“ether mining probability”

“ether mining probability”

Zcash uses the equihash algorithm. Same as btc gold. I bought my contract to mine zcash, but don’t think it is unreasonable that in a few month’s time, Genesis might make it possible to mine btc gold with it since it is the same algorithm. If not, Zcash will still be hot. It is a win win!
If you live in a hot region and use air conditioning, you actually consume more than double the listed electricity because the heat being produced in the computer has to be subsequently removed by the air conditioning, which is not 100% efficient.
Hopefully we get some plateau, and ETH price goes up to where there is ROI at some point for cards in the $250 range that were online in the 2018 time frame. Then we can all be happy (and blissfully ignore the fact that buying would likely have been better haha – but yes that’s a different topic entirely – profitable in USD is good enough for me for this project!)
Although, Radeon RX 480 may not compete with earlier versions of Graphic Processing Units of Ethereum mining in terms of hash power ratings, it enjoys excellent popularity due to its impressive economy. Radeon RX 480 offers outstanding power economy to compensate its lower hash power of 25 MH/s. The cost efficiency of Radeon RX 480 is higher than aforementioned GPUs for Ethereum mining and consumes just about 150 Watts. As far as the RAM is concerned Radeon RX 480 is packed with 8GB GDDR5 RAM. Total cost of Radeon RX 480 delivers excellent economy as compared with majority of Graphic Processing Units for Ethereum mining.
Ethereum Mining rig requires certain specifications on the hardware as well as on software side. In order to mine ether, you need to have a computer with Graphics card/GPU or CPU. GPU’s have a higher hash rate, i.e. they are much faster in solving problems and are therefore 200 times faster than CPU. It is wise to use GPU for your mining and there are also mining rigs being done in which hardware containing 6-7 GPU’s together are built to provide faster performance and more power.
This is great info. I’ve just built a mining rig, and I’ve written up a post on how I did it. The post focuses on building the case, not software or which components to buy. http://blog.timwheeler.io/building-an-ethereum-mining-rig/.
Ethereum cloud mining contracts are best from Genesis Mining with 2 year lifetime. Hashflare offers 1-year Ethereum cloud mining contract. Our latest cloud mining calculation is always available on Best Cloud Mining.
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).
That being said, the more powerful your mining hardware is the more likely you are to successfully mine Ether, and in turn generate a profit. If you use one of the three GPUs mentioned above, you’re off to a good start.
Note: If you lose your keys, you lose access to the account and its ether balance, permanently. Private keys cannot be generated from public ones (obviously) and the password you’re asked for when creating the account is just a means to encrypt the private key, not regenerate it. Therefore, remember your password!!!!
Early Bitcoin client versions allowed users to use their CPUs to mine. The advent of GPU mining made CPU mining financially unwise as the hashrate of the network grew to such a degree that the amount of bitcoins produced by CPU mining became lower than the cost of power to operate a CPU. The option was therefore removed from the core Bitcoin client’s user interface.
I have only been doing this a little over a week, but have seen real deposits of ZEC going into my accounts daily – and so far in amounts that are profitable. I noticed some Genesis Mining identified deposits to others on My Ether Wallet a while back and realized that a lot of people used this service to get started in acquisition of coin. It is great so far.
The hash rate of the RX 460 is reported to be around 11 mega-hashes per second (MHS). With a “peak” wattage consumption of 75 watts, that translates to 0.147 MHS/W. The 470 produces a hash rate of around 25 MHS with a power consumption of around 120 watts for 0.208 MHS/W. Of the two, the 470 offers better efficiency per watt. But the 460 is easier to deploy on low-cost, low-end systems. And the 470 costs a great deal more on secondary markets. More or less, the 470 is running for well over $350 on eBay, whereas you can still get a 460 for around $100.
I had bitcoin mining running for like 6 weeks and decided to get some Litecoin mining as well. Got myself 80 MH/s which seems to deliver like 0.4 LTC daily. Not bad at all! Support @ Genesis is great; they answer quickly and the answers are satisfying. Keep up the good work!
Think about it. It does not sound like much, but it is. If you have a friend that just invests 1 Bitcoin, you instantly get 0.10 Bitcoin. Your friend probably earns much more % on his 1 Bitcoin, depending on the contract he choosed.
With a modest rate of Hash power that stands at 24 MH/s, Radeon RX 470 has comparable features of Radeon RX 480. There are however minor differences between Radeon RX 470 and Radeon RX 480 which was designed initially as a graphic card for gaming activities. Popularity of this graphic processing unit for mining activities can be attributed to its robust processing power and satisfactory hash rates. In contrast, Radeon RX 470 was built for Ethereum mining right from the word go.

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