Select your language

 

 

Beginner

  • Microsoft Windows 10 Pro 64 BitWe constantly get a lot of questions regarding the installation and configuration of the Windows 10 operating system for mining rigs and decided to write generalizing material on this topic, which is able to answer most of the questions of beginners. Many of the nuances and settings that we will talk about today are very important for the optimal mining process. If you know any other features or settings of Windows10 that will not be discussed in this article, please write about them in your comments or on our forum.

  • miningrig_gpuIn addition to a careful selection of components when creating mining rigs based on video cards, it is also worth paying attention to the choice of an operating system (OS), which will be responsible for the management, efficiency and reliability of all equipment. Today, for mining, use Windows of various generations. Linux distributions and various specialized Linux mining builds. And as a rule, each option has its drawbacks and advantages, which we will cover in this material, which will help you make the right choice based on your preferences and financial capabilities.

  • The GRIN cryptocurrency confidently holds the lead in the profitability of mining on Nvidia video cards all of 2019, and the maximum performance in GRIN mining can be obtained only on Linux operating systems, for example, HiveOS. Due to the specific requirements for setting up miners software, many owners of mining rigs are faced with the difficulty of setting up HiveOS for mining GRIN cryptocurrencies using the Cuckatoo31 and Cucarood29 algorithms. Therefore, further we will tell you how to configure HiveOS to work together with F2pool to mine GRIN cryptocurrencies. By the same rules, you can configure the OS for any cryptocurrency based on the MimbleWimble encryption algorithm.

  • nicehash_os_logoSince 2014, NiceHash has been offering its services in the mining industry, namely the service of automatically switching your mining rigs to the most profitable algorithm and cryptocurrency, while paying a reward only in Bitcoin, i.e. mined altcoins are also automatically transferred to BTC. Actually, on this functionality, NiceHash gained its popularity among beginner miners and those who do not have time to constantly monitor mining trends. Following the latest trends in the mining industry, the company released its own Linux operating system NiceHashOS in addition to all the well-known Windows applications. If you want to combine the convenience and free Linux operating systems with the convenient NiceHash features, you can easily do this using our NiceHashOS installation and configuration guide.

  • gtx1050ti_CUDA_error_cannot_allocate_big_buffer_for_DAGOwners of Nvidia Geforce GTX1050Ti video cards with 4Gb video memory begin to face the problem of running out of this memory when creating DAG files in Windows 10. Moreover, the DAG file itself has a size of 3.3 Gb at the beginning of November 2019, which is significantly less than the available 4Gb. This problem has been known for a long time and is associated with Windows 10, which utilizes a lot of video memory. Solutions to this problem have also been well known since the DAG file was approaching 2Gb and 3Gb sizes. Next, we consider all the options that are available to extend the work of video cards with 4Gb GDDR memory on the Ethereum cryptocurrency mining.

     

  • hiveos_how_to_install_usbWhen assembling GPU mining rigs, the question always arises of choosing the operating system: Windows, Linux, or a specialized OS for mining. If Windows is still preferred by novice miners because of the easy entry threshold, then experienced miners with a large number of GPUs have OS choice priorities shifting towards stability, ease of management, monitoring, video card tuning capabilities and reducing PC resource usage. And all these requirements are met by specialized Linux-based operating systems, a striking representative of which is the popular among miners - HiveOS. The purpose of this material is to highlight the features of installing and configuring HiveOS for beginners, as HiveOS has a number of undeniable advantages over Windows, which greatly simplify the process of mining cryptocurrencies on the GPU.

  • btc_price_mining_2019If the value of the first Bitcoin cryptocurrency is monitored almost daily by all crypto enthusiasts, then not everyone knows the cost of its extraction. Moreover, this parameter is also important not only for miners, but also for investors, because it can affect the final value of Bitcoin itself. The cost of mining bitcoins depends on many factors: the effectiveness of the equipment, its cost, the cost of electricity, the complexity or hashrate of the network. And each of these parameters has a strong influence on the final payback result of Bitcoin mining.

  • motherboard_mining_2019When assembling GPU mining rigs, the selection of components is important for reliable and stable operation of the entire system under increased load during mining 24/7. Motherboard -one of these main components that require special attention when choosing. On which the number of installed video cards, the amount of memory, the processor and the overall stability of the entire system will depend. In addition, mining motherboards must withstand increased current loads so that the power paths on the board itself do not burn out. In order to simplify the choice for miners of components for their GPU rigs, manufacturers began to produce motherboard models specifically designed for mining, i.e. under the requirements of highly loaded systems, plus the possibility of connecting a large number of GPUs is provided

  • asic_vs_gpu_choosingDuring the Spring - Summer of 2019, everyone can observe an intensive recovery of the cryptocurrency market, and along with the rising cost of crypto assets, the interest in mining cryptocurrency is growing. Therefore, many novice miners are increasingly beginning to wonder: "Where to start?". If we consider classic POW (Proof-of-Work) mining, then today the main tool for POW mining is video cards and Asic devices, since CPU mining is of little relevance and expedient  only for botnet networks, and FPGA miners are extremely expensive and practically inaccessible to the average customer. Therefore, all who are going to engage in mining cryptocurrency stop on the choice of these two options - Asic or video card. And this choice is not as simple as it may seem at first glance, and will depend on many factors, which we will try to make out below. Also at the end we will consider the payback factor of equipment, which many mistakenly put in the first place in the choice of mining hardware.

  • proof-of-stake_staking_miningThe basis of the work of the blockchain technology is distributed P2P networks with a protection mechanism against recording incorrect data by assigning a "weight" to each participant of this network. Today, there are two main models of weight assignment: POW-performance of work or all the usual mining cryptocurrency, POS - share ownership of cryptocurrency. And over time, the share of projects choosing the POS model is constantly growing, reaching as of June 2019 an 8% share of the capitalization of the entire crypto market. The long-expected transition from POW to POS Ethereum, the second most popular cryptocurrency, in early 2020 will raise the capitalization of POS currencies to 20%, which will be a turning point in the transition of the entire industry to a less expensive method of keeping the blockchain up to date. Global changes in the near future will affect the mining industry on the CPU, GPU, FPGA and ASIC, because The relevance of POW mining will fall, as the result of competition among miners and among mining pools will increase dramatically, which will lead to even greater squeezing of small participants from the market. In the era of POS mining, on the contrary, such a phenomenon as Staking will emerge that will replace the mining pools from the current POW mining era.

  • Choosing a graphics card for mining cryptocurrency in 2019We continue our annual analysis on the market of video cards and their use in mining cryptocurrency for 2019. Compared with the previous analysis at the beginning of 2018, the cryptocurrency market has undergone strong changes associated primarily with a decline in cryptocurrency prices to 90% from last year’s values. Against this negative background, specialized ASIC and FPGA devices form an increasing competition in the mining of cryptocurrency to video cards, which further worsens the situation for the owners of mining farms on video cards. The release of a new generation of Nvidia video cards at the end of 2018 had virtually no effect on the alignment in choosing the best video card for mining. we did not see a sharp decline in prices for video cards of the last generation of the GTX10xx series, moreover prices for video cards continue to remain higher than they were before the mining boom in 2017-2018. Despite this, the mining on video cards in 2019 continues to be relevant, but already at the expense of the used video cards market and new asicresistant mining algorithms. These arguments were in February, when the cost of cryptocurrency was at the bottom. Now in June 2019, the year when the cryptocurrency went up by 2-3 times and new video cards came out, we completely recalculated the payback of the GPU in the mining at the moment.

  • bitcoin dirt, aml check, black crypto listCryptocurrency based on blockchain technology, including Bitcoin, has many advantages. It is an independent method of transferring value with low commissions and fast transactions independent of any government, while cryptocurrency is easy to share to millionths without losing its value. All these statements were true until the cryptocurrency did not become so popular that in some countries it became recognized as legal tender or electronic asset. From this point on, due to the blockchain's openness of some cryptocurrencies (Bitcoin, Ethereum, Ripple and others), black lists of crypto wallet began to appear on which stolen cryptocurrency stored. Any cryptocurrency that passes through such wallets is automatically blacklisted, and then all its movements are tracked as they black list more and more crypto wallets. Cryptocurrency stored on such wallets automatically becomes outlawed and at this moment the cost of such a “dirty” cryptocurrency starts to fall sharply, because buying and cashing a dirty bitcoin or ethereum in your own name of  will automatically make you at least a witness of a theft or worse yet an accomplice in a crime.

  • faq_mining-newIn mining, cryptocurrency as in any kind of activity there are always experienced and beginners, who just have to understand all the intricacies of cryptocurrency and their mining. Because mining is available for almost all segments of the population with at least a superficial understanding of computers and it does not require any education or training courses, so beginners in mining make quite serious mistakes that lead to tragic consequences, after which new miners give up. We have prepared answers to the 4 most important mistakes that beginners can potentially make and they will be fatal. This list is based on our many years of experience in dealing with people who are interested in cryptocurrencies, but have no idea about the blockchain technology, and the use of computers is limited only to watching Youtube and games. If you are just starting to understand cryptocurrency, then be sure to read the material below.

  • profit-mine logotypeIn connection with the recent growth rate of Bitcoin (BTC) and other altcoins, services for calculating the profitability of the production of cryptocurrency have become relevant again. About one of the similar calculator services, recently updated Profit-mine.com, we'll talk below. The service has a fairly user-friendly and intuitive interface that regularly adds new mining algorithms and coins. Hashrates of video cards and ASIC are also regularly updated and added. In addition, the site contains not only the calculator itself, but also some set of useful services and tools, the list of which is constantly growing. On the main page of the resource you will be see a dashboard panel with widgets, which duplicates the functionality of the main tools, but in a more compact form. If you are interested in the full functionality of a tool, you can go to it by clicking on the title of the corresponding widget. At the top of the site there is a panel with courses of 6 popular cryptocurrencies, which shows data in real time, as well as hourly charts of changes in cryptocurrency rates. At the time of this writing, the calculator already supports more than 90 cryptocurrencies, 47 mining algorithms, 20 video card models and 46 ASIC miner models from 11 different manufacturers. The project is constantly being developed and supplemented, new algorithms, coins, ASIC and GPU are added, as well as their hashraits are updated. Now let's look at all the features of the service in more detail.

  • evga-gtx1660-series-videocards-mining-test-ethereumIn March 2019, Nvidia introduced a line of GTX16xx video cards instead of low-cost and mid-range Pascal (GTX1050-GTX1060-GTX1070) video cards. The GTX1660Ti video card with GDDR6 memory is close in performance to the previous generation GTX1070, but with significantly higher energy efficiency. GTX1660 with GDDR5 memory in turn is the direct heir of the popular model GTX1060. It is possible to say with great confidence that it is the GTX1660 and GTX1660Ti that will become the new favorites for assembling mining rigs in 2019. Therefore, let us compare these two options in more detail in terms of technical characteristics and opportunities in Ethereum mining and determine which of the budget video cards will be the most optimal choice in terms of return on investment.

     

  • bitdeer_logo_cloud_mining_buyBitdeer.com is a subsidiary of a major manufacturer of Bitmain miners, the actual Asics of this particular company is used for the cloud mining service. Bitdeer offers mining contracts for the 6 most popular algorithms: SHA-256 (Bitcoin), Scrypt (Litecoin), X11 (Dash), Ethash (Ethereum), Equihash (ZEC), Blake256 (Decred). For new users, BitDeer offers to use a free 1TH/s (SHA-256) contract for 3 days, with the possibility of extending it to 30 days. Take advantage of this unique opportunity to test the best cloud mining service. To do this, just register and activate the gift coupon in the "My Coupons" section.

  • sata_power_connect_mining_riserIn the last article, we looked at various options for USB risers to assemble mining rigs. In most of them, at this moment, you can find various connector options for organizing additional power on the 12V line. The most widely used connectors are PATA Power Connect (4 pins per line), SATA Power Connect (15 pins in two lines) and PCIe Power Connect (6 pins in 2 lines). Moreover, in recent models of USB risers, several connectors for additional power supply are installed at once, or only one 6-pin PCIe. In addition to all this, the Sata Power Connect to PATA (PCIe) adapters are bundled with the risers, or vice versa, depending on the add-on connector installed on the riser. power supply. If, when assembling your mining riga, you plan to use or already use Sata Power connectors from your power supply, then you have a great chance to remain without equipment as a result of a short circuit or even the entire room where mining mining is located. Why this happens and how to avoid it, read on.

  • USB_riser_mining_rig_gpuWith the advent of mining cryptocurrency on video cards, the first crypto enthusiasts had to solve a lot of technical and software problems, one of these tasks was to use the maximum number of video cards on a single computer platform or riga. Because in 2010, there were no special mining motherboards, the maximum number of installed graphics cards per motherboard rarely exceeded 2 units. Those. the number of installed video cards directly depended on the number of PCI-Express x16 connectors on the motherboard. In addition, due to the close proximity of the video cards to each other and the work of mining rigs in 24/7 mode, there was a real problem with the cooling of video cards. It was at this time that tips to increase the distance between video cards with the help of a special PCI-Express X16 connector extender, which had to be soldered   the connectors and cable, began to appear on the specialized forums. Such a device was later called Riser PCI-Express 16X - 16X.

  • ieo cryptoThe rapid rise in the cost of cryptocurrency in 2017 is often attributed to ICO (initial coin offering) popularity among a large circle of people, but due to the lack of state control countless frankly fraudulent schemes under the guise of fundraising for ICO have been born. Actually, the massive disappointment of investors in ICO due to the loss of money in 2018 and served to the same sharp drop in the entire cryptocurrency market. Because The scheme of attracting investments through ICO is still attractive for start-up, so a new scheme for attracting investments, IEO (Initial Exchange Offer- initial exchange offer) was invented, where between the investor and the developers of startups an intermediary appears in the face of the cryptocurrency exchange, which takes all reputational risks, in other words, investors receive certain guarantees that the money collected in this way will indeed go towards fulfilling the data promises in the WhitePaper company.

  • forging metahsh mining MHCIf the POW or POS mining cryptocurrency has long been used to and the questions arise only for beginners to understand the blockchain technology, then Forging is a fairly new phenomenon in the world of blockchain, which also allows you to extract cryptocurrency, but by completely different principles. Forging is a necessary element for the operation of the blockchain of the Metahash network, which in turn tries to implement the WEB 3.0 or Blockchain 4.0 technology to create a fully decentralized network.