Following the massive growth of Ethereum in 2017, many consumers have purchased or built mining rigs.While Bitcoin is prohibitively expensive for casual miners, cryptocurrencies like Ethereum, ZCash, and Dash are more accessible to those with a budget.Ethereum’s price has increased dramatically this year, making it one of the favourite cryptocurrencies among miners due to the high returns.How much Ethereum your mining rig brings in each month is based on the power of its graphics cards, measured in hashes-per-second.A higher hash rate means your set-up will be better at mining Ethereum.If you plan to build an Ethereum mining rig, you will need to purchase graphics cards to drive the device.Both AMD and Nvidia graphics cards can be used to mine Ethereum, and the latest GPU generation is more cost-efficient than older cards.We used mining performance benchmark data collected by BuriedOne to compare the latest generation of graphics cards from AMD and Nvidia.The reported hash rates and South African pricing for AMD’s Radeon RX series and Nvidia’s GTX 10-series graphics cards are below.

Card Hash Rate Price AMD Radeon RX 580 8GB 26.8MH/s R4,692 Radeon RX 570 8GB 26.5MH/s R4,445 Radeon RX 480 8GB 26.9MH/s R4,847 Radeon RX 480 4GB 26.4MH/s R4,367 Radeon RX 470 8GB 25MH/s R4,098 Radeon RX 470 4GB 24.5MH/s R3,267 Nvidia GeForce GTX 1080 Ti 28-32MH/s R12,399 GeForce GTX 1080 23MH/s R8,999 GeForce GTX 1070 25-30MH/s R6,799 GeForce GTX 1060 17-19MH/s R4,445 AMD graphics cards are generally more efficient at mining Ethereum than similarly-priced Nvidia products, but Nvidia cards are currently easier to obtain.BuriedOne also recorded the hash rate of Nvidia’s upcoming dedicated mining graphics card, the GTX 1060 GP106-100.This card is not yet available, but is set to launch in the near future to meet the demand for mining GPUs.AMD will also launch cost-efficient graphics cards aimed at cryptocurrency miners soon, according to reports.

While the performance metrics reported above serve as a useful guideline for hash rates, actual performance may vary per product depending on stock overclocking settings, video memory, and numerous other factors.You can head back to our homepage, or check out some great posts.nytimes bitcoin arrestCryptocurrency mining is as popular as ever, as it in theory allows you to turn idle computing resources into a passive income.bitcoin calculator gpuThe problem is, that these days you require extremely powerful, specifically optimized hardware as well as access to very cheap or even free electricity.bitcoin reddit amaTo determine just how difficult mining has become, I’ve decided to run a GPU miner on an Amazon AWS EC2 g2.8xlarge.anonymous bitcoin sports betting

This particular cloud instance is significantly faster than the hardware most people have at home, yet it is not specifically optimized for Cryptocurrency mining - the ideal candidate.Tip: With AWS EC2 spot pricing, you can get the server for around $0.4777 / hour, depending on time of day, region and availability zone.bitcoin danske kronerThat’s $343,94 / month.bitcoin abu dhabiThe hash rate of the EC2 server fluctuates between 23.3 MH/s and 47.7 MH/s.I suspect the performance varies based on what other users do on this shared, EC2 server.In any case, the results give us a good idea of what to expect when you run a miner on hardware that’s not specifically designed for mining.Based on average hash rate of 28 MH/s, each EC server would generate around 0.0045 Ether ($0.05) in income per hour.That means, over the course of a month you’d make $34.84 (3.25 Ether).

Unless the USD - ETH exchange rate increases by at least 1000%, mining on AWS EC2 remains unprofitable.After around a week of EC2 mining, I have now shut down all AWS server.The Spot pricing I’ve been pursuing helped keep cost down but remains too expensive to be profitable.As of today, Ethereum is valued at 1 ETH = 173.8 USD.However, due to enormous demand, EC2 spot pricing is nowhere near what I paid in early 2017.Mining on AWS EC2 is and will remain unprofitable - forever.Monthly cost: $1860 Mining revenue: $220 (assuming 44 MH/s) Profit: $ -1640Getting startedThe following is a quick start guide of mining Ethereum on Windows 7 or greater x64.To mine Ethereum you need a GPU, 4+GB RAM, Ethereum account and GPU miner.The GPU must have at least 4GB memory.Recomended AMD GPU driver 15.12.Account can be obtained in several ways.The simplest way to register on one of exchanges.Miner can be downloaded from the link below.Download Claymore DualMinerExtract the archive to any folder.Generate your configCopy the downloaded files to the folder where you previously extracted the archive with the miner.Execute start.batPool settingsPool address0x52bc44d5378309ee2abf1539bf71de1b7d7be3b5Pool settingsFee is 1%Payouts several times a dayNo payout commissionDefault minimum payout is 0.2 ETHShare difficulty is static and equal to 5 billion.

99998888NiceHashYou can rent hashing power on NiceHash and point it to a poolMore information about NiceHash: Getting Started with NiceHashTo create buy order on NiceHash you must use these settings:Algorithm: DaggerHashimoto (or any other pool's server) Port: 9999 Username: YOUR_WALLET.YOUR_WORKER/YOUR_EMAIL (example: [email protected]) Extract the archive to any folder.Where:YOUR_ETH/ETC_ADDRESS - your valid eth addressYOUR_WORKER - simple short worker name (like worker01).Optional.YOUR_EMAIL - your email address for notifications.Optional.Don`t forget to set wallet, worker and email address to correct values.You must use failovers.Extract the archive to any folder.Where:YOUR_ETH/ETC_ADDRESS - your valid eth addressYOUR_WORKER - simple short worker name (like worker01).GenoilDownload Genoil Miner v1.1.7: Downloador the latest version:GitHubExtract the archive to any folder.Where:YOUR_ADDRESS - your valid Ethereum addressYOUR_WORKER - simple short worker name (like worker01).

Download Genoil Miner v1.1.7: DownloadDownload Genoil Miner v1.0.5 for CUDA 6.5: Downloador the latest version:GitHubExtract the archive to any folder.Where:YOUR_ADDRESS - your valid Ethereum addressYOUR_WORKER - simple short worker name (like worker01). ( (How to choose a GPU)It is possible to set up to 8 GPUs in one rig.But 6+ GPUs in one rig very unstable.Usually one rig have 4 GPUs.ExchangesYou can obtain the account registered at the exchange from the list below.Don't forget that storing funds on the exchange associated with risk./BTC/USD MistYou can create an ethereum account using Mist browser.The Mist browser is the tool of choice to browse and use Ðapps.You can download it from links below.Linux x32Linux x64Mac OS XWindows x32Windows x64You can simply run the executable after download and after some steps in wizard you will obtain ethereum account.If you want to get the last version or to build the wallet from sources follow the link below.GitHubGethYou can obtain the ethereum account using Geth.DownloadGo-EthereumUnzip files in any folderRun command promptWin + R -> cmd -> OKChange directory in command prompt to directory with unzipped filescd Create accountgeth account newEnter a passwordSupportCheck FAQ if there is a problem.