Ethereum Mining 101

in #ethereum7 years ago

Credit for this guide goes to /u/Robbbbbbbbb and the people over at /r/EtherMining

Ethereum Mining 101

Welcome to /u/Robbbbbbbbb's basic introduction on mining.

In this guide, you will learn how to start mining from scratch. This is meant to help cut out on new miners asking repeat, basic questions. I have derived a lot of the information in this guide from questions I've seen around the subreddit. There will likely be information which people disagree with (and that's okay), and that can be discussed and changed based on best practices and advice from the community. Remember, this guide is meant to help understand the basic fundamentals of mining and is not to be viewed as an advanced guide for seasoned users.

For full transparency, there are Amazon affiliate links in this wiki when linking to products. This will help to provide incentive to upkeep the wiki, as well as provide contests and other incentives to the community without you having to tip or do anything else. For any details, please PM /u/Robbbbbbbbb for any questions you might have.

  • First community giveaway completed 6/20/17

For someone new, this guide is best read from start to finish, in that order.


Brief introduction to mining

Wallets and Exchanges

Hardware

Software

Proof of Stake

FAQs


If this guide has helped you, please consider a donation (original poster's donation wallets):

  • BTC: 18HHZMpdVQZfJ6oUk1WEtH48tRLXW6DkrB
  • DASH: Xg3v45UiKZkvExSehZ4EJ9uEfgoCS53qsb
  • ETH: 0xFBd8982c60D0F93304915c33201655eF234C5aE9
  • GNT: 0x0504ea3a67624c7e60db2e89ed0781d16a27cef2
  • LTC: LLu9hnGWfgeyRqJtUow1Qugd3MaakLGBax
  • SIA: d03cc503a977f3b28acc361c174e9018dba7a8f9c2ecd9d070c7ad4d5ee9f4ed82fefa659d45
  • Steem: 2ecf0c65402ae386
  • STRAT: SZWvr7Kmc2j2JV1Jbwv5kvTNq4yzWBbjSd
  • XRP: ryRGuNZkDnrBKwNZKvdZsKRGKeoMb8TZP
  • ZCash: t1XQGkMkUA9cQQR1nz5CMLcVZimwBnKpBms
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