“ethereum mining claymore guide”

“ethereum mining claymore guide”

In choosing the most efficient GPU the most important thing is striking a balance between how powerful you want your rig to be and how much you are willing to spend on the GPU itself and the electricity.
Will a MSI P45T – C51 Motherboard with a IntelE7500 Core 2Duo processor get me up and running atleast until i can afford something a little better. Im based in South Africa and electricity is cheap but our exchange rate to the dollar is insane 15-1……….
1x Custom Mining Case –  I’d recommend an Open Air 6 GPU Mining Case. I’ve built several of these 6 GPU rigs for family and friends using this particular mining case works quite well for airflow and ease of building.
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.
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.
Nvidia GPU’s:  To get the latest Nvidia GeForce drivers go to https://www.geforce.com/drivers and then enter in your card info and click “Start Search” and then download the current version from the results.  
As the price of Ethereum is around $1000 you may be wondering to yourself whether it’s worthwhile to mine ETH. Like Bitcoin, Ethereum is a proof-of-work coin that uses miners to confirm network transactions. The profitability of mining varies from person to person and changes over time – usually becoming less profitable as the coin matures.
Enter screen -ls and verify that you have two detached screens running in the background. You can enter back into that screen and check the output by entering screen -x ID_OF_SCREEN. You can exit out re-detach from the screen by entering control-A, then control-D
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?
However, that’s nothing compared to the amount of work that has been done by the team of electricians today. I’ve shared a bunch of photos so you can appreciate how cool and organized the main panel looks now.
There are several providers who offer cloud-based mining. Hashgains offer you a one year contract and from then there is no maintenance fee for you to bother about. In the cloud, you have guaranteed uptime of nearly 100 percent. Even if one miner goes offline for some reason, your provider will automate them on the other active machines.
Ethereum Mining purchase plans are the best and affordable plans through which one can easily mine various cryptocurrencies in fair ways along with the use of open ended 24 Months contract duration and additional free plan.
i bought one and it came as promised, in a reasonable time frame and in perfect working order. I ended up tweaking the overclocking settings to get 168 mh/s and had it as high as 171! Overall, I am very satisfied.
It is often hard to select required PSU. Some of you might select a PSU that is way less than the required power supply. When you select the Power Supply Unit for the mining rig you will only use 80% of the total that can be supplied by the PSU.
That being said, the more powerful your mining hardware is the more likely you are to successfully mine Ether, and in turn generate a profit. If you use one of the three GPUs mentioned above, you’re off to a good start.
BIOS: Launch your rig, go to BIOS and update it to the latest version, which is 0812 at the moment. You can download it on Asus website. To install BIOS, put the file with the newest version to a USB flash drive, press F7 to see BIOS advanced settings, then search for ASUS EZ Flash Utility, choose ‘by USB’ and click on the USB flash drive file.
Well right now its still profitable but if the price drops below 0.02ETH and difficulty will keep going up like 40-50% everymonth then most likely in 2 months it won’t be worth the hassle…. its a gamble.
CoinWarz credits Genesis Mining for making their new calculator possible. In a partnership with the company, Genesis Mining “helped and sponsored development” of the Ether mining profitability calculator. Genesis was one of the first companies to offer Ether cloud mining projects, and CoinWarz says the firm has “worked to publicize Ethereum to the mainstream public and offer services that are invaluable to its users.”
We’ve also called for a specialist who has helped us to apply the cement layer around the door and on some parts of the office walls. In the meanwhile, some of the guys started to work on smaller details and cleaning.
Alternatively you can source some of you components from gpuShack, on our second mining rig we are using the MOBO/CPU/RAM/SSD Bundle for 5 GPUs. Remember to use the promo code CRYPTOCOMPARE gets 5% discount off your purchase.
It’s comments like this that have me scratching my head. I assume you’re solely talking about ETH mining drying up, considering this is /r/EtherMining, but why make it seem like the end of days is coming? If ETH dries up, yes it would suck, but it would take maybe an hour to download, reconfigure and re-aim your processing power at a different coin.
The testing phase also allows me to get the best of the rig hashrate-wise. As you probably know, the silicon lottery is a thing, which means that every GPU unit has its own unique overclocking and hashing potential. That being said, I’ve build more than a dozen of rigs and all of them end up having roughly the same specifications. The expected fluctuation in power consumption and hashrate is between 3% and 10%, depending on the coin.
So what’s the latest answer to this constantly-repeated question in the mining community? Ethereum is becoming even more profitable now after its first huge jump in price over the summer, which has meant even more to become suddenly interested. Especially since Ethereum is currently one of the most profitable coins to mine, it’s worth considering how the landscape has changed lately.
I don’t disagree with the premise of the difficultly increasing, but these calculators also have to assume a fixed price to arrive at any sort of calculated profit number. If the market price of ETH increases significantly (I’m not here to make the point that it will or won’t), then the profitability looks better. Granted, that would have to keep pace with difficultly increases.

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