You’ve probably heard about mining Etherium and would like to try doing it. The process is pretty simple. During this simple beginners guide we will assume you’re running windows, have an internet connection, and have some basic computer literacy. This mining guide will explain to you the simple, easy method for starting to mine. There are more complex things you can do to mine faster or gain functionality, but to just get started and get a feel for it these steps should be sufficient.
What hardware you’ll need:
In order to start mining Etherium you will need a computer armed with a recent mid to high end graphics card, and a power supply strong enough to support it during use. The latest RX series or GTX cards from Nvidia are ideal. Older cards from the last 3 years may work. If you have older hardware, a laptop, or a weak graphics cards then don’t bother. Maybe you want to try just because it’s fun, but you’re not going to make any money. Workable cards are AMD 79** cards, R9 and RX series cards, and Nvidia GTX series cards. If your graphics card has less than 3GB of RAM, you’re probably better off mining ZEC as it won’t work well for Etherium. You’ll also need at least 3GB of system RAM, but the more the merrier.
What software you’ll need:
You’re going to need a computer with windows installed. There are linux miners too, but the linux method isn’t covered here. You’ll also need some graphics card drivers installed, but you probably already have those. You will notice that the mining software will recommend certain version of the graphics drivers- but don’t worry about that right now. Once you’ve got it all set up and working, you can think about refining things.
Step 1: Create a Wallet
In order to mine Etherium, the first thing you’re going to need is a wallet to send the coins to. You can use MyEtherWallet but I recommend using Jaxx to create a localised wallet on your computer. Jaxx does request you don’t use it to receive payments from mining, but i’ve always found that it works just fine. Install Jaxx on your computer, making sure to follow the steps including writing down your secret phase incase you ever need it. Create an etherium address, it should start 0x, and be a long string of letters and numbers.
Step 2: Download the Mining Software
The mining software can be downloaded from here. You want the latest version, which at the time of writing is 10.0. This is the Claymore version of the etherium mining software. There are other versions, but Claymore’s is the easiest.
Once you’ve downloaded it, drag the folder out of it’s ZIP file to whatever location you want- probably just your desktop for now.
Step 3: Update the configuration
This sounds complicated, but it isn’t. Within the main folder called “Claymore’s Dual Ethereum+Decred_Siacoin_Lbry_Pascal AMD+NVIDIA GPU Miner v10.0” are a whole bunch of files. You can ignore almost all of them. Look for the one called start and right click it, then choose edit. If you cant see an option to edit it means you’ve not unzipped the folder, so go back and do that. If windows asks what software you want to edit it with, just choose notepad. Once you’ve got it open in notepad, delete all the text and replace it with the following:
setx GPU_FORCE_64BIT_PTR 0
setx GPU_MAX_HEAP_SIZE 100
setx GPU_USE_SYNC_OBJECTS 1
setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_SINGLE_ALLOC_PERCENT 100
EthDcrMiner64.exe -epool eu1.ethermine.org:4444 -ewal walletaddress -epsw x
Replace walletaddress with your wallet address that you can see within Jaxx or MyEtherWallet. Then save and close the file. This is a very basic config setup, and you should come back to improve it later, but it will get you started.
Step 4: Run the Miner
Double click on the start file to run the miner. If you’ve done the above correctly, it should start mining. If you get an error message you’ve done something wrong, but we wont cover all possible errors here. Feel free to email me if you’re stuck.
You can visit ethermine.org/miners/walletaddress to see if the pool is happy that your rig is mining. It may take about 30 minutes for data to actually show up. You will also need to set the payout threshold here (probably make it as small as possible) otherwise you may be waiting a very long time for an actual transfer to your wallet.
If you’d like to donate to me, or you want to just try mining without creating a wallet, feel free to use my address 0xde6a75a269aa565d7ac5c48636eb07ddd86475e5