Ethereum: Better or Worse to Mine Multiple Workers on One Machine?
As a cryptocurrency enthusiast and miner, you are likely familiar with the process of running multiple mining rigs on your computer. In this article,
What is cgminer?
Cgminer is a popular mining software that allows users to install and run multiple instants of the mining algorithm on their computer. This setup is commonly used in cryptocurrency mining pools to increase overall hashing power and earn more from each coin mined.
The Scaring: Running Multiple Instances of Cgminer on One Machine
Let’s Assume you have a computer with an Intel Core I5 Processor, 8 GB Ram, and an Nvidia GeForce GTX 1060 Graphics Card. You
Three Workers Set Up
You Create Three Separate Instances of CGMINER:
- Worker #1: Mining on CPU
- Worker #2: Mining on GPU (GeForce GTX 1060)
- Worker #3: Mining on CPU (again, to provide redundancy)
The Question: Which Is Better or Worse?
In this setup, you’re essentially mining bitcoin using three differentms:
- CPU (on worker #1): Mining the Sha-256 algorithm
- GPU (GeForce GTX 1060) (on Worker #2): Mining the Sha-256 and Scrypt Algorithms (for Ethereum)
- CPU (again, on worker #3): Mining the same Sha-256 algorithm
Pros of Running Multiple Workers
There are several benefits to running multiple workers:
* Increased Hashing Power : With Three Instances Working Together,
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Cons of Running Multiple Workers
However, there are also some drawbacks to consider:
* Increased complexity : Running Multiple Workers Requires More Configuration, Monitoring, and Maintenance Than A Single Setup.
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* Limited Profendability
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Conclusion
Hashers on one machine can be beneficial for increasing hash rate and earning more from each coin mined. However, it also comes with additional complexity and potential drawbacks. Ultimately, the decision to run multiple workers depends on your specific mining setup, pool payout, and personal preferences.
System in place, running three instances might be a good option for you. However, if you are new to cryptocurrency mining or unsure about the costs involved
Recommendation
Benefits, consider the following:
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- Optimize your mining software settings to balance performance with resource usage.
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By following these guidelines, you are well on your way to enjoy the benefits of running multiple workers when minimizing the reaps. Happy Mining!