“ether mining basics”

“ether mining basics”

Science and Technology Daily News] [Technews encryption because although recent currency Bitcoin price breakouts, become the subject of investor sell-off, but it made money for the encryption of new business opportunities, related investment so far still in the ascendant. A few days ago, foreign media reported that Terry Gou, president of Hon Hai Group, will invest in the world’s first commercial bank of cryptocurrencies. Recently, a new type of cryptocurrency mining machine will be launched soon. This type of mining machine will appear larger memory, lower energy consumption in the market, which will also bring more business opportunities for foundry leading TSMC and related memory manufacturers.
I reed your post from last week and i start to learn mining from your guides.thanx for that . i just want to know best ovreclock setting for 1070 with msi after burner.i test clock 900 and i got 34 MH/s.is it ok or it will damage the card for a period of time ???
Also, results are always different between reboots even if no changes are made. If 4 cards are plugged in… sometimes 4 cards are recognized and sometimes only 3 are. If 3 cards are plugged in, sometimes 3 are recognized and sometimes only 2 are. But what has been consistent is that GPU0 hangs.
GPU CORE OVERCLOCK/UNDERVOLT – we need to do two things to the GPU core. First, we will need to set P7 clock rate and its voltage. You need to remember that the GPU’s core is not used to mine ethereum a lot, it just helps the memory to do the hashrate. The GPU’s core generates the most heat on the GPU and uses the most power, so our intention is to push the GPU’s core down as much as possible to save power and lower the temperature on the GPU without losing ethereum hashrate, or lose some hashrate because we save more on the power cost reduction than the small ethereum hashrate drop. It would be very recommended to have Wattmeter to make your own calculations to see what’s more worth for you. In general most optimal clock rates for ALL GPU’s is around 1150mhz. Some RX 570 can even work at around 1100mhz without losing any, or very low hashrate reduction on ethereum and that will reduce  the power draw drastically. Some RX 580 need 1200mhz to have the optimum hashrate, but most of them work best at 1150mhz. In general never go above 1200mhz because it will start to use much more power,  and you can will that with your Wattmeter. For the Voltage part, it’s best to keep them at 850mV. You can try to reduce the voltage to 825mV or 800mV if you are going to keep the GPU’s at 1100mhz, but it is possible to get a freeze or crash. The best way for you is to test your hashrate with those values described and see what effect it has for your GPU to run it at 1100mhz, 1150mhz, 1200mhz with 850mV voltage in all Then compare the power draw with the hashrate and calculate what’s more profitable for you. In most cases 1150mhz/ 850mV is optimal.
The command prompt will show you your current hashrates and GPU temperatures. You don’t want to run your cards too much above 65C since they can get damaged. Adjusting airflow and cooling can lower the temperature of your cards.
These figures will change based on when you run this analysis, but for purposes of the example here we would net 109 ETH annually. If sold at the current price, $1537 will be earned from which we subtract the electricity cost of $493. This nets a respectable profit of $1045.
The Shares section relates to how the work is divided by different machines in the mining pool to ensure everyone receives a fair reward in line with work done by their machine. See the Bitcoin wiki for more information on this.
At the time of this writing, Ethereum (ETH) ranks second only to Bitcoin (BTC) in terms of market capitalization, with a total cap of almost $83 billion. In comparison, Bitcoin’s market cap exceeds $140 billion (after hitting a peak of more than $325 billion several weeks ago), and Litecoin (LTC), silver to Bitcoin’s gold, crests at only $6.8 billion.
While, on the surface, this is incredibly easy, as I’ll show below, you must be aware that mining is very much like trading. Cryptocurrency prices fluctuate, your equipment might break, and so on. For example, when I started putting this project together, the rough number estimate was that I’d recoup my investment within six months. Now, with the same calculations, it would take eight months. The advantage of mining over trading is that coin prices can be somewhat more stable, and at the end of the day, you’ll still have the equipment. Which, if you’ve chosen wisely, wouldn’t have lost too much of its value.
Note that I’m using nanopool.org as the mining pool here. It’s a fairly typical ETH pool that seems to have good reliability, but feel free to pick your own pool. Most don’t require registration, and simply payout to whatever wallet address you supply whenever a certain threshold is met (usually whenever you accumulate 1+ ETH). Assuming you stick with Nanopool, you’ll be able to check on your miner’s status by going to this URL after you start mining: https://eth.nanopool.org/account/[YOUR WALLET ADDRESS]
We recommend any groups handling large or important transactions to maintain a voluntary 24 hour waiting period on any ether deposited. In case the integrity of the network is at risk due to issues in the clients, we will endeavor to publish patches in a timely fashion to address the issues. We will endeavour to provide solutions within the voluntary 24 hour waiting period.
Keep in mind the context… From Bitcoin has emerged a great community of tech-savvy do-it-yourselfers and a new caste of digital speculators, then ASICS and super mining farms came, endangering the idea of wholly decentralized and reliable network : the Proof-of-Work algorithms had to become “harder” for ASICs to mine, ie ASIC-resistant, and this was one of the numerous reasons why Ethereum had been praised. Now, difficulty is approaching limit for mining rentability, raising concerns for the mining community. As if we needed a new eldorado, easy to mine for, that would be capable of embodying a new crypto-era, with a fairly certain future… mmh, ‘ looks familiar. Yet, be quick… because there are always some ASICs coming (remember Dash), and ZEC’s price has already fallen so that ETH is still worth mining.
If you plan on using more than 3 GPUs you’ll need PCIe Risers. These will allow you to connect the graphics cards to the motherboard without attaching them directly to the motherboard. Think of these as PCI extension cords to the motherboard.
Mining is not easy work for a computer, so the hardware that is required to mine relatively fast can cost thousands of dollars. Most computers which are used soley for mining use multiple graphics cards which cost over $500, and very efficient power supply units. The stress caused by mining on the hardware also makes it much more likely that your units will break or overheat leaving you with useless hardware and lots of potential downtime.

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