“ether mining what is a share best”

“ether mining what is a share best”

MineShop is a mining hardware store based in Ireland with a wide range of variety in mining produts. MineShop provides discounted delivery for large orders, a 14 days return policy and online support through Skype.
When reading the specifications for ASICs on this page is that they should be interpreted as being indicative, rather than authoritative. Many of the figures will have come from the manufacturers, who will present their technology in the best light – be that high hash rates that in practice may not be very efficient and require additional cooling, or very high efficiency at a cost of hash rate and risking being slow in the race against difficulty adjustments.
Nvidia’s GTX 1070 isn’t just a great graphics card for gaming, it’s also an excellent mining GPU. This is because it manages a high hash rate of around 30 mh/s without needed too much power. Remember, the more power a GPU requires, the more expensive it is to run, which will eat into your cryptocurrency profits. As with many recent Nvidia GPUs, the 1070 is on the pricey side, so you will have to take an initial hit when starting up, but if you’re into cryptocurrency mining for the long run, the 1070 is easily the best mining GPU currently available.
This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. A high diff change will cause you to generate fewer coins in the future.
First, you must calculate how much you’re hashing power will be. If you already have some GPUs that you’re planning to use, then you can use Google to find out its hash rate. Alternatively, you can use a site such as CryptoCompare to determine what the best value for money GPU is. However, I’ve not yet found a database with a full list so you may wish to start your own excel file and compare the hashrate you per dollar spent. GPU prices can also vary significantly, country to country, so make sure you take this into consideration as well.
Total network hashrate has been climbing rapidly since Q2 2016. A dip occurred on news of the DAO crisis but hashrate has since recovered. Things were relatively quiet until around Q2 2017 where everything Crypto related absolutely boomed, especially Ethereum as it facilitated a wave of new projects and ICO activity.   This chart from Etherscan tells the story:
When choosing a mining group, it is important to join one with low rates that provide reliable returns. You should also consider the location of the cluster server when you decide which is best for you. To obtain the best results, you must choose a server that is close to your geographical location. This will reduce the latency times and improve the mining performance of the equipment.
Is Ethereum mining profitable? This is one of the most asked questions about ethereum mining. The response is not so simple and clear because not all the parameters can be anticipated. Profitability depends on the hashrate and on the price of hardware and electricity but also on Eth price and on the how many other people are mining in the network. While most of the parametes are steady the last 2 are can change from on day to another.
Cryptocompare does a great job curating a list of mining equipment for various coins. In order to calculate our share of mining profits, we need to get the hardware’s hash rate, the amount of power that it will use, and how much it will cost.
You suggested the usage of the GIGABYTE 1070 with the model number #GV-N1070WF2OC-8GD, however, on Amazon (at least on the German Amazon), the power usage of it is noted as 500w and I don’t really understand how six of those are supposed to work together with a PSU with 1000w. Is that information simply wrong or am I missing something?
The word mining originates in the context of the gold analogy for crypto currencies. Gold or precious metals are scarce, so are digital tokens, and the only way to increase the total volume is through mining it. This is appropriate to the extent that in Ethereum too, the only mode of issuance post launch is via the mining. Unlike these examples however, mining is also the way to secure the network by creating, verifying, publishing and propagating blocks in the ethereum blockchain
Figuring out how to set up all the mining equipment for Ethereum can be a daunting task for someone without the technical expertise. With the market expanding, more and more people are looking to invest in Ethereum. What some people may not realize though is that you can also mine Ethereum to passively generate an income every month.
Talk about big, bad and beautiful, not to mention cool. I considered mining for a short period of time, but I didn’t go to the darkside. Gaming with my GPU in the 30’s and 40’s took some time to get used to.
Ethereum Mining Difficulty Adjustment –  Most mining pools use VARDIFF on their mining pool connections. What does VARDIFF mean? VARDIFF means ‘variable difficulty’. When you connect to a mining pool using variable difficulty, the difficulty of your mining shares will rise and fall based on your hash rate. Your share difficulty will fluctuate such that your mining rig will vary share submission between 4-10 shares per minute. This reduces the load on the mining pool’s server backend while making your miner shares more efficient in terms of helping the mining pool find blocks. Since most pools use this feature, it really doesn’t have much bearing on your choice of which Ethereum mining pool is the best to use.
Even though currency mining seems to be an easy get rich quick scheme, it does not come without risk, the main risk being: fire. If you have a relatively large mining operation with poor cooling, and you’re using bad power supplies with multiple extensions cables going into one outlet, something could catch fire very easily, making not only your rig worthless, but most likely your house too. As long as you use parts from reliable companies, and keep your rigs cool and dust free, this shouldn’t be an issue. Another risk to watch out for is if you have young children or small animals. They could easily break your rig by accident, either by throwing something at it or giving it a static shock.
If you have a quality mining rig, low electricity costs, and join a mining pool with low fees, you can earn a couple hundred bucks a month. There are numerous variables that affect this calculation, though.
I am new to mining and want to build a rig. I think I have enough money invest in a very nice setup. Can you please tell me if the Gigabyte GeForce GTX 1070 Windforce OC is the best GPU available on the market right now?
2. You say that “You can also change the memory clock. However, this has a smaller effect”. Is this for real? Everywhere I read about overclocking it has been said that the memory increase increases your hashrate. The core clock also increase it, but this affects the power consumption.
What do you want to optimise for? Lowest upfront cost per unit hashrate? Lowest ongoing cost (upfront + electricity)? Best hashrate per unit electricity? Lowest heat (and electricity) per unit hashrate?
Eken Cloud Mining is an easy, cheap, and good way to get or mine Bitcoin, Ethereum, Zcash, Dash or Monero. EKEN Cloud Mining was founded in 2016 in France where the office was set. With the mining operation in Canada, they provide daily payouts to the clients with a minimum amount of 0.0047 BTC and 0.12 ETH. EKEN is giving you a $15 welcome sign account.
With every good there will be some complaints, as customers found that the product was that their card stopped working only after using it for a month. A few people have said that their card created a lot of buzzing, which was quite annoying. People have also mentioned that the fan was defective on their units, causing the card to overheat pretty quickly.
In fact, a group of companies and universities has formed a nonprofit expressly to legitimize Ethereum; promote it as an open-source platform and not a commercial enterprise per se; and develop and support those applications that run on it. And these are not rinky-dink startups — we’re talking about major technology players like Intel and Microsoft and financial behemoths like JP Morgan and Credit Suisse.
The Etherum project was born in 2015, and while for some it may have seemed like just another drop in the ocean of cryptocurrencies, it was clearly a lot more than that. For starters, unlike the vast majority of other cryptocurrencies out there, Etherum was not only about the cryptocurrency itself, but rather had its main focus on smart contracts – a feature that allowed the use of the blockchain technology in other fields as well, not just in the financial segment. You can read more about smart contracts here.
You can use any personal computer to mine Ethereum, provided the system has a Graphic Card (GPU) with at least 2 GB of RAM. Central Processing Unit (CPU) mining is simply an exercise in frustration. It takes an extended period to complete, and the profits are little thanks to the cost. GPUs are your best bet as they are 200 times faster than CPUs when it comes to mining Ether. AMD cards are more efficient than Nvidia cards as well.
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Long considered the workhorse of GPU mining, the time has sadly arrived when the RX 400 and 500 series must be put out to pasture—at least for Ethereum mining purposes. Unless you intend to mine other altcoins and can find an RX 580/570/480/470 at a good price, you should shun the rip-off prices that sellers often charge for these cards.
There have been quite a few new mining pools for Ethereum mining appearing in the last few weeks since we have last updated our list of Ether (ETH) mining pools, so now it is time to refresh things a bit. As you will probably notice many of the new pools are based on the Open Ethereum Mining Pool by sammy007 with some of them retaining the base design and functionality and others further improving things. Below is a list of the new pools for mining Ethereum and after that you will see a list of the older ones that have been available for longer and are more established and well known and we have already covered here…
The screens also provide extra security by verifying and displaying important wallet details.  The hardware wallet also supports a wide support of coins (Bitcoin, Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stratis) and most importantly an attractive price tag.  HOW TO SETUP AND CONFIGURE A LEDGER NANO S
So now that we have talked about the basics, we are going through a brief review of what the Internet chooses as the best ETH miners there are out there. This list is ordered from 3 to 1, being 1 the most popular option as of 2017 with the most useful functions.
Ethereum’s Ethash algorithm is just one of several algorithms intended for optimal mining on GPUs and is used to secure the network and empowers end users to have full control of their money. This algorithm was designed to prevent the development of dedicated ASICs to mine it. SHA-256 and Scrypt are extremely compute-hungry, consequently rendering ASICs more efficient than our graphics cards (even more so than CPUs). On the other hand, Ethash is rather dependent on memory performance (timing, frequency, and bandwidth). Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrency (including Ethereum Classic (ETC), Zcash (ZEC), Monero (XMR), and Vertcoin (VTC)), which gives GPU miners enviable flexibility, in order to be able to switch between over 40 coins that are based on their current profitability.
Profitability: When choosing a mining pool make sure you consider the profitability of such pool. It is vital to join the mining pool that has a good amount of hashing power in the Ethereum network. If it has a high hash rate, then it has the chance of generating more blocks.
Once you successfully mine a block and it is included in the blockchain, you will earn ether as well as gas set for that block, which is the computational cost of mining that block. As a miner, you’ll always target blocks with more gas allocated because it is more profitable. The amount of ether you get for gas is computed as gas used multiplied by gas price.
Sidenote: If mining isn’t your thing, and you are just interested in purchasing some cryptocurrency as part of your investment portfolio, I personally use and recommend Coinbase. I would also recommend keeping your coins safe using the Ledger Nano S hardware wallet. This hardware wallet supports all the major cryptos including Bitcoin, Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stratis, Ripple, Bitcoin Cash, Ark, Expanse, ubiq, Pivx, Vertcoin and Viacoin. Did I miss any?

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