“ether mining machine”

“ether mining machine”

Considering that ethereum cloud mining is a service created from an almost purely business standpoint, there is understandably, a cost associated with its appliance. Lower returns are expected because of the involvement of a third party. However, for standalone mining, a more comprehensive mining rig and configuration is needed, and this calls for a substantial upfront financial expenditure.
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If a card you own or plan on buying did not make this list, that does not mean that’s it’s a bad card by any means. This list is purely based on my opinions, as well as the price of the cards and the raw performance numbers. Though there are other cards which are great for mining, such as GTX 1080 Ti or RX Vega 64 (which I did not include due to their high cost), these cards on the list are just my recommendations. Another option for mining is ASICs. ASICs are devices made specifically for mining, and when compared to graphics cards, ASICs perform much better and have a much lower performance to the power draw ratio. The problem with ASICs are that they can only mine on one algorithm, so when the difficulty goes up, or the price of the coin you are mining goes down, you simply can’t swap to another algorithm, you will have to stay with that algorithm. ASICs are primarily used for SHA-256 (Bitcoin) or SCRYPT (Litecoin) algorithms.
Following a guide like this: https://www.cryptocompare.com/mining/guides/how-to-build-an-ethereum-mining-rig/ [5] will get you around 100MH/s with 5x Radion HD 7950 which go for around $200 each, plus mobo, case, RAM, PSU etc. You’re probably talking about $1400 or more all in. Then unless you have free power you’re looking at paying for 1kW of power, which depending on where you live, could be anything from $0.05/kWh to $.30/kWh (power usually gets more expensive the more you use per month). Let’s say $0.15/kWh – that is about $110/month.
Slush approach, or Bitcoin Pooled Mining (BPM), is score-based. Older shares, receive lower weight than most recent shares. This has the advantage of reducing the chances of cheating in a round of mining.
I see a lot of people are having this same problem. I believe that something must have changed in the new version of Claymore which is causing this error. Can you perhaps install an older version of Claymore?
You’re confusing. Considering risers in bullet no.3. you first say that SATA to 4-pin molex is unsafe because of SATA, and then you say that SATA to 6-pin PCIe molex is safe. WTH ? The current goes though the same “unsafe” SATA cable.
But now, with difficulty going through the roof with everyone mining every card they can get their hands on, and coin prices seemingly dropping 5-10% a day….I think the ship either has sailed or at least is pulling out of the dock. They could gamble and win if coin prices spike again, but I feel bad for people jumping in now since most will be lucky to break even.
CryptoUniverse was founded 2017 with the goal to revolutionize the mining market. Currently, the main focus lies in the distribution of Bitcoin Mining Hardware from Canaan.io and GPU-Mining Equipment for the European market. Cryptouniverse also offers consulting and large-scale mining equipment deployment for mining farms and other businesses.
Issues emerge when ordering high quality custom rigs that can require an intial investment between $5,000 up to $15,000 and beyond. Certain manufacturers repeatedly postpone shipping times, and due to a continuously increasing mining difficulty over time, potential ROI has a tendency to drop even further.
There are many miners who are doing mining rig using cheap electricity due to geographical advantage like in China, Iceland etc. Using this with an efficient number of GPU’s increases the chances of mining ether faster and more in number. However, as more common people are getting into this network, time to mine per ether has increased vastly and thus, profitability depends on numerous factors.
Carefully weigh your options, but whichever card you decide on, be prepared to spend a lot of shopping time at the various retailers and resellers. Only if you keep in mind your budget and power costs, you can hope to find that coin at a “fair” price.
A: You can use any ETH wallet address for mining, but some exchanges do not allow mining or do not allow very small deposits so double check with the site if mining directly to a web-deposit address.  A good alternative to downloading the full Mist wallet and Ethereum blockchain is MyEtherWallet.com, which still allows you to manage your Ether wallet address and maintain control of your private keys (which is important for security and/or wallet backup and restoration if needed).  

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