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How do i know where i mined ethereum reddit

how do i know where i mined ethereum reddit

is ethereum defi useless worthless reddit,decentraland prediction why don't you tell me what you've found on Destiny Enterprises? r/EtherMining: Discussion of mining the cryptocurrency Ethereum. Ask questions or receive news about about mining, hardware, software . I'm mainly just curious to see what the software will look like as it happens. It's novel and kind of exciting to me. BOAT BTC

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How do i know where i mined ethereum reddit 0 15 bitcoins mining


Warning: Do not invest in mining rigs The Ethereum network is scheduled to switch to a different incentive model called Proof-of-Stake at some point in or Meaning after the switch to PoS model this coin will no longer be mineable. So investments in new mining equipment such as GPU mining rigs or ASIC machines are not recommended at this point as they are unlikely to prove gainful. Even existing Ethereum miners only have limited time available to earn the return on their investment.

Also with constant intensive mining GPUs tend to depreciate so even if you wish to resale; their costs can only be partially recouped. The following guide is only for those that already have access to unused GPU and want to get in to Ethereum mining. Like for example you can use your gaming or production computer while not in use for mining to make some extra bucks. Especially if you are living in regions with low electricity prices. So using your existing hardware you can keep on mining ETH until the proof of work mining becomes obsolete.

After that you can only stake ETH. Is Ethereum mining still profitable? Those days are gone when ETHs value was in single and double digits. Clearly the winners are people who got into Ethereum back in and Both the miners and investors who took part in the ICO. About two thirds of all Ethereum in existence today was part of premine that went to early investors before mining was even possible.

Early adopters and miners who started early mining and HODLed all the way through have made the big gains. If you are getting into mining now then forget about making big gains. The peak profitability of Ethereum mining days are gone. If you think that the price will go up then you can directly invest in Ethereum rather than building a mining farm especially with the upcoming PoS model. It is hard even to get back the return on investment and remember that there is only limited time available for mining ETH.

Mining Ethereum Most Ethereum mining guides online specifies that you need to setup Mist, install Geth, download the whole Ethereum blockchain and connect your node to the network to mine Ethereum. All these things are not necessary. Hardware requirements? But what kind of GPU matters the most. This is very important. The choice of GPU is crucial for mining.

In order to mine profitably you need the right hardware that produces maximum hashrate while consuming minimum electricity. If you have latest gen RTX 30xx cards then its good. To estimate how many Ethereum you can mine in a day we suggest you to use whattomine.

Then adjust electricity costs according to your area and click calculate to find out how profitable it is to mine Ethereum. Whattomine only displays the list of profitable GPUs. So if your GPU is not on the list then we do not advise mining. We hope you got your GPUs ready.

Next is OS. But Windows is the most beginner friendly OS and most home computers operate on the Windows platform. Source: pelajarpatimura. Source: paten32g. Click here to go to the claymore miner download page. Source: thebitcoinnews.

Source: whosellsthecheapestlittledrums. The merge, ethereum classic becomes the largest proof of work smart contract platform and inherits many of the miners that previously mined ethereum. Source: orangedan Ask questions or receive news about about mining, hardware, software. Source: schematicdiagram Based on the software and hardware that ethereum miners use, there are various types of ethereum mining: See also How To Mine Cryptocurrency Book Source: pelajarpatimura.

Still, ether solo mining is an exciting thing. Source: reditu. Best ethereum mining app for android.

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