“ethereum mining nvidia reddit”

“ethereum mining nvidia reddit”

The PandaMiner B5 Plus is a brilliantly put together miner that’s compact and attractive, while also being excellent at making profits when mining for cryptocurrencies. However, it is very expensive, and due to its popularity it can often be sold out. Luckily Pandaminer has a number of different models to choose from.
Hi Steemians, a few days ago I had a talk with a friend about Ethereum mining. Last year I invested 50 € in Ethereum Cloud Mining for him for example and now he has 2.3 Ether worth over 550 $. If I had bought Ether directly for 50€ last year, it would be more than 5 ETH worth over 1000 € today. So the question is: What is more profitable in 2017? Buying Ether, or Ethereum Cloud Mining?
Ever since I’m building new cryptocurrency mining rigs I’m including SSD rather than HDD. The reason is SSD is fast and by using SSD I would increase the transfer speed and decrease the time. Also, other things that I think about SSD are – They use less power consuming and also if you are starting up your mining rig the boot time is reduced and soon you will be mining.
The same money I’ve put into GPU mining rig, if invested in Hasfhlare, would make a profit of $8.98 daily, $62.83 weekly, $269.29 monthly and $3,276.29 yearly.  Also, I would mine about 2.51 ETH after one year or operations.
Genesis mining has had many problems since I got my contract at the end of last June. There are many missing mining days in my history. Many missing payout days. I have a balance that needs to be paid out well above the minimum threshold for payout. Their customer service rarely responds. They had some security issues that threw a wrench in the works that they still haven’t fully accounted for. Fortunately with the crazy run up in price in Dec I have made my investment back. But don’t believe the calculators. They do not account for the rise in difficulty levels. When I started I was getting .1 to .09/day now its down to .01/day.
Keeps sinking to what? It hasn’t gone below 200 yet. You keep mentioning the $400 and it makes it clear to me you really wish that were the price without realizing how ridiculously overbought and overvalued that price point is. You would do well to learn about the market more before assuming so much.
The reason Ethereum Cloud miners can get better deals is two fold. Firstly they buy in bulk, so they get a discount on all their graphics cards. Secondly they can put their mining machines in low cost locations such as Iceland. This severely reduces the operating costs of running an ethereum mining contract which means they can pass on these savings to you. In fact Genesis mining run their contracts off green energy – so you can say your being green whilst being in the avant-garde of a financial and technological revolution. 
In the Host Name box, enter “[email protected]_dns_name” . Replace public_dns_name with the public DNS for your instance, which you can view by using the EC2 console (check the Public DNS column; if this column is hidden, click the Show/Hide icon and select Public DNS).
2. What PSU valtage do you recoment since both the logic that you used with the 20% rule and this calculator by OuterVision (https://outervision.com/power-supply-calculator) (the same as the CoolerMaster one) is suggesting that you buy “bigger” PSU? (GPUs use a variable of 150, meaning around 1000 and then adding the processor and the 20% rule getting us at 1600W PSU or 2x650W PSUs) And since we are the the PSU topic – what brands do you recommend and do you recommend getting 2 PSU in the first place?
 – 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)
With AMD GPUs there may be a more complicated issue: cards were installed correctly, but each of them has an exclamation point next to it. AMD atikmdag Patcher can help. Click on ‘Yes,’ and after reboot, the problem is solved!
When Ethereum started off, the original vision was to have it mined via the CPU itself. The primary reason behind this (and making mining Ethereum ASIC-resistant) is that this will help provide fair competition. (While this is debatable it is still fairer than ASIC-led mining). However, while the original intention was to have Ether mined on CPU, miners soon discovered that the GPU led mining is faster because it provides a greater hashing power.
Motherboard: ASUS PRIME Z270P — starting from $130. Go to your nearest computer store or order one at Amazon/eBay. Caution, we don’t recommend buying a used one. Z270P has slots for up to six GPUs and two M2 slots, which can be used to add two more GPUs through M2 to PCI-e adapter — a total of 8 GPUs.
My single most important piece of advice to miners is to make sure you have a near 100% uptime, because if your miner shuts down while you at school, work, overnight, or while you’re on holiday you will lose out on gaining a large portion of your profits. One of the easiest ways to secure your stability is to have safe overclocks, and by testing your rigs. Instability can often be caused by too high of an overclock, or by faulty risers. I also highly recommend the EthOS Linux Distro. EthOS is an operating system specifically made for mining Ethereum and other cryptos alike, such as ZCash, Monero, and many more. The OS is extremely stable and if your rig crashes, the OS will boot up and start mining straight away. The OS also supports up to 16 AMD or NVidia graphics card, which is a huge step up from Windows, which supports a maximum of 8.
After you calculate the amount of kWh you will be using every month, multiply the kWh per month by the amount you pay for electricity in your country, and then you will find out the cost. Take your monthly power cost away from the value of the amount of the currency you mine to find your monthly profits. Though most mining calculators include this calculation for you, it can be very useful to find the exact amount you will be spending on power.
As mentioned make sure your power supply unit can handle the Graphics cards and that you have risers capable of placing extra GPU’s in a safe location. Make sure all the connections are in nicely and everything is held together firmly.
The mining process for Ethereum is the same as that of Bitcoin. For every transaction block, the miners make use of computers to quickly and repeatedly solve computational equations till any one of them makes it through. To be more precise, the miners ought to run the exclusive header metadata of the block (which include the timestamp as well as the software version) via a hash function that returns a jumbled, fixed-length string of letters and numbers which looks haphazard, and simply alters the ‘nonce value’, that controls the resultant hashing value. In case the miner comes across a hash that equals the existing target, then the miner will be granted with Ether cash and will get a chance to authenticate as well as add a new block on the Ethereum platform. There’s no way the miners can revise the mining process as it is fixed. Since the miners leave an extensive proof of their puzzle-solving process on the network, the Ethereum mining process is also known as ‘proof-of-work’. A miner locates a block every 12–15 seconds. If a miner starts solving the equations faster or slower than the set time, the Ethereum algorithm by default readjusts the difficulty level of the equations so that the miners roughly go back to the 12-second timeline for each solution.
FinCEN   The Financial Crimes & Enforcement Network functions under the authority of The United States Department of the Treasury. FinCEN is the portion of the agency charged with combatting money laundering and other illicit financial practices. They are currently one of the lead agencies trying to figure out how to regulate and monitor the flow of Bitcoin.
We’re specifically mining on an MSI Z270 XPOWER Gaming Titanium motherboard powered by an Intel Core i5-7600K quad-core processor and 16GB of Corsair Vengeance 2666MHz RAM. It’s more muscle than any miner needs and will surely gobble up a bit more power while mining than is desired. But it’s the simplest of systems we have on hand that’s ready to mine 24/7. CPU horsepower is much less important in a mining rig, so low-power CPUs are preferable at this time.
Once full payment is received I will start building the rig and configure everything as mentioned above. You can also request some tweaks to the rig – we can talk about it during our call or text chat.
Each mining rig works at a different level of efficiency and uses a variable amount of electricity. On the low end, miners typically draw ~100 W at their maximum load, but this can increase up to over 1000 W with more powerful and less efficient miners.
But, here is a good trick that keeps me going – When I mine Ethereum I do not sell it immediately I wait till the prices of Ethereum has gone up. By this way, my return of investment is met very early.
To forecast costs for pool mining, sum the projected pool fees, electricity bills as well as installation and hardware costs. For solo mining, you incur electricity costs plus hardware and installation costs. With cloud mining, your costs are condensed into the contract charges. You can predict to a reasonable certainty how much you will mine based on your firepower, but there’s less certainty on the possible rewards.
Question mine under linux ubuntu debian arch centos or windows or ethos and why, thank’s for the réponse, thx 🙂 with 7970 R9 280 thx.For the best rentability and the best hashrate and pool nanopool ou suprnova or fly or other, thx i’m noob thx
Let us begin with the most important component: the Graphics Processing Unit What Is the Difference Between An APU, A CPU And A GPU? What Is the Difference Between An APU, A CPU And A GPU? Over the last five or more years, there have been a number of different terms swirling around to describe computer hardware. Some of those terms include but aren’t limited to APU, CPU, and GPU. But… Read More (GPU).
I really like Genesis Mining, they have excellent customer service and they are always thinking of new innovative things for their customers. I recently signed up for the new x11 mining and so far it seems really good. Thank you!
 – For Power Supplies, you want to double check that your PSU has enough connections to support the number of GPU’s you are running and enough overall wattage to support your total system power draw (and to give yourself some buffer of at least 10-15%). A helpful site for identifying how many 6 or 8 pin PCI-E power connections your GPU will require is here (Realhardtechx.com) and to get a sense of your overall system power draw, this is a good power consumption calculator (outervision).  Pro Tip: if building multiple rigs stick with the same brand PSU as you can use extra cables on your other systems if needed (e.g. I use only EVGA G2 PSU’s so if I have extra VGA, sata or molex cables from one build I can use them on another build).
If your break-even time is 0 you have likely forgotten to input your hardware cost below. If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. You could try lowering the diff change for a less agressive prediction or disable it altogether.
Now that you know how to use the profit calculators, you now need to know how to find the hash rates of your system. If your graphics card is not listed on the What To Mine website, this can be a tricky process. Luckily I have compiled a list of sites which have this information.
A couple of days ago I shared a quick tutorial on how to mine ETC (Ethereum Classic) with SMOS (Simple Mining OS), as there is an upcoming ETC Callisto airdrop happening, the idea to pre-mine couple of ETC’s sounded…

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