“ether mining software mac”

“ether mining software mac”

Now, the total amount I’ve invested so far in my GPU mining rig is $1,365 – and currently, it gives me a hashing power of 41 MH/s. Again I haven’t yet calculated precise electricity consumption, but for the sake of this experiment, let’s assume it’s 300 Watts.
Install your GPU Drivers like you normally would (Next, next, Ok, etc.) and reboot.  Afterward, you know your GPU’s are recognized correctly if you go into Device Manager (search in Windows search bar) and you don’t see any warning marks on your GPU’s and it shows them correctly like this:  
So if you’re looking for a way to pay off some new gaming GPUs, you could technically mine them for a few months to pay them off, but if you’re expecting to become an Ether millionaire, and you don’t have a massive operation already–it’s probably a pipe dream.
We’ll be seeing ETH go PoS this year, meaning there’s 1million+ graphic cards switching from ETH to other coins as well. This will create huge chaos for sure. Once that happens i hope miners have gotten their ROI
Mining   This is the process by which new blocks are created and all Bitcoin transactions are verified. Mining is actually a poor name for the process taking place, but caught on due to the hope of completing a block and winning the attached Bitcoin reward.
Mining Ethereum at this point requires a 3GB GPU because of the size of the DAG file. DAG stands for Directed Acyclic Graph and is essentially a database of the existing blockchain. In order to mine the next block, your hardware needs to be aware of all the existing blocks. As of this writing, the DAG is just over 2GB, and it only gets bigger with each new step, which happens at least once a week. The vast majority of miners load the entire DAG into VRAM. Without sufficient capacity, the GPU can’t even begin mining operations.
Ethereum can be mined by using GPUs as the same cannot be applicable in case of Bitcoin mining. Ethereum has an ASIC resistant algorithm that facilitates use of GPUs and dedicated processors resulting in a cost efficient and user-friendly mining process.
Carefully weigh your options, but whichever card you decide on, be prepared to spend a lot of shopping time at the various retailers and resellers. Only if you keep in mind your budget and power costs, you can hope to find that coin at a “fair” price.
First of all I would like to thank you all for your support. I really appreciate your interest in the project and the final products. To make things more simple and transparent, I’ve decided to keep this journal for those of you who are waiting to order the rigs. I know you want them ASAP ? and I thought time will go faster if you see how is everything going and how long will take until orders are available. Do let me know if you have any kind of recommendations or positive criticism!
Note that your Ethereum mining software will treat the HD 7990 as two separate GPUs with 3Gb RAM each, and miners with 2Gb GPUs have recently encountered some problems with the growing DAG file size 2Gb cards stopped working – 13/03/2016.
Mining capability is measured in the number of attempts to find a block a miner can perform. Each attempt consists of creating a unique block candidate, and creating a digest of the block candidate by means of the SHA-256d, a cryptographic hashing function. Or, in short, a hash. Since this is a continuous effort, we speak of hashes per second or [H/S].
Miners perform solving of computationally complex problems and are rewarded Ether in return for their effort, time and processing power of their computers. Its basically like how you used to play video games and after winning each level, the next level gets unlocked. Similarly, the game here is mathematical puzzles and new levels are blocks in the blockchain.
The thing is Ethereum is the cryptocurrency which is ASIC resistant; i.e you cannot mine it with any ASIC you will have to mine it with graphics cards. I have also inserted Amazon links as it may help you buy them.
Experimentation with various GPU selections in the calculator will reveal a card with the best price to performance to power consumption combination (expressed as MH/s per Currency Unit). Keep mind that AMD cards outperform NVidia for cryptocurrency mining purposes.
Some numbers – running ethminer on my CPU gives me a hashrate of 0.248 megahashes per second (MH/s). For comparison, each of my over-clocked AMD R9 390X GPUs gives me a hashrate of about 31.58 MH/s. My GPU gives me 127x the hashrate of my CPU. It is a lowish end CPU AMD FX(tm)-6350 6 core processor and with motherboard + CPU + disk drive + fans consumes about 200 Watts, or 4.8 kilowatt-hours (kWh) per day.
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Another way to look at the increasing difficulty is that you could say, well it just means it takes 10x longer to compute the hashes compare to 6 months ago but you still get ETH at the end, it just burns a bit more electricity getting there (well 10x is quite a bit more…) Remember also that at least with cloud mining the contract is limited to 2 years – for example if your first 1.5 ETH takes a month to mine, second 1.5 ETH takes 2 months to mine, and your third 1.5 ETH takes 4 months to mine then you’re never going to see anything like 36 ETH at the end of 2 years, you just run out of time.
On the downside, you can’t just slap a picoPSU into a case without making modifications. For example, I had to run the DC power jack through my case’s three-pronged female port. On top of that, picoPSUs usually only support a single SATA-powered device. If your case places its storage drives in odd places, you might also need an extension cable.
As you can see here, our hypothetical mining rig is more efficient and profitable than some of the best mining equipment on the market right now. We are assuming four GPUs that mine 40 MH/s each. The hardware specs are four GPUs, plus a processor, a motherboard, and a power supply rated at 1,000 Watts of electricity. The cost of this rig would be approximately $3,000.
What kind of GPUs would you use? Do you have any examples? I’ve heard of external GPUs for workstation docks. In theory, it should work, since cryptomining generally runs off the GPU and doesn’t use the CPU very much.

One Reply to ““ether mining software mac””

  1. Although, Radeon RX 480 may not compete with earlier versions of Graphic Processing Units of Ethereum mining in terms of hash power ratings, it enjoys excellent popularity due to its impressive economy. Radeon RX 480 offers outstanding power economy to compensate its lower hash power of 25 MH/s. The cost efficiency of Radeon RX 480 is higher than aforementioned GPUs for Ethereum mining and consumes just about 150 Watts. As far as the RAM is concerned Radeon RX 480 is packed with 8GB GDDR5 RAM. Total cost of Radeon RX 480 delivers excellent economy as compared with majority of Graphic Processing Units for Ethereum mining.
    I think you also brought up in an earlier convo the point that the current stock has essentially sold out worldwide, so difficulty can’t keep increasing at the current rate. If there’s no new hashing power in the world that people can purchase and put online to hash ETH, then difficulty can’t keep increasing at the current rate. This difficulty “plateau” would be necessary for the 6-8 month, or even a 12 month ROI – and I certainly hope it is the case. Of course if nvidia’s volta comes in May or AMD comes out with midrange vegas or increases the supply of polarises then people will likely soak up all the GPU’s and difficulty will increase until it’s game over and it’s not even profitable vs. electricity.
    The value of Ether currently stands at around $950 and it is a more or less profitable venture for beginners as well 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.

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