Ethereum Classic The Bitcoin of smart contracts Ethereum Classic is an open blockchain that all are welcome and free to use. We believe in distributed ownership.

“The” SET-UP. You could mine with any PCs or Laptops but it's not recomanded as they are not tweaked for Hashing power/$ (power usage cost) plus, there is the heating problem for the in-case airflow! Therefore, bellow you will find the standard setups for both Desktop PC and Mining Rig. Desktop or Laptop.

Most Efficient Way To Mine HTMLCOIN HTML on this page. We believe that for a blockchain to succeed it must be decentralized in network, technology, community, and leadership. There is no group that can take away your right to use ETC how you choose.

On many blockchains, despite their 'decentralization', a small few hold the ability to change how your contracts work and control your money. On ETC we have taken great care to distribute our blockchain stewardship such that no one group controls ETC. Our highly decentralized ecosystem means that ETC does not have the same centralization issues of other blockchains.

Website: ETC Community Forums • ETC Community Chat: • Twitter: • • Telegram: • (English) • (Russian) • (Russian) Network Status: • (Live network stats) ETC Nodes: • • (Run: $ parity --chain=classic) • (In development. Testnet only) Block Explorers: • • • ETC Resource Sites • • • ETC Wallets: • (Web Wallet) • (Web Wallet; Choose ETC top right) • (Built in ShapeShift) (Desktop Wallet; BETA) • (Desktop Wallet; BETA) • (ETC Chrome Plugin) • • • • • (Buy & Store ETC) • (Built-in Exchange) Help the project! Getting things done in a decentralized project is all about. Ask around on for what needs to be done., or contribute to existing ones: • • • Learn: • • • • • • • • • Core Development Teams • • • Discuss: • • • • Trade ETC: • • • • • • • • • • • • • • • • • • • & ETC Mining Pools: • • • • • • • • • • • • • • & Community Guidelines: • Follow and. • Please behave in a courteous & professional manner.

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Create a wallet. There are a number of ways, and my way might not be best for you, but we'll go with what works best for me.

If you have a better way, please suggest in comments and I'll add it. Choose a strong password that consists of at least 12 characters and contains letters, numbers and special characters like!@#$%, write this password down and save it. Click 'Generate'. After that you should see your generated wallet info.

Save everything. The JSON file in encrypted and in unencrypted format.

Save your private key as well as your wallet address in a safe place. Also save the QR codes in PDF format. Never give out your private key or JSON files. You can now receive ETC on this address, and send ETC to other wallets by logging in to, uploading your JSON file and entering your password and then clicking on the 'Send Transaction' tab. You can use this JSON file and open it up in Mist when the Ethereum Classic developers finish forking the wallet. (Don't run Mist yet, unless you know how to force it to use the ETC chain. There are a number of guides that show you how to do this) Be careful that you only go to classicetherwallet.com and not another site trying to fish your details.

ClassicEtherWallet runs client side, so they can't steal your ETC or your details. But if you're paranoid you can also use the ETC address at your Poloniex exchange account and mine straight to that. The general idea is to split up your funds into a number of wallets,and on a number of exchanges, that way if one is compromised you minimize damage.

I have a rule never to keep more than $500 worth of any Cryptocurrency in one wallet. If your exchange or wallet provider is hacked, it minimizes the chance of you losing.

Get Claymore Ethereum miner running Go here: Claymore now supports AMD and Nvidia cards. So extract the downloaded file and open the folder up. Now we'll quickly make a batch file to make it easier to run each time: Open a new text document in the extracted folder and paste the following in there: EthDcrMiner64.exe -epool etc-eu1.nanopool.org:19999 -ewal 'YOURADDRESS'/'WORKERNAME'/'EMAILADDRESS' 'YOURADDRESS' is your Wallet address (from the wallet created earlier remember?) 'WORKERNAME' is a name so you can identify each system from eachother, make it anything you want. 'EMAILADDRESS' is your email.

It can alert you if your mining system goes down. Do not include the quotes ' Remove them. Now save the text file you pasted all that in with your info edited and save it as a.bat extension in the same folder as EthDcrMiner64.exe. Now you can right click the.bat file and click Send To >Desktop as a shortcut. If you've done everything as explained you should now be able to double click it and it will start mining.

I suggest you update your GPU drivers to the latest and install the following tools: 3. Pool Choices My Claymore batchfile is set to mine to nanopool, but you can choose from a number of pools. You can see what you prefer by going here: This is also a valuable tool to see the mining allocation of pools (suggested by ): There are a number of features that each offers, but I prefer nanopool.

Monitoring Now if you want to monitor your mining progress, see hashrate estimates and your earnings so far, go here: (This is for nanopool if you used my settings above for the batchfile, each pool will have their own page similar to this) Then paste your wallet address in the search bar on top. It will give you your mining info and a graph of progress.

To check your GPU temps open up MSI afterburner. Its the best GPU tool out there. You can also use GPU-Z to monitor your GPU temps voltages. Suggestions If you have anything to add to this guide, please do so by commenting below and I'll add it. Join us in chat on the Ethereum Classic Discord chat I've made here: If you want to buy me a coffee or beer, do so by sending me some ETC here: 0x07A3E81101f870A50072FbD5Ff4825c759b06771 • • • • •. Well, I believe the majority of the difference would be because Ethash (the PoW algorithm used by the Ethereum protocol) is memory bound, while blake2b (PoW used by Sia) is compute-bound.

That being said, in my experience, a 4MB GTX 980 should be doing significantly more Mh/s - are you dual mining ETC and SIA, or getting 4-5Mh/s even when you're only mining ETC? I haven't used Claymore, personally, does it specifically support CUDA, or just do OpenCL on NVIDIA cards?

I know genoil's Ethereum miner specifically supports CUDA, dunno if OpenCL vs CUDA is necessarily where your performance issues are coming from, though. That, or you could try. That being said, looking at the FAQ on the CUDA miner, it sounds like it might just be a Windows 10 issue: Why is my hashrate with Nvidia cards on Windows 10 so low? • The new WDDM 2.0 driver on Windows 10 uses a different way of addressing the GPU. This is good for a lot of things, but not for ETH mining. Additionally, if you can tune the dual-mining, it might be the case that you can get 850-900Mh/s on Sia, while still getting 4-5Mh/s on ETH/ETC, but you'd probably have to play with it a bit.

How do we start mining ETH or ETC with our own equipment at home today? Will you read this post because it shows how easy it is to get started mining with a small investment in equipment and the willingness to learn how to set everything up and explains what steps are needed to decide if investing in the time and equipment for mining? With the Ethereum price over $300 today and the Ethereum Classic price at $20, the opportunity to mine Ether is now extremely profitable! Even as Ethereum prepares to go to a Proof of Stake model at the end of 2017 or beginning of 2018 which will greatly reduce the possibility of making a profit mining, any mining rig built to mine Ethereum could easily be switched to start mining ETC or another coin after the switch with a huge potential to profit before!

In this post or the matching video on YouTube below, see an introduction to what research and purchases are necessary to begin. While I thought mining any cryptocurrency was too technical for me, I now see getting started on a small scale is relatively straightforward with scaling up possible with confirmation the initial system is working. The GREAT NEWS is that making a very basic and functional mining computer system can be done for less than $1,000! Once we verify it works, the motivation will come to scale up the system into one that easily can produce $200+ a day in profit with current Ethereum and ETC prices as explained in the YouTube video from today below along with in more detail in text below that. In summary, using a new or used Windows or Linux machine to begin just for mining seems ideal because this will be the only need and function of the computer. For a few hundred dollars, buying a new machine to just do mining is the most basic starting point. Next, buying a small amount of graphics cards to get started is the next step to verify the mining setup is working and to get an idea of the costs to scale.

While the idea of dropping $20,000 to make a mining setup that produces $13,000 a month seems like a big risk, how about starting out with $1,000 in graphics cards to produce $600 a month to verify everything works? After confirming the setup is working, then it is logical to slowly scale up by adding more graphics cards and machines steadily over time using the profits generated as proof that more is possible with more power.

While I would not start off spending much without any proof I could actually set it up correctly, after confirmation that I could indeed build a mining machine that worked, I would be motivated to build more. The real opportunity to earn much more than $200 a day is to learn how to build mining rigs for Ethereum and other cryptocurrencies. Once we have the system down, we can just keep building more over time and then the money comes in on autopilot! Bitcoin Cash BCH Mining Pool Server Software. This seems ideal compared to paying into a mining pool where another company is likely earning a significant share of my profits and maintains control over all of the machines. What are the steps to start mining Ethereum or ETC? • Read an introduction to mining Ethereum at which seems to currently be the most profitable to mine today. • Read another post with a summary of all the steps.

• Visit the daily profit estimate tool I used. • Compare with ETC profit at or any other altcoin to see which is currently the most profitable to mine based on the price. After the ETH switch to PoS, mining another coin will be necessary but by then all the equipment should be paid for!

• Learn about graphics cards because they are responsible for most hashing power. A list to get started is available at which will help with learning but then also show you that most of the ones already proven to work well for others are sold out! • With a few hours of research, the single best graphics card I found for the money which is actually in stock and has same day shipping for me is the EVGA GeForce GTX 1050 Ti SC GAMING, 4GB GDDR5, DX12 OSD Support (PXOC) Graphics Card 04G-P4-6253-KR on Amazon. I chose this graphics card because all the others I looked at for a better value were sold out! The EVGA GeForce GTX 1050 Ti SC has SAME DAY delivery near me with an estimated hashing power for ETH at 12 MH which equals repayment in less than 2 months at the current price for Ether! If I was starting today this is what I would begin with by ordering 2 to 8 of these. I am not starting today because I have a trip coming up next week and am considering beginning Ethereum mining and/or being a Steemit Witness in late June 2017.

• Using a dedicated Windows or Linux desktop PC is ideal for mining because it keeps the computer free from any other slowdowns and keeps existing devices free for normal use. Fortunately buying the machine to run all the GPUs on is a small part of the total expense. Read to get a good look at the parts required for the computer. • Order the minimum initial parts to get started to build the desktop mining rig OR test this out on your existing computer if you have good enough graphics cards and want to start today!

Note that in calculating the cost you will want to account for a maximum of 10 to 16 graphics cards per PC! The beauty of this system is once we get it built, we can modify it to mine whichever coins are the most profitable instead of relying on a third party to continue paying us out in whatever we started with at a fixed hashing power. Thank you for reading this and I hope you have a wonderful day! If this post was helpful, would you please vote it up because that helps me to continue writing more for you? Love, Jerry Banfield. With friends invested on Genesis Mining as well, it seems to have great terms which are ideal for making an investment easily in a small amount of time. The limitations are the long time it takes to get a return compared to making our own mining rigs plus not really owning anything.

For the greatest profits, making our own mining rigs seems to be a better investment not just of the money but for the valuable learning it takes to build on our own machines which then translates to skills good for earning high dollars per hour! In summary, if we have money and just want a good return, Genesis might be the best option. If we have a bit more time and willingness to learn plus want the highest profits and have low enough electricity costs, DIY mining might be ideal!

I have not used Genesis. Bitcoin talk is highly negative on Genesis, even though it is acknowledged as the most legitimate cloud mining operation, and it seems it's a lot less profitable than you think.

You have to contend both with price and difficulty, which is why they lock you into a 2 year contract. It sounds better than it is until you run the numbers, and find that in most cases, buying and holding seems to work better. I would estimate using Genesis is going to cut your mining profit in half, relative to running it yourself. With friends invested on GenesisMining as well, it seems to have great terms which are ideal for making an investment easily in a small amount of time. The limitations are the long time it takes to get a return compared to making our own mining rigs plus not really owning anything.

For the greatest profits, making our own mining rigs seems to be a better investment not just of the money but for the valuable learning it takes to build on our own machines which then translates to skills good for earning high dollars per hour! On Step #3, make sure to take a look at your actual electric bill and check what your kilowatt rate is. It can vary wildly depending on where you are and make a huge difference in your own profitability. I'd also suggest working in equipment depreciation. Generally systems running under high load are prone to needing regular tune-ups. I can't recall how many fans and other items I've had to replace. Finally, I'd consider re-running any set of final numbers through an Eth price of $100 and $200, just to get an idea of how much profitability will drop on market pull-backs.

I'd assume needing to weather one at some point. Thanks Jerry. Interesting video but as as someone who has been mining crypto since 2013. You didnt adjust your watts in the video and efficiency is key when mining ( watts per m/h) also you wont be able to run 50 cards in one house unless you upgrade your house to handle the load.

On top of that you didnt mention the heat these cards produce you NEED cooling and downtime of rigs will happen as well. And there are many other things such as bios modding and overclocking cards to improve watts and hashrate. Also there are fees when mining such as pool fees and mining program fees etc. Lastly the 8k to start in the video is way off for 50 cards your looking at more like 14k and that is not including psu, motherboard, ram, ssd/hdd, cables, risers, cpu, cooling, etc.

If you're going to mine please do a little bit more research or you will lose money. Or you can cloud mine and pay a big premium for less work. If I can become a Steemian early enough and read this article 10 day before, I might have setup my own machine at home mining already.

However the researches I did basically pointed me to another direction of mining, Genesis-mining. Reasons are simple: • Electric bill is extremely expensive here in Hong Kong • Mining at home is too noisy and hot, we have small.very small apartment only • GPU cards that are good for mining machines are all sold out without nay expected stock up date.

So I decided to take cloud mining as a starting point. My Genesis-mining plan is now running for about 10 days, still hard to tell if it is profitable or not, but at least I see a little bit of ETH being stored. Waiting to get my first payout in another 22 days time. First let me say the content you post, particularly on Youtube, and Steemit is of superb quality and I wanted to thank you for your many informative posts! Second, I personally think Ethereum is the future of cryptocurrency. So many new and exciting things can be made with Solidity, I don't think ether gets the credit it deserves, most people just think it's a platform to release ICOs on, well that may be true, it's so much more than that and we're only now BEGINNING to scratch the surface of what's possible.

Jerry, I've been watching your videos on the net now for a couple of months. I'm very new to cryptocurrencies and you seem to know what inofrmation noobies like me need to know before we even know ourselves! I made quite a lot of money in another sector and see cryptocurrencies as an extremely good investment- maybe a once in a life-time opportunity.

What I want to know is, what is the best way to invest £50,000 in the cryptocurrency sector? I'm warming to the idea of setting up multiple Ethereum mining rigs. Do you recommend this as an initial move?

What else could I do?? Many thanks and keep up the good work! Great post Jerry, I think the other important thing to remember is that mining for today can sometimes be much less profitable than mining for tomorrow.

Just because the return on a particular coin today is low compared to other coins, it shouldn't deter you from mining another less profitable coin you have some attachment to or feel is undervalued. Take risks if you are in the position to and they can pay off. To give a great example i was mining Dash when it was $2.20 for a few months back in 2015 really only just because i wanted to and it was fun to see a payout when i hit a block, I was not really doing it to make a living or even substitute my income however i kept a handful of Dash after stopping mining a few months later. I finally decided to cash it all in last month to setup 2 more rigs. 18 months later and that $50 of Dash was worth over $6000, so you don't just have to choose the highest paying out coin on the day, look at what you are mining and if you believe in the coin and what it is working towards the opportunity can be far greater than you can imagine! What is fantastic is that now coins like ZCASH and ETH (assuming they keep up a reasonable value ) can pay off your investment in 2.5 to 3 months rather than the lengthy 18 months I waited. Note: In winter mining rigs will also save your home heating costs:).

Don't want to be rude, this post doenst make any sense any in a way your misleading people. Go buy 55 graphics cards??? WTF it is not that easy to hook up 55 graphic cards. 55 cards let that sink in. 55 GRAPHICS CARD that's a mining farm.

Not something you start off. Also couple things you don't talk about are, POWER CONSUMPTION! What do you think it will cost to supply 55!!! Graphics cards. It will be insane and will easily cut your profits with 50% or more. There are more things you dont even talk about, like mining difficulty and the change is coming to ethereum. Im a newbie in this don't know everything but i can see alot of problems with this post, please stop misleading people!!!

Thanks for bringing this to my attention. The crypto space brings the biggest group of uneducated investors with it. This group will only grow. I was researching a way to do better investment analysis on the current cryptos. I was wondering if anyone of you uses: Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. For example: For the Ethereum Investment research report.