“ethereum mining asic or gpu best”

“ethereum mining asic or gpu best”

The mining demand has driven prices well above their normal retail price. That said, the card achieves a hashrate similar to the GTX 1079 Ti and 1080 models. And it’s a fraction of the price and lower power consumption, at least compared to the 1080. However, you must keep in mind that this older technology will have a lower resale value than these Nvidia models (once it’s no longer suitable for mining).
We mentioned cryptocurrency mining several times so far, but didn’t really explain what mining is. Some may already be familiar with the term, but others might be new to the world of cryptocurrencies, so let’s go over the basics a bit.
The first thing you need to ask yourself is “What are my mining goals?” Seriously. This is important. Is it to make the most profit? Is it to mine the most coins in the shortest period of time? Is it to just have fun? Are you on a limited budget or have unlimited funds? The answer to that question will dramatically change the rig you decide to build.
I see a lot of people are having this same problem. I believe that something must have changed in the new version of Claymore which is causing this error. Can you perhaps install an older version of Claymore?
In order to mount the GPUs within the crate or case, you’ll need riser PCI cables to extend the PCI-e connection from the motherboard.  Get as many PCI Express 1X to 16X Powered Riser Cables as you can to match up with the number of GPUs you have.   There are many different variants, like this one or this or this.
We’ve curated a list of the best crypto trading courses from our Top 100 list. These courses range from basic lessons about how crypto works to advanced technical and fundamental analyses that dive deep into the more complex topics of cryptocurrency.
There are two downsides to this card, though: 1) it’s extremely hard to come-by, as the card has been discontinued for quite a while now, so you can only get a used one, and the prices tend to grow with every second, and 2) its official power requirement is 450W, meaning that a setup with multiple RX 295x2s (if you are lucky enough to get a hold of more of these beauties) will require a massive power supply, or multiple (just as massive) ones.
The motherboard is the most important aspect to any mining rig. The reason for this is that it needs to be able to support all of your GPUs. If you only plan on having one or two, then it’s not so important. However, most people will aim to maximize and have 6 GPUs in a single rig. There are very few motherboards that will support the running of 6 GPUs. The big advantage with mining is that you can run the GPUs from x1 PCIe slots, so you don’t need to find a motherboard with 6 x16 PCIe slots.
Now replace “” with your Ethereum Wallet address (which starts with 0x…) so copy that from your other text file and paste it here.  Then replace “” with any name you would like to create for your miner.  We’ll use “MiningRig1” for our example, so you now have:  
This is quite a useful list that has the information on the hash rates of many AMD and Intel CPU’s, and this list is constantly being updated. Though the list is only for the Cryptonight algorithm (or Monero) hash rates, I don’t recommend mining other algorithms on your CPU, as Monero works very well on the CPU, compared to other algorithms which heavily favor the GPU.
Step 15 CPU mining: Type in ethminer and press “enter” and you will start mining with your CPU. Again you will need to create a DAG file the first time you do this which can take some time. But after that is complete your Geth program downloaded in step 1 should start talking to your ethminer program and you should start mining!
Joining the Ethereum mining pool is the next step after you have obtained the proper Ethereum mining hardware. The adequate and reliable mining pool will aid you in getting more frequent payouts. This is in comparison to getting paid only when you solve an Ether block.
The card also excels at mining. The hashrate of this card tends to be 70 Mh/s, but it increases up to 82 MH/s when it’s pushed to its limits. One more thing worth noting is that the power consumption doesn’t exceed 215 W. In the raw hash power stakes, Titan V puts Nvidia far ahead in the raw hash-power stakes, and beats out the closest rival from AMD – RX Vega 64, which consumes more power consumption if overclocked. Titan V is super efficient and can be overclocked up to 82 Mh/s, while the Radeon RX Vega 64 only reaches about 45 MH/s and consumes more power.
Any others: Do not trust any random names on the internet, bitcoin is a currency that cant be chargeback in anyway and so thieves are out there looking to steal your bitcoins so be prepared and dont invest in every single website you find out there. Some are legit, some scams.
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.
GeForce GTX 1070 (Founder’s Edition) is the “Pascal”-architecture GPU that people with limited (though still substantial) budgets have been waiting for. This card is based on the same chip as the big-gun flagship GeForce GTX 1080, but it was cut down a bit to make it more affordable.
Before you go ahead and mine Ethereum, make sure you have a specialized computer hardware that is meant for full time dedicated mining. Different kinds of mining hardware such as GPUs and CPUs are available in the market. Earlier, CPU devices were used for mining Ethereum. But nowadays, you require a mining rig, which is comprised of numerous GPUs. GPUs have a higher hash rate, and can solve equations faster.
When mining, it is important to join a mining pool, as the chances of you being able to mine Ethereum on your own are quite slim. In a mining pool, there are other miners who come together to pool their computational power or resources. They pool their resources so that they can increase their chances of solving cryptographic puzzles to enable them to earn either as a form of reward. When choosing a mining pool, there are several factors to consider. As a miner you should consider the following:
Note, when downloading the Claymore Miner Windows may provide a warning, but if you used Claymore’s download link can you ignore this.  He is a well-respected developer who has been building crypto miners for many years.  
The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions.
Step 15 and 16 possible error: If you are not patient is “JSON-RPC problem. Probably couldn’t connect. Retrying in 1…” As you can see in the screenshot bellow this happens when you don’t have the blockchain synced yet.
Litecoin is closely based on bitcoin — they’re built on the same underlying code — but with a few distinctive tweaks. The central difference is that Litecoin is mined using the Scrypt algorithm, which is rooted in mathematical computations that are simpler than those used by bitcoin’s SHA-256 algorithm. As a result, in contrast to the specialized, super-expensive, energy-intensive mining rigs required to mine bitcoin, you can mine Litecoin with a decent laptop or desktop PC, especially if it’s tricked out with a powerful graphics card. 
 – You want to get a simple low end CPU and at least 4GB of RAM – Tip: make sure your motherboard, CPU and RAM are compatible (i.e. LGA 1151 motherboards need an 1151 socket CPU, and DDR4 RAM / LGA 1150 motherboards need an 1150 CPU and DDR3 RAM)
Cryptocurrency mining is a big buzz topic in technology these days. And why not? Utilizing your computer to digitally mine what seems like free money only begs the question, “where do I sign up?” Your machine will actually be “mining” or processing transactions for a decentralized currency, the hottest variant of which is called Ethereum.  Poised to overtake the industry bellwether Bitcoin, Ethereum has experienced explosive growth with roughly a $35 billion dollar market cap currently.
This mining calculator will display your expected earnings in both Ether and Dollars. The calculations are based on the assumption that all conditions (difficulty and prices) remain as they are below.
On January 1st 2017, $1,000 would have gotten you 1.041 BTC (1 BTC was worth $960 on January 1st), 122.39 ETH (1 ETH was worth $8.17 on January 1st) and 20.622 ZEC (1 ZEC was worth $48.49 on January 1st).
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.
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.
Ethpool is a predictive solitary mining group ( predictable only mining pool ) where 100% of the income is paid to the miner who contributed most of the work. By using Ethpool you get the advantages of mining combined with a solitary mining payment scheme.
EthPool is a predictable solo mining pool. This means if you would mine solo with a defined hashrate, you would find a block every x days, in theory. EthPool sums up your credits and pays out a full block to you, predictably, every x days.
To effectively mine Ethereum, a specialized hardware known as Graphics Processing Unit {GPU} will be required.  The intention of the developers of this cryptocurrency was to have it mined on the CPU of a computer but, miners came to discover that GPU presented more hashing powers as compared to computer CPUs. In a more simplified term, a GPU can be best described as a specialized computer for mining Ethereum.
Another benefit is that in case the currency you are mining drops in value, you can easily swap to another coin and regain your profits that way. Take Ethereum for example. One year ago and with a small mining operation, it was very easy to mine 1 or 2 Ethers a day, while at the time it was only worth a couple of dollars. If you kept it today, you could sell each Ether for $330 USD, making your investment very worthwhile.
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