Do you want to mine Ethereum?Using an efficient Ethereum mining hardware will significantly reduce your electricity bills and cut down your costs.This article will help you learn more about the best Ethereum mining hardware.Table of ContentsWhat is a GPU Ethereum Miner?How can you find the best GPU and rig?Most efficient GPUs on saleRadeon R9 295X2Radeon R9 HD 7990Radeon RX 480Radeon RX 470Just Want Ethereum?Note: Before you get hardware make your you have Ethereum mining software, an Ether mining pool, and an Ethereum hardware wallet for secure storage of Ether.If you just want Ether then just buy Ethereum.Mining has a lot of setup costs and some technical knowledge is required.In order to mine Ethereum, you will need specialized hardware known as graphics processing unit (GPU).Ethereum’s developers originally intended for it to be mined on computer CPUs but miners later discovered that GPUs gave them more hashing power.So, in the most simplest of terms: a GPU is a specialized Ethereum mining computer.Some GPUs have a higher hash rate than others, while some use more electric power as well.In choosing the most efficient GPU the most important thing is striking a balance between how powerful you want your rig to be and how much you are willing to spend on the GPU itself and the electricity.Many of these costs will vary by country.

Is it cheap to buy GPUs in your country?Since most GPUs are sold on Amazon and eBay, if you live in a country where those retailers ship to then you will likely have an easier time getting the GPUs.Also, what is the cost of electricity in your country?Electricity costs are the deciding factor for most miners.As we have seen with Bitcoin mining, miners in China, Iceland, and other places with cheap electricity have a huge advantage!Now that you understand the factors that make GPU rigs good, here is a list and brief description of the most efficient GPUs on sale.Note that the power costs per day numbers used below were based on the global average cost of electricity and the price of Ether on September 16, 2016.For more accurate estimates, use an Ethereum mining calculator and plug in your own numbers.The Radeon R9 295X2 has by far the highest hash rate (46.0 MH/s) of the Ethereum GPUs on the market and will cost you $600.It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04.

This gives a return per year of $586.43.A Radeon R9 HD 7990 will cost you $680.Its power cost per day is lower than the R9 295X2 at $1.08 but its hash rate is significantly lower at 36 MH/s.lite coin risingIts return per day is $1.29 while its cost per MH/s is $18.89, giving it a return per year of $469.40.The Radeon RX 480 is most arguably the most economical in terms of cost and saving electricity.bitcoin nvidia or atiIts power cost per day is significantly lower than the two that I have mentioned at $0.4320.bitcoin usb hubIts hash rate is 25.0 MH/s, meaning its cost per MH/s is $7.96.sell litecoin to paypalThis gives a return per day of $1.21 and therefore a return per year of $440.91.jak zakupic bitcoin

Radeon RX 480 will cost you $199.A Radeon RX 470 has a modest hash rate of 24.0MH/s.Its power cost per day is exactly the same as the Radeon RX 480 at $0.4320.Its cost per MH/s is $9.13, giving it a return per day of $1.15 and a return per year of $418.16.litecoin affiliateRadeon RX 470 will cost you $219.Now that you know the best Ethereum mining hardware, get a secure wallet for your Ether.If you don’t want to mine you can always just buy some Ether online.If you just want ether, mining is NOT the best way to obtain them.Buying ether is the EASIEST and FASTEST way to purchase.Get $10 worth of free ether when you buy $100 or more at Coinbase.best litecoin equipment“One word, a question: Ethereum,” said the guy at my swim club on Sunday.bitcoin volatility 2014

“What do you think?It’s a ten-bagger since January.” Meaning that the value of the cryptocurrency has multiplied by ten in the four months since January 16.It’s actually more than a “ten-bagger.” At the end of 2015, it was worth $0.90.litecoin gbp rateAs I’m writing this, it’s worth $91.30.Those who bought it at the end of 2015 had a ten-bagger on their hands by January 16, 2017.Those who bought at that time also have ten bagger on their hands.Those that rode it all the way up over the 16 months have a 100-bagger.For percentage fans, that’s a gain of 10,000%.Here is the chart of this financial miracle (via WorldCoinIndex): d of insane instability.But it really doesn’t matter what it is as long as it is going up.By “market capitalization,” ethereum is now the second largest cryptocurrency at $8.4 billion.The largest one is bitcoin with a “market cap” of nearly $30 billion.It’s the granddaddy of the cryptocurrencies.

The value of a single bitcoin, at $1,789 on Sunday, is 46% higher than the value of one troy ounce of gold.In mid-May 2015, bitcoin was at $240.Over the two years since, it has soared 645% (via WorldCoinIndex): Number three in line, in terms of “market cap,” is Ripple, which now trades for $0.215.There are a lot of them, and all of them combined are valued at $7.3 billion.It’s up from $0.006 at the end of February 2017.So in the 11 weeks since, it has soared by 3,542%.Or to use my friend’s term, it’s a 35-bagger in 11 weeks.This is its ludicrous chart (via WorldCoinIndex): It’s not some kind of bad joke.This is being played with real money.That it will inflict maximum pain on the latecomers – whenever this happens – is now perfectly clear.There are over 830 “alt-coins,” as the alternatives to bitcoin are called, out there, with new ones being added constantly.The “market cap” of all these cryptocurrencies combined, according to the Financial Times, has pierced the $50 billion mark.

So this starting to involve serious money.But there are a couple of issues with this miraculous scenario, according to the FT: An increase in initial coin offerings (ICOs) – unregulated issuances of crypto coins where investors can raise money in bitcoin or other crypto currencies – is fuelling the market and drawing attention from lawyers and financial professionals.Many fear ICOs, which are trying to market themselves as an alternative to venture capitalists as a way of raising cash for businesses, breach existing securities law.“An ICO issues crypto tokens rather than stocks and bonds, but that’s irrelevant to the substance of the activity, which is raising capital from the general public,” said Ajit Tripathi, a director in fintech at PwC.“Capital raising activities need to be regulated to protect investors . . . The question is how sophisticated are these investors?” Many of these investors may not be “sophisticated.” But others appear to be highly sophisticated, now that the sums involved have gotten big enough for them.

The FT: Observers say many individuals are trading alt-coins from corporate IT departments, concentrated in the financial sector and falling under the radar of senior executives.Many are sitting on virtual fortunes, but are unable to liquidate their cash as banks clamp down on measures to avoid money laundering.“Systems are being used here by employees to increase their own individual wealth.In the process, corporate systems are coming into contact with the fringes of the criminal world,” Brian Lord, former deputy director for intelligence and cyber operations at the UK’s electronic espionage agency GCHQ and now head of cyber practice at security group PGI, told the FT.Big sophisticated traders – including hedge funds and others – are in this trade, not because it might make some real economic sense, but because, as the charts above show, these things can be pushed up quickly with enough money involved.And if enough new people can be drawn in due to the ballooning hype, then the big boys can get out, once they figure out how to deal with the banks’ concerns about money laundering.