“ether mining rx 580”

“ether mining rx 580”

this is my 2nd opportunity to set mining at genesis mining. it is very easy to start mining with them, compared with do that by myself. just hope i will have a chance to buy the contract for BTC mining.
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).
“After hearing about the cryptocurrency industry I wanted to get involved. Buying a plug & play rig from CoinMiner was the simplest and easiest way. Excellent decision as I’m making money from day 1!”
Question mine under linux ubuntu debian arch centos or windows or ethos and why, thank’s for the réponse, thx 🙂 with 7970 R9 280 thx.For the best rentability and the best hashrate and pool nanopool ou suprnova or fly or other, thx i’m noob thx
Yes, Ethereum Mining is still profitable when it comes to mining on large scale. In modern technology world, the Ether and cloud mining prices are the most important factors that need to be considered while mining ethereum or various cryptocurrencies. Hashgains provides the excellent ethereum mining services at an affordable price. Hashgains mining platform simplifies the Ethereum Mining process and provides the newly mined coins in the simple and easy ways.
As the world first 28nm BTC and LTC chip maker, Innosilicon selects Genesis Ming as partner in cloud mining industry business for its integrity, excellent customer oriented service and great user interface design. Genesis Mining is the best in class mining service that is supported by our technologically superior mining hardware. This unique synergy produces the best experience for those interested in mining and we look forward to having a long and prosperous relationship.
The other night I was talking with a fellow affiliate marketer on Facebook, our conversation for some reason started to focus on investments, stocks, and cryptocurrencies. Seems that alternative finance income ideas…
However, while there is a ton of info on the web on how to build your own GPU mining rig, many people still do not have the time or the expertise to make it work and get the most out of it. Also, it is a challenge to get your hands on certain mining gear if you buy by unit.
The answer is Difficulty. By automatically adjusting the computational difficulty of solving a block, the Ethereum blockchain is able to maintain ~15 second intervals. You’ll notice Difficulty closely tracks hashrate and it too has seen exponential growth this year:
This is the projected mining profitability of the Radeon R9 295 X2. As you can see, you’ll make over $1000 USD annually per card. This means you’ll break even in less than a year and generate passive income.
Thanks for the great guide. As a 72 year old, trying to figure things out isn’t always easy. I tried to ask this question on Bitcoin forum for Claytons mining software, but can’t figure out how to post the question in the right place. I have set everything up as you said and am mining Ether at 1600Mh/s, but I am apparently mining Decred as well at 1550Mh/s because the batch file from the Clayton miner has in the batch. Here is the batch file: setx GPU_FORCE_64BIT_PTR 0 setx GPU_MAX_HEAP_SIZE 100 setx GPU_USE_SYNC_OBJECTS 1 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_SINGLE_ALLOC_PERCENT 100… Read more »
I bought some contracts at Genesis Mining and had never problems with the ordering or payment process. The ordering process is straight forward and free of hassles. The transaction time for Bitcoin payment is 30 minutes, which is sufficient. In my genesis account I see all my contracts, payments and earnings. All is transparent and instantly updated. That‘s why I trust into their service.
If you are looking for a solid Ethereum mining hardware, then the Titan cards are something you should look into. GeForce Titan Xp impressed many miners. The large amounts of VRAM are supplemented by an excellent hash rate without too much expenditure of power. Same as RX Vega 64, its top-end AMD rival, this card can be overclocked up to 42 Mh/s, but it will consume 300 W when pushed that hard. On the other hand, the RX Vega 64 achieves a very similar performance but for about half the price.
Though this guide is mainly focused on the Proof of Work (PoW) side of mining, you should be wary of Proof of Stake (PoS), as Ethereum will be swapping over to this method in the near future. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. PoS relies on you “staking” your coins to the network; the more coins you stake, the higher chance you get of receiving the transaction fees of other Ether investors. Another benefit of PoS is that the computers are not very expensive, nor do they draw lots of power, making PoS a far greener alternative to PoW. There are also no block rewards in PoS, thereby making the transaction fees the only reward.
A slightly more expensive miner would differ in its PSU and GPU, but otherwise should look identical. Instead of using an RX 460, it might use an RX 470 (or even 480). Unfortunately, the prices of higher end cards has gone through the roof. I wouldn’t advise anything beefier than a 460 — just enough to get your feet wet mining crypto without costing a fortune in build costs and power.
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.
With the current saturation of miners and the stated plans to switch the network to a proof-of-stake system, I would avoid mining Ethereum at this time. There are several other coins available for mining, like Monero, that may be a better choice for you depending on your goals.
SWMining – A small Company from central Germany that has put together its own selection of ethereum mining rigs ready to go out of the box. The product lines consist of efficient graphics, mother boards, power supplies and container units.
Payback Never you pay 930 to get back 450 that is not a deal when you can buy a rig off ebay for 3k and make 5k on it even with power cost it is better to own your own equipment not to mention that is the coin your mining is no longer profitable you can move to another coin. would be better to buy the equip and rent it to others at these prices
The one extremely important factor that you and all people with this argument forget to mention is that the price/value of ether has gone up at a faster rate than the difficulty… Simply put, making less ether over time, but each ether is worth more! Currently, 2800 worth of hashpower will break even in only 6 months and anything after that is profit! Keep in mind, ether is in a downtrend right now, when it explodes again, breakeven will likely drop to 4-5 months. Btw, Genesis doesn’t charge you for electricity, so there’s big savings to consider there too. Thanks!
As you can monthly profits reduce by near 1/3 every month with estimated total profits plateauing at $2750 around 6 months. A far cry from the $10,000 I was predicted to make. Sadly, this is barely enough money to pay for the rig I built for mining!
The takeaway here is that hashrate has followed (with some appreciable lag) the ETH price explosion, which began in late January 2016, saw some downturn in late 2016, but then exploded again in Q2 2017.  What an amazing bull run! Up to almost $400 USD from just $10 USD in a few short months.
Install your GPU Drivers like you normally would (Next, next, Ok, etc.) and reboot.  Afterward, you know your GPU’s are recognized correctly if you go into Device Manager (search in Windows search bar) and you don’t see any warning marks on your GPU’s and it shows them correctly like this:  
This is another great graphics card for mining, although it pulls more power than the 1050Ti and has a steeper starting price, it pays off with its large hash rate bump. This card also has an external power connector, so you will not be able to plug this into any old desktop computer. However, this card is an excellent performer on the ETHash algorithm, as well as EquiHash. Keep in mind that if you choose the 3GB variant you should know that in the future, you will not be able to mine some coins on the ETHash algorithm due to how the algorithm functions; where the DAG file is stored in the GPUs VRAM. Even though this shouldn’t be a problem for a long time, it is worth noting. You can check the DAG size for many popular coins on this website.
You can always do what my friends did – take their miners to work and mooch of someone else’s free power. It was like they were converting someone else’s kWhs of electricity into money, sucking it right out of the wall. I think an awful lot of landlords learned about the dangers of unlimited “power included” deals in their leases when BTC came out!
All transactions in Ethereum (and other cryptocurrencies) are encapsulated within discrete blocks. These blocks are comparable to the batches of transactions which banks send to each other, except in Ethereum they occur every 15 seconds (on average). Blocks are identified by their “height,” starting from 0 and incrementing sequentially until the current block.
But even on the pragmatic side, cryptographic mining never made much sense to me. The profit margin is often so short-lived that by the time the average tech enthusiast hears about it, the bubble is ripe to burst. Once a mining algorithm moves to application specific integrated circuits (ASICs), it’s impossible to compete otherwise. Even if the crypto currency du jour doesn’t go ASIC, the mining pool can get saturated, and anyone without a quad-GPU farm (or better) may as well be trying to get to the moon with sliderule (wait, we did that . . .).
The recent drop in Ethereum’s monetary value combined with the vastly increased mining difficulty has severely decreased the profit margin. It’s certainly past the point where anyone buying a new, dedicated mining rig will see a good return on investment (ROI). Even if you spent a relatively meager $1200 on a new setup, you’d need to net at least $100 a month for a year to just break even. Ethereum’s volatile nature and pending shift to a proof-of-stake model makes it unpredictable. Only the most desperate or foolhardy would buy new mining equipment at this point expecting to make a profit. So let’s look for another attack vector.
Have a look at the quality-price ratio when choosing your video cards. Feel free to contact 2Miners support for an advice. By default you could purchase NVIDIA GTX 1060/1070 – this is a good option for beginners: there are many brands to choose from, and these cards are universal, so they work both on Ethash and Equihash algorithms. Do not combine AMD and NVIDIA GPUs on the same rig – if you choose AMD, then buy 8 AMD GPUs, if you select NVIDIA, then buy 8 NVIDIA GPUs.
To get something out of eth mining you need to put something in. The main costs you’ll face include the hardware and setup costs as well as the maintenance costs. These costs apply to solo mining and pool mining. For cloud mining, the fee you pay for a contract is your cost.
i’m in europe and i don’t have to pay VAT on business expenses. i also can say that I invested 1000€ and so if I earn (from mining or any other business operation) 1000€ i made a net income of 0 – so my income tax is also 0 on that part.
We provide simple, plug & play systems which work from day 1. You can view the best Ethereum mining rigs and have it delivered to your door. We also provide full solutions from facility design to electrical installation of GPU farming systems
It’s hard for me to tell yet – how legit is HashFlare, they seem pretty legit to me, but I haven’t yet withdrawn any  funds from there yet (well, I’ve been with HashFlare cloud mining just for a month and mining BTC)

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