“Ethereum Mining mit NiceHash”

“Ethereum Mining mit NiceHash”

The author of the mining software that we’ll be using recommends this step, although I’ve never encountered issues with a smaller (edit 4/19/17: I tried mining on a machine with only 4GB of physical RAM and got terrible performance until I increased my pagefile to 16GB). Here’s what you need to do:
Bestimmte Grafikkartenmodelle sind schlecht verfügbar und einige Hersteller präsentieren sogar spezielle Mining-Modelle – bestes Anzeichen dafür, dass eine neue Mining-Welle anrollt. Ethereum basiert wie Bitcoins auf einer Blockchain-Technologie. Ethereum ist aber keine reine Kryptowährung,… [mehr]
To back up your wallet for Ethereum. First show hidden files in your system. If you don’t nkow how to, go to your desktop, press F1, and type in “show hidden.” A window will open with diffent options that can let you option the mentu to show hidden files.
MyEtherWallet is an open-source client-side Ether wallet running on Javascript. MyEtherWallet makes it easy to create secure wallets without the command line or the need to run an Ethereum client on your computer. By running MyEtherWallet on an offline computer, you can create secure paper wallets for your ether holdings.
It is possible that the Ethereum Platform will not be used by a large number of external businesses, individuals, and other organizations and that there will be limited public interest in the creation and development of distributed applications. Such a lack of interest could impact the development of the Ethereum Platform and potential uses of ETH. It cannot predict the success of its own development efforts or the efforts of other third parties.
A household name like Samsung further legitimises cryptocurrency mining as a viable business venture.  While it will almost certainly be a revenue booster for Samsung, the company shied away from making any financial predictions on its new venture. The true tester will be the mining community’s feedback once the new chips are launched.
Eine optimale dezentrale Kryptowährung basiert für mich daher immer noch auf einem “gerechten” PoW Algorithmus, mit Hilfe dessen (fast) jeder mit seinen Geräten des täglichen Gebrauchs am System teilnehmen kann und dafür belohnt wird. Optimal wäre ein Algorithmus, der auch auf mobilen Endgeräten läuft, von denen Milliarden im Umlauf sind.
So basically, an ASIC should not have any benefit at all because it’s just general computation. And to top it off, contracts can be released that are specifically ASIC-hard so there would be an active disincentive to using ASICs. Though I’m not sure if that has ever been done or not in the wild.
Now make 6 “New” profiles and name them gpu1, gpu2… gpu6 and each profile will represent the GPU it’s attached to, so for example, we are using the “-p1” GPU to the profile “gpu1” and so on. You need to make so many profiles as you have mining GPU’s (all GPU’s except the Integrated one)
To reduce the risk of the adventure, like everyone at that time, we started out by utilizing the gaming GPU to reach a profitable hashrate (to be explained later). The profitability is measured by how much coin value that you generated against how much electricity that you paid. If the coin value is higher then the cost of electricity, you are in a profitable mining business, excluding the initial equipment cost. The original Bitcoin hashing algorithm (SHA256), performing a complex but fixed sequence of operation can be replaced by ASIC (Application Specific Integrated Circuit) dedicated hardware. The computation speed and power efficiency of ASIC essentially killed the profitability of using GPU based mining quickly. In order to stay in the Bitcoin mining game, Adafruit’s instruction to build a Raspberry Pi Bitcoin Miner, which can hash at 2 GH/s with extremely low power consumption (see the following picture), will keep mining alive for a little longer.
As reported earlier this week in Korean news outlet The Bell, the South Korean conglomerate will produce Application-Specific Integrated Circuits (ASIC) processing chips in its own foundry in a deal with Taiwanese manufacturer TSMC. Ironically, TSMC provides the ASIC chips used in Bitmain’s Antminers, but it’s new partnership with Samsung could well provide the first real competitor to Bitmain’s chip manufacturing ventures.
Change your password: Use the below commands to change both the root, and main ethOS user passwords. This is important especially if you’re planning to remotely access through SSH. Otherwise, your machine could be maliciously taken over.
Für Bitcoin trifft das zu und wird sich wahrscheinlich weiter zuspitzen. Mit einer höheren Blockfrequenz relativiert sich das ein wenig (wenn auch nicht drastisch), allerdings sehe ich sehr viel Potenzial auch für dieses Problem im Sharding der Blockchain ab einem bestimmten Transaktionsvolumen.
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.
Dear rufio88, I’m experiencing a problem that showed up today, after an unwanted windows update (that I was stopping for about 3 weeks), my mining rig slowed down a 35% in hash rate. I have windows 10. Are you or anyone else you know having the same problem ?
MinerGate’s Variable Difficulty algorithm, allows small portions of the Ethereum Blocks to be sent to miners according to their equipment and effective hashrate, making Ethereum mining possible in any computer with a simple click of a mouse!
Because of the way Ethereum hashes work, miners need to have systems with graphics cards with specialized graphics processing units (GPUs) and a lot of memory. Experts are recommending graphics cards with at least 3GB of RAM to get started today. Those high-powered graphics cards can be expensive, and the popularity of Ethereum mining has led to a shortage in the supply.
On the other hand, GPUs are great calculators for anything, and with a push of a button you can mine a different coin. Now you have the choice – picking and choosing when to mine and which coin to mine. This gives GPUs the upperhand and can greatly increase profits.
Letztlich weiß man nie was abgeht, von Heute auf Morgen kann der Markt wieder zusammenbrechen, Bitcoin hat das schon Dutzende male hinter sich, daher sollte man ganz ganz vorsichtig sein bei so enorm hohen Preisen Coins einzukaufen, das kann ganz schnell mal nach hinten los gehen das er dann einbricht und sich vielleicht nie wieder erholt und ja selbst Bitcoin kann das passieren, die macht der USA, Europa und China können dem ganz schnell ein ende bereiten.

One Reply to ““Ethereum Mining mit NiceHash””

  1. Hello Peter, I was wondering if you know ethOS well enough to possibly help me getting my Sapphire NITRO+ Radeon RX 480 4G to get higher in hash rate? I am stuck at 24mh/s and I can’t seem to get it higher but everyone keeps telling me most people are reaching 28+. If you want just email me please! I would appreciate all the help!
    lohnen schon, nur dauert das bis man es wieder drinnen hat bei den derzeitigen Preisen. hätte er z.B. 2 RX 480 für 200€ pro Stk gekauft, wäre das ok, da er die 400€ nach etwas mehr als einem Monat drin hätte, aber nunmehr 1000€ für 2 Stk. würde alleine rund 3 Monate dauern, dann würde er erst Gewinn erzielen, aber dann läuft es halt… Ein Risiko bleibt, das der Preis fallen kann, aber genauso gut kann er auch steigen, das ist halt das ding bei so welchen Investitionen.
    That ASIC might earn you 10 dollars profit in the first month. Though due to the constant arms race of acquiring hashing power, your profits would decrease each subsequent month. Here’s a look at the increasing Bitcoin hash rate over the last year.
    Step 1: The first thing you need to do is go to this link download Geth. Geth is the program that communicates with the Ethereum Network and acts as the a relay between your computer, its hardware and the rest of the ethereum network computers so if a block is mined by another computer your Geth program will pick it up and then pass on the new information onto your GPU or CPU for mining.

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