Crypto Mining

Spread the love

Cryptocurrency mining is the surest way to earn crypto coins.  Crypto mining hardware is needed to mine each mineable coin.  Every mineable crypto currency has a specific algorithm used to mine the coin from cpu, gpu, ASIC, or cloud mining power.

Cloud Mining

Cloud mining is buying crypto hashing power from a cloud mining farm.  Cloud mining farms are huge warehouses full of crypto mining hardware that sell or rent out the hashing power of their machines.  Cloud mining is the easiest way to start mining crypto currencies, but is pricier then buying your own mining hardware and has a longer ROI.  The upside to cloud mining is it is a hands off approach and you do not have to deal with the noise, heat, and upkeep of the mining hardware. 

Cloud Mining Providers

  1. Genesis MiningGenesis Mining is one of the biggest and best cloud mining providers.  GM provides many different cloud mining contracts including Bitcoin, Litecoin, Zcash, Dash, and Monero.  Use code "Pbf6Jy" for 3% off of all Genesis Mining orders
  2. HashflareHashflare is another large, long running cloud mining provider that offers smaller cloud mining contracts than Genesis Mining.  Hashflare provides many different cloud mining contracts including Bitcoin, Litecoin, Zcash, Dash, and Monero.  Use code "478CC13F" for 10% off of all Hashflare cloud mining contracts.

Crypto Mining Hardware

GPU's and ASIC's are the best crypto mining hardware to buy.  If you want to mine Bitcoin or Litecoin you will need an ASIC miner that is based on the algorithm of the coin you want to mine.  Ethereum and Zcash can be mined with a GPU.

GPU's For Crypto Mining

RX 480 & 580

ETH: 25-29 MH/s

ZEC: 300 H/s

Shop RX 480 & 580

RX Vega 64 & 56

ETH:  34 - 44 MH/s (56: 32-34 MH/s)

ZEC:  H/s

RX Vega 64 & 56

GTX 1060

ETH:  MH/s

ZEC: 309 H/s

Shop GTX 1060

GTX 1070

ETH:  MH/s

ZEC: 440-490 H/s

Shop GTX 1070

GTX 1080 & 1080ti

ETH:  MH/s

ZEC: 520 H/s (ti 760 H/s)

Shop GTX 1080 & 1080ti

ASIC Mining Hardware

ASIC miners are special hardware designed specifically to mine on a specific algorithm.  ASIC's are required to turn a profit when mining certain coins.  These coins include Bitcoin, Litecoin, DASH, and other coins.  ASIC mining hardware usually consume larger amounts of electricity to achieve their high hashrates.  

Cryptonight ASICs – Antminer X3, Baikal Giant N

Cryptonight Algorithm ASICs

Cryptonight mining ASICs are here.  CPU and GPU cryptonight mining is dead with the arrival of these ASICs.

 Bitmain Antminer X3:

  • Hashing algorithm: CryptoNight
  • Power consumption: 550W
  • Hashrate: 220KH/s

Baikal Giant-N:

  • Hashing algorithm: CryptoNight
  • Power consumption: 60W
  • Hashrate: 20KH/s

 

  • Hashing algorithm: CryptoNight-lite
  • Power consumption: 60W
  • Hashrate: 40KH/s

NEW Scrypt (LTC) Asic Miner: Innosilicon A4+ (vs Antminer L3+)

Innosilicon A4+ Scrypt ASIC Miner

The Innosilicon A4+ Scrypt ASIC miner provides a jump in efficiency over previous version Scrypt ASIC miners hashing at 620 Mh/s @ 750W.  How does it stack up against the Antminer L3+ scrypt ASIC miner?  Check out the video to learn the results!

A4+ Specs

  • Part Number:INNOSILICON A4+ LTCMaster
  • Hashrate:620Mh/s (+-8% performance, can be over-clocked at user’s risk)
  • Power Consumption:750W (+/-8%, normal mode, at the wall, with 93% efficiency PSU, 25°C temperature )
  • Size:(L)350mm*(W)125mm*(H)155mm
  • Net Weight:4.2KG (without PSU)
  • Voltage:+12V
  • Required rated PSU:1000W or above, 9 * PCI-E 6Pin
  • Cooling:air-cooled with 2 fans
  • Internet connection:Ethernet
  • Power supply connection:2 PCIE port per power board.

Hashflare Scrypt Contract Price Drops 40% + 10% Discount Code Thru Feb 18

40% Price Drop On Hashflare Scrypt Contracts

Due to the latest trends in the crypto and hardware market, Hashflare has dropped the price of their Scrypt cloud mining contracts by over 40%.   This means the new mining contract price will be just $4.20 per 1 MH/s!  Hashflare seems to adjust prices on their cloud mining contracts every month, so take advantage of the huge drop in price while you can!

10% Discount Code thru Feb. 18

For Valentines Day, Hashflare is offering a 10% off discount codes on all contracts.  From February 13 to February 18 you can use code "HF18SVALDAY" to take 10% off all your Hashflare mining contract upgrades.

Nicehash Hack Repayment Program

Nicehash Hack Reimbursement

Nicehash will begin reimbursing hacked funds on Feb. 2, 2018.  If you had a balance on Nicehash, you can enter the repayment program starting Febuary 2, 2018. Nicehash will move over your old balance to your current balance in parts.

Most Profitable Hashflare Cloud Mining Contracts 2018

Hashflare Mining Contracts:  Most Profitable To Least Profitable

Hashflare offers many different cloud mining contracts including Sha256, Scrypt, Ethash, and Equihash. I wanted to find out which one of these contracts is the most profitable.  For these profitability calculations, I used the closest to $1,000 of hash power without going under $1,000 for each cloud mining contract offered on Hashflare with BTC at $11,285 on January 22, 2018.   The profitability calculations will vary with the price of the coin being mined and difficulty adjustments, but as of the time I took the calculations, this is what I found to be the most profitable cloud mining contracts at Hashflare.

Hashflare Ethash (ETH) Mining Contracts

Based on current market conditions Hashflare Ethash cloud mining contracts mining ETH are the most profitable.  $1,012 gets you 46 MH/s of Ethash mining power.  This amount of hash power at current conditions makes around $5.19/day, $155.73/month with a break even of 194.95 days.


HashFlare

Hashflare SHA256 (BTC) Mining Contracts

Hashflare SHA256 contracts mining BTC comes in as the second most profitable cloud mining contract at current market conditions.  $1,012 gets you 4.6 TH/s of SHA256 mining power.  After subtracting the maintenance fee for SHA256 contracts, this amount of hash power earns about $4.28/day, $128.32/month, with a break even of 236.6 days.


HashFlare

Hashflare Equihash (ZEC) Mining Contracts

Coming in at number three is Hashflare’s Equihash mining contracts mining ZEC.  $1,000 of Equihash mining power gets you 500 H/s on Hashflare.  Based on current market conditions, 500 H/s mining ZEC makes around $3.80/day, $113.93/month, with a break even of 263.32 days.


HashFlare

Hashflare Scrypt (LTC) Mining Contracts

Hashflare Scrypt contracts switch to most profitable coin so earnings should be higher than listed.  These calculations are solely based on mining LTC.  $1,050 will get you 140 MH/s of Scrypt mining power.  Based on current market conditions and subtracting the maintenance fee, 140 MH/s mining only LTC makes around $2.99/day, $89.75/month, with a break even of 350.97 days.


HashFlare

Hashflare Scrypt Cloud Mining Just Got More Profitable

Hashflare Scrypt Cloud Mining Contracts

Hashflare's Scrypt cloud mining contracts have gotten more profitable.  Scrypt mining contracts will now automatically switch to the most profitable coin, making the cloud mining contracts more profitable.  Secondly, Hashflare’s Scrypt cloud mining fee is being cut in half.  Hashflare says, “We’ve got some excellent news to share. First, we’re glad to announce that starting from 19.10.17 you will be able to use our new Scrypt multipool that will make HashFlare mining even more profitable. Pool’s algorithm will automatically allocate hashing power to mine a variety of currencies, focusing on the most profitable at the moment of mining. Second, the restructuring of contracts, which happened in August, allowed us to reduce some of our costs. Along with the new multipool, Scrypt maintenance fee will be cut down in half. What does it mean? Taking today’s statistics, lowered maintenance fee and new multipool into the account, the payback period of your Scrypt contracts reaches 200 days!”

Join Hashflare HERE

Antminer D3 Review

The Best x11 ASIC Miner

The Antminer D3 Dash x11 ASIC miner is advertised at 15 GH/s at 1200 watts. Results are in and the Antminer D3 performs almost 20% better! 17.5+ GH/s at under 1000 watts.

Ledger Nano S - The secure hardware wallet