“Ethereum Mining Ethos”

“Ethereum Mining Ethos”

Ethereum uses a different hashing algorithm to Bitcoin, which makes it incompatible with the special hashing hardware (ASICs) developed for Bitcoin mining. Ethereum’s algorithm is known as Ethash. It’s a memory-hard algorithm; meaning it’s designed to resist the development of Ethereum-mining ASICs. Instead, Ethash is deliberately best-suited to GPU-mining.
ZCash is an anonymous cryptocurrency that uses zk-snarks to ensure that all the information regarding user transactions is safely encrypted, while still verifiable by miners that can ensure no double-spending has taken place using zero knowledge proofs.
No problem! Hope it helped somebody out, at least. Hard to compete with all the top sponsored posts. If anyone has any questions, let me know! Part 2 is also coming very soon! Just syncing blockchain for ETH now.
Cryptography is an art, not a science. And the state of the art can advance over time. Advances in code cracking, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies and the Ethereum Platform, which could result in the theft or loss of ETH. To the extent possible, Stiftung Ethereum intends to update the protocol underlying the Ethereum Platform to account for any advances in cryptography and to incorporate additional security measures, but it cannot predict the future of cryptography or guarantee that any security updates will be made in a timely or successful manner.
Hey guys, thanks for the fantastic guide. I have a windows 10 system with two nvidia GPUs. One is gtx 960 and the other is gt 710. I am using escavator for mining zcash. I m getting 127 H/s if i use only my gtx 960 GPU. When i added the second GPU, escavator does not read it, ( windows does), still getting 127H/s. How do i increase this? Any ideas pls.
The card should have at least 3 gigs of RAM or it won’t be able to properly mine Ethereum. This is due to the growing DAG file (directed acyclic graph) used in the Ethereum Proof of Work hashing process.  
Mining ist ein Trend, dem man sich nicht entziehen kann, ist es doch aus der Nische einer obskuren Verwendung von Hardware längst herausgekommen. Das Kryptomining ist keine Vorliebe von Nerds – nein, es ist ein Hype und schon seit einiger Zeit im Mainstream angekommen.
Mining ist ein Prozess, durch den ihr, ohne das direkte kaufen der Kryptowährung, Ethereum erhalten könnt. Im Prinzip unterstützt ihr das Ethereum Netzwerk mit eurer Rechenleistung, bei der Berechnung von Transaktionen, und erhaltet im Austausch Ether als Vergütung. Technisch betrachtet, besteht Ethereum Mining aus dem lösen komplexer mathematischer Probleme, die für die Funktionen der Kryptowährung essentiell sind. Hierfür benötigt ihr, wie ihr später sehen werdet, die richtige Hardware und Software. Das System ist so ausgelegt, dass mit einer steigenden Anzahl an Minern, die mathematischen Berechnungen immer komplexer werden und somit auch das Minen schwieriger wird. Es ist deshalb wichtig schnell in den Markt einzusteigen. Grundsätzlich ist Mining also ein Kernprozess des Ethereum-Systems, den die Miner ausnutzen können um Anteile an der virtuellen Währung zu erhalten. Ohne Mining könnten keine Transaktionen mit Ethereum durchgeführt werden.
ASICs are custom built for a single hash algorithm. Therefore, you would need to buy different ASICs for each coin that you wanted to mine. Currently, there are several companies, such as Bitmain and Canaan, that design ASICs. Due to their custom nature and niche application, a powerful ASIC isn’t cheap. For high-end hash power, a single ASIC could run you $3000.
Press enter, and the screen should start downloading the blockchain for Ethereum. At this point, you are synchronising with the rest of the Ethereum network. Sometimes your fire wall can block this process. If so, just click “Allow access.”
HASH RATE – as described before, Linux is not EFFICIENT and you will not get the same hash rate as on Windows, for example the exact same settings on a GPU on Linux would give you 28.8 MH/s and on Windows you will get 29.3 MH/s.
Riser Cards: Most go with USB powered 1x to 16x riser cards. These sell out often and they are mostly all made by companies that no one has heard of. The reviews on most are mixed, so you’ll just need to pick some and roll the dice. You’ll likely be paying around $8 each.
The specific proof-of-work algorithm that ethereum uses is called ‘ethash’, designed to require more memory to make it harder to mine using expensive ASICs – specialized mining chips that are now the only profitable way of mining bitcoin.
PROFILES – This serves to save current overclock settings for further use. For example after you turn on your PC, you can automatically load all the  overclock settings to the desired GPU’s.We will have 1 profile per GPU on your mining rig. First make a new .txt file in the folder in which you have the  OverdriveNtool.
Megahashing performance of Radeon cards is still top dog, but it doesn’t make much sense going past the R9 390/x as the price/performance metric makes little sense in that regards.  Going from 2560 stream processors to 4096 doesn’t net much value, suspect something fishy with the VRAM is going on here.  That suspicion also bleeds over in the GeForce cards with the poor performance of the GTX 1080 once again suspecting something with the G5X coming into play.  But when it comes to the hashing rate of the GTX 1070 my eyes popped a bit, after all the skyrocketing prices of RX x70/x80 parts are starting to make it look rather attractive.  If you’re wondering why the GTX 1050 is sitting at 0 it’s because it simply doesn’t have the VRAM capacity to mine Ethereum, we left it in the charts for illustrative purposes only.  And because I forgot to delete it making the charts.
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.
Hi All, I am running Windows 10 on an Intel Celeron 1.8GH. I have downloaded the files, started geth-console.bat and still having this since 4 days. Wi-Fi has been disconnected sometimes. Does it take so long to generate a wallet address ?
Endoxan und haarausfall. Kam auch überhaupt nicht damit klar. @allIch habe jetzt meinen 2. Ich habe vor vier Jahren fünf Endoxan-Infusionen bekommen und habe in ALPHA 7 Days to Die ist ein Zombie-Survival-Spiel aus der Ego-Perspektive, das auf eine offene Spielwelt setzt und Elemente aus Shooter, Horror, Rollenspiel und
We had to exclude certain boards because they were too slow (previous-gen GeForce GTX 9-series, for example) or came up short on memory capacity (GeForce GTX 1050 2GB and Radeon RX 460 2GB). As you’ll soon see, those are important considerations, as two cards armed with the same GPU aren’t necessarily equal when it comes to mining Ethereum.
The AMD Radeon RX Vega 64 is the latest GPU from AMD that simply dominates mining.  Stock, it can mine Ethereum at 33 MH/s using around 200 watts but with a little tweaking, the hash rate can be as high as 41 MH/s using as little as 135 watts!  This card is simply a monster.  They are flying off the shelves so make sure you grab yours when you can.  You can buy them here.
Bei einem 24/7 Betrieb ergeben sich daraus 22,6 kWh (Kilowattstunden) pro Tag. Bei einem Preis von durchschnittlich 29 Cent pro kWh, muss sich jeder professionell eingestellte Miner fragen, ob er mehr als 6,60 Euro täglich an Krypto-Coins erwirtschaften kann, um aus der Verlustzone herauszukommen und das ganz ohne Berücksichtigung der Hardware-Aufwendungen.
   EthDcrMiner64.exe -epool us1.ethpool.org:3333 -ewal 0xD69af2A796A737A103F12d2f0BCC563a13900E6F.YourWorkerName -epsw x -dpool http://sia-eu1.nanopool.org:9980/miner/header?address=3be0304dee313515cf401b8593a0c1df905ed13f0adaee89a8d7337d2ba8209e5ca9f297bbc2 -dcoin sia
On the other hand, no one knows what will happen with Ethereum prices. At the time of writing, 1 Bitcoin was worth more than $4,000. If the price for Ethereum were to climb that high, that would definitely change all the profitability calculations. In that situation, if you had even just a few Ether in your wallet, you might suddenly find yourself in possession of a windfall.
Other recommandations : 8 Go RAM (better when compiling Zcash’s source on Ubuntu, for example). Of course, enough space on the HDD to run an OS, the drivers, the miner, etc. If you’re not mining with a pool (see section III), you’ll have to download and sync the entire blockchain of the cryptocurrency, which might get very big : Ethereum’s blockchain reached 30 Go in…one year. Beware.
Wieso sollte PoS ein Perpetuum Mobile sein? Irgendwann werden angehäufte Coins verkonsumiert. Dann haben wieder Andere die Möglichkeit diese zu erwerben, Stake-Rewards zu generieren und es findet eine nötige Umverteilung (im positiven Sinn, nicht im sozialistischen) statt.
The worst thing that could happen when once you’ve invested all the time and money involved in setting up your mining operation is a hardware failure or internet downtime. But when you mine with us, you can rest assured that any single piece of hardware failing does not mean the end of your operation thanks to scalability.

Leave a Reply

Your email address will not be published. Required fields are marked *