“ethereum gpu mining hardware”

“ethereum gpu mining hardware”

The best advice is usually to just pick up whichever 570/580 card you can get your hands on for the least money, as mining speed differences between brands/models are pretty small after optimization. These 8GB MSI RX 570 cards are $220 each as of 11/29/2017, and I’m running mine at 28 Mh/sec without pushing them too hard.
Very much appreciate what you’ve done so well here, THANK YOU! Very clear … the only thing I wonder on the open-ended contracts is how long does the initial investment carry you? Obviousily on the 2-year leases it’s a fixed time, making it easy to calculate. Any idea? Appreciate it – Thanks Again.
Taking several points across Etherescan’s historical chart of the difficulty factor, we were able to run an exponential regression. This gives us an exponential growth factor that describes the increasing growth of the difficulty of Ethereum mining:
Currently, Ethereum uses the Proof of work (PoW) system- this has been the arm supporting blockchain technologies like bitcoin and Ethereum. Proof-of-work refers to the solving of complex equations, which is a basic requirement for a miner to clear for their block to be added to the blockchain. This system has been picked apart for the environmental damage and electric cost it generates. However, through the use of the Dagger Hashimoto algorithm, Ethereum created a way that permits simple home computers to mine efficiently with little expenditure necessary.
Mining is for fiat eventually. However, that point isn’t dictated by anyone but the holder. The asset is non-depreciable and will be worth the market price 1 month, 7 months, 3 years, 6 years, etc. down the road. Results for “profitability” will vary drastically based on that market price. Hence, these calculators are only as good as the values they use and the parameters they are given, which in this case, don’t account for market appreciation (or depreciation, to make the inverse argument).
The estimated expected cryptocurrency earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool’s efficiency. If you are mining using a pool, the estimated expected cryptocurrency earnings can vary greatly depending on the pool’s efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected cryptocurrency earnings can vary greatly depending on your luck and stale/reject/orphan rate.
This card has a great deal of fast VRAM, so it will ensure that it’ll be able to mine Ethereum for years to come. However, by the time the DAG increases over 10 (or even 5 or 6) GB, it’s very likely that far more efficient miners will be available. The card’s high upfront costs and considerable power draw mean that it will take some time to reach profitability.
Never underestimate the power of the Radeon RX 400 series. The Radeon RX 480 is not only the cheapest GPU in this list, it is also easily the most economic GPU. This card has a hash rate of 25 MH/s while only drawing 150 W at max load. You’ll make over $700 USD annually per card! Comparitively to the RX 580, this card is an awesome Ethereum miner!
As we have seen with other popular cryptocurrencies such as Zcash, ZenCash, Monero, Dash, Litecoin, and Bitcoin, mining profitability is always directly related with these factors (see our guide on Ethereum mining profitability).
Ethereum introduces a host of new features over the original cryptocurrency, Bitcoin. These features include smart contracts, faster transaction times, and the ability to host applications the Ethereum network. Read more about Smart Contracts and all the additions Ethereum has over Bitcoin!
2. What PSU valtage do you recoment since both the logic that you used with the 20% rule and this calculator by OuterVision (https://outervision.com/power-supply-calculator) (the same as the CoolerMaster one) is suggesting that you buy “bigger” PSU? (GPUs use a variable of 150, meaning around 1000 and then adding the processor and the 20% rule getting us at 1600W PSU or 2x650W PSUs) And since we are the the PSU topic – what brands do you recommend and do you recommend getting 2 PSU in the first place?
When it comes to cryptocurrencies, they need to be mined as well. This mining is computational and is done by specialised computers that solve very specific math problems. In the case of Bitcoin, only a finite number of them will ever exist – 21 million. So it is possible to solve these math problems, and receive Bitcoin in return till this number is reached.
Every Ethereum miner needs to plan in terms of mining rigs and their power apart from budgetary provisions for covering electrical expenses. You should also be aware that consumption of electricity is a significant aspect of Ethereum mining and therefore miners in certain countries such as Iceland or China are able to able to achieve greater cost efficiency due to relatively cheaper electricity in these countries.
You are probably aware that Bitcoin cloud mining had a few issues in the past. There were a lot of companies that were deceptive. They pretended to have mining facilities, often taking photos from other providers and claiming them as their own, but in reality, they did not own anything, and they just took your money. Cloud mining providers often disappeared with your Bitcoins (we already lost some money when we tested various cloud mining providers for our readers).
CryptoUniverse was founded 2017 with the goal to revolutionize the mining hardware market. Currently, the main focus lies in the distribution of Bitcoin Mining Hardware from Canaan.io and GPU-Mining Equipment for the European market. Cryptouniverse also offers consulting and large-scale mining equipment deployment for mining farms and other businesses.
Sorry for the long reply, but here are devices that do what the website i sent you do to your exact site instead of the average of the zip code used. The first one i list is one that i used when i taught PV (photovotaic) system design classes at the local community college. Honestly, the website gives a solid number that can be adjusted to fit the locality better and i am always happy to help with anything like this since i have 7 years of PV design experience:
One development that will certainly excite miners in 2016 is ethereum mining. Ethereum is the hot new cryptocurrency that has soared nearly 1000% in 3 months, according to the New York Times. Hashflare.io is in the Ethereum game as well.
You say the Vega 64 does 41 MH/s on 135 watts – but 2 – GTX 1060s can do 46 MH/s on 140 watts and costs less…. so not sure about ‘dominating’ the competition. They are definitely a worthy option, especially if you have limited GPU slots on your motherboard.
Due to the massive demand for Ethereum mining rigs you’ll see cards sold out at most retailers (Nvidia has even put out a statement about it). If you’re willing to pay a premium you can find them at a higher cost but we recommend finding the cards for their retail price. The GeForce 1070 is easier to find from our research.
Like most Bitcoin fans out there, I talk about Bitcoin a lot. From the person sitting next to me on the plane to the waiter serving my table drinks, every chance I get I end up talking about Bitcoin. This isn’t something I intentionally force on people, it’s something that just naturally ends up fitting into so many different conversations and every time a Bitcoin conversation starts, I eventually am asked the same question…
Energy-efficient What You Need For An Energy-Efficient Gaming PC What You Need For An Energy-Efficient Gaming PC Gaming computers are some of the most powerful consumer PCs on the market. Though beefy dual-processor workstations exist, they’re for work rather than play. People who buy a powerful computer for personal use usually do… Read More cryptocurrency mining saves you money, saves the planet, and can make you money. The trick is to maximize your hash rate per watt or reduce your system’s overall energy footprint. Here are the components and configuration settings needed to maximize your computer’s energy efficiency for mining the cryptocurrency Ethereum.
Mine altcoins like UBQ ETH ETC ZEC XMR. Here’s a hardware stack-up of mining rig components to consider while mining Ethereum-based altcoins. Items present have been specifically chosen to work together in order to simplify the task of building your mining rig.
To start mining with your GPU, key in ‘ethminer –G’ followed by the enter key. This will initiate the mining process after building the DAG ((Directed Acyclic Graph), which is a large file stored in the RAM of your GPU for the purpose of making it ASIC (Application Specific Integrated Circuits) resistant. Ensure that there is sufficient space on your hard drive before getting to this point.
The parameters can vary significantly between operators. Our advice is to always start with small investments and increase the investments over time. Read our blog and first page to see the latest updates.
Good article but only half written. It does a great job explaining the key inputs into the analysis of profitability but it did not actually follow through with any such analysis! It just says at the end “yes it’s profitable but switch to monero after PoS” with no basis to justify the claims of profitability.
I have continuous payouts for about two months since I joined the mining pool. The dashboard layout is convenient and user friendly. Despite being a novice regarding cryptocurrency, the overall experience is pleasant.
As we are assembling 6 GPU ETH mining rig you will need 6 of them. If you are low on budget you can always start with 4 of them and periodically increase them. GTX 1070 uses 150W of power which is also great.
The Radeon RX 480 is most arguably the most economical in terms of cost and saving electricity. Its power cost per day is significantly lower than the two that I have mentioned at $0.4320. Its hash rate is 25.0 MH/s, meaning its cost per MH/s is $7.96. This gives a return per day of $1.21 and therefore a return per year of $440.91. Radeon RX 480 will cost you $199.
AS THE bitcoin price continues to fall, sceptics have started to wonder what will happen to the industry underpinning this digital “crypto-currency”. Around the world, hundreds of thousands of specialised computers have been built to create (or “mine”) bitcoins and, in the process, validate transactions and protect the system. How does bitcoin mining work?
I was sure Cloud-Mining is more profitable, because of the high Ethereum price. If I would buy 10 Ether today, it would cost me about 2300 $. I can get the same amount of Ether much cheaper with Cloud-Mining. With around 37 MH/s Ethereum Mining Power, I will get over 10.4 Ether after 1 year and it only costs about 1090 € at Genesis Mining and it is mining 2 years. So after 2 years you will get about 20 Ether back for only 1090 € instead of 10 Ether for 2300 $ if you buy it today directly.
Nvidia GPU’s:  To get the latest Nvidia GeForce drivers go to https://www.geforce.com/drivers and then enter in your card info and click “Start Search” and then download the current version from the results.  
The latest news in the Bitcoin space is one that has been in the making for four years: the Winklevoss’ twins Bitcoin ETF will soon be accepted, or rejected, by the Securities and Exchange Commission (the SEC). This decision will leave ripples in Bitcoin’s history, and it’s the first step to legitimizing Bitcoin’s acceptance with the general public.
With all of that said, the 8GB versions of the cards tend to have faster-clocked memory than most of the 4GB cards, so if the price difference isn’t too large, spring for whatever is the fastest. Most of the cards fall between 1650 Mhz (6600 Mbps effective) to 2000 Mhz (8000 Mbps effective). The slower 1650 Mhz memory GPUs will hash at 21-23 Mh/s, and the fastest 2000 Mhz ones will do 25-28 Mh/s (both can potentially be pushed higher with BIOS mods and good luck).
Hi Bhavesh, OK, this seems to be a fairly common error but it’s beyond my capabilities to diagnose precisely from that log. I’ve seen a variety of solutions to this issue proposed on various forums: https://ethereum.stackexchange.com/questions/18806/couldnt-connect-to-node/23153#23153 https://github.com/ethereum/mist/issues/2426 https://github.com/ethereum/mist/wiki#unable-to-find-peers I suggest starting with the simple solutions first before trying the more advanced stuff. So if using Windows, start things up in Administrator mode. Then try starting Geth manually with the –nat=none flag. Then try starting from the command line as someone suggested. You can also backup your data directory, rename / move it, and let the wallet resync itself… From there,… Read more »

One Reply to ““ethereum gpu mining hardware””

  1. It’s also never too late to start mining. New cryptocurrencies are created everyday, so in the future, if the top currency’s difficulty is too high, you can always choose a different currency. But if it does come to the point where you can’t mine enough currency to pay back your power bill, you can always sell your rig and make most your money back that way.
    Windows: Install Windows 10 64bit, go for the default installation, disable whatever you don’t need. Set up an Internet connection and download motherboard drivers from the official website. Go ahead and install all the drivers offered by Asus.
    The latest news in the Bitcoin space is one that has been in the making for four years: the Winklevoss’ twins Bitcoin ETF will soon be accepted, or rejected, by the Securities and Exchange Commission (the SEC). This decision will leave ripples in Bitcoin’s history, and it’s the first step to legitimizing Bitcoin’s acceptance with the general public.

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