“ethereum mining guide reddit best”

“ethereum mining guide reddit best”

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.
Linux might be able to better handle massive mining rigs with many GPUs, but for 1-2 (or possibly more) cards, you’ll probably see very little difference in mining rate, so what your comfortable with plays a larger role.
The ASIC chip of choice determines, in large part, the cost and efficiency of a given miner, as ASIC development and manufacture are very expensive processes, and the ASIC chips themselves are often the components that require the most power on a Bitcoin miner.
The MSI Z170A Gaming Pro Carbon is a great choice of mining motherboard if you also want to use it in a gaming machine as well, thanks to a number of gaming-centric features that you’d usually associate with mobos found in gaming rigs. This means you get four DDR4 memory slots (rather than the more common two slots found in other mining motherboards), plenty of ports and connectivity and even aesthetics to appeal to hardcore gamers. Of course, it’s no slouch in the mining department either, with support for up to seven GPUs. FOr the best versatile mining motherboard, this is a great choice.
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.
You would need to flash your GPU BIOS using Windows. I have specifically not covered this in detail as it’s risky and I do not wish to take responsibility for flashed GPUs. However, there are plenty of sites out there that show you how to do it.
The motherboard is the most important aspect to any mining rig. The reason for this is that it needs to be able to support all of your GPUs. If you only plan on having one or two, then it’s not so important. However, most people will aim to maximize and have 6 GPUs in a single rig. There are very few motherboards that will support the running of 6 GPUs. The big advantage with mining is that you can run the GPUs from x1 PCIe slots, so you don’t need to find a motherboard with 6 x16 PCIe slots.
Custom BIOS. Custom BIOS’ are trickier. While it’s easy to use a tool such as AtiFlash to flash your GPU, bare in mind that it is risky. You will also need to find a BIOS that is suitable for your GPU unless you’re proficient at tweaking it yourself with a tool like PolarisBiosEditor. However, this can have the largest gain. For example, for the RX480 a custom BIOS can raise its hash rate to 30Mhs+ which is a considerable 30% improvement!
I have rewrote it to make it useable for all users and make their mining easier. I have added about 60% code to check for stupid things users may do and much better error handling to ensure your mining will be absolutely flawless.
The other more recent launch in the fork of a dedicated Ethereum mining pools that you might want to check out is DonkeyPool. The pool apparently only supports getwork for the moment and it has found a few blocks already, though the number of miners and the hashrate is not that big yet. The pool will run without a mining fee until June 15th, 2016, then the fee will be 0.5%. The payouts are made once a day if a minimum 1 ETH balance is available.
The Coin Warz calculator is another useful calculator, though more complicated than the rest, it comes with some quite unique features, such as allowing you to input your hardware cost. The calculator will then use this information to estimate how long it will take to pay back your computer. Another unique feature is that it if you’re solo mining, it will tell you how long it may take to mine a block by using your hash rate. A third useful feature is that it shows you how much you can trade your mined coins for in Bitcoin, which is useful if you think Bitcoin is only going to go up in price. You can use this calculator for about 100 different coins making it quite useful when trying to find out what your other mining options are.
Step 1: If you have gone through our guide here on how to set up your computer to mine ethereum you are most of the way there – in fact all you need is an address which you can get from the EthDev wallet – which is basically a nice interface to doing exactly the same process. The reason you need a wallet or address is to tell the pool where to pay your money! You don’t need to sync the blockchain – the mining pool provider will do this for you!
Cryptocurrency mining is one of the hottest topics around at this time, and it’s easy to see why: with the prices of all the important cryptocurrencies going up and reaching all-time highs, it is now more profitable than ever to get into the mining business and start earning. Getting started with cryptocurrency mining is not as easy as it sounds, though, as will need a bit of technical know-how in order to pick the right components and get mining. Luckily, we’re here to help – we have put together an introductory guide to the world of cryptocurrencies, along with a selection of some of the best GPUs for cryptocurrency mining. You are welcome!
16:19:14:299 25d4 send: {“id”: 2, “method”: “mining.authorize”, “params”: [“0x0395f363d6262a3c2d20f38cb477fe5903f7afff.Desktop”,”x”]} 16:19:14:814 25d4 ETH: Stratum – Connected (eth.poolmining.org:3072)
On January 1st 2017, $1,000 would have gotten you 1.041 BTC (1 BTC was worth $960 on January 1st), 122.39 ETH (1 ETH was worth $8.17 on January 1st) and 20.622 ZEC (1 ZEC was worth $48.49 on January 1st).
There is a fourth possibility; which is that I missed the AMD driver update which fixed the speed problems for RX cards. I will do some more research and update the article. Thanks for pointing out the error though.
Let me know in the comments below if you like this article, I will be updating the ETH mining pools in the future if I find better one. If the fees of pool change or other spec do comment below. Happy mining Ethereum coin, the next Bitcoin.
Something I’ve done when building out a GPU mining farm, is to do the OS/DRIVERS/MINING setup and then just clone the solid state drive using a 2 bay hard drive dock with offline clone feature built in.
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).
Overclocking: Overclocking is the simpler of the two methods. Windows and ethOS support these easily through Wattman and ethos-overclocking respectively. The general rule of thumb is that increasing the mem clock by 10% increases your hashrate by 10%. You can also change the core clock. However, this has a smaller effect. Also, reducing core clock can be beneficial because it can reduce your power use and while your hashrate will be slightly lower, you could be positive overall as you’ll be using less power. The right core/mem balance will depend on your electricity cost and hashrate.
So I am working through some issues. First I have two drives. C: which is a fairly small SSD drive just for my OS (the blockchain is too big to fit on here) and an E: drive which stores everything else. I finally figured out how to store the blockchain on E: with my coinbase and if I am solo mining it works (probably not going to mine anything but works nontheless). So I am considering pool mining. According to your article I must first downloan the entire blockchain which I am working on doing again to the E: drive.… Read more »
Founded in 2014, WageCan is a Taiwan-based company that offers cryptocurrency-related services, including cards and wallets. HashCan is a Bitcoin cloud mining service provided by WageCan, allowing users to mine cryptocurrencies without having to set up and host the mining hardware itself.
With just 1.0 MH/s of hash rate behind the Radeon RX 480, this is also a great choice for anybody shopping for an effective Ethereum mining GPU. Even though its hash rate {24.0 MH/s} is slightly behind that of Radeon RX 480, both of them share the same power cost per day. With $0.4320 as its daily power cost, the cost per MH/s of this GPU is $9.13. This will bring a daily return of $1.15, which can be translated to $418.16 per year. The cost of this GPU is also very friendly, as it’s on sale at Amazon now.
By entering the above details into an Ethereum Mining Calculator, you’ll be presented with a rough guide of your expected profits. While the calculator will automatically enter the current figure for difficulty, keep in mind that difficulty is very likely to rise in the future. Ethereum’s high price lures in more miners!

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