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Let me begin by saying that there are many guides out there and that this one is by no means comprehensive. There are many ways to go about mining Ether and that this is the way I've found works for me. I've spent many hours trying to figure out the easiest way to go about this and many of the guides I read were either inaccurate or just plain didn't work. So I've decided to put together my own guide that should hopefully work for you. This is not a guide on the blockchain or how mining works.
I'm simply giving you the tools to mine and how to set them up properly. If you don't have one, this is definitely a necessity.
There are many ways of getting a wallet the easiest being the Google Chrome app, MetaMask. Some others are Exodus my fav and Mist , the Ethereum Projects own wallet. I would avoid using CoinBase due to their system going down so often recently.
They seem to not handle mass amounts of transactions very well. If you're using the current ones, I have some bad news, you need to roll back. I'm using Ethminer because it was what I could get to work for me. Head to this link and grab the latest release in zip format. It's not the Linux version. Claymore Dual Miner Now, using your favorite compression app mine is 7zip you're going to extract that to a folder, preferably one that is easily recognized.
Your antivirus software will most likely mistake this as a threat, but fear not. Once it has been extracted, you're going to open the containing folder and copy the contents of the cuda6. I'll post a picture for those I've lost. It is definitely more profitable to use a mining pool due to the difficulty of mining blocks. Using one of these pools will give you a payout relative to the amount of mining you do. Now that we have the necessary components to be able mine, we need to create a batch file to put it all together and start making some money!
Now, depending on which pool you chose to use the setup could be different. Right click anywhere in the extracted Claymore Miner folder and create a new text file. Name it anything you like and then add. To edit the file, right click on it and chose EDIT. Copy and paste the code you need from below for whatever pool you chose into the.
Now all there is to do is save that. I hope that this has helped those of you who were frustrated or just looking for a start. If there is anything that I may have missed please don't hesitate to ask. I'll do my best to answer! If this guide has been any help to you please let me know! I welcome any feedback. If you're feeling generous and would like to share some of your mining profits or just tip it's greatly appreciated!
Preface Let me begin by saying that there are many guides out there and that this one is by no means comprehensive. Warning This is not a guide on the blockchain or how mining works. The Basics You need: I'll post a picture for those I've lost Mining Pool It is definitely more profitable to use a mining pool due to the difficulty of mining blocks.
Nanopool Ethermine Setup Now that we have the necessary components to be able mine, we need to create a batch file to put it all together and start making some money! WorkerBee -epsw x Where: Are We Done Yet? Authors get paid when people like you upvote their post.