“ethereum mining rig rx 580 best”

“ethereum mining rig rx 580 best”

Now that you have all the information you need to start mining Ethereum, the sky is the limit on what type and how many rigs you have.  Do you want to stick being a beginner or do you want to become a farmer? ?  Building mining rigs are computer nerd’s version of building a car.  It is extremely satisfying and as we know rewarding. Make sure wherever you plan on running the mining rig to have enough air flow.  GPUs running at 100% 24/7 generate a ton of heat!
Nvidia’s latest flagship card, the Titan V, is a real beast. It uses a new type of graphics processor named Volta, which is also found in Tesla accelerators. The card is intended for serious number- crunching (such as machine learning, AI, and high-performance computing (HPC) applications).
Update, 9/15/2017: We’ve updated our Ethereum mining benchmark numbers in this article to include AMD’s recently released Radeon RX Vega graphics cards. Head here for that updated data or journey on for the full guide. 
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 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.
Third, select the Graphics card you intend to use for mining. The calculator automatically enters the correct hashrate and power consumption. If your card isn’t listed or you’ve modified its performance, select the Custom option and enter the relevant figures manually. Note that GPU hashrates are entered in (Megahash per second aka MH/s; denoting millions of calculations per second).
So let’s get down to the real question – why should you care about cryptocurrencies and mining? The best way to answer this is through actual numbers, so let’s consider that you invested $1,000 on January 1st in each of the three most popular cryptocurrencies out there: Bitcoin (BTC), Ether (ETH) and ZCash (ZEC):
Steven is a managing editor at Coin Central and a blockchain investor. He’s also the co-founder of Coin Clear, a mobile app that automatically turns your daily spending habits into cryptocurrency investments.
If a card you own or plan on buying did not make this list, that does not mean that’s it’s a bad card by any means. This list is purely based on my opinions, as well as the price of the cards and the raw performance numbers. Though there are other cards which are great for mining, such as GTX 1080 Ti or RX Vega 64 (which I did not include due to their high cost), these cards on the list are just my recommendations. Another option for mining is ASICs. ASICs are devices made specifically for mining, and when compared to graphics cards, ASICs perform much better and have a much lower performance to the power draw ratio. The problem with ASICs are that they can only mine on one algorithm, so when the difficulty goes up, or the price of the coin you are mining goes down, you simply can’t swap to another algorithm, you will have to stay with that algorithm. ASICs are primarily used for SHA-256 (Bitcoin) or SCRYPT (Litecoin) algorithms.
To minimize the disruptions to your mining and settings you may want to also disable Windows Updates.  If you feel more secure leaving them on, you can do so and just understand there are very frequent updates that sometimes reboot your system without you’re involvement and therefore stop your mining.   
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.
If it’s not included in your driver software, you’ll need a utility that monitors overclocking and temperatures. (While overclocking is not intended for more advanced users, it may reduce the lifetime of your GPU, and certain minor alterations may yield significant hash-rate improvements.)
Ethereum Mining Difficulty Adjustment –  Most mining pools use VARDIFF on their mining pool connections. What does VARDIFF mean? VARDIFF means ‘variable difficulty’. When you connect to a mining pool using variable difficulty, the difficulty of your mining shares will rise and fall based on your hash rate. Your share difficulty will fluctuate such that your mining rig will vary share submission between 4-10 shares per minute. This reduces the load on the mining pool’s server backend while making your miner shares more efficient in terms of helping the mining pool find blocks. Since most pools use this feature, it really doesn’t have much bearing on your choice of which Ethereum mining pool is the best to use.
Sounds simple, right? You can make things a little simpler on yourself by directing your GPU toward a ethereum mining pool because you have better chances of earning Ether in a regular, more predictable way.
One other oft-mentioned number statistic for an ASIC chip is the number of cores or hashing engines that are on the chip. While this number is directly related to performance, it is not necessarily a comparitive relation.
Now you are connected and mining you should start receiving ethereum to your address. However this depends on what you are mining with – if its your CPU it will be tiny, and if its your graphics card it will be a lot more as Ethash was designed to be mined on GPU’s. You can check out graphics cards here and see how much they mine, their efficiency and profit ratios! 
C:\Users\Aniket\Desktop\ethminer-0.9.41-genoil-1.1.7\ethminer-0.9.41-genoil-1.1.7>ethminer.exe –opencl-platform 1 –farm-recheck 200 -G -S asia1.ethermine.org:4444 -FS us1.ethermine.org:4444 -O 0x24E2b85Ab3d992D18A44a65A404f2F95b621CF38.BiggerDell –cl-local-work 256 –cl-global-work 8192
Ethereum’s Ethash algorithm is just one of several algorithms intended for optimal mining on GPUs and is used to secure the network and empowers end users to have full control of their money. This algorithm was designed to prevent the development of dedicated ASICs to mine it. SHA-256 and Scrypt are extremely compute-hungry, consequently rendering ASICs more efficient than our graphics cards (even more so than CPUs). On the other hand, Ethash is rather dependent on memory performance (timing, frequency, and bandwidth). Generally speaking, a GPU is good for mining all GPU-mineable cryptocurrency (including Ethereum Classic (ETC), Zcash (ZEC), Monero (XMR), and Vertcoin (VTC)), which gives GPU miners enviable flexibility, in order to be able to switch between over 40 coins that are based on their current profitability.

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