Betterhash adapts the hardware according to the most profitable crypto to mine and you don’t need much technical knowledge to use this platform.
An important aspect that concerns the crypto world is mining, as you can mine some cryptos by your own means.
We have already analyzed how to mine Ethereum (ETH), which are the easiest and also an interesting Bitcoin mining system (BTC) on the EOS blockchain.
A barrier that many people see in undermining any crypto is the knowledge needed to start the procedure for mining, since they are usually systems designed by developers and require to interface to the command line.
Mining Guide with Betterhash
The first step to do is to download the software on our pc. The app is supported only by Windows.
To install it on our pc, we need to disable any protection system from our pc otherwise the program will not work.
The interesting thing about this system is that you don’t need an account to start as all the mined crypto will be saved inside the program and then, only later, we will be able to create an account to make the withdrawal.
The withdrawal is free of fees since the only commissions that you pay are those of the pools, which are around 1% and those of the network.
Once the program starts, we will have to download the test files so that we can measure our performance and see which hardware is best to use, CPU or GPU.
We can also do the test with the different algorithms of the different blockchain. In addition, all tests allow us to recover a small amount of crypto that will be directly credited to our account.
Our test involves as hardware a CPU i5-10500 and a graphics card nVIDIA GeForce GTX 1660 Super.
The results took one hour. In doing so we discovered that our hardware is compatible with RandomX to undermine Monero with our CPU and all the others with our graphics card.
Now we choose the crypto we want to mine and click on the “Apply” button.
We have chosen Monero (XMR) and Ethereum (ETH). This will immediately start mining the chosen crypto.
With our hardware we can see that with our GPU we will reach about 19 Mh/s.
In a month we will recover 0.1 ETH, while with our Crypto Cash we will get little, about 1900 H/s. In a month we will also get 0.05 XMR.
In total then we can recover 4 dollars in XMR and a little less than 50 dollars with ETH.
Obviously these are estimated monthly values that we will get if we leave our hardware on and then our pc 24/7, which would cause 2 problems:
– The wear and tear of the components;
– Huge energy costs.
So, only if we really have a low cost for the energy then in theory in about 1 year we will recover 1 ETH and, if the price of the asset reaches important figures then we can say that we have recovered the cost of the card and that of the current.