This tutorial will show the list of equipment and software that I use to mine cryptocurrencies.
EQUIPMENT LIST
Here is the list of the equipment that I use to mine cryptocurrencies using my computer's GPU.
• Power supply GPU Adaptor - Option1
• Power supply GPU Adaptor - Option2
• Power supply GPU Adaptor - Option3
All pieces of equipment listed above are available on Amazon's website all over the world.
MINING PLAYLIST
Here are the playlists available on our youtube channel showing you step by step how to start mining:
• Ethereum Classic: WINDOWS | LINUX
• Bitcoin Cash: WINDOWS | LINUX
Which cryptocurrency should I mine?
The quick answer is: "You should mine the coin that is most profitable"
WHICH COIN IS MORE PROFITABLE?
Here is a tutorial showing you how to find which coin is the most profitable:
First, create a list containing the name of all equipment that you have to use, example:
• GPU - AMD Radeon RX 580
• i7 Processor
Second, you need to access the Nicehash Calculator website and select the piece of hardware that you have available.
In our example, I will select the Graphics card AMD RX 580.
Click on the Calculate button and verify how much profit can be done with this equipment daily, weekly and monthly.
A comparison of which algorithm is more profitable will be shown in the bottom of the screen.
As you can see, the image above tells us that coins that use the CryptoNight algorithm are the most profitable.
Here is a quick list showing the algorithms used by the most popular coins:
• CriptoNight - You should mine MONERO
• Equihash - You should mine ZCASH
• DaggerHashimoto - You should mine ETHEREUM
• X11 - You should mine DASH
• Scrypt - You should mine LITECOIN
CONCLUSION
This tutorial presented a step by step procedure teaching you which equipment is required to start mining crypto coins using an AMD RX 580 or RX 480 graphic card.
