“ethereum mining windows”

“ethereum mining windows”

Eobot supports mining for Ethereum! Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
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 with 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.
Good article but only half written. It does a great job explaining the key inputs into the analysis of profitability but it did not actually follow through with any such analysis! It just says at the end “yes it’s profitable but switch to monero after PoS” with no basis to justify the claims of profitability.
The Ethereum platform is a distributed network. On Ethereum, participants write and enforce their own smart contracts. It is sometimes also referred to as Bitcoin v 2.0. Vitalik Buterin developed the cryptocurrency protocol in 2013. Community and professionals supported the protocol immediately. The first sale of Ether coins raised over $15 million. Ether is the currency of Ethereum. The market cap was about $1.000.000.000, February 2016.
Building a 6 GPU Ethereum mining rig is a fun project and a great source of passive income. This guide will help you find and assemble the best Ethereum mining hardware currently available to build your very own DIY Ethereum mining rig. Assembly time is about 3 hours and this mining rig is currently generating between $300-500/mo of digital currency depending on the current market price of the coin you are mining (Ethereum, Monero, Zcash, etc).
So you just found out about Ethereum mining and looking to build your first Ethereum mining rig. This guide will walk you through choosing GPUs, hardware, and what software to run for mining Ethereum.
This article didn’t address the mining difficulty of Ethereum. At this point, is not a good idea to mine ethereum unless people have hash rates in the GH/s or at least MH/s. It’s better to mine other alt coins such as: XMR, LTC, and many others. Overstock.com will now accept 40+ different Altcoins as form of payment. Won’t be long before other companies do as well.
The ASRock H110 Pro BTC+ is another excellent choice for mining, with support for up to 13 GPUs. However, it currently costs about the same as Asus’s mining board, and for the money I’d rather stick with Asus. If you know that you’ll definitely stick to a single PSU and a small handful of GPUs (e.g.: the majority of us), this is a fine choice, especially if you find a deal on it.
i’m in europe and i don’t have to pay VAT on business expenses. i also can say that I invested 1000€ and so if I earn (from mining or any other business operation) 1000€ i made a net income of 0 – so my income tax is also 0 on that part.
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.
For the past couple of weeks I’ve been experimenting with crypto mining and started with Claymore’s dual miner to learn that I can dual mine both Ethereum and Siacoin out of the box, I put my mining rig as it is and let…
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?
Ether supply is not infinite. The overall amount of ether and the network operations was decided at the 2014 presale. No more than 18 million Ether gets issued every year, which is about 25 percent of the first issue. It serves as a system to reduce inflation.
So if you’re looking for a way to pay off some new gaming GPUs, you could technically mine them for a few months to pay them off, but if you’re expecting to become an Ether millionaire, and you don’t have a massive operation already–it’s probably a pipe dream.
Do you mine Ethereum for fun? Then the numbers might not mean a lot to you. Though chances are you want to rake in some money from your venture, so the numbers matter to you. There are many ETH mining calculators you can use online and they give valid results.
For those unfamiliar with how mining works, this is basically the rate at which you will see rewards for the amount of energy your GPU puts into mining the coin. The same amount of energy (or time the GPU is running, in this case) put in a couple months ago would have given the miner far more return in terms of sheer ETH reward than today. But with a price hike, it’s possible that earnings are still high.
All of this made me consider the idea of building my own GPU mining rigs for sale. Hopefully, this could help more people to get involved in cryptocurrency mining. Also, it is way easier for me to work on the rigs on my own and then deliver you a fully-functional product rather than doing the magic remotely.
You’re done! Simply connect everything to your power supply and you should be ready to power your rig on for the first time. If you have a second crate, you can put your power supply in there (along with your harddrive if you’re using Windows), and stack it under your main crate to save some space.
Disclosure: Mining metrics are calculated based on a network hash rate of 109,271 GH/s and using an ETH – USD exchange rate of 1 ETH =306.01. Block reward is fixed at 3  ETH and future block reward reductions are not taken into account. The average block time used in the calculation is 15 seconds. The electricity used in generating these metrics is $ 0.074 per kWh.
LIMTED MINING OPPORTUNITY: We – CoinStaker – have partnered with a private large-scale Ethereum Mining Operator. If you are interested into joining, please contact us for more details. This offer is only valid for investors with least 1 BTC.
The What To Mine Calculator is hands down, the most useful mining calculator. The reason being that you simply fill in your graphics cards models and the site will calculate the power draw, hash rate, and the most profitable coin for your set up. The site will even show you the best exchange to sell your coins on. Additionally, the site will also apply a reasonable overclock to the cards making your results even more accurate. When mining, overclocking is extremely useful so think of this as “free performance.” The only downside to this site is that it only has information on 11 different GPUs and no CPUs. You also can’t fill in your pools fee. This site is still extremely useful for finding the most profitable coin to mine, making it my preferred calculator.
First of all I would like to thank you all for your support. I really appreciate your interest in the project and the final products. To make things more simple and transparent, I’ve decided to keep this journal for those of you who are waiting to order the rigs. I know you want them ASAP ? and I thought time will go faster if you see how is everything going and how long will take until orders are available. Do let me know if you have any kind of recommendations or positive criticism!
Currently you’ll need at least 3GB of dedicated video memory (VRAM) to mine Ethereum, and this VRAM requirement is expected to grow to 4GB in 2018. It’s important to note that if you are planning to mine with a GPU that doesn’t have at least 3GB of VRAM, you won’t be able to!
We will note that your rig won’t have a power button so you’ll need to jump the power switch pins on the motherboard. We used a screw driver to tap the pins to start the rig, but you could also buy a power button.
Genesis Mining is one of our biggest clients and proven to be a reliable and trustworthy business partner. Their transparent mining sites and high quality software infrastructure together with our high end mining hardware result in a great and unique product and experience for everybody interested in mining!
Got my first payout of ~$70CAD(in BTC). I had a bunch of downtime this first week due to tweaking my clocks, drivers, algorithms, etc, so I’m hoping to keep in the $70-80CAD/week range with mining ETH and ZEC for ~2 months. I’ve decided to put invest my weekly payout(+cash to equal $100 total) into whichever currency has hit a low for the day, unless of course BTC is low at the time, in which case I’ll ride it out for a bit. I started with a $70 payout and $30 of my own money, and I’m currently at $120. I know that’s no guarantee of how things will go, but I think playing the currency market is a much better option than dumping more money into cards.
Total network hashrate has been climbing rapidly since Q2 2016. A dip occurred on news of the DAO crisis but hashrate has since recovered. Things were relatively quiet until around Q2 2017 where everything Crypto related absolutely boomed, especially Ethereum as it facilitated a wave of new projects and ICO activity.   This chart from Etherscan tells the story:
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!
Slush approach, or Bitcoin Pooled Mining (BPM), is score-based. Older shares, receive lower weight than most recent shares. This has the advantage of reducing the chances of cheating in a round of mining.
Place your brace (1″ PVC pipe is really ideal and won’t flex over time) so that it is sitting above the motherboard, high enough for your GPUs to rest on. Cut the brace so that an inch or two sticks out on either end of the crate.
First, head over to Etherscan’s Mining Calculator, which provides up-to-date figures for the current price, block time and network hashrate (as measured in Gigahash per second aka GH/s; denoting billions of calculations per second):
The RX 480 and 580s are extremely popular mining cards due to the fact that their price is very low, especially when compared to the similarly performing GTX 1070. Another benefit of this card is that AMD allows users to flash their card’s BIOS, which can make the card run at at higher hash rates with lower power draws. However, due to the popularity of this card, it can be very hard to find at reasonable prices, but if you can find this card at a good price it’s an excellent performer for mining. This card is an excellent choice to use on the CryptoNight, and ETHash algorithms. When compared to NVidias offerings however, it’s a very poor performer on EquiHash.
Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month. For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) – (total expenses + hardware costs)
The Ethereum network does not assign a value to gas because the market value of ether fluctuates while the difficulty to mine may not. As such, gas is focused on the mining costs. The price or value of ether is tied to external forces on the other hand.
This is great info. I’ve just built a mining rig, and I’ve written up a post on how I did it. The post focuses on building the case, not software or which components to buy. http://blog.timwheeler.io/building-an-ethereum-mining-rig/.

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