“ethereum mining pool minimum payout”

“ethereum mining pool minimum payout”

It depends on the difficulty level. I’m not sure where Ethereum is right now, but a megahash rate of around 25 is what most people were getting IIRC an RX 470 and they were profitably mining a few months ago. A hash rate of 11 MH/s isn’t amazing, but it’s almost half of an RX 470 (which sells for a ridiculous amount of money). You won’t make any money unless Ethereum goes up in value vs your power costs. But using a build like this helps you keep the power cost and build costs lower than had you decided to get a 470 or 480.
Therefore, you must succeed in finding a GPU miner that satisfies both objectives. GPUs offer different rates of power consumption that range between 150 W to a whopping 500 W. It is easy to buy majority of GPUs that are listed below, on leading online shopping portals such as eBay or Amazon.
Building your own is much cheaper, and (arguably) more fun! If you’re handy, you can put together a simple aluminium frame yourself for a fraction of the cost of buying one. If you don’t have the necessary skills or tools for that, I popularized building mining rigs inside plastic crates back in 2013, and that still works fine today (for up to 4 GPUs or so, anyway). At the bottom of this post, you’ll find instructions on how to build a plastic crate “case”.
The initial price you pay will determine how long it takes for your card to pay for itself, based on your mining profits. This formula will pinpoint your Return on Investment (ROI): Coins earned minus electrical costs and other costs. The ROI is usually expressed in months. Prices should be considered rough indications, since they’re based on the current Amazon prices at the time of writing.
Cryptocurrencies are digital assets that are sent and stored on the internet. It’s a trustless system that allows anyone to send another person money with no middle man required! Cryptocurrencies are set to be the future of money around the world, and they have many benefits over traditional money. Check out our informational videos and articles to learn more about Cryptocurrencies and how you can get started mining today!
Solo mining might have the best payout of the three methods if you have the financial power to invest in several GPUs and pay mammoth electricity bills. To carry out solo mining successfully, you need to hit at least 100 mega hashes per second and this hash rate will increase as difficulty rises. However, you get all the rewards; they include payment for uncles on top of your earnings.
The goal is to make GPU mining more accessible to the common folks by keeping low and transparent prices. Since I do not do this for a living, it will be easier for me to keep the prices more than competitive.
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I think a lot of people are confused over what profitability really means. Sure everyone knows profit = revenue – cost. However, profitability of mining ETH is not simply “do I mine more ETH than cost of electricity?” This neglects the GPU/HW where it’s instrumentally important in both the revenue and the cost. If you’re doing it right, the price of the GPU/HW will be at least 2x the cost of the electricity for the whole mining lifespan of the card. Additionally, we’d hope that the final value of the HW is > $0.
There are a number of reasons that Genesis Mining is ranked as the #1 cloud mining company. They are a company you can trust, they offer lifetime contracts, and their maintenance fees are very reasonable. This has also given them a good reputation of being transparent and legitimate, keeping off any fears of it being a scam among users.
As I mentioned above, you can choose to build your mining rig with a nice custom built case or you can save money and use a plastic storage crate or milk crate.  Both work equally as well except one won’t look nearly as good.
Each time I add some new graphics card to my existing gpu mining rig or some other major happenings happens I make a quick update into the blog.  There are two major updates since my latest post from…
If you set your clocks in Afterburner for example, you should check GPU-Z to see if those clocks have really applied. Because if you say your hashrate is not being affected by you adjusting core, that means your core hasn’t been adjusted.
this is my 2nd opportunity to set mining at genesis mining. it is very easy to start mining with them, compared with do that by myself. just hope i will have a chance to buy the contract for BTC mining.
miss information. rx 570 – 580 get 22.5 mh/s with stock settings, if you put the correct drivers. correct drivers for the windows are the last one, but you need to change gaming -> compute to go mining. this will increase from 17 to 22.5. then after bios u can get 29-30
Does this miner also work for Litecoin purposes, or do you need different hardware for litecoin? Also, can this be set up to mine both/either litecoin/ethereum, at the same time or alternating? I really don’t want to be restricted to only one coin. Excellent guides, BTW
I’m only looking to buy RX Vega with my earnings. No delusions of becoming rich. I already owned my to Furys, so I’m not out any investment. My rent is all inclusive, and hydro is pretty cheap here regardless. I do wish I’d started sooner though.
To connect all of the GPUs to your rig you’ll need a motherboard with at least 6 PCIe slots. You’ll see most motherboard offer PCI x16 and PCIe x1 slots but the risers will connect into a PCIe x16 or x1 slot (this doesn’t affect the mining hashrates).

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