Last updated July 13, 2017 Do you want to mine Ethereum? Using an efficient Ethereum mining hardware will significantly reduce your electricity bills and cut down your costs. This article will help you learn more about the best Ethereum mining hardware. Note: Before you get hardware make sure you have, an, and an like the for secure storage of Ether. If you just want Ether then just.

Mining has a lot of setup costs and some technical knowledge is required. What is a GPU Ethereum Miner?

In order to mine Ethereum, you will need specialized hardware known as (GPU). Ethereum’s developers originally intended for it to be mined on computer CPUs but miners later discovered that GPUs gave them more hashing power. So, in the most simplest of terms: a GPU is a specialized Ethereum mining computer. How can you find the best GPU and rig? Some GPUs have a higher hash rate than others, while some use more electric power as well. In choosing the most efficient GPU the most important thing is striking a balance between how powerful you want your rig to be and how much you are willing to spend on the GPU itself and the electricity. Many of these costs will vary by country.

Ethereum Community Forum. New faster ETH miner out with Dual mining support. Also whats good about this miner is that if one GPU crashes the rest still mine. Dec 10, 2017 Ethereum Asic Miner - Ethereum Eth hashflare Mining link: Special Code 10%.

Is it cheap to buy GPUs in your country? Since most GPUs are sold on Amazon and eBay, if you live in a country where those retailers ship to then you will likely have an easier time getting the GPUs. Also, what is the cost of electricity in your country? Electricity costs are the deciding factor for most miners. As we have seen with, miners in China, Iceland, and other places with cheap electricity have a huge advantage!

2016 Fastest Speed Scrypt Asic Litecoin Miner Ethereum Miner 120mh/s Eth Mining Machine, Find Complete Details about 2016 Fastest Speed Scrypt Asic Litecoin Miner. Want to buy mining bitcoin hardware or ethereum mining graphics cards or GPU's? Use our tables and rankings to find the best product. Ethereum (ETH) Ethereum. Welcome to Asic Miner Market. AM230 Ethereum Miner 230MH/s Zcash Miner 1600H/s Can for all GPU Coin. ASIC miners, fastest coin miners, GPU miners.

Most efficient GPUs on sale • • • • • • • Now that you understand the factors that make GPU rigs good, here is a list and brief description of the most efficient GPUs on sale. Note that the power costs per day numbers used below were based on the global average cost of electricity and the price of on September 16, 2016. For more accurate estimates, use an. Radeon R9 295X2 The has by far the highest hash rate (46.0 MH/s) of the on the market and will cost you $600. It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04. This gives a return per year of $586.43. Radeon R9 HD 7990 A will cost you $680.

Its power cost per day is lower than the R9 295X2 at $1.08 but its hash rate is significantly lower at 36 MH/s. Its return per day is $1.29 while its cost per MH/s is $18.89, giving it a return per year of $469.40. Radeon RX 480 The is most arguably the most economical in terms of cost and saving electricity. Its power cost per day is significantly lower than the two that I have mentioned at $0.4320. Its hash rate is 25.0 MH/s, meaning its cost per MH/s is $7.96.

This gives a return per day of $1.21 and therefore a return per year of $440.91. Radeon RX 480 will cost you $199. Radeon RX 470 A has a modest hash rate of 24.0MH/s.

Its power cost per day is exactly the same as the Radeon RX 480 at $0.4320. Its cost per MH/s is $9.13, giving it a return per day of $1.15 and a return per year of $418.16.

Radeon RX 470 will cost you $219. Now that you know the best Ethereum mining hardware,.

If you don’t want to mine you can always just.

According to: The current intent at Ethereum is to use a mining algorithm where miners are required to fetch random data from the state, compute some randomly selected transactions from the last N blocks in the blockchain, and return the hash of the result. This has two important benefits. First, Ethereum contracts can include any kind of computation, so an Ethereum ASIC would essentially be an ASIC for general computation - ie. A better CPU. Second, mining requires access to the entire blockchain, forcing miners to store the entire blockchain and at least be capable of verifying every transaction. [.] one notably interesting feature of this algorithm is that it allows anyone to 'poison the well', by introducing a large number of contracts into the blockchain specifically designed to stymie certain ASICs. So basically, an ASIC should not have any benefit at all because it's just general computation.

And to top it off, contracts can be released that are specifically ASIC-hard so there would be an active disincentive to using ASICs. Though I'm not sure if that has ever been done or not in the wild.

How Many Hashes To Mine A Dash DASH 2018 more. Another interesting thing that doesn't seem pointed out in the white paper is that the memory has to be FAST. Excessively fast. So standard DRAM isn't really up to the challenge, which is why the RAM on GPUs take the brunt of the work in most mining today.