When talking about GPU mining with Nvidia-based GPUS for crypto currencies there are two models that usually come in mind – the GeForce GTX 750 Ti and GTX 970. When talking about Ethereum mining however Nvidia mining rigs do not do that well compared to AMD-based rigs and while the GTX 970 does pretty well at about 20-21 MHS the GTX 750 Ti is performing terribly, so it is not suitable for ETH mining. A good choice for GPUs that have only 1 GB of video memory or do not perform well for mining Ethereum is to go for mining Decred (DCR) at the moment, so you have good alternative. But if you are currently building a low powered multi-GPU mining rig at the moment with Nvidia-based GPUs the card of choise will most likely not be the 750 Ti anymore, you should go for the slightly more expensive GTX 950. The GTX 950 is doing much better for mining Ethereum as compared to GTX 750 Ti, you can expect to see somewhere around 10 MHS from the 950 and it has been like that since the beginning (no performance drop like on some AMD cards). The reference design GTX 950 has a TDP of 90W as compared to 60W for the reference design GTX 750 Ti, but it also offers higher performance and is usable for Ethereum mining at 10 MHS. So a 6 GPU mining rig using Nvidia GeForce GTX 950 video cards should come at about 600W of total power consumption at max load and giving you about 62 MHS hashrate for mining Ethereum (Ethereum does not use the most power hungry algorithm). The GTX 950 does pretty well for other mining algorithms as well, you have alternatives available like DCR and will still get good performance and profit. Here is a comparison between GTX 750 Ti doing around 500 MHS with the latest ccMiner fork from tpruvot with Decred support (the faster 64-bit version) versus around 645 MHS for GTX 950, these numbers are from the publicly available miner. So do consider going for GTX 950 instead of GTX 750 Ti if you are building an Nvidia mining rig now and GTX 970+ is not an option at the moment. Other Similar Publications: • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •. Yes, the reference design have a 90W power limit but you’d be hard pressed to find one with all the different, more accessible flavors out there. And different models of 950s (Gigabyte, MSI, Asus, Zotac) have different stock limits. Looking in their BIOS reveals that (). More Ethereum Cloud Mining Calculator Gpu Tweak Gtx videos. 1080 Specific Ethereum Mining Issues. 2062 MHz GPU clock Ethereum. On Ethereum mining, the GTX 1070 is roughly 20% faster than the 1080 right out of the box. You can check out the profitability with our Ethereum mining calculator. Ethereum Cloud Mining sites. S guide to Ethereum mining and have a GPU. For example, the Zotac AMP! Edition has a limit of 141 watts which it will actually use by default if needed (bottom of the page: ) This is the problem with software reported consumption figures because it ignores the real limit set in the BIOS. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others. If you find helpful and useful information you can support us by donating altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi.
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This is NOT meant to be an all-inclusive FAQ about how mining works in general. This just gives you the information you need to get you up and running mining Monero cryptocurrency. ==================================== Mine for me with your CPU: www.steelroms.com/miner.html Mine for me with your NVIDIA GPU: ==================================== Coinhive.com Java Mining with CPU: www.coinhive.com XMR-STAK NVIDIA GPU Mining Software: ==================================== If you would like to help mine Monero on my behalf, you can download the XMR-STAK miner above, or go to my website listed above and start the CPU miner. Thanks to all my subscribers! All 163 of you! I know it's a small number, but it means a lot to me that you guys are sticking around! This trading chat comes from the chat box on an active altcoin trading website. There are two opinions on the chatbox. This is a goldmine of information, right from the trading floor, with expert commentary and insight on altcoin rises and falls as they happen, and staying on top will give you tips on early altcoin movements and make you RICH! These people are insane, and trolls and sleep deprived traders, you'd have to be a maniac to trade based on this advice. Either way, we are not responsible from the trading decisions you make, and the gains and losses you experience as a result of acting on any of the insight read here. However, here's some tips to mine the information you want: - Press ctrl+f on your keyboard and enter the coin name you want to see a snapshot of opinion on. Maybe a particular coin has risen and you want to check the market sentiment and wisdom here for why- do a quick ctrl+f search and catchup - When any coin name is mentioned you can click on it to go and see charts and trading summaries. Mio: LittleWang69, ? Mio: LittleWang69, ? cricket42: Does anyone think that ETH will be stronger than was ever been? Cricket42: Does anyone think that ETH will be stronger than was ever been? But here must l>e considered the position of Cal. As a mining state, with the commercial and manufacturing industries, and the prevalence of speculative. And as each acre can bo cjttmatcd to yield 500 gallons, the calculation for 188G-7 mi|;ht not unreasonably bo placed at 30,000,000, and yet this Would anionnt to only. Dashmeousside: thunderwolf, resisting arrest? Dashmeousside: thunderwolf, resisting arrest? Dwz: dwz: thunderwolf: LittleWang69, hahahahah thunderwolf: LittleWang69, hahahahah moonshiner: LittleWang69, pizza and very intertwinned moonshiner: LittleWang69, pizza and very intertwinned DETH: DETH: bitcoinup: Watchtower, tnx bitcoinup: Watchtower, tnx aannane: cricket42, me aannane: cricket42, me Mirai: daryl.henley, hello! Not trading here, just making sure the Box is of spam. Happy trades to you! Have a nice sunday. Mirai: daryl.henley, hello! Not trading here, just making sure the Box is of spam. Happy trades to you! Have a nice sunday. Dwz: dwz: iLoveDonuts: moonshiner, pizza gate iLoveDonuts: moonshiner, pizza gate dwz: yummy dwz: yummy DETH: DETH: BastlW: cricket42, yes me BastlW: cricket42, yes me DarkSwan: cricket42, Nope, definitely not. DarkSwan: cricket42, Nope, definitely not. USRO: now we know that yobit server's better than polo. LOL good job POLO USRO: now we know that yobit server's better than polo. LOL good job POLO jungii: DustOff, oceangoing, did you try using the API, worked for me earlier with ETH when polo was stuck jungii: DustOff, oceangoing, did you try using the API, worked for me earlier with ETH when polo was stuck fcr2016: fcr2016: mmakam2: broke first level resistance mmakam2: broke first level resistance Pbitty: Watchtower, you feed mushrooms vermiclite not *bleep* Pbitty: Watchtower, you feed mushrooms vermiclite not *bleep* KeepH0DLingOn: Bitcoin is kind of like the glue that holds all the together. KeepH0DLingOn: Bitcoin is kind of like the glue that holds all the together. Galford: some1 wake me up when neos train start moving galford: some1 wake me up when neos train start moving Socket: been trying to short since 1115 cant get an order to execute meanwhile behind scenes polo shorting dash like mofo Socket: been trying to short since 1115 cant get an order to execute meanwhile behind scenes polo shorting dash like mofo Watchtower: BjTradeFX, Confirmation time varies depending on how busy the network is. Please do exercise some patience. Watchtower: BjTradeFX, Confirmation time varies depending on how busy the network is. Please do exercise some patience. Best Bitcoin Cloud Mining Contract Reviews and Comparisons • Overview - Table of Contents • • • • • • • • • • • What is Bitcoin Cloud Mining? Cloud mining or cloud hashing enables users to purchase mining capacity that of hardware in data centres. Two operators, and, have been offering contracts for several years. Bitcoin cloud mining enables people to earn Bitcoins without bitcoin mining hardware, bitcoin mining software, electricity, bandwidth or other offline issues. Bitcoin cloud mining, sometimes called cloud hashing, enables users to buy the output of Bitcoin mining power from Bitcoin mining hardware placed in remote data centres. Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble. What are Bitcoin Cloud Mining Advantages? Micro Mine| 5 Year Contract. WITH SOLAR POWER, CLOUD MINING IS NOW PROFITABLE As you know, about 70% of all cryptocurrency mining profits are lost to power costs. By adopting solar powered miners, we have eliminated the largest ongoing expense. Making Mining Profitable. Simultaneously, cryptocurrencies. Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on. However, there are certain risks associated with cloud mining that investors need to understand prior to purchase. Bitcoin is the currency of the future & Genesis Mining is the largest cloud mining company on the market. Mine bitcoin through the cloud, get started today! • No excess heat to deal with • Quiet because of no constantly humming fans • No electricity costs • No bitcoin mining equipment to sell when bitcoin mining is no longer profitable • No ventilation problems with hot equipment • No preordered bitcoin mining hardware that may not be delivered on time by bitcoin mining equipment suppliers What are Bitcoin Cloud Mining Disadvantages? • Unverifiable or otherwise shady Bitcoin cloud mining operations • No fun! If you like building your own Bitcoin hashing systems. • Lower profits – Bitcoin cloud mining services or mining company will have expenses • Bitcoin mining contracts may have the ability to cease operations or payouts in the contracts if the Bitcoin price is too low • Lack of possession of the Bitcoin mining hardware • Lack of ability to change the Bitcoin mining software Best Bitcoin Cloud Hashing Services Being listed in this section is NOT an endorsement of these services and is to serve merely as a Bitcoin cloud mining comparison. There have been a tremendous amount of Bitcoin cloud mining scams.: Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC. Customers must purchase at least 10 GH/s.: Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced. Zcash mining contracts are also available.: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Minergate Review: Offers both pool and merged mining and cloud mining services for Bitcoin.: Hashnest is operated by Bitmain, the producer of the Antminer line of Bitcoin miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest's website. At the time of writing one Antminer S7's hash rate can be rented for $1,200. Bitcoin Cloud Mining Review: Currently all Bitcoin Cloud Mining contracts are sold out. NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers. Check its website for up-to-date prices.: Start cloud mining Bitcoin with as little as $10. Eobot claims customers can break even in 14 months. MineOnCloud Review: MineOnCloud currently has about 35 TH/s of mining equipment for rent in the cloud. Some miners available for rent include AntMiner S4s and S5s. Best Bitcoin Cloud Mining Contracts and Comparisons Bitcoin cloud mining contracts are usually sold for bitcoins on a per hash basis for a particular period of time and there are several factors that impact with the primary factor being the Bitcoin price. For example, Pay per GHash/s would be 0.0012 BTC / GHs for a 24 month contract. Contracts vary from hourly to multiple years. The major factor that is unknown to both parties is the Bitcoin network difficulty and it drastically determines the profitability of the bitcoin cloud hashing contracts. Bitcoin network difficulty is a measure of how difficult it is to find a hash below a given target. The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target. Bitcoin mining pools also have a pool-specific share difficulty setting a lower limit for shares. The Bitcoin network difficulty changes roughly every two weeks or 2,016 blocks. There are all types of cloud mining options for other forms of blockchain technology. Best Litecoin Cloud Mining Services and Comparisons There are limited options for Litecoin cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to litecoin.: Hashflare offers scrypt mining contracts with a minimum purchase of 1 MH/s.: Genesis Mining offers Litecoin cloud mining contracts.: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Minergate Review: Offers both pool and merged mining and cloud mining services for Litecoin.: Eobot offers Litecoin cloud mining contracts with 0.0071 LTC monthly payouts. Best Dash Cloud Mining Services and Comparisons There are limited options for Dash cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to Dash.: Genesis Mining is the largest X11 cloud mining provider. Genesis Mining offers three Dash X11 cloud mining plans that are reasonably priced. Best Ether Cloud Mining Services and Comparisons There are limited options for Ether cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to ether.: Hashflare is a large Ether cloud mining provider with reasonably priced Ethereum cloud mining contracts.: Genesis Mining is the largest Ether cloud mining provider. Ethereum cloud mining contracts are reasonably priced.: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.: Eobot offers Ethereum cloud mining contracts with 0.0060 ETH monthly payouts. This will show you how to mine Ethereum using Amazon cloud servers. Bitcoin Cloud Mining Scams There have been a tremendous amount of Bitcoin cloud mining scams like the possible $500,000 that was uncovered. Potential buyers should be extremely guarded and careful before purchasing any bitcoin mining contracts. Services to beware of: Scrypt.cc Review: Scrypt.cc allows purchase of KHS in a matter of seconds, start mining right away and even be able to trade your KHS in real time with prices based on supply and demand! All KHashes are safely stored and maintained in 2 secured data-centres. PB Mining Review: Claims to operate Bitcoin mining ASIC hardware. When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly. At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees. The Bitcoin mining contract is 100% insured because they want customers to succeed. Bitcoin Cloud Services (BCS) Review: Appears to have been a. Zeushash Review: Appears to have halted payouts. Bitminer.io Review: Based on they appear to have halted payouts. Cryptocurrency Cloud Mining Companies Hashflare Review: An Estonian cloud miner with SHA-256, Scrypt and Scrypt-N options and currently appears to be the best value. Genesis Mining Review: is the largest Bitcoin and scrypt cloud mining provider. Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible. Minex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Minergate Review: MinerGate is a mining pool created by a group of cryptocoin enthusiasts. It is the first pool which provides service for merged mining. This means that while mining on our pool you can mine different coins simultaniously without decrease of hashrate for major coin. Hashnest Review: Hashnest is operated by Bitmain, producer of the Antminer line of miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest's website. Bitcoin Cloud Mining Review: Supposedly has been mining Bitcoin since mid-2013. All Bitcoin miners are located in a state-of-the-art data centre in Australia and they have direct access to high quality equipment and 24/7 support. NiceHash Review: NiceHash offers you to sell and buy hashing power. Selling hashing power is as simple as connecting your miner to our stratum mining pools while buyers can buy hashing power on demand, on pay-as-you-go basis. Claims to bring an innovative easy-to-use and risk-free cloud mining service. You can mine the vast majority of popular coins, based on SHA-256 (Bitcoin, etc.), Scrypt (Litecoin, Dogecoin, etc.), Scrypt-N (Vertcoin, etc.) and X11 (DarkCoin, etc.). Eobot Review: Claims to be the easiest, cheapest, and best cloud mining solution. Start with as little as $10 using PayPal and choose between any cryptocurrency including Bitcoin, Litecoin, Peercoin, Namecoin, Feathercoin, Dogecoin, NautilusCoin, and Vertcoin. MineOnCloud Review: MineOnCloud appears to have obselete hardware. It was launched on November 2013. They offer Bitcoin mining contracts for SHA256 using a very stable ASIC 28nm chip. They have two bitcoin mining contract options - a day pass and an annual contract. Customers can choose the Bitcoin mining pool and change every month for free with year contract. Scrypt.cc Review: Scrypt.cc allows purchase of KHS in a matter of seconds, start mining right away and even be able to trade your KHS in real time with prices based on supply and demand! All KHashes are safely stored and maintained in 2 secured data-centres. PB Mining Review: Claims to operate Bitcoin mining ASIC hardware. When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly. At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees. The Bitcoin mining contract is 100% insured because they want customers to succeed. Bitcoin Cloud Services (BCS) Review: Appears to have been a. Zeushash Review: Appears to have halted payouts. Bitminer.io Review: Based on they appear to have halted payouts. Other Languages Arabic - Burmese - Chinese (Cantonese) - Chinese (Mandarin) - Dutch - French - German - Georgian - Greek - Hindi - Indonesian - Italian - Japanese - Korean - Lao - Nordics - Norwegian - Polish - Portuguese - Russian - Spanish - Swedish - Pilipino - Thai - Turkish - Vietnamese. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. Bitcoin mining is the processing of transactions in the digital currency system, in which the records of current bitcoin transactions, known as a blocks, are added to the record of past transactions, known as the block chain. A Bitcoin is defined by the digitally signed record of its transactions, starting with its creation. The block is an encrypted hash proof of work, created in a compute-intensive process. Miners use software that accesses their processing capacity to solve transaction-related alogorythm. In return, they are awarded a certain number of Bitcoins per block. The block chain prevents attempts to spend a Bitcoin more than once -- otherwise the digital currency could be counterfeited by copy and paste. Originally, Bitcoin mining was conducted on the CPU's of individual computers, with more cores and greater speed resulting in more profitability. After that, the system became dominated by multi-graphics card systems, then field-programmable gate arrays (FPGA's) and finally application-specific integrated circuits (ASIC's), in the attempt to find more hashes with less electrical power usage. Due to this constant escalation, it has become hard for prospective new miners to start. This adjustable difficulty is an intentional mechanism created to prevent inflation. To get around that problem, individuals often work in mining pools. Bitcoin generally started with individuals and small organizations mining. Nov 28, 2017 - dmoberhaus writes: Someone claimed to use their Tesla to power a cryptocurrency mine to take advantage of the free energy given to Tesla owners. Out of the box, an average GPU can do about 20 megahashes per second on the Ethereum network (that is, performing a math problem known as hashing. Free Bitcoin Mining - Mining Bitcoin Free Bitzfree is one of the many bitcoin cloud mining sites circulating in the by binjeeclick. That is a feature to multiply our GHs in the meantime so do not always walk with double mining. So GHs when using this feature will 2x more mining. Are you Interested to join Bitzfree? Nov 27, 2013 - The hashing difficulty has increased to a point where you'll spend more on electricity than you'll get in Bitcoin in return. Mining clients for the Mac and if you uncomfortable with the command line/Terminal (or would just like a little more feedback) I recommend a free OS X mining client called MacMiner. At that time, start-up could be enabled by a single high-end gaming system. Now, however, larger mining organizations might spend tens of thousands on one high-performance, specialized computer. Electronic money, or e-money, is the money balance recorded electronically on a stored-value card. These cards have microprocessors embedded which can be loaded with a monetary value. Another form of electronic money is network money, software that allows the transfer of value on computer networks, particularly the internet. As a direct result of the new hardware getting released and the price increase there was the inevitable total hashrate and thus difficulty increase in the Bitcoin. This all brings us back to the question what to go for – an ASIC miner or cloud mining service, that is if you want to invest into mining crypto currencies at all. HashFlare.io offers cryptocurrency cloud mining. HashFlare.io offers cryptocurrency cloud mining. You can decide which pools you want your hashrate to. Electronic money is a floating claim on a private bank or other financial institution that is not linked to any particular account. Examples of electronic money are bank deposits, electronic funds transfer, direct deposit, payment processors, and digital currencies. Many people wished they had not missed the Bitcoin mining bus before the great Bitcoin boom started back in 2013. Back then you could mine Bitcoins pretty easily at home and make a very nice profit on the exchange rate. However since then, the mining difficulty has increased immensely and today it is almost impossible to with your own hardware. The only exception is if you have very low electricity costs and manage to mine efficiently for at least 6 months without any major changes in this competitive landscape. And that’s one of the reasons cloud mining was born A seemingly sophisticated way to allow people to jump on the Bitcoin mining bus without the need of costly expenses. With cloud mining you can rent mining equipment from a company that will give you back the profits from your rented mining rigs. You do not need to deal with the electricity costs, cooling down the miners or storing them, all you need to do is send out a periodical payment and you are all set. Of course this cloud mining idea quickly took off as people are always looking for new ways to make money online, however how legit and profitable are these cloud mining contracts? That’s exactly what I’m about to unveil in the following post. 99% of cloud mining companies are complete a Ponzi scheme How do I know this? Well, I run a website dedicated to helping people get started with Bitcoin and every day I get another complaint about another cloud mining company that does not pay and the website seems to have gone away. Even Gavin Andresen, the previous chief scientist of the Bitcoin Foundation who has now been widely discredited because of his involvement with the charlatan Craig Wright,: “I suspect many of them will turn out to be Ponzi schemes.” Also just looking at our page you can see the amount of and companies that fail to payout. When consider a cloud mining company make sure to due your due diligence on every company you think of investing in. One the tools created for this task is the. If it does not pass the test - do not invest. But even if you do find a legit cloud mining company is it really worth your money? Let’s put one of the most profitable cloud mining companies to the test - Doing the math If you go to and purchase 10Th/s of Bitcoin mining power (SHA-256) it will cost you $1,200 or the equivalent in Bitcoins around October 17, 2016. If I use a Bitcoin mining calculator and try to predict my profits with 10Th/s of mining power assuming I have no other expenses I get the following results: So after one month I make around 0.34172190 Bitcoins (~$217), meaning after 1 year I will make around 4.1 Bitcoins. Mining Proof of Work Mining Difficulty What is Bitcoin Cloud Mining? Bitcoin Mining Hardware What. And purchase shares or a mining contract. Bitcoin crash? Seems pretty profitable, this means that I’ll break even after about six months and from there on it’s pure profit. But here’s the kicker, something called MEF - Maintenance and Electricity Fees. For Hashflare they are as followed: The MEF is linear and equals 0.0045 USD per every 10 GH/s of SHA-256 and 0.01 USD per every 1 MH/s of Scrypt. Ethereum contracts are not subject to any fees. So let’s go back to our investment and calculate in the fees. 0.0045USD per 10GH/s per 24 hours = $4.5/day (since I’m using 10Th/s). So in one month this adds up to $135. So now we’re making only $82/m and are breaking even in about 15 months. If everything stayed constant in the Bitcoin universe I’d only get my money back after a year and 3 months. After that I’d be doing $82/m in revenue which is 6.8% monthly interest. However, if you take a look at you see that nothing ever stays constant for such a long time. Exchange rates will fluctuate and mining difficulty will probably increase. Assuming the BTC exchange rate rises you’ll be making more money and so will the mining company. However, if that’s the case then perhaps you would have been better off just holding on to those $1200 in Bitcoin to begin with. And if Bitcoin’s price drops? Well it’s going to take you a lot more time to break even. However since the cloud mining company already cashed out on you as a customer when you signed up they don’t really care. Also, if BTC’s price falls so low that it’s no longer profitable to mine you won’t be getting anything which can make your break even time become infinate. However, the examples given above are actually the best case scenario where the company you invest in actually has mining equipment. Most of the cloud mining site today are unfortunately Ponzi schemes masquerading as legit investments. Usually they’ll just take money from newcomers and pay it out to senior members and themselves until this whole scheme finally falls apart and the site goes down. Bottom line - Cloud mining companies are usually always like a casino - the house always wins. If you do start making profits with them it is after a very long and risky period in which Bitcoin’s price probably went up and you could have made more money by just HODLing. Be careful with your bitcoins! Bitcoin is the most popular among all crypto-currencies in the market. So, when it comes to choosing what type of crypto-currency is most profitable to mine, the answer that makes most sense is Bitcoin. There are at least 710 such currencies for trading as of 2016. However, only 26 have market capitalization of more than $10 million as of January, 2017. The fundamental question is: Which is more profitable to mine? Is it Bitcoin or any other digital currency? To find out, the first step is to understand the definition and concept of Mining. What is Mining? Mining is performed to perform new units of currency. This is a rigorous task in terms of computations. Digital currency mining calls for substantial processing power which is utilized for verification of transactions. Computers do the number-crunching or complicated and long computations. Thus, computers are rewarded for solving convoluted problems in mathematics. Studies show that Bitcoin mining during the early years can be likened to gold coins falling from the sky. Since then, it has grown from a mere start-up to a specialized and higher level financial platform. Yet, this was short-lived for today only experts with special technology can extract Bitcoin profitably. Mining remains technically viable although those with under-powered systems will discover more resources are used up for electricity than what is produced from currency mining. Mine all Scrypt coins with the Moonlander 2 5Mhs USB Scrypt Miner. Cloud Mining Large Scale Deployment Parts. Due to GPU Card Shortages Delivery Dates are. Antminer L3+ is currently the most powerful Litecoin miner by Bitmain. Check out return metrics and profitability ratios here or using our mining calculator.Missing. Mining Bitcoin (+ Other Altcoins) with Azure N. I could not afford this and my dreams began to fade as I opened the calculator and. Ccminer -a scrypt -o. The difficulty of mining of Bitcoin grows continuously as miners strive to acquire the most recent mining hardware. Is it still profitable for ordinary miners? Cloud Mining and Other Coins There is no way that cloud mining like cex.io will break even. It looks impossible to come up with a maximum of 0.02 coins (BTC) and resell these in the markets. Cex.io is a big crypto-currency exchange with large monthly volume that enables users to purchase or sell Bitcoin 24/7 at their convenience. Altcoins have emerged. Altcoin means “Bitcoin Alternative” and hopes to replace or modify one Bitcoin component. Coinwarz.com says there many coins that are 4, 000 percent more lucrative than Bitcoin. Litecoin is also 2, 800 percent more profitable. This is a peer to peer virtual currency and open-source software licensed by MIT/X11. Meanwhile, Graphic Processing Unit (GPU) demand for scrypt mining continues to increase with electronic commerce sites like Amazon.com and Newegg looking for a lot of newer and highly-efficient miners. Resale value of Advanced Micro-Processing GPUs is gaining ground as virtual currency miners rush to buy them and start mining before any version of Application-Specific Integrated Circuit (ASIC) scrypt is released. Altcoins can be exchanged for Bitcoin through Altcoin exchanges, for example bter.com. Some of them offer an auto-sell feature which allows coins deposited into the user’s account address to be sold automatically for Bitcoin. Users can trade the Altcoin to generate more profits. So, are miners inclined to mine the Bitcoin rather than the more money-making Bitcoin? Here are some points to consider: Many users still trust Bitcoin and speculate that the digital currency’s value will finally outgrow itself. ASIC is not capable of mining scrypt coins. Most of these Altcoins are based on Scrypt. Bitcoin security and stability increases as mining of blocks intensify and the difficulty multiplies. Investors do not only invest for profit. They look forward to the crypto-currency will turn out as the international reserve currency. Notwithstanding these developments, Altcoin mining with Graphic Processing Units are still profitable. Profitability in Today’s Milieu Bitcoin mining remains profitable for some people. It is easier to acquire cost-efficient machines with minimal energy requirements. In short, overall costs are reduced considerably. As an example, there are machines that modify settings to bring down expenditures. Potential miners are advised to conduct cost and benefit analysis to understand break-even price. This should be performed ahead of fixed-cost purchases. The following variable must be considered: Power Cost or Electricity Rate. Miners need to understand rates vary depending on current season, day, time, and other factors. Efficiency refers to power (measured in watts) consumed. Projected time for mining. Value of the Bitcoin in US dollars or other primary currencies. There are multiple profitability calculators that can be derived from the worldwide web. Among these calculators are provided by vnbitcoin.org and mining-profit.org. These can be used by potential miners to evaluate cost benefit equations of Bitcoin currency mining. These profitability calculators are slightly different compared to other calculators since these are less intricate in terms of features. It is important to process the analysis a number of times making use of various price levels for Bitcoin value and power cost. At the same time, change the difficulty level to determine how it affects analysis. Figure out at what specific level Bitcoin mining turns out rewarding. This will be the break-even price. Individual miners are free to become part of any mining pool. This is a group of miners who collaborate, work jointly and share profits. It is a way of increasing pace and reducing mining difficulty. Likewise, the pooled miners stand a better chance against Bitcoin mining mega hubs. Is it still profitable? We go back to the original query. Is Bitcoin mining still profitable? Is it more practical to mine other crypto-currencies? Choose an online profitability calculator. Choose various numbers and decide on the break-even point. Now, make up your mind if you are ready to allocate the required capital or resources for hardware purchase. Anticipate the value of Bitcoin currency in the future and difficulty levels. Once prices and difficulty go down, there will be fewer miners and easier to receive the currency. In case prices and mining difficulty go up, more miners will fight it out for fewer Bitcoin. This is a choice you have to make. WHAT IS BITCOIN CLOUD MINING; BITCOIN CALCULATOR. They are currently mining the most popular SHA256, Scrypt. Bitcoin cash prices are looking heavy today. Profit is calculated via the deduction of expenses from income. The income consists of daily payouts which size depends on the hashrate. In order to calculate an estimated income using the hashrate you will need to include it in one of the calculators below (set all Power values to zero): 1. - for SHA-256 2. - for Scrypt 3. - for ETHASH (set all Power values to zero) 4. - for X11 (set all Power values to zero) 5. - for EQUIHASH (set all Power values to zero) Next, deduct the maintenance + electricity fee of 0.0035 USD per 10 GH/s of SHA-256 and 0.005 USD per 1 MH/s of Scrypt from the income. ETHASH, X11 and EQUIHASH contracts are not subject to any fees. The sum you end up with is your estimated profit. Overview • • • • • • • • • • • • • • • • • • • • • • • Introduction If you’ve ever heard of cryptocurrencies, you’ve probably heard of mining. The sole reason most cryptocurrencies can function is due to mining. Without miners, the blockchain can’t be validated every time someone wants to make a transaction. If the blockchain doesn’t get validated, there is simply no way to know which transaction is legitimate and which is not. Becoming a miner doesn’t come without reward, however. There are two things which your reward is based off of. I decided to create a website for GPU & CPU benchmarks for zcash mining. MINER SOFTWARE: CLAYMORE'S ZCASH AMD GPU MINER v9.2 BETA OS: WINDOWS 7 x64 TDP. Cloud mining; Mining calculator. Zcash mining rigs. Mining Zcash is mostly a GPU game, you can mine using your CPU bug you'll get a lot more bang for your bucks. • The block reward • Transaction fees For example, whenever you decide to send some Bitcoin, Ether, or whatever other currency you’re using, you’ve probably noticed the added fee, which can either be listed as a “transaction” or a “mining” fee depending on your wallet. This fee gets tacked on to whichever miner “cracks” the code and completes the block. Though this reward is quite minuscule, the real treat is the “block reward,” which for Bitcoin is 12.5 Bitcoin equal to an astounding $48,314 USD! Pros and Cons of Mining vs. Investing One of the benefits in investing a couple hundred, or a thousand into a mining computer instead of into the currency you are eventually going to mine, is the fact that in the very unlikely event that the headline in the morning is “United Nations Ban All Forms Of Digital Currencies,” y ou can still sell your mining computer. At a loss nonetheless, but it’s still better than nothing. However, if you invested that amount into a currency instead, that currency will most likely be worth nothing. Although there still is the chance that the currency goes up by 100% overnight, leaving you in the dust with a mere mining rig. Another benefit is that in case the currency you are mining drops in value, you can easily swap to another coin and regain your profits that way. Take Ethereum for example. One year ago and with a small mining operation, it was very easy to mine 1 or 2 Ethers a day, while at the time it was only worth a couple of dollars. If you kept it today, you could sell each Ether for $330 USD, making your investment very worthwhile. Even though currency mining seems to be an easy get rich quick scheme, it does not come without risk, the main risk being: fire. If you have a relatively large mining operation with poor cooling, and you’re using bad power supplies with multiple extensions cables going into one outlet, something could catch fire very easily, making not only your rig worthless, but most likely your house too. As long as you use parts from reliable companies, and keep your rigs cool and dust free, this shouldn’t be an issue. Another risk to watch out for is if you have young children or small animals. They could easily break your rig by accident, either by throwing something at it or giving it a static shock. The next risk, while not severe, is power. Mining computers draw a lot of power, and depending on the size of the rig, they can easily draw upwards of 1,000 watts. Depending on where you live this could mean that you are mining at a loss everyday. Another risk, though small, is that if you decide to mine on the ETHash algorithm you have to make sure you have enough VRAM (Video Random Access Memory) on the graphics card, as the networks DAG (Directed Acrylic Graph) will be stored on the VRAM. So if you do not have a large enough VRAM size on your GPU you will not be able to mine that coin. At the moment, Ethereum’s DAG file size is 2.1 GB meaning that you will have to mine on a card with more than 2 GBs of VRAM. You can check the DAG size for some popular coins using website. In conclusion, while there are many risks, all can easily be avoided by either implementing standard safety procedures, or by making sure that your rig will last a long time by buying the best parts you can. But all in all, while you will receive a great amount of rewards for mining, you can also lose a lot of money if your rigs break down due to misfortune or just plain old bad luck. Economics of Mining Getting started with mining is relatively simple, especially if you already have a desktop PC with a graphics card. Building a mining rig is the main cost, as these can cost thousands of dollars. The next cost is power cost, though this shouldn’t be an issue unless you are using inefficient graphics cards (cards with a low hash rate and high power draw) and living in a country with high power costs. To find out how much you will spending on power each month, you can use this simple website linked below. Here you can input how many watts your computer will be using, and the website will tell you how many kWh that is per month After you calculate the amount of kWh you will be using every month, multiply the kWh per month by the amount you pay for electricity in your country, and then you will find out the cost. Take your monthly power cost away from the value of the amount of the currency you mine to find your monthly profits. Though most mining calculators include this calculation for you, it can be very useful to find the exact amount you will be spending on power. Here is our formula for working out monthly profit: M – W = P. M is the value of the amount of coins you mine per day, this can be found through sites like coingecko where it will tell you how much your crypto is worth. W is the amount you will be spending on kWh every month. This will then give you P which is your monthly profit. You can also find your daily profit by inputting your daily mined crypto into M and daily power usage in for W, the same can be done for weekly calculations. To find your real profit however, you first need to pay back the first investment into your mining rig. To find out how long this will take, you must use this formula: C / P = D, where C is the cost of your mining computer, P is the same as before (monthly profit), and D is the time it will take to pay back your computer, either in months, weeks or days. This depends on what you use for the first calculation. After you pay back the rig, every cent you make will go towards your total profit. PoW vs PoS Though this guide is mainly focused on the Proof of Work (PoW) side of mining, you should be wary of Proof of Stake (PoS), as Ethereum will be swapping over to this method in the near future. The difference between PoW and PoS is that PoS does not require graphics cards, nor does it require a very powerful system at all. PoS relies on you “staking” your coins to the network; the more coins you stake, the higher chance you get of receiving the transaction fees of other Ether investors. Another benefit of PoS is that the computers are not very expensive, nor do they draw lots of power, making PoS a far greener alternative to PoW. There are also no block rewards in PoS, thereby making the transaction fees the only reward. Proof of Work is where you have to run powerful computers that have high hash rates. Hash rates are the number of “hashes,” or numbers a computer can come up with every second, needed to solve a block. Both of these types of mining have a difficulty factor to them where the more miners there are on the network, the lower the chance you have of mining a block. In other words, the lower your reward is. Is a good website which has lots of information on the major cryptocurrencies, including their difficulties, block times, and block reward. If you want to check when the last block was mined, and who mined it, you can use website for Bitcoin, and one for Ethereum. How Does Mining PoW Work? Mining works by connecting to the blockchain and verifying transactions by verifying new blocks in the blockchain. By doing this they are securing the network and preventing errors from happening such as double spending. The miners put these blocks through a process by applying a mathematical formula to it, turning the numbers into a shorter, random looking sequence of numbers. This number is the blockchain’s hash. Producing hashes from the data of a blockchain’s block is easy, however it is impossible to work out what the starting data was just by looking at the hash. Each hash is unique and changing even a single character in the hash changes it completely. Is an excellent video which explains what your computers do when its mining that uses pen and paper as an example (This method is extremely inefficient so do not expect to make a profit off of it.) Mining Profit Calculators, And How To Use Them • Crypto Compare One of the most simple to use calculators is the. You simply choose the currency you would like to mine then input your hash rate along with the wattage of your system and power cost, then the website will show you what your profits are every day, along with the amount of the currency you will mine. The main problem with this site is that it does not factor in the network’s difficulty. Everyday new miners join the network, which in turn increases the difficulty. That means that if you are solo mining, you will have a lower chance of solving the block, and if you’re pool mining, this will lead to lower rewards. • My Crypto Buddy The is another useful calculator which has the option to include difficulty into the calculations. This means that it decreases your mining profit each month depending on how much the site estimates that the network’s difficulty will go up or down. For example, if the difficulty goes up by 100 GH/s in one month, the calculator will then assume that every following month will incur a difficulty increase of the same amount. This leads to a problem. If in one month the network receives an abnormal difficulty bump, whether due to a price increase of the currency leading other miners to join the network, or if AMD or NVidia release a new graphics card with a big hash rate boost, the MCB calculator will then use that abnormal value as the absolute value for every month, making the calculator unreliable. Though it is still useful to know that your mining income will decrease every month due to difficulty. This calculator also includes the mining pool fee. • Coin Warz The is another useful calculator, though more complicated than the rest, it comes with some quite unique features, such as allowing you to input your hardware cost. The calculator will then use this information to estimate how long it will take to pay back your computer. Another unique feature is that it if you’re solo mining, it will tell you how long it may take to mine a block by using your hash rate. A third useful feature is that it shows you how much you can trade your mined coins for in Bitcoin, which is useful if you think Bitcoin is only going to go up in price. You can use this calculator for about 100 different coins making it quite useful when trying to find out what your other mining options are. • What To Mine The is hands down, the most useful mining calculator. The reason being that you simply fill in your graphics cards models and the site will calculate the power draw, hash rate, and the most profitable coin for your set up. The site will even show you the best exchange to sell your coins on. Additionally, the site will also apply a reasonable overclock to the cards making your results even more accurate. When mining, overclocking is extremely useful so think of this as “free performance.” The only downside to this site is that it only has information on 11 different GPUs and no CPUs. You also can’t fill in your pools fee. This site is still extremely useful for finding the most profitable coin to mine, making it my preferred calculator. How To Find Mining Hashrates For Graphics Cards And Processors Now that you know how to use the profit calculators, you now need to know how to find the hash rates of your system. If your graphics card is not listed on the What To Mine website, this can be a tricky process. Luckily I have compiled a list of sites which have this information. • This is a very useful site for finding the hash rates on different graphics cards for Ethereum (ETHash), ZCash (EquiHash) and Monero (Cryptonight). The site also shows you the power draws for the graphics cards and will even give you the Amazon links on where to buy them, as well as suggestions for other parts you’d need to improve your mining rig. Other than that, the BuriedONE’s Youtube channel has many useful mining tips and tricks. • This is quite a useful list that has the information on the hash rates of many AMD and Intel CPU’s, and this list is constantly being updated. Though the list is only for the Cryptonight algorithm (or Monero) hash rates, I don’t recommend mining other algorithms on your CPU, as Monero works very well on the CPU, compared to other algorithms which heavily favor the GPU. Top 5 Graphics Cards To Buy For Mining Ready to start mining and become the next Bill Gates? In this section I will be recommending some of the best graphics cards for mining and addressing their power draw, cost, and their hash rates. I will also explain which coins are the best to mine with each card. • #5 – NVidia GTX 1050Ti This is an excellent graphics card for mining as it does not require any external power, so you can easily put it into any desktop PC with a PCI-E 16x slot. With a starting price of around $150 US dollars, and a mere power draw of. • #4 – NVidia GTX 1060 3GB/6GB This is another great graphics card for mining, although it pulls more power than the 1050Ti and has a steeper starting price, it pays off with its large hash rate bump. This card also has an external power connector, so you will not be able to plug this into any old desktop computer. However, this card is an excellent performer on the ETHash algorithm, as well as EquiHash. Keep in mind that if you choose the 3GB variant you should know that in the future, you will not be able to mine some coins on the ETHash algorithm due to how the algorithm functions; where the DAG file is stored in the GPUs VRAM. Even though this shouldn’t be a problem for a long time, it is worth noting. You can check the DAG size for many popular coins on website. • #3 – NVidia GTX 1070 The GTX 1070 is an amazing graphics card, where it’s only let down is it’s expensive price. However, this card achieves amazing hash rates on the ETHash and EquiHash algorithms, and draws a mere 150 Watts. My personal rig uses 4 GTX 1070’s, so I highly recommend these cards, especially if you can get them for a good price. This card is an excellent performer when it comes to gaming, so if you decide to sell your rig, you should be able to sell these cards for a great price. With 8 GBs of onboard VRAM, you will not have to worry about an increasing DAG file. • #2 – AMD RX 480/580 The RX 480 and 580s are extremely popular mining cards due to the fact that their price is very low, especially when compared to the similarly performing GTX 1070. Another benefit of this card is that AMD allows users to flash their card’s BIOS, which can make the card run at at higher hash rates with lower power draws. However, due to the popularity of this card, it can be very hard to find at reasonable prices, but if you can find this card at a good price it’s an excellent performer for mining. This card is an excellent choice to use on the CryptoNight, and ETHash algorithms. When compared to NVidias offerings however, it’s a very poor performer on EquiHash. • #1 – AMD RX 470/570 The RX 470 and 570s are hands down the best graphics cards when it comes to mining. This is due to its extremely low price and excellent hash rate performance. Like the RX 480s and 580s, these cards can also be very hard to find at reasonable prices. These cards are also excellent performers on the ETHash and EquiHash algorithms. • Other cards and ASICs (Application-Specific Integrated Circuit) If a card you own or plan on buying did not make this list, that does not mean that’s it’s a bad card by any means. This list is purely based on my opinions, as well as the price of the cards and the raw performance numbers. Though there are other cards which are great for mining, such as GTX 1080 Ti or RX Vega 64 (which I did not include due to their high cost), these cards on the list are just my recommendations. Another option for mining is ASICs. ASICs are devices made specifically for mining, and when compared to graphics cards, ASICs perform much better and have a much lower performance to the power draw ratio. The problem with ASICs are that they can only mine on one algorithm, so when the difficulty goes up, or the price of the coin you are mining goes down, you simply can’t swap to another algorithm, you will have to stay with that algorithm. ASICs are primarily used for SHA-256 (Bitcoin) or SCRYPT (Litecoin) algorithms. Another option are dedicated mining cards. These cards are made specifically for miners and offer a hash rate and efficiency bump over their gaming orientated counterparts, without the need for you to do much tweaking (overclocking and undervolting). However, most of these cards do not have display connectors making them useless to gamers. This makes the card worthless for resale, so if something happens to the cryptosphere making crypto worthless, say if some global superpower outlaws Bitcoin and other currencies alike making crypto worthless, you won’t be able to get a penny back from these dedicated cards. If you are confident in the success of cryptocurrency however, and are willing to take the risk, these cards are an excellent option. Different Types of Mining Though this article has primarily been focused on graphics card mining, there are other types of mining. Cloud mining and ASIC mining are just two examples. I will also be talking about the difference between mining in pools and solo mining here. • GPU and ASIC Mining GPUs while less powerful than ASICs give you the option to choose what coin to mine, as ASICs will only allow you to mine on a single algorithm. GPUs can swap different algorithms any time they like, and can also be resold to gamers, unlike ASICs which can only be sold to fellow miners. • Solo and Pool Mining While you will still be using your GPUs or ASICs, you have the choice to choose between mining in a pool, or by yourself, hence “solo” mining. Pool mining is where you join with a group of other miners and every miner contributes to mining blocks. The difference between this and solo mining is that your payouts are more consistent. Solo mining is hard, especially if you are running a small rig because you will most likely not find a block for a very long time unless you get very lucky. You can use the Coin Warz calculator to estimate how long it will take you to mine a block by yourself. Another benefit of pool mining is that it’s more consistent. You will get your payments consistently, unlike solo mining where it may take a very long time to get your payout. I recommend the Ethermine.org and Nanopool.org pools, each have a large list of crypto-pools to choose from. You can also check if your rig is online here, as well as how much crypto you have mined. • Cloud Mining Cloud mining is definitely the easiest way to start mining, as you can purchase a mining contract whenever you like. You do not need to setup a rig or even have an internet connection, the company which hosts the miners will do this all for you. You’re only required to pay monthly for the hashing power, however these contracts can turn out to be quite unprofitable, as contracts tend to last for 24 months, and with the networks increasing difficulty you may start losing money every month. Another negative is that you will not be able to sell the rigs, and will not be able to cancel the contracts. However if you do decide to start cloud mining, one of the largest companies for this is. Is another cloud mining company which unlike Genesis does not lock you into a contract and allows you to cancel any time you want, making this an excellent option. Nice Hash also allows you to sell your hashing power for Bitcoins, so you can set your own mining rig to mine on the Nice Hash servers and earn Bitcoins. However, this can turn out to be less profitable than mining an altcoin by yourself. You can use this code: MRT1YF on Genesis Mining for a 3% discount on any purchase! How Should You Store Your Coins? My personal recommendation is to keep full control of your wallets and not in the exchanges since exchanges can be hacked and you run the risk of losing your coins forever. You should also keep your coins in an offline storage for maximum security. A useful multi-wallet application which I recommend is the You can store many different types of coins here including popular ones such as Bitcoin and Ethereum. This wallet also gives you full control of your private keys in case you want to move your wallet out of Jaxx. The Jaxx wallet also has mobile apps which allows you to take your cryptos with you anywhere. The is another useful multi-wallet, however it is a hardware wallet, so you will have to spend an extra portion of your budget on this. Though it does payoff with it’s increased security. Mining Communities Mining can often be a quite strenuous process that is not error free. So if you are setting up your own miner, it can be useful to interact with some communities in order to get proper guidance. One of my favorite communities is Reddit, and although Reddit has a vast array of sub-communities, or subreddits, there are some for mining. Such as: • • • Here you can ask the community questions about your mining setup, and about any issues you may be having. Though r/EtherMining is focused on mining Ethereum, they will be happy to help you with general mining questions. The Ethereum Stack Exchange community is another useful one where you can find out about graphics card hashrates as well as ask questions. You can also ask about general Ethereum questions here. Recommended Coins To Mine. I recommend mining the most profitable coin for you. So, if you’re using AMD GPUs then Monero and Ethereum are the most profitable option for you. If you’re using NVidia, ZCash and Ethereum are the most profitable. It’s your choice to choose which of these two coins to mine, and I recommend mining whichever one you think has the brightest future, as what you mine today may be worth $10 now, but $100 in a few months. You can always trade your mined currency for a different coin if you believe that is a better option. You can use services like for the quickest cryptocurrency swaps, or you can trade on sites such as Bittrex so you don’t have to pay as high of a fee. My Advice To Newbie Miners My single most important piece of advice to miners is to make sure you have a near 100% uptime, because if your miner shuts down while you at school, work, overnight, or while you’re on holiday you will lose out on gaining a large portion of your profits. One of the easiest ways to secure your stability is to have safe overclocks, and by testing your rigs. Instability can often be caused by too high of an overclock, or by faulty risers. I also highly recommend the EthOS is an operating system specifically made for mining Ethereum and other cryptos alike, such as ZCash, Monero, and many more. The OS is extremely stable and if your rig crashes, the OS will boot up and start mining straight away. The OS also supports up to 16 AMD or NVidia graphics card, which is a huge step up from Windows, which supports a maximum of 8. Start out small. I don’t recommend starting out by buying hundreds of graphics cards and miners, especially if you have no previous experience with mining. If you start out small you can easily upgrade in the future by either adding rigs to your farm, or by adding graphics cards to your rigs. It’s also never too late to start mining. New cryptocurrencies are created everyday, so in the future, if the top currency’s difficulty is too high, you can always choose a different currency. But if it does come to the point where you can’t mine enough currency to pay back your power bill, you can always sell your rig and make most your money back that way. However, my single most important piece of advice is to have fun, and to not panic when you have issues, setting up a mining rig and managing it can be very fun, and also very stressful when it’s not working. If you are having problems you should definitely contact the communities I listed above, as someone else is bound to have had the same issues as you and can help you out. Final Summary • There are many pros and cons of mining and investing, make sure you choose the best option for you. • It’s very easy to make a lot of money off of mining, but it’s also easy to lose everything if you don’t take the necessary precautions. • Be wary of the networks increasing difficulty. Even though you may make $10 one day, the next day you may make $9, so you should always be open minded about mining different coins when the time comes. • Choose the right graphics card for your budget and depending on the coin you want to mine. • If you need help, don’t hesitate to ask the community. • Keep your coins safe. If you lose them you could take a big loss. WARNING: DO NOT mine with laptops, laptops ARE NOT made to run at 100% load for prolonged periods of time. If you decide to mine on your laptop you can damage your laptop due to overheating, potentially causing your laptop to break and to cease functioning. Follow Us On Social Media • • • • Subscribe to our. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. Best x11 pool - La forge ronronneMine britcoin The cheapest bitcoin cloud mining contract on the market costs 0.99 USD per GH/s at OxBTC. Google Books ResultMiner rigs - Castello di Santa Severa mm&g mining & engineering services (pty) ltd Terrahash bitcoin calculator cloud mining explained what is mining bitcoins. Results 1 - 48 of 681 - It is bitcoin mining money calculator fully integrated back into peace negotiations bitcoin mining calculator gh/s. Calculator ⇅ 0 Bitcoin Bitcoin earning trciks, bitcoins price, promos, coupouns, free bitcoins, mining, cloud mining, wallet, crypto currency Apr 15, 2017 DaxxCoin Presentation free. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. When Bitcoin started it was made so any average person could mine it on their home computer. Currently difficuly is too high but still there are many coins which can be only mined on CPU/GPU or that are at least still worth it. Lets have a look on whats the best now. So ZEC and its forks ZCL ZEN are the best. Ethereum on second place. Worth noting that ETH soon will go into PoS mode so mining this might be historical soon. This guys in their auto app choose XMR for now for GPU and in CPU. Whats cool in latest app version is that you can withdrawal coins mined right from the app, dont need to get on website at all (need to register first ). Their app auto chooses what to mine and currently its XMR algo. Interestingly it says SUMO is the top coin for payment, then we have XMR (which SUMO is fork of) and then. Possibly people mine SUMO today for payments on those. Summary If you are very lazy go for since they are on iMAC,Linux and Windows. If you are little less lazy and want better profits mine directly ZEC or use but windows only or you have to point your miners ot them directly. In CPU XMR Monero wins, no doubt in this. Follow, Resteem and VOTE UP creator of blog for 0day cryptocurrency news and tips! Some of the lesser-known coins do have much lower system requirements. Like Evergreencoin (EGC) which uses a hybrid POW and POS system. One won't make big money from mining like with the popular coins (provided that you discover blocks often enough). And you'd need to also own and stake these coins. But it does provide some reward for those who help support the coin by running a node on their laptop/desktop. By the way, I'm running EGC and Navcoin nodes on a humble 10-year-old Dell laptop. While using it for browsing and word-processing. Every so often, my laptop would successfully discover a block and I'd get a small reward. Find out what your expected BTC and USD return is depending on your hash rate, power consumption and electricity cost. Find out if it's profitable to mine Bitcoin. Do you think you've got what it takes to join the tough world of cryptocurrency mining?Missing. Dec 18, 2017 - original Bitcoin faucet; Bitcoin mining market crash; free games to win Bitcoin; Bitcoin mining kalkulator; what is Bitcoin mining worth it; Bitcoin mining. Get Bitcoin hack; microelectronics technology corporation acquires Bitcoin cyber currency digital mining company; Bitcoin mining calculator nicehash; free. Records 1 - 25 of 305 - Convert Example: You have a cloud mining rate of 2 MH/s and want to know how much kH/s this hash power equals. Between GBMiners and Gainbitcoin, which is a cloud mining operation that is clearly cloud mining mac Oct 22, 2016 HashFlare SHA-256 cloud mining testing. Io/ Thank you!Jul 18. But it's being involved and contributing to a coin and its community that's my main objective here. 2017-07-28 22:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 13 sent 2017-07-26 12:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 11 sent 2017-07-22 17:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 29 sent 2017-07-19 00:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 239.99 sent 2017-07-07 10:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 12 sent. It's my almost 1.5yr old pc with a GTX 1070. That's the only gpu I have right now. I build that pc for around $900 USD for my college work and VR development on Unity3D. But started mining just a week back using nicehash, I'm also thinking of adding another gpu (GTX 1080 TI maybe) soon. If you are starting out for mining from scratch I would suggest to stay away from AMD gpus coz they cost same as nvidia ones but use more electric power to run. In comparison my 1070 uses 150W for the same or even better performance than RX480 that uses 250W. Use the nicehash profitability calculator () to estimate your daily earnings. Have fun mining:). Gone are the days when you could mine bitcoin on your laptop, I just missed it joining the scene the end of 2013 and thinking I could mine some Litecoin which was a failure. I quickly found out that there were many other coins and how the mining process worked, this led to me discovering that if you get in early enough on newly launched coins you can make some profit. Miningrigrentals for me was and is the easiest site to rent hash rate from, I found as an occasional miner it works out cheaper just to rent some hash as and when required, I tried to use Nicehash which can work out cheaper but is too time consuming, with Miningrigrentals you pay for the time and hash in one go and that's it done. Recently it seems that a lot of the newly created coins are now tokens and released on platforms like ETH, this will have an effect on miners and companies like Nicehash and Miningrigrentals, it also floods the scene with a lot of useless coins as it is easier to create a token then to create a coin. Hopefully we can get back to solid coin creation with new algos. I see you do some affiliate marketing:) Its good you have created your own redirection URLS. Something i learned over the years was the sponsors always go down. Good to be able to just redirect that traffic to whoever is paying. I am wondering what you think about this new site i invested into: I must say i am a bit biased. As i was half way through designing this exact same system. So if it does what they say it will. I think its a winner. What do you think - having more experience than myself in crypto. Do you think its a ponzi. Or would you invest? FYI i put $150 in last night, pulled out $8 as a test this morning. ROI is 12 days. My thoughts are to invest what your willing to lose. Pull out your inintial investment ASAP and then earn for as long as possible on the rest. Would be keen to hear your opinion:). Thanks for this. I started on MinerGate with my computer and a little while later with my phone. Believe it or not, my two year old LG is keeping pace with my computer. I am mining Monero and FCN on both. I think I need a new computer though this one is only 6 months old. Or my phone is a boss. One of the two. I hope it was an affiliate link of yours that I clicked. I was so excited I forgot to come back and upvote. Done now and resteemed! Thanks again. I think Monero is in for some good things coming up. I am sorry to reply in this post but please, I have discovered a big big problem/abuse in Steemit by one of the major accounts which I am trying to bring to light and I am worried that my post is getting buried and disappear. I have done some research and discovered many innocent and honest people being hurt unfairly by the Steemcleaners account. Please have a look at my post at I have no way of bringing this to light without the help of some high profile people like you. I hope you are willing to help. Thanks in advance. Mining is a speculative endeavor. You are banking on an investment making returns. You use current and expected future prices to determine an expected gross value and you use mining difficulty and likely of successfully mining a block to determine expected costs. Together these provide expected profit, if you're interested in mining look at calculators for this. The problem is that all of these variables change and are related. If price goes up, more people mine, and the mining difficulty goes up and you are less likely to be the person who wins the block. That means that if people want to win, they need to mine smarter. So they don't use cpus, they use gpus and Asics. These are more powerful than cpus per dollar and therefore win on average. For bitcoin or litecoin, you're not going to make money without multiple Asics. For ethereum and everything else that doesn't have asics, you're not going to make money without multiple gpus. And even if you do everything right, you may never make enough to recoup your investment on hardware. So if you want to mine with a CPU you need to mine something nobody else thinks is worth mining, and be right. Which you probably won't be. You would be better off investing your money that you would spend on power and electricity in currency you believe will go up in value. BiblePay (BBP) is a new CPU only charity cryptocurrency: 10% of mined coins go to Charity, the project is already funding 175+ Orphans monthly! BiblePay is a fork of DASH (governance model) with ASIC Resistance (CPU Only mining) like Vertcoin Masternodes (Sanctuaries) are going live this December 2017, by owning one you become a part owner and can vote on the direction of the project! Launch Thread: Reddit: Love one another, be a good Samaritan, help those in distress (orphans & widows), and spread the gospel. |
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March 2018
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