How to mine Ethereum

How to mine Ethereum start guide

How to mine Ethereum?

Welcome to Cruxpool, an Ethereum mining pool. Our mission is to provide you with the most efficient tools to mine on the Ethereum blockchain. This quick start guide will show you where you should begin your mining experience with Cruxpool.

INTRODUCTION

Blockchain, Mining & Ethereum?

If you’re here, you probably know what the blockchain is all about. But just in case, you can watch these videos to get a general idea of how it works. What you need to understand is that Cruxpool is supporting the blockchain by gathering computing power that will validate the transactions happening on the blockchain, In order to encapsulate them into blocks.

This is where you play your part, by putting in common with other miners your hashrate i.e. your computing power.

Why should you choose Cruxpool?

PPS is pay-per-share system. In this configuration you are not depending on the luck of finding a block to get your reward in crypyocurrencies. This means you get a more stable and predictive income. Read more here.

A very low payout threshold means that you do not have to mine multiple blocks in order to get your payment. This participates to a better stability of your revenue!

Track all the data you need, in order to be informed on your mining activity, get a comprehensive view of your estimated and expected revenues, but also to check the performance of your hardware.

Our team is dedicated to your satisfaction and remains available for any questions. If you need support, we’ll be there for you!

STEP 1

Why and how to mine Ethereum?

When you mine a block, you become part of the blockchain process of verification of transaction, and you have a role in the creation of the new blocks. When a block is found there will be a retribution for your efforts. 

This reward consists in fraction of cryptocurrencies; that depends on many factors but once the job is done those cryptos will go to your wallet, and you can exchange them right away, let them take some value for future trading purposes, buy the cool stuff you want etc. You can then create a form semi-passive income!

What do I need to start mining?

A mining rig, which is  a combination of graphic cards that are optimized for crypto-mining.

A wallet, which will be used to store your cryptocurrencies. This is where we’ll send the rewards from mining with Cruxpool.

A mining software, in order to tell your mining rig what they have to do, and where they should connect.

Cruxpool, a mining pool that will be sending to your rig the jobs required by the blockchain. The pool will then send the rewards from mining.

If you don't have a rig, you first need to buy or build one!

Lucky for you, we have solutions for both cases. We have a partnership with JustMining a company that builds and sells mining rigs directly to you. We suggest you take a look at it, you’ll probably find something suitable for your budget! 
In case you are more at ease with computers, you can buy on your own the components and start building the rig with your very own hands!

Learn how to build your own rig from scratch

STEP 2

Your first connection to the pool

A. With Windows

Windows cannot recognize more than 4 graphic cards connected to a computer. In case you have more than 4 graphic cards in your computer, you need to have them recognized. For this purpose, go to the BIOS of your computer and look for the setting that will increase the number of graphics cards detected by your system

1. Install drivers for your graphic cards

Do not mix AMD + Nvidia graphic cards on the same rig!

2. Increase virtual memory of the card

Click on Advanced System Settings, then on Performance Settings. A new window will open and click on Advanced. Click on Change, uncheck the Automatically manage paging file size for all drives and then tick Custom size. You will have two unlocked fields. On the initial size field, put 16,000 and on the maximum size field, put 30,000

3. Disable Windows Sleeping Mode

4. Disable Windows Update

To disable updates, type Services in the search bar or Cortana of your Windows. Once you get to this page, look for Windows Update in the list of services. When you have it, right-click and select Properties, and then set on «disabled» on the Startup type.

5. Choose and install mining software

The mining software will allow you to configure your RIG. You can choose between several software programs such as Claymore for example. 

Once its downloaded, unzip the file and start.bat then right click and Edit, a text file should open. Enter the server address and your wallet address

If you prefer, we have created a command line generator that will automatically fill up the line to enter. It’s available on our website

B. With Linux

Download Ubuntu 16.04.

Then, put the ISO on a bootable USB. After preparing the installation support, install Ubuntu on the hard disk of your RIG.


Follow the instructions, and as soon as the installation is finished, the session will automatically open with Ubuntu. Remember to remove the bootable USB

1. Disable Lock Mode and Sleep Mode

LOCK : To change these values, go to Ubuntu settings, then to Brightness & Lock tab. Then, disable Lock and uncheck “Require my password when waking from suspend.”


SLEEP: To change these values, go to Ubuntu settings and then to Power tab. Then, set “Don’t suspend” to Suspend when inactive for”.

2. install and set graphic cards drivers

SOLUTION 1: LINUX + NVIDIA ONLY

Install SSH and package updates

Open Terminal with Ctrl + Alt + T

Enter following command:

Install Nvidia Drivers

Enter following command:

Then, press Ctrl + Alt + F1, it gives you a black screen interface asking you to log in. Then type these command lines:

Replace the «XXX» with the Nvidia driver update number

Then insert this line

SOLUTION 2: LINUX + AMD ONLY

Install AMD drivers

To install the AMD drivers, download the AMD GPU-PRO driver for Linux 16.04 Then enter following command

In case the last command does not launch, you must give permissions for it to run. To do this, insert this command line :

This may take time as drivers are downloading and installing. When the installation is complete, insert this command line :

Then install the ROCm component. To do this, insert this command line :

Last, insert this command line :

3. Install Claymore on Linux (AMD or Nvidia)

In order to mine Ethereum, you need a mining software. Download Claymore. We advise you to rename the downloaded archive, in our case we have renamed it claymore. Then insert these command lines :

Then, go to the installation directory and create a startup script with the following command lines:

A new window will appear and you will set up Claymore. In this window, choose your Cruxpool server according to your location :

Europe: eu.cruxpool.com

North America: us.cruxpool.com

Then, put your wallet address in place of YOUR_WALLET. As for the other features to add to the software, check them out on our dedicated page. Once you have set up Claymore, press Ctrl + X to save and confirm with (Y)es.

Then, give the file permission to execute, using this command line :

Finally, launch mining operation using this command line :

STEP 3

Monitor data with our dashboard

In order to offer the best mining experience posssible to our miners, we have implemented a monitoring dashboard.

Your dashboard is the place where you can monitor and control everything. On the main page, you’ll be able to see your global hashrate, the number of active and inactive workers (=rigs). You can also check your real time balance and the last time you got rewarded. As you can see on the image below, we also added a chart that allows you to follow your hashrate over the last 24h.

When you click on the Statistics button, you’ll get access to a more detailed view of the main dashboard. This will allow you to control and monitor stat in one glance. 

The Hashrate box displays data on the computing power generated by your rig

The shares box, shows the number of share that you submitted to the pool. If you don’t know what a share is, check our article dedicated to the shares

The workers box is about rigs that are active or inactive. This will help you control is there is a disconnected rig that needs fixes or reboot for instance.

Eventually, the balance box is a summary of all payments and income you have with our mining pool

Scrolling down on the same page, you have access to the detailed view of ou active rigs. This will help you monitoring the performance of each worker more easily.

And by clicking on the rig name or on the search icon you can get the isolated view of each rig and control how much they perform and how much income they produce!

By clicking on Earnings, you will be able to check all data concerning profitability and revenue you get from your rigs.

Here you can see you current Balance, Expected earnings, Total paid amount since you started using Cruxpool, but also the individual list of all payments done

SUPPORT

Contact us if you have questions

Discover our mining command generator

0
mn read
Level
Beginner

Discover our mining command generator

If there’s one thing we’ve learned recently through discussions with our first customers, it’s that they want a mining pool that allows you to set up things nice and easy.

What does this mean?

At the time of this article, crypto mining literature is not dense and properly organized. You will find many articles here and there, but it’s sometimes quite difficult for newcomers to start mining cryptocurrencies. They need to go through a jungle of technical processes and manipulations in order to start their activity. What we aim to do with Cruxpool is facilitating mass adoption, and make it simpler for anybody to mine.

How to connect to a mining pool?

If you want to connect to a mining pool, you will need to go through your computer and enter a command like this inside your scripts: EthDcrMiner64.exe -epool eu.cruxpool.com:5555 -ewal xxxx -eworker xxxx -epsw x -mode 1 -etht 100 -gser 2

This will indicate to your rig at what pool it should connect, and to which wallet the coins should be transferred. If you don’t know how scripts work and how to handle this whole part, I suggest that you start by reading these resources:

How to write scripts:

Linux http://linuxcommand.org/lc3_writing_shell_scripts.php

Windows:  https://www.tutorialspoint.com/batch_script/

How to connect to a pool:

Claymore > https://www.cruxpool.com/help/how-to-mine-with-claymore/

Ethminer > with Ethminerhttps://www.cruxpool.com/help/how-to-mine-with-ethminer/

Phoenix miner> https://www.cruxpool.com/help/how-to-mine-with-phoenix-miner/

What’s the Command Generator?

This tool allows you to generate a basic command line to connect your server to Cruxpool through the main mining software. Although we have a basic configuration tutorial, we thought that this could confuse the novice miner. This command generator will create the command line for you, simply copy and paste the command line on your bash (Linux) or batch (Windows) file or directly on the terminal.

mining command generator from Cruxpool

If you want to know more about this feature and how to connect to our mining pool, please do not hesitate and leave us a comment in the section below. Or you can join our Discord here

If you liked this article, please do not hesitate to comment and share it on your favorite social media, it would help us a lot 😉

In any case, if you’re interested in mining, why don’t you check out our services ?

Eric

Eric

Content Marketing

I take care of digital communications, including this blog, hope you'll like our articles

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UPDATE! We are now compatible with NiceHash!

0
mn read
Level
Beginner

UPDATE! We are now compatible with NiceHash

NiceHash cloud mining logo

Attention to all Miners!

Very good news to share today since we are now fully compatible with NiceHash!

What, you don’t know what NiceHash is? Ok time for a quite tour of their services.

NiceHash is simply the largest open marketplace that is specialized in crypto mining. On this platform are connect all the people who wish to sell or rent hashing power.

For example, if you don’t have a rig for GPU mining, and you don’t feel like investing in it, you may start with renting the power of other miners. On the other side, if you have some rigs available that aren’t enough to mine by yourself, you can find a second life to your machines (hint: even a regular computer with a decent GPU can be rented)

Biggest upside to this system, is that you don’t need any technical skills, you simply log in, make your order, enter the pool’s logs and there you go.

Below, a chart that represents the whole process, you can find the original graph here

GIF NiceHash

Also, we made a quick start guide to help you configure your NiceHash compatibility with Cruxpool!

Eric

Eric

Content Marketing

I take care of digital communications, including this blog, hope you'll like our articles

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PPS+ Vs PPLNS? Explaining the differences

0
mn read
Level
Intermediate

PPS+ Vs PPLNS Explaining how it works

We often proudly advertise our PPS+ system, and I know it’s hard to explain briefly what it’s all about so I thought I could write these lines to help you better understand all the shenanigans behind the concept of “shares”

What is exactly a share?

When we talk about the mining process, most people imagine that the computers are solving incredibly hard equations in order to mine a block. Truth is, a big part of it looks like a gambling game at the casino. Imagine that miners are like people around a very large table, rolling dice every second in order to find the correct combination of numbers. They need to win the game (eg. Finding the block) 

If you’ve read other articles and guides over the web, you may now have a substantial understanding of how the blockchain works and that’s a very important first step (and if not, I invite you to read this).

There are multiple mathematical implications that I will not dwell on for readability purposes, but basically, in order to add a block to the chain, miners have to find a solution to a problem submitted by the blockchain. Mining pools send the jobs (i.e. the problem to solve). Miners that will accept the task and “start rolling the dice”. Determined by their hashrate, which is the number of solutions miners are able to test per second, they will try to submit a potential solution.

This solution might be a block, because it is the correct answer to the problem, or it might not be, and then it’s what we call a share. It has the format that the answer requires, but it’s not what the blockchain will accept to form a block and integrate the transactions with it.

- So, you’re telling me that share are invalid solutions, and that they’re useless?

Not so fast! You may think it’s pointless for all these rigs to heat day and night to produce solutions that will have no value at all! It is true that, unlike blocks, it will not generate any form of coin retribution to simply submitting share. Yet their value is in the validation that every miners were part of the solving process. The fact that the pool is able to see the shares that are submitted means that we know who’s been working hard to find the block. This is one of the core ideas of the Proof-of-Work system (PoW). In a world where only valid solutions that are block would be submitted, we could not verify who’s been participating to the “general effort”.

What is the PPS+ System?

Now that you perfectly understand the notion of share, it’s time for us to take a look at the payment system that we use on Cruxpool: The PPS+.

If you don’t know what PPS stands for, it means “Pay-Per-Share” . We basically pay you for every share that you submit. Now you know that a share might not be the solution that will mine the block,  your payment may rely on the luck of finding a block. (For instance in payment systems, such as PPLNS).

If we use again the metaphor of rolling dice, imagine that all miners are playing at the same time in order to get the right number that will get us to the block. Miners that are regrouped inside a pool are playing together. Doing so, they increase the chance of finding the right solution because they have more attempts at finding the right combination.

- I just don't quite get it ...

For instance, take a pool with 10 miners and another pool with 1000 miners. Let’s say for the sake of understanding that each miner can “roll the dice” once every second.

Within 15 seconds, Pool A would have rolled the dice 10*15=150 times.

Pool B would have rolled the dice 1000*15= 15000 times.

Pool A could be lucky and find the solution before the others but Pool B has statistically more attempts, ergo more chances, of finding the right number, finding the block and get the reward.

Since the block time is, in an Ethereum environment, about 15 seconds the pool with 1000 miners will have much more opportunities to roll the dice compared to the first one.

- Does this mean in a PPLNS I will never get paid?

Well it’s more complex than that. PPLNS system is somewhat a lottery system. You and your fellow miners submit your shares to the pool, and once a block is found, you’ll earn a reward up to the percentage of shares you did submit to find it.  It is not a “bad system” per se, it’s just that it made to reward loyal miners that stay together and in the same pool to execute the work rather than people who would switch every time from a pool to another one. Downside is that when it takes time to find a block (because every pool competes against each other in this game), it may have an impact on your revenue share by this lack of luck, so to speak.

Let’s go back to the PPS+ System:  Here’s a little drawing of how it works:

A set of graphics to show PPS system in ethereum blockchain

In a PPS system, you simply get paid for every share you submit, it's that simple!

Why Cruxpool is in PPS+?

If you’ve read the article so far (first congrats, you’re a tough one), you understand that relying on luck could be a bit more frustrating for miners when a block can’t be found.

We have decided that we didn’t want our miners to be impacted by any form of luck. And that’s because we consider that once they submit a share, they should be rewarded for being part of the pool. A principle we have at heart is the idea of building a real community of miners, and help them getting some form of complementary income that will not depend on whether we find a block or not

Cruxpool simply took luck out of the equation.

The upside of this system is that you get a more stable payment scheme.

If you want to know more about our mining pool, please do not hesitate to go to our main website page, or join our discord and please feel free to ask any questions you want.

If you liked this article, please do not hesitate to comment and share it on your favorite social media, it would help us a lot 😉

In any case, if you’re interested in mining, why don’t you check out our services ?

Eric

Eric

Content Marketing

I take care of digital communications, including this blog, hope you'll like our articles

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Crypto mining: Start with the why?

0
mn read
Level
Beginner

Crypto mining: Starting with the why

I see a lot of articles and guides here and there on the web about what cryptocurrencies to mine at what time, depending on the market cap, hashrate network and profitability. But there’s always one question that seems to be left out by everybody: Why are we even mining? Why should we all be part of the mining environment? And more importantly: Why should YOU start to mine right now? (and by preference, with Cruxpool right?)
Cruxbot with mine and wagons

The financial upsides of cryptocurrencies:

Making money is attainable for anybody with a decent graphic card

When you mine a block, you become part of the blockchain process of verification of transaction, and you have a role in the creation of the new blocks. Of course, you do not this out of pure sympathy and kindness, there will be a retribution for your efforts (well, mostly for your computer’s effort so to speak) and you will be granted a fraction of the reward from finding a block (in a classic PPLNS system, which is different from a PPS system like Cruxpool where you get rewarded more often)

This reward consists in fraction of cryptocurrencies; that depends on many factors will talk about in a later article. But once the job is done those cryptos will go to your wallet, and you can exchange them right away, let them take some value for future trading purposes, buy the cool stuff you want etc. It is worth something and depending the country you live in, it might also worth a LOT!

Buy, sell, and change money anywhere on this planet

The notion of boundary and frontier becomes blurred thanks to the use of cryptocurrencies. Sure, you can accumulate loads and loads of crypto on multiple wallets here and there. But then what? What’s the point if you are not really well-versed in the world of trading (Psst! Here’s a quick guide to help you get comfortable with trading basics), well why don’t you simply use these cryptos?

Imagine a world in which you can buy in bitcoin everything from your latte macchiato in NYC, while you buy a brand-new camera on a German website, book an all-inclusive stay in Japan over the summer. And all of this without the change and transaction fees we know.

Create a passive income with crypto mining

You’ve been reading Tim Ferriss’ 4-hour workweek and you dream of creating passive income scheme in order to help you find the money you need to travel the world or support your family?  Well good news!  Crypto mining is actually a good fit for your plan. 

In exchange of a starting investment (whether it’s a rig, an asic or via cloud mining on NiceHash for example) you get a ROI quite rapidly without having to do anything, since your computer is doing all the complex work. You simply need to monitor a bit for the performance, and expected profits: which would be less time-consuming than managing your standard dropshipping business!

A deeper and more social perspective for cryptocurrencies:

Mining crypto is about being part of the blockchain’s construction

NOTE: If you don’t know how the blockchain works, I encourage you to take a look at this video from the Centre for International Governance Innovation 

You see, I picture the blockchain as the next great revolution after the internet break in the 90’s, because it has the power to transform the way we interact with each other, make transactions, access and verify information, and this without having to place our trust with a third party we know nothing about.

Miners are at the center of this system, because they become a part of the decentralization, of the verification process and of course they are the one who share their hash power in order to create new blocks that will be added to the chain. The blockchain is tied to the mining activity. Could this mean that “the more the merrier” can be applied to this principle?

One thing is for sure, the more miners we are, the more secure the blockchain will become. This could decrease the chances for 51% attacks.

Crypto mining is a mean of supporting the idea of decentralization

Mining Cryptocurrencies is all about being part of a system that aims at more decentralization.

I might seem to be some sort of unattainable utopic ideal that we could live in a world where banks and uber-structures would not have control over our finances – especially when you live in a country where the state money is stable and strong – yet ask someone living in developing countries where their money is devaluated, consequence to a major crisis of uncontrolled inflation. They would tell you that when they need to buy something like a coffee they would be glad to have cryptocurrencies.

I am not preaching for anarchism right here but we all know that money depends on the nation and central banks, and that it is their mean to support their credibility but that also forces upon us their sovereignty. Nonetheless cryptocurrencies could be a valuable mean of reappropriation of purchasing, and stop being impacted by unwanted inflation. Of course, cryptocurrencies are not in a state of maturity at the present moment, and some major issues prevent this technology to be adopted by the greater number, for instance the question of environment should be raised in order to gain scalability without having a huge negative footprint over Earth, but crypto currencies have, without a doubt, a game-changing potential.

In any case, if you’re interested in mining, why don’t you check out our services ?

If you liked this article, please do not hesitate to comment and share it on your favorite social media, it would help us a lot 😉

Eric

Eric

Content Marketing

I take care of digital communications, including this blog, hope you'll like our articles

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Introducing Cruxpool : Our Ethereum Mining pool is live

0
mn read
Level
Beginner

Introducing Cruxpool: Our Ethereum Mining pool is live

Today is a red-letter day, for Cruxpool is now live. Well actually we’re in our Beta phase but in any case, mining ETH is now possible and we encourage you, future miners, to give us as much feedback as possible so as we could get even better as fast as possible.
Robot and computer with cruxpool mining pool homepage

So, what is Cruxpool all about?

We are an Ethereum mining pool (at least for now we are focused on ETH but multi-coins will eventually be part of our services), which means we maintain a platform that will help miners to fuse their hashrate altogether, and mine some blocks in the Ethereum blockchain.

You may wonder why on earth would we think of creating a mining pool, when there are already people out there that are proposing the same services? Well simply because we believe that we can provide better solutions and deploy more efforts than these pools we are competing with.

We are miners first and foremost, we were there when bitcoin started, we were there when Ethereum appeared, and we have a well-established mining experience.

 After years of mining, we came to think that in order to help cryptocurrencies to go mainstream, mining pools must do at least two things:

  • Help new miners to discover crypto mining and the blockchain environment, through tutorials, how-to guides, pro tips etc. So as to get them to be more confident in their experience, and instead of keeping knowledge for ourselves, share what we know to increase the number of people using Bitcoin, Ether and other coins
  • Provide a professional, convenient and up-to-date environment that will help intermediate and expert miners to make the most of their mining rigs. This is how, for example, we came out with the idea of real-time statistics. We want our miners to be able to monitor everything about their performance.

What features does Cruxpool have compared to other ETH mining pools?

If you’re mining Ethereum somewhere else, you may ask yourself why should you try our mining pool.

First we are based on a PPS+ System, which means that you will get paid for every share your GPU rig provides. Compared to a PPLNS system in which you get the reward when a block is found, we assure a more stable revenue for you by not putting the luck factor on your shoulders. Learn more about our PPS+ system here

Second, we will have at heart to give you the best support possible when needed, via our support platforms such as our discord (not a member yet: click here), our team will be there for you.We aim at being real close to our partners in their journey into the blockchain technology. This support will also translate into loads of tutorials and how-to guides, to help our miners optimizing their experience.

This is the beginning of an adventure that we believe will be successful, so why don’t you join us and start mining right now?

Pssst! We currently have a welcome offer: 0% fees for the first 2 months 😉

Eric

Eric

Content Marketing

I take care of digital communications, including this blog, hope you'll like our articles

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