Hello,
I thought I would dabble in some Ethereum mining. I have 2 R9 390 so I am not really out anything. I was wondering if Levelonetechs had a pool set up or a preferred pool people like working in?
1 Like
not too sure about that... maybe ask the mods?
I am using nanopool with a single Fury X, not too sure about the preferred pool for other people.
if you have not already taken a look at the Claymore Dual Miner & Ethereum/altcoin guide written by @Castellorizon
In this thread I'm going to explain the hows and whys of mining alt coins for yourself.
[image]
Mining right now ^
The rise of alt coins happened after bitcoins were taken over by hardware that was made to only mine bitcoins, they did it a lot more effectively than GPUs so the average person couldn't really mine bitcoins anymore. Altcoins like Ethereum were often made to be hard to design dedicated mining hardware for so the average person could mine undisturbed by big corps, Ethereum does this by being heavily memory based (hence the high vram requirement). which doesn't lend itself well to scaling.
Terms used. Alt coin = any other cryptocoin than bitcoin. Wallet = place that you store your coins Miner = software that does computational work for the coin's network which you get coins from doing Hashrate = How much computational work is being done, (Different coins cannot be compared hashrate wise) Pool = People that collaborate with mining, acting like one big network to increase the odds of getting coins, alternative is solo mining which is a bit like playing lottery. Blockchain = A database on all the transactions and other information that has occured for a given coin
Suggested software list.
https://www.hwinfo.com/ <-- great program for monitoring your system, GPU power draw, temps and so on. https://bitcointalk.org/index.php?topic=1433925.0 <--- Official thread to claymore's Dual miner. Supports AMD and Nvidia https://github.com/ethereum/mist/releases <-- Recommended local wallet for ethereum. http://sia.tech/apps/ <-- recommended local wallet for SIA Coin.
https://poloniex.com/ <-- suggested site for trading different cryptocoins. https://whattomine.com/coins <-- Easy to use calculators to compare profits between different coins, hardware costs, power consumption and so on. https://nanopool.org/ nice collection of pools for different coins.
First thing one ought to do is to get the wallets for wha…
do take a look, the guide is explains everything. The setup is also pretty easy as well. If you have any questions, feel free to post in the guide thread or create a new topic necessary
1 Like
I am in Nanopool as well Bed. I haven't made it to a pay out yet though.
On ethermine myself. Almost at the minimum payout limit. I currently have 0.0102 ETH.
Nanopool here at 0.134 eth. Gettin' close to payout time.
Either of you other nanopooler's attempt to set the minimum? I keep getting the "incorrect password" even though I meet all of the qualifications.
.2 on ETH is going to take awhile.
Nanopool here with a single Fury. At .01...
1 Like
i use nanopool for ease of use. at .04 eth and little over 300 Sia. i have an unlocked r9 290 total mining time around 48 hrs.
You are at .048 in 48hours on a R9 290? What is your hash rate?
roughly 23 million hashes a second.
tkoham
July 30, 2017, 8:34pm
12
Claymore takes a cut; I have no idea why it’s the preferred miner.
@Ironone 390’s look more profitable on equihash Than DagHash right now. Maybe look at putting them on a zcash pool.
1 Like
Hi Timosha, it seems like you have just registered to promote this wallet. Is that correct ?
And how is this wallet not a scam because it looks like one ?
3 Likes
wolfleben
Closed
November 30, 2017, 4:03pm
15
Thread has been necroed. Thread is locked.