“Ethereum Mining Rig Australien”

“Ethereum Mining Rig Australien”

I just finished writing an article on Ethereum mining for this site and I covered the Titan V. It won’t be profitable for Bitcoin mining (only ASIC miners are profitable for Bitcoin) but it will mine Ethereum and other GPU-mineable coins with amazing efficiency. The problem is that it costs $3,000 and so it’ll take a very long time for it earn back its purchase price and become profitable… I believe it will get around 70 MH/s at 200 W mining Ethereum, so if you plug that into a mining calculator it should give you some idea.
Due to the massive demand for Ethereum mining rigs you’ll see cards sold out at most retailers (Nvidia has even put out a statement about it). If you’re willing to pay a premium you can find them at a higher cost but we recommend finding the cards for their retail price. The GeForce 1070 is easier to find from our research.
My wife heard the news while she was away in Tibet this summer that a Bitcoin mining operation got busted near where she was staying, so naturally, we looked up what Bitcoin mining was all about and decided that we needed in on the action.
Connecting the risers should be self explanatory. One thing to remember is that the little 1x PCI Express cards can be placed in the 16x PCI Express Slot (the big PCI slots). If you by any chance purchases a riser with a sata to molex adapter, make sure to replace it with a direct molex connection. The sata to molex adapters have been known to set fire.
You can determine the rating for efficiency by dividing the hashrate by the power consumption. Newer cards are usually more efficient. This rating is of prime importance—given that electricity is a fixed, ongoing cost. In other words, the more efficient your card, the more profitable it will be once you’ve received the ROI.
This guide will be broken into several parts, each focusing on a different aspect of building your first mining rig. First, let’s take a look at what you’ll need in terms of hardware to put a respectable Ethereum miner together.
At current difficulty, if you mine in a pool, you will probably mine about 0.00001406 BTC per week.  That means, if difficulty doesn’t increase at all, it will take about 71123 weeks (about 1367 years) to mine 1 BTC.  Of course difficulty will almost certainly increase during that time.  As such, it is quite possible that it will take more than 6000 years to mine 1 BTC.
The world has gone digital, from the development of smart homes to the development of innovations that promote seamless transactions. Every industry is feeling the impact of technology now more than ever. In every part of the world, the technologically driven goals remain the same: the maximization of profit and the promotion of sustainable development in all spheres of life. It is this yearning to make life as easy as possible that brought about the birth of cryptocurrency.
A contrario la personne qui mine il spécule juste sur le fait que EDF lui facture moins que “”l’estimation”” de la chaleur de son GPU, tous ça en restant assis … et au passage il pollue inutilement.
Sommaire1 Introduction2 Matériel dont vous aurez besoin pour créer un rig de minage et miner des crypto-monnaies3 Éléments indispensables pour créer un rig de minage et miner des crypto-monnaies4 En conclusion4.1 Soutenir Gagner des bitcoins4.2 […]
Your best bet is to find used 290s – best bang for the buck in my opinion. Since a lot of this will be about ROI, i’d buy used cards if I were you. That way, if you ever decide to get out of the game, you can resell the used cards, and your depreciation will be minimal compared to buying new graphics cards. But then again, it may take you some time to find used cards, since most of the miners have already bought them up.
For powering 6 GPUs it’s important to buy a 1200W power supply with Platinum connectors. Using anything lower than a Platinum connector will cause a loss of energy during use; which will ultimately factor into your bottom line. If you’re planning on using less than 6 GPUs you can go with a less powerful power supply.
To get started you will need to obtain a mining wallet to collect your digital currency, mining software, and of course your trusty PC equipped with a worthy “miner” or GPU, or better yet multiple GPUs. NiceHash is a simple software package that will get you up and running, but there are a myriad of mining app choices and wallet types out there to choose from, with lots of guides on the net to educate yourself. We’re going to be focusing on the hardware and mining performance side of things in this piece, however.
Kannon is a Tech Journalist (BA) with a background in international affairs (MA) with an emphasis on economic development and international trade. His passions are in China-sourced gadgets, information technologies (like RSS), and productivity tips and tricks.
You will need to Download Geth. This application will serve as a communication hub, linking you to the Ethereum platform while coordinating your setup (hardware and all) and reporting any new development that requires action on your part.
WCS expertise is not limited to the generation & compilation of high quality data and reports alone but includes an exceptional understanding of the prevailing legal requirements applicable to mining and allied projects. WCS reports meet requirements of all major financial institutions and government agencies. Over the years WCS has developed an unenviable reputation with various government agencies across India.
However, the Titan V’s massive price tag both puts it out of reach for the average home miner, but it ensures that it’ll take a very long time to pay for itself. It’s likely that the lower-priced, stripped-down gaming versions of the Titan V will be unveiled in 2018. One of these cards may prove to be the ultimate bang-for-the-buck in Ethereum mining power.
The Sapphire Radeon R9 295X2 is usually available at a price of $600. However since it is almost always out of stock some users prefer buying it over eBay where it is sold for inflated rates of $1100-$1500.
Awesome beginners build guide for an energy efficient mining rig! I have read through it several times and finally purchased the parts you recommended. However, I am not sure what power brick/adapter I need to get to maximize the potential of the picoPSU you recommended: https://www.amazon.com/Mini-Box-picoPSU-160-XT-Power-Mini-ITX-Supply/dp/B005TWE6B8/ref=as_at?creativeASIN=B005TWE6B8&linkCode=w50&tag=mak041-20&imprToken=jre1Yx45yo8HG1jqJ7Y0zw&slotNum=0
If you are planning on overclocking your GPUs, we recommend installing Afterburner. We use MSI Afterburner. For AMD GPUs you’ll need the latest beta version. You are going to adjust all the graphics card settings at your own risk – when in doubt, feel free to contact 2Miners on Telegram or Slack for advice.
And what energy efficient motherboard + cpu would you recommend for that case? I want to buy 2 RX 460s and maybe bump the watts to 300 I don’t mind as long as I can hash 22 MH/s on the same small machine.
Therefore, you must succeed in finding a GPU miner that satisfies both objectives. GPUs offer different rates of power consumption that range between 150 W to a whopping 500 W. It is easy to buy majority of GPUs that are listed below, on leading online shopping portals such as eBay or Amazon.
Another idea is to use my own laptop (toshiba R700), at night, using the same USB extenders but maybe the laptop power is not ready to supply the GPU. What is your opinion on this? In the case that it would be advisable to use laptop, would this interfere with my normal working or would it be advisable to let it work only when I am not using the laptop?
Before we get on to comparing the best available Ethereum Mining hardware and the best GPUs in the market, let us take a closer look at what GPUs are and what do you need to keep in mind before you buy a GPU to mine Ethereum with.
Today one of the most advanced miners out there is the Antminer S9. It’s what is known as an ASIC mining rig.  It has a mining rate of 14 TH/s. If we use the simple Bitcoin mining calculator (shown above) you will see that at today’s difficulty you will earn around 0.03600399 Bitcoins a month.
Bitcoin and Litecoin prices tend to move together; Bitcoins stratospheric leap over the past month – it’s down from a high of $1200 (£730) but trading at $870 (£530) as I write this – has created an odd situation where it’s easier to mine Litecoin and then convert LTC to BTC, than it is to just mine BTC to start with.
HydroMiner is a cryptocurrency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. Hydro-power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural.
En effet, la difficulté est passée de 2,3TH à 3TH, ce qui représente la plus grosse hausse à ce jour pour l’Ethereum. A titre de comparaison, la précédente augmentation qui a eu lieu autour du 25 juillet avait fait passer la difficulté de 1,8TH à 2,2 TH environ. Le problème, c’est que la valeur de l’ETH n’augmente pas au même rythme, ce qui a pour conséquence une diminution des gains des mineurs. Si les grosses fermes de minage peuvent absorber cette baisse de revenus, ce n’est pas forcement le cas des petits mineurs. Et vous, allez-vous continuer à miner de l’ETH ou préférerez-vous plutôt vous tourner vers d’autres coins ?
Mining a block is difficult because the SHA-256 hash of a block’s header must be lower than or equal to the target in order for the block to be accepted by the network. This problem can be simplified for explanation purposes: The hash of a block must start with a certain number of zeros. The probability of calculating a hash that starts with many zeros is very low, therefore many attempts must be made. In order to generate a new hash each round, a nonce is incremented. See Proof of work for more information.
Mining software: If you are going to have more than one rig, you could use some controlling software like Awesomeminer. If you don’t need it, then just install Claymore, following the instructions in paragraphs 1.4, 2, and 4.
We are going to be using the very popular Claymore Miner.  Get the current version here from Claymore’s original Bitcointalk thread and download the current version from the Google or Mega download links he provides (don’t use other people’s links).  The current version as of the time of this writing is 9.6 and you’ll want to get the Catalyst and Cuda version (not the Linux version).  
M2 to PCI Adapters: $20. You need two adapters for one rig, $10 each. They are made in China and are somewhat problematic. Some batches can be okay while others, every second or third adapter is not working correctly.
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Early Bitcoin client versions allowed users to use their CPUs to mine. The advent of GPU mining made CPU mining financially unwise as the hashrate of the network grew to such a degree that the amount of bitcoins produced by CPU mining became lower than the cost of power to operate a CPU. The option was therefore removed from the core Bitcoin client’s user interface.

One Reply to ““Ethereum Mining Rig Australien””

  1. Des Weiteren kannst du natürlich auch die Hashrate direkt in der Mining Software ablesen. Im ersten Bild wird die Hashleistung von der ethminer.exe jedoch in H/s anzeigt. Du musst diesen Wert also noch mit 1.000.000 dividieren um auf MH/s zu kommen.
    Upgraded my contract to 17.3450 MH/s. I receive daily payouts which is good – currently it seems my contract will gain a good profit for me. But do not forget: if I had bought some Ether directly the gain would be even bigger! The big benefit of a Cloud Mining contract is for me the minimal risk => you can directly start mining by investing a small amount of money. If you want to know more about my cloud mining experience check out my blog https://imine.blog/.
    As for the frame ill recommend to do it yourself, is not that hard. If you find the right materials and tools then you will not around 1-2 hours to build it and will const you around $50-$80. Check this tutorial!
    The specific duration of an Open-Ended contract is variable and determined by three factors: The mining difficulty, the Bitcoin vs USD exchange rates and the maintenance fee (This includes all electricity, cooling, development and servicing costs). We cannot control the first two factors which are unpredictable, but we do always deploy the latest mining technology, and do our best to keep it running at their maximum capability for you. You can find more in-depth information about the cost of bitcoin mining in our Customer Service Center.
    Do you mine Ethereum for fun? Then the numbers might not mean a lot to you. Though chances are you want to rake in some money from your venture, so the numbers matter to you. There are many ETH mining calculators you can use online and they give valid results.

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