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Topic: Ethereum mining FAQ (Read 499 times)

sr. member
Activity: 588
Merit: 251
August 24, 2016, 09:36:25 AM
#1
I see a lot of the same questions repeated (and often with incorrect answers), so here's a short FAQ that may help:

1) How much money can I make mining eth?
 It depends on your card and your power costs.  As of 2016-08-24, a single AMD R9 380 will make about US$1.50/day, and use 50c/d of power at 10c/kWh.
 http://karldiab.com/EthereumMiningCalculator/
2) Which miner should I use?
 Claymore's and Genoil's are good and work with both Nvidia and AMD GPUs (beginners should try AMD cards).
3) Which pool should I use?
 Miningpoolhub is good since it supports vardiff. Pools with a high static difficulty like nanopool are not recommended for beginners.
4) Should I use getwork or stratum?
 Only use stratum.  If your pool does not support stratum, see question 4.
5) Can I mine with a 2GB card?
 Yes, if you set GPU_SINGLE_ALLOC_PERCENT=100.  The DAG will be larger than 2GB by February 2017.
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