“ethereum mining with asic best”

“ethereum mining with asic best”

Your hashrate may increase from 10% to over 31 MH/s by boosting the stock speed via an overclocking utility, such as Afterburner, which is the world’s most recognized and widely used graphics card overclocking utility which gives you full control of your graphics cards.
The mining process requires energy consumption and human resources for the maintenance. In order to cover these fees all users are issued with maintenance and electricity fees (MEF) accordingly to their contract type and hashrate.
Experimentation with various GPU selections in the calculator will reveal a card with the best price to performance to power consumption combination (expressed as MH/s per Currency Unit). Keep in mind that AMD cards outperform NVidia for cryptocurrency mining purposes.
F2pool is also among the major ethereum mining pool which also offers the mining of Bitcoin. However, the main shortcoming of this miner is that their ether mining site is limited to a few countries only. The pool charges a fee of 3% per share.
The motherboard is the most important aspect to any mining rig. The reason for this is that it needs to be able to support all of your GPUs. If you only plan on having one or two, then it’s not so important. However, most people will aim to maximize and have 6 GPUs in a single rig. There are very few motherboards that will support the running of 6 GPUs. The big advantage with mining is that you can run the GPUs from x1 PCIe slots, so you don’t need to find a motherboard with 6 x16 PCIe slots.
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.
With this setup, you’d find on average around 0.5Eth per month. This will change depending on the Ethereum Mining Difficulty, you can use the website WhatToMine to make calculations of your earnings or find other profitable coins to mine.
When decided the best GPU for profitability, things take another turn and get interesting in a different way. As mentioned earlier we’re looking for the lowest wattage (lowest power consumption) card that is affordable to purchase and has a decently high hashrate. My current pick for this is the NVIDIA GTX 1060.  Many people will disagree and say the AMD RX 580.  However, of this writing I can purchase the GTX 1060 for exactly half the price of the RX 580.  This is of course due to demand. The best GPU for mining is sometimes the one you can actually acquire at any given time. Demand for the RX 580 has raised the price, making its ROI much worse.
The last of our best Ethereum groups is Dwarfpool (https://dwarfpool.com). Dwarfpool uses a RBPPS payment method ( round based pay per share ), which is based on the PPS method. Automatic payments are made every hour and guarantee a 100% uptime due to its distributed infrastructure. Dwarfpool constitutes approximately 13% of the hashrate of the network.
You can not deny the fact that without a mining pool you will not be able to mine Ethereum or any Cryptocurrency. But as you already know that there are a couple of mining pools that’s are already online. So it gets quite tough for us to choose the best mining tool.
We are going to be using the very popular Claymore Miner.  Get the current version here from Claymore’s original Bitcointalk thread and download the current version from the Google or Mega download links he provides (don’t use other people’s links).  The current version as of the time of this writing is 9.6 and you’ll to get the Catalyst and Cuda version (not the Linux version).  
The great part about these is that they are quite power efficient, and with a bit of tinkering, you can go below their 150W TDP without losing in the performance chapter. The not-so-great part is that, due to their excellent price/performance ratio, the RX480 and RX580 have sold out in a blink of an eye, so finding a store that has these in stock (without artificially inflated prices) is anything but easy nowadays. Of course, there is Amazon, eBay and other similar sites, but the people selling them know exactly what they are giving away, so it’s not uncommon to find one of these cards (which used to retail around the $200 mark when they first came out) selling for double or even triple their original price.
We recommend checking out an Ethereum mining calculator before starting with mining process. An Ethereum mining calculator is an essential tool that will help you work this out, and by entering the above details into the calculator, you’ll be presented with a rough guide of your expected profits. The calculator will automatically enter the current figure for difficulty. However, Ethereum’s high price lures in more miners so that difficulty is very likely to rise in the future.
If you want to improve your rig specifically for ethereum mining, you can do it fairly inexpensively. The Radeon RX460 graphics card is an excellent choice, and it is less than $120. It can give you a smooth gaming experience without breaking the bank. Be mindful that because it only has 2GB of DDR5 memory, you may have to upgrade your card later down the line.
– Oliver is an IT certified Support manager filled with years of experience and a package of passion for teamwork, writing and Blockchain technologies as he believes that they will give a new shape to the future. In his spare time he is an artist and musician.
Hi Bhavesh, OK, this seems to be a fairly common error but it’s beyond my capabilities to diagnose precisely from that log. I’ve seen a variety of solutions to this issue proposed on various forums: https://ethereum.stackexchange.com/questions/18806/couldnt-connect-to-node/23153#23153 https://github.com/ethereum/mist/issues/2426 https://github.com/ethereum/mist/wiki#unable-to-find-peers I suggest starting with the simple solutions first before trying the more advanced stuff. So if using Windows, start things up in Administrator mode. Then try starting Geth manually with the –nat=none flag. Then try starting from the command line as someone suggested. You can also backup your data directory, rename / move it, and let the wallet resync itself… From there,… Read more »
Hashflare: Is one of the best and popular cloud mining services that are on the internet in 2017. Their prices for GH/s are just insane and they should be sold out very soon. I personally purchased about 33,500 GH/s ala 33,5 Th/s and it earns me roughly about 80–120 each day.
Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.
AMD and Nvidia are the two biggest manufacturers of graphics card unit (GPU). In the early days of GPU mining, AMD cards were much more efficient for cryptocurrency mining than Nvidia cards and they were the go-to option for dedicated miners. More recent Nvidia cards are designed to work in optimized fashion and they match or even exceed the performance of AMD cards.
1x RAM (System Memory) –  4 GB RAM – You don’t need a lot of system memory to mine ethereum effectively. 4GB is about as small as a stick of RAM comes these days, so I recommend just picking up a cheap one as long as it is DDR 4 desktop memory.
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.
Very good guide and an interesting read. I was wondering, lets say you can only lay hands on 3 gpu’s initially. Is it worth bringing up the rig with half gpu’s and then adding the rest as you can find them?
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.
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.
An application-specific integrated circuit (abbreviated as ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware, ASICs were the next step of development after CPUs, GPUs and FPGAs. Capable of easily outperforming the aforementioned platforms for Bitcoin mining in both speed and efficiency, all Bitcoin mining hardware that is practical in use will make use of one or more Bitcoin (SHA256d) ASICs.
The processing power of the cards is added from the spreadsheet shared in the thread mentioned above. The consumption is taken from the same place or from and the price is manually taken from amazon and neweggs(depending where is cheaper, the links contains affiliate code).
At the opposite pole, Ether was designed to take advantage of GPU processing power rather than CPU power, and was also designed in a way that would prevent ASICs and FPGAs from taking over, thus ensuring that “the power” remains in the hand of the people. The best way to increase Ether mining performance is to simply get as many suitable video cards as you possibly can, and put them all to work. It’s not all about quantity, but also about quality, so choosing the right cards for the job is crucial.
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Once you join ethereum, the minimum threshold that you can request for payment is 0.2 ether. However, they allow you to either raise or lower your minimum threshold in your settings. The good thing about Nanopool is that their interface is user-friendly and hence even if you are a newbie, you can be able to use.
Complicating the matter further is that Bitcoin ASICs can often be made to cater to both ends of the spectrum by varying the clock frequency and/or the power provided to the chip (often via a regulated voltage supply). As such, chips can not be directly compared.
Consider the mining pool fees. Some mining pools have high fees while some have low fees. When deciding on the right mining pool, try to pick the mining pool with a reasonable and affordable mining pool fee.

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