Best tools for ethereum mining

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Ethereum block appears every 14 seconds. The reward is received by those participants who managed to find a unique value of the hash function. After completing the task, the discovered block is saved in the Ethereum blockchain. The amount of computation required to discover a block is enormous, so most of the participants join up into mining pools to work together. You can also mine solo, but in order to receive income at solo mining you need to have at least GPUs.

Nowadays, Ethereum mining is very profitable. Any suitable graphics card provides a significant amount, even if you have expensive electricity. You can easily estimate the profitability and hashrate of your video card when mining Ethereum and other cryptocurrencies in the mining calculator or look at the Table of the best video cards for mining. A mining computer doesn't have to be powerful. But you need to pay special attention to two components - the video card and the power supply.

The most important thing in Ethereum mining is choosing the right GPU. The main criterion is the amount of video memory. The minimum is 6 GB. It's because of a growing DAG file. What is a DAG file? This is a specially formed file that is loaded into the memory of the video card.

Therefore it is better to have memory with a margin. Now the size of the DAG file is 4. Some more space in the memory of the video card is occupied by Windows. Therefore, it is not recommended to take cards with 5 gigabytes of video memory - they will turn off soon. The second criterion is performance or hash rate. It shows how many cryptographic operations the card makes per second.

This parameter can be found in the table of the best GPUs for mining. It can be bypassed, but it will require additional configuration steps. Moreover, they consume quite a lot of energy. Pay special attention to the PSU. You should not save on it, even if only one video card is involved in the Ethereum mining. Any modern CPU will do. The processor power does not matter for Ethereum mining. Any with support for multiple GPUs. If there are not enough PCI-e ports, the cards can be connected through risers.

Mining is done using a special application - a miner. There are several of them and each has its own features. For example, some miners only work on Nvidia cards and some only on AMD cards. In addition, they often give different profits. All the most popular miners are already built into Kryptex. In addition, the hardware bencmark system selects the optimal miner for each of GPUs. To find the most profitable miner, you need to download, configure and run them all. It can be quite difficult to do it manually.

Kryptex does it all automatically. Choosing a mining pool is not an easy task. It is worth mentioning that Ethminer stems from the cpp-ethereum project. Miners are supposed to fork out a one percent dev fee which is rather reasonable. The client has low system requirements, which makes it accessible for all types of miners. This software is constantly updated every two weeks or so. Its UI is super-simple even for those who never had any cryptocurrency mining experience.

However, there is also a huge downside — Wineth is only compatible with Ethereum Classic. In May , MinerGate , one of the best-known multi-currency mining clients, announced its support for Ethereum. The main advantage of this specific client is that it suits both amateur and professional miners.

It is capable of showing an impressive hashing output because of its new code architecture. The support of multiple languages and a huge user base are also among the main reasons why you should consider choosing this client. CGMiner is yet another miner on the list that requires programming skills. The thing is, the source code that you download from Github has to be compiled alternatively, you can already download compiled versions that are available on the web.

Just like MinerGate, it functions as a mining pool software but it is also compatible with most types of mining hardware. The good thing about this software client is that you are not obliged to limit yourself to one single mining device.

Parity has a rather tainted reputation because of a major security breach that resulted in millions of Ether being stolen. The client is written in the bleeding-edge Rust programming language. Notably, it is integrated right into the Parity browser. It works with both Windows 10 and macOS.

Awesome Miner is a good option if you prioritize centralized mining management. The majority of clients that are featured on that list are mainly suitable for running one mining rig but if you want to run multiple mining engines ASICs, FPGAs, etc.

This client supports up to 25 clients and supports a wide range of coins that are based on popular algorithms. Cybercriminals could get unauthorized access to the cryptocurrency wallets of their victims. As you can see, almost all of these clients are not beginner-friendly. Meanwhile, WinEth is an easy-to-use Windows graphical client.