Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes only. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. Bitcoin mining is concerned with how transactions are verified and confirmed on the Blockchain network and this is done using special tools and equipment. A Bitcoin mining software works in collaboration with the relevant hardware to solve computational algorithms on the network and execute these transactions. Becoming a Bitcoin miner involves getting the best Bitcoin mining software.
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You can choose to run a full node as a wallet or use another wallet solution. An extensive list of wallet options is available on the ethereum. You can also choose an exchange. Note: You should always do your own due diligence when choosing a wallet provider or exchange. Set an account name.
This will be required for configuration. Now that you have a wallet and an f2pool account name, you can proceed to obtain the mining software for your mining device. You can also check our Mining Hardware Tools page to download the necessary software for setting up your device.
After you have downloaded your chosen mining software, uncompress it, find the start. Finally, save the start file and exit. All you need is the proper electricity setup to meet the power consumption requirements and a reliable internet connection. Use any modern browser that accesses the IP address of your machine, then connect to an f2pool server.
A miner with the mining account name oceanminer and a worker named bigfish1 who wants to connect to the NA server would configure his device as follows:. You are not locked into f2pool and can enter and exit the pool freely at any time. However, you will only earn mining rewards from f2pool while connected to an f2pool server.
How much you can earn is primarily based on how much hashrate you have. At any given Ethereum price, the biggest factor influencing your profits is your costs , which are highly dependent on your mining machines. As such, electricity and the overall cost of your hardware are the main factors that influence your costs. Mining difficulty , payout schemes , and fees can also affect your profits. You can use our calculator tool to easily estimate your potential revenue from popular mining machines.
When the coins in your account reach the threshold you will receive a payout within 24 hours. Due to the new fee structure after the London hardfork, the fee per transaction will be deducted before daily payments and will be recorded on your revenue page. Details about our payout method and fees can be found here. As long as your miner is submitting your hashrate successfully, the income will accrue in your account.
You may also monitor your hashrate on your dashboard. To view your real-time Ethereum mining reward records, sign in on f2pool website or the f2pool app , click Revenue on the top, and select Income Records to view. You can add or change your payout address in your Payout Settings. Users can change their ETH payout threshold and select from 6 different preset amounts, 0. The default threshold is 0.
Input your wallet and transaction details to find on-chain information, such as payouts from f2pool. If it is not easy for you to purchase a mining machine or spend time maintaining the hardware, there are platforms that allow you to rent hashrate. Learn how to use popular hashrate rental platform NiceHash to mine with f2pool here. If you run into any problems mining Ethereum, please feel free to reach out to our customer service team at support f2pool.
To stay updated with the latest Proof of Work news and developments, follow us on Twitter! What is Ethereum mining? Basic information Items info Website ethereum. The future of Ethereum According to the initial design of the network, Ethereum has had a long-term aim of transitioning to Ethereum 2. What hardware do I need to mine Ethereum? It includes support for the most popular mining solutions, and it will even benchmark your card to determine which one works best.
Even though some algorithms may perform better than others, we're going to focus exclusively on Ethereum hashing for now. This isn't an necessarily an optimal miner PC configuration, but it will suffice and is a closer representation to what most of our readers are probably using.
The most important factors for a mining PC are power and cooling, as they both directly impact overall profitability. If you can keep your GPU and other components cool, they'll last longer and not break down as often. Meanwhile, power can be very expensive for larger mining setups, and poor efficiency PSUs power supply units will generate more heat and use more electricity.
We've run these benchmarks using NiceHash Miner, looking at actual realtime hash rates rather than the results of its built-in benchmark. We tested each graphics card in stock mode, and then we also attempted to tune performance to improve overall efficiency — and ideally keep temperatures and fan speeds at reasonable levels. We let the mining run for at least 15 minutes before checking performance, power, etc.
It's also important to note that we're reporting raw graphics card power for the entire card, but we don't account for the power consumption of the rest of the PC or power supply inefficiencies. There's a lot to discuss with these charts, specifically, what do we mean by "tuned" performance? The answer: It varies, often massively, by GPU. After the initial article, we've updated and added more GPUs, but we've skipped the "stock" testing and only included our tuned results.
Let's talk about the big picture quickly before we get into the details. Modding those with better thermal pads, or buying a third party card, can boost performance and lower memory temperatures. That's because Ethereum hashing depends quite heavily on memory bandwidth. You can check out the power chart, but the overall efficiency chart is more important than raw power use.
Most of the cards are pretty close in terms of overall efficiency for Ethereum mining, though the additional GPU cores on the XT and XT ended up dropping efficiency a bit — more tuning might improve the results, particularly if you're willing to sacrifice a bit of performance to reduce the power use. Finally, we have temperatures.
These are GPU core temperatures, but they're actually not the critical factor on many of the cards. AMD's cards ran hot at stock settings, but all of the cards benefit greatly from tuning. The cards settled in at degrees Celsius, with GPU clocks fluctuating quite a bit.
This brings us to the main area of interest. Let's start by noting that every card model is different — and even cards of the same model may vary in performance characteristics. That's because EVGA appears to have put a lot of effort into cooling the memory. Let's take each card in turn.
Power use also dropped to W, is quite good considering the hash rate. If you don't mod the card to improve GDDR6X cooling, you'll typically end up at C depending on your card, case, cooling, and other factors , and the maxed out fan speed is not going to be good for fan longevity. Consider yourself warned. Again, maxing out fan speeds and memory clocks while dropping the GPU core clocks and power limit are key to improving overall hash rates. Which brings us toa card that we've since removed from the charts.
Then we overclocked the memory by MHz base clock, which gave a final speed of 20Gbps the Ampere cards run at 0. It's not ideal, but at these temperatures a 4C difference can be significant. Our initial results were poor, as these were the first cards we tested, but we've revisited the settings after looking at the RX series. We were able to add MHz, giving a You'd think that wouldn't be sufficient, but boosting the GPU clocks up to 1.
Performance was very close to the while using less power, making this the overall winner in efficiency. Our tuned settings ended up with higher clocks due to the factory overclock and more power use than the Ti Founders Edition, but basically the same hashing performance. The cooling on this card isn't nearly as robust as many of the other GPUs. The GPU clocks can go very high at stock, but the memory bandwidth appears to be the main bottleneck. Running with GPU clocks of 2. More importantly, power consumption took a massive dive, and efficiency improved to one of the better results in our testing.
But this actually isn't AMD's best overall showing. At the same time, power requirements dropped substantially, from W to W. However, the memory proves the deciding factor once again. That resulted in a MHz clock compared to MHz at stock, but fan speed was higher this time. Boosting the clocks back to 2. The efficiency looks good, but the raw hashrate is definitely lacking — it's only marginally faster than a RX 8GB from five years back.
After the testing we've completed, one thing we wanted to do was look at real-world profitability from mining. There's a reason people do this, and results can vary quite a bit depending on your specific hardware. We've used the optimal tuned settings, as well as power draw figures.
However, note that the power draw we're reporting doesn't include PSU inefficiencies or power for the rest of the PC. We're mostly looking at reference models as well, which often aren't the best option, but here's how our data compares to what NiceHash reports. There are some interesting results.
Our stance is that this is a Very Bad Idea tm. Not only will the fans make a lot of noise, but they're also destined to fail sooner rather than later. If you're okay replacing the card's fans in the future, or if you want to mod the card with better cooling pads in the first place, you can definitely achieve the NiceHash performance figures. Power use as measured using Powenetics would of course increase.
We were relatively close on the Ti performance, and our earlier power data showed much better results than NiceHash, but now those figures have been updated and are slightly lower than our measured power. The RTX meanwhile ended up with similar performance, but our power results were significantly higher — perhaps our EVGA sample just wasn't a good starting point. The current thinking for a lot of miners is that Nvidia's RTX series cards are superior to AMD, but that's really only true if you look at pure hashrates on the and Factor in power efficiency and things are much closer.
Besides, it's not like you can buy any of these GPUs right now — unless you're willing to fork out a lot of money or have some good industry contacts for building your mining farm. The principles we've outlined above generally apply to the older GPUs as well. We're going to skip all the baseline performance metrics this time, and just jump straight to optimized performance.
Note that outside of the RX and , and the three GTX variants, all of our tests were done using the reference models from AMD and Nvidia, which tend to be more of a baseline or worst-case scenario for most GPUs. We'll list our optimized settings below, but here are the results. Our Vega cards are also reference models and were far more finnicky than other GPUs. For Nvidia's Turing GPUs, performance again correlates pretty much directly with memory bandwidth, though with a few interesting exceptions.
Notice that the Super, Super, and Super all end up with nearly identical performance? That's not an error. The odd bit is that the Super requires substantially higher memory clocks to get there. Most likely the memory timings on the GDDR6 in the Super are more relaxed looser , so even though bandwidth is higher, bandwidth plus latency ends up balancing out.
The Ti and Super are basically the same speed, though we had better luck with memory overclocking on the Super. That reduces power use and temperatures and boosts overall efficiency. Stepping back one generation further to Pascal GTX series , the approach changes a bit. Maximum memory clocks are still critical, but core clocks start to matter more—the architecture isn't tuned for compute as much as Turing and Ampere. We got our best results by overclocking the GPU core and memory speed, but then setting a power limit.
Tweaking AMD's previous generation GPUs is a bit different, in that rather than limiting the power, the best approach is to tune the voltage and clock speed. Not surprisingly, the older the GPUs get, the lower the hash rates and efficiency become. Let's start with the previous generation and move back from there.
Move back to the Vega architecture and the large memory bandwidth that comes from HBM2 comes into play. But Vega was also a power-hungry architecture, and it benefits from turning down the GPU clocks. That gave mining clocks of MHz. Vega 64 and Vega 56 used similar settings, but half the memory capacity and bus width limits performance quite a bit relative to the Radeon VII.
Also, our results on the reference blower cards are probably far less than ideal—just about any custom Vega card would be a better choice than these blowers. We experienced a lot of crashing on the two Vega cards while trying to tune performance. And then there's Polaris.
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Find out what your expected ETH and USD return is depending on your hash rate, power consumption and electricity cost. Find out if it's profitable to mine. Our ETH mining calculator makes it simple and easy to quickly see Ethereum mining profitability based on hashrate, power consumption, and costs. Default inputs. Ethereum Mining Calculator ; Your Hashrate (MH/s): Power consumption (Watts): ; Power Cost ($/kWh): Pool Fees %: ; *Hashrate and Power consumption in Hardware.