This guide is going to show you how to build an Ethereum Mining rig yourself which has two main steps - choosing and sourcing your equipment and then putting it together!Depending on times its probably going to take you a week or so to get all the pieces and then another half a day fiddling with configurations etc. Its the same as building your own computer normally but with a few extra considerations that mainly involve which GPU's you pick.If you don't want to buy mining equipment, You can also try buying a cloud mining contract with Hashflare or Genesis Mining.Your going to have to get hold of a fair few components and the costs stack up quite quickly: Another issue you can have with your graphics cards and your motherboard is that they just won't all fit in together nicely because of the spacing on the motherboard between the PCI Express slots.Fear not - you can use a GPU riser that is basically an extension cable for a PCI Express slot.Some graphics cards are really quite bulky so be careful when you are making your selection.

You can get a riser here.Alternatively you can source some of you components from gpuShack, on our second mining rig we are using the MOBO/CPU/RAM/SSD Bundle for 5 GPUs.Remember to use the promo code CRYPTOCOMPARE gets 5% discount off your purchase.As mentioned make sure your power supply unit can handle the Graphics cards and that you have risers capable of placing extra GPU's in a safe location.Make sure all the connections are in nicely and everything is held together firmly.A word on positioning.GPU's can get hot - especially if you overclock them so be sure to get the best bang for your buck - and to be safe to place your rig in a well ventilated area so it doesn't overheat.Once it switches on you need to make sure all the software is there for you to get it mining!The first thing you need to do is install an operating system on your computer.For the more technically minded there is linux Ubuntu but for the majority Windows is probably best as it automates installing drivers for your computer to talk correctly amongst all the components.

The advantage of Ubuntu is it gives you more options and its free!You can donwload EthOs which is a specifically designed APP for Ethereum Mining - you can read more about this here but its a great way of having a bespoke mining system for your rigs and GPU's to manage them!rising bitcoin japanOnce you have installed the operating system there are two ways you can mine: If there are any questions on how to get your rig up and running - or any part of the process - just drop us a line at the bottom of the article - our resident mining guru will help you out.bitcoin matrix scriptYou can also post in our Ether Forum and one of our community should be able to help you out!litecoin instantAlso if we've got something wrong or it can be explained better let us know!bitcoin diy miner

Jeremy Martinez is a modern day coin collector.He collects bitcoin and litecoin and luckycoin and zeitcoin and leafcoin and infinitecoin.Behind his living room television set, Martinez has set up 99 tiny USB devices, and each is equipped with a pair of custom-built computer chips.ethereal download linuxOne chip is designed to mine bitcoin–the world’s most popular digital currency–and the other mines a raft of bitcoin wannabes.bitcoin razorAs these devices perform countless computations that help drive the worldwide internet software that runs these digital currencies, a pair of 6-inch tall, white, USB-powered fans buzz above the rows of mining chips, blowing cool air over the 150-watt system.forbes bitcoin futureIt’s an impressive setup.litecoin jobs

But Martinez doesn’t do this just for kicks.In exchange for all those calculations, he receives some digital currency of his own.Last year, we wrote about the arms race to build customized bitcoin miners — number-crunching machines that process transactions on the bitcoin network and simultaneously compete to solve math puzzles, with the winning computer awarded a bonanza of digital currency.bitcoin jfkOver the past year, the value of a bitcoin has jumped from $100 to $450, and as a result, the bitcoin mining game has become highly professionalized.But bitcoin isn’t the only digital currency headed down this road.Litecoin and other digital currencies are also experiencing an arms race of their own.The DualMiner USB system that Martinez uses is based on chips made by a company called GridSeed, which also sells mining computers based on the chip.But a number of other companies are working to offer new litecoin rigs.Bitcoin rig-makers Innosilicon and KnC Miner say they’ll soon be shipping litecoin rigs of their own, and a Los Angeles, California company called Hash Master has sold about 10,000 mining rigs over the past two months–all based on the GridSeed chip–and is readying new systems based on several new generations of custom chips, says Alon Peleo, the company’s owner.

These systems are designed to process a different algorithm from the one used by bitcoin.It’s called Scrypt, and it also happens to be the same algorithm used by dozens of alternative currencies, including luckycoin, zeitcoin, and dogecoin.“Dogecoin and litecoin are the leaders in Scrypt coin,” says Peleo.As new miners jump onto to the network, however, litecoin payoffs become rarer for folks like Jeremy Martinez.Litcoin mining is now about nine times as difficult as it was back in November.But there’s a bright side.All of this processing power also makes the currency’s network harder to take over.Both litecoin and bitcoin could fall victim to something called the 51 percent attack, which would let an attacker with control of more than half of the network’s processing power do things like send the same digital currency to two different addresses.That’s why litecoin’s creator, Charlie Lee, likes to see the new chips, known as ASICs.“Having ASICs come out to mine litecoin means that it’s really gotten to a point where it’s succeeded,” he says.