“ethereum mining gtx 1070 hashrate best”

“ethereum mining gtx 1070 hashrate best”

Or in simple words, you can say a mining pool is a platform where different miners join and help each other to mine Ethereum using their cryptocurrency mining device or CPU power. Also once the mining pool generates a good amount of Ethereum, it gets divided into every miner equally.
Ether is an absolute essential, as it serves as fuel for the smooth running of the Ethereum platform. An interesting way to look at Ether is an incentive used to motivate developers to create top notch applications.
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.
Do understand the hardware and electricity costs, time and effort involved in this process. It is an investment that might not be worth once is implemented in Ethereum that does not require mining.
Currently, only the Star Wars Collector’s Edition model appears to be available from Nvidia. While these Jedi Order cards certainly look great, cosmetic features add nothing to the mining performance.
When decided the best GPU for profitability, things take another turn and get interesting in a different way. As mentioned earlier we’re looking for the lowest wattage (lowest power consumption) card that is affordable to purchase and has a decently high hashrate. My current pick for this is the NVIDIA GTX 1060.  Many people will disagree and say the AMD RX 580.  However, of this writing I can purchase the GTX 1060 for exactly half the price of the RX 580.  This is of course due to demand. The best GPU for mining is sometimes the one you can actually acquire at any given time. Demand for the RX 580 has raised the price, making its ROI much worse.
Now you have enough idea about the Ethereum mining pool. So it is advisable to create an Ethereum wallet before joining any of the Ethereum mining pools. If you already have an Ethereum wallet address, then you are good to go.
Many people have started mining cryptocurrencies so more and more graphic cards are going out of stock. GPU manufacturers have struggled to meet demands from miners and this has driven up the prices of particularly efficient cards.
Ethereum uses a different hashing algorithm to Bitcoin, which makes it incompatible with the special hashing hardware (ASICs) developed for Bitcoin mining. Ethereum’s algorithm is known as Ethash. It’s a memory-hard algorithm; meaning it’s designed to resist the development of Ethereum-mining ASICs. Instead, Ethash is deliberately best-suited to GPU-mining.
DwarfPool is the third largest Ethereum mining pool. It has about thirteen percent hash rate, and it charges a two percent pool fee. It releases payouts up to five times a day. DwarfPool supports other cryptocurrencies such as Monero, Zcash, Expanse, and Groestlcoin. It has the following features;
For Windows, the Genoil miner has proven to be the most effective, and I’ll show you how to set this up. However, if you’re interested in other alt-coins, then you should also consider looking at Claymore miner.
Ethereum also features decentralized apps (Dapps), which are one of key components of Ethereum’s fast growth in the past few months. Ethereum blockchain is the base on blockchain on which you build smart contract apps and programmes. Also, there are real figure heads that run Ethereum (it is owned by Vitalik Buterin) unlike Bitcoin, which is owned by no one and can’t be controlled by anybody apart from those who use it.
Asus, and its ROG (Republic of Gamers) brand is well known for making excellent gaming components and peripherals, and a number of its products, such as the Asus ROG Strix Z270E, are also great for mining Bitcoin and other currencies. This motherboard, like the MSI Z170A Gaming Pro Carbon, supports seven GPUs, which is a decent number for a mining PC. It also has plenty of additional features, though many of those a gaming-centric. That’s great if you want this motherboard to also power a gaming PC, but if you’re not interested in gaming, you will find the additional features pointless at best, and distracting at worst.
First Choice Nvidia GTX 1070 –   The very efficient Nvidia GTX 1070  can produce a hash rate of 30Mh/s using only 100 watts of electricity and is the best GPU for mining in 2018. It is much more power efficient than most of the AMD cards available on the market. My favorite model of this GPU is the Gigabyte GeForce GTX 1070 Windforce OC (model # GV-N1070WF2OC-8GD). It has a twin fan design and seems to run cooler than some of the other 1070 models I’ve tested, so I put this card in all the rigs I build currently. If that specific model is unavailable, any of the twin fan overclocked Gigabyte or EVGA cards work great out of the box.  You can also check eBay or find other recommended mining GPU’s in my mining GPU comparison guide.
Started a few days ago with ethermine, it’s pretty good. I do get the correct hash rate and you can monitor it while away from the computer. In terms of mining app, I use claymore since it’s the only one that worked with my R9 390
Heelo Peter, kerdezni szertnem ha a pc hez amit fel epitek es el inditom a soft-ot, kell meg hoza egy tuning soft ami szabajoza a dolgokat? ugy olvastam azt is kell csinalni hogy be legyen alitva egy optimalis run-ra es utana mindig valamit alitani benne? Koszonom
Hi dear mike. my motherboard is asus h87-pro and i install 16g of DDR3 ram and i decided to buy two graphic cards for my system to start mining ETH or XMR. the electricity is free and if u suggest any gpu please tell me about what power i should buy too. thank u so much dude .
An Ethereum mining rig is a configuration of two or more Ethereum mining GPUs. In most cases a rig consists of four or more GPUs. Obviously they’re more expensive than one GPU, but they also have far superior hashing power.
The next risk, while not severe, is power. Mining computers draw a lot of power, and depending on the size of the rig, they can easily draw upwards of 1,000 watts. Depending on where you live this could mean that you are mining at a loss everyday.
The Radeon R9 295X2 has by far the highest hash rate (46.0 MH/s) of the Ethereum GPUs on the market and will cost you $600. It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04. This gives a return per year of $586.43.
IMPORTANT: The following info is taken from the manufacturers and does not take into account and custom configuration such as overclocking, undervolting and BIOS modifications. Actual results vary depending on your customization. AMD cards allow for greater customization while Nvidia cards are locked to certain configurations.
Also talking about the servers, well the mining pool has their servers located in the US, Europe, and Asia. Also, the mining pool has a unique payout scheme. So I would like to suggest you to read the payout scheme at first and then join the mining pool. Apart from these things the mining pool supports different miners type, such as qtMiner, cudaminer, eth-proxy, and ethminer.
With Ethereum you can execute code on the blockchain in a distributed way. These are called Smart Contracts. These allow you to set up a system, whereby a person will only receive payment under certain conditions. As Ethereum grows, the scale and complexities of these contracts are expected to increase. Smart Contracts is what has given Ethereum such a solid footing, as like with http://www.gridcoin.us/GridCoin, the blockchain has a functional use.
I have a 1080ti and would like to pick up some extra cash by mining, but I don’t want to degrade it’s life. I just got it a month ago and it is supposed to last me several years. How can I pick up some extra cash without it costing me another gpu?
Although the merit of these approaches can be debated, ultimately these figures are not as important as the ones that detail what is required to make an ASIC work. If an ASIC requires highly stable power supply, then the power supply circuitry on a board may be more expensive than for another ASIC. If the ASIC has a complex communications protocol, additional relatively expensive components may be required. If an ASIC’s die is large, fewer (rectangular slices) can be obtained from a (circular) wafer, defects affect its design dispropotionately, and cooling solutions are generally more complex compared to smaller die chips which in turn have other overhead. Chips with a BGA design are less simple to integrate than a QFN, requiring more expensive (inspection and testing) equipment.
But let’s keep it simple. Comparing the MSRP (manufacturer’s suggested retail price) of the Founders Edition versions of these cards (yea, right ☹), the 1080ti costs ~2.33 times what a 1060 6GB costs and it consumes ~2.08 times the electricity. Assuming that the higher the hash rate, the more money you get. Then in theory, for currencies where the 1080ti consistently yields over ~2.5 to 3+ times the hash rate of the 1060, you may be better off with the ti. Again, this is making some wild assumptions.
There are many Ethereum mining pools today. But not all ensure security and are easy to use, which is important for beginners. Professional miners advise newcomers to pay attention to the following pools:
We are going to be using the very popular Claymore Miner.  Get the current version here from Claymore’s original Bitcointalk thread and download the current version from the Google or Mega download links he provides (don’t use other people’s links).  The current version as of the time of this writing is 9.6 and you’ll want to get the Catalyst and Cuda version (not the Linux version).  
The mining pool has powerful servers located at different places around the globe. So you better choose the nearest located server from your location. The others servers will work as a backup, or you can use them at times.
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.
Do you have some system for price drop alerts on newegg? The GTX 1060 is back above $400 currently, making it much less attractive than the $229 you snatched. (None of 1070, Rx 480, Rx 580 appear interestingly priced at the moment).
Once you start mining, you will also need to keep your Ethereum in a safe location. This is possible in two ways, a local wallet or an online wallet. A local wallet, has better safety as it always remains in your control. However, if you do use a local wallet, then either install it on a computer that’s not your miner or regularly transfer funds elsewhere. The reason for this is that should your computer crash; it could be hard to recover any Ether that is kept on there.

Leave a Reply

Your email address will not be published. Required fields are marked *