Value 26, Graphic using cards 9. Latest stable version of Bitcoin Core: In the earliest days of Bitcoin cards long before I knew about Bitcoinpeople could mine thousands of Bitcoins with their CPU alone. Primecoin they have to value is take primecoin the means of exchanging them for real currencies, something that can be very easily done. Some highlights this week: One of the replies recommended switching to Graphic because it is more up to date.
Quotient- Closed loop economy enviroment experiment https: One of the key value propositions of any cryptocurrency is decentralization. Another shady thing is that apparently, Windows Defender recognizes it as a virus. The most important would be the powerdraw i think? Kompik on November 28, , Anyway, I have two questions. BanditryAndLoot on November 05, ,
What is GPU Mining? If you can turn Value into value money, then Bitcoins primecoin definition have value. Best Sellers from Black Friday: They would cards to shut down graphic individual miner and server cards is contributing towards the maintenance of the blockchain which is hopelessly impractical graphic impossible. They all take energy to manufacture, it takes more energy to make a penny then primecoin does to mine one.
The GTX isn't immune to recent price increases across Nvidia's lineup; as such it's not going to be easy to find a good deal at the lower end of the performance spectrum.
This week it's a "best of the worst" situation. You might have to be picky when it comes to brand as certain models are being priced in territory at the moment. Both the Vega 56 and 64 are once again hard to come by.
Those that are available are being sold at prices that are difficult to recommend. When availability returns to normal we will bring you the best deals on these cards. It's been a while since we've felt comfortable recommending AMD's top RX series card due to the Summer's mining craze inflating prices and deflating stock.
With prices returning to normal, the RX is once again competitive. We've listed those above already, and with the exception of the budget offering they're all new cards that regularly go out of stock. Here's the real-time pricing for each assuming our pricing engine can find any in stock:. It took a few extra months for it to get where we wanted, but the RX has carved out a niche for itself.
It's not even a close matchup, really—the RX 's best games in our suite are Hitman and Deus Ex, and the Ti is still around 10 percent faster in those cases. Elsewhere, Nvidia's advantage can be huge. Our GTX Ti review and benchmark. The most obvious benefit to mining is to make a profit. GPU mining is a unique type of investment that requires a relatively low up-front investment in time and money to get started.
After that your computer or mining rig will generate a high rate of return without you doing much at all. If you are looking to invest more than a few thousand dollars you are out of luck unless you want to rent or buy a dedicated property for mining, and hire an electrician. Even before that, you may be reluctant to have a monster computer with multiple GPUs generating lots of excess heat and noise in your home.
What this means is that GPU mining can be a great investment up to a certain amount before it loses its appeal. That is if all of the parameters were to stay the same which they won't so it is an extremely rough estimate. So for me at least investing in one card was a no-brainer. In addition to the profit that you can generate from mining, mining also helps contribute to Ethereum or the cryptocurrency that you are mining which I believe is a positive force in the world and worth supporting.
Outside of ETH, a miner could mine Curecoin and help the world by folding proteins, or mine Primecoin and help the world by finding prime numbers. There are also benefits to learning about the technology.
I think that because you can hit a ceiling so fast on the amount that you can invest in mining, it is only worth it if you believe in these less tangible benefits to some extent and you are interested in the technology behind it. On the other hand, if you already have a powerful home PC that you use for gaming or VR, then it is not going to hurt to have it mine at night and while you are at work.
Not all cryptocurrencies can be mined profitably with GPUs. In the earliest days of Bitcoin mining long before I knew about Bitcoin , people could mine thousands of Bitcoins with their CPU alone. At some point, someone wrote a program that allowed miners to mine Bitcoin with their GPUs which allowed them to significantly increase their hash rate. Eventually, lots of other cryptocurrencies were designed that chose to use different hashing algorithms which could not as easily be mined with ASICs.
For example, Ethereum uses a different hashing algorithm that requires lots of memory. In addition miners have to execute smart contract code in order to verify blocks.
Finally, with Ethereum switching to proof of stake soon, it would not make sense to design an ASIC that would work only for the next year or so. With this switch from a proof of work consensus algorithm to a proof of stake algorithm, there is a very small window of profitability left for mining ETH. Once that switch is complete, GPU miners will have to switch to other coins. Fortunately for miners, there are plenty of other coins that can be mined with GPUs.
It is likely that GPU mining will be profitable for at least the next few years. Of course miners will have to upgrade their GPUs every years or so to stay competitive because of the Law of Accelerating Returns. In the long term, I think proof of stake will become the dominant consensus algorithm and more cryptocurrencies will use proof of stake except for the ones where the proof of work algorithm provides some useful result like Primecoin and Curecoin.
This is because proof of stake is more secure and uses less electricity then proof of work. When choosing mining software I wanted to use one of the official Ethereum clients so that I could trust that the software did not contain any hidden malware, and to ensure that it did not charge any fees.
For example, the official cpp client includes this text in their Readme:. The support for GPU mining has been dropped some time ago including the ethminer tool. Try using the fork https: To use Genoil you need download a binary from the releases folder in their repo, not the zip on the releases tab in Github. I tried mining with Genoil and got it running fine, but was not able to find any shares within an hour. While troubleshooting the problem, I found a Github issue that suggested it may be an issue with the latest AMD drivers.
One of the replies recommended switching to Ethminer because it is more up to date. I am still not sure what caused the problem, or if I was just unlucky, but when I tried Ethminer I was able to successfully find shares. Ethminer is a fork of Genoil which seems slightly more active in terms of development. I downloaded the latest version and was able to successfully get it to mine.
I am now comparing my results against Claymore's Miner which is the first miner that I used for a few weeks. I recommend Ethminer because it charges 0 fees, is open source and seems to have one developer who is actively making commits to the project.
Claymore's miner is a bit easier to use, but the shadiness of the app makes me want to use something else. It seems that this is a mining client associated with Nanopool. I was hesitant to use this miner for a number of reasons. Fist, the code is not open source. The Github repo belongs to Nanopool and when you look at their website there is no information about whether a company or individual owns it.
The fact that it is closed source and seemingly developed by a person who does not want to use a real identity is slightly suspicious. Another shady thing is that apparently, Windows Defender recognizes it as a virus.
From the Claymore Readme:. Windows 10 Defender recognizes miner as a virus, some antiviruses do the same. Miner is not a virus, add it to Defender exceptions. I write miners since Most of them are recognized as viruses by some paranoid antiviruses, perhaps because I pack my miners to protect them from disassembling, perhaps because some people include them into their botnets, or perhaps these antiviruses are not good, I don't know.
For these years, a lot of people used my miners and nobody confirmed that my miner stole anything or did something bad. Note that I can guarantee clean binaries only for official links in my posts on this forum bitcointalk. If you downloaded miner from some other link - it really can be a virus. However, my miners are closed-source so I cannot prove that they are not viruses.
If you think that I write viruses instead of good miners - do not use this miner, or at least use it on systems without any valuable data. Despite all these red flags, I decided to use the software at first and accept the risks. Also, the software seems to have an advantage over competitors. It is able to mine two coins at once because different hashing algorithms used by different coins utilize the GPUs in different ways which allow more than one coin to be mined at the same time without hurting the profitability of the other too much.
25 Mar Alden UTC #2. Hi,. I'm new to XPM, and managed to find my way to mine XPM using a GPU miner (which is indeed the most profitable tech till now). mining hash power is measured by chains per day which I believe is called CPD. An R9 Radeon can make up to 15 CPD, the same. 22 Jun One of the key value propositions of any cryptocurrency is decentralization. Bitcoin, Ethereum, and other cryptocurrencies are unique because there is not one organization that verifies transactions. Instead, transactions are verified by a network of miners. GPU mining is the act of verifying cryptocurrency. 10 Dec The era of Bitcoin mining on the GPU is dead. A year ago, a single Radeon graphics card could crank out a reasonable fraction of a Bitcoin in a single day. Today, that same GPU earns a thousandth of a Bitcoin in 24 hours, generating little value while consuming a substantial amount of power. The shift to.