GeneralEthereum & CPU mining guide
Posted:

GeneralEthereum & CPU mining guidePosted:

r00t
  • Administrator
Status: Offline
Joined: May 18, 201113Year Member
Posts: 16,414
Reputation Power: 24459
Status: Offline
Joined: May 18, 201113Year Member
Posts: 16,414
Reputation Power: 24459
You should be mining Ethereum if your graphics card has more than 4GB VRAM.

Profitability is extremely high and it won't last forever. Your power is not too expensive, your hardware will not be damaged, little heat is produced, and you can use your PC while you mine.

Check your profitability with whattomine.com


Easy mode

nicehash.com

NiceHash is easy and takes a large chunk of your profit. Keep reading to make more money.


Get an Ethereum wallet

Transfer ETH as little as possible. A fee is paid to facilitate transactions and "gas" prices are high. Check gas prices at etherscan.io/gastracker#historicaldata



Choose a pool

It's too hard to mine blocks by yourself. Pools split the work and pay you for completing shares. Enter your wallet address once you've started mining for stats.

Flexpool - flexpool.io - My recommended pool. Choose Polygon payouts to avoid high ETH transfer fees.

To liquidate most efficiently, mine to MetaMask, and swap to the BSC (Binance Smart Chain) from Polygon with bridge.evodefi.com or xpollinate.io using your Binance exchange wallet address as the destination.


Choose a miner

Use the ethash algorithm to mine Ethereum on your graphics card.



Set it up

Read the miner docs to set up the batch file that launches the miner or use this tool: hashrate.no/options

t-rex.exe -a ethash -o stratum+tcp://eth-us-east.flexpool.io:4444 -u YOUR_WALLET -w 1



Overclock

It's generally best to reduce core clock, reduce power limit, and increase memory clock for Ethereum.

Install MSI Afterburner: guru3d.com/files-details/msi-afte...nload.html

Easy settings: hashrate.no


For more cards

PCIE risers: parallelminer.com/product/ithoo-u...-24-cable/

These are the ones you want.


Used 750w Platinum HP server PSUs are the best deal: ebay.com/sch/i.html?_from=R40&...mp;_sop=15

Cheap server power supply bundles with cables: parallelminer.com/product/hp-1200...ining-psu/

Buy the Parallel Miner bundle with 16 cables. It's the cheapest way to get good PCIE power cables.

You need to be at ~50% load. For more wattage on 110v, use multiple server PSUs with chain sync breakout boards.


Triple PCIE power splitter: parallelminer.com/product/18awg-p...pin-cable/

Run only one cable for most cards. Cheaper than three more cables.


PSU module: parallelminer.com/product/160watt...er-supply/

Eliminates need for regular PC power supply.


No need for cases or special racks. Use a wire shelf like this with cardboard under the motherboard.

target.com/p/3-tier-wire-shelf-ma...A-53330150


Mining operating systems:

hiveos.farm
minerstat.com
raveos.com

One free worker each.

CPU Mining
Can be worthwhile on newer CPUs. Check your CPU's RandomX and GhostRider performance: xmrig.com/benchmark cryptocompare.com/mining/calculator/xmr mineraptoreum.com/


Get a Monero (XMR) wallet

getmonero.org/downloads/ - I like the GUI wallet. Save your password and backup the files.

tradeogre.com/ - I recommend TradeOgre to exchange XMR.


Pool

Monero Ocean automatically chooses the best algo for your CPU and switches based on market conditions. Pays XMR.

moneroocean.stream - Enter your wallet address


Miner

Use MoneroOcean's XMRig fork: github.com/MoneroOcean/xmrig/releases

start /min xmrig.exe -o gulf.moneroocean.stream:10128 -u YOUR_WALLET -p %computername%


Right-click xmrig.exe, click Properties, select the Compatibility tab, and check Run this program as an administrator". Reboot after first run.


Last edited by r00t ; edited 27 times in total

The following 22 users thanked r00t for this useful post:

Ghost (08-21-2023), Nathan (12-23-2021), Starify (12-23-2021), Mazur (11-28-2021), 2Pac (11-23-2021), Forest (10-13-2021), imgur (08-12-2021), bartii (07-13-2021), Agony (04-26-2021), FinancialChad (03-26-2021), XeCrippy (03-25-2021), Rodent (03-15-2021), Chosen (03-09-2021), Golden9999 (02-22-2021), 21 (02-22-2021), Dont (02-20-2021), PostMalone (02-20-2021), Saki (02-20-2021), kim (02-15-2021), PDC (02-15-2021), TTG (02-15-2021), Wraith (02-15-2021)
#2. Posted:
PDC
  • Winter 2020
Status: Offline
Joined: Apr 27, 201014Year Member
Posts: 1,469
Reputation Power: 5419
Status: Offline
Joined: Apr 27, 201014Year Member
Posts: 1,469
Reputation Power: 5419
Thank you for posting this. I am going to look into it.
#3. Posted:
TTG
  • Blind Elite
Status: Offline
Joined: Mar 10, 201410Year Member
Posts: 5,195
Reputation Power: 12850
Motto: 2009-2024, The Tech Game, Ltd.
Motto: 2009-2024, The Tech Game, Ltd.
Status: Offline
Joined: Mar 10, 201410Year Member
Posts: 5,195
Reputation Power: 12850
Motto: 2009-2024, The Tech Game, Ltd.
I took the easy route and made 4 cents haha

https://gyazo.com/870ba5142f1d703227de36842c51f40b.png
#4. Posted:
Kanna
  • Summer 2020
Status: Offline
Joined: Jan 20, 201311Year Member
Posts: 1,071
Reputation Power: 1833
Status: Offline
Joined: Jan 20, 201311Year Member
Posts: 1,071
Reputation Power: 1833
Always been wary of damaging my hardware when mining.

Currently running a 3080, worth a try?
#5. Posted:
Redacted
  • Comment King
Status: Offline
Joined: Mar 02, 201410Year Member
Posts: 4,741
Reputation Power: 6053
Status: Offline
Joined: Mar 02, 201410Year Member
Posts: 4,741
Reputation Power: 6053
Left it running overnight and made a dollar and a half lol
#6. Posted:
kim
  • Administrator
Status: Offline
Joined: Jul 28, 201212Year Member
Posts: 6,305
Reputation Power: 30104
Motto: existence is futile
Motto: existence is futile
Status: Offline
Joined: Jul 28, 201212Year Member
Posts: 6,305
Reputation Power: 30104
Motto: existence is futile
Kanna wrote Always been wary of damaging my hardware when mining.

Currently running a 3080, worth a try?
Absolutely!
#7. Posted:
Tele
  • Winter 2019
Status: Offline
Joined: Jan 30, 201410Year Member
Posts: 1,955
Reputation Power: 324
Status: Offline
Joined: Jan 30, 201410Year Member
Posts: 1,955
Reputation Power: 324
I tried it for a while with a 3080, it just wasn't profitable enough (at least short term). If you invested in it left it in there the price of ETH might shoot up.
#8. Posted:
r00t
  • Administrator
Status: Offline
Joined: May 18, 201113Year Member
Posts: 16,414
Reputation Power: 24459
Status: Offline
Joined: May 18, 201113Year Member
Posts: 16,414
Reputation Power: 24459
Tele wrote I tried it for a while with a 3080, it just wasn't profitable enough (at least short term). If you invested in it left it in there the price of ETH might shoot up.

3080 profit is currently about $13 a day for about $0.50 of electricity.
#9. Posted:
Kanna
  • Fairy Master
Status: Offline
Joined: Jan 20, 201311Year Member
Posts: 1,071
Reputation Power: 1833
Status: Offline
Joined: Jan 20, 201311Year Member
Posts: 1,071
Reputation Power: 1833
r00t wrote
Tele wrote I tried it for a while with a 3080, it just wasn't profitable enough (at least short term). If you invested in it left it in there the price of ETH might shoot up.

3080 profit is currently about $13 a day for about $0.50 of electricity.


But surely it damages or at least puts a hell of a lot of strain on hardware right?
#10. Posted:
r00t
  • Administrator
Status: Offline
Joined: May 18, 201113Year Member
Posts: 16,414
Reputation Power: 24459
Status: Offline
Joined: May 18, 201113Year Member
Posts: 16,414
Reputation Power: 24459
Kanna wrote
r00t wrote
Tele wrote I tried it for a while with a 3080, it just wasn't profitable enough (at least short term). If you invested in it left it in there the price of ETH might shoot up.

3080 profit is currently about $13 a day for about $0.50 of electricity.


But surely it damages or at least puts a hell of a lot of strain on hardware right?

Not really. The hardware will be old before wear from mining or overclocking has any effect. Just don't push your memory too hard.
Users browsing this topic: None
Jump to:


RECENT POSTS

HOT TOPICS