All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Time for a new Windows binary of the latest pre-release version of Genoil’s ethminer 0.9.41 fork 1.1.6 (source). This time the focus is the addition for support of Nicehash’s Ethereum stratum implementation with extranonce subscribe for optimum performance when mining altcoins based on the Dagger-Hashimoto algorithm such as Ethereum (ETH). The binary is compiled with CUDA 8.0, supports both Nvidia CUD and AMD OpenCL mining modes, and is a pre-release version for testing the newly implemented features, you should not expect hashrate increase, though this version should do well when used with NiceHash, so you are welcome to test the new feature and report any issues you encounter. We have already done some comparison on what to expect selling your DaggerHashimoto (Ethash) GPU hashrate at NiceHash with the current price and mining directly for Ethereum and then selling the Ether coins for BTC. The results are below and it seems that even with the current low exchange rate as compared to what it was some days ago before the DAO hack it is still more profitable to mine ETH directly and sell it for BTC.
120 MHS mining hashrate ~ 1 ETH per Day:
– Ethereum Mining – 0.0159 BTC/Day
– Nicehash DaggerHashimoto – 0.0128 BTC/Day
The service for leasing and renting mining rigs for different crypto algorithms – Mining Rig Rentals has added support for the Dagger-Hashimoto algorithm that is used by Ethereum (ETH) as well as some other coins that have since been forked from it. There are two categories for Ethereum mining rigs available and we need to clarify the difference as there might be some confusion as to why. Dagger-Hashimoto(G) is for rigs that support Getwork while Dagger-Hashimoto(S) is for rigs supporting stratum, most of the Ethereum mining pools do rely on Getwork, though there are a few such as Ethpool that support stratum over their own miner called qtminer as well as getwork with standard ethminer. There is also the option to use a stratum proxy that will translate to getwork requests as an alternative to a pools directly supporting a stratum implementation for mining. The current stats show that out of 55 available getwork rigs 22 are available for renting or about half, but there are no rigs with stratum support currently listed at the service.
The cloud mining service provider Genesis Mining now offers more Ethereum cloud mining hashrate after briefly being out of stock due to the high user demand. Unfortunately the return of more available Ethereum cloud mining hashrate for sale comes with a significantly higher price per MHS than it was available for before. Previously 1 year mining contracts were available at $17.99 USD per MHS with all included fees for the term of the contract and now the price is set at $44 USD per MHS for the same terms or more than double the old price. One can argue that in the recent days there has been a significant jump in the exchange rate of Ethereum’s Ether (ETH) coins on the market, more than double, and the performance per GPU is lower because of the increasing DAG size, but it is not clear if this will be a long term price increase or it is just temporary jump. So while at the old price the Ethereum cloud mining contracts were very attractive, but they are not anymore now that their price has been significantly increased… will have to wait and see. Meanwhile should you decide to purchase some Ethereum cloud mining hashrate you can get an extra 5% discount from the regular price by using our special promotional coupon code CryptoMiningBlog5 during the checkout.