Mining

Everything you need to know about cryptocurrency mining, tips, and answers to popular questions.

Cryptocurrency mining

Simply stated, cryptocurrency mining is a process of generating new units of the cryptocurrency. Different machines around the world are working on the mathematical problem - an algorithm - and only some of them are finding the solutions - blocks. Read more →

When do I get paid?

You will get paid once you reach the minimum payout threshold on the pool you are mining to. Pool pays you to the wallet address you use for mining, so make sure that you are using your own wallet address and correct one. Read more →

CPU mining

While minerstat supports CPU mining by running a different independent CPU client, we don't support CPU-only mining. All CPU clients are supported on both Windows mining software and Linux mining OS. Read more →

GPU mining

minerstat supports GPU mining on Windows or by using independent Linux based mining OS called msOS. GPU mining is adjustable and can be controlled remotely from your minerstat web dashboard. Read more →

Bitcoin mining software

There are a different article available around the web that summarize all "Bitcoin mining" software that is available out there. It is important to note that there are two kinds of software or two kinds of mining when it comes to Bitcoin. Read more →

Linux mining

While Linux is gaining popularity in the mining world, there is still a lot of miners that prefer using Windows solutions over Linux solutions. The reason behind that probably lies in the interface that Windows mining is offering, even though the goal... Read more →

Windows mining

Looking at different trends graphs, one can clearly see that Windows mining was always a little bit more popular than Linux mining. This is probably due to the fact that Windows as an operating system is more popular for home and business use and that... Read more →

Dual mining

Dual mining was quite popular in 2017 as you could mine Ethereum and a lot of different coins at the same time. Because the other - dual - coins are harder to mine these days, the popularity of dual mining has slowly decreased. Read more →

Merged mining

While dual mining uses some of the hashing power to mine Ethash coin (e.g. Read more →

How to choose pool for mining?

You have your hardware ready to mine. You've found a coin you want to mine. Read more →

Difference between solo mining and pool mining

Note This article expects readers to know some cryptocurrency terminology. You can consult with this guide to get to know that terminology or as a refresher. Read more →

Difference between anonymous mining and mining through registration

Anonymous mining Anonymous mining is a mining process where the only mandatory information to provide to the pool is a wallet address. Anonymous mining is more common than mining through registration, with pools like Ethermine, 2miners, Ezil. Read more →

How to validate hashrate?

To validate your hashrate you can check the hashrate reported by minerstat, the miner logs, and values on the pool. Let's explore and compare what the values reported by each of the three are and what they mean. Read more →

Why is hashrate on the pool different than what mining client reports?

Hashrate is a unit that represents the number of solutions per second. Because mining clients are counting solutions directly from the software and pools are calculating hashrate from the number of shares you sent to them and share difficulty, there c... Read more →

What is the difference between current hashrate, average hashrate, and reported hashrate?

Sometimes your pool and mining client report different hashrate values that are denoted with different names: current hashrate, average hashrate, reported hashrate, etc. Reported hashrate Reported hashrate is the value that is displayed on the m... Read more →

Why is number of accepted and rejected shares different on minerstat and on pool?

The main difference is the way the shares are tracked, just like the hashrate shown on minerstat is reported by the miner, and not "average" or "current", which are calculated based on the amount of shares submitted, the number of ... Read more →

What is mining efficiency?

Mining efficiency is the ratio between accepted and rejected shares. You can calculate it by formula accepted/(accepted+rejected). Read more →

What is power efficiency?

Power efficiency is the ratio between hashrate and the power consumption. It means how many units of hashrate can be mined with 1 watt. Read more →

How to improve latency?

Latency is the time interval between the action made and action accepted. In mining, it is really improtant as it affects the mining efficiency (ratio between accepted and rejected shares). Read more →

How to avoid pool ban by ISP, router, or firewall?

Sometimes ISP, router, or firewall will block some crpyto mining domains as a result of false positive when protecting user. If this happens, you won't be able to connect to the pool and mine on it. Read more →

How to secure your mining environment?

Cryptocurrency mining was in the past abused and used for harmful behavior so any sign of it is these days flagged by antivirus and defender programs. Which is good as it is better to be protected - even if it is a false positive - than not having pro... Read more →

How does minerstat calculate estimated rewards?

It is very important to note that estimated earnings displayed on minerstat dashboard and mining calculators are only theoretical estimations. They are not indicators of actual earnings but a reference point. Read more →

Overclocking GPU

Overclocking and undervolting is a process of changing different GPU related values in order to achieve better performance and lower power consumption. It is an advanced method, which is not recommended to use for complete beginners. Read more →

MSI Afterburner

MSI Afterburner is one of the most recognized and used tools for GPU overclocking. While newer versions of minerstat for Windows don't require running MSI Afterburner anymore, it is still quite popular tool for overclocking and undervolting cards ... Read more →

Differences in overclocking on Linux and Windows

Please note that the same overclocking settings on Windows and Linux won't always give the same results. This can be because of different factors, such as: Different drivers; Different mining clients; The fact that OpenCL Linux and OpenC... Read more →

What is the silicon lottery?

Silicon lottery is a term that is commonly used when talking about performance of GPUs. You have probably already heard by a lot of miners that not all GPUs can accept the same overclocking values, even if they are from same manufacturer and exactly t... Read more →

What is the difference between PCIe GEN 1, PCIe GEN 2, and PCIe GEN 3?

You can see that many mining operating systems suggest that you set your GPUs to PCIe GEN 2 in BIOS. You might have asked yourself already why exactly 2. Read more →

Mining in summer months

When the weather is getting warmer and hotter your rigs will most likely start to crash on the very same clocks you had them running on for months. Increased temperatures won't necessarily affect only your GPU's core temperature, but also m... Read more →

Nvidia LHR series

What is Nvidia's LHR? LHR is a special "Lite Hash Rate" edition of cards Nvidia released. These cards have different core package compared to non-LHR cards, clearly identifiable if you take a look at the PCB after removing heatsink an... Read more →

What is MEV?

What does the term MEV mean? MEV is Miner (or Maximum) Extracted Value. In cryptocurrencies, the network is formed based upon the consensus algorithm, which is a process used to achieve agreement among distributed systems. Read more →

How to select the right PSU(s) for your mining rig

Card power draw Using the individual hardware pages for each of the cards, let's calculate the total power our cards can request from the system. Open the supported hardware page Select the card you intend on using Looking at the left... Read more →

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