“getting started with ethereum mining best”

“getting started with ethereum mining best”

2.4 Type “cd /” into the newly opened command prompt which should look like this “C:\users\username>cd /” and then press enter. You should now see “C:\>”, You have just used the “cd” command or “change directory” command to make command prompt look at the C:/ drive – not your user file.
Your account balance needs to reach 1.01 Ethereum before payout and the pool pays out 6 times per day. Unless you’re mining with a powerful mining rig or using multiple miners, you may want to join a pool with a lower payout minimum.
Another interesting option is the AMD R9 390X – a card capable of a hash rate of around 30 MH/s, and a price tag just slightly larger than what the RX480s and RX580s sell for. The AMD R9 390X is the predecessor of the RX480 and uses an older architecture, but its 512-bit memory interface allows it to provide better performance. Just as in the case of the 295×2, though, the AMD R9 390X is discontinued, but there are still a few new units out there. As for the used ones, people selling these tend to be tech-savvy people that have a good idea of what they are selling, so don’t expect to find them very cheap. Nevertheless, the fact that the R9 390X offers more than half the hash performance of a 295×2 for less than half of the power consumption and, more importantly, you can actually find one of these cards on the market, makes it a very appealing option.
You suggested the usage of the GIGABYTE 1070 with the model number #GV-N1070WF2OC-8GD, however, on Amazon (at least on the German Amazon), the power usage of it is noted as 500w and I don’t really understand how six of those are supposed to work together with a PSU with 1000w. Is that information simply wrong or am I missing something?
The initial price you pay will determine how long it takes for your card to pay for itself, based on your mining profits. This formula will pinpoint your Return on Investment (ROI): Coins earned minus electrical costs and other costs. The ROI is usually expressed in months. Prices should be considered rough indications, since they’re based on the current Amazon prices at the time of writing.
When a currency (Ethereum) is resistant to ASIC mining, the average person can afford to buy a GPU if they don’t already have one. This allows everyone to verify the network instead of a select few with lots of power.
You have many upfront savings when you join a cloud mining pool. There is no need for any mining computer; you save on high power bills, no issues of purchasing, installing software or any licenses. You do not need to be an expert in mining to join the pool. The other advantage of joining a mining pool is you get daily payouts. Your investment initially is on purchasing of hashing power and once you do that the one year contract is signed.
Well miners are not looking at mining only etherium but other alt coins also. So 1070 or 1080ti is better as the difficulties of hashing increases.1080ti still be solid card and it will be still be able to mine decent profit levels and its much better also at other algorithms.
The takeaway here is that hashrate has followed (with some appreciable lag) the ETH price explosion, which began in late January 2016, saw some downturn in late 2016, but then exploded again in Q2 2017.  What an amazing bull run! Up to almost $400 USD from just $10 USD in a few short months.
Pangolin Miner is a mining hardware provider and shareholder of Whatsminer Company. They offer the WhatsMiner M3, a proficient alternative to the Bitcoin ASIC miner. All hardware is fully packed, tracked and will need the customer signature proof. Thus ensuring all products find their way to the customer.
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.
In order to mount the GPUs within the crate or case, you’ll need riser PCI cables to extend the PCI-e connection from the motherboard.  Get as many PCI Express 1X to 16X Powered Riser Cables as you can to match up with the number of GPUs you have.   There are many different variants, like this one or this or this.
One of the advantages of Ethereum over Bitcoin or Litecoin has to do with the algorithm chosen to validate the proof-of-work (PoW). While BTC relies on SHA-256 and Litecoin on Scrypt for its hash function, Ethereum calls on an algorithm called Ethash, created especially for this purpose. In practice, it was designed from the start to prevent the development of dedicated ASICs to mine it.
Geth is the underlying code for the Mist wallet and is the core service for syncing the Ethereum blockchain. Unfortunately, it is a command line service, which can make it hard and annoying to use. http://www.etherwall.com/Etherwall adds a GUI front-end to it, making it easier to use.
For the hard drive, using an SSD is essential. While SSDs are more expensive, you will only need a one, which will set you back less than $30. If you’re planning to solo mine, it’s recommended that you buy a 32 or 64GB one, but again this will only be a few dollars more.
This indicator actually shows how many puzzles a GPU can solve within a second under perfect mining conditions with Claymore 9.6, but without any overclocking. The most ‘real’ hashrate is the rate calculated over a very long period, i.e. 24 hours.
Also known as Discus Fish (https://www.f2pool.com/), F2pool has been up and running since 2013 and contributes approximately 24% of the hashrate of the network. Payments are also made through the PPS method and are made daily. The site is predominantly Chinese, but has an interface in English and has servers throughout Asia to ensure security and redundancy.
At the time of writing this article, the aforementioned mining rig would cost around $2,250USD and would be capable of producing around 0.5 Ethereum per month. This is about $250 per month before variable costs. That means within 9 months you’ll have paid off your initial investment. This is of course assuming the price of Ethereum stays the same.
And then once unlocked you can scroll down and see “Your Address” – this is your Ethereum Wallet address that we will use for mining.  Save it to a separate notepad text file and save it on your Desktop for easy access (Note: it’s okay to share this address as this is how people will send you Ether and how you will receive your mining payouts, but Never share your Private Key!).  
– Oliver is an IT certified Support manager filled with years of experience and a package of passion for teamwork, writing and Blockchain technologies as he believes that they will give a new shape to the future. In his spare time he is an artist and musician.
Reports and email tracking are available in Ethermine, as well as notifications of invalid shares and detailed statistics by worker as well as global statistics. Ethermine has more than 200,000 active workers and processes around 35 blocks per hour.
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!
PB Mining Review: Claims to operate Bitcoin mining ASIC hardware. When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly. At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees. The Bitcoin mining contract is 100% insured because they want customers to succeed.
There are two downsides to this card, though: 1) it’s extremely hard to come-by, as the card has been discontinued for quite a while now, so you can only get a used one, and the prices tend to grow with every second, and 2) its official power requirement is 450W, meaning that a setup with multiple RX 295x2s (if you are lucky enough to get a hold of more of these beauties) will require a massive power supply, or multiple (just as massive) ones.
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.
A: This guide covers using Windows 10 (make sure it’s 64 bit).  There are also various distros of Linux that can be used (not covered here).  But Windows is the easiest to configure and get up and running fast.  There is no Mac version at this time.  
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I’ve chosen to go with the RX480 as it’s expected to give 25MH/s at stock settings with a price of $200. Therefore, I’m paying $8/MHs, and the aim is to get this price as low as possible. Therefore, if you see second-hand GPUs where you’re paying less than that, then they might be worth a high consideration.
We’ve ranked Nvidia’s current crop of mining cards, according to their overall value for mining. Older Nvidia cards with 4 GBs (or less) of VRAM are excluded. Their performance was usually bad, and it will only worsen more as epochs advance. Then the DAG size increases.
Sounds simple, right? You can make things a little simpler on yourself by directing your GPU toward a ethereum mining pool because you have better chances of earning Ether in a regular, more predictable way.
Hello, I have made a research on all forums I know (and in google too) to find all alive Ethereum Mining pools. I have made a table with all of them with real time updating. Find the best pool for you using ping and fee information. Less ping is better. Hope you find it useful( spent a couple of days to make it) visit https://investoon.com/
This entry was posted in Cryptocurrency Mining Rig, GPU Mining Rigs, Mining Rig Guides, Photos of Mining Rigs, Videos of Mining Rigs and tagged 1070, 6 gpu mining rig, amd, custom mining hardware, custom mining rig, ethereum, ethereum mining hardware, ethereum mining rig, ethereum network, gpu mining, mining for ether, Mining Rig, mining rig case, mining rig frame, Motherboard for Mining, nvidia, open case, rx 470, rx 480 on March 1, 2018 by Josh.

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