“ethereum mining graphic card”

“ethereum mining graphic card”

The rig(s) you order will be tested for up to one week before being shipped to you. This is done to make sure that you get the rig in perfect condition. This also allows me to make sure that all hardware is working as intended.
So if you’re looking for a way to pay off some new gaming GPUs, you could technically mine them for a few months to pay them off, but if you’re expecting to become an Ether millionaire, and you don’t have a massive operation already–it’s probably a pipe dream.
Ethereum is currently the second largest cryptocurrency in the world and not only is it growing quickly, it’s also becoming more widely used. Ethereum is projected to grow tremendously in 2018 and mining is a great way to generate passive income.
This post is not intended to discourage mining on the Ethereum network. Miners are needed to secure the vast decentralized system we enjoy today. Our intent is to show that mining profitability is based on the appreciation of Ethereum. As we move into a world with more decentralized services that pay in Ethereum directly, or services that pay in other crypto-assets, mining may become less favorable due to the large depreciating investment in hardware.
You will receive daily or weekly payouts to your Ethereum wallet address (it depends on the plan, but usually payouts are done daily). You need to pay in advance for hashing power and contracts often come in the form of a 1-year contract or unlimited (until mining with rented hardware is profitable). The only thing to keep eyes on is the current Ethereum value, so that you stay in profit and that you do not pay more for hashing power than you get out of Ethereum production.
Miners perform solving of computationally complex problems and are rewarded Ether in return for their effort, time and processing power of their computers. Its basically like how you used to play video games and after winning each level, the next level gets unlocked. Similarly, the game here is mathematical puzzles and new levels are blocks in the blockchain.
I update the calculator on 2 weeks basis. Dude, I am normal human beings, not a robot. I like cycling, swimming, beer etc. Just let you know I use data from my own genesis-mining.com account. So it is real, honest and nearly up to date:)
Eobot supports mining for Ethereum! Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account. If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the “Use Diff Change” switch.
Last night, I had a debate with my mining partner on this topic. It was a battle between Ethereum and Zcash. According to WhatToMine – Zcash should be the more profitable option (by a lot) but mind you, the last time we run the test, Zcash was at its high.
Solo Mining – Solo mining means its you against the rest. If your hash is correct you win the block reward. But with a rig of 60 MH/s and a network hashing power of 1.2 GH you aren’t going to get ether very often. The other issue is you have to download the blockchain for yourself. See our guide here on how to solo mine ethereum.
There are several providers who offer cloud-based mining. Hashgains offer you a one year contract and from then there is no maintenance fee for you to bother about. In the cloud, you have guaranteed uptime of nearly 100 percent. Even if one miner goes offline for some reason, your provider will automate them on the other active machines.
Miners expend electricity hashing that block with the processing power of their GPU(s). A successful hash result produces produce a unique Proof of Work (PoW) proving that the miner worked on that block.
As you can see here, our hypothetical mining rig is more efficient and profitable than some of the best mining equipment on the market right now. We are assuming four GPUs that mine 40 MH/s each. The hardware specs are four GPUs, plus a processor, a motherboard, and a power supply rated at 1,000 Watts of electricity. The cost of this rig would be approximately $3,000.
Depending on where you live, electricity can greatly affect the profitability of mining. In the case of a miner in D.C., you would just barely break even if you sold all of your GPUs for $150 a piece.
To forecast costs for pool mining, sum the projected pool fees, electricity bills as well as installation and hardware costs. For solo mining, you incur electricity costs plus hardware and installation costs. With cloud mining, your costs are condensed into the contract charges. You can predict to a reasonable certainty how much ether you will mine based on your firepower, but there’s less certainty on the possible rewards.
Zcash is the first open, permissionless financial system employing zero-knowledge security. Zcash is mined with the Equihash algorithm. Earned ZEC can be autotraded in the dashboard to Bitcoin, Ether and other Cryptocurrencies.
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…
You guys are doing a good job but you need to do something bigger that will help the planet. You need to create a new cryptocurrency based on a verifiable method of carbon dioxide sequestration which is already happening in Iceland! Do it.
I am very happy with Genesis!!!! I hope coming soon Litcoin and Bitcoin Ethereum mining soon:-) I want make more with genesis because they are e very good company and sincerely! Thank you Genesis:-) !!
Building a 6 GPU Ethereum mining rig is a fun project and a great source passive income. This guide will help you find and assemble the best Ethereum mining hardware currently available to build your very own DIY Ethereum mining rig. Assembly time is about 3 hours and this mining rig is currently generating between $300-500/mo of digital currency depending on the current market price of the coin you are mining (Ethereum, Monero, Zcash, etc).
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.
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.
Mining a block is difficult because the SHA-256 hash of a block’s header must be lower than or equal to the target in order for the block to be accepted by the network. This problem can be simplified for explanation purposes: The hash of a block must start with a certain number of zeros. The probability of calculating a hash that starts with many zeros is very low, therefore many attempts must be made. In order to generate a new hash each round, a nonce is incremented. See Proof of work for more information.
I have purchased a 60MH/s Litecoin contract. The first payout was worth about $3.60. At this rate I should get my investment back in about 220 days, which is good, considering that the contract runs 730 days. This means 510 days of pure profit. I think it is a pretty good deal (lets hope Litecoin goes up further!).
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.
A Radeon RX 470 has a modest hash rate of 24.0MH/s. Its power cost per day is exactly the same as the Radeon RX 480 at $0.4320. Its cost per MH/s is $9.13, giving it a return per day of $1.15 and a return per year of $418.16. Radeon RX 470 will cost you $219.
Like the concept and ease of website. Not clear as to the difference of the Monero contract vs others you sell as I thought I could allocate my mining across different coins which was a little disappointing. Looking forward to seeing results!
A lot has been said about the Ethereum technology and how it works, but are you curious to know how to become a miner of ether. Mining sounds like a Stone age term but what it has to do in this Digital Age? No, we are not digging up earth to mine gold here but yes, we are digging software puzzles to get cryptocurrency Ether in return here. There are numerous ways to become a part of this network, let’s first precisely and briefly know what mining of ether will actually mean?
This guide will be broken into several parts, each focusing on a different aspect of building your first mining rig. First, let’s take a look at what you’ll need in terms of hardware to put a respectable Ethereum miner together.
Keep in mind, more powerful doesn’t always mean “better” when it comes to mining efficiency.  This is due to the fact that the less amount of power your graphics card draws, the lower your electric bill will be.  It is also worth noting that the higher the hashrate of the graphics card, the more ETH will be mined.
Unfortunately it’s hard to troubleshoot without any error message. Do you ever get problems running graphically intensive applications like games? You could also try downloading a stress testing app for your GPU and seeing how it performs:
Today I got a Sapphire Tri-X R9 290. They’re a beast of a card with 2 8-pin power connectors (won’t boot up with 6-pin), and it’s physically the biggest card I have. With the R9 290, I find I get ~5% better hashrate with Claymore instead of Genoil’s miner (with R9 380s, it’s almost identical). At the stock 1/1.3G clocks, I was getting 28.3Mhs, and OC to 1125 I’m getting 31.8Mhs. Only running for under 1hr at 1125, so can’t say if it is stable yet.
In order to mine you need to perform as many operations as possible in an interval of time. For ehtereum the best computing power is delivered by graphic cards with powerfull GPUs. Other coins, like bitcoins can be mined with specialized hardware calles ASIC which are a many order of magnitudes faster than the gpus.
Cryptocurrency mining pools are popular among ETH miners because they allow you to mine ether with a modest hash rate. The hash rates of each miner in the pool aggregate to a level where members earn ETH profitably. The amount you earn is pegged on the speed or hash rate you have contributed. You receive you pay when the amount has reached a payout amount, which is decided by the pool.

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