“Ether Mining Rentabilität 2018”

“Ether Mining Rentabilität 2018”

Blockchain-based currencies trade network security for personal security. From a network perspective, a blockchain is significantly more secure then a bank; but, from a user perspective, it is the opposite. Comparison bitcoin to classic fintech, risk moves from the network to the user, and security moves from the user to the network.
Ethereum Mining can be done in the comfort of your home. It requires script writing and some knowledge of the command prompt. It is quite easy and exciting once the process is broken down into manageable steps.
I’m not rich by any means. I don’t have thousands of dollars to spend on rigs or thousands of dollars to horde as much ether as I can. But what I do have is faith. Lots of it in Ethereum. I’m willing to take a huge risk to wait and sit on this ether.
Now all of your GPU settings are displayed. We will need to change each GPU to be in MINING (Compute) mode. By default each GPU is in graphics mode, and to enable proper mining (high hashrate due to DAG fix) we will need to change each GPU’s “Global Graphics” “GPU Workload” to COMPUTE from Graphics. Each time you change one of the GPU’s to COMPUTE, it will ask you to restart the AMD Settings, which will take some time,  but it’s also possible that even if you’ve changed it to Compute,  that the GPU will still display “Graphics” instead of it. To fix this, try to restart your PC and see if the value was stored properly after that.
As there are no ASICs available for Ethereum, using a GPU is the next best thing. There are several reasons why there’re no ASICs for Ethereum. All Ethereum based coins use the Ethash algorithm for mining, an algorithm “designed to be ASIC-resistant via memory-hardness.”
Another option is to join a pool. These are groups of Ethereum miners who share their computing resources and share their money. However, a word of warning, some of these pools are a little shady. Be very careful about joining a pool, especially if you have to pay any money to join. Some of them are basically just scams. The world of cryptocurrency mining is a little bit like the Wild West during the days of the Gold Rush, and you really need to be cautious.
Indeed, while SHA-256 and Scrypt are extremely compute-hungry, consequently rendering ASICs more efficient than our graphics cards (even more so than CPUs), Ethash is rather dependent on memory performance (frequency, timing, and bandwidth). With their fast GDDR5, GDDR5X, and HBM, graphics cards are perfectly suited to mine Ethereum.
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I can understand you not wanting a ton of scrypt coin mining rigs turned to Ethereum right away, but also consider that a big Scrypt took off was it gave former Bitcoin miners a new platform for their hardware after ASIC made GPU mining basically impossible. The same thing could be happening to scrypt soon, with a number of ASIC miners having been announced now.
so this “long lasting ecosystem through the development of a inclusive community of entrepreneurs, developers and investors” … excludes me because I’m not an “investor” with cash upfront? or because the time I spend developing goes to… I don’t know, paying my rent?
Sicherlich nicht der kleine Bitcoiner, sondern letztendlich auch wieder zur die großen Bitcoiner die entsprechend großes Gewicht im Pool ausmachen und ebenfalls den großen Teil des Rewards abkassieren. Dies meinte ich u.a. damit, dass jeder Algorithmus, der auf Vermehrung ausgelegt ist, keine umfassende Dezentralität bieten kann und sich IMMER Kapital anhäufen wird.

One Reply to ““Ether Mining Rentabilität 2018””

  1. But no matter what the algorithm, the mining profitability will even out to about (even below) the price of electricity eventually, and mining will be done where heat can be made use of, mostly in cold places. So, for profitability, never mind, it won’t be. For decentralisation, GPU is better. What do you think?
    Zum Thema 20 PCs, das Kernproblem ist, dass je höher der zu minende Gegenwert ist, desto größer der Aufwand der betrieben wird. Bei Bitcoin bedeutet dies, dass das Mining im Schnitt tägliche Kosten von annähernd 4mio.$ verursacht.
    Some mining enthusiast swear that Linux is the best operating system for mining. While this did use to be the case, there are stronger disagreements on the topic then previously. While I do prefer Windows, Linux does have it’s advantages and being a slimmer system it can have its upsides. Furthermore, Windows usually comes with a price tag, so if you’re looking for a free option, then Linux is the one for you.

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