In many cases, your hardware option won’t be profitable. Second, you should run the benchmark, which will give you a good idea of whether or not using NiceHash is practical (or even possible) with your system.įinally, you should check out the profitability calculator to determine estimated earnings or losses.
#CGMINER TUTORIAL YIIMP PC#
If you’re unsure whether your PC can run the software, the best way to test this is to first download the miner.
Checking Support, Considering Profitability There are currently no plans to allow CPUs without these features/instruction sets to run NiceHash.
#CGMINER TUTORIAL YIIMP SOFTWARE#
The software supports CPUs with AES and SSE42 features/instruction sets. AMD graphics cards are not supported by NiceHash Miner, so you’ll need to download the NiceHash Miner Legacy instead.
#CGMINER TUTORIAL YIIMP DRIVERS#
In order for NiceHash Miner to be detected, GPU NVIDIA drivers 387.26 or newer need to be installed. Note that N iceHash Miner only supports desktop GPUs with CUDA compute capability 5.0 and above. The first step towards renting out space on your computer and earning cryptocurrency is to check whether or not your device meets the minimum hardware requirements needed to download the NiceHash Miner. It even has instructions for connecting to two different server locations: the EU and the US. This includes AMD GPUs, NVIDIA GPUs, and Linux build instructions. The good news is that the NiceHash website includes instructions for connecting the necessary ethminer software. Nevertheless, you’ll notice on the NiceHash website that Ethereum mining with this platform still relies upon Dagger-Hashimoto. Since then, Ethereum has upgraded to Ethash. Ethereum Mining AlgorithmĮthereum 1.0 once used Dagger-Hashimoto as its go-to mining algorithm. One potential downside is that various users have reported that the hashing rate might be lower with NiceHash compared to other options on the market. This also means that you have more versatility with NiceHash than without it. Essentially, the software removes a lot of the guesswork and strategy typically involved in choosing a specific algorithm and coin to mine. Ultimately, it doesn’t matter whether or not Ethereum is the most efficient option. With NiceHash miners, the process of choosing the optimal algorithm to hash can be automated. Is NiceHash an Effective Solution for ETH mining?Īccording to various online reviews, NiceHash offers one of the quickest and most convenient ways to mine Ethereum. This means that it supports Bitcoin, Zcash, Litecoin, and many others. In addition to supporting Ethereum mining, NiceHash also supports a variety of other mining algorithms. It has greater than 332,000 daily active workers, 109,000 miner users, 4,009,000 orders, and 192,000 BTC in payouts. Looking at the NiceHash website, the company boasts a lot of impressive stats. miners) of hashing power with buyers of hashing power. What Is NiceHash?īased in Slovenia, NiceHash is the world’s largest crypto mining marketplace. Whether you’re new to mining or an experienced miner looking to use NiceHash, here are a few things you should know about using this cloud mining software. NiceHash has become one of the most popular ways to mine Ethereum (ETH).
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