“ethereum mining gtx 1070 vs 1080”

“ethereum mining gtx 1070 vs 1080”

Think about it. It does not sound like much, but it is. If you have a friend that just invests 1 Bitcoin, you instantly get 0.10 Bitcoin. Your friend probably earns much more % on his 1 Bitcoin, depending on the contract he choosed.
It’s the 2% or worse increase in difficulty every day that kills your chance of making an ETH profit – i.e. more than what you could if you just invested the cost of the miner/contract in fiat currency directly into ETH and held it.
If you use the 160 XT, it can work with a mismatched adapter. You can use any wattage adapter, provided it exceeds the wattage consumption of your entire computer while mining. But because your power consumption goes up dramatically when mining, you might want to go with the 160-watt adapter.
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Supply does rise to meet demand over time. However, Ethereum has experienced explosive growth with roughly a $35 billion dollar market cap currently, and this spike in Ethereum’s price has led to a fresh shortage of cards and correspondingly high prices.
In Ethereum Mining, the difficulty is adjusted so that the network produces one block in every 12 seconds on an average. Thanks to the synchronization of the system, it is not possible to rewrite history or maintain a fork except the individual attempting to do so has over half of the mining power in the network.
The SSD will ensure that this system is fast to boot and configure, and you could double the RAM by purchasing two 2 GB DIMMs instead of one. This would slightly increase the hash rate for very little additional cost.
A word on positioning. GPU’s can get hot – especially if you overclock them so be sure to get the best bang for your buck – and to be safe to place your rig in a well ventilated area so it doesn’t overheat.
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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.
Each mining rig works at a different level of efficiency and uses a variable amount of electricity. On the low end, miners typically draw ~100 W at their maximum load, but this can increase up to over 1000 W with more powerful and less efficient miners.
I disagree… had the same scenario..the cost of an Ether mining contract with Genesis I could have bought 5.2 ETH …mined less than 2. Bought ZEC mining with Genesis…. never going to make half the amount I spent.
The Customer will receive Coins mined in accordance with the above Mining Power and in accordance with applicable Maintenance Fee (as per section 2b). If (i) the expected transaction fee (needed to ensure that the network will process the transaction) divided by the value of the payout is greater than 5% or (ii) the payout is below an equivalent value of USD 1.00 the Service Provider has the option to accumulate the payouts in the Customer’s account, until the payout value is sufficiently high to meet the requirements (i) and (ii).

One Reply to ““ethereum mining gtx 1070 vs 1080””

  1. Shortly before the Christmas time I decided to experiment with cloud mining contracts and opted for Bitcoin Cloud Mining contract from Hashflare.io – again the same approach – dollar cost averaging, and investing small once per month in additional hashing power.
    Ethereum cloud mining is a popular product among cryptocurrency enthusiasts. The Ethereum network is decentralized and based on the currency Ether. Ether is abbreviated as ETH. Both are further described later on this page. Ethereum cloud mining contracts have increased in popularity. This is because Ethereum seems to be a platform for the future. We list several companies with Ethereum cloud mining or Ether cloud mining. Vitalik Buterin created Ethereum.
    While Ethereum mining is pretty memory-intensive, everything happens on the GPUs. System memory will be pretty much unused, so there is no reason to spend money here, especially with DDR4 prices so high.
    The Ethererum Mining plans will run for a maximum of 24 months, however, should Ethereum (“ETH”) switch to proof-of-stake before the end of the term, we will use the leased hardware on a best-effort basis to mine the most profitable coin with that hardware for you. Please refer to the contract for further details.

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