Each submitted share will increase the credit of the miner who submitted the share by the share difficulty.The miner who accumulated the most credits will receive the reward of the next mined block and his credits will be reset to his current credits minus the credits of the runner up miner.Re-setting the credits of the miner who did receive the block reward to 0 was abandoned as it did penalize miners having an above average hashrate.Usually a miner will receive a full block reward as soon as his accumulated credits equal the current block difficulty (+/- pool luck).Uncles are paid on top of the full block rewards!Which means you will receive at least 5 Ether for the block, and if you are lucky up to 3.75 additional Ether for an uncle.The requested URL /~mining/list/index.php?brand=nvidia was not found on this server.Additionally, a 404 Not Found error was encountered while trying to use an ErrorDocument to handle the request.A guide to cryptocurrency mining in general.Description of gear and software.

Focused on Ethereum mining.Disclaimer: The wiki is made for beginners and is made for basic running of a rig and making your first coins.Advanced techniques will be added in time.Calculations and prices are all subject to change and are made as an approximation and guide line for newcomers please be respectful.UPDATE: The wiki is 1 year old but the mining process is the same.You use the same setup and the same miner,same commands and same pools.Only switch the GPUs for the newer ones.(rx 470,480 or 570 580) We are gonna go step by step from creating your first wallet to your first coins in your wallet.To put it simply, coins are made out of blocks and your graphic card is used to "solve equations" which then "mine" the block.This are the basic short-cuts that will get you around the mining community.They will also be used in the Wikia.Obviously to get started you will require a minimum of 500$ might be cheaper if you already own some powerful GPUs because mostly just GPUs are used for mining Ethereum and other coins.

There is also no need for fancy i7s or R7s, all you need is strong GPUs.A nice dry and relatively cold place,cheap electricity, some patience, and passion.As already stated we are gonna go with the most simple options so if you are an already experienced programmer or miner visit our forums for advanced techniques Why do I need a wallet?A wallet like a real life one is used to store the coins you mine.The best and most beginner friendly is the Mist/Ethereum wallet.You can get one here .Dont worry github is an open source website and safe place for all mining and non-mining software and you will encounter it a lot.All you have to do is download the wallet, create a password and you get your personal address.With this address you will revive coins to your wallet its gonna be a big part of your mining operation.The most important part of your mining RIG.What should i use?Again there are many different options and most of them work but i will list a few of the best ones.All prices are based on what I found on the big selling websites.

It might differ but not by a lot so please don't get upset if it turns out more as prices change.Don't forget motherboard,ram,ssd,CPU also need power, when calculating WATTage and PSU power always add an extra 120Watts for these components.ethereum dos attackThis section is all about GPUs it will get long because there is a lot to say.bitcoin ira investmentDisclaimer: Calculations,prices,watts, hashing power is taken from different sites.bitcoins kurs liveObviously you can get more.bitcoin machine dubaiI took the lowest numbers so you wont be disappointed.500 gh s bitcoinThe electricity costs depend obviously on how many GPUs you run and how much power they need.bitcoin how to backup wallet

Running it without undervolting etc. will result in around 6$-10$ of electricity costs per month.Just subtract if from income if you have to pay electricity.ethereum based startups1 ethereum price at the time the table was made: $15.40 These graphic cards are too old now.bitcoin cotizacion bolsaI'm to lazy to update everything.bitcoin thriveThe guide works great and everything is still the same in mining only newer GPUs are used.and the rx 5xx series which is almost the same as the rx 4xx series.Geforce cards at least the ones that are in normal price range are not very good for mining.Radeon cards are the kings of mining and every miner uses Radeon cards.If you have a Geforce cards it's still ok to mine but the hashing power can be 2 times less!So as we can see mining is very profitable but it has to run 24/7 for months.

If that's a difficulty for you maybe don't invest in mining.BUT HOW MANY CARDS CAN I USE?The most common cheap RIG is 4x280x.The richer guys will get 6x 390x.You can have 1 card, you can have 2 cards, 3 cards 4 cards what ever you like just make sure you have enough space on your mobo but we covered that already.What do we have by now?On the picture you see a common RIG frame.You can make on at home, order one or you dont even need one.The frame is very handy to install your GPUs and Mobo.For the assembly try to find some basic computer tutorials its just plugging in cards and cables no rocket science.The next step is getting power from PSU to GPUs Questions about power supply come up every day but it is actually totally simple.What ever PSU you buy wont have enough PINS ( cables to connect psu to Gpu) to connect all GPUs if you have 2 or more.Your next step is to buy Ribbon raisers or Molex connectors or direct usb power supply from PSU to graphic card ( not all PSUs got that).Great tutorial check it.

This must have explained all your questions about setting up your mining rig.Our mining rig is standing in the corner just waiting to run 24/7 sweat at 60 degrees all day everyday.So lets give him that pleasure.To pool or not to pool biggest question!Most people say that pool mining and solo mining doesn't differ and after a period of time the gains are the same.Nobody really knows and there still is a lot of discussion.But what we know is that if you are under 300 Mh/s its better to mine in a pool because then you are a part of an big community with similar Hashing power and you get part of the blocks.Lets just say we are gonna pool because if you run a rig greater than 300Mh/s you probably aren't even reading this.What pool should i use?First of all i'm not associated with any pools to get that straight out of the way.I'm just gonna link you a few pools that ar ein best names by the community.Ethermine, huge pool over 2,5k workers Stable and good working pool There are also etherrocks,dwarfpool,coinpool lets just say there are a lot of pools but the two i linked are the ones proven to pay out what you mine.

How does a pool actually work?Do i get a lot less coins because i'm a small fish in a big pool?You are paid what your hashing power is.When the pool finds a block all the workers work on it and send their share of work.And you are paid for each share you send.How many shares you send depends on how much Hashing power you have and has nothing to do if somebody has 100 times more than you.What software should i use?The most common miners are Best mining drivers for all your ATI cards are 15.12 (Crimson).I wont go into detail of how to set up the miners because each page i linked has its own tutorials on how to do it.NO YOU DONT HAVE TO BE A PROGRAMMER TO UNDERSTAND IT.ITS SIMPLE .BAT FILE COMMANDS(COPY PASTE).How to make your own .bat file Open your basic Notepad.I assume you are gonna use Claymores miner because as i already explained Radeons are the kings of mining and the miner is the most efficient.Now all you have to do is copy paste this into the Notepad and change your address.