Go to Chapter 11 to see why some people prefer nanopool. Most easy way to create an ethereum wallet and keep it safe is to use the exchange sites like Bitfinex or Bittrex. They will offer you high security and you can use the Two Factor Authentication which makes it very secure. For big amounts I would recommend to use offline wallets like Trezor Bitcoin Wallet. This gives a possibility to utilize the GPU core for mining some other coins in the same time as you mine ethereum without affecting its hashrate.
The part before the -dwal is the same as for the solo ethereum mining described above. The -dwal has the same representation as -ewal, it just is the mining pool of the dual coin. I would recommend to mine ONLY Decred as a dual coin, because it has the highest efficiency of all of them. For RX 5xx cards the best way would be to go with Decred.
I use the Supernova decred mining pool. You need to create an account there, and the account name will serve you as a decred mining pool address. You can create a decred wallet at Bittrex. I convert my mined decred to ethereum at a bittrex exchange site, and store my value like that. That means that the dual coin is set to mine intensively , and it shows how much GPU core is assigned for that task. The memory used for ethereum mining is almost the same on those cards, so there is basically no difference in the ethereum hashrate, but the big difference comes in the GPU Core.
For RX series the optimal -dcri is around For some cards even lower as 13, this needs to be tested by yourself. The proper way would be to start with -dcri By going up you will see the dual coin hash rate going up, repeat that until you can start to see the ethereum hashrate decrease, then, after you find that spot reduce -dcri by 3, so you are not pushing the GPU to the limit. Optimal for RX is around -dcri 19 , optimal for RX series is around -dcri I will explain it through the following picture:.
The optimal value would be 60C. You can check this during the mining in Claymore, by seeing how much the current fan speed is in percentage. We will have 1 profile per GPU on your mining rig. First make a new. Now after that open the overclock. Overclock Script for OverdriveNtool. This will make a batch script that will run the OverdriveNtool. In other overclocking tools you will only see the last one, in this case Mhz. As you noticed there are 8 of them P0,P1….
First, we will need to set P7 clock rate and its voltage. Some RX can even work at around mhz without losing any, or very low hashrate reduction on ethereum and that will reduce the power draw drastically. Some RX need mhz to have the optimum hashrate, but most of them work best at mhz. In general never go above mhz because it will start to use much more power, and you can will that with your Wattmeter.
The best way for you is to test your hashrate with those values described and see what effect it has for your GPU to run it at mhz, mhz, mhz with mV voltage in all cases. There is just one proper way of doing it without risking any problems. We will need to disable P0 and P1 by double clicking on them. First we will need to test the first mining GPU only, not all at once:.
Overclocked and Undervolted Template. As you can see in the picture, you will need to have values set exactly like that. Each GPU is unique and requires individual testing to optimize it properly. Download a tool called HWinfo Ater that, you will have something as in the image below:. Now after you found the optimal value for your GPU you can do the following:. The rig can work with a bunch of memory errors but that can cause:.
So that you can have a clear picture of what your GPU should look like:. Now try to restart your PC, it should overclock and start mining automatically. There are many ways of managing your rigs and a lot of software to do that. I like the most simple one and that works great for me. Thank You! Motherboard What motherboard to get? Common motherboard problems? That is an error on your motherboard, and you have to disable the Integrated GPU to make the rig work, and that is not a good option.
And it will for sure cause problems. How to setup your motherboard? Other PC parts? If you already have so expensive components, the worst thing would be to save money on your PSU. The power draw of each PC part is the same, the only thing that changes is the extra power the PSU needs to power your rig in our example our PC will always use W but the PSU needs extra to generate that flow. Higher grade certificate is expensive and most of them have years warranty.
Windows 10 Pro Why Windows instead of Linux? Their tools for overclock and undervolt are not working properly. How to setup Windows? This is what makes Graphics cards so efficient at solving complex algorithms necessary for cryptocurrency mining for the same reason they are good at rendering games on your computer screen. GPUs are capable of carrying out relatively straightforward computational duties but doing heaps of them all at the same time. And that my friend is what makes them so suited for mining cryptocurrencies.
Mainly a mining rig can be a regular at-home gaming computer or built custom for the specific purpose of mining. Building a dedicated server is the better route to go for maximum efficiency and profits. You can even build Mining rigs with multiple graphics cards and dedicated GPUs. When appropriately configured, these cards can give you unprecedented performance. There are a few aspects to take into consideration when deciding the best GPU for cryptocurrency mining , but the most critical one is hashrate.
Although it needs to be offered at a price, one can afford so that you have a fighting chance of getting an ROI. Remember, the more electricity a GPU needs, the more costly it is to operate, which can ruin any chances of you making a profit. When it comes to which is better, AMD or Nvidia, there is some debate to be had there. In the end, the best GPU to mine is continuously changing, so be sure to check out our current list of preferred cards to use.
However, this coin was invaded by ASIC miners in , which make competition in finding a block slightly unfair. The good news is that these days, the crypto mining space has a plethora of other Altcoins that one could choose to mine with a GPU. Grin is among the top contenders of best coins to GPU mine with its unique algorithm and unlimited supply. This coin utilizes the Mimble Wimble protocol, which is said to be an equal opportunity for both ASIC and GPU miners while being extremely private by grouping its transactions into a single output.
Additionally, Beam is another great choice as it has similar properties as Grin. The thing that seems to draw miners to Ravencoin is the fact that it open source with alot of development similar to Bitcoin and but with more decentralized characteristics, thus creating a fair opportunity of GPU mining. As stated early on in this guide, it not at all profitable to mine for Bitcoin no more due to its rapidly growing mining difficulty from the fast-paced development of Bitcoin mining hardware.
Without the use of the programs, your computer or rig would be pretty much useless for mining. This allows you to easily control, monitor, and connect your mining rig to a coins mining network or pool so that you can quickly start earning coins. Additionally, there is software these days that can determine which coin would be the most profitable coin to mine at any given time.
To date, there are many ways to go about choosing a program to start earning a profit with some being great, others being bad, and even some in-between. Out of all the ones that we recommend on our list of Bitcoin mining software , one seems to outshine them all. Cudo Miner was recently developed with the intent of making mining a simple plug and play option for gamers and miners in mind.
Although its simple to use, it comes with a boatload of advanced features that even pro miners would be impressed. Overclocking is a way to increase your mining hardware performance, and when it comes to mining, it really helps with increasing profits. Additionally, it can also be the leading cause of mining rig crashes and freezes, so you need to be careful when attempting to perform this action. Mostly what your doing is accessing the hardware BIOS and adjusting its clock settings so that it can calculate more processes per second.
Most manufacturers of hardware will warn you that this will void any warranty they provide. However, applying modest overclock to your GPU can help increase the coins you can mine in a day while lowering overall wattage of GPU to save on electricity cost.
This can also cause you GPU to run cooler is done correctly. The Good news is that if you need help doing this, you can hop in our discord and get some help. Unfortunately, when it comes to how much profit one would make from GPU mining , there is no short easy answer. As a quick rule of thumb, never invest money that you cant afford to lose.
For example, the cost of electricity varies significantly from country to country, and even in the states, it can vary widely. Some of the other factors include the price of the cryptocurrency you choose to mine, which can also vary significantly from month to month. The good news to all this is there are websites that can give you an idea of what you could potentially make before you decide to invest in hardware.
Sites like whattomine have robust mining calculators that can determine many things like what the best coin to mine with a particular GPU and how much profit you can earn daily on your given electric rate and hardware.
Use it as a guide instead and maybe even compare stats against other mining calculator sites like coinwarz to determine the route you want to go. Can you game and mine at the same time? Will mining damage my GPU? Mining with a GPU is relatively safe for the most part. However, their ways in which you can cause damage to the card like using too high of an overclock setting or operating in an environment with high temps. Can I buy used GPU to mine with? For the most part, I have seen numerous reports of miners buying up used GPUs with much success.
I hope you enjoyed what you read here and I look forward to seeing all of you in my discord. The fact is that GPU mining has many opportunities to make a buck, and even if it dont pan out; I can always sell my computer parts to get most of my money back. As always, your feedback is welcome by posting a comment below. I genuinely enjoy hearing from crypto enthusiasts from all around the globe. Happy Mining!
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