Monitor and manage your rigs with a help of unique features, such as ClockTune, profit switch, control room, and more. Download and install minerstat for Windows and login with your access key and worker's name. With ASIC Hub, you can monitor and manage your Antminer, Avalon, Whatsminer, Innosilicon, and other major ASIC brands with ease. In this post, I’ve crunched the numbers to see what is the maximum profit you can make from mining Monero and the results don’t look great. Using the most efficient CPU on the market today the most you will be able to make is 30 cents per day.
For more experienced computer users, a good option is to install the free operating system Linux, and make use of one of the text-only programs, for example CGminer. TechRadar does not endorse any specific cryptocurrencies or blockchain-based services and readers should not interpret TechRadar content as investment advice. Our reporters hold only small quantities of cryptocurrency (under $100 in value), as is necessary to perform wallet and exchange reviews, and do not hold shares in any publicly listed cryptocurrency companies. General free pool whitelist resource for your mining rigs and network/firewall settings. In most cases, mixed rigs do work with minerstat, but they are more sensitive and have less options when tuning and optimizing.
Which pools are supported?
Mining at $5 per day is less enticing, and $2 per day or less looks pretty awful. And yet, from August 2018 up until July 2020, Ethereum mining with 100MH/s would have netted less than $2 per day. This post focuses on Monero mining software only and is part of my series on Monero mining. You can check out the other sections of this series that delve into Monero mining topics such as mining rigs, best CPUs, RAM and other hardware, profitability, and calculators at the end of the post. Profit switch is an advanced feature that we offer for free to all of our users. Awesome Miner was developed by Swedish software company IntelliBreeze in 2014 as a cryptocurrency mining management application for Windows machines.
This is much easier to use than pure solo mining, but without a decent amount of hashing power it will take quite some time to reach the point where you get the rewards from mining a block. Also, you still end up paying a small pool fee, usually 1%, at which point you should probably just go back to a mining pool with steady payouts. Once launched, the first time it runs, NiceHash Miner will benchmark your hardware using various common mining (hashing) algorithms. Which algorithms and software get tested varies a bit by your GPU, and you can customize things quite a bit. The idea is that NiceHash Miner will choose whatever is currently the most profitable coin to mine, based on what people are willing to pay to rent your hardware. Sometimes a new coin will launch, or someone will want to dedicate a lot of mining power at a specific coin, and they'll pay more to do so.
Monero Mining Software to avoid
Next, we differentiated between the best mining software for novices and those for advanced power users. Mostly this broke down into the type of interface (command-line versus GUI) and the ability to either automate or customize mining features. Monitor, manage, and optimize your mining rigs with our powerful platform. Discover the best GPUs for mining based on profitability and hashrates. Stay on top of the mining market with minerstat's profitability calculator. Although it’s Linux-based, CGMiner is cross-platform compatible and can run on Mac and Windows computers.
- The downside is that without a massive farm, you'll very likely end up getting nothing.
- Generated file can be used to bulk-import all devices to your minerstat dashboard.
- For example, in a brief test QuickMiner suggested we "could be making 16% more" by using NiceHashMiner (which we'll get to next).
- You can use minerstat for Windows on personal computer, but we don't recommend it.
- Alternatively, there's plenty of room left for future growth and spikes, but that's just speculation.
You'll get paid in Bitcoin, which you can then trade for Ethereum if you want. That's not necessarily a bad thing, considering BTC is the largest of cryptocoins, but if you want ETH you'll need to take some extra steps. The other downside is that NiceHash takes a cut of the amount paid, and the net result is generally lower payouts than mining Ethereum yourself. Currently, direct Ethereum mining should pay about 7% more than NiceHash.
Mining benchmark
That's a pretty big mining fee, though again the ease of use with NiceHash is hard to overstate. The goal here is centralized management, for maximum efficiency, and in turn, profitability. This software allows for profit tracking, as it can track real time revenue and power consumption. Downtime is minimized through automatic recovery to get up and mining seamlessly. Now that we've talked about temperatures and fan speeds, let's talk about overclocking — or even underclocking and undervolting. While tuning memory clocks, you want to pay attention to long-term hash rates.
- Currently, direct Ethereum mining should pay about 7% more than NiceHash.
- Please note that the GPU index number may be different across different mining software.
- One of BFGMiner’s most popular features is its support for mining multiple cryptocurrencies at the same time.
- This software allows for profit tracking, as it can track real time revenue and power consumption.
- Mostly this broke down into the type of interface (command-line versus GUI) and the ability to either automate or customize mining features.
Instead of mining Ethereum 24/7, you might occasionally run some other algorithm, and it's all managed by the software, which usually (but not always) manages to do a good job. The initial benchmarks on NiceHash Miner can be a bit prone to error, unfortunately. That's because the tests are only https://www.tokenexus.com/mining-benchmark-software/ run for a minute each, and as your GPU heats up it may also slow down. That means the first algorithm benchmarked often ends up with an inflated result. You can get a better estimate of performance by using the Precise mode (on the benchmark tab), which takes twice as long to benchmark.
Efficient Bulk & Farm Management
RXBOOST can be used with Claymore's Ethash mining client by adding parameter -rxboost 1. Keep up with the updates and receive real-time support from our developers. When the benchmark starts, you will be able to open it and monitor the progress in real-time (the page will auto-refresh). Also, XMR rewards are first consolidated in the pool admin’s wallet. In theory, a pool admin could use the combined hash rate of its pool members to attack the Monero network.
