“ethereum mining rig january 2018 best”

“ethereum mining rig january 2018 best”

Let me know in the comments below if you like this article, I will be updating the ETH mining pools in the future if I find better one. If the fees of pool change or other spec do comment below. Happy mining Ethereum coin, the next Bitcoin.
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. 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.
Great guide, I wish I had this a few months ago before I started mknkn. I’ve gone through all this the hard way which is good but this guide is very clear and straightforward. Having said that I wonder if you would have any idea how to fix the issue I have come across. After mining for two weeks on windows 10 with claymore on nanopool @ 6 x 1070 GeForce. My miner went offline. It says “ cannot write a buffer for DAG” CUDA error 77. It also says “an illegal instruction was encountered” and “calc DAG failed” I have increased the virtual memory but that did not work. My hard drive says it has not 15gb of 110.
A: You can use any ETH wallet address for mining, but some exchanges do not allow mining or do not allow very small deposits so double check with the site if mining directly to a web-deposit address.  A good alternative to downloading the full Mist wallet and Ethereum blockchain is MyEtherWallet.com, which still allows you to manage your Ether wallet address and maintain control of your private keys (which is important for security and/or wallet backup and restoration if needed).  
This list is now outdated since AMD released their new RX Vega line. They dominate the competition especially after tweaking. Check out newest review of the best GPUs for mining: https://cryptosrus.com/best-gpu-for-mining/
Because ether is only rewarded based on ascertaining the correct nonce, the lower the chances of this happening, the more hashing operation you require to work through every block. Trying this on your own and using your rig could take months to discover a single block. Most miners do not have access to large mining farms such as Genesis.
You can click the Download button for the current driver or choose “Download Previous Drivers & Software” on the right hand side which will allow you to choose older versions that are known as great drivers for mining based on your cards such as:
As my title says, I am a complete newbie to the Ethereum Project, but not to the cryptography in general. Although this will be the first time I will consider investing in the mining process. And I just would like to know, what is the best current hardware is out there for mining, and where best to find available in stock to ship.
Now that 2018 is in full swing, there’s no better time to invest in the best mining motherboard for earning Bitcoin, Ethereum and other cryptocurrencies, so we’ve put together this list of the very best mining motherboards money can buy so you can join in on the cryptocurrency gold rush.
When you have ether you are not yet home and dry. The value of ether is dependent on its current rate against the dollar. Whether you’ll hold the ETH or convert it to bitcoins or dollars will affect the profit or loss margins you make.
This pool is a great optimized stratum pool engine that can be found online. It offers you maximum transparent and detailed statistic related to your mining account. You can also monitor every mining ring via email. As well you do not need to register on the website in order to mine ETH.
For an Ethereum user who wants to mine Ethereum, the first step is to get the required Ethereum mining hardware. After you have gotten your hardware and all other requirements, you are expected to join a mining pool. Your chosen Ethereum mining pool will help you get a regular payout. Apart from joining a mining pool, you will also need an Ethereum mining software just like you need an Ethereum mining hardware. These requirements are important because without them you cannot partake in the regular Ethereum mining. It is important t know that mining Ethereum could be stressful, time-consuming and a bit expensive this is why some people prefer to go for the Cloud Mining option.
Nanopool is the third largest with 13,2% network hash rate and over 38,000 miners.  Their fee is less than competition at 1%. Minimum payment threshold is 0.2 ETH, but there is a setting where you can raise or lower the minimum. The interface is user friendly and easy for beginners to use.
Mining refers to the process and technique of extracting cryptocurrency tokens from a network of blockchain. Ethereum mining is thus the process of setting your computers to continuously run a rather a type of hashing algorithm that consumes a considerably large amount of information, condensing it into a string of numbers and letters of a constant length. Ethereum uses a hashing algorithm known as ethash that hashes metadata from the latest block using a program referred to as a nonce.
This card has a great deal of fast VRAM, so it will ensure that it’ll be able to mine Ethereum for years to come. However, by the time the DAG increases over 10 (or even 5 or 6) GB, it’s very likely that far more efficient miners will be available. The card’s high upfront costs and considerable power draw mean that it will take some time to reach profitability.
The 1080ti is a very solid card, But it only makes sense if you can buy it for around $400 each. Otherwise, the math says you’re better off buying something else. The coin is mostly irrelevant in that equation. ROI is simple business calculation in this regard.
Based in Romania, Costa Nord Mine offers Ethereum cloud mining services, allowing users to purchase hashpower without having to deal with complex hardware and software configuration. Costa Nord Mine offers mining services and a variety of mining-related solutions for small and large investors.
NiceHash – This isn’t exactly an Ethereum mining pool, but I though I’d list it here as another option. Basically, you run the NiceHash miner software and NiceHash mines the current most profitable cryptocurrency on the backend. They payout in Bitcoin.
However, once you have your GPU cards, they will need power. Therefore, the second most important factor is how much your card will consume, and how much you’ll need to pay for this. In order, to calculate this, you’ll need to find out how much power it uses and how much you need to pay per KW/h. These are respectively 150W and $0.10 per KW/h for me. To calculate the per hour cost just convert W to kW (by diving by 1000) and multiply together, so for me the rig would cost 0.15*0.1= $0.015/hour to keep alive. This amounts to $0.36/ day or $10.80/month.
What to Mine is a fantastic, relatively new website that is great for finding out what coins are the best to mine “right now”. The purpose of this step is to see what sort of competition you are up against, and what sort of rewards you can anticipate in the short term.
This video card is the older brother to the RX 580. For some cryptocurrencies, the AMD RX 480 actually outperforms the RX 580, but I put it at number 3 on the list since it is discontinued and somewhat difficult to find other than on the used market. My favorite model, of course, is the AMD Sapphire RX 480 Nitro+ (Model #11260-20-20G). If you can find these at a decent price point (again, always worth checking eBay), they are a great value.
Please note that Ethereum mining pools may change or add nodes without notifying us. Strongly advise you to make a research about admin operator who is behind the pool and visit mining forums to get a reputation of that pool before joining it.
Ethereum is a blockchain-based decentralized computing platform with ether as its currency. The price increment also had another profound influence on shaping the network—the mining of ether became truly profitable. Since then, cryptocurrency mining has been a big buzz concept in technology.
A: This guide covers using Windows 10 (make sure it’s 64 bit).  There are also various distros of Linux that can be used (not covered here).  But Windows is the easiest to configure and get up and running fast.  There is no Mac version at this time.  
Even though Ethpool and Ethermine are two separate sites, they are part of the same Ethereum mining pool. At the moment, Ethpool and Ethermine sites are the largest Ethereum mining pools. Ethpool and Ethermine allow for 25% of the network hash power.
I created a comparison chart based on Hashrate and Cost – and only list cards currently for sale online. Check it out here:https://www.pyramidreviews.com/cryptocorner/mining-gpu-speed-and-price-comparison/
 – 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)
Once you successfully mine a block and it is included in the blockchain, you will earn ether as well as gas set for that block, which is the computational cost of mining that block. As a miner, you’ll always target blocks with more gas allocated because it is more profitable. The amount of ether you get for gas is computed as gas used multiplied by gas price.
Repeat step 4 in a new command terminal (change directory command). To open a new command terminal, right-click on the previously active terminal icon found in the taskbar and then click on the terminal from the menu.
2) After generating the Account, add a wallet and write down or copy to a text file the unique address. This address will start with the characters “0x”. It’s necessary for receiving ETH mining rewards!
Bitcoin cloud mining contracts are usually sold for bitcoins on a per hash basis for a particular period of time and there are several factors that impact Bitcoin cloud mining contract profitability with the primary factor being the Bitcoin price.
Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.
For purposes of this guide, we are going to do a detailed walk-through of setting up and using the very popular Claymore Miner.  Get the current version here from Claymore’s original Bitcointalk thread and then follow along with the steps in this video.  The whole process of getting a wallet setup, downloading your miner, configuring things in Windows and setting up your batch file to run should take less than 10 minutes:

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