All feedback is appreciated :) in my opinion the point of ASICs is to generate enough of an advantage over regular GPU to cover the high price. This file is a data block of considerable size that is loaded into the GPU memory during miner launch. 1060 3GB is expected to stop mining these two coins in June, 2020 and April, 2027 respectively. This is something to consider when purchasing an ASIC, especially if the only two chains you are willing to mine are ETH and ETC. I don't have a qualified opinion on that. Yes, an ASIC gives you a lot of hashing power, but it costs a lot. Purpose of mining ETH. ASIC Mining – This involves using special devices ASICs (ASICs – Application-Specific Integrated Circuits) to carry out crypto mining operations. Sadly, at the current exchange rates, a mining rig with 8 GTX 1080 Ti graphics cards brings only $2.00, but that’s not the main problem. Ethereum classic often features as one of the most profitable coins to mine. I'm pretty new to mining but financials is kind part of my DNA. Recently I heard that the mining algorithm for ETC is changing so can i mine the ETC after this change ? What is the exact meaning of "manoeuvring" when said by ATC in reference to traffic? Follow asked Sep 14 '20 at 21:46. Ethereum Classic Hard Fork to Change Cryptocurrency Mining Algorithm. Card – MSI GeForce GTX 1063 Gaming X 3GB with Samsung memory; Linux – Kernel: v4.10.17, Driver: 396.54, Xserver-xorg: v1:7.7+7. A block is attached to the ETH blockchain every 14-16 seconds. Over the past week many people in chats and forums were actively asking about errors that occur during ETH/ETC mining with GTX 1060 3GB. Find the best GPU brands and optimal configurations for the fastest Ethereum hash rates. Without DAG (Directed Acyclic Graph), miners can’t search for block solutions in Ethash-based cryptocurrency networks. If this is 'worth it' for you is up to you, but this should help you make a decision. What is the logic behind the Jews' reasoning which led them to conclude that Jesus was "making himself God" in John 10:22-39? Is it good to buy an ASIC Miner in Nov. 2020 for ETH and ETC mining ? Our mining pool supports 21 cryptocurrencies in both PPLNS and SOLO modes. Consequently, both cryptos consume large … $49,053.00-4.38%. Cryptocurrency Mining Profitability Results The following list of cryptocurrencies are being compared to Bitcoin mining to determine if a cryptocurrency is more profitable to mine than mining Bitcoin. It still has some memory left, but it’s used for other processes as well. Asking for help, clarification, or responding to other answers. Object material that is completely transparent, but occludes other objects, Creating the Yin Yang symbol with minimal code. $2.26 +17.55%. With all of the hype and FUD going around right now, I thought I'd share the mining model I've been using. It’s really hard to give a direct estimation here since each person will have different electricity costs, shipping costs (for the miner) and cooling conditions (miners need to be kept cool). twitter.com/OhGodAGirl/status/1304187541038354432, Podcast 339: Where design meets development at Stack Overflow, Using Kubernetes to rethink your system architecture and ease technical debt, Testing three-vote close and reopen on 13 network sites, The future of Community Promotion, Open Source, and Hot Network Questions Ads, 2021 Moderator Election Q&A - Question Collection. Welcome to MinerGate Smart Mining Cryptocurrency Pools! (You can just search for 'mining calculator' online.) Mining pools. 2Miners Pool Experiment. Bitcoin Gold is also compatible. Movie about man who is teleported to Mars? $584.57-4.55%. This information turned out to be inaccurate. Update: I forgot to address your question of profitability. Callisto, Metaverse, MOAC, Pirl, Expanse, Akroma and others are also based on Ethash algorithm. At the end of August ,we chose the most profitable coins to mine with Nvidia GeForce GTX 1070, 1080 and 1080 Ti. Mining Profitability Calculator Depending on the speed of your hardware it may take some time. If you are simply looking for quick profit, ASIC may not be the best option. Ethereum Mining Profitability Calculator in 2021. As far as I've understood, it's much less profitable to use ASICs in Eth than, for example, in Btc. Miners place the DAG file in memory differently, so VRAM consumption is also different. Ethereum utilizes the ethash mining algorithm rather than the SHA-256 algorithm found in Bitcoin’s mining process. $1,239.70-8.64%. 3 1 1 silver badge 2 2 bronze badges. As soon as the system doesn’t have enough VRAM to launch the DAG file, mining stops. Improve this question. What Happened & What To Mine Instead, What To Mine With Nvidia GeForce 1060 3GB. Downloads. Thanks for the comment! Below is a screenshot from the ETC mining calculator. (You'll need to check for ETH and ETC - each one is different.) It’s impossible to predict the exact date and time for it, because Ethereum blocks may be from 10 to 60 seconds apart. There are various Ethereum ASICs around but I haven't seen much evidence that it would be beneficial enough. site design / logo © 2021 Stack Exchange Inc; user contributions licensed under cc by-sa. Most bank customers trust their services because they are known to keep an accurate record of all transactions to prevent fraudulent activity. Apart from Metaverse, Ethereum and Ethereum Classic also made it to the top list. BNBBinance Coin. ETH will transition to a Proof-of-Stake model within (hopefully) the next few years and at that point there is no mining at all. Currently on Hiveon Pool, they say I can get the following: Per 100 MH/s per day: 0.00525 ETH. You will need to know the cost of electricity wherever you're running the ASIC. Although the whole purpose for … If someone can confirm this, I would be much obliged. Doing so will give you a fair representation of what you can expect to make (or lose) in a day, month, … ETH Ethereum. You may want to explore them. Already two of the … Aside from verifying that Ethereum has no plans to change the mining algo, nearly every other piece of information is incorrect - there are Ethash ASICS, they can mine either ETH or ETC, ETC is weighing changing their mining hash, and hash power driving price is at least a consideration, even if dismissed. GPU memory is not important for mining Monero. Ethereum Classic: Bits of the Epoch. There are three different types of Litecoin miners to choose from: CPUs, GPUs and ASICs. Whattomine. So, how profitable is yield farming? Were the Jawas hauling away smoking debris from crashed Podracers in The Phantom Menace? 2. Mining pools for professionals by professionals, Nvidia GTX 1060 3GB Stopped Mining ETH & ETC. In any case ETC's events do not directly affect ETH. Let’s consider the alternative – mining at home. On average, every 5 days the DAG file increases by 10 MB. So, GTX 1070 is the best ethereum mining card we will use in this mining build. In order to determine if mining will be profitable for you or not, you should use a mining calculator. They are, however, a major … You touch on two points that directly relate to this in your other two questions, but I'll answer each one separately. ETH's mining algorithm will not change. This information turned out to be inaccurate. Monitor your Ethereum mining operation At this point you just sit back and let the hardware to do the work. You'll need to know the hashpower of the ASIC too, from here the A10 Pro looks to be 500 MH/s. By clicking “Accept all cookies”, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. The leader is finminer – it can mine Ethereum on GTX 1060 3GB to the last VRAM byte. The forum member tested these miners for memory consumption on GPU4 and got the following results. What quantity to perform CBS extrapolation on for adsorption/binding energies? In most cases, the best options are ethminer and bminer. Ethereum Wallet sync completed and ETH balance went to 0. USDTTether. Ethereum plans on moving to proof-of-stake, which will most likely eliminate mining. There is also ccminer and sgminer, but their performance isn’t great. You may want to start here, OP's ASIC is 2nd on the list: I don't want to be overly critical, but I feel that this answer is largely incorrect - I'm writing this to give the writer a chance to defend themselves. As a result, the cryptocurrency mining lifespan may be less than expected – that is why ETC is already impossible to mine. The node to add the next block to the blockchain receives a reward of around 3.5 ETH. The 2Miners pool co-founder, businessman, miner. You can also use WhatToMine to choose the right coin. Its strengths are profitability and energy savings. The Best Litecoin Mining Hardware. Let’s see what happened and what you can mine instead. If ETC changes the hash in their mining algo, and we assume: then there will be a bunch of 'freed' Ethash hashpower looking for something to mine. Best Liquidity Mining and Yield Farming Platforms. However, the average time is 14 seconds, so it’s easy to give a rough estimate. However, just to get a ballpark estimation, let’s use a standard $0.1/KW electricity rate (which … If you want to mine Ethash-based coins, you should choose coins with a DAG file smaller than 3 GB. Stack Exchange network consists of 176 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. ETCEthereum Classic. ETH miner recommendation in 2021 (Nvidia RTX 2070), QGIS identify tool not working on selected layer. ASICs are the most efficient miners so we’ll start with one of the most popular Litecoin ASICs of all time: the Antminer L3++.. The above answer assumes that you'll have enough time on ETH and/or ETC to make as much as you'd like. Join the Zcash mining pool and mine ZEC on your devices with our dedicated mining software: GUI miner, console & Android mining app. According to the HiveOS forum moderator who did the test, without running a miner, Nvidia GPU0 (rig’s first GPU) absorbs 22 MB of VRAM, while other graphics cards absorb 9 MB each. Too many people have been burnt by exit scams and “hacks.” With the recent announcement that JP Morgan will be providing banking services to the two major US-based cryptocurrency exchanges, Coinbase and Gemini gained a lot of credibility. $0.1833900000-4.81%. $1.00-0.36%. ADACardano. That there are a non-trivial number of Ethash ASICs mining ETC right now, and, ASICs made for ETH will not be able to mine ETC efficiently as a result. It will most likely take some time to pay back. Ethereum Classic Profitability on WhattoMine . (I seem to recall some talk of keeping some proof-of-work shards, but at the least, I wouldn't count on it.) If not then, will the change in ETC mining algorithm affect ETH profitability? $313.10 … VETVeChain. For coins such as Bitcoin the domination of ASICs is obvious, but not so much for Ethereum. Source. They are quite popular because of the huge amounts of crypto they can produce within a short period of time. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. Mining Reward Type: PPS+; Fees: 1.0 %; Bottom Line. DOGEDogecoin. The reason why is that profit will depend on how much you're spending on electricity and other factors. Our ETH mining rig will consist of – Nvidia GTX 1070; Intel Celeron; Corsair DDR4 RAM; EVGA 1000W PSU; MSI PRO Z270 Motherboard; PCIe Risers; Mining Rig Frame. We have updated our pools to support... #etc #eth #soloetc. As a result, he gained lots of practical knowledge and became interested in sharing it with others. 2MINERS.COM. Considering this, mining on the more demanding GPU0 with claymore and phoenixminer may fail to launch. It helps you create different scenarios for rig cost/sizes, EIP-1559/ETH 2.0 effects, and to estimate overall days to breakeven point and 12-month ROI. Why was the Space Shuttle Orbiter's in-orbit time limited? As you can see, the required hashrate in order to breakeven for your mining is … Mining pools for professionals by professionals. The similarity of mining algorithms allows you to switch from ETH to another coin for 1.5 hours. How can i recover my loss? To identify the profitability of your mining rig, you need to provide all the details, after which the WhatToMine service combines all this data and gives you a result. This data is relevant to drivers v396.54 and X-server v1:7.7+7. Direct Mining. Am I perhaps misunderstanding your points? Today Ethereum is at epoch #229, Ethereum Classic is at epoch #237. Changing polygon circles to hexagons using QGIS, Friend's ethical dilemma and fear of retaliation. Monero XMR Grin GRIN Bitcoin BTC Ethereum ETH Litecoin LTC Ethereum Classic ETC Bitcoin Gold BTG Zcash ZEC Block Producer EOS TRON Representative … It only takes a minute to sign up. rev 2021.5.19.39341. GTX 1060 3GB simply stopped mining ETC and will soon be done with Ethereum. The values are too close to 3 GB, that’s why GTX 1060 has issues with mining. We recommend mining on 2Miners. Connect and share knowledge within a single location that is structured and easy to search. Basically this means that using an ASIC should not be beneficial enough to warrant the high cost of ASICs. Ethereum Stack Exchange is a question and answer site for users of Ethereum, the decentralized application platform and smart contract enabled blockchain. The phase of the roadmap that is supposed to transition mainnet to proof-of-stake is Phase 1.5, and is currently slated for a 2021 release, though this may be optimistic. In his articles on 2Miners, he shares useful tips that he tried and tested himself. One of the best places you can look at to get an idea of the mining profitability of various coins is whattomine. For example, Darek gives advice on how to buy hardware components for the basic mining rig and how to connect them to each other correctly. EOSEOS. So, yes, there may be ASICs for Ethereum but the point of ASICs is to dominate the scene, not to simply provide similar results compared to simply buying GPUs. As The Renaissance corrected me, ETC has plans to maybe change its algorithm. Short story about a man stranded on a strange planet testing a new ray gun who falls back to bow and arrow, Simplest Way to Effect a Horizontal Shift of the Output in a Verse Environment. Our goal is to provide information on how to achieve … We compare the best AMD graphics cards for mining Ethereum (ETH) & Ethereum Classic (ETC). Current DAG file size for these two cryptocurrencies are 2.79 GB and 2.85 GB, respectively. Although I probably still disagree with you. Share. Making statements based on opinion; back them up with references or personal experience. Mining Pools; Blog; Innosilicon A10 for Ethereum Mining: Specs, Profitability and Setup Guide. Blockchains, however, work in slightly different ways. How to check if a photo is edited (even basic edits like exposure and white balance)? In 2017 started mining cryptocurrencies and built many rigs on his own. The above pools for Ethereum mining have been verified by many users. Übrigens kannst du mit dem Mining Calculator auch die Profitabilität des Krypto-Mining für Coins wie ETH, ETC, XMR, ZEC, DASH und LTC berechnen. $101.17-5%. Will the ETH mining algorithm also change? PC Power Cable. In order to determine if mining will be profitable … If they do, it would be a question if increased hashpower drives price. Thanks for contributing an answer to Ethereum Stack Exchange! According to several DAG file size calculators, GTX 1060 3GB will stop mining Ethereum on April 24, 2019 and ETC on March 17, 2019. A quick look at the ASIC specs looks like it should be able to turn a profit. $1.52 +7.52%. They both use the same mining algorithm currently. Every 30 thousand blocks, the DAG file size increases – this is called an epoch change. Genesis Mining vs. If not then, will the change in ETC mining algorithm affect ETH profitability? Feedback the cheat and fraud of etc eth on twitter. This isn't everything, though: you still need to buy the ASIC. Best Coin to Mine for the Long Term (That’s Still Profitable Today) While Zcoin is the best coin to mine for profit today (though it might have potential in the long term if you consider its performance in 2017), the best coin to mine with a focus on the long term is Ethereum (ETH).. Ethereum started a movement by popularizing the idea of Blockchain 2.0, or using smart …
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