“is ether mining worth it best”

“is ether mining worth it best”

Step 8: Now you need to download Ethminer which makes your GPU or CPU run the hashing algorithm that is integral to securing the Ethereum network through proof of work. You can download this here and be sure to scroll down to the bottom of the page to get the right version – the latest and most up to date one is right at the end.
There are several providers who offer cloud-based mining. Hashgains offer you a one year contract and from then there is no maintenance fee for you to bother about. In the cloud, you have guaranteed uptime of nearly 100 percent. Even if one miner goes offline for some reason, your provider will automate them on the other active machines.
This a miner with OpenCL, CUDA, and stratum support. This is a popular simple ETH miner that can work perfectly with the right settings. You can find some users online sharing their settings for optimal results and hash rate with each specific GPU or you can set it up yourself and see what fits best.
Second, copy these figures into the Cryptowizzard Mining Calculator, a more sophisticated calculator which allows you to set your electricity costs, which are critical to determining profitability. Unfortunately, this calculator doesn’t automatically retrieve the current price, hashrate and block time. So, we copy those over:
This simple Ethereum mining calculator will allow you to determine how much you can profit from a certain Ethereum miner. It takes into account all relevant costs such as hardware, electricity and fees. See below for detailed instructions on how to use it.
With the above stated, mining Ethereum is one confirmed way to get the cryptocurrency. Miners are rewarded for every block that they try to solve hence, reward is shared among the miners according to the contribution of each person. Before joining a mining pool, it is important to know the top five mining pool out there. In the mining industry, it is advisable and considered wise to join a mining pool that is profitable. Hence, there is a need to know which mining pools are the best.
Miningpoolhub – Miningpoolhub (https://miningpoolhub.com) currently generates about 7.6% of the hashrate activity on the network. The reward calculation is based on a transaction fee, a block finding fee and uncle rewards and incentives. Miningpoolhub also has servers across more than one continent (US, Europe and Asia) ensuring a redundant environment.
Sidenote: If mining isn’t your thing, and you are just interested in purchasing some cryptocurrency as part of your investment portfolio, I personally use and recommend Coinbase. I would also recommend keeping your coins safe using the Ledger Nano S hardware wallet. This hardware wallet supports all the major cryptos including Bitcoin, Ethereum, Litecoin, Dogecoin, Zcash, Dash, Stratis, Ripple, Bitcoin Cash, Ark, Expanse, ubiq, Pivx, Vertcoin and Viacoin. Did I miss any?
Even though this burgeoning cryptocurrency suffered certain wild volatility sometime in the past, it has been able to recover and progress well. As at now, enthusiasts and hobbyists are looking for means of downloading this blockchain based, open-source currency platform on high-end desktop PCs. By using an effective hardware for mining Ethereum, you can greatly reduce the amount of electricity that you use, which will, in the end, cut down your costs.
Form factor: ATX | GPU Support: 7 | Processors supported: 7th/6th Generation Intel Core i7/i5/i3/Intel Pentium/ Intel Celeron (LGA1151 socket) | Slots: 3 x PCI Express 3.0 x16, 4 x PCI Express 2.0 x1, 4 x DDR4 DIMM
These ETH miners for cryptocurrency mining are all great options to mine Ethereum, but in the end, you must choose what you see is most convenient for yourself. Be the judge and choose what best fits what you need. Through ETH mining you can reap important profits, but it all comes down to an optimal combination of hardware and your ETH miner.
They have the option to base operations overseas, in countries where electricity costs are low.You can get a smart deal if the company hedges you against the fluctuations in the market. These companies also guarantee that the system is always online to maximize mining profits.
Once you join ethereum, the minimum threshold that you can request for payment is 0.2 ether. However, they allow you to either raise or lower your minimum threshold in your settings. The good thing about Nanopool is that their interface is user-friendly and hence even if you are a newbie, you can be able to use.
There are real figure heads who run Ethereum unlike Bitcoin, which is owned by nobody. Ethereum also features decentralized apps. The Ethereum blockchain is the base, and other people can build decentralized blockchains on top of Ethereum.
[…] Generally, the best GPU for mining Ethereum should be one which requires the lowest possible power usage, to produce high hash rate (performance per watts). One can use a gaming graphic card to mine Ethereum, if it is powerful enough, nonetheless, a powerful GPU does not mean a better GPU. When Ethereum mining is involved, profitability is very vital, most powerful GPUs consume a lot of electricity and give less profit. Related reading, see: (10 BEST ETHEREUM MINING POOLS TO JOIN (COMPARISON) […]
What do you want to optimise for? Lowest upfront cost per unit hashrate? Lowest ongoing cost (upfront + electricity)? Best hashrate per unit electricity? Lowest heat (and electricity) per unit hashrate?
With every good there will be some complaints, as customers found that the product was the price. Because there is such a high demand for top rated graphics card so they can upgrade their PCs for ethereum mining, these cards are going to be scarce or very high priced.
Going back to the analogy of real-world mining, in cryptocurrency mining you can use different tools to find the gold, so-called mining software. Each mining software has evolved over the years, but some have developed more than others. The primary contenders for Ethereum mining are Claymore and Genoil.
Hey I have been following the above guide and also the guide on how to mine ethereum from cryptocompare but i just started using parity instead of geth t download the block data. Currently running a Nvidia K80 on a vm and I get only 13MHz hashrate, also I see that only 2GB (2001MiB) of the GPU memory is being used (I think total memory is over 50GB). Am i doing some mistake coz i was expecting hashrate in 100Mhz?
2.3 You need to open up another command prompt as in step 4 – so your going to get two scary looking boxes. Simply click right click on your already open command prompt in the taskbar at the bottom of the page and click on command prompt in the menu that appears. A new command prompt should open with C:\users\username>. This is the wrong place to look for ethminer so you need to tell it the right place to find it.

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