🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴

[Croosss123]

We have to take in consideration that it’s also possible to mine ‘test’ ether on your own private network to experiment with smart contracts or decentralized applications.

[Choco_boy]

Mining on a test network doesn’t require any fancy hardware, just a home computer with geth or another client installed. 

[Whyknow78]

But, minting fake ether obviously isn’t going to be very lucrative.

[Croosss123]

If you’re interested in mining ‘real’ ether, you need to install mining software.

[Christ_bit]

Now that you’ve downloaded a client and your node is a part of the network, you can download Ethminer.

[Whyknow78]

Find the download for your appropriate version of Windows here, or GPU mining instructions for other operation systems here.

[Choco_boy]

Once installed, your node will officially play a part in securing the ethereum network. 

[Christ_bit]

For more detailed instructions on any of the above, visit the official ethereum website.

[Whyknow78]

  As a miner, you’re unlikely to be able to mine ether on your own.

[Croosss123]

That’s why miners ‘pool’ together their computational power into ‘mining pools’, to improve their chances of solving the cryptographic puzzles and earning ether.

[Choco_boy]

Then, they split the profits proportional to how much power each miner contributed.

[dangthanh9x]

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[Whyknow78]

There are many factors involved in joining a mining pool.

[Christ_bit]

Each pool might not be around forever, and the computational power of each pool is constantly changing, so there are a number of factors that go into deciding which to join.

[Croosss123]

So with this mining pool: One point to keep in mind is that mining pools have different payout structures.

[Choco_boy]

Mining pools will have some sort of a signup process on the website so that miners can connect to the pool and begin mining.

[Christ_bit]

Keep in mind, though, the mining world is a whirlwind of change.

[Croosss123]

The tools that you pick up today might be obsolete next year, and some mining pools might fall away while others emerge, so it’s worth keeping aware of industry shifts.

[Whyknow78]

Now how will Ethereum will scalate in the future??

[Croosss123]

Like other public blockchains, ethereum intends to support as many users as it can.