How to mine ethereum r9 285

No need to be like that. I am not sure what hash rate was achieved in Windows for what 3 years ago. In any case. This new driver adds to Radeon Settings a new GPU workload option, which defaults to Gaming but now can be toggled to load a "Compute" mode, which is designed to offer the best performance on compute-oriented workloads, like cryptocurrency mining. If this new function works as advertised, AMD GPUs should be able to achieve higher hash rates without much or any change in power consumption, which is great news for miners.

This feature could be used for other tasks, but we all know that mining is what AMD is aiming for here. Power use also dropped to W, is quite good considering the hash rate. If you don't mod the card to improve GDDR6X cooling, you'll typically end up at C depending on your card, case, cooling, and other factors , and the maxed out fan speed is not going to be good for fan longevity.

Consider yourself warned. Again, maxing out fan speeds and memory clocks while dropping the GPU core clocks and power limit are key to improving overall hash rates. Which brings us toa card that we've since removed from the charts. Then we overclocked the memory by MHz base clock, which gave a final speed of 20Gbps the Ampere cards run at 0.

It's not ideal, but at these temperatures a 4C difference can be significant. Our initial results were poor, as these were the first cards we tested, but we've revisited the settings after looking at the RX series. We were able to add MHz, giving a You'd think that wouldn't be sufficient, but boosting the GPU clocks up to 1.

Performance was very close to the while using less power, making this the overall winner in efficiency. Our tuned settings ended up with higher clocks due to the factory overclock and more power use than the Ti Founders Edition, but basically the same hashing performance. The cooling on this card isn't nearly as robust as many of the other GPUs.

The GPU clocks can go very high at stock, but the memory bandwidth appears to be the main bottleneck. Running with GPU clocks of 2. More importantly, power consumption took a massive dive, and efficiency improved to one of the better results in our testing. But this actually isn't AMD's best overall showing. At the same time, power requirements dropped substantially, from W to W.

However, the memory proves the deciding factor once again. That resulted in a MHz clock compared to MHz at stock, but fan speed was higher this time. Boosting the clocks back to 2. The efficiency looks good, but the raw hashrate is definitely lacking — it's only marginally faster than a RX 8GB from five years back. Real-World Profitability and Performance After the testing we've completed, one thing we wanted to do was look at real-world profitability from mining.

There's a reason people do this, and results can vary quite a bit depending on your specific hardware. We've used the optimal tuned settings, as well as power draw figures. However, note that the power draw we're reporting doesn't include PSU inefficiencies or power for the rest of the PC.

We're mostly looking at reference models as well, which often aren't the best option, but here's how our data compares to what NiceHash reports. Mining Performance Comparison - Tom's Hardware vs.

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Why should you mine Ethereum? Mining ether was no get-rich-quick scheme. Many of the first miners were developers or crypto enthusiasts who believed in the project and wanted to support its cause. Nowadays, with ether prices being in the four digits, mining ether is a profitable business, even though fiercely competitive. But as Ethereum is switching to PoS in , new investments in mining equipment are unlikely to still prove profitable.

Nevertheless, mining is certainly an interesting option for individuals with access to unused GPU processing power that want to make some extra money. But with PoS just around the corner and ether staking already available, staking is certainly the simpler, less hardware-intensive, more future-oriented way to earn ether. For miners, this fundamental shift makes them obsolete, as mining in the form of solving cryptographic puzzles is no longer required for PoS.

Read More: Learn About Ethereum 2. Investors can either stake ether by running their own Ethereum validator as described here , which requires a minimum of 32 ether. Or they can stake any amount of ether with a staking service. Many crypto exchanges like Coinbase or Binance already offer ether staking. Also, staking is offered by decentralized services such as Lido or Rocket Pool. Miners wanting to keep using their hardware after the switch can direct their computing power to other blockchains that are still working on a PoW consensus mechanism.

The easiest option is Ethereum Classic ETC , which runs on almost the same hashing algorithm as Ethereum, so it supports the same hardware. How to mine Ethereum Step 1: Choose your mining approach When mining ether, there are three different approaches miners can follow. Pool Mining Mining Ethereum in a pool is the simplest and quickest way to get started.

In pool mining, you join forces with other individuals. All the miners joining a pool agree that if one of them solves the cryptographic puzzles, rewards will be split among them according to the hashpower provided. The size of the pool, measured in hashpower, determines how many blocks the group finds on average. However, not all pools are created equal. When choosing a pool, three key characteristics should be considered: pool size, minimum payout, and pool fee.

The pool fee specifies the share the pool administrator gets for running the pool. Minimum payout defines the smallest amount one can withdraw from the pool. For instance, if the minimum payout is 1 ether, it can take weeks or months until you reach the required amount in reward payments and can cash out. To have a realistic chance to solve one of the cryptographic puzzles in a reasonable amount of time though, a miner needs dozens of GPUs.

Therefore, solo mining is mostly for professional miners, who run their own mining farms. Cloud Mining In cloud mining, you pay someone else to mine for you. In return, you get the mining rewards. But be aware: cloud mining requires trust in the counterparty, especially when done over an online service.

There is no guarantee that the money paid upfront is used to run mining equipment or that there even exists such equipment. Therefore, it is recommended to do cloud mining through long-established, trustworthy cloud-mining platforms such as HashFlare.

There are many wallets available on the market. Mining pools help you join forces with other small time cryptocurrency miners. However, most pools include a minimum withdrawal threshold to prevent people from switching too frequently. Ethermine is the largest Ethereum pool and one of the most consistent daily performers. Even so, your earnings will not differ much if you select a smaller pool like Flexpool, Hiveon, or Spark Pool.

A bigger factor to consider is if the mining pool has servers near you — especially if you live outside North America and Europe. Mining pool websites offer configuration guides for the most popular mining programs. Getting started is as simple as copying and pasting a few lines in most cases. As for which program you should use, there is no single correct answer.

Mining software choice varies depending on your hardware. Simply copy one of the fields and paste it into a new Notepad file. Finally, double-click the file you just saved to start the miner. Some pools also allow you to set your own threshold or initiate a manual payment, but be warned that payouts are subject to transaction fees.

Read more: What is a cryptocurrency wallet? Everything you need to know Managing costs and risks while mining Ethereum A common misconception among those new to the cryptocurrency ecosystem is that mining yields consistent and reliable revenue.

To that end, there are some key considerations and decisions to make before starting out. Here are a couple of things you should know as a new cryptocurrency miner. Graphics cards, especially more modern ones like the Nvidia series, are extremely power-hungry. If you live in an area with moderate to high electricity prices, this can quickly put a dent in your profits. The first step to estimating your efficiency is to figure out how much you pay your utility company.

In that case, mining will be a lot less profitable than if you lived elsewhere. For context, the global median electricity rate is around 13 cents per kilowatt-hour. This is why it is vital to dial in your overclock settings to the point of maximum efficiency.

How to calculate electricity costs An RTX , for instance, should consume around watts each. With power limiting and underclocking see Step 1 , you can bring that figure down to around W or 0. Factor in another watts to account for the rest of the computer, and you end up with a very approximate 0.

This is because mining rewards are paid out in ETH, and the responsibility falls on you to exchange that for US dollars. If you wait a month or even a few days, the dollar value of your holdings will change significantly. The cryptocurrency market is known for its volatility, don't let it catch you off-guard. Ultimately, however, you have to accept the risk that your mined rewards could diminish or increase in value by the time you liquidate them.

Cryptocurrency mining: How much money can you expect to make? How much money can you expect to make by mining cryptocurrency? There are simply infinite hardware combinations, and electricity prices too can vary significantly from one region to another.

Having said that, there are a few shortcuts to determining the profitability of your specific hardware setup. As mentioned previously, websites like WhatToMine offer a reasonably up-to-date estimate of potential earnings. However, keep in mind these numbers are calculated based on data from the past week or 30 days. In other words, nobody can guarantee future earnings. Like any other business venture, nothing about mining is set in stone.

Cryptocurrency mining also depends heavily on luck, so even if everything stays the same, your earnings may vary. The following screenshot, for example, represents a relatively modest mining rig. Notice how the earnings change a bit every day? Several factors could sway your profitability in the short and long term, including increased competition from other new miners such as yourself. If you have limited experience with the digital currency market, starting small and modest is a good idea.

This is because it can take several months for you to recoup your initial investment, especially if you overpay for the hardware in the first place. Absolutely not! Cryptocurrencies rely on miners to achieve decentralization, so the bar to entry is kept as low as possible. How do I liquidate my earned ETH rewards?

In the early days of cryptocurrency, most people sold their tokens to another individual directly for cash. However, a more convenient option would be to use a cryptocurrency exchange. Does crypto mining damage my hardware?