Please enable JavaScript in your browser!!! This site doesn't work if JavaScript is disabled!!!

Ethereum mining farm project

Need some fund for starting new ethereum mining farm project

Nitesh Yadav

by Nitesh Yadav

nagpur

hashflare

$ 2.00 per share

Reputation: 100.00% (positive +0, 0)
Credit Rating: A-
Verified

$ 19.50 per share

+$19.50 (inf%)

Daily Dividend: $0.23

Annual Return: 424.62%

Total shares: 190

Shares for Sale: 24

Share this project:

The word mining originates in the context of the gold analogy for crypto currencies. Gold or precious metals are scarce, so are digital tokens, and the only way to increase the total volume is through mining it. This is appropriate to the extent that in Ethereum too, the only mode of issuance post launch is via the mining. Unlike these examples however, mining is also the way to secure the network by creating, verifying, publishing and propagating blocks in the blockchain.

  • Mining Ether = Securing the network = verify computation

what do we need

Mining Ether takes up a lot of electricity. On the plus side, though, if mining practices are carried out efficiently more income is generated through the sale of Ether. Ethereum mining calculators are available for calculating profits. So, there’s no need to get worked up since you’ll still get a profit at the end.

You can use any personal computer to mine Ethereum, provided the system has a Graphic Card (GPU) with at least 2 GB of RAM. Central Processing Unit (CPU) mining is simply an exercise in frustration. It takes an extended period to complete, and the profits are little thanks to the cost. GPUs are your best bet as they are 200 times faster than CPUs when it comes to mining Ether. AMD cards are more efficient than Nvidia cards as well.

Before following the provided steps, outlined below are some essential information you should keep in mind:

Mining Ether takes up a lot of electricity, and you are right in being concerned about this. On the plus side, though, if mining practices are carried out efficiently more income is generated through the sale of Ether. You will need your Ethereum Mining calculators for the process.

Ethereum Mining calculators are available for calculating profits. So, there’s no need to get worked up since you’ll still get a profit at the end.

It is imperative to have a lot of free space on your computer system’s hard drive. About 30 GB should be sufficient for the blockchain and other software.

Our Mission

The Ethereum Foundation’s mission is to promote and support research, development and education to bring decentralized protocols and tools to the world that empower developers to produce next generation decentralized applications (dapps), and together build a more globally accessible, more free and more trustworthy Internet.

Buy shares
1 share ($19.50) benefits:
  • View reports
  • Post in Discussions (no more than 100 posts per month)
  • Vote
  • Perform jobs (like Write article, Review article, Post article)
  • Chat (no more than 100 chat messages per month)
5 shares ($97.50) benefits:
  • Take position of Regional Representative
  • Take position of Chat Moderator
  • Take position of Blog Moderator
10 shares ($195.00) benefits:
  • Raise proposals
100 shares ($1,950.00) benefits:
  • Take position of Proposals Moderator
  • Take position of Customer Care Manager
300 shares ($5,850.00) benefits:
  • Take position of Sales Manager
  • Take position of Customer Care Coordinator
500 shares ($9,750.00) benefits:
  • Take the CEO position
1000 shares ($19,500.00) benefits:
  • Be elected to the board of directors

+