Mining software – Most people use the Claymore software for mining Ethash coins. Most miners use MSI afterburner overclocking software and GPU-Z for temperature and power monitoring. It will make your GPU mine better (more hashes per second), mine cooler (lower temperature is always good for the cards), and mine more efficiently (use less power). Temperature monitoring and overclocking software – this software is intended to be used to tweak your GPUs performance. Some of these are GPU specific so I will list only the general ones here and expand later: Mining also requires certain software such as programs and drivers. The capacity needs to be calculated based on the GPUs you choose, we’ll follow up on this one later. If you are building a multiple GPU rig your motherboard needs to have enough PCIe inputs to hold them. A motherboard with enough PCIe inputs, this is a crucial thing to look for in your motherboard.For more than that I recommend getting an 8GB RAM stick. For rigs of less than 6 GPUs, a 4GB RAM is required.While the graphics processor is arguably the most important component in Ethereum mining, your system’s hardware must match certain specifications. This can be done by checking out online stores, offline stores and other secondary market outlets. This made retailers and secondary market sellers increase their prices.Īn important skill for a good miner is being able to hunt for deals where GPUs are moderately priced. Not long ago, GPU-based cryptocurrency mining reached such a popularity level that the two companies producing GPUs (AMD and Nvidia) were no longer able to supply the demand. You can check the current and future status of Ethash coins in here. So, in case you have old 2GB cards at home and you’re new to mining, you can try it out on other coins first. However, that might not be the case for other Ethash-based coins. Since the DAG is stored in the VRAM of the GPU, your GPU must have enough storage to load the DAG in.ĭue to this, you can only mine Ethereum with cards that have at least 4 gigabytes of VRAM. Without going too deep into details, a DAG is a file created every 30,000 Ethereum blocks. One thing to look out for before buying mining HW to mine Ethash is the DAG (Directed Acyclic Graph). Other coins using Ethash will not be affected, so your cards will still be able to function properly mining other Ethash coins. The good news are that this update applies to Ethereum only. This switch will render Ethereum as we know it obsolete. If you’re new to Ethereum mining, there are 3 important things you should know: Ethereum Proof of Stake updateĮthereum developers are planning to switch to Proof Of Stake using an algorithm called Casper. If you want a complete review of the different mining hardware around keep on reading. Finally, it’s important to keep track of Ethereum’s Casper update which might render Ethereum mining obsolete. There are two major GPU manufacturers to choose from: AMD and Nvidia. You can calculate Ehtereum mining profitability with an Ethereum mining calculator. For Ethereum mining to be profitable, you need to have the right gear at the right price. Ethereum Mining Hardware SummaryĮthereum mining is done using the Ethash algorithm which can be utilized using powerful GPUs. This post will cover the best GPUs on the market for mining Ethereum. The article below is kept for historical purposes and will no longer be updated.Įthereum’s Ethash algorithm quickly set itself as one of the go-to GPU mining algorithms on the cryptocurrency market. Two staking alternatives we recommend looking into are CEX.io and Binance. Important update: For our readers who are looking to make a profit with crypto, we recommend looking into Ehtereum staking as an alternative for mining.Įthereum mining is no longer recommended Ethereum is expected to fully move into a PoS algorithm in 2022, which will render mining obsolete. Ethereum Mining Hardware Reviews & Comparison
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