#Mac video card for bitcoin mining how to#
#Mac video card for bitcoin mining full#
#Mac video card for bitcoin mining pro#
#Mac video card for bitcoin mining software#
#Mac video card for bitcoin mining Pc#

ethminer -G -S :45791 -0 returnДЄnd now we're off mining Ethereum! Get ready for underwhelming performance We'll also be using the account name we setup with MinerGate in this example it will be the email I used for account setup.

#Mac video card for bitcoin mining full#

You can go to the MinerGate website for a full list of pool URLs. We're going to be using the MinerGate pool of :45791. By default, ethminer will use all of the GPUs on your computer that use a similar compute function.

If you have multiple GPUs, you'll notice all of them listed here. Now we need to find out how our GPUs are enumerated on the computer.

Double click the ethminer.x.x.x.darwin.tar download.

It's an application that runs in the command terminal so you'll need to get a bit dirty by casting off your GUI druthers. EthminerД®thminer is an open source miner that will use the OpenCL computational capabilities in my AMD GPUs giving me better than CPU based computational capabilities. The RX 580 will be the workhorse of the setup theoretically so it's important to make certain that we're using it whilst mining. The reason why we're not using the MinerGate GUI is because it doesn't detect my eGPU housing the RX 580. Now if you're interested in other crypto-currencies, you can optionally download the MinerGate client that gives you an easy to use GUI.

#Mac video card for bitcoin mining software#

For our purposes of being able to easily connect to a mining pool via our software setup, MinerGate allows for a simple setup process that will get us going quickly.

I am not recommending MinerGate over any other mining pool. MinerGate is known as a digital mining pool where other digital miners connect to in order to use their collective computing capabilities to mine for various crypto-currency. MinerGate accountДЇirst we will sign up with MinerGate. Once you've figured out that you can responsibly manage and secure your digital wallet, it's time to get the software needed to start mining Ether. Radeon RX 480 will cost you $199.ДЄnd that's for an older model of my current hardware. This gives a return per day of $1.21 and therefore a return per year of $440.91. Its hash rate is 25.0 MH/s, meaning its cost per MH/s is $7.96. Its power cost per day is significantly lower than the two that I have mentioned at $0.4320. The Radeon RX 480 is most arguably the most economical in terms of cost and saving electricity. Since the eGPU I have for creating VR applications of macOS sports an RX 580, I'm hoping that this component will offer some sort of profitability. In fact, the GPU market is currently undergoing a bubble of inflated prices due to the current mining revolution. AMD desktop GPUs such as the RX 480 and the RX 580 are competitively sought after for these specific qualities.

My expectationsДЇrom everything I've read thus far, the best GPUs for mining are GPUs that have high compute capabilities with low power consumption. Although I am not suggesting the following are the best or most reputable repositories of information, you can get started into your gathering of knowledge from sites such as 99bitcoins, buybitcoinworldwide, and MyEtherWallet. My suggestion to you is to read everything before starting anything.

#Mac video card for bitcoin mining how to#

Secondly, I am not getting into the security issues (and there are a few) on properly storing your private encryption keys for your digital wallet and how to properly and securely transfer your digital currency from banks or websites. I am simply demonstrating how you can use your Mac hardware to mine Ethereum. I am not a financial adviser nor am I suggesting in anyway that you should or should not delve into the digital currency craze. Could I use my current hardware to make a couple of digital bucks on the side? Lets find out!ДЇirst and foremost, I am not an expert in digital currency by any means.

#Mac video card for bitcoin mining pro#

I have a 2017 Skylake based MacBook Pro with a Radeon Pro 560 GPU and I have an eGPU with an AMD RX 580 GPU.

#Mac video card for bitcoin mining Pc#

Although 'mining' for Bitcoins via your PC has virtually become undoable without specialized hardware using an application specific chip created for bit mining, some less popular crypto-currency such as Ether on the Ethereum block-chain can still be done using your GPU hardware on your computer (although there is now talk that Ethereum too will soon require specialized hardware in the near future). Digital currency like Bitcoin is no longer the sole parlance of informed netizens and is becoming mentioned more and more on mainstream information outlets.