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Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 38. (Read 9855 times)

newbie
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The tools that you pick up today might be obsolete next year, and some mining pools might fall away while others emerge, so it’s worth keeping aware of industry shifts. Smiley
newbie
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Keep in mind, though, the mining world is a whirlwind of change.
newbie
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Mining pools will have some sort of a signup process on the website so that miners can connect to the pool and begin mining.
newbie
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So with this mining pool: One point to keep in mind is that mining pools have different payout structures.
newbie
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Each pool might not be around forever, and the computational power of each pool is constantly changing, so there are a number of factors that go into deciding which to join. Cool Smiley
newbie
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There are many factors involved in joining a mining pool. Grin
newbie
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Then, they split the profits proportional to how much power each miner contributed.
newbie
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That’s why miners ‘pool’ together their computational power into ‘mining pools’, to improve their chances of solving the cryptographic puzzles and earning ether.
newbie
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 Shocked As a miner, you’re unlikely to be able to mine ether on your own. Tongue Shocked
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For more detailed instructions on any of the above, visit the official ethereum website. Tongue Roll Eyes
newbie
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Once installed, your node will officially play a part in securing the ethereum network.  Wink Smiley
newbie
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Find the download for your appropriate version of Windows here, or GPU mining instructions for other operation systems here.
newbie
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Now that you’ve downloaded a client and your node is a part of the network, you can download Ethminer. Cheesy
newbie
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If you’re interested in mining ‘real’ ether, you need to install mining software. Cheesy
newbie
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But, minting fake ether obviously isn’t going to be very lucrative. Wink
newbie
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Mining on a test network doesn’t require any fancy hardware, just a home computer with geth or another client installed.  Grin
newbie
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We have to take in consideration that it’s also possible to mine ‘test’ ether on your own private network to experiment with smart contracts or decentralized applications. Grin
newbie
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In addition to mining ether, it provides an interface for deploying your own smart contracts and sending transactions using the command line.
newbie
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Once installed, your node can ‘talk’ to other nodes, connecting it to the ethereum network.   Smiley
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