“Ethereum Mining Review”

“Ethereum Mining Review”

Miners expend electricity hashing that block with the processing power of their GPU(s). A successful hash result produces produce a unique Proof of Work (PoW) proving that the miner worked on that block.
1. You published this article on January 19,2017 and you talk about RX 480, but you recommend a driver that is not for this type of video card. I know that Claymore recommends it, but I think it was long time ago, when he wrote his program.
Looking for the most affordable Bitcoin mining hardware? Here is one for you. Released in December 2014, this device is a bit outdated but will work best for those who are looking for ways to save. Its power consumption is 590-watts, which makes it a good choice to those who are keen on conserving power. With a hash rate of 1.155 TH/s, this Bitcoin miner can create about 0.05 Bitcoins in one month.
Ethereum ist, nach Bitcoin, eine der größten und beliebtesten Kryptowährungen weltweit. Das dezentrale System, bietet allerdings zusätzlich noch viele weitere Möglichkeiten und kann deshalb als eine Fortführung von Bitcoin angesehen werden. Zum Beispiel, können mit der Ethereum Blockchain sogenannte Smart Contracts verwaltet werden, die viel Anwendungspotential in der Finanzwelt haben. Auf Grund dieser zahlreichen Möglichkeiten, ist Ethereum in letzter Zeit sehr schnell extrem beliebt geworden und hat auch gute Zukunftsaussichten. Nutzer können Ethereum entweder auf Krypto-Börsen kaufen oder dieses Minen (schürfen). Wir euch, was genau Mining ist, wie es funktioniert und wie ihr mit Ethereum Mining Geld verdienen könnt.
In addition, this is impossible to reverse engineering the content to produce the same hash value, as if modifying the content enough to fake the hash value. This is the beauty of the Cryptographic Hash Function; even if you changed a single character, the hash value will be changed so significantly such that you have no way to control the changes.
Theoretically I could make a card, with 2 processors (similar to an R9 290 DUO) and stack 2 memory controllers each with 16 GB of ram on the card and end up with a near 100 MH/s (96 really) it is beyond my own ability to finish the engineering and programming of such card, and I do not possess the LARGE amount of funds it would take to generate the first card. All subsequent cards would be fairly inexpensive ($300-$400 to produce)
The P102-100 might become the next important difficulty bomb. Knowing how well previous mining-oriented cards sold (with more than 300k P104 being sold in February alone), we might expect Ethereum difficulty levels to skyrocket soon. I’ll try to get my hands on those cards and test them as soon as possible.
The choice of the PSU depends on the overall TDP of your GPUs plus the CPU/RAM/HDD. Moreover, keep in mind that the PSU efficiency, whatever its rating (80Plus Bronze, Gold, Silver or Platinum), is a function of the load. There are two strategies : either investing in a good branded PSU with a several-year warranty, or combining less powerful PSUs with a Dual PSU Adapter. You can make the choice of investing for durability or saving for the sake of your ROI (Return On Investment).
ASIC miners, which are highly efficient at solving the SHA256 algorithm used to confirm transactions on the Bitcoin blockchain, outperform traditional GPUs – which muscled hobby miners and their existing graphics cards out of the market.
There’s more to buying a miner than just picking the one with the highest hash rate, though. Miners with a high hash rate usually come with a high price tag. On top of that, they also typically use more electricity as they operate which could further drive your costs up.
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.
We’re going to basically do the reverse with the memory clock speed, but there are some important things to know. If you have a GPU that is factory-clocked at 1750 mhz or less (virtually every 4GB RX 470/480 GPU, and most RX 470 8GB GPUs as well—the Sapphire Nitro being the notable exception—then 1750 mhz is going to probably be your limit via this method. Increasing the memory clock beyond 1750 mhz will likely result in a change to less-aggressive memory timings that will result in a loss of performance, and there is no way to prevent this outside of BIOS modifications. So if you have a card clocked at under 1750 mhz, bump it up to exactly 1750 mhz, which will give you a decent performance boost. If you have a 2000 mhz card, you can increase it incrementally, like the reverse of what we did with the core clock. Eventually you’ll experience system instability: artifacts on the screen, a GPU crash, bluescreen, etc. When that happens, back down a bit until things are stable.
Okay so I have read about ethereum’s asic resistance… it’s designed to be profitable with GPU’s and they dont want asics to “destroy” that like it happened with bitcoin and scrypt miners. But I don’t understand why it wouldn’t be profitable? I understand that the Ethash algorithm needs lots of memory and that’S not cheap. But why hasn’t a company just produced them in bulk for a lower price and made it profitable ?!
   3: same as “2”, but start indexes from one instead of zero. For example, if you specify “-di 05” to select first and last GPUs of six GPUs installed, miner will display these two selected cards as “GPU1” and “GPU6”.
Ich zeige wo ich investiert bin und führe Euch durch jedes Programm und erleichtere Euch damit den Einstieg. Weiterhin veröffentliche ich hier regelmäßig Videos zu den entsprechenden Investments, gebe Tipps und Hilfestellungen.
After you done all that for the FIRST GPU, you can repeat the process for each other GPU, always keep an eye in HWinfo64 for memory errors, so  that you don’t have an unstable rig. The rig can work with a bunch of memory errors but that can cause:
 – For Power Supplies, you want to double check that your PSU has enough connections to support the number of GPU’s you are running and enough overall wattage to support your total system power draw (and to give yourself some buffer of at least 10-15%). A helpful site for identifying how many 6 or 8 pin PCI-E power connections your GPU will require is here (Realhardtechx.com) and to get a sense of your overall system power draw, this is a good power consumption calculator (outervision).  Pro Tip: if building multiple rigs stick with the same brand PSU as you can use extra cables on your other systems if needed (e.g. I use only EVGA G2 PSU’s so if I have extra VGA, sata or molex cables from one build I can use them on another build).
Sie möchten nicht nur Bitcoin kaufen sondern auch aktiv an der Erschaffung Geld verdienen? Cloud Mining Anbieter ermöglichen es Ihnen ohne technische Vorkenntnisse und eigene Hardware. Unsere Leser haben sich für folgende Cloud Mining Anbieter entschieden, welche unsere Redaktion ebenfalls bedenkenlos empfehlen kann:
Damit erübrigt sich ob man will oder nicht, dass eine kleine Node irgendeine Chance hat einen Block minen zu können. Rechnet man die täglich 144 Blöcke auf die 4mio.$ hoch, so müsste man einen täglichen Kostenaufwand von 28.000$ betreiben um täglich einen Block generieren zu können, gut 900$ um einen Block pro Monat generieren zu können und immerhin noch 80$ wenn man statistisch einen Block pro Jahr generieren wollte. D.h. man müsste sich jeden Monat einen HighEndPC gönnen um mit etwas Glück einen Block im Jahr generieren zu können.
The good news is that getting started with Ethereum Mining is now easier than ever.  You do not need to download the full Ethereum blockchain, which is now over 20+ GB’s and still growing!  You also do not need to manage clunky command line miners with manual instructions.
AMD offers special mining-specific “blockchain compute” drivers that deliver considerably more performance than their standard drivers, so that’s what we’ll be using. If the computer that you’re installing to will not be a dedicated mining rig (eg: you plan to also play games on it, etc), you may prefer to use the latest available standard driver.
Honestly its super weird how this issue was resolved. Basically I just rebooted several times and then it started working…. I really don’t get this stuff, I have 2 degrees in computer science and an A+ cert and still don’t understand it lol
Vertcoin and Bitcoin Gold promise to hard fork to a different hashing algorithm if ASICs are developed. These coins want to encourage more users to be able to mine from the comfort of their own home. However, if these coins become popular and more profitable to mine, you might see a game of cat and mouse, with constant hard forking to dodge the new ASICs being developed. There could easily be a situation where at some point their community decides they don’t agree with the latest fork and then you have some Bitcoin Gold and Bitcoin Gold Cash type situation (or BG-Cash).
Natürlich gab es bei Bitcoin viele relativ große Adressen, die eben von Anfang an in der Mailing List dabei waren und es ausprobiert haben. Das sind allerdings auch First Mover, die es verdienen, eine neuartige Technologie getestet zu haben etc.
Für das Homemining sind fünf Faktoren wichtig: die Mininghardware, die Hashleistung, die Difficulty, der Stromverbrauch und der Ether-Verkaufspreis. Neben einem voll funktionsfähigen Rechner, benötigt ein Miner leistungsfähige Grafikkarten zur Berechnung der Hashes. Je leistungsfähiger die Grafikkarten sind, desto höher ist auch die Hashleistung.
MinerGate allows you to mine with either your CPU or GPU or even both, you can also choose how many cores you want your CPU/GPU to use. This allows you to regulate the heat and electricity produced by your hardware, allowing it to have a greater life-span.
The original funding of is the reward of mining. The miner provides the computational power in the form of electricity consumption, to produce the hash value (signature) to a Block. The effort of finding the correct hash value is also known as Proof of Work. The miner who first successfully found the correct hash value will be reward with some number of coins. This is precisely the concept of mining which is rewarding the coins for solving the hash value problem, benefiting the Blockchain to advance in space and time.
The full explanation in that post is very good and goes through all the various parameters. To just get straight to mining Ethereum you need to create a new file to run the miner. Extract the zip and create a new file called ClaymoreMine.bat (or whatever you want) and put the following command in it all on one line with YOUR_ETH_ADDRESS and RIG_NICKNAME subbed out. RIG_NICKNAME can be anything; it’s just an identifier so you know which miner it is.
There are two types of mining hardware: CPUs and GPUs. GPUs boast a higher hash rate, meaning they can guess puzzle answers more quickly. At time of writing, GPUs are now the only option for ether miners.
Ethereum is primarily mined with normal computer graphic card GPUs. That’s right, all you have to do is strap a bunch of NVIDIA or AMD  graphics cards together and make some money (assuming you have cheap electricity).
Figuring out how to set up all the mining equipment for Ethereum can be a daunting task for someone without the technical expertise. With the market expanding, more and more people are looking to invest in Ethereum. What some people may not realize though is that you can also mine Ethereum to passively generate an income every month.
Bitcoin Gold was initiated by Jack Liao, CEO of Hong Kong-based mining hardware producer LightningASIC , and was first announced in late August. The open project has been gaining traction and support in the wider cryptocurrency space since, with a dedicated Slack as a main hub for discussion and organization. Bgold is currently being developed by the pseudonymous developer “h4x3rotab” along with a small group of volunteers contributing to the project in other ways.

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