“ethereum mining rig antminer”

“ethereum mining rig antminer”

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.
It’s been a while since we updated this series this past summer, but our answer for the “Is it worth it?” question has remained mostly the same. Ethereum saw increasing difficulty throughout the fall and little increase in price, which made mining steadily less and less attractive. But recently, Ethereum has boomed to be priced at around $700-$800, which has led to a resurgence in mining interest.
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.
I recommend mining the most profitable coin for you. So, if you’re using AMD GPUs then Monero and Ethereum are the most profitable option for you. If you’re using NVidia, ZCash and Ethereum are the most profitable. It’s your choice to choose which of these two coins to mine, and I recommend mining whichever one you think has the future, as what you mine today may be worth $10 now, but $100 in a few months. You can always trade your mined currency for a different coin if you believe that is a better option. You can use services like Shapeshift.io for the quickest cryptocurrency swaps, or you can trade on sites such as Bittrex so you don’t have to pay as high of a fee.
Below are the best Nvidia’s mining cards currently available on the market. It’s important to note that we excluded Older Nvidia cards with 4 GBs (or less) of VRAM because their performance was usually bad, and it will only worsen more as epochs advance.
Update, 2/5/2018: We have a new article posted detailing CyptoNote (Monero) mining performance with AMD’s Threadripper processor with a CPU-optimized algorithm, alongside a handful of other X86 processors and a powerful GeForce GTX 1080 Ti GPU.
If you assume all initial purchases of HW are in the past therefore sunk costs and don’t want to factor those into the picture when determining if you investment was profitable yes you could naively look at this as “ETH is profitable to mine in 2018!” However what you’re really answering is “Is it still wise to continue mining ETH in 2018”
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While it is too early to remark on the Monero contract in great detail – as I just purchased it, I am very satisfied with my early experience with Genesis Mining. My questions were addressed with informative and thoughtful responses. The user experience is intuitive. I have already recommended Genesis Mining to friends and family members. Moreover, I have upped my investment as I feel that I am working with a team that values integrity.
All went well and timely. The first payment actually took only 24 hours while I was prepared for a longer period being it the first. The only critic is on the chart displaying your earning. It is not up to date and there is no really way to understand how much you are earning daily and the amount of the payment you will receive

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