If you’re choosing a frame for your mining rig, remember, it secures your hardware and it should contain minimal to no metal as the conductive nature of metals can affect the performance and health of your mining rig.
Dear Miners, Our support team is putting its best foot forward to make sure all your queries are handled in time and efficiently. To play your hand into speeding up the process, please follow these simple 5 tips below.
Everyone’s heard about blockchain but I bet you can’t say the same about sidechain. Sidechain is a mechanism that allows digital assets from any blockchain to be used on any other blockchain and moved back if needed. It’s used when one wants more flexible blockchain solutions.
To get the highest profit while mining, do a research on which coin(s) you think will increase in value. In terms of pure math, you can input your hashrate into a mining calculator and get an estimate of daily coins and dollar value earned. Try the WhatToMine and MinerGate mining calculators.
There are several key concepts every miner should know, including the difference between mining pool and mining farm. Mining farm is a place where a large number of computers and servers are solving the complex cryptographic problems. Mining pool is a union of cryptocurrency miners who combine their computational resources over a network and split […]
CPU is a Central Processing Unit while GPU – Graphics Processing Unit. CPU is better used for mining low difficulty cryptocurrencies, for instance, Cryptonight protocol coins, like XMR (Monero) or BCN (Bytecoin). GPU can literally mine any coin available in the market, but the profit will depend on a variety of factors.
When you choose a mining GPU you should always take into account the memory offered by the GPU as well as your energy needs and costs. Try to mitigate your initial costs to maximize your profits and start making your initial investment as soon as possible.
If you mine any cryptocurrency like Bitcoin or Ethereum, note that it’s more profitable to connect to a mining pool, as the difficulty of coins grows exponentially.
Always enable 2-factor authentication. If you don’t, you’re increasing chances of getting your account hacked. Otherwise, someone could break your password and walk away with your coins!
To achieve the highest profit, try mining different coins, see differences in terms of hash rates, share speed, and coin balance. Test the different reward schemes – PPS or PPLNS. Experiment around.