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[AudraMiller]

When you are mining any cryptocurrency the first thing that you will notice is that mining contracts and mining speeds are given in terms of hash rates. This pretty much gives you an indication of how much will be potentially earning when it comes to mining that specific cryptocurrency. However the one thing that I have never been able to gauge is what exactly these hash rates mean. Would anyone be able to clarify this for me?

Generally if you are doing it on a laptop you obtain a hash rate value of around 50. However if you are on mining equipment you can obtain a higher rate. Is this an indication as to the number of blocks that need to be mined before you see a reward?

 

[CarolPelu]

The hash rate is just a term for computing power.

The more hash rate you have, the more rewards you'll get from mining.

GPUs have different hash rates, even those that are the same model.

 

[AudraMiller]

The hash rate is just a term for computing power.

The more hash rate you have, the more rewards you'll get from mining.

GPUs have different hash rates, even those that are the same model.

Thank you for the information that you have provided here. Why do GPUs have different hash rates if they are the same model? Would this not then be an indication that they are of the same power and capabilities?

 

[CarolPelu]

Buying a GPU can sometimes be a lottery, depending on the manufacturer you can have as low as 19MH and as high as 25Mh on crypto mining (depending on the crypto and algorithm).

The worst thing is, you don't know what you will get till you boot it up. Even the same model, from the same company, can have different memory brands.

 

[AudraMiller]

Buying a GPU can sometimes be a lottery, depending on the manufacturer you can have as low as 19MH and as high as 25Mh on crypto mining (depending on the crypto and algorithm).

The worst thing is, you don't know what you will get till you boot it up. Even the same model, from the same company, can have different memory brands.

This is rather confusing, but would it depend on other operations that you computer may be running at that exact same time that may be taking away from the actual operation of the mining perhaps?

 

[CarolPelu]

This is rather confusing, but would it depend on other operations that you computer may be running at that exact same time that may be taking away from the actual operation of the mining perhaps?

Programs that use GPU (including your monitor) will affect the hash rate of the GPU. That's why you'll see that performant mining rigs don't have a monitor directly plugged in or other software installed that uses GPU.


So if you are using your gaming desktop to mine, you'd better turn off your monitor and close all unused applications. This way you'll allow your GPU to focus on mining, not something else.

 

[Kubiat-Abasi]

When you are mining any cryptocurrency the first thing that you will notice is that mining contracts and mining speeds are given in terms of hash rates. This pretty much gives you an indication of how much will be potentially earning when it comes to mining that specific cryptocurrency. However the one thing that I have never been able to gauge is what exactly these hash rates mean. Would anyone be able to clarify this for me?

Generally if you are doing it on a laptop you obtain a hash rate value of around 50. However if you are on mining equipment you can obtain a higher rate. Is this an indication as to the number of blocks that need to be mined before you see a reward?

To me, I think hashrate has to do with the speed which someone is mining or the speed at which fellow recruited miners contribute to the overall mining speed. Hashrate is mainly adopted in mining sites, like in Satoshi BTCs, where you get accumulation of BTC for 7 consecutive days, you'd have to recruit miners if your mining speed and hashrate must be increased as well.

 

[AudraMiller]

To me, I think hashrate has to do with the speed which someone is mining or the speed at which fellow recruited miners contribute to the overall mining speed. Hashrate is mainly adopted in mining sites, like in Satoshi BTCs, where you get accumulation of BTC for 7 consecutive days, you'd have to recruit miners if your mining speed and hashrate must be increased as well.

Hash rate does have to do with how much you are able to mine of the coin and it will be dependant on the cpu power that you have in your laptop or your machine and the higher it is then it is much better for you because then you can get more rewards for a shorter period of time.

 

[Ming98]

The hashrate of a miner is a measurement of how many mathematical calculations the miner can perform per second. The higher the hashrate, the more likely the miner is to solve the mathematical problem required to mine a block of cryptocurrency. As a result, miners with higher hashrates are more profitable because they have a better chance of finding new blocks and earning the block reward. The hashrate of a miner is typically measured in hashes per second (H/s) or megahashes per second (MH/s).