“ethereum mining faq”

“ethereum mining faq”

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.
In the Host Name box, enter “[email protected]_dns_name” . Replace public_dns_name with the public DNS for your instance, which you can view by using the EC2 console (check the Public DNS column; if this column is hidden, click the Show/Hide icon and select Public DNS).
GeForce Titan V from Nvidia is perfect for those who are looking for the Ethereum mining hardware with an unmatched hashrate. Titan V uses a new type of graphics processor named Volta, which is a brand-new architecture that’s quite different from Pascal and Maxwell, with 64 CUDA cores per SM (instead of the usual 128), HBM2 memory, and other changes that Nvidia hasn’t fully disclosed at this time. The same processor is also found in Tesla accelerators. The Nvidia Titan V targets a very specific audience and is intended for serious number- crunching (such as machine learning, AI, and high-performance computing (HPC) applications).
They are all priced the same on a cost per MH basis  – usually you get a discount the more you buy. However this is due to the demand with Ethereum as it is such a popular 2nd generation crypto currency. They generally offer daily payouts to the user which you can feed into your ethereum wallet on your phone or however you choose to store it.
Hence, it is reported that Ethereum is changing to Proof of Stake framework later in this year, in which mining of ether is irrelevant and works on Consensus algorithm different from current Dagger Hashimoto algorithm.
The good news is that getting started with Ethereum Mining is now easier than ever.  You do not need to download the full Ethereum blockchain, which is now over 20+ GB’s and still growing!  You also do not need to manage clunky command line miners with manual instructions.
I think genesis mining is good professional service i am having a good experience with them. What i like the most is there support they are very quick to reply. No matter what the difficulty rates are these days for mining but it still a good experience when you think of long term .
Interest and support for cryptocurrencies is growing as you can see in the FT, Mashable and the BBC. As support for Ethereum grows and demand increase the price of Ether will rise making Ether mining more profitable.
This mining calculator will display your expected earnings in both Ether and Dollars. The calculations are based on the assumption that all conditions (difficulty and prices) remain as they are below.
This local law shall impose a moratorium on applications or proceedings, or the issuance of approvals or permits for commercial cryptocurrency mining operations in the City of Plattsburgh. The moratorium imposed by this local law shall be in effect for a period of  eighteen  months from the effective date of this local law.
I just started about four weeks ago and was lucky enough to amass 20 cards in this short span in this market all for under $300, some used and new, except one at $305. Probably around $250 average for a mix of 480/570/580. But I work from home and am able to monitor eBay, monitor nowinstock, check the used listings on fb and cl while I work or on breaks. Lots of late nights too, got a bit obsessed for a period. No way I have the GPUs I do now if I didn’t, and I still have a tiny setup compared to many.
Now choose a processor to use. Depending on how your system is configured it may be possible to achieve the same mining rate with your graphics cards regardless of processor used. However, any wasted CPU cycles may be allocated for additional off-GPU mining or other system tasks. Check the mainboard section to ensure system compatibility.
How much hash rate increase do you think you can get by getting a 2nd stick of 2gb ram in there? And is it better for power to use a single 4gb stick or 2 x 2gb sticks? What would be the increase in hash rate with say 8 or 16gb?
I’m about to buy (1) R9 280x HIS R9 280X IceQ Boost Clock 3GB GDDR5 PCI-E DLDVI-I/HDMI/2xMini DP + (1) 750W PSU. I’m confident that I will be able to ROI, but it seems too risky because nothing else is worth mining with it besides Ethereum.
한국말을 하실 지는 모르겠지만, 더 정확한 의미 전달을 위해서 한국말로 남깁니다. 혹시 한국인 직원이 있으시면 읽어주셨으면 합니다. 일단 제네시스 마이닝의 서비스를 드디어 이용하게 되어 매우 기쁩니다. 앞으로도 다른 코인의 채굴 해시 파워도 구매할 수 있기를 기대합니다. 하지만 한 가지 아쉬웠던 점도 있었습니다. 무슨 이유에서인지 삼성카드(마스터카드사의 결제 서비스를 이용)의 결제에 오류가 많이 발생했습니다. 제 구매 기록을 보시면 여러 차례 결제를 시도했던 기록을 확인할 수 있을 것입니다. 다행히 다른 카드사의 서비스를 이용하여 결제를 완료할 수 있었지만 계획했던 카드를 이용하지 못했던 점은 아쉬움으로 남습니다. 물론 제네시스 마이닝의 서비스는 매우 훌륭할 것으로 예상됩니다. 홈페이지 구성이 훌륭하여 아직 받지 못한 서비스도 매우 신뢰가 됩니다. 앞으로 좋은 모습을 기대합니다. 감사합니다.
Any others: Do not trust any random names on the internet, bitcoin is a currency that cant be chargeback in anyway and so thieves are out there looking to steal your bitcoins so be prepared and dont invest in every single website you find out there. Some legit, some scams.
Interesting blog. I was about to post a similair post. 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. I was wondering if anyone of you uses: 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. Go to: https://www.coincheckup.com/coins/Zcash#analysis To check Zcash Research report.
Learn how to build an Ethereum mining rig using the step-by-step guide below. Mining Ethereum is an incredibly profitable use of off-the-shelf PC hardware. Currently, I’m mining roughly $500/mo of Ether using this exact rig.
Cloud Mining is profitable. I do invest into cloud mining for about 1 1/2 years now. Mainly i use Hashflare as my mining income, be sure to check them out. They generate me about $80/day and i’ve only invested $4,500. You won’t have to put in that much tho. Hashflare is giving you a one year contract with any investment you make, that means any money you invest will bring you profits for 1 year. Any money will do fine, here is some example math:
Based in Romania, Costa Nord Mine offers Ethereum cloud mining services, allowing users to purchase hashpower without having to deal with complex hardware and software configuration. Costa Nord Mine offers mining services and a variety of mining-related solutions for small and large investors.
This is called cloud mining. It has been happening for a long time with Bitcoin and a number of reputable providers have come to the fore where you can trust their reputation for them not to run off with your money. This is especially true of Genesis Mining who are the first to set up a batch of Ethereum Mining contracts where all you do is pay them some cash and your up and running as an Ethereum miner – as simple as that – no hassle no playing around with downloading Geth and using command prompt – and most importantly you don’t have to maintain it yourself which can be a big issue if you have to keep going to restart your computer. So it saves your time!
Now that you know how to use the profit calculators, you now need to know how to find the hash rates of your system. If your graphics card is not listed on the What To Mine website, this can be a tricky process. Luckily I have compiled a list of sites which have this information.
You’re attributing much too broad a brush to people. There are plenty of reasons to keep around leftover computer parts, other than sentimentality. You might want a backup incase your new hardware gets damages, is a lemon, etc. You might hang on to some stuff because you’ve got friends or family that might want it when they finally decide to ditch their current dinosaurs.
Mining profitability is a variable and depends largely on the type of mining software you own, the cost of electricity in your locale, the current price of the cryptocurrency you are mining and, of course, your own overheads.
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.
This article was update on July 2017 by Ian MacPhee (see details at the end of this post). For additional info my username is Techman34 (on the Ethereum forum) or contact me at [email protected]ncygear.com.  
Buy ethereum Hardware for mining ethereum | bitcoin and zcash gpu mining | we have  gpus, motherboards, ssd 6 gpu mining rigs, empty 6 gpu mining cases for ethereum hardware mining | ram for mining | hard-drives for ethereum mining and storage
So suppose anyone does have some mainstream or high level card at least the level of HD5850, as an example, they’d still faced with power bill issue, which in some case outweigh the profit. As we all know how much of a sucker old gens are compared to what we have now. That is assuming they are somehow emotionally attached to it and not decided to sell it, even after buying later gen.
Issues emerge when ordering high quality custom rigs that can require an intial investment between $5,000 up to $15,000 and beyond. Certain manufacturers repeatedly postpone shipping times, and due to a continuously increasing mining difficulty over time, potential ROI has a tendency to drop even further.
This company is a complete desaster. no ETH payouts so far (started in august). ok, at least the balance grew and I had hope that one day I get the ETH. however, since 8th nov. there has been nothing added to my balance. so mining stopped completely. my recommendation is: don´t be stupid like I was and stay away from this shit. it is a 100% sure loss. no matter how much money you put in there.
Before any serious outlay of capital, further research into Ethereum’s prospects is warranted. While GPUs may be set to mining other coins and their costs partially recouped through resale, GPUs depreciate rapidly. This is especially true of cards put to the constant, intensive work of mining.
First, head over to Etherscan’s Mining Calculator, which provides up-to-date figures for the current price, block time and network hashrate (as measured in Gigahash per second aka GH/s; denoting billions of calculations per second):
Anmerkung: In meiner Rechnung ist natürlich der steigende Mining-Schwierigkeitsgrad nicht mit eingerechnet, sodass es nach 2 Jahren Cloud-Mining bestimmt etwas weniger als 20 Ether sind die man raus bekommt, aber es ist trotzdem günstiger (im Moment). Hier kannst du den Mining-Schwierigkeitsgrad Chart von Ethereum ansehen und leider steigt dieser gerade stark an, was schon bald Ether kaufen profitabler als Cloud-Mining machen könnte: https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart

Leave a Reply

Your email address will not be published. Required fields are marked *