“ethereum mining vs zcash mining”

“ethereum mining vs zcash mining”

Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! Hashrate is the speed which you are mining, and is normally clearly displayed by your mining software or in the specifications for mining hardware. Make sure that you have the correct hashrate suffix selected. For example, if your miner reports 600 GH/s, ensure that GH/s is selected and not TH/s.
To start mining with your GPU, key in ‘ethminer –G’ followed by the enter key. This will initiate the mining process after building the DAG ((Directed Acyclic Graph), which is a large file stored in the RAM of your GPU for the purpose of making it ASIC (Application Specific Integrated Circuits) resistant. Ensure that there is sufficient on your hard drive before getting to this point.
Disclosure: Mining contract metrics are calculated based on a network hash rate of 231,841 GH/s and using a ETH – USD exchange rate of 1 ETH = $ 685.09. These figures vary based on the total network hash rate and on the ETH to USD conversion rate. Block reward is fixed at 3 ETH and future block reward reductions are not taken into account. Network hash rate varies over time, this is just an estimation based on current values.
As I explained in the post – it is only “set to break even” at current difficulty. Unfortunately, difficulty keeps increasing and whatever deal or hardware you buy you usually have a pretty short window of time to get your money back. With the “pay to mine deals” they know that already – if the hardware was guaranteed to make a proift they would just operate it themselves.
Ethereum plans to switch to Proof of Stake in 2018 which will eliminate mining slowly over time. But even if Ethereum is no longer mined you can find a new coin to mine, we recommend checking out whattomine which will keep you in the know for highest ROI coins to mine.
Solo Mining – Solo mining means its you against the rest. If your hash is correct you win the block reward. But with a rig of 60 MH/s and a network hashing power of 1.2 GH you aren’t going to get ether very often. The other issue is you have to download the blockchain for yourself. See our guide here on how to solo mine ethereum.
Get our exclusive guide which covers everything you need to know about the cryptocurrency mining basics. We cover the basics of cryptocurrency and dive deeper on mining to help you calculate a return on your investment!
AMD cards are likely the best choice for the budget-conscious. However, the top-end Nvidia cards outperform them in terms of power efficiency. Carefully weigh your options, and keep in mind your budget and power costs.
Mining Ether takes up a lot of electricity, and you are right in being concerned about this. On the plus side, though, if mining practices are carried out efficiently more income is generated through the sale of Ether. You will need your Ethereum Mining calculators for the process.
The Ethereum Daily Rewards Chart is misleading. The new supply of eth (block reward) is only one piece of the mining reward. Transaction fees are another important piece that has increased quite a bit recently. Not always a big factor, these fees have contributed between 1k to 3k to the daily total mining reward and are worth noting if future usage of the network skyrockets with various scaling implementations.
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If you mean the release of the Casper Ethereum protocol, then yes, this is the start of a new phase of the development of the Ethereum ecosystem, which potentially can lead to fundamental changes in the network infrastructure. I hope this will seriously increase the value of this coin.
SharkMining is one of a kind company developing operating system designed for mining rigs only. SharkOS – served-grade Linux based operating systems with smart control and protection features. Most of mining rigs on the market are based on Windows operating system. Desktop operating system like Windows is not designed for use cases like mining. You will get frequent freezes, unstable mining experience and lower mining speed.
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. In 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.
Well, there is no direct relation to how much you can mine using PC in particular amount of time as it depends on a lot of factors. If you are interested in mining using your standard PC, then the amount of ether mined will not be profitable enough as it takes up a lot of electricity.
The short answer is quality. Thanks to my expertise in the fields of IT and crypto mining I know which hardware components fit the best, as well as which brands/models are trustworthy a cryptocurrency mining rig. For more information you can check my articles and reviews on this website. My crypto mining rigs will have excellent build and component quality for a reasonable and competitive price. Last but not least, I also build the cases – I am using my own designs that are optimized for mining.
I think you read this wrong. I didn’t write this saying “These are the exact steps and parts list you need.” It’s simply saying, “Here’s a basic idea you can possibly adapt to your own circumstances.” No, not everyone has a 290X in storage. But a lot of people do. My current “leftover” GPU is an R9 280. That’s plenty strong for some hobbyist mining.
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.
13 GPU Nvidia Rig running under Ubuntu 16 (eth hash rate: 300+Mh/s @ 1000W for whole rig): 3x EVGA GTX 1060 3Gb (24MH/s @ 65W) + 6x MSI Armor GTX 1060 3Gb (24MH/s @ 70W) + 1x MSI GTX 1060 (24Mh/s @ 65W) + 3x Zotac GTX 1060 (24MH/s @ 65 W). PSU 2400W, Asrock ASRock H110 Pro BTC+, cheap Chinese risers, Kingston SSD 120Gb, 8Gb memory.
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.
Motherboards with on-board graphics (also referred to as integrated graphics) often are either problematic or unusable when more than one GPU card is installed. Choose a motherboard with no on-board graphics.
Why do you need yo use the powered risers with the B250 MB? If I need to use powered risers do I need to make sure each bank A/B/C GPU and riser is from same PS? Or all powered risers need to be on PS as MB?
GPU stands for Graphic Processing Unit. Most high end machines come with high-end GPUs these days. Basically this is a dedicated processor in your computer which handles graphics processing, thereby taking the load off your CPU which will perform actual computational tasks while the GPU takes care of the graphics.

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