“ether mining with geth best”

“ether mining with geth best”

Hey I have been following the above guide and also the guide on how to mine ethereum from cryptocompare but i just started using parity instead of geth t download the block data. Currently running a Nvidia K80 on a vm and I get only 13MHz hashrate, also I see that only 2GB (2001MiB) of the GPU memory is being used (I think total memory is over 50GB). Am i doing some mistake coz i was expecting hashrate in 100Mhz?
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.
Therefore, to enhance their odds, small miners should band together via mining pools that combine their computational ability to hash blocks. With combined computing ability, mining pools will solve a block more rapidly and distribute the reward to the miners in the pool according to the amount of work incurred in providing a solution. Over time, the individual miners within the pool will realize the benefits, especially when ether prices keep rising.
This is another great graphics card for mining, although it pulls more power than the 1050Ti and has a steeper starting price, it pays off with its large hash rate bump. This card also has an external power connector, so you will not be able to plug this into any old desktop computer. However, this card is an excellent performer on the ETHash algorithm, as well as EquiHash. Keep in mind that if you choose the 3GB variant you should know that in the future, you will not be able to mine some coins on the ETHash algorithm due to how the algorithm functions; where the DAG file is stored in the GPUs VRAM. Even though this shouldn’t be a problem for a long time, it is worth noting. You can check the DAG size for many popular coins on this website.
Forget graphic cards that aren’t going to live up to next generation games. This card is capable of turning even the most demanding games into an incredible cinematic experience that is fluid, crisp, and breath-taking. This graphics card features FreeSync, which works at the speed of your game for great responsiveness and unparalleled smoothness. If you’re looking to improve your Ethereum mining equipment while staying on budget, this is a great option, as it is priced under $120
Step 5: You need to tell your Geth program to create a new account. As you have installed it in your user directory in Step 2 then it is just simple case of typing in “geth account new” and then pressing return/enter. This should look like this “C:\>geth account new”. 
If you want a local address, then download the Mist wallet, let the blockchain sync and create your account there. Alternatively, download Geth, and save it to a folder such as C:Ether. Then type “geth account new“. Whichever method you go for, make sure that you save your password with a secure software such as KeePass.
After you have bought your ethereum mining rig, your next step should be joining an ethereum mining pool. These are groups of miners that work hand in hand to mine ethereum. Probably the most important reason as to why you should join a ethereum mining pool is; one, to lower the number of your payouts by giving you a smaller but more frequent payment as compared to receiving a lump sum whenever a block is solved.
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.
Also, this calculator shows that DAG size will only reach the point to render 3GB unusable around the end of this year (block ~6.9 million, epoch 231), not epoch 180 like shown in the article. Not sure which to trust…
There are several aspects to take into consideration when choosing the best GPU for cryptocurrency mining, but the most important one is hash power, or hash rate. Hash power refers to the card’s performance when it comes to solving the algorithms that make up the blocks, so the higher the hash rate, the faster the card can crunch through the numbers and collect the rewards. Hash performance is measured in hashes per second (H/s), but the mega multiplier is commonly used, so a card’s performance is usually measured in mega-hashes per second (MH/s), which stands for millions of hashes per second. Giga-hash and terra-hash per second (GH/s and TH/s) are also used sometimes, and stand for one billion hashes per second, and one trillion hashes per second, respectively.
The rest of this guide focuses on the hardware side. For further help setting up an Ethereum wallet, join a pool, and use your miner. These steps are detailed in our beginner’s guide to mining Ethereum.
Well miners are not looking at mining only etherium but other alt coins also. So 1070 or 1080ti is better as the difficulties of hashing increases.1080ti still be solid card and it will be still be able to mine decent profit levels and its much better also at other algorithms.
However, once you have your GPU cards, they will need power. Therefore, the second most important factor is how much your card will consume, and how much you’ll need to pay for this. In order, to calculate this, you’ll need to find out how much power it uses and how much you need to pay per KW/h. These are respectively 150W and $0.10 per KW/h for me. To calculate the per hour cost just convert W to kW (by diving by 1000) and multiply together, so for me the rig would cost 0.15*0.1= $0.015/hour to keep alive. This amounts to $0.36/ day or $10.80/month.
In fact, a group of companies and universities has formed a nonprofit expressly to legitimize Ethereum; promote it as an open-source platform and not a commercial enterprise per se; and develop and support those applications that run on it. And these are not rinky-dink startups — we’re talking about major technology players like Intel and Microsoft and financial behemoths like JP Morgan and Credit Suisse.
My single most important piece of advice to miners is to make sure you have a near 100% uptime, because if your miner shuts down while you at school, work, overnight, or while you’re on holiday you will lose out on gaining a large portion of your profits. One of the easiest ways to secure your stability is to have safe overclocks, and by testing your rigs. Instability can often be caused by too high of an overclock, or by faulty risers. I also highly recommend the EthOS Linux Distro. EthOS is an operating system specifically made for mining Ethereum and other cryptos alike, such as ZCash, Monero, and many more. The OS is extremely stable and if your rig crashes, the OS will boot up and start mining straight away. The OS also supports up to 16 AMD or NVidia graphics card, which is a huge step up from Windows, which supports a maximum of 8.
If it’s ultimate performance you’re looking for, the ultra-rare AMD Radeon 295×2 if the answer. Pumping out hash rates 55-60 MH/s, this card simply crushes everything else out there, despite the fact that it is three years old. What makes this card so great for mining Ether is the fact that it features 2 physical GPUs on one single board, being the most powerful dual-GPU solution AMD released to date (if we overlook the Radeon Pro Duo, which falls into a whole other category and price range, well north of $1,500).
I would also recommend you buy an SSD as it is a just little bit expensive than HDD. So, you don’t have to buy any 240 GB SSD or; higher 120GB is enough. The only things that will be going on the SSD will be OS, Drivers & mining software.
Is Ethereum mining profitable? This is one of the most asked questions about ethereum mining. The response is not so simple and clear because not all the parameters can be anticipated. Profitability depends on the hashrate and on the price of hardware and electricity but also on Eth price and on the how many other people are mining in the network. While most of the parametes are steady the last 2 are can change from on day to another.
Once you build trust into hashflare you can also pronounce it to connections or associates. I personaly have many links who invested into hashflare. You can make a make a also of of an easy 10% commission for each attain your referral makes. Be innocent to check out their affiliate system.
Pool fees are usually pegged as a percentage and you have to foot the payout costs, which will be deducted from your earnings. While mining from a pool is advantageous if you don’t have the heavy mining hardware, the rewards and the pay you get might not be equal to what you’d have received if you mined solo. Some pools may pay you, plus all rewards while in others you might not get paid for uncles.
However, you can’t use any GPU. Some are better than others when it comes to mining. For example, the GTX 1060 is a great GPU for gaming, but it’s not the best mining GPU on the market in its price range.

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