What is Ethereum?
source: Ethereum Youtube
I have been mining for couple years when I started Ethereum was only worth about $5. I mine other coins and I have a great site that gives you best results to find out which coin to mine with your setup. Check it out: Whattomine.com
I recently built a Rig and I am trialing it as I am not super rich and I couldn’t afford 6 GPU’s. But don’t let that restrict you. You can mine with one or more cards. You will get returns. My ROI on my two cards are as follows:
RX480 8GB Radeon Powercolor – 28mhz 55Days
RX580 4GB Radeon Gigabyte – 22mhz 75Days
I am using a AMD setup you can use Nvidia and Intel but i Find AMD Radeon cards better and cheaper .
Currently I am using a Site called Nicehash If you interested in it follow this link.
You can buy power with them or sell it by mining. They support many Algorithms. So any one can mine there. I am mining ethereum through DaggerHashimoto.
Here is my Daily stats:
I think If you can afford more GPU you have better options. Or Start off small. There are other coins Like :
These stats are on two RX480 Radeon 8Gb Cards. But I am not far off.
So I said i would show what I have used in my Rig setup:
- Gigabyte Radeon RX 580 Gaming 4096MB GDDR5 PCI-Express
- Power color Radeon RX 480 Gaming 8GB
- EVGA SuperNova P2 850W ’80 Plus Platinum’ Modular Power Supply
- Kingston Fury Black 8GB (2x4GB) DDR3 AM3+
- Kolink PCI-E 1x to 16x powered Riser Card Mining Rendering Kit Pro – 1m
- Motherboard GA-990FXA-UD3 Ultra
- Kigston 120GB SSD Drive
Roughly Total Price of this setup is £800+
Cloud Mining Is another great way to mine with out the hassle of building a rig and having to build one. so You need to decide what best suites your needs. I recommend both.
Two Recommend Wallets
Other pool I recommend