Posts Tagged ‘ETH mining

With the switch from the RX 400 to the new RX 500 series (even if there is not much difference in hardware), AMD started having issues with availability. Older GPUs have been pretty much sold out where there were some left and the newer 570/580 models are pretty much out of stock everywhere. If there are some units left they are with an inflated price tag, because the people selling them want to make some extra bucks from the lack of availability and high demand. It is not known how long this lack of video cards will continue, but things were slowly progressing towards this negative outcome the whole month.

We are pretty sure that one of the reasons is mining and the recent peak of the price and profitability of Ethereum that inevitably leads to more and more new miners and mining rigs getting built. It seems however that AMD was really not ready for an increased demand after the release of the RX 500 series, even though RX 400 GPUs were already selling a lot. It may take a couple of weeks for things to get back to normal, unless the craze continues and unless AMD is actually having trouble making enough GPUs at the moment to cover the demand. Maybe the fact that the company is preparing for the release of their newer higher-end Vega solutions has something to do with the problem as well.

Miners are already looking at the alternatives of using Nvidia GPUs that are available plenty on the market, because they are not as good deal for Ethereum mining like the AMD cards in terms of price/performance. If you however take out the Ethash algorithm (Dagger-Hashimoto) out of the equation Nvidia’s Pascal GPUs are actually pretty good in terms of performance/power usage ratio… just not as good in memory intensive algorithms where GPU power is not required as much. Mining aside, gamers already have no other choice but to go for Nvidia if they are currently in the market for a new video card with AMD GPUs being out of stock.

The people that were mining a couple of years back during the Litecoin craze will most likely remember a similar situation where things got out of control for a while with the exchange rate of LTC exploding. This was only temporary as everyone was rushing to get into mining the top altcoin back then and then the price went down and things started to get back to normal. There are no guarantees that the same situation will happen again though, but don’t forget that we may be heading for a POW to POS switch for Ethereum by the end of the year…

hitchpool

There have been quite a few new mining pools for Ethereum mining appearing in the last few weeks since we have last updated our list of Ether (ETH) mining pools, so now it is time to refresh things a bit. As you will probably notice many of the new pools are based on the Open Ethereum Mining Pool by sammy007 with some of them retaining the base design and functionality and others further improving things. Below is a list of the new pools for mining Ethereum and after that you will see a list of the older ones that have been available for longer and are more established and well known and we have already covered here…

Newer Mining pools for Ethereum (ETH):
Hitchpool – 0% pool fee promo, 0.5% afterwards, 0.1 ETH minimum payout, getwork and stratum support, no registration
AlpEreum – 0% pool fee promo, 0.2 ETH minimum payout, stratum support, no registration
Etherite – 0% pool fee promo, 1% afterwards, 0.5 ETH minimum payout, getwork and stratum support, no registration
Geteth – 1% pool fee, 0.2 ETH minimum payout, getwork and stratum support, no registration
Ethermine.Rocks – 0.1% pool fee, 0.5 ETH minimum payout, getwork and stratum support, no registration
MSKpool – 0.5% pool fee, 1 ETH minimum payout, getwork and stratum support, no registration

Older Mining pools for Ethereum (ETH):
ethpool.org
ethermine.org
eth.nanopool.org
dwarfpool.com/eth
www2.coinmine.pl/eth/
eth.suprnova.cc
www.coinotron.com
eth.pp.ua
ethereumpool.co
weipool.org
ethpool.utocat.com
ethereum.cryptopool.online
ethereum.miningpoolhub.com
eth.poolto.be
donkeypool.com

If you think that we are missing a pool or two feel free to drop us a comment with a link to the Ethereum mining pool, so that it can be included in the list as well…

ethereum-logo

Things have been quite crazy for Ethereum (ETH) the last days, so if you haven’t been paying much attention to Ethereum, then now you might want to get up to speed. Ethereum’s Ether (ETH) coins are mined with GPUs only and you can mine them with both AMD and Nvidia-based video cards that have at least 2 GB of video memory. CPU mining is also possible, but pointless since the hashrate you will be getting is way to little to be worth anything. At launch a few months ago Ethereum did not have an official GUI wallet, but now you have one in beta that can make things easier for not so advanced users to operate with their coins. Below you can find a list of updated resources to get you started if Ethereum is still a new altcoin for you.

Ethereum Mining:
Quick Guide on How to Mine Ethereum on Windows with geth…
Quick Guide on Solo GPU Mining Ethereum on Windows with geth…
Ethereum ETH mining on Ethpool with a Stratum-enabled qtminer…
Getting Started with Ethereum Using cpp-ethereum…
List of the major Ethereoum Ether coin mining pools…

Ethereum Additional Information:
Exchanges where you can buy and trade Ethereum’s Ether (ETH) Coins…
Track Ethereum (ETH) prices at top echanges with Ethereum Wisdom…
Useful Blockchain explorers for the Ethereum Network…
How to Backup your Ethereum Wallet and the Blockchain…

Ethereum Extra Software:
Download the latest official Ethereum GUI wallet…
AlethOne desktop GUI and client for mining ETH (single GPU)…
Ethereum Solo Mining Proxy for larger mining farms…

Other Ethereum resources:
1 Year Ethereum (ETH) cloud mining contracts available from Genesis Mining…
Active Ethereum Faucet giving away free ETH coins…
Another Ethereum (ETH) Faucet giving away free ETH coins to users…
Ethereum GPU Mining Profitability Calculator…
List of other Ethereum forked altcoins…


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