Hardware for Ethereum Mining
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Loading... - Raissa Kana
- 25 Aug 2022
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So, you want to get your hands on ether but the speculations that come with buying it are not really your thing? Good, you can instead get your hands dirty with mining, if you allow us to show you how to choose hardware for Ethereum mining. Yet...
So, you want to get your hands on ether but the speculations that come with buying it are not really your thing? Good, you can instead get your hands dirty with mining, if you allow us to show you how to choose hardware for Ethereum mining. Yet, before you run to the nearest PC hardware store, you better make sure you actually know how to mine Ethereum (ETH) which is as important as having flashy hardware.
So, what is Ethereum mining? If you managed to grasp the concepts of blockchain and Ethereum itself, Ethereum mining should be no mystery. In essence, your PC is used as a tool for solving complex cryptographic puzzles and math equations on Ethereum network. Upon successful completion of these tasks, you can unlock transaction blocks and receive your reward in form of Ethereum.
In order to achieve this, the key component of the hardware for Ethereum mining is your PCs GPU (graphics processing unit) i.e. graphics/video card. Yes, the very same thing you use to play all of those games. Why not CPU, then? The reason is simple, as even entry-level graphics cards have significantly better mining performance than more powerful processors, making powerful GPUs the one and only option for Ethereum mining.
So, once you get your digital wallet and update GPU drivers, you are good to go? No, you still need to install Ethereum mining software and a client program you'll use to connect to the Ethereum network and communicate with it. After you install the client alongside the mining software (such as Ethminer), you can start stuffing your virtual pockets with Ethereum. Read More...
