Basics of Mining Ethereum


SUBMITTED BY: Michaeljl

DATE: Sept. 4, 2017, 7:30 p.m.

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  1. Mining Ether takes up a lot of electricity. On the plus side, though, if mining practices are carried out efficiently more income is generated through the sale of Ether. Ethereum mining calculators are available for calculating profits. So, there’s no need to get worked up since you’ll still get a profit at the end.
  2. Basics of Mining Ethereum
  3. You can use any personal computer to mine Ethereum, provided the system has a Graphic Card (GPU) with at least 2 GB of RAM. Central Processing Unit (CPU) mining is simply an exercise in frustration. It takes an extended period to complete, and the profits are little thanks to the cost. GPUs are your best bet as they are 200 times faster than CPUs when it comes to mining Ether. AMD cards are more efficient than Nvidia cards as well.
  4. Before following the provided steps, outlined below are some essential information you should keep in mind:
  5. Mining Ether takes up a lot of electricity, and you are right in being concerned about this. On the plus side, though, if mining practices are carried out efficiently more income is generated through the sale of Ether. You will need your Ethereum Mining calculators for the process.
  6. Ethereum Mining calculators are available for calculating profits. So, there’s no need to get worked up since you’ll still get a profit at the end.
  7. It is imperative to have a lot of free space on your computer system’s hard drive. About 30 GB should be sufficient for the blockchain and other software.

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