“ether mining uncle”

“ether mining uncle”

My guess not too much. There was too much momentum behind GPU buying. All those people who preordered cases of GPUs will likely want to use them regardless of how bad the market looks when they get them. Especially if the resale market for GPU’s dies off which I think we will start seeing pretty big declines in prices in the next few weeks.
Now, what about the furniture? We have invited a specialist to discuss what we need in the office – stuff such as a coffee table, a desk for monitors/laptops, some shelves for documents/invoices and a couple more things. Check future pictures to see what furniture we’ve picked ?
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!
That is a shame about the barrel jack adapter. Because there are a lot of different sizes and shapes for barrel jack DC plugs. In general, all the picoPSUs that I’ve seen use the same connection standard which is 5.5mm outer diameter and a 2.5mm inner diameter IIRC. They do differ in their efficiencies, but in general, there are so many no-brand suppliers out there, it’s better to just pick a reputable importer and buy from them. My go-tos are QuietPC and MiniBox. But there are many other importers out there.
Yes, Ethereum Mining is still profitable when it comes to mining on large scale. In modern technology world, the Ether and cloud mining prices are the most important factors that need to be considered while mining ethereum or various cryptocurrencies. Hashgains provides the excellent ethereum mining services at an affordable price. Hashgains mining platform simplifies the Ethereum Mining process and provides the newly mined coins in the simple and easy ways.
A lot of average cryptocurrencies users would like to get into the mining economy, but they lack the technical knowledge of setting up specialized machines. Currently, it is also costly to mine Bitcoin as for the competitiveness. As such, cloud mining is far more convenient than operating own crypto mining hardware. The high-quality equipment allows the mining process to achieve maximum efficiency and makes the contract prices affordable. At the current time, forecasts show there is enough time to receive a decent return on investment (RoI) for ETH.
Using the growth of block difficulty, we can calculate that over a period of one year, the difficulty factor will grow from 2,280,210,891,539,710 to 11,880,071,363,893,300. We do this by using the fit of the difficulty function and assuming this fit will be true for future values.
You can get plastic crates in most home improvement stores if you don’t want to ship it from Amazon (it’ll be cheaper, too!). I picked mine up at Lowe’s for under $5 each. You should be able to get everything else on the list at Lowe’s if you happen to have one near you, too. As far as tools go, you’ll need a drill and a knife capable of cutting into whatever plastic crate you buy.
Der 2 Jahresvertrag bietet eine durchaus gute Chance beim aktuellen ETH-Kurs. Er ist eine gute Alternative zu den derzeit nicht verfügbaren BitCoin Livetimeverträgen. *Bin immer wieder gerne bei Genesis Mining*
Honestly I thought daily payouts would be a bit faster since it is cloud mining and not a crypto faucet. But all in all,.. I’m hoping it gets me all the way up to 1.0 bitcoin and higher very quickly,.. so I can upgrade to the platinum contract with the bitcoins i make from these contracts I purchased,” both the SHA-256 Lifetime Contract and the X11 Scrypt 1 Year Contract”. Then what I make from the Platinum I will use to upgrade to the diamond contract and if all goes successful well and as planned,…I’ll keep purchasing diamond contracts from you guys to maximise my profits. I also have to wait 30 days to receive payouts which is disappointing because I paid with a credit card :(. But I will definitely give “Genesis Cloud Mining” services 5 stars when I start seeing real results like complete whole Bitcoin payouts straight to my electrum wallet address,..from {1.0 to 5.0 bitcoins} and higher. Allowing me to easily move on to the next contract instead of Just receiving small bitcoin amounts like satoshis. But nonetheless I give it 4 stars based on quick product delivery and almost instant results. This is a Promising cloud mining company and so far so good.
Those of you who are tech savvies and mine for fun more than for money have no issues making your own rigs and getting the most out of my tutorials. However, many of you have been struggling to get your rigs on track and hashing as intended.
Thank you for your interest in this question. Because it has attracted low-quality or spam answers that had to be removed, posting an answer now requires 10 reputation on this site (the association bonus does not count).
If you believe in the Ethereum concept (despite the failure of the DAO and doubts regarding the viability of Ethereum’s approach), you can support and gain voice in the Ethereum network through mining.
Ponder is simply a decentralized matchmaking platform where people can easily make and access high-quality introductions at scale. Ponder is a platform where people are incentivised with financial rewards and game mechanics to take up the task of cre…
You suggested the usage of the GIGABYTE 1070 with the model number #GV-N1070WF2OC-8GD, however, on Amazon (at least on the German Amazon), the power usage of it is noted as 500w and I don’t really understand how six of those are supposed to work together with a PSU with 1000w. Is that information simply wrong or am I missing something?
Now replace “” with your Ethereum Wallet address (which starts with 0x…) so copy that from your other text file and paste it here.  Then replace “” with any name you would like to create for your miner.  We’ll use “MiningRig1” for our example, so you now have:  
So you just found out about Ethereum mining and looking to build your first Ethereum mining rig. This guide will walk you through choosing GPUs, hardware, and what software to run for mining Ethereum.
FinCEN   The Financial Crimes & Enforcement Network functions under the authority of The United States Department of the Treasury. FinCEN is the portion of the agency charged with combatting money laundering and other illicit financial practices. They are currently one of the lead agencies trying to figure out how to regulate and monitor the flow of Bitcoin.
Constant hash power for a fixed two-year price? No hassling with hardware? Easy setup? Start mining instantly? Where do I sign up?! Oh, right here! Did I mention that they have a great support team with prompt responses? Crypto mining doesn’t get any simpler than this. Genesis Mining is a no-brainer.
As more miners join the network, the mining difficulty increases, and therefore you receive less Ethereum for the amount of energy spent to solve one problem. As data suggests, Ethereum block difficulty increased from 171 TH/s(1 Trillion hashes per second) to 1714 TH/s in 6 months in 2017.
Ethereum’s Ethash algorithm is just one of several algorithms intended for optimal mining on GPUs and is used to secure the network and empowers end users to have full control of their money. This algorithm was designed to prevent the development of dedicated ASICs to mine it. SHA-256 and Scrypt are extremely compute-hungry, consequently rendering ASICs more efficient than our graphics cards (even more so than CPUs). On the other hand, Ethash is rather dependent on memory performance (timing, frequency, and bandwidth). Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrency (including Ethereum Classic (ETC), Zcash (ZEC), Monero (XMR), and Vertcoin (VTC)), which gives GPU miners enviable flexibility, in order to be able to switch between over 40 coins that are based on their current profitability.
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 in mind that AMD cards outperform NVidia for cryptocurrency mining purposes.
After you calculate the amount of kWh you will be using every month, multiply the kWh per month by the amount you pay for electricity in your country, and then you will find out the cost. Take your monthly power cost away from the value of the amount of the currency you mine to find your monthly profits. Though most mining calculators include this calculation for you, it can be very useful to find the exact amount you will be spending on power.
5) Spend the extra $ and get a CPU that supports hyperthreading. It will cost you $80 instead of $50 but I have 1 rig that uses a 2 core 2 thread processor and I can’t do anything else on it effectively while its mining. Not that you’ll use it for much else but sometimes you want to research on the web using the machine you are trying to tweak and not having a fast enough CPU makes that frustrating.
This entry was posted in Cryptocurrency Mining Rig, GPU Mining Rigs, Mining Rig Guides, Photos of Mining Rigs, Videos of Mining Rigs and tagged 1070, 6 gpu mining rig, amd, custom mining hardware, custom mining rig, ethereum, ethereum mining hardware, ethereum mining rig, ethereum network, gpu mining, mining for ether, Mining Rig, mining rig case, mining rig frame, Motherboard for Mining, nvidia, open case, rx 470, rx 480 on March 1, 2018 by Josh.
Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new units available to anybody who wishes to take part. An important difference is that the supply does not depend on the amount of mining. In general changing total miner hashpower does not change how many bitcoins are created over the long term.
When it comes to picking GPUs, you want the select the best bang for the buck.  You’re looking for something with high hash rate, low cost, and low power usage.  You can start with as little as 1 GPU or as much as 7 GPUs within one rig.  Normally you see 5-6 in a mining rig as 7 is incredibly hard to make stable.
Exactly. Difficulty is goig up, price is going down, and to add more insult to injury the resale value is terrible. 6 months ago was a great time to get into mining, but today you might not even break even.
With the 2GB MSI R7 370 cards, I have no problems adjusting voltage with atitweak. Even though all my 370’s have the same BIOS version, a couple of them default to 1.163V while the rest default to 1.188V. To get them stable at 1140 core I need to run them at 1.188. So far they are the best cards I’ve found for hash/$. I picked up a few of them from NCIX as open box sales for
As the world first 28nm BTC and LTC chip maker, Innosilicon selects Genesis Ming as partner in cloud mining industry business for its integrity, excellent customer oriented service and great user interface design. Genesis Mining is the best in class mining service that is supported by our technologically superior mining hardware. This unique synergy produces the best experience for those interested in mining and we look forward to having a long and prosperous relationship.
Good points in this post. Interesting to see I’m not the only one that is thinking about this. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. Besides coinmarketcap.com there is: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. For example: https://www.coincheckup.com/coins/Ethereum#analysis For a complete Ethereum Investment research.
We’ve seen many services that offer cloud mining which look great on paper but we believe the true profitability is owning a rig. In addition to being fully in control of it you can also sell the parts afterward.
It’s finally time for an update to my popular 2013 Litecoin mining guide! It’s four years later, and Ethereum mining is where it’s at for GPU miners, so that’s what I’ve focused on. I’ve kept the same format and detail level as my old guide, so if you were around back then, you’ll know what to expect.
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Ether is necessary if you want to operate on the decentralized platform Ethereum. Payments are done in Ether to execute operations on Ethereum network. The currency avoids spam programs and keeps the network healthy.

One Reply to ““ether mining uncle””

  1. A: As long as your system meets the general requirements and has at least one GPU with at least 3GB of RAM, you can mine Ethereum.  Some Gaming laptops do have high end cards, but with the considerable heat generated from mining there could be other impacts to your laptop so it’s best to go with a desktop build.  Virtualized environments that you can rent usually do not have enough powerful dedicated GPU in them, or are simply not profitable if they do.  There are currently no ASICs for Ethereum (as it is designed to be an “ASIC Resistant” Proof Of Work hashing algorithim, so if you see ads for one – RUN.  ASIC’s are still profitable for mining some coins (Bitcoin, Dash and Litecoin), but for home built Mining Rigs, Ethereum and other altcoins are still profitable to mine (whereas Bitcoin is not profitable on a home pc – even with many powerful GPU’s do the Bitcoin ASIC technology available).
    As of writing this, with ETH priced at $1,316.79 – I would make a profit of $1.56 daily, $10.90 weekly, $46.72 monthly and $568.42 yearly. Let’s stick with the yearly data, power cost per year would be $65.70. Also, I would mine about 0.4864 ETH after one year.

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