Etherum Mining help

[swagkiller69]

Hi guys, I have been trying to get my ETH miner working for a while now-
So I was trying to follow nicehash's guide on the setup, but here's what's got me:

Connection settings for ethminer using NVIDIA GPUs
ethminer.exe -U -F http://ethereum.LOCATION.nicehash.com:3500/n1c3-YOUR-BITCOIN-ADDRESS.WORKER-NAME/WORKER-SPEED
I have ethminer and I have done a benchmark to get my speed

Code:

Found suitable CUDA device [GeForce GTX 770M] with 3221225472 bytes of GPU memor
y
Benchmarking on platform: CUDA
Preparing DAG for block #0
  i  11:45:36|cudaminer0  workLoop 0W a#r0m0i0n0g0 0u0p0.Ô.Ç.ª
 #00000000ÔǪ
  i  11:45:36|cudaminer0  Initialising miner...
Using device: GeForce GTX 770M (Compute 3.0)
Trial 1... 6990506
Trial 2... 7689557
Trial 3... 6990506
Trial 4... 7686995
Trial 5... 6990506
min/mean/max: 6990506/7269614/7689557 H/s
inner mean: 5125517 H/s

However in the example for nicehash the speed is just 19, is that converted into megahashes? So what would that make my startup line to be?
Thanks

[Fademigo]

Does NIcehash support Ethereum mining?

I do not see it there:
https://www.nicehash.com/index.jsp?p=gstarted

[swagkiller69]

Does NIcehash support Ethereum mining?

I do not see it there:
https://www.nicehash.com/index.jsp?p=gstarted

Here you go
https://www.nicehash.com/index.jsp?p=software#eth

[Casalania]

It seems the rig rental price in Nicehash is quite low. It is better to mine directly and do not rent out there.

[aarons6]

It seems the rig rental price in Nicehash is quite low. It is better to mine directly and do not rent out there.

i dont think their eth mining is rentals.. i think they are acting as a pool and paying out bitcoin.

[swagkiller69]

It seems the rig rental price in Nicehash is quite low. It is better to mine directly and do not rent out there.

i dont think their eth mining is rentals.. i think they are acting as a pool and paying out bitcoin.

I think this is correct, I just checked their pages and I can't find anywhere to rent the eth mining power.. Shame because they're sitting at a nice 15GH/s

[apriyoni]

It seems the rig rental price in Nicehash is quite low. It is better to mine directly and do not rent out there.

i dont think their eth mining is rentals.. i think they are acting as a pool and paying out bitcoin.

If that is true, they are ripping miner off. Their rate is 60% of the rate you get if you mine at another pool. it ruined its reputation.

[Eliovp]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

[aarons6]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

[antantti]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

[aarons6]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

[antantti]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

[aarons6]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

yeah but i cant spend eth on newegg.. :/

[antantti]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

yeah but i cant spend eth on newegg.. :/

What is wrong with USD?

[aarons6]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

yeah but i cant spend eth on newegg.. :/

What is wrong with USD?

with exchange rates, cashing out usd would certainly null out any profits?

[antantti]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

yeah but i cant spend eth on newegg.. :/

What is wrong with USD?

with exchange rates, cashing out usd would certainly null out any profits?

Considering you are still using checks that might be the case.

Withdrawal cost to EUR is flat 9 cents. Normally takes 4-12 hours.

[aarons6]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

yeah but i cant spend eth on newegg.. :/

What is wrong with USD?

with exchange rates, cashing out usd would certainly null out any profits?

Considering you are still using checks that might be the case.

Withdrawal cost to EUR is flat 9 cents. Normally takes 4-12 hours.

i think you are making things too complicated to prove a point..
most exchanges you need to verify before you can cash out.. most keep track of cash withdraws and send you a 1099 if you hit a certain point.
most charge a fee.. and have a minimum and maximum amount you can cash out.

plus like you said, it takes hours to get your money..

[antantti]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

why not.. its a good profit and im going to mine eth for a month on my 4 270x's and buy a 390x with the btc.

To me BTC looks like a falling knife. But maybe it is just me.

yeah but i cant spend eth on newegg.. :/

What is wrong with USD?

with exchange rates, cashing out usd would certainly null out any profits?

Considering you are still using checks that might be the case.

Withdrawal cost to EUR is flat 9 cents. Normally takes 4-12 hours.

i think you are making things too complicated to prove a point..
most exchanges you need to verify before you can cash out.. most keep track of cash withdraws and send you a 1099 if you hit a certain point.
most charge a fee.. and have a minimum and maximum amount you can cash out.

plus like you said, it takes hours to get your money..

Ok, I didn't know it is that much regulated there. If I want to stay anonymous I normally use xmr.to

-EDIT- Or Bitcoin ATM

[Ayers]

Yeah it's all true, and they do get that hash rate because a lot of miners are to lazy to go and sell their eth themselves.

It's easy, you mine and get payed in btc. That's why it's popular. And in a way that is understandable.

and the rate is not 60%.
i typed in my hash on a calculator, mined NH for 24 hours and got almost the same amount of btc the calc said i should get.. they do charge a 2 or 3% fee.

Why would I sell my ETH for BTC at current market? I just don't get it. I mean, I understand ETH for fiat but for BTC?

because bitcoin is stronger, more accepted more mined(backed more with electricity power) is the first one, ethereum as a currency is just a clone

[Simpan]

To me BTC looks like a falling knife. But maybe it is just me.

When the block size prolbem is resolved, the price of bitcoin will resume the up trend. But we have to wait until May probably.