In this video I show you how to access vast amounts of mining power and use this hashing power on your favourite mining pools just like when you setup your regular home mining rig.
Link to Ethermine for hashrate validation
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HI MATE .. CAN YOU SEND ME EMAIL PLEASE TO MY YOUTUBE ACCOUNT HOW TO FIX OR SETUP GETHERIUM MINER AND WHERE SHOULD I PUT OR CHANGE SOME FONTS AND WHAT FONTS IN TXT. FILE TO START MINING TOMY ETH ADDRESS , I TRY MANY OTHER ALSO DOESNOT WORK NEED CODE OR CHANGE TXT FILES BUT WHERE IS CORRECT LINK AND WHICH FILE SHOULD TO EDIT I DONT HAVE IDEA I NEED YOUR HELP . MANY THANKS
Hello i tested nicehash and found it very nice but i was wondering something. it said i have Unpaid mining balance: 0.00035138 BTC okay but it has that Big B on the right and next to it says 0.00000000. how do you turn it from unpaid to paid?
thanks, useful material. I'm new to this and going to try it now. But anyone reading this; is this possible: If you have say 10,000$ and you but max hashing power shortest amount of time, maybe 1 hour. Is it not possible theoretically to make say 1-5% return in 10.000$ every few hours, and re-invest this 5-10 times a day?
Hey lee please recommend me the best pool which gives fair returns and match the calculation.Because last week i got looted by supernova pool whic did not give me the return as expected.i got only 20% of the return i expected. please help..its urgent
I tried this. it worked but I accidentally bought hash-power from EU to a US pool LOL worked but came out with a lot for stale shares or invalid ones. payed $25 usd in bitcoins, returned $17 worth of ethereum. well I think I'd just rather buy coin.
what I find odd is that they only pay you in BTC..it sort of defeats the purpose of you mining ETH (or any other cryptoC) if you get paid in BTC cos you eventually losing out on the market evaluation and price changes..?! (so the nice hash peeps are probably scooping in nicely on the exchange rates I'm guessing)
Lawson_TheGeekery I loved that game. But dont really have the time to play it anymore. maybe if I was mining asteroids but even still I'd have to check up on my barges and see if I died or not haha. I'll download the game again eventually
I have been buying hashing power at Nicehash these last days. On paper, it looks incredible. But there are those "delta" (check your order details) which you cannot control, who turns profits into losses. Such "delta" include a lot of losses between the miners (providers) and your mining pool. I am having a slightly better deltas by using suprnova pool for ETH, but it is still not profitable. Will continue studying this.
I did many test runs of buying hash power on NiceHash, mining ETH using Ethermine, Mining Pool Hub, and Nanopool. I made a small profit on some but also lost even more on others. I gave up, not worth the hassle/risk. NiceHash takes a 4% fee right off the top so it's hard to make a profit. You simply will not mine the amount of coins you expect to for the price paid.
Hello friend, I have asus gtx 1060 3Gb total 6 cards running on windows for LBRY mining . 5 cards are producing 185 MH/s but one card is on 135MH/s and sometimes below that. How to increase power of this card. Currently I have installed MSI Afterburner.
EXCELLENT! the most explained video ever, i am not a technical person for this kind of stuff, i am an investor and hate to ask you this, could you please help me understand -
i want to invest 1 BTC/day, how much ethereum will i get per day based on present condition?
While it will probably work (just as betaRigs in the early days of altcoins), renting a rig will always be a loosing scenario. With the money you spend to rent the rig/hashing power you can buy more coins directly from a coin exchange. Noone in the right mind would rent his rig for less than he could mine himself.
Watched the video, thanks for making it. So you got a boost by paying for a large amount of mining for a short period of time? Was this beneficial, such as jumping in on max processing at a time BTC was high? Is it more cost effective to use nicehash over buying your own rig?
The video was for demonstration, its possible to earn using this method but its quite complicated due to the constant change in currency rates and earning rewards and also luck of the pool. I prefer building and running my own hardware because it gives more options and control that leasing hashing power.
I think the elite Bankers are backing Etherium and other alt coins in order to dilute and compete with the strenth of Bitcoin. I think they have no control over Bitcoin because it snuck up on them. They cant buy up and corner the shares with their printed fiat currency because its already one world wde.
I think its to late for that because number 1 its world wide now. Number 2if they go in and try to start buying up all the bitcoins it will signal to other deep pocket entities (there are other people in the world that have loads of fiat currency also) and not only the race would be on but also everybody that already owns bitcoin would be getting rich so more people would want to buy in. This would push Bitcoin right into place as the defacto currency...............More reasonable if you are elite bankers to build up other currencies around bitcoin to strangle it out if the masses are that stupid. Ad the masses just might be that stupid
Hello, thank you for that great video btw!
Can you explain to me why when my order is live it keeps going to the dead section and after some time it goes back up to the live section all the time?
I configured my pool settings just like you explained in your video...
Thank you again!
You would have to log into your mining pool and configure it to artificially increase the difficulty by quite a bit for that one specific worker you're using. Basically it's used to like 6x GPUs so it sends a 100 million times easier calculation target to reach to prove you were mining that whole time even though you didn't solo-solve an actual block. When you're using the equivalent of hundreds of GPUs on one miner, they would solve the "proof of work unit" too quickly and the transmission time proving it and request for a 2nd proof of work unit would go by far too quickly and you'd effectively lose a HUGE percentage of your performance. So you need to set it at like 1 million times easier than a block difficulty so that it takes more like 60 seconds to solve a proof of work mini-block instead of 0.1 seconds or whatever.
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