“ether mining pool calculator best”

“ether mining pool calculator best”

Any personal computer can be used for the mining of ether, as long as the device incorporates a Graphic Card (GPU) and having at least 2 Gigabytes of RAM. Mining on Central Processing Unit (CPU) is simply a frustration in exercise; it incurs a lot of time with very minimal profits.
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!
To get started you will need to obtain a mining wallet to collect your digital currency, mining software, and of course your trusty PC equipped with a worthy “miner” or GPU, or better yet multiple GPUs. NiceHash is a simple software package that will get you up and running, but there are a myriad of mining app choices and wallet types out there to choose from, with lots of guides on the net to educate yourself. We’re going to be focusing on the hardware and mining performance side of things in this piece, however.
This is a pool where Ethereum mining is easy, fast and free; zero mining fees. It allows a miner to mine directly to Debit Card and uses STRATUM pool mining software. BitClub also offers to give away prices to miners. It contributes about 3% of hash rate power.
Ethermine works on the PPLNS payment scheme (Pay Per Last N Shares), which includes a luck factor in the payment calculation, and favors loyal users, compared to those who jump from one pool to another.
Vega 64 is great for mining coins based on Cryptonight.. When you were able to get the Vega 64s at MSRP they were beyond good. RX550 was also a steal of a deal. Right now the RX550 is much better than the RX580.
And because Scrypt is less mathematically complex than SHA-256, Litecoin mining is way faster than bitcoin mining. A Litecoin block takes only 2.5 minutes to hash, compared to the 10 minutes it takes to hash a bitcoin block. So Litecoin transactions are also faster to process and confirm. 
We recommend checking out an Ethereum mining calculator before starting with mining process. An Ethereum mining calculator is an essential tool that will help you work this out, and by entering the above details into the calculator, you’ll be presented with a rough guide of your expected profits. The calculator will automatically enter the current figure for difficulty. However, Ethereum’s high price lures in more miners so that difficulty is very likely to rise in the future.
Kindly notice! Hashgains do not give you any trading advice. Before availing our services, do your research and get answers to your questions in order to find out whether cryptocurrency mining is legal in your state, country, province or not.
ethOS is a stripped down version of Linux (Ubuntu 14.04 to be specific) that has the simple aim of mining Ethereum (and a few other cryptocurrencies). Not only is it incredibly easy to set-up, but it’s also easy to use and maintain. I’ve also noticed that it runs more optimally than Windows. It does have the downsides that you won’t be able to use your rig for much else, but most people don’t tend to anyway. Furthermore, remote access is only through SSH so you should be comfortable with not having a GUI. However, for $39, it’s a no-brainer in my opinion.
This tool was created for many users who can not build a huge mining farm but also want to get profit in mining. Best chance is to connect to any Ethereum pool. Be aware of low hashrate pools, they often use same design and it takes a lot of time to get first payment, it can be one week or even one month, look hashrate information at our rating table.
I’m mining at poolmining.org a small EU based pool that started about 2-3 months ago. Only found 2 ethereum blocks so far all in a single day (crazy variance), but the payout for me was more than satisfactory – I have 2x 1070. The pool has vardiff, PPLNS and a really dedicated pool operator that you can actually talk to through the support forum.
Your host and resident “scientist.” Mike is the founder of The Geek Pub. A jack of all trades who simply enjoys the challenge creating things, whether from wood, metal, chemical, or lines of code in a computer. Mike has created all kinds of projects that you can follow and build yourself, from a retro arcade cabinet to plantation shutters for your home.
It’s the most expensive Ti product ever, and it generally retails in the $800 range. However, mining demand has driven its price to over $1,000 in some locations. But for those who can stump up the cash, it’s a card that really looks to the future.
When you first boot it up, you must have a single GPU connected to the x16 slot closest to the CPU. The initial boot up will take a few minutes. Once that’s done, you will need to change the remote and local config files. To help with this, gpuShack has a fantastic knowledge base. Of course, if you haven’t yet, then you will need to get yourself an Ethereum Wallet/ address.
There are currently about 2.5 million GPUs mining Ethereum. The rating for efficiency can be determined by dividing the hashrate by the power draw. This is a primary indicator, which shows how profitable mining operations will be in the future (after the payback period), given that electricity is a fixed, ongoing cost. The more efficient your card (newer cards are usually more efficient), the more profitable it will be once you’ve received the ROI.
GPUs while less powerful than ASICs give you the option to choose what coin to mine, as ASICs will only allow you to mine on a single algorithm. GPUs can swap different algorithms any time they like, and can also be resold to gamers, unlike ASICs which can only be sold to fellow miners.
In some cases, your motherboard BIOS might not be set-up correctly straight away. If you’re adding your GPUs one by one, and at one point your rig crashes, and you’ve eliminated GPU related issues, then it’s likely that your motherboard is the issue. Have a look around the forums for help, but often you will need a few settings changing. Personally, I’ve had experience with having to disable switch off some BIOS features and altering allocations, but system setups vary largely so I would say Google is your best friend.
Our comparison includes graphics cards armed with modern GPUs: AMD is represented by Ellesmere, Baffin, Lexa, and Hawaii (that’s the Radeon R9 390, Radeon RX 470/480, and Radeon RX 550/560/570/580), while Nvidia-based GP106/GP107 cards include the GeForce GTX 1050 Ti, GTX 1060 3GB, and GTX 1060 6GB.
Geth needs to link up with the network before anything becomes fully operational. Type in ‘geth —rpc’ in the terminal and then press enter (you should be used to this by now), this action starts the download of Ethereum’s blockchain and synchronizing with the global network. This process is time intensive and is dependent on how large the blockchain is currently and the speed of your internet connection. Make sure you wait until the completion of this process before mining.
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.
3) Choose a memorable download folder for the “Ethereum Wallet” zip file. Extract it with a suitable file extraction tool, navigate to the new folder the extractor creates and then locate and run the Ethereum app.
Quite the opposite I’d think. Gamers purchasing high end cards wouldn’t want them to be hamstrung by a lack of VRAM to play at higher resolutions, whereas I don’t think most mining algorithms would be significantly affected. The only concern would be Eth DAG size reaching 3.5 GB, but it’s entirely possible it’ll go PoS and end eth mining before then anyway. And regardless, you can always mine a different coin.
The great part about these is that they are quite power efficient, and with a bit of tinkering, you can go below their 150W TDP without losing in the performance chapter. The not-so-great part is that, due to their excellent price/performance ratio, the RX480 and RX580 have sold out in a blink of an eye, so finding a store that has these in stock (without artificially inflated prices) is anything but easy nowadays. Of course, there is Amazon, eBay and other similar sites, but the people selling them know exactly what they are giving away, so it’s not uncommon to find one of these cards (which used to retail around the $200 mark when they first came out) selling for double or even triple their original price.
Miners expend electricity hashing that block with the processing power of their GPU(s). A successful hash result produces produce a unique Proof of Work (PoW) proving that the miner worked on that block.
Also, this calculator shows that DAG size will only reach the point to render 3GB unusable around the end of this year (block ~6.9 million, epoch 231), not epoch 180 like shown in the article. Not sure which to trust…
The GTX 1070 is an amazing graphics card, where it’s only let down is it’s expensive price. However, this card achieves amazing hash rates on the ETHash and EquiHash algorithms, and draws a mere 150 Watts. My personal rig uses 4 GTX 1070’s, so I highly recommend these cards, especially if you can get them for a good price. This card is an excellent performer when it comes to gaming, so if you decide to sell your rig, you should be able to sell these cards for a great price. With 8 GBs of onboard VRAM, you will not have to worry about an increasing DAG file.
Your ethereum wallet offers you a gateway to distributed applications on the blockchain. The wallet enables you to secure ether among other crypto-portfolios built on ethereum. You can also write, deploy and make use of smart contracts.
If it’s not included in your driver software, you’ll need a utility that monitors overclocking and temperatures. (While overclocking is not intended for more advanced users, it may reduce the lifetime of your GPU, and certain minor alterations may yield significant hash-rate improvements.)
For example, the RX 580’s hashrate has fallen from 23 MH/s (140 epochs) down to 18.5 MH/s (162 epochs). While the RX range is still great for mining other GPU coins, it’s quickly becoming obsolete for Ethereum mining.
Even though Ethpool and Ethermine are two separate sites, they are part of the same Ethereum mining pool. At the moment, Ethpool and Ethermine sites are the largest Ethereum mining pools. Ethpool and Ethermine allow for 25% of the network hash power.
AMD introduced their new 14 nanometer (nm) RX series card at a hard-to-resist $200 price in 2016 and crypto currency mining became much more profitable as the smaller 14nm fabrication process gives this card impressive performance and low power consumption.
Set up SSH: If you’re going to set up SSH, there are two important things you need to do. Firstly, set up port forwarding on your router, so that traffic redirects to your rig. Secondly, use the below commands, to change the SSH port to something different e.g. 2221. While this won’t stop an attack if there is a port scan, it will reduce the possibility of an attack by a crawler. You can also consider using private & public keys to 100% ensure that only you can access the rig.

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