“ether mining pool vs solo”

“ether mining pool vs solo”

The 3rd lesson I’ve learned should come as no surprise to those that follow my articles… using the Speculative Sentiment Index (SSI). I’ve written many articles about this topic. It’s the best tool I’ve used and is still a part of almost every trading strategy I am using, present day.

The Ethereum network is kept running by computers all over the world. In order to reward the computational costs of both processing the contracts and securing the network, there is a reward that is given to the computer that was able to create the latest block on the chain. Every 15 seconds, on average, a new block is added to the blockchain with the latest transactions processed by the network and the computer that generated this block will be awarded 3 ether. Due to the nature of the algorithm for block generation, this process (generating a proof of work) is guaranteed to be random and rewards are given in proportion to the computational power of each machine.

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If all of  your GPU’s on the RIG are the same, you can try to apply the profile settings that worked for the first GPU to the next GPU and test if it works, then try to adjust the small settings to reduce memory errors if you get them. It’s possible that the same GPU with the same settings will crash the PC or cause a freeze, that’s why you test one GPU at a time.

Now save your file as Batch file with the bat extension.  Choose File > Save As and then in the box, choose a name for it and then type “.bat” after the name, and in the Save as type box, make sure you select “All Files”, and then click Save.  Congrats, you now have a batch file ready to mine!  Create a shortcut for the new Bat file and send it to your desktop.  You can then delete the text file version of the file.  

If the Ethereum Platform is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which ETH miners can bring online additional mining power. Under such a scenario, the entire Ethereum Platform could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Ethereum Platform and ETH. Insufficiency of computational resources and an associated rise in the price of ETH could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy.

Are you interested in mining for the hottest cryptocurrency in the world today?  Ether – the lifeblood of Ethereum Smart Contracts – is growing quickly in value; it might overcome Bitcoin within the next year (based upon recent increases in value & the amount of ether mined so far).  Ether (ETH) is currently the #2 cryptocurrency in the world, and Ethereum is the simply the best blockchain for decentralized global commerce.  It’s super-secure, highly scalable, and most importantly, it’s programmable via the use of Smart Contracts & Distributed Applications (DAPPS).

ATTENTION: Ethereum addresses don’t have built-in checks on them yet. That means that if you mistype an address, your ether will be lost forever, without a secondary confirmation window. If you are moving a significant amount, start with smaller quantities that you can afford to lose, until you feel comfortable enough.

NANOPOOL – I use this pool to mine ethereum, and to monitor my rigs. At the part of -ewall after your ethereum adress you can put    “yourEthWallet.yourRigName/yourReportingEmailAddress” . That way nanopool will send you a email if one of your rigs goes offline. Also at nanopool website you can check your current hashrate of your rigs. If you see one rig reporting lower hashrate than it should you know something is wrong. Nanopool works very well as a monitoring tool.

The latest variant, dubbed Satori.Coin.Robber, was first spotted on 8 January and hosts the same exploits. However, a new capability added to this creation is the scanning of mining hosts — usually based on Microsoft Windows operating systems — through management port 3333.

Log into your AWS Account, make sure you are in one of the four US Regions (N. Virginia, Ohio, N. California or Oregon), and choose the CloudFormation service. Then you’ll want to create a new New Stack.

had a quick question on setting up geth – I’ve gotten to step 7 and while syncing it keeps generating the same few lines of text (“imported new block receipts, imported new block headers”, etc.) should this be expected? how long does this usually take to complete?

Both Nanopool and Ethermine can run different software to hash for Ethereum. I recommend running Claymore Dual Miner which allows you to hash for both Ethereum, as well as an alternative currency. This is because Ethereum heavily relies on memory usage while the core processor sits idle. While dual mining, the memory of your video card will hash for Ethereum, and the core processor will hash for Decred or Siacoin as an example.

All the information on cryptocurrency transactions must be embedded in data blocks. Each block is linked internally to several other blocks. This creates the blockchain. These blocks must be analyzed as fast as possible to ensure a smooth running of transactions on the platform. However, the issuers of such currencies do not have the processing capabilities to handle this alone. It is where miners come in.

While it sounds more complex, the idea is fairly simple. Every time a bitcoin transaction is made, the network ‘breaks’ the total amount as if it was paper money, issuing back bitcoins in a way that makes the data behave similarly to physical coins or change.

Before you can find any blocks, however, your computer needs to go through a process called “building a DAG”. This DAG (short for “Directed Acyclic Graph”) is a large data structure (~1GB) required for mining, intended to prevent ASIC machines (“Application Specific Integrated Circuits”) from being mass manufactured for mining ether. Its goal is to protect miners like yourself so that you will only ever need your home computer to remain competitive. The DAG should take about 10 minutes to generate and as soon as it finishes, Geth will start mining automatically.

I have rewrote it to make it useable for all users and make their mining easier. I have added about 60% code to check for stupid things users may do and much better error handling to ensure your mining will be absolutely flawless.

activate above 4G if you have that option available under your motherboard, that is specially option for some motherboards , used to optimize your PC if it has 4 or more GPU’s connected, mostly Z270 motherboards have this option (h81 pro btc does not have this option, it has it already by default)

Ethereum is a next-generation application development environment for secure digital “smart contracts”, title transfers, and payments – just to mention a few of its advanced capabilities for storing, verifying, and transferring real-world value (such as real estate transactions, vendor agreements, and the trading of commodities).  Ether (ETH) is the core digital currency in this environment.  Banks like J.P. Morgan and tech giants like Microsoft & IBM – plus tech implementation firms like Deloitte – are all looking at Ethereum to provide the backbone for super-secure and completely decentralized digital commerce (learn more HERE).

You can use this tool and input all the parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage (the pool which you are going to join in the mining), difficulty of the Ethereum (ETH) network, amount of blocks rewarded, price of Ethereum (ETH) and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup

One Reply to ““ether mining pool vs solo””

  1. The other problem with forex trading with such a small amount of money is that it offers almost no flexibility in the style of trading you undertake. If you deposit $100, and follow proper risk management protocols, you can only risk 10 pips if you take a 1 micro lot position. This forces you to be an active day trader, whether you want to day trade or not. With a 10 pip stop loss you won’t be able to swing trade or invest, since the price can easily move 10 pips against you, resulting in a losing trade, if you try to hold out for long-term gains.
    The Claymore miner software source code is encrypted (if someone would have the source code he could make his own miner and would be much easier to remove the developer fee. That’s why Windows Defender is going mad when he encounters Claymore miner, because it does not know what the Claymore software is doing it will try to remove it and warn you about dangerous file.

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