“ether mining ec2 best”

“ether mining ec2 best”

Plugging these numbers into https://etherscan.io/ether-mining-calculator gives me an expected earning of ~ 0.004790 ETH (USD 0.06) per day or 0.033536 ETH (USD 0.39) per week. My cost of electricity @ ~ USD .17 per kWh is USD 0.816 per day which is 13.6x the value of the ETH earned.
To get started you will need to obtain a mining wallet to collect your digital currency, mining software, and of course your trusty PC equipped with a worthy “miner” or GPU, or better yet multiple GPUs. NiceHash is a simple software package that will get you up and running, but there are a myriad of mining app choices and wallet types out there to choose from, with lots of guides on the net to educate yourself. We’re going to be focusing on the hardware and mining performance side of things in this piece, however.
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All mining pools specified in the list support Ethereum coin, and provide service and have no problems with withdrawals. Find your closest pool server using ping information. The less value of connection time is better. There are 40 ETH pools online. And waiting you to join miners’ community. To get more information open mining nodes for each website using menu button.
A miner is an investor that devotes time, computer space and energy to sorting through blocks. When the mining process hits the right harsh, they will submit their solutions to the issuer. After verification, the issuer of the currency offers rewards which are portions of the transactions they helped in verifying. They also offer digital coins in exchange for the work of miners. The result of digital mining is called proof of work system. Some currencies depend on this system alone while other use a combination of proof of and proof of work.
However, bear in mind that mining is a very time and power-consuming procedure. I’ve already started writing my next post on Ethereum mining guide. If you are not willing to dedicate time for Ethereum mining, you can just buy Ethereum.
In terms of Ethereum mining performance, the R9 series has aged far more gracefully (even though it was introduced in 2015) than the more recent RX 400 / 500 series (which launched in 2016 and 2017, respectively).
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As my title says, I am a complete newbie to the Ethereum Project, but not to the cryptography in general. Although this will be the first time I will consider investing in the mining process. And I just would like to know, what is the best current hardware is out there for mining, and where best to find available in stock to ship.
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!
Double click your Bat file to start the miner.  The miner will start, run the setx commands to set those environment variables, initialize each of your GPU’s, build the DAG file on each of your GPU’s and start hashing away.  Let it run for about 20 seconds and then click “s” to have it show your Hashing speed.  You can use that back in the calculator again to determine a more accurate representation of your earnings.   
The  Nvidia GTX 1070   is what I’ve been putting in all the rigs I’ve built for folks since about April of 2017 when all the AMD Rx 4 and 5 series cards sold out and doubled in price on secondary markets. It can mine at 30Mh/s while sipping only 100 watts of electricity. After testing several models, my favorite is the Gigabyte GeForce GTX 1070 Windforce OC (model # GV-N1070WF2OC-8GD). It has a twin fan design and seems to run cooler than most of the other 1070 models I’ve tested. If that model is unavailable, any twin fan designed 1070 will work well. Blower models like the Gigabyte 1070 Founders Edition mine at the same hash rate, but need more supplemental cooling like a box fan pointed at your mining rig. I’ve linked to Amazon above, but be sure to check eBay as well for availability since Amazon often limits the number of GPU units you can purchase. 
Another benefit is that in case the currency you are mining drops in value, you can easily swap to another coin and regain your profits that way. Take Ethereum for example. One year ago and with a small mining operation, it was very easy to mine 1 or 2 Ethers a day, while at the time it was only worth a couple of dollars. If you kept it today, you could sell each Ether for $330 USD, making your investment very worthwhile.
Proof of Work is where you have to run powerful computers that have high hash rates. Hash rates are the number of “hashes,” or numbers a computer can come up with every second, needed to solve a block. Both of these types of mining have a difficulty factor to them where the more miners there are on the network, the lower the chance you have of mining a block. In other words, the lower your reward is. Here is a good website which has lots of information on the major cryptocurrencies, including their difficulties, block times, and block reward. If you want to check when the last block was mined, and who mined it, you can use this website for Bitcoin, and this one for Ethereum.
I’ve listed these in the order I would recommend them to any friend just getting started with building a mining rig and starting to earn passive income with Ethereum mining. This is simply a list of known ethereum mining pools. No pool operators pay me to list their website here.
Hi, great artical. I’m currently learning all about this and am about to build my rig. I’m planning on using Ethos and have 2 x RX 580 8G and 4 x Nvidia 1070 8G (I’m planning to add more cards over time on my Asrock h110 pro BTC Mobo). My question is this: Can I run this mixture of cards altogether on the current version of Ethos? And will Claymore handle this mixture of cards too?
I see a lot of people are having this same problem. I believe that something must have changed in the new version of Claymore which is causing this error. Can you perhaps install an older version of Claymore?
With just 1.0 MH/s of hash rate behind the Radeon RX 480, this is also a great choice for anybody shopping for an effective Ethereum mining GPU. Even though its hash rate {24.0 MH/s} is slightly behind that of Radeon RX 480, both of them share the same power cost per day. With $0.4320 as its daily power cost, the cost per MH/s of this GPU is $9.13. This will bring a daily return of $1.15, which can be translated to $418.16 per year. The cost of this GPU is also very friendly, as it’s on sale at Amazon now.
Best Cryptocurrency mining pools are many. Mining pools are a pooling of resources by miners. These miners share their processing power through a network and divide rewards equally. This amount will depend on amount of effort they contributed to finding a block. Members are awarded with a share of the award after a valid proof of work is presented. Mining in pools started when mining difficulty increased for slower miners. This method helps with more blocks being generated at a faster pace, instead of randomly every few months.
For the hard drive, using an SSD is essential. While SSDs are more expensive, you will only need a 16GB one, which will set you back less than $30. If you’re planning to solo mine, it’s recommended that you buy a 32 or 64GB one, but again this will only be a few dollars more.
Some miners have reported that their hash rate through Nanopool is significantly less (sometimes up to a 10% difference) than mining in other pools or on their own. Overall, though, the community seems to trust and like this pool.
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Since no mining-optimizing cards are available yet, real-life performance numbers are not available yet, but they are expected to be roughly on par with their non-mining versions, probably slightly higher. However, power consumption is expected to be somewhat lower, and stability should be increased. The announced mining cards built specifically for crypto mining are listed below:

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