“ether mining calculator”

“ether mining calculator”

Most altcoins were only briefly profitable unless you gambled and waited years for LTC or others to come back in the recent bubble. But it’s really not a no-brainer you’ll make any money. Unless – and I’ll say it for the third time – your costs are very low. If someone offered me 100MH/s for $100 hell yes I’d take it. Probably even at $500 it would be a no-brainer. But at $2800 – no thanks.
The Radeon R9 295X2 has by far the highest hash rate (46.0 MH/s) of the Ethereum GPUs on the market and will cost you $600. It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04. This gives a return per year of $586.43.
If you would plan to run this for a longer time, you should try to lower the clock speed on the GPU core to lower power consumption and increase the memory clock speed to increase hash rate. Since Ethereum is not very dependent on the core clock and basically only the memory clock it would make performance better while also increase the profit margin
The same strategy applies for other hardware. All my motherboards are used, ram used. New ssd and power supplies but if you’re going to be profitable in this market you have to be as lean as possible.
But, here is a good trick that keeps me going – When I mine Ethereum I do not sell it immediately I wait till the prices of Ethereum has gone up. By this way, my return of investment is met very early.
Selling Profile tells the calculator how to use the Price Change value. Price Change must be set to something other than 0 to have any effect on the profitability projections. Selling Profile has 4 different options:
*While my guides deal with setting up and optimizing AMD’s GPUs, nVidia’s 1060 / 1070 video cards are also excellent for mining. Generally these days I tend to recommend whichever is cheaper (and right now, that’s AMD). But if you find a deal on some nVidia 1070 GPUs, don’t hesitate to grab them—they perform just as well as AMD’s offerings, and are arguably easier to set up (just remember to install nVidia drivers instead of AMD’s if you follow the rest of my guide!).
This guide will take a complete beginner through the various steps involved in building a DIY power-efficient ~150 MH/sec ethereum mining computer. Based on my popular litecoin mining guide from 2013, this new guide has been updated with current (2017) top hardware choices, best mining software, and detailed configuration instructions for both modern Linux and Windows operating systems.
As we have seen with other popular cryptocurrencies such as Zcash, ZenCash, Monero, Dash, Litecoin, and Bitcoin, mining profitability is always directly related with these factors (see our guide on Ethereum mining profitability).
Scrypt USB ASIC Zcash miner MtGox situation update SaruTobi Bitcoin to bank transfer ccminer grs X11 mining dcrwallet FutureBit MoonLander USB Scrypt ASIC miner Titan X hashrate water cooled miner Yescrypt sgminer BM1385 ASIC chip Storj Counterparty MAX trading ccMiner crowdfunding Claymore AMD miner BIP ccMiner 1.7.6-decred vertminer 0.5.3 windows download 8 PCIe motherboard ZeusMiner Blizzard first impressions 21 company how to mine Protoshares Pooler CPU Miner AMDOverdriveCtrl LTC SHA256 fork MYR pool VCN mining BITZ pools Bitcoin bagholders Palit GTX 960 Bitcoin online course BUN mining cold wallet storage Ethereum Constantinople X11-Gost miner FujiCoin crypto coins by email ZET exchange ARbit trading Megacoin exchanges CryptoNight Mining WiringPi MediterraneanCoin mining master node coin list mining power supply FantomCoin trading ccMiner 1.5.79-git sp Fibonacci Recursion PTS profitability NRB exchange less energy usage ccminer whirlpoolx Photon alt crypto Suprnova mining pool Lebowskis trading sfards contest RX 470 ethash hashrate X11 Miner DR-2 sgminer SIBcoin Gulden pool Ethereum memory usage ZeusMiner discount Bit Mining not available CLR pool
Ethereum mining hardware is thus, very crucial in terms of usage and require a large amount of electricity at the same time. Therefore, in choosing efficient Ethereum mining hardware, we would have to look into the factor of cost, how much power does it take and also higher hash rate i.e. the speed of solving and completing an operation, and thus striking a balance between them.
“Hackers target 400,000 computers with mining malware”- I recently disabled my windows defender on one rig as it was causing issues. Is anyone using 3rd party antivirus/spyware software or windows defender?
Ethereum is distributed among a public blockchain, much like Bitcoin, but it has a completely different blockchain protocol than Bitcoin. Bitcoin’s blockchain is based on proof of work (PoW), while Ethereum’s blockchain is soon to become based on proof of stake (PoS).
Calculators give you an estimate of your projected profit. However, they can not 100% predict the future, especially not the Ether price. Some cloud mining providers already give you an estimate of return on investment with their pricing and costs data already filled in, so please check individual providers websites.
Great post! upvoted and followed you. I test and compare all the largest cloudmining contracts in a google sheet file which I regularly update so everyone can get the best deal for their money at any time! I also describe all the criteria you should take into account before buying a cloudmining contract. If you are interested you can find it on: https://steemit.com/cloudmining/@circularitylabs/everything-you-need-to-know-about-bitcoin-cloud-mining-comparing-genesis-mining-vs-bitcoin-pool-vs-hashflare-vs-minergate
The statement that you need a big investment is not true neither (depending on what you call big). I have a small rig with 4 RX580 8 GB and it costed me 1500€. I started with one GPU and than gradually expanded. I buy my GPU’s at around 300€, which is I think reasonably priced.
Using the growth of block difficulty, we can calculate that over a period of one year, the difficulty factor will grow from 2,280,210,891,539,710 to 11,880,071,363,893,300. We do this by using the fit of the difficulty function and assuming this fit will be true for future values.
As for the frame ill recommend to do it yourself, is not that hard. If you find the right materials and tools then you will not around 1-2 hours to build it and will const you around $50-$80. Check this tutorial!
The short answer is quality. Thanks to my expertise in the fields of IT and crypto mining I know which hardware components fit the best, as well as which brands/models are trustworthy a cryptocurrency mining rig. For more information you can check my articles and reviews on this website. My crypto mining rigs will have excellent build and component quality for a reasonable and competitive price. Last but not least, I also build the cases – I am using my own designs that are optimized for mining.
Hashflare offers 1 year Ether cloud mining contracts. No maintenance fee applies. Daily payouts in ETH. Remember that Genesis Mining offers 2 years Ethereum cloud mining contracts when you compare this operator.
Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month. For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) – (total expenses + hardware costs)
If there are any questions on how to get your rig up and running – or any part of the process – just drop us a line at the bottom of the article – our resident mining guru will help you out. You can also post in our Ether Forum and one of our community should be able to help you out! Also if we’ve got something wrong or it can be explained better let us know!
Считаю что это очень ценное приобретение, выплаты приходят каждый день автоматически. Genesis-Mining это интересная и надежная организация. Спасибо. I think it very valuable acquisition, payments come every day automatically. Genesis-Mining this is an interesting and reliable organization. Thank you.
Mining can often be a quite strenuous process that is not error free. So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. One of my favorite communities is Reddit, and although Reddit has a vast array of sub-communities, or subreddits, there are some for mining. Such as:
I was sure Cloud-Mining is more profitable, because of the high Ethereum price. If I would buy 10 Ether today, it would cost me about 2300 $. I can get the same amount of Ether much cheaper with Cloud-Mining. With around 37 MH/s Ethereum Mining Power, I will get over 10.4 Ether after 1 year and it only costs about 1090 € at Genesis Mining and it is mining 2 years. So after 2 years you will get about 20 Ether back for only 1090 € instead of 10 Ether for 2300 $ if you buy it today directly.
I had no idea what cloud mining was until I discovered your business on YouTube. Many of your very happy and satisfied customers chose to post videos describing the service you provide. I have since purchased a few contracts from you and look forward to using a currency that will not deprecate in value such as the one I am currently holding some savings in. Thank You Genesis Mining for giving myself and many others an opportunity to invest in this new industry.
You can still reinvest all of that maintenance on the subject of hashflare. That will create you more maintenance and extend the mining accord for choice year for the specific invesment. If you invest for example $15,000 for 100TH/s (100,000 GH/s) in addition to you could earn more later $4241,72 per week after the Week 10 and the initial investment according to the currect bitcoin price that got calculated by preev.
Congratulations! You are now the proud operator of your very own custom built 6 GPU ethereum mining rig. Be sure to also check out our reviews of the best Litecoin mining hardware and Bitcoin mining hardware.
As mining requires a lot of computing power, Ethereum mining pools are much beneficial in terms of acquiring a lot of ether. In mining pools, miners come together to pool their resources and then mine together.
It isn’t only China mining centres. Genesis and quite a few other Western farms are being expanded and set up so yah! It’s still technically “impossible” for us to see mining become unprofitable for the general home miner isn’t it
There are many who tell us that they can mine cheaper by themselves according to their calculations. However, it always turned out that they forgot about one or more of above listed costs. We did our calculations, and we think it’s impossible to mine more profitably on a smaller scale, at home and by yourself.
We recommended for two months straight over the summer that people that want to minimize the risks involved with investing in the cryptocurrency space should consider getting into Ethereum mining, but that it might be a bit late in the game to set up a rig considering the many unknowns in the industry. Those that got in early and have remained steadfast in keeping their rigs online since then have made really decent gains, especially if they had many rigs or GPUs to maximize their profits.
Mining Ether takes up a lot of electricity. On the plus side, though, if mining practices are carried out efficiently more income is generated through the sale of Ether. Ethereum mining calculators are available for calculating profits. So, there’s no need to get worked up since you’ll still get a profit at the end.

Leave a Reply

Your email address will not be published. Required fields are marked *