Posts Tagged ‘ETH

hashflare-ethereum-cloud-mining

The cloud mining service provider Hashflare has officially announced their plans to start offering Ethereum cloud mining hashrate with pre-orders already active and mining expected to start on March 21st. The contracts are with 1 year term with everything included in the price of the hashrate, so no extra expenses for the user. The price is set at $4.25 USD per 100 KHS (0.1 MHS) or with other words $42.25 USD per Megahash worth of Ethereum mining hashrate. There is currently a promotional offer for pre-orders that will allow you to purchase hashrate at a discounted price of $3.74 USD per 100 KHS or $37.4 USD per MHS (12% discount for the pre-orders) if you use the following promotional code when checking out HF16ETHER12.

The service is already offering Bitcoin and Litecoin cloud mining hashrate contracts, though both are being paid to users in BTC. Their new Ethereum cloud mining offer is apparently based on what Genesis Mining is already offering, though Hashflare apparently wants to attract customers with a lower price. The problem is that they have announced their plans about 1 month prior to actually starting to mine Ethereum and for that 1 month a lot can change – much higher mining difficulty or significant drop in price etc. that makes this investment riskier. There is also no information what will happen with the purchased hashrate in case Ethereum switches to PoS before the end of the 1 year term of the contract. So be careful when weighting in the pros and cons of this offer.

To check out the new HashFlare Ethereum (ETH) cloud mining hashrate available for pre-order…

ethminer-benchmark-280x

Ethminer 0.9.41-genoil-1.0.4b3 (source) is the latest release of Genoil’s CUDA miner forked from the official ethminer that is designed to work on Nvidia CUDA GPUs, but will also work on AMD OpenCL GPUs as well. The latest version adds some useful features for both AMD and Nvidia miners, though there is not much of a difference in terms of performance compared to older releases, so do not expect to see faster hashrate. In fact the hashrate on AMD GPUs has been decreasing over time due to the increasing size od the DAG files used by the miner for mining Ethereum’s Ether (ETH) coins.

The latest release contains more advanced benchmark options that allow you to check how performance changed or will change in time, there is an option to set a custom DAG storage folder and even support for stratum mining without a proxy, although currently limited to support only for Coinotron with more pools to come. We ran a quick test to check how the hashrate changed over time between block 1 and block 1 million of Ethereum on an AMD Radeon R9 280X GPU and on Nvidia Geforce GTX 970 GPU. As you can see from the results below the performance has dropped quite a bit on AMD, but has not changed on Nvidia, do note however that Nvidia-based video cards are slower in terms of mining performance for Ethereum… at least for the moment.

GeForce GTX 970:
Block 1 – 17.31 MHS
Block 1M – 17.31 MHS

Radeon R9 280X:
Block 1 – 25.95 MHS
Block 1M – 21.49 MHS

To download and try the latest Ethminer 0.9.41-genoil-1.0.4b3 for Windows OS…

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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