“ether mining rig profitability best”

“ether mining rig profitability best”

The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions.
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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.
The AMD Radeon RX Vega 64 is the latest GPU from AMD that simply dominates mining.  Stock, it can mine Ethereum at 33 MH/s using around 200 watts but with a little tweaking, the hash rate can be as high as 41 MH/s using as little as 135 watts!  This card is simply a monster.  They are flying off the shelves so make sure you grab yours when you can.  You can buy them here.
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Long considered the workhorse of GPU mining, the time has sadly arrived when the RX 400 and 500 series must be put out to pasture—at least for Ethereum mining purposes. Unless you intend to mine other altcoins and can find an RX 580/570/480/470 at a good price, you should shun the rip-off prices that sellers often charge for these cards.
Set up SSH: If you’re going to set up SSH, there are two important things you need to do. Firstly, set up port forwarding on your router, so that traffic redirects to your rig. Secondly, use the below commands, to change the SSH port to something different e.g. 2221. While this won’t stop an attack if there is a port scan, it will reduce the possibility of an attack by a crawler. You can also consider using private & public keys to 100% ensure that only you can access the rig.
Another aspect to take into consideration when choosing the right cards for mining is power consumption. Since you’ll be running the miner 24/7, its running costs will build up if you’re using power-hungry hardware, so skip on bling bling and fancy features like RGB lights or other things that can drive your power consumption up. Make sure you don’t cut corners on cooling, though, as you’ll need to keep the cards running in mint conditions to get the best performance. Also, since mining certain currencies such as Ether relies more heavily on the memory, opting for cards with superior memory chips will get you better results.
What all cryptocurrencies have in common is their primary operating principle: they all rely on a decentralized network to store transaction information, which basically makes all transactions publicly accessible and incorruptible. This network is usually known as a blockchain, and consists of blocks that each contains information about multiple transactions. When a transaction is initiated, it needs to be included in a block and verified for authenticity; the verification part is done through complex computations performed by – you guess it – miners.
I reckon just try running Claymore and see what it says. I’m not up to date on Ethereum mining but I heard that the ETH blockchain has gotten too big to sync normally. I don’t know how miners are handling that but presumably some kind of pruning or other solution is used.
When you first boot it up, you must have a single GPU connected to the x16 slot closest to the CPU. The initial boot up will take a few minutes. Once that’s done, you will need to change the remote and local config files. To help with this, gpuShack has a fantastic knowledge base. Of course, if you haven’t yet, then you will need to get yourself an Ethereum Wallet/ address.
Step 3: Now that you have an ethereum address and you have installed and got Ethminer up and running you need to tell ethminer what to do – and this basically means telling ethminer to connect to your mining pool and telling the mining pool where to send your mined altcoins – your address.
The mining demand has driven prices well above their normal retail price. That said, the card achieves a hashrate similar to the GTX 1079 Ti and 1080 models. And it’s a fraction of the price and lower power consumption, at least compared to the 1080. However, you must keep in mind that this older technology will have a lower resale value than these Nvidia models (once it’s no longer suitable for mining).
I’m wondering why EVGA’s 1080 Ti FTW3(both air and air and water cooled) have a dual BIOS if that is the case which I am fairly positive it is. I guess we just have an extra level of protection if we update the BIOS incorrectly.
Hello, I have made a research on all forums I know (and in google too) to find all alive Ethereum Mining pools. I have made a table with all of them with real time updating. Find the best pool for you using ping and fee information. Less ping is better. Hope you find it useful( spent a couple of days to make it) visit https://investoon.com/
The first pool you might wan to check out is PooLTo.Be Ethereum Pool. Still not a large number of miners and a lot of hashrate, but it supports ETH Stratum proxy as well as regular getwork mining and there is still zero pool fee for some time. The minimum payout threshold is 0.2 Ether and payouts run every 2 hours and the pool has already found a couple of blocks.
The other more recent launch in the fork of a dedicated Ethereum mining pools that you might want to check out is DonkeyPool. The pool apparently only supports getwork for the moment and it has found a few blocks already, though the number of miners and the hashrate is not that big yet. The pool will run without a mining fee until June 15th, 2016, then the fee will be 0.5%. The payouts are made once a day if a minimum 1 ETH balance is available.
Therefore, when you go out to look for the best mining GPU you can find, you should think about the memory the GPU features, as well as its power needs and cost. It’s important to consider the GPUs value, because when you start mining for Bitcoin or Ethereum, you won’t be yielding large amounts of cryptocurrency to start. You should therefore try to mitigate your initial costs as much as possible to maximise your profits and start making your initial investment back as soon as possible.
With so many mining pools at play in the market, solo miners are finding it more difficult to get blocks to process and the Ethereum mining rig that a solo-miner uses, needs to have massive processing power to be able to compete with the pools, which can be very expensive.
In a blockchain, transactions are added in a block, then the block is closed and added in the chain. After that a new block is open. In order to maintain the consistency over the network, only one miner can close a block in a specified moment. That miner is the one which solves first the hash problem and finds the winning solution. Then it closes the block and signs all transactions, getting the block reward along with all transaction fees.
New UserHello, could someone help me out to solve issue with SimpleMining OS, this is what I’m keep getting when I boot up SMOS, any ideas on what could be wrong, I’m just tired of mining on windows (i.redd.it)
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.
Any personal computer can be used for the mining of ether, as long as the device incorporates a Graphic Card (GPU) and having at least 2 Gigabytes of RAM. Mining on Central Processing Unit (CPU) is simply a frustration in exercise; it incurs a lot of time with very minimal profits.
This video card can be tweaked to run up to 32Mh/s when mining Ethereum. However, it really shines when mining Zcash at 715 sol. It tends to cost a fair bit more than the 1070, though. The Nvidia GTX 1080 Ti would be my choice if the previous 4 GPU’s listed were unavailable or if my primary goal was to mine Zcash.
Step 15 CPU mining: Type in ethminer and press “enter” and you will start mining with your CPU. Again you will need to create a DAG file the first time you do this which can take some time. But after that is complete your Geth program downloaded in step 1 should start talking to your ethminer program and you should start mining!
There are various types of GPUs in the market right now, but all are not the same. There are some that possess higher hash rates as compared to others. On the other hand, some consume more electricity than others. The most important thing to do when selecting the most effective GPU is to create a balance between how much you are willing to spend on the electricity and the GPU itself, against how powerful you want your rig to be. The costs of GPUs mainly vary by each country. This is due to the fact that most GPUs are merchandised on popular online retail stores like eBay and Amazon.com. Getting a GPU in a country where these retailers ship to will be very easy. For most miners, the determining factor is electricity.

One Reply to ““ether mining rig profitability best””

  1. Ethpool and Ethermine operate with two separate websites, but contribute to the same mining pool; it is probably a merger. This pool accounts for about 25% of all the hash rate power on the Ethereum network. It can be regarded as the biggest mining pool for this cryptocurrency, and they charge an amazingly low fee of only 1% of the miners’ reward.
    I have also just started mining, I think I have connected to Dwarfpool using the command line ethminer -G -F http://eth-eu.dwarfpool.com:80/MyWalletAddress How do I check that I am actually mining ether and that it is going to my address? how long should it take before I get some Ether in my mining wallet?
    Today we are going to talk about Ethereum Mining pools.  Ethereum is a public, open source platform built on a blockchain technology. Ethereum is a public computing platform that comes with a specific feature or function called Smart Contract. Ethereum makes use of a decentralized virtual machine known as the Ethereum Virtual Machine (EVM). This machine executes scripts with use of nodes, which happens to be public and international. Using Ethereum, a cryptocurrency token known as ether is provided. This token can be transferred to several accounts. It is used to reward nodes who performed in certain computations.

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