“ethereum mining calculator gtx 1070 best”

“ethereum mining calculator gtx 1070 best”

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.  
For beginners, a rig is going to require some significant processing power. This power is best achieved with Graphics Processing Units (GPUs) that are typically applied for 3D graphics in video games. Though it is possible to mining with Central Processing Units (CPUs), which link all the right software and hardware in a computer system, GPUs are optimized and specialized in running recurrent operations over and again.
The Radeon RX 480 is most arguably the most economical in terms of cost and saving electricity. Its power cost per day is significantly lower than the two that I have mentioned at $0.4320. Its hash rate is 25.0 MH/s, meaning its cost per MH/s is $7.96. This gives a return per day of $1.21 and therefore a return per year of $440.91. Radeon RX 480 will cost you $199.
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.
Well lot of information in this article. I also want to start ethereum mining can any one suggest me good graphics card and also I google it and found this site http://www.thecryptomining.info/2017/03/best-hardware-for-ethereum-mining.html can i use these graphics card at that moment.
While the GTX 1070 sits atop our list of the best mining GPUs, its follow up, the GTX 1070 Ti, is another fantastic mining graphics card, and with a number of power upgrades, such as a higher base clock, the 1070 Ti does a very good job. However, there are a few reasons why it’s listed lower than its older sibling. For a start, as it’s newer it costs more than the 1070, which will dent your profits from mining. It also has a higher power consumption, which makes it more costly to run. Finally, there have been incidents of a bug in the driver software which makes this GPU hash lower than expected, but an upcoming fix should sort that. If you’re prepared to tweak a few settings, however, this is an excellent mining GPU.
Hard Drive – You’re going to need a hard drive to put the operating system and mining software on. Your standard SSD drive can work. The size of the SSD will depend on what you want to do while you’re mining. If you intend on downloading the entire blockchain, then you need to take into consideration how long that chain will get and shell out a bit more money. If you’re just interested in mining as part of a pool then you can manage just fine with a smaller SSD drive.
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.
The system is powered with dual massive yet quiet fans and features a top-notch design. It also comprises of a new form of blades that are 95 mm in thickness, providing you superior heat sink and greater airflow at lower noise than the standard cooling designs. The dual ball fan blades have an 85% longer lifespan than their sleeve counterparts, guaranteeing up to 10% of quiet performance than their previous generation.
A: 99.9% of Cloud Mining sites are Ponzi schemes or fractional reserve Ponzi’s.  Even though there are a few that have been around a long time, there have been no 3rd party audits of the hashing power sold and profits are usually very low unless you are promoting heavily and getting others to join in (another red flag of ponzi related activity).  Short Answer – Our advice is DO NOT buy into Ethereum Cloud Mining sites or related Deposit Investment/HYIP programs.  
Do understand the hardware and electricity costs, time and effort involved in this process. It is an investment that might not be worth once Proof-of-Stake is implemented in Ethereum that does not require mining.
Because of the 25mh hash rate that it has, this GPU is one of the most affordable choices for those who want to mine Ethereum. The power of the Radeon RX 400 series can never be underestimated and the Radeon RX 480 is not an exception.
Miners expend electricity hashing that block with the processing power of their GPU(s). A successful hash result produces produce a unique Proof of Work (PoW) proving that the miner worked on that block.
If you’re reading a newbie’s guide to Ethereum mining and have a GPU powerful enough to make it worthwhile, we’re going to assume you’re running Windows so we’ll focus on mining Ethereum on that platform.
If you’re used to Windows and haven’t ever gone near Linux, then stay with Windows. If you’re planning on using 6 GPUs, then Windows 10 is recommended as it has support built in naturally. Windows 7 & 8 will require some playing around with. If you are used to command line style systems, and mining will be the only aim of the rig, then I’d highly recommend looking at ethOS.
Step 1: The first thing you need to do is go to this link download Geth. Geth is the program that communicates with the Ethereum Network and acts as the a relay between your computer, its hardware and the rest of the ethereum network computers so if a block is mined by another computer your Geth program will pick it up and then pass on the new information onto your GPU or CPU for mining.
Another reason why people continue mining even when it’s unprofitable to mine Ethereum is because of their belief that Ethereum will be worth much more in the future.   Even though Ethers are worth around $300-$350 now, in 5 years they might be worth $3000-$3500.  So even if mining now is unprofitable, the coins will rise in value as time goes on.
When it comes to choosing your Ethereum mining operating software, there are three main contenders: Windows, Linux, and ethOS. If you’re a Mac fanboy, it is possible, but it’s advised for numerous reasons.
It is the biggest Ethereum mining pool. It operates at a speed of 41.9 Ghash/s. More than 103.000 miners currently use Ethermine. Service fee is 1%. The minimum payout threshold is 0.05 ETH. The remuneration distribution system is PPLNS.
Before you buy the Ethereum mining GPU, there are other equally important aspects that you might need. These would be an effective Ether mining pool, as well as an Ethereum hardware wallet that you can use to store your Ether in a secure manner.
However, not all boards are created equal. Certain GPU architectures are quicker and more effective than others, and not all cards are loaded with the same type of graphics memory. Naturally, then, we set out to determine for ourselves which models are the most profitable to use for mining, narrowing our focus to some of the most in-demand mainstream solutions from AMD and Nvidia.
You can still reinvest all of that money on hashflare. That will make you more money and extend the mining contract for another year for the specific invesment. If you invest for example $15,000 for 100TH/s (100,000 GH/s) then you could earn more then $4241,72 per week after the Week 10 and the initial investment according to the currect bitcoin price that got calculated by preev.
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:  
Before you can calculate you will be making, you need to calculate your hashrate and payout. To do that, you need to figure out the hashrate of your GPUs, which you can do with Google. You can also use a site like CryptoCompare to determine what the best GPU is for the money.
A Compatible Hardware: It is important to remember that to turn your computer into an ETH miner means that you will put more stress on it than a normal user, for this you need your system to run smoothly so at least 3GB RAM is required for a proper mining experience. As for the CPU, you don’t need the best out there (a simple CPU will do), but don’t be cheap.
Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.
Electricity costs vary from country to country. Mining consumes a lot of electricity. Apart from the power consumed by your mining hardware you might need to cool the room, this adds to your potential electricity costs.If you can keep your electricity costs minimal, you are bound to enjoy healthy returns on your investment. An efficient PSU is a shrewd investment if you look at the long run. Plus if you choose the most energy-efficient GPU that can offer a respectable hash rate, you’ll cut your power bills.
6x USB Riser Cables –  USB Riser Cables – These are to connect the 6 graphics cards to the motherboard and allow spacing between cards for heat dissipation. These are necessary when building a rig with this many GPU’s.
However, once you have your GPU cards, they will need power. Therefore, the second most important factor is how much your card will consume, and how much you’ll need to pay for this. In order, to calculate this, you’ll need to find out how much power it uses and how much you need to pay per KW/h. These are respectively 150W and $0.10 per KW/h for me. To calculate the per hour cost just convert W to kW (by diving by 1000) and multiply together, so for me the rig would cost 0.15*0.1= $0.015/hour to keep alive. This amounts to $0.36/ day or $10.80/month.
Pro-tips: check out the following GPU’s: AMD Rx 470/480 Rx 570/580, AMD R9 range, HD 7990 / 7950 (if used cards are available, try to get them from a gamer instead of a miner, with a warranty if possible).  For Nvidia, look at the 1060 / 1070 / 1080 series cards.  As with everything, do your own due diligence to evaluate GPU’s based on their hashrate, power requirements, availability and price. 

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