So I been Mining with Nicehash for a While and you can mine all kinds of different setups. I mine with my GPUs. But you can ASIC miner and many more. They have a new update. Nicehash miner v2.0
Much better setup easier to use. And you get to benchmark your GPUs to get best mining set. I recommend Nicehash.com
If you looking for a site that offers you good mining that you can buy power or you can sell it then you need to join nicehash.
Largest Crypto-Mining Marketplace
Sell or buy computing power on demand
SELL computing power of your PC, server, workstation, ASIC or farm
- Get paid in Bitcoins
- Payments from 0.001 Bitcoin
- Payments from once per day
- No registration required
- Free software & user friendly guides
BUY massive hashing power for mining Bitcoin, Zcash, Ethereum and other coins
- Minimum order price 0.01 Bitcoin
- Cancel at any time without cancellation fee
- Pay only for valid shares
- Mine on any pool you want
- Real-time statistics & dashboard
Buy Power Click Here
Sell Power Click Here
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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).
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?
HOW IT WORKS?
Miner is a highly efficient piece of mining equipment specially designed for cryptocurrency mining. Our datacenters house hundreds of miners.
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.
Next, all mined cryptocurrency is distributed among all customers of HashFlare depending on their share of hashrate in the whole system.
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.
Whattomine.com is a great Site that can assist you in choosing the right coin that suits your setup.
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So I have decided to talk about Crypto Mining as it is a passion of mine. I found this great site that allows you to check what coins are profitable and what you can mine with your GPU. That will bring you the best returns.
Check out this site Click Here
I have made a video on here to show you the site and what i think its best coins to mine. I am using a Radeon RX 480 Devil 8192MB GDDR5 PCI-Express Graphics Card. To mine Zcash and Ethreum. But you can use different ones depending on the coin.
Check out my Video now.
Pool coins to use
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