Ethereum Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote down vote favorite 2 Currently I'm using 1 r9 380 card with 20 MH.I've only been mining for 3 days straight (72hours).I used the Mining Calculators from Etherscan and Cryptocompare.While these sites calculate it will take me approximately 1 month to solve a block for 5 Ether on this single card, with the exponential rate of difficulty increasing is it futile to mine solo?Should I just jump into the adult swim (mining pool) for at minimum some payout in finney?Or should I expect some finney payout in my 20 mh solo mining efforts at least once a week if not daily?Basically I'll never see a single amount in my wallet , not even a penny ('finney') because the pools collectively out pace a 20 mh card (or even a 45mh rate for that matter if I added crossfire).To answer my question please also include the 'reward' process for solo mining.

These calculators are not descriptive enough and I have yet to find a Q&A to this delimma.mining mining-pools gpu reward solo-mining up vote 8 down vote short answer too, that will take the exact opposite stance as @nicolas-massart ;) in the long run you'll be always better off mining solo, ever because you get uncles and pay no fees pool mining reduces your variance, period.this reddit post is quite interesting, it's basically @vitalik-buterin asking as to why people mine in pools.It's not true for all pools but most of them don't pay you uncles : that substracts to your gains.It's almost true for all pools, there is a fee that substracts to your gains too up vote 4 down vote Short answer : don't try to solo mine with less than 100MH/s[1].You will almost never get reward as, during the time you will spend mining, the difficulty raise will lower your luck of mining a block so much that you will finally never mine one.[1]: note this value gets higher as the time passes.

Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.Browse other questions tagged mining mining-pools gpu reward solo-mining or ask your own question.The Internet's largest Dark Web marketplace AlphaBay announced upcoming support for Ethereum, the cryptocurrency that recently is giving Bitcoin a running for today's most popular digital currency."Following the popularity of the new altcoin Ethereum and the recent price hike showing a growing interest, Alphabay has made the decision to start accepting Ethereum for marketplace listing purchases," wrote AlphaBay's admin in a forum post on Saturday, March 18."We are currently laying out the framework to make ETH acceptance possible, and we will enable Ethereum deposits and withdrawals starting May 1st, 2017," he added.Confirmation also came via Reddit, here./bII0TYA98M — Catalin Cimpanu (@campuscodi) March 18, 2017 This will be AlphaBay's third supported cryptocurrency, after the service launched with Bitcoin support, and then added Monero in August 2016.

Back in August, a week after AlphaBay added Monero support, the cryptocurrency's value rose dramatically.Before that, Monero replaced Bitcoin as the cryptocurrency of choice, used in most malware families with cryptocurrency-mining features.bitcoin bear etfThis time around, AlphaBay's decision to support Ethereum came after the cryptocurrency reached its all-time high price last week.bitcoin market graph usdEthereum price rose from around $15 on March 8 to $45 on March 17.bitcoin forecast june 2014On the same day, Ethereum overall trading beat Bitcoin overall trading by over $40 million.litecoin hash rate historyEthereum's recent popularity spike comes after the cryptocurrency implemented zkSNARKs (zero-knowledge proofs) [1, 2] a technology for anonymizing transactions, also shipped with Zcash.ethereum tutorial 2017

Nevertheless, some users on Reddit criticized AlphaBay's decision to add Ethereum support, saying the cryptocurrency doesn't live up to the anonymity standards set up by Monero.AlphaBay users, who engage in the trading of illegal products such as drugs, weapons, malware, and other, will surely benefit from Ethereum's addition to the marketplace.miley cyrus bitcoinFollowing AlphaBay's announcement, Ethereum trading received another spike, the currency returning to $45 per unit trading value the following day.Ethereum is currently being traded at $42.A post on reddit has bee published today that introduces Classic Ethereum (CETH) – another Ethereum (ETH) for that is apparently in the making at the moment.Just like Ethereum Classic (ETC) the new Classic Ethereum (CETH) fork will follow the original Ethereum blockchain until the controversial block 1920000 where it will fork with a small signature change to make replay attacks impossible.

We are going to see how this will affect things and if it may make them even worse than they are at the moment or instead will help.The current Ethereum situation where ETC is causing more issues than helping driven by the greed for making money from “free coins” and hurting different members of the crypto ecosystem with the use and misuse of replay attacks.We are going to be following the development of the situation with new fork Classic Ethereum (CETH)… – To check out the official introduction of the new Classic Ethereum (CETH) fork posted on reddit…Ethereum, a public blockchain platform which boasts its smart contract technology, represents a decentralized virtual machine executing peer-to-peer contracts with its native digital cryptocurrency Ether (ETH).But, just how decentralized with it?A quick analysis of the network demonstrates that the phenomenon which has terrified bitcoiners for so long has taken hold on the Ethereum network.Bitcoin is not the only blockchain encumbered by mining centralization.

The Ethereum miners have consolidated in a more dramatic fashion.While many cryptocurrencies used Scrypt, Vitalik Buterin believed Scrypt was not memory hard enough to use for the alt.So, Ethereum launched Dagger, “a prototype proof of work that is even more memory-hard than Scrypt, as well as prototype proof-of-state algorithms such as Slasher that get around the issue of mining entirely.” In 2014, Buterin the plan to ensure Ethereum mining was the most secure option:  “We intend to host a contest, similar to the contests that determined the standards for AES and SHA3, where we invite research groups from universities around the world to devise the best possible commodity-hardware-friendly possible mining algorithm.” Regardless of any efforts to ensure Ethereum remains decentralized, it appears the network is very centralized; much more so, even, than the Bitcoin network, which has been worried about miner consolidation in China.The largest Ethereum miner, DwarfPool, allegedly to assuage concerns that they controlled the Ethereum network, since 47.9% of the network’s hashrate is distributed there.

The poster did not see a problem with the situation: “Technically it’s not a problem because DwarfPool has 4 powerful nodes and it’s easy to setup additional (no needs because servers not loaded even with 40% of hashrate).For external network it looks like 4 decentralized nodes.And 99% miners use proxy with auto fail-over function.” The alt.currency network has very monied and powerful partners in the form of R3 CEV, IBM, Microsoft and many others.Many seem confident in Ethereum’s current development and road map.Bitcoin has endured similar miner centralization issues.In the summer of 2014, Ghash.io, a Bitcoin miner, held 51% of the mining power before its percentage tumbled amid price volatility.Initially proposed by Vitalik Buterin in late 2013, Ethereum’s genesis block was released on July 30, 2015.As you can see from the chart above, Bitcoin has experienced a bit of miner centralization, especially from interests in China thanks in part due to less expensive energy and hardware, but nothing like what Ethereum has experienced in its less than one year.