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Moreover, it's way more bad ass. In this example I'm showing the simple steps on how to get started with GPU-Mining , by manually building Ethminer and setting it up to mine using Ethereumpool although it'll work for other pools too.
Mining will shorten the lifetime of your hardware and causes your PC to use more power, thus driving up your electricity bill. Also, you might lose all the money you invest.
Thus, use your brain! Bitcoin uses the Hashcash algorithm to verify transactions, which is a relatively simple calculation, which has been put on ASIC's that are capable of outperform many GPU's.
Ethereum however, uses the Ethash algorithm , which is set up in such a way that it requires a big amount of Memory. As a result, the difficulty of mining Ethereum increases much slower than that of other currencies using the Hashcash algorithm. Furthermore, it's optimized for mining with GPU's only and it even works when you're using an NVidia card, although AMD probably gives you a bigger bang for the buck.
Also, you need a Wallet to provide your unique Ether-address. Personally I recommend using Exodus , since it's easy to set up, supports multiple currencies, and doesn't eat all your system's resources like Mist does. Since I don't like the idea of others keeping your private keys, I suggest you keep away from cloud wallets. The mesa-common-dev fixes most build failures.
If you've omitted step 5 from above, you can run Ethminer from the ethminer-directory inside the build-directory you're probably still in:. If the benchmark returns an empty result which it probably will the first few times , retry until you've got a viable reading or set the --benchmark-warmup.
The result should look something like this:. Now the mining should start to run. The first time the miner might show JSON or Database errors, but these will resolve itself after a while. This is solved when manually setting a longer warmup-time:. This error is actually quite self-explanatory, and can be solved my manually setting the gcc version:.
Therefore, I must conclude the extra effort on getting the miner and the drivers running really is worth it. Support us by sending a cup of coffee: Noob Notice Mining will shorten the lifetime of your hardware and causes your PC to use more power, thus driving up your electricity bill. You, and only you, are responsible for any damage done to you, your hardware or financially.
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