the time there are other costs involved like electricity, hardware failure, etc.).
But let’s keep it simple. Comparing the MSRP (manufacturer’s suggested retail price) of the Founders Edition versions of these cards (yea, right ☹), the 1080ti costs ~2.33 times what a 1060 6GB costs and it consumes ~2.08 times the electricity. Assuming that the higher the hash rate, the more money you get. Then in theory, for currencies where the 1080ti consistently yields ~2.5 to 3+ times the hash rate of the 1060, you may be better off with the ti. Again, this is making some wild assumptions.

One Reply to ““ether mining basics best””

  1. Therefore, to enhance their odds, small miners should band together via mining pools that combine their computational ability to hash blocks. With combined computing ability, mining pools will solve a block more rapidly and distribute the reward to the miners in the pool according to the amount of work incurred in providing a solution. Over time, the individual miners within the pool will realize the benefits, especially when ether prices keep rising.
    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.

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