“ether mining rig reddit”

“ether mining rig reddit”

It was this break down of the Bretton Woods System that ultimately led to the mostly global acceptance of floating foreign exchange rates in 1976. This was effectively the “birth” of the current foreign currency exchange market, although it did not become widely electronically traded until about the mid 1990s.

Log into your AWS Account, make sure you are in one of the four US Regions (N. Virginia, Ohio, N. California or Oregon), and choose the CloudFormation service. Then you’ll want to create a new New Stack.

If you are running Windows Defender or some other anti-virus program, add an exception to it so that it does not flag the Claymore mining executable “EthDcrMiner64.exe” as a virus or try to disable/delete it.  

activate above 4G if you have that option available under your motherboard, that is specially option for some motherboards , used to optimize your PC if it has 4 or more GPU’s connected, mostly Z270 motherboards have this option (h81 pro btc does not have this option, it has it already by default)

hey! first of all thank you for your immediate reply. Now the computer, after that it verifies the 4 things, it says “esecution of code impossible because “openCL.dll” was not found. Can you help me again?

Custom BIOS. Custom BIOS’ are trickier. While it’s easy to use a tool such as AtiFlash to flash your GPU, bare in mind that it is risky. You will also need to find a BIOS that is suitable for your GPU unless you’re proficient at tweaking it yourself with a tool like PolarisBiosEditor. However, this can have the largest gain. For example, for the RX480 a custom BIOS can raise its hash rate to 30Mhs+ which is a considerable 30% improvement!

Currencies are traded against one another in pairs. Each currency pair thus constitutes an individual trading product and is traditionally noted XXXYYY or XXX/YYY, where XXX and YYY are the ISO 4217 international three-letter code of the currencies involved. The first currency (XXX) is the base currency that is quoted relative to the second currency (YYY), called the counter currency (or quote currency). For instance, the quotation EURUSD (EUR/USD) 1.5465 is the price of the Euro expressed in US dollars, meaning 1 euro = 1.5465 dollars. The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF). The exceptions are the British pound (GBP), Australian dollar (AUD), the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g. GBPUSD, AUDUSD, NZDUSD, EURUSD).

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RED – this part shows you the real GPU’s core clock rates and its voltages. In other            overclocking tools you will only see the last one, in this case 1340 Mhz. As you noticed there are 8 of them (P0,P1….P7) and that are the GPU’s core states. This means the GPU switches automatically to default between those states, depending on how much you use the GPU. From all those 8 states, we don’t want the GPU to switch between them, we want it to run stable at the fixed clock rates we put it on. To do that we will need to DISABLE all  the GPU’s states except the last one (P7). You can disable every state from P0 till P7 simply by double clicking on its name (just go with  the mouse over “P0” and doubleclick), you will know if you are successful if that state changes colour.

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Mist also contains Geth, a popular command line interface. You may choose to get only the latest Geth app for your system, it’s able to perform all the functions of Mist (and more) from the command line. Geth (an abbreviation for “go-ethereum”) allows you and your miner to interact more directly with the Ethereum network but Geth definitely requires some programming knowledge.

Note that buying used cards from crypto miners is not recommended, due to the wear and tear mining places on cards. If you resell your card after it’s no longer useful for mining, you should mention that it was used for mining, then price it accordingly.

Take another example. Suppose the spread for EUR/GBP is 0.8414-0.8415. If you think the price of the euro is going to rise against the pound you would buy euros at the offer price of 0.8415 per euro. Say in this case you buy €10,000 at a cost to you of £8415.The spread for EUR/GBP rises to 0.8532-0.8533 and you decide to sell your euros back into pounds at the bid price of 0.8532. The €10,000 you previously bought is now therefore sold for £8532. Your profit on this transaction is £8532 minus the original cost of buying the euros (£8415) which is £117. Note that your profit is always determined in the second currency of the forex pair.Alternatively, suppose in the first instance you think the price of the euro is going to fall, and you decide to sell €10,000 at the original bid price of 0.8414, for £8414.In this case you are right and the spread for EUR/GBP falls to 0.8312-0.8313. You decide to buy back your €10,000 at the offer price of 0.8313, a cost of £8313. The cost of buying back the euros is £111 less than you originally sold the euros for, so this is your profit on the transaction. Again your profit is determined in the second currency of the forex pair.

Once a checkpoint is validated, there’s no way to go back and use a chain without it. Even if 99% of miners support a chain that doesn’t include a checkpoint block, all clients in the network will still continue to use the one with the checkpoints. This removes a lot of the power that miners currently have.

CloudFormation is a service in AWS that allows you to create ‘templates’ that define the systems you want to deploy as code. This makes it easy to save, replicate, and share the exact configuration of a system. The templates are created in JSON or YAML and are pretty flexible. This template can be used in any of the four US AWS Regions to deploy a Spot Fleet that will automatically mine Ether and deposit the proceeds in your Ethereum wallet.

OANDA Asia Pacific Pte Ltd (Co. Reg. No 200704926K) holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore and is also licenced by the International Enterprise Singapore.

Nanopool is the largest mining pool with around 130,000 active miners. Fee’s are 1% and they also payout uncle blocks. This means that if your miners were close to solving the algorithm that would have paid out the block, you’ll receive a bonus for that through nanopool.

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.

Run your miner. Once you have your miner configured, you can start your mining operation. Run the batch file you’ve created if necessary and watch the miner connect and start mining. You will most likely notice the rest of your computer slow to a crawl as the miner works.

Step 9: Click on the download and click install. Your firewall can cause issues but just click allow if it does so – the same is true of windows that doesn’t recognise or approve the software – tell windows its ok when asked. Click through the installation process until Ethminer is installed.

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The Ethereum developers have stated that they’ll be releasing what they call the “difficulty time bomb” on the PoW chain shortly after Casper is implemented. To put it simply, the difficulty time bomb increases the mining difficulty exponentially until the chain becomes impossible to mine – an event called the “Ethereum Ice Age”.

Let’s face it, if you want to start trading, it’s likely because you want an income stream. Well, you aren’t going to have much of an income stream if you start with $100. Since very few people are patient enough to let their account grow, they will risk way too much of their capital on each trade trying to make an income, and in the process lose everything.

Ethereum addresses are composed of the prefix “0x”, a common identifier for hexadecimal, concatenated with the rightmost 20 bytes of the Keccak-256 hash (big endian) of the ECDSA public key. In hexadecimal, 2 digits represents a byte, meaning addresses contain 40 hexadecimal digits. One example is 0xb794f5ea0ba39494ce839613fffba74279579268, the Poloniex ColdWallet. Contract addresses are in the same format, however they are determined by sender and creation transaction nonce.[53] User accounts are indistinguishable from contract accounts given only an address for each and no blockchain data. Any valid Keccak-256 hash put into the described format is valid, even if it does not correspond to an account with a private key or a contract. This is unlike Bitcoin, which uses base58check to ensure that addresses are properly typed.

It is possible to mine Ethereum, using online services such as AWS, or DigitalOcean. However, no-one has managed to make this real-time profitable, and you should only take this root if you don’t wish to build your own rig and want to speculate on the pricing.

None of the models developed so far succeed to explain exchange rates and volatility in the longer time frames. For shorter time frames (less than a few days), algorithms can be devised to predict prices. It is understood from the above models that many macroeconomic factors affect the exchange rates and in the end currency prices are a result of dual forces of demand and supply. The world’s currency markets can be viewed as a huge melting pot: in a large and ever-changing mix of current events, supply and demand factors are constantly shifting, and the price of one currency in relation to another shifts accordingly. No other market encompasses (and distills) as much of what is going on in the world at any given time as foreign exchange.[74]

Mining is accomplished by running unique metadata like timestamp and software versions for a block of transactions through a hash function repeatedly. Each repetition alters the “nonce value,” which has an impact on the resulting hash value (a scrambled string of letters and numbers with a fixed length and a random appearance).

Turnover of exchange-traded foreign exchange futures and options has grown rapidly in recent years, reaching $166 billion in April 2010 (double the turnover recorded in April 2007). As of April 2016, exchange-traded currency derivatives represent 2% of OTC foreign exchange turnover. Foreign exchange futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are traded more than to most other futures contracts.

By the way: I do not NEED forex as an income stream – I am retired, and have a modest pension which is sufficient for my modest life style. In forex I would simply let my money compound until it reaches an amount which would allow me to take out some of it every year to get extra money to do the things I’d like to do in my last few years on earth (hopefully I have another 30-odd years, but more realistically only 20-odd years), and also leave something for my heirs. My strategy has been to start live trading by just putting $100 into forex every month, and letting it grow via compounding, at whatever rate of compounding I could achieve, for up to five years, until I have sufficient skill to be confident of earning about 0.2% per trading day. That was my modest target when I started. But what you write seems so MUCH more ambitious compared to my much-more modest goal that I am kind of blown away! So again, could you let me know what strategies I can use to make the kinds of returns you say one CAN make in forex?

While, on the surface, this is incredibly easy, as I’ll show below, you must be aware that mining is very much like trading. Cryptocurrency prices fluctuate, your equipment might break, and so on. For example, when I started putting this project together, the rough number estimate was that I’d recoup my investment within six months. Now, with the same calculations, it would take eight months. The advantage of mining over trading is that coin prices can be somewhat more stable, and at the end of the day, you’ll still have the equipment. Which, if you’ve chosen wisely, wouldn’t have lost too much of its value.

GPU CORE OVERCLOCK/UNDERVOLT – we need to do two things to the GPU core. First, we will need to set P7 clock rate and its voltage. You need to remember that the GPU’s core is not used to mine ethereum a lot, it just helps the memory to do the hashrate. The GPU’s core generates the most heat on the GPU and uses the most power, so our intention is to push the GPU’s core down as much as possible to save power and lower the temperature on the GPU without losing ethereum hashrate, or lose some hashrate because we save more on the power cost reduction than the small ethereum hashrate drop. It would be very recommended to have Wattmeter to make your own calculations to see what’s more worth for you. In general most optimal clock rates for ALL GPU’s is around 1150mhz. Some 570 can even work at around 1100mhz without losing any, or very low hashrate reduction on ethereum and that will reduce  the power draw drastically. Some RX 580 need 1200mhz to have the optimum hashrate, but most of them work best at 1150mhz. In general never go above 1200mhz because it will start to use much more power,  and you can will that with your Wattmeter. For the Voltage part, it’s best to keep them at 850mV. You can try to reduce the voltage to 825mV or 800mV if you are going to keep the GPU’s at 1100mhz, but it is possible to get a freeze or crash. The best way for you is to test your hashrate with those values described and see what effect it has for your GPU to run it at 1100mhz, 1150mhz, 1200mhz with 850mV voltage in all cases. Then compare the power draw with the hashrate and calculate what’s more profitable for you. In most cases 1150mhz/ 850mV is optimal.

Personally, I’ve concluded that due to the very high Ethereum mining difficulty, it’s not actually worth it in the short and mid-term. An hour of running a g2.8xlarge instance currently costs around $2.6 per hour. The current gains in mining Ethereum is around $2.6 a day!

One of the best ways to learn about forex is to see how prices move in real-time, and place some trades using fake money (so there is no actual financial risk to you). Check out Practice Day Trading with These Simulators for some options on where to hone your forex trading skills.

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