As for the mining algorithm, Ethereum uses a hashing algorithm known as Ethash which is different than Bitcoin’s hashcash. Ethash is incompatible with the special hashing hardware (ASICs) developed for Bitcoin mining. Moreover, it’s a memory-hard algorithm; meaning it’s designed to resist t...
to both software and method of payment. Where NiceHash currently only pays out in BTC (again, not necessarily a bad thing), Ethereum mining pools will pay you in ETH. There are still fees to pay — most mining pools take 1–2% of the total income — but that's less than the 7% di...
The author of the mining software that we’ll be using recommends this step, although I’ve never encountered issues with a smaller pagefile (edit 4/19/17: I tried mining on a machine with only 4GB of physical RAM and got terrible performance until I increased my pagefile to 16GB). Her...
Ethereum GPU mining remains profitable, at least until it shifts to proof of stake some time this year (we hope). But there's more to it than just firing up the software and letting it run in the background, especially if you've managed to procure one of the best graphics cards or ...
The practice of renting out computer power or mining rigs on the cloud and utilizing them for mining operations is referred to as cloud mining. Users may mine in the cloud without installing any mining software on their devices or properly configuring their gear for GPU mining. ...
The new WDDM 2.x driver on Windows 10 uses a different way of addressing the GPU. This is good for a lot of things, but not for ETH mining. For Kepler GPUs: I actually don't know. Please let me know what works best for good old Kepler. ...
They also found that 56 percent of Bitcoin’s “nodes,” the computers around the world running its software (not all of them engage in mining), are located in data centers, versus 28 percent for Ethereum. That might indicate that Bitcoin is more corporatized, Sirer says...
Besides, many people would argue that Ethereum is already more centralized than it should be. As with Bitcoin, only a few groups of miners control most of the network’s mining power. There’s also its continued reliance on Buterin for guidance—though Buterin pushes back ...
Will Ocean Mining and its supporters smother inventiveness once again? On p. 239 he writes about moments after the hard fork successfully occurred: “It felt like the battle had been won at the time, so we opened up the champagne,” Gun said. He’d printed labels for the bottles that ...
The latest version of NBMiner, a software that helps you mine Ethereum, purportedly restores up to 70% of the mining performance of NVIDIA GeForce RTX 30-series GPUs with LHR (lite hash-rate). The latest batches of the company's GeForce RTX 3080, RTX 3070, RTX 3060 Ti, and RTX 3060,...