A mining rig is a computer system used for mining cryptocurrencies. A mining rig might be a specialised computer that does no other work than to mine crypto e. There are essentially three kinds of hardware you can use for mining cryptocurrency;. How long would it take you to break even? I had to get help from a study carried out by statista.
Mining cryptocurrencies such as Ethereum is a GPU-intensive activity. After electric power, the GPUs, also called Graphics Processing Unit are the most important component of your mining setup. To be rewarded, you need a proof of work. Your hash rate can be drastically increased by using multiple GPUs in a rig. Unfortunately GPUs are power-hungry devices. A single GPU can consume up to W. They also produce a lot of heat in the process. Its capacity has to be enough for the energy requirements of the GPUs.
Hive OS on the other hand, is the most popular system for managing and monitoring workers. With this increased hashrate, you could mine more cryptocurrencies, in less time. Fancy having a website? Read this article before you decide. Our Design Agency. September 13, Chukwudi Favour. Categories: Crypto. Table of Contents hide. What is Hive OS? Mining Rig.
This Ethereum miner app enables you to check mining status with ease. Awesome Miner is an easy-to-use Ethereum mining application, which allows you to quickly monitor the trading of Ethereum and many other cryptocurrencies. It is one of the best Ethereum miners that provides customized triggers and actions. This Ethereum mining tool allows you to mine without investing in expensive hardware. IQ Mining is a mining platform that allows you to combine cloud mining with daily payments for forex margin trading, options, and cryptocurrencies like Ethereum or Bitcoin.
It gives an opportunity to multiply your potential income from crypto mining. Hashshiny is an Ethereum mining software that allows you to find profitable pools with ease. It also provides a real-time mining hash rate within the application. StormGain is an Ethereum mining application that enables you to mine digital currencies without any hassle.
It provides a user-friendly dashboard for viewing assets rising and falling. Ethermine is an easy-to-use crypto mining software that provides real time statistics. This Ethereum mining program also provides accurate mining information.
Genesis Mining is mining software that offers cryptocurrency mining functionality. This software provides a variety of mining-related solutions to large and small-scale investors. Hive OS is an Ethereum mining platform that enables you to efficiently set up, mine, and control the mining processes.
This mining software also helps you monitor your trading from a single dashboard. Mining Pool Hub is a mining application that allows you to easily mine the digital coin you want to get. It helps you to start mining in less time. MultiMiner is a mining tool that helps you monitor, configure, and control any MultiMiner rig available on the network. Mining Ethereum means more than just increasing the volume of Ether in circulation.
It also means securing the Ethereum network while creating, verifying, and ad blocking the blockchain. Compared to mining Bitcoin , Ethereum mining does take lots of electricity and computational power. The difficulty level adjusts itself automatically to produce one block after every 12 seconds. Ethereum Mining software are specialized tools that use the computing power of your system in order to mine cryptocurrencies.
In exchange for mining operations, you can receive a monetary reward in the form of digital currency. Click here to learn Blockchain technology. Ethereum mining is a process in which the latest Ether coins are entered into circulation. By using Ethereum mining, you can earn money without investing. It takes around 10 minutes with the ideal equipment and computing power to mine one Ethereum, no matter how many miners are operational.
However, it also depends on other factors, like mining equipment used, computational power, and competition. Skip to content Ethereum Mining software are specialized applications that use the computing power of your system in order to mine cryptocurrency.
Report a Bug.
Before we do any actual tweaks, we should enable Persistence Mode to ensure our changes stay active even after we close any applications that might be using our card. The nvidia-smi utility allows you to control multiple GPUs with its -i option. One of the tweaks we have access to is the ability to change power limits for our card.
This is also controlled via nvidia-smi command line tool. On this initial query, I can see that the default power limit for my card is watts and that the maximum I can set it to is watts. More power should mean better performance, Right? I performed a benchmark at each power level my card supports, with a 5w increment between them. After a bit of reading around on forums — This is because the mining application is providing a compute workload to the card, rather than something more graphical in nature.
To view what our current Application Clock is set to, we can take a look using nvidia-smi once again, and looking for Application Clocks and Default Application Clocks. This output is also useful in that it shows what our current maximum clock speeds can be set to. Armed with these values, I can proceed to change my Application Clocks to allow the GPU to clock higher when performing compute workloads.
This higher performance state is known as P0 Performance State. The final stages of tweaking are whats known as overclocking. You might be able to get a more stable overclock, or have to use lower values — It entirely depends on your own hardware. Once you know a stable number, increase it in smaller increments until you start having issues.
My card took a stable overclock at MHz. For the sake of being thorough, you can also apply an offset to Memory. The comments above still apply here with finding a stable value. In my case, an offset of 1,MHz was stable, although this actually seemed to result in a frequency change of only MHz which is half of 1, In my testing however, a Memory overclock had negligible impact on my results, but your mileage may vary so its still worth giving it a shot…. Once you know a good value for both of these, we can now look at adjusting the Application Clocks mentioned earlier to accommodate the new clock speeds for compute workloads.
Then the recent drama of the Bitcoin split has caused even more attention to Ethereum as an alternative. If you are unfamiliar with other Blockchain or Ethereum check out the following articles:. I thought it would be interesting to see what it takes to mine Ethereum.
Ethereum is another crypto currency, similar to bitcoin. Before starting if you are unfamiliar with either cryptocurrencies in general or ethereum consider reading the articles below. My post is not meant to be an overview of either, but rather how I got mining Ethereum going on Ubuntu. Currently there does not appear to be any Ethereum packages in the Ubuntu archive.
Both the PPA and package can be installed via the following:. Once installed the next step is to get a wallet address. You can create this by using geth , which is a go-lang based ethereum command line interface. Geth will ask you to create a passphrase, which you must use and not forget.
I choose to go with ethminer because I found it was well documented, had GPU support, and seemed simple, and easy to setup. You can choose to mine solo or with a pool. I did not want to get geth setup to act as a node, so I instead choose to mine in a pool. Therefore, before mining we need to find a node to determine where to push our store. I found the ethermine.
Finally, it was time to get mining! I got ethminer setup with the instructions found on ethermine. After a short time, my miner page on ethermine. The most obvious thing to try next is getting CUDA setup on this system and run using the --cuda option.
There are plenty of guides on forums and sites stating how to increase your rates to the absolute maximum either through overclocking or changing settings of the miner it self. Playing with the other miners would also be interesting to see if there was a performance difference with any of them or easier setup and config.
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