“ethereum mining difficulty vs price best”

“ethereum mining difficulty vs price best”

You can still reinvest all of that money on hashflare. That will make you more money and extend the mining contract for another year for the specific invesment. If you invest for example $15,000 for 100TH/s (100,000 GH/s) then you could earn more then $4241,72 per week after the Week 10 and the initial investment according to the currect bitcoin price that got calculated by preev.
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.
ethpool.org is good. You do need to wait for a full block to receive a payout though. So, it is best if you have higher Mh/s. If you are 50 Mh/s or less, you may want to see ethermine.org . Both good pools.
We mentioned cryptocurrency mining several times so far, but didn’t really explain what mining is. Some may already be familiar with the term, but others might be new to the world of cryptocurrencies, so let’s go over the basics a bit.
Nanopool, is the third largest of the Ethereum mining pools, having a network hash rate power of over 11%. It also charges a low fee of just 1% of the mining reward. It has tens of thousands of miners and is trusted in the mining community. The minimum amount which can be withdrawn here is 0.2ETH, although this setting can be changed. It has a user-friendly interface.
When looking at what people had to say about the XFX Radeon RX 460 2GB Passively Cooled Graphics Card they had great things to say. People were impressed by how well it is capable of rendering next generation games without any lagging. Customers felt that with this card, they can play demanding games on the highest settings and they would run beautifully every time.
A miner a computer set up with that specific purpose in mind – to go through transactions and solve the algorithms as efficiently as possible. For their efforts, miners are rewarded with small amounts of said currency.  Mining typically requires a tremendous amount of processing power, and used to be done using the CPU or the GPU, depending on the currency. CPU mining was popular a while back, with the rise of Bitcoin, but started becoming obsolete when chips designed specifically for mining appeared. These chips, known as ASICs (application-specific integrated circuit) and FPGAs (field-programmable gate array), usually provided significantly better mining performance, and quickly became the go-to options for people looking to go into the mining business, as they outperformed CPU mining and were able to keep up with the constantly-increasing difficulty of mining. This is how Bitcoin mining slowly moved from the masses to specialized groups that were willing to invest in dedicated mining hardware.
The mining of Ethereum and other cryptocurrencies will continue to be profitable for a long time, and it is likely that after having solved the first challenges (hardware selection, equipment assembly, etc.) you will ask what is the next step. If you have decided to mine this cryptocurrency and have the necessary equipment, the next thing to do is join an Ethereum mining group (or  mining pool ).
[…] Generally, the best GPU for mining Ethereum should be one which requires the lowest possible power usage, to produce high hash rate (performance per watts). One can use a gaming graphic card to mine Ethereum, if it is powerful enough, nonetheless, a powerful GPU does not mean a better GPU. When Ethereum mining is involved, profitability is very vital, most powerful GPUs consume a lot of electricity and give less profit. Related reading, see: (10 BEST ETHEREUM MINING POOLS TO JOIN (COMPARISON) […]
When a currency (Ethereum) is resistant to ASIC mining, the average person can afford to buy a GPU if they don’t already have one. This allows everyone to verify the network instead of a select few with lots of power.
The mining demand has driven prices well above their normal retail price, but when it comes to a relatively cheap videocards with a solid performance currently available on the market, AMD’s R9 390(X) seems to beat other cards. Even though it tends to be a relatively old card (the R9 series was introduced back in 2015), it has aged far more gracefully than the more recent RX 400 / 500 series (which launched in 2016 and 2017, respectively).
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)
Geth is the underlying code for the Mist wallet and is the core service for syncing the Ethereum blockchain. Unfortunately, it is a command line service, which can make it hard and annoying to use. http://www.etherwall.com/Etherwall adds a GUI front-end to it, making it easier to use.
Compare the above to my 2 x R9 390X GPUs mining rig. Hashrate is ~ 62.8 MH/s. Again from the mining calculator, my expected earning is 1.210311 ETH (USD 14.16) per day or 8.4722 (USD 99.12) per week. Mining rig consumes ~ 700 watts. This is equal to 700 x 24 = 16,800 watt-hours per day, or 16.8 kWh. 16.8 kWh x USD .17 per kWh = USD 2.85 per day in electricity.
With every good there will be some complaints, as customers found that the product was that their card stopped working only after using it for a month. A few people have said that their card created a lot of buzzing, which was quite annoying. People have also mentioned that the fan was defective on their units, causing the card to overheat pretty quickly.
You can now test that your rig is mining using the first command, and then start mining using the second. It’s a simple as that. If you want to use a pool different to Nanopool, then, of course, replace it with your chosen one.
Besides Ethereum mining pool and Ethereum mining hardware, you will need high-quality Ethereum mining software and a reliable Ethereum wallet. I will provide more information on these in my following posts.
For the purposes of introducing some of the prevailing concepts behind the growing population of cryptocurrencies, we’ll take a closer look at the technologies behind Litecoin and Ethereum, how they compare to bitcoin and what they each bring to the table for prospective investors, miners and traders.
You may now assemble miners together, who know how to use the best Ethereum mining software, which is compatible with the mining hardware and start mining. Always remember that the best Ethereum mining pool for a miner depends on their location also. All necessary essentials must be considered if profits must be made.
Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.
I have no interest in Bitcoin mining but I’m giving this video a like because in your previous video somebody asked for this type of video and not even a week later here it is. well done mate. keep it lekker
ethOS is a stripped down version of Linux (Ubuntu 14.04 to be specific) that has the simple aim of mining Ethereum (and a few other cryptocurrencies). Not only is it incredibly easy to set-up, but it’s also easy to use and maintain. I’ve also noticed that it runs more optimally than Windows. It does have the downsides that you won’t be able to use your rig for much else, but most people don’t tend to anyway. Furthermore, remote access is only through SSH so you should be comfortable with not having a GUI. However, for $39, it’s a no-brainer in my opinion.
2. PPLNS stands for Pay Per Last n Shares. This is more of a variable number based on the luck of the pool. So, if the pool gets lucky and mines more blocks in a given timeframe, you’ll get a bigger payout. Of course, if the mining pool is unlucky, you’ll get less of a payout. If you’re mining 24/7 and don’t drop connection frequently, you’ll get roughly 4% more ETH using PPLNS vs PPS for Ethereum mining.
I have compiled a list of current prices for various Graphic Cards for use with ethereum mining. Below is a list of prices and where to purchase the GPUs in both Canadian and United States prices and markets. Also included is a calculation of the cost per Mh/s, as well as the current profitability of each GPU with power taken into account. With this we can find the best cost to return ratio for buying a GPU to mine with as of today, September 3rd, 2017. These are also all stock rates, without overclocking the GPU or making them more efficient.
The quality of the equipment would also play a role. E.g. if you buy the cheapest versions of either a 1080ti or a 1060, they’re going to be more likely to fail. Is it more cost effective to buy more-robust GPUs at a higher price that will last longer? Or is it better to keep replacing cheap ones more often? Difficult to answer, since GPU prices are crazy.
If you can be clear about what exactly do you mean by RX cards speed problem that would be helpful. And, when you post in 2018 that and RX 580 is getting 18 MH/s and falling fast, what is this information based off of.
The two share an underlying group, but have different payment methods. Ethermine uses the PPLNS payment base ( Pay Per Last N Shares ) while Ethpool is a mining group that uses the PPS ( Pay Per Share ) payment method . Ethermine has more than 200,000 active workers and processes approximately 32 blocks per hour, while Ethpool has around 12,500 active workers and processes approximately 5 blocks per hour.
This is pretty much a given. However, I thought I would mention it as it’s always best to start off with a clean installation. If you’re using more than 4 GPUs, then I’d recommend using Windows 10, or you will need to do some tweaks. If you’re going to use Windows 7 or 8, then also install the 6xGPU Mod software. An important fact to remember with fresh installations is that you should disable your computer from ever going to sleep or hibernating.
Cryptocurrency mining is a big buzz topic in technology these days and many people have started mining cryptocurrencies. In 2018, Ethereum smashed its long-term $400 ceiling, and reached more than $1,000, which makes it one of the most popular cryptos for mining.

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