In many ways, this question depends on what will mine, that is targeting crypto-currencies. Mentioned earlier that it is not directly profitable to mine bitcoins. This is due to the relatively low performance graphics cards when working with encryption is adopted in the system of digital money. You can do otherwise. Should produce some alithina, that is, the fork, and after its production in the necessary volume change to bitcoin. This approach often allows to increase the speed of production, having fifty times more than in the case of direct generation of digital gold.
The image table
Choice is the fork that is most beneficial to fit into such a scheme, is not something difficult. You can use a Profitable Pool that represent the summary tables with the results of automatic calculations of value and the relationship between cryptocurrency and, respectively, sorted by most weekends for couples. The most informative and frequently updated pools can be seen on the website PoolPicker. Next, select the source of the information each miner determines itself. To consider when choosing a cryptocurrency miner that the situation on the market of cryptocurrency is changing very quickly trade that was profitable today, may be extremely dangerous tomorrow.
In addition to lighting is extremely important information, some pools can help to determine the choice of method of mining. For example, a resource NiceHash provides the ability to lease processing power of your computer. In practice, this means that the lion's share of technical and thematic problems of the organization of production takes over the site. Miner just allows you to use your computer to generate a given cryptocurrency. As a result, the efficiency increases and the load on the miner decreases. This option is beneficial suitable for beginners in the world cryptoeconomy or for those who put this question as an effective passive income with minimal loss of personal time for production.
Payments on these platforms are quite common, so the chance to get on the bad work of service is very small. The same NiceHash pays out income to the user four times a day. Many systems are limited to once per day or upon reaching some minimum amount on the balance sheet of the miner. In all other cases you should think about the trustworthiness of the resource.
How is mine?
For example we will setup process mining based on NiceHash. Similar pools are used the same way with minimal changes. For starters, will need Sgminer installed on miner computer. There are other clients on the similarity Sdmps NiceHash, but it often crashes with the error, one can only wait for new fixes. On the official website of Sgminer has the source code to compile or the finished version under Windows.
The mining process
The program allows you to create, and the accumulation of cryptanalytic is performed using the wallet. With MultiBit you can open the wallet for any cryptocurrency. The number of the purse that appears in the program, will be used as registration data for NiceHash.
Before you run the program sgminer.exe in the folder with the Executive file is supposed to create a file with the extension .bat and arbitrary name. Inside the file is written to the command to customize the output. A list of commands and their meaning can be as follows:
Sgminer -o stratum+tcp://stratum.nicehash.com:3333 -u 1FL7DA4QUTjuiMNeix2P3TDHvefnyw3Ek2 -p x –temp-target 80 –auto-fan
-o stratum+tcp://stratum.nicehash.com:3333 – address to access the pool;
-u 1FL7DA4QUTjuiMNeix2P3TDHvefnyw3Ek2 – registration data, the number of purse;
-p x – password-free form;
-temp-target 80 –auto-fan – sgminer yourself when it controls the cooler to optimize energy consumption;
-k zuikkis. To increase the efficiency of the graphics card, if the use mode kernelzuikkis. However, this approach is only available in test mode and while is not always. Better for the reliability of the experiment to calculate the rate of generation with this option and without it.
The rest of the file fill the configuration regarding the computer of miners. Thus, for each hardware tinctures are specified separately. On the program website there are examples of fill with which it is desirable to see.
For continuous generation of the best point and not one pool, but several. In practice, often orders one pool may result, and then the computer will be idle instead of generating new currency.
Photos of mining
Summing up in mining
Whether to mine or not is up to the user. Naturally the efficiency of generation decreases with each passing day. If the average performance computer to calculate how mine cryptocurrency at a rate of 1 mHash for one day, a bitcoin can be folded only after 130 days. It is at the moment. Earlier it was enough for only 40 days. The price of bitcoin during this time increased from tens of dollars to thousands. To a lesser extent of course, but similar trends can be expected from other cryptocurrency whose mining takes significantly less time.
When calculating profits, always keep in mind all costs incurred by the miner cryptocurrency. It's basically electricity and time. To estimate the cost of electricity is quite simple, in most cases this is 20% of the cost. Evaluation of the time this is purely individually. Don't forget that mining cryptocurrency is an alternative, to get precious cryptocurrency, and to participate in trade with their participation is the exchange of cryptocurrencies. They can be used not only to withdraw money in rubles or dollars, but also to conduct a full-fledged cryptocurrency trades in the same way as in the Forex market or the stock market.