BUT, the calculator also tells me it will take an average of 2, days for me to win a block! I myself don't see Ethereum, and most other crypto currencies, as good long term investments. So I conclude that a rig like mine is a waste of time for solo mining. I suppose a pool might be the answer if you don't want to build a big rig, but a laptop is pretty much out of the question even for a pool. Mining Ethereum these days is becoming more and more complex. Eth 2. However, questions about mining ethereum from your laptop have come up quite often, so I do my best to answer.
At some point, I'm sure when Eth was first released, this was possible, but these days, the DAG file and mining difficulty make it impossible to do with a CPU. Why you might ask, and in short, my answer to this is that's the way these blockchains are designed to evolve.
However, I want to back and state that even with having a laptop with a 6GB or better GPU, you should still proceed to mine Eth with caution. You can add ons items such as extra fans or install software that allows you to adjust the CPU fan speeds. Whatever you do, make sure the laptop is running in a room that is cool with lots of circulating fresh air.
I'm not saying you can't mine some form of a coin with a laptop and come out on top, but for Eth, you need alot of decent hardware to have a sizeable yield these days. Crypto Miner Tips is a free resource all about mining cryptocurrecny.
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Highest score default Date modified newest first Date created oldest first. Improve this answer. Jesbus Jesbus 8, 4 4 gold badges 27 27 silver badges 55 55 bronze badges. I agree with your suggestion. Thanks for the quick reply. In the PoW system, no one can erase or create fake transactions. PoW miners have to use their computational resources to solve hashes to verify transactions.
It is done to prevent double-spending. Proof of Work also helps you to ensure that the network functions without relying on any third party or middleman. Some of the Proof-of-Work functions miners execute include puzzles, integer factorization, merkle tree-based puzzles, hash sequences, and functions.
The completion of these activities helps in producing blocks, after which the network rewards the miners. How much money an Ethereum miner makes depends on several costs, including electricity consumption, fees, or the cost of hardware being used. Depending on the type of processes and hardware used, there are several different ways you can mine Ethereum. We will now cover each of them briefly. The decision you make will be based on key factors, such as whether you are willing to own a mining rig, or how much you intend to initially invest.
Particularly, it will also depend on the following factors:. However, one of the best ways that experts believe one can mine Ethereum is through an Ethereum mining pool. Pool mining Ethereum allows you to lower the volatility of your payouts. This is done by offering you smaller but more frequent payouts instead of a lump sum amount that you receive only after a block has been solved. Always try to choose a mining pool that provides you with the lowest fees and reliable terms.
So before you start mining, you need to look at the software requirements and the operating system you need. You will need. To choose appropriate mining software for Ethereum , check the following criteria to take your final decision:. Thus, joining a mining pool is the preferred way of making more money while mining Ethereum. The next step involves installing a driver for your graphics card.
If you have an AMD graphics card, you can download the driver from here. Alternatively, in case you have an Nvidia graphics card, you can download their latest drivers from here. The first thing you need to do is to join a mining pool. By using a mining pool, you are sharing resources which lowers the cost of running mining rigs. Depending on the quality and structure of the mining group, you chances of finding a block are massively improved.
For this guide, we have chosen Ethermine because it is arguably the most popular mining pool. To join the mining pool, all you need is your wallet address. There is no need to sign up which allows you to mine anonymously. You can choose a software or hardware wallet depending on your preferences. Security should be your priority while choosing the best Crypto wallet. You can select any cryptocurrency wallet that supports Ethereum. For this guide we decided to use Coinbase.
The next step is to select mining software. EasyMiner and Ethminer are two good examples. We are going to use Ethminer for this guide, which you can simply download from Github. To start the mining process, you need to create a BAT file. Go ahead and use that setting. Start by copying it from the website. Navigate to the directory where you have download the Ethminer software from Github. Name the file as startmining. Paste the above-copied information from the site into the batch file.
For this guide, we are using Asia as a main server and EU as a back up server. Cope the information as shown above from the site and paste it in the BAT file as shown below. Next, input your Ethereum Wallet address where you receive your mining fee.
Follow this by a dot and your mining machine name. Once you execute the batch file to start mining, it will take about two minutes. Once you see the hash rate appear on the console, the process has begun. Although pool mining is the most profitable method of mining Ethereum, many people still want to use their GPUs to mine.
The following guide will help you begin mining using your GPU. There are many mining clients you can download. You can download it straight from their official website. After installation is complete, launch the program. Next, click on register to begin the mining process.
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|Can i use my laptop to mine ethereum||Laptops, even gaming ones, have a way thinner profile, and the space inside is far more constricted. BUT, the calculator also tells me it will take an average of 2, days for me to win a block! It will go on until you keep the mining program open. Post as a guest Name. From the first S3 Virge '3D decelerators' to today's GPUs, Jarred keeps up with all the latest graphics trends and is the one to ask about game performance. Exodus Wallet Exodus is a desktop wallet that is intuitive and easy to use.|
|Us government sells bitcoin||Laptops are not designed to run at high load for long periods of time. Sign up to join this community. And most of the laptops do not have a GPU. I agree with your suggestion. However, before choosing a graphics card, you need to take into account the energy usage and the costs linked to the purchase itself. Also keep in mind that some are much easier to mine on a portable, such as Zcash and Ethereum to name a few, than others such as Bitcoin opens in new tab.|
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Open the EO Miner page in your browser. Watch how your balance will grow continuously. Some Gaming laptops do have high end cards, but with the considerable heat generated from mining there could be other impacts to your laptop so it's best to go with a desktop build. No. Just no. Without a GPU (a dedicated awesome GPU, not an integrated Intel UHD or an AMD Vega APU) there is NO possibility of mining Ethereum.