Ethereum To Monero Is Zcash For Mac
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Ethereum To Monero Is Zcash For Mac Pro
Similar to Zcash mining and Ethereum mining, Monero mining (aka XMR mining) is very simple. Even better – you can still mine Monero with CPU, so your Mac or PC can actually earn you coins as well! Even better – you can still mine Monero with CPU, so your Mac or PC can actually earn you coins as well! I am wanting to get your ideas on how Monero will compete once Zk-SNARK is released for the Ethereum chain. As we know, currently Monero is the only viable currency with ultimate privacy - but these tokens could look to move into competition with ZMR.
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Feel free to ask questions, even if you think they are stupid. We encourage you to. Related Subreddits & Forums Chats IRC: Other. Someone was asking me here earlier why I didn't mine Ethereum instead of Monero, more profit they say. Well, I wanted to see how that panned out, so I set up a rig to mine Ethereum instead of Monero, and almost instantly the GPU core temperature went up by 12-15'C. My current fan setting for Monero mining (at home) is 45%, which keeps the GPU core temperature at cool 48-55'C, yet silent enough to hang on the wall in my living room.
When mining Ethereum I have to churn up the fans to 60-70% just to keep half decent core temperature. This make it quite clear that Ethereum mining will significantly reduce how long your hardware survives this mining torture, the noise level in your home will go up and heat dissipation becomes a pain, at least in the summer. That's not a bad point.
Monero mining is designed to be very memory intensive, so it does tend to run much cooler than ethereum mining. Most miners deal with this by improving cooling or reducing the clock speed of the GPU. Most miners will also tell you that it's not worth mining on a gaming PC for just these reasons - dealing with noise, heat and optimized drivers and firmware to increase profits makes gaming on the same PC a huge headache. So yes, if you're mining on a bedroom or living room PC with a case that has insufficient cooling to handle high mining loads, picking a less resource intensive coin may make more sense. Also, note that GPU wear is not linear with time and temperature.
Over 80c will absolutely reduce your cards lifetime, but over 70 has a pretty marginal effect - likely as much dependent on your specific brand and model as on temperature. Further, temperature cycles are theoretically worse than time plus temperature at reasonable temperatures (under 75C or so) because they produce way more mechanical stress on the card than material degradation solely due to time at temperature. Practically, this means that if you run nicehash or have a dodgy connection that idles your cards a few times an hour, it might have a much larger negative effect on card life than simply running at a constantly high temperature. Anyway, yeah, you've identified the down sides of mining. I'm glad Monero works so flawlessly for you, and I hope you find it rewarding to help secure the network! While that might be true, it also only gives me 1/5 of the earnings compared to ETH. Its even worse when considering double mining ETH and LBC/SIA/DCR - then XMR gives only 1/6 of the earnings.
Mining in general is not 'stressfull' for cards. They do just fine.
Fans might break if you run them on 100% the whole time, but generally, gaming puts much more stress on the cards than mining. The difference is only the duration (you probably don't game 24/7) but still - your hardware either fails during the RMA period or should already have paid off for itself. I compared today prices. One GTX 1070 gives you $1.73 mining ETH and $0.37 mining XMR. 4,7.0,37 = 1,7 this does not account for doublemining, increasing earnings for ETH+LBC (right now) for about 10%. So we gome closer to 1/6.
But even if it was onle 50% - mining XMR for profit because you think it will rise is plain stupid (leave aside people that mine because they want to support a project - like I said, we're only talking about money here). If you can earn 1,73 USD today or 0,37 USD. Ffs mine the 1,73. And if you think XMR will gain you more in the future than ETH then sell the ETH for XMR. You'll get double the XMR and double the future gain. Mining for profit should ALWAYS be the most profitable coin. Mining what you think will make you money in the future is just a waste of resources.
Only do that if you want to support a coin.
There is never a shortage of controversy in the world of cryptocurrency. Although there are plenty of positive developments happening too, a recent announcement by the Zcash Foundation sparks some debates.
In a tweet last Friday, Monero developer Riccardo Spagni calls out the Zcash Foundation for its funding strategy. The Zcash Funding Debacle One has to look at cryptocurrencies from many different angles. Most speculators and traders tend to forget all of these projects need to be funded one way or another.
For Zcash, the creation of the should, in theory, take care of most problems in this department. So far that has not caused issues, although there is some criticism about the Foundation funding “nonsensical projects”. More specifically, the Zcash Foundation announced the winners of their quarterly Grants Program. A total of 13 projects will receive some funding to ensure their ideas can be turned into working and viable Zcash-oriented solutions.
In response, Monero developer Riccardo Spagni called out the foundation for funding these projects while he himself has been paying the salary of Jane MercerWeiss, supposedly the person in charge of keeping the Windows and Mac wallets alive. So the is using a fraction of the founders reward to pay for largely nonsensical projects. Meanwhile, I’ve been paying ’s salary for ages to keep the Windows & Mac ZCash software alive because I believe privacy is that important.
It’s a pleasure,. — Riccardo Spagni (@fluffypony) Why is the Zcash Foundation awarding grants to various projects while the person behind their Windows and Macintosh wallets is being paid by an outside party? It is this allegation which currently causes some scrutiny and concern. We reached out to the Zcash Foundation for comment. Sonya Mann, the foundation’s Communications Manager said: “The Zcash Foundation has funded half of the four grants that Jane MercerWeiss (radix42) has applied for, and the other two were voluntarily withdrawn, as you can see on GitHub:,.
We attempted to reach an agreement outside of our Grants Program, but unfortunately our needs did not coincide with hers. WinZEC is a vital piece of technology in the Zcash ecosystem, and we’re glad that MercerWeiss has continued to develop and support it. The Foundation also commends Riccardo Spagni’s funding of open-source privacy infrastructure, but as a 501(c)(3) nonprofit we have certain constraints that he may not.
(We have no visibility into his decision-making process.)” The reason that the foundation is not able to simply pay for MercerWeiss’ salary is because they are a nonprofit organization. They have to fund projects is through grants which have to go through a review process.
Furthermore, out of the four proposals that Jane MercerWeiss applied for, had anything to do with a Windows / Mac wallet. The proposal was made on Sep 15th, 2017 and was closed a day later by Jane’s request: “close this issue (I DO have a LOT of other things on my plate already!)” Features of the proposal ended up being merged with that of Vaklinov, a Zcash developer who was working on the Windows / Mac desktop GUI clients. Was titled “Enhancements to the Zcash Dekstop GUI Wallet #7”. Looking over the github thread it is clear Vaklinov is a strong contributor to Zcash’s GUI wallets, which is even acknowledged by Jane herself: “I’m all in favor of Vaklinov rolling the duplicated or similar items from my gui-related proposal into his, and possibly closing mine altogether.
I have 3 other proposals I’m working on, he is much more intimately familiar with the gui code” Nevertheless, it is commendable that Riccardo Spagni is supporting the Zcash Windows and Mac clients. However, it is important to understand that the Zcash foundation has also funded the development and improvement of the GUI clients.