Build an Ethereum Mining Rig

5 stars based on 30 reviews

This mining tutorial is made for absolute beginners as well as for experienced miners looking for new mining opportunities. It focuses on Zcash mining as well as Ethereum mining, and can be very helpful for other cryptocurrencies based on memory-hard Proof-of-Work.

But two points caught my attention:. Zcash seems to have been designed by a highly skilled team made of various profiles with much experience…and they did well. Zcash has been introduced with care: Keep in mind the context… From Bitcoin has emerged a great community of tech-savvy do-it-yourselfers and a new caste of digital speculators, then ASICS and super mining farms came, endangering the idea of wholly decentralized and reliable network: Now, difficulty is approaching limit for mining rentability, raising concerns for the mining community.

These works are new transactions to be verified and added to the blockchain: Your rig will calculate hash functions for a block. You are said to have successfuly mined a block if you have found a solution to the cryptographic problem associated with.

Computer to mince bitcoinzcash mining rig build variable called difficulty level self-explanatory is an ever-increasing constraint at the scale of the network.

Then the block is put at the end of the blockchain and you earn a reward coinsmade of static and transaction fees. For this kind of process, you need to run a tremendous number of simple operations in parallel. To be more accurate, this is not exactly the process your mining rig will run: All computers are not created equal when dealing with massively parallel processing: AMD R9 x is a reference for miners.

There are more interesting GPUs now. Graphic cards are particularly adapted for these simple, repeated and parallel operations: Read the Equihash whitepaper for more information.

Some cryptocurrencies are better CPU-mined, thanks to their hashing algorithms: Whatever the hardware, whatever the GPU: A desktop computer case? Computer to mince bitcoinzcash mining rig build can add box fans if you want. For rigs with 2 or 3 GPUs, the cheapest trick: If you think on a big scale: DIY or… kits available on ebay quite expensive.

Nvidia has great cards for gamers, but the mining community runs on AMD. Note computer to mince bitcoinzcash mining rig build AMD also gives a good floating-point performance.

While Nvidia dominates the high-end market with the fastest performance in absolute terms, AMD is said to reach the best mining performance per computer to mince bitcoinzcash mining rig build. Good point for AMD, whereas Nvidia gets better when it computer to mince bitcoinzcash mining rig build to frequencies. Try not to focus on hashrates found on forums: Pay attention to the power consumption in charge.

You can get it from tests available on the Internet. Computer to mince bitcoinzcash mining rig build, find the lowest price. If you plan to sell your GPUs after their profitable? For example, 8Go-GPUs are said to attract gamers in the second-hand market. What about the remaining components of the computer? Low-end products will be fine.

With these cables, we can also keep away the hot GPUs from the rest of the system. Some motherboards have several PCIe 2. This is rather a gaming feature. They had little flexibility and were very limited in length. Now, you should definitely use USB 3. There are two strategies: Well, the answer is on the USB-riser: Finally, will you be able to plug all your cables on the PSU? Will you have enough cables? This should be an important criteria.

Choice of the Operating System: As cryptocurrencies and their mining became popular, mining difficulty increased so much that solo miners had no chance to find a block one day. To avoid such a tragedy — and it sounds like a parable — people had to gather in mining pools: Whereas solo mining require to run your own blockchain node, a pool runs a node for all miners.

Actually, in poolmining, the pool itself is solo mining. It syncs to the network and retrieves the blocks to mine on your behalf! Then it divides the block solving problem in shares and distributes the work between the miners. When one of them has succesfully mined a block, the pool sends the mined block to the network and gets the reward: There are different ways to calculate the share reward: Are there active miners?

Is computer to mince bitcoinzcash mining rig build a beta service? Pools are usually dedicated to a cryptocurrency, but they tend to create series of pools with the same brand, one for each currency. Moreover, most pools are not free. Go and read their Terms of Service to find it. Then, look at the specs.

The following services are appreciated: Mining is permitted by the cryptocurrency software itself. If you go solo mining, you can start mining with the software that is running your node. But it stops here. What about pool mining? What about dedicated miners for GPUs? Some great people have not only implemented mining algorithms but computer to mince bitcoinzcash mining rig build also permitted pool mining and hash optimizations!

The choice of the miner is significant in terms of performance and thus of ROI. Try the different mining softwares yourself: Actually, future miners often forget that a mining software comes with parameters that may have effects on mining performance. The hash rates shown by the miner is net rate. Dec 25, Instructive. Designing a mining rig Choosing hardware Choosing: But two points caught my attention: A carefully designed cryptocurrency Zcash seems to have been designed by a highly skilled team made of various profiles with much experience…and they did well.

Then, what kind of hardware is needed? Design of a mining-rig as a desktop computer with several GPUs. Ribbon riser vs USB-riser. A classic dual-PSU adapter. You could be surprised: Both worlds, Win or Linux, allow great scalability and work well within a network.

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Rolf Mining , Zcash , Zen GPU pricing got a little crazy this year for a few months, and I took a break from building new GPU mining rigs because they were too expensive. I also run masternodes and stake different cryptocurrencies to participate in other crypto generating activities. And as long as the cryptocurrency has good prospects, if you hold it for a long time it might go up in value 5x, 10x, or even x. This has happened in the past, and will happen in the future. This is a list of what to buy and how to set it up to get you mining quickly.

Equipment list — Links are to Amazon or Parallel Mining product page. Buy from wherever you can get the best deal! The idea is to get a basic computer built, troubleshoot any potential issues, install the operating system and application, then build the rest of the machine.

If it does boot, configure the BIOS, connect an Ethernet cable to the network that can get to the internet, and reboot. Make the power come on whenever power is applied to the board.

Here is a set of pictures for BIOS settings for a similar motherboard. This is a purpose built version of Linux that is optimized for GPU mining. It works really well, better than running Windows or Ubuntu for mining. You can, of course, use the same hardware build and run Windows or Linux and mine with it, but I recommend using a purpose built operating system.

What I really like about EthosDistro is how it has settings for adjusting power, fans, core clock speed, and memory clock speed. You can also set up a single configuration file on a webserver, and by changing one file on your miner, have it go to that configuration file on boot, pull its config, and start mining. After setting the BIOS, connecting Ethernet, and rebooting, EthosDistro boots to a screen that is more user-friendly than just a command line:.

This shows one GPU is successfully mining Ethereum. There are a few important pieces or information you need from this screen. It is mining to the EthosDistro address. That needs to be changed. The system is designed to download a file from a website and run. When the system boots, it will copy whatever file is referenced in remote. For just a single miner, edit the local. Put this at the beginning of the local.

I like to keep the configurations for multiple mining pools in the file, commented out with the symbol. That way if I want to change what I am mining I can just alter the configuration without looking everything up again.

Before you start mining, you definitely want to have a wallet address of your own to mine to, which in this configuration is set by the proxywallet configuration item. For any Bitcoin based cryptocurrencies, like ZEC and ZEN, I actually prefer to mine to a software wallet, then transfer to a hardware wallet every week or two.

If you mine to a hardware wallet or exchange, change your pool settings so it only deposits once a day. More than once a day deposit into a hardware wallet or exchange can cause issues. And perform maintenance on your hardware wallet! I like to plug them in one at a time then reboot, so I can figure out if I have a bad riser or card. The most common problem you will probably have is bad risers.

I always order extra so I can quickly swap out a bad riser. There are two main sources of documentation for EthosDistro. The first is the local. A working example of the pool. I had to read it through about 10 times before I understood how to change the settings to make it work. The second source of documentation is the EthosDistro Knowledge Base. If you have more than one GPU miner, or want to be able to make changes remotely, you can create a text file and post it on a web server.

The example above is a portion of my web server based configuration file. A fuller one is below:. Put just the url, nothing else, in the file. The first time I did this I left in two comment lines, then the url, and it did not work.

There are many different ways to host a text file on a webserver, but that is beyond the scope of this article. With your copy of EthosDistro, you get a web panel with realtime statistics for every miner at your location. This is a portion of the GPU miner panel I am running at my medium size mining location:.

Those issues are due to bad risers — I got a bad batch from a different supplier I tried. With this batch, the bad risers run for hours, then stop. It makes troubleshooting tedious and slow. As soon as I get some better ones, I am going to be a lot happier. In the example configuration above, I included three tuning settings. How you set them depends on what you want to accomplish. I prefer a mix of maximum hash rate with moderate power usage. Others try to maximize the hash per watt.

I found that setting the maximum power to watts worked the best. After that, I worked to increase the memory speed as much as possible. When operating, ethosdistro will turn the GPU processor speed down to keep the card within power limits. I usually put my miners on one cryptocurrency and leave it there for a month or two.

Since prefer to mine and hold, I like to mine a cryptocurrency that has less competition. Some people are not able to mine and hold, and instead must mine and sell the rewards that they mine. I still like to make sure that I am mining one of the more profitable coins, so as long as it is close to the most profitable, I am fine with that.

These are the settings:. All five equihash coins are fairly similar in profitability. Nicehash is an interesting option also — if you point your GPU miner at it you will get paid in Bitcoin. For mining and holding, you should do your research and determine which ones you think have the longest term potential to increase in usefulness, value, and price. Assuming everything stays the same system hash rate for each coin, price, etc.

Now, to double-check the Whattomine calculator against reality, you have to check your mining pool. The hashrate for the 27 miners I have mining ZEC right now has averaged about Profitability, however, is a constantly moving target.

If it is a cryptocurrency you believe in, mine it, hold it, and sell some when the price spikes higher to help offset your costs. I like GPU miners. They are straighforward to build, flexible, and profitable. For most people just getting into mining, I tell them that it is great to have grand plans, but that they should start mining with just one miner first, because it is a learning experience.

After they run out of room at their house or apartment, then they can look at getting more and putting them into a place that has more electricity and cooling. Jon Boyer October 3, 3: I just shared this with my partner. Rolf October 3, 4: Nice thing about GPU rigs is you can get everything you need in a week, and start mining right away.

CC December 17, I probably have sooo many questions but first I just want to say thank you for sharing all your valuable experience and knowledge. You are helping lots or people and helping the industry a lot in the process. Motherboards are msi z None of the rigs are performing at the hashrate I was told they could achieve.

Do you have any settings suggestions? Can you give me some good guidelines or direct me where to find them? Also, I need to add additional ventilation before the warm weather hits and I wondered if you might share the info on your filtered intake fan as well as your exhaust fan? Brian October 3, 4: Rolf — I appreciate your articles and videos. I hope to have my first miner up in my home in about a week as parts come in. I have two quick questions: What is your set up for running GPU miners at V?

It likes higher voltage, because there is less current. It does not really save much money. Thomas Wood October 6, Rolf October 16, 4: I go back and forth on that.