“ethereum mining rate”

“ethereum mining rate”

If you are looking for a solid Ethereum mining hardware, then the Titan cards are something you should look into. GeForce Titan Xp impressed many miners. The large amounts of VRAM are supplemented by an excellent hash rate without too much expenditure of power. Same as RX Vega 64, its top-end AMD rival, this card can be overclocked up to 42 Mh/s, but it will consume 300 W when pushed that hard. On the other hand, the RX Vega 64 achieves a very similar performance but for about half the price.
February 16 marks a small 2-month anniversary since I’ve started to mine Ethereum and others altcoins. In today’s article let’s take a quick review and try to understand is GPU mining still profitable in 2018? It all…
Thanx for the update. It’s still accurate right? And what do you suggest, should I wait for bitcoin to come back as a mining option and upgrade what I have or should I buy Ether/Monero from genesis(which is more profitable)?
Though this guide is mainly focused on the Proof of Work (PoW) side of mining, you should be wary of Proof of Stake (PoS), as Ethereum will be swapping over to this method in the near future. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. PoS relies on you “staking” your coins to the network; the more coins you stake, the higher chance you get of receiving the transaction fees of other Ether investors. Another benefit of PoS is that the computers are not very expensive, nor do they draw lots of power, making PoS a far greener alternative to PoW. There are also no block rewards in PoS, thereby making the transaction fees the only reward.
Plugging these numbers into https://etherscan.io/ether-mining-calculator gives me an expected earning of ~ 0.004790 ETH (USD 0.06) per day or 0.033536 ETH (USD 0.39) per week. My cost of electricity @ ~ USD .17 per kWh is USD 0.816 per day which is 13.6x the value of the ETH earned.
I had two previous contracts one for Bitcoin and one for Ether, both had very good returns with regular deposits to my wallet. Just took out a much larger DASH contract for 2 years, deposits of dash started the next day.
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Here’s a little introduction. Part one of the project is already completed – I’ve got a plan, a great team and a place where we can start equipping the workshop. We have two plain rooms of 50 square meters each. One room will be subdivided into an office and the rigs workshop – where rigs will be physically assembled; the other room will be hosting the rigs that are in testing phase.
I do think the newer USB-style risers are the way to go—they’re longer and easier to work with than the old ribbon-style cables. Here is a 6-pack of USB risers with the newest (and safest) PCIe connectors. It’s always smart to buy an extra or two, as defects are relatively common. If you have older ribbon-type risers laying around, or can get them cheaply, they’ll work just fine.
So back to the question: Is it worth it to start mining? If you’re just now hearing about Ethereum and interested in maybe jumping on board, that can be a hard question, and it depends on a lot of different factors.
Very easy to setup. Hash rates and returns are quite decent for the money considering you don’t need to worry about buying the hardware, setting it up, or paying for power. Setting up a mining rig is annoying, loud and hot! This is much nicer =)
Carefully weigh your options, but whichever card you decide on, be prepared to spend a lot of shopping time at the various retailers and resellers. Only if you keep in mind your budget and power costs, you can hope to find that coin at a “fair” price.
Proof of Work is where you have to run powerful computers that have high hash rates. Hash rates are the number of “hashes,” or numbers a computer can come up with every second, needed to solve a block. Both of these types of mining have a difficulty factor to them where the more miners there are on the network, the lower the chance you have of mining a block. In other words, the lower your reward is. Here is a good website which has lots of information on the major cryptocurrencies, including their difficulties, block times, and block reward. If you want to check when the last block was mined, and who mined it, you can use this website for Bitcoin, and this one for Ethereum.
This post is an early bird. While I won’t charge a lot for my work, the price will also be affected by the cost of each of the individual components of the rig. Therefore, my idea is to find the best deals for each of the components. The better the deal the lower is the price of the final product. Every penny I save on the components is a penny you save on the final product. That is my policy.
The current top gaming graphics card, NVIDIA’s GeForce GTX 1080 Ti, delivers the highest Ethereum hash rate but it also consumes drastically more power under load when mining, versus more midrange cards like the GeForce GTX 1070 or AMD Radeon RX 480. Furthermore, with a bit of memory clock and power target tuning, the GTX 1070 can deliver a higher hashrate, while still maintaining a much lower power draw than the 1080.
Product Name: Lifetime Ethereum Cloud Mining Contract Product Brand: Ethereum Product Description: 1-500 Megahash Ethereum Cloud Mining Contract. Purchase Hash Power Once OFF and earn Ethereum coins every day thereafter. www.owlbtc.com Product Image: https://owlbtc.com/wp-content/uploads/2017/06/ethereum-cloud-mining-facebook-image.png Name Of The Seller: www.owlbtc.com
I am very satisfied and have more trust and faith in your mining. I just want to buy more hash, but I am very upset because I have not been able to continue to accept the card. As a result of my study, my card is normal. I’d appreciate it if you could explain why each time you refuse to accept an add-on card.
You will be disappointed with such a pathetic return you will receive. Plus difficulty will most likely double by the time you are up and running. And with new GPU tech months away from release your current purchase will crater in value. It’s a lose-lose situation for new potential miners. There won’t be anything profitable to mine after ETH.
As you can see here, our hypothetical mining rig is more efficient and profitable than some of the best mining equipment on the market right now. We are assuming four GPUs that mine 40 MH/s each. The hardware specs are four GPUs, plus a processor, a motherboard, and a power supply rated at 1,000 Watts of electricity. The cost of this rig would be approximately $3,000.
The GTX 1060 has a hash rate of around 21 Mh/s with a power draw of about 105W, it will make a profit of 47.24 USD per month. With a power cost of 6.43 USD per month. It will take just about 5-6 months to pay off the GPU depending on the price you get it at.
worst article ever, get your fact right, you state different speeds for the same card (RX vega 64) and clearly you dont have a clue, i mine with rx580 and my hashrate its 30 with bios mod and propper patched drivers for mining
although power price is very cheaper in my country but I hope ETH price goes higher , but going to POS in couple of months am I right ? even if eth POS ed we can mine ETC and other profitable currencies so I will not sell my rigs
Founded in 2014, WageCan is a Taiwan-based company that offers cryptocurrency-related services, including cards and wallets. HashCan is a Bitcoin cloud mining service provided by WageCan, allowing users to mine cryptocurrencies without having to set up and host the mining hardware itself.
Transactions Block Size Sent from addresses Difficulty Hashrate Price in USD Mining Profitability Sent in USD Avg. Transaction Fee Median Transaction Fee Block Time Market Capitalization Avg. Transaction Value Median Transaction Value Tweets Active Addresses Top100ToTotal
You cannot and should not bank on ETH > USD increases in your profit calculations. If you’re banking on ETH going up to save you, your operation is not profitable, and you’d have been much better off just buying ATH outright and holding.
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!
You can determine the rating for efficiency by dividing the hashrate by the power consumption. Newer cards are usually more efficient. This rating is of prime importance—given that electricity is a fixed, ongoing cost. In other words, the more efficient your card, the more profitable it will be once you’ve received the ROI.
The popularity of GPU-based cryptocurrency mining has driven up the prices of particularly efficient cards. GPU manufacturers have struggled to meet demands from miners. This struggle has resulted in a noticeable shortage of certain cards, as well as inflated prices from suppliers on the “secondary market” (in other words, resellers on sites such as eBay).
Hello, first, thank you for the tutorial, miner appears to be functioning. Hoever, it’s not working properly on my machine. I keep getting a Watchdog Error: must restart GPU. Please help me sort this error out. Thanks.
Recently I ma waiting for this contract , b;cos mining difficulty for the Dash is low comparing the others. SO i want to grab the opportunity as quick as possible. luckily genesis offers it to me. thanks and best wishes,
We recommended for two months straight over the summer that people that want to minimize the risks involved with investing in the cryptocurrency space should consider getting into Ethereum mining, but that it might be a bit late in the game to set up a rig considering the many unknowns in the industry. Those that got in early and have remained steadfast in keeping their rigs online since then have made really decent gains, especially if they had many rigs or GPUs to maximize their profits.
Next select a motherboard for your mining rig. Boards support a variable number of graphics cards, and may only accept specific types of processors and memory. See the Details of each board to quickly identify proper pairings.

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