Ethereum More Profitable Than Ever Before Wow…..

What is Ethereum?

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM).

Sourced from

Ethereum – Wikipedia

So I have been mining Ethereum for some time now. I mine it on a Cloud site and I mine it with my GPU. Depending on what suits you. I think they both work. I prefer cloud mining as less cost and easier to mine but more risk as sites can go down.  But I have found a Site I use and Recommend as I have used them for a year and half with no faults and no issues. I recommend HASHFLARE.

What is Hash Flare?

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HOW IT WORKS?

HARDWARE

Hardware
Miner is a highly efficient piece of mining equipment specially designed for cryptocurrency mining. Our datacenters house hundreds of miners.

POOLS

Pools
Miners are connected to pools. There are many pools so HashFlare allows you to connect to ones you choose. This allows you to find the most profitable combinantion.

PAYOUT

Payout
Next, all mined cryptocurrency is distributed among all customers of HashFlare depending on their share of hashrate in the whole system.

Sign Up Now For FREE

 

So That is Cloud mining. But you can also Mine With your GPU.

What Is GPU Mining?

A Bitcoin mining module is usually a worker as assigned in the Bitcoin miningsoftware. For example, four GPUs are plugged into the motherboard constituting the Bitcoin mining hardware. Then the Bitcoin mining software identifies each GPU as a unique worker.

So this example is about Bitcoin but I am using my GPU to mine Ethereum which is more profitable. As it works better with a GPU processor. So in order to mine with your GPU.

You will need to mine with a pool or solo. I prefer Pool mining which this is about if you want to solo mine you will need to research on youtube.

The pool I am mining with is called ethereum.miningpoolhub.com

Its easy to join its free. Get your self setup then all you need is a good GPU. and you willl need a GPU miner. Ether for Nivida or Radeon. What ever you have you need one. I use QTminer or Claymore miner.

There are many videos on how to get setup I have made a video on my proof of progress and how I use qtminer to mine I will post it below this to show you how to get started.

Well i hope this will help you get started and to the future of ethereum.

If you need a wallet then I recommend Coinpayments as it supports 50+ coins. And works well easy to setup multiple wallets Free to join.

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Whattomine.com is a great Site that can assist you in choosing the right coin that suits your setup.

Join me on youtube

 

Subscribe to my blog for Future Updates

Enjoy

Michael

 

 

 

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