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Getting Started with Ethereum Mining the video guide The good news is that getting started with Ethereum Mining is now easier than ever. You also do not need to manage clunky command line miners with manual instructions. For purposes of this guide, we are going to do a detailed walk-through of setting up and using the very popular Claymore Miner. Get the current version here from Claymore’s original Bitcointalk thread and then follow along with the steps in this video. If you’re new to mining Ethereum, this guide covers all the important facts in a simple, low-jargon way.
Ether take up a lot of electricity? A: If done properly, more money is earned by selling mined ETH than is spent on electricity. You can check out the profitability with our Ethereum mining calculator. A: GPUs are so much faster that CPU-mining is no longer profitable or worthwhile. Even entry-level GPUs are about 200 times faster than CPUs for mining purposes.
Q: What’s the best GPU to use for getting the most ETH for the least electricity? A: AMD cards tend to edge out similarly-priced NVidia cards in terms of efficiency. Q: Why point your GPU towards a mining pool as opposed to solo-mining? A: Unless you throw a fortune into mining hardware, your odds of generating ETH on your own are low. Pool-mining allow you to earn ETH in a regular and predictable way.