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bip bitcoin cryptocurrency счет bitcoin курса ethereum alien bitcoin ethereum получить konvert bitcoin bitcoin protocol Having decided which currency to mine and which pool to work for, it’s time to get started. You need to create an account on the pool’s website, which is just like signing up for any other web service. Once you have an account, you’ll need to create a ‘worker’. You can create multiple workers for each piece of mining hardware you’ll use. The default settings on most pools are for workers to be assigned a number as their name, and ‘x’ as their password, but you can change these to whatever you like.After an initial flurry of interest among merchants in accepting bitcoin in their retail or online stores, interest has largely died down as increasing bitcoin transaction fees and volatile price movements made it less attractive as a means of exchange.machines bitcoin The dichotomy between quantitative easing that central banks around the world are doing, and the quantitative tightening that Bitcoin just experienced with its third halving, makes for a great snapshot of the difference between scarcity or the lack thereof. Dollars, euro, yen, and other fiat currencies are in limitless abundance and their supply is growing quickly, while things like gold and silver and Bitcoin are inherently scarce.There is no master documentethereum gas tether обзор boxbit bitcoin bitcoin теханализ ethereum клиент блоки bitcoin
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Ways to Mine Monero
The most important part of mining is to have the correct Monero mining hardware. Along with the hardware, you also need Monero mining software to help you connect with a Monero mining pool.
Monero mining: a Monero coin on a *****U.
As I mentioned earlier, you don’t need specialized ASICs for mining Monero. It can be done using a *****U or a GPU. But before proceeding, you need to know the two most important factors when selecting your hardware.
You should look for:
High hash rate - You can think of hash rate as the processing power of the hardware.
Low electricity consumption - Electricity is the biggest cost of mining.
I will now describe the three most popular hardware and software options.
Central Processing Unit (*****U) Mining
You can choose to use your current *****U, or you could purchase a new one. If you are planning to buy a new *****U, then AMD Opteron and Intel Xeon *****Us are two that I would recommend.
AMD Opteron 627:
Cost - $50
Hash Rate- 415 H/s
Xeon L5640:
Cost - $150
Hash Rate- 130 H/s
Once you have your desired *****U, you will then need to download Monero mining software. You could consider using XMR-STAK-*****U as it is one of the most popular Monero mining software — you can download it here.
If you are using Windows, then you should download xmr-stak-*****u-win64.zip (shown in the snapshot below). XMR Stak charges a development fee of 2%, unless you can compile the source code yourself.
Monero mining: source code.
If you already have a *****U, then it only takes a few minutes to start mining! Just install the software, join a mining pool, and you’re ready to go.
Mining With an AMD Graphics Processing Unit (GPU)
If you are serious about Monero mining, then using a GPU is a better option. Even though it requires a larger investment, it offers a significantly higher hash rate.
AMD graphics cards are a great option to consider for GPU Monero mining. Consider purchasing an AMD R9 280x or go for the more recent AMD Radeon Rx 580.
AMD R9 280x:
Cost - $140
Hash Rate- 500 H/s
AMD Radeon Rx 580:
Cost - $300 - 400
Hash Rate- 575 H/s
Once you have installed the graphics card into your PC or laptop, follow the same steps as you would if you were *****U mining.
The best Monero mining software when using AMD GPU hardware is also XMR-STAK-AMD. You can download their latest release here.
Monero Mining: Full Guide on How to Mine Monero
After you have installed the software onto your computer, you will need to change the pool settings so that you can join the pool of your choice.
Mining With an Nvidia GPU
Using an Nvidia graphics card is another popular way to mine Monero. There are several models that you can choose from, it all depends on your budget. You should consider using one of the following:
Nvidia GTX 1070:
Cost - $400 - 500
Hash Rate- 505 H/s
Nvidia GTX 1080:
Cost - $550 - 650
Hash Rate- 600 H/s
As far as software is concerned, XMR-STAK-NVIDIA can be used, but CCMiner is considered a better option. You can download the latest CCMiner release here. Make sure you choose the ccminer-x64-2.2.4-cuda9.7z, if you’re using a Windows operating system.
Downloading Monero Mining binaries
These are some of the best methods for mining Monero using a combination of Monero mining hardware and Monero mining software. But, there is one last thing before you start mining — set up your Monero wallet.
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