Choosing the Minimum Difficulty for Ethereum Mining: A Guide to Slush Pool
As a miner with an Antminer S9 equipped with Slush Pool, you are probably familiar with the importance of choosing the right mining difficulty for optimal performance and maximizing your earnings. But did you know that there is more to it than just understanding how to adjust the minimum difficulty in your pool settings?
In this article, we will delve into the details of Slush Pool’s “minimum difficulty” and provide a step-by-step guide on how to choose the optimal difficulty for your Ethereum mining rig.
Understanding the Minimum Difficulty Setting
When you join a mining pool like Slush Pool, each member (or “pool member”) is assigned a share of the pool’s total hashing power. The minimum difficulty setting refers to the lowest level of computing power required to mine a new block. This value will vary over time due to changes in network demand, changes in hash rate, and other factors.
Pool Auto-Adjusting Minimum Difficulty
To simplify your mining experience, Slush Pool automatically sets the difficulty based on current market conditions and network demand. The pool uses a complex algorithm to determine the optimal minimum difficulty for each new block you mine. This means you don’t have to manually adjust the difficulty level every time – it’s done behind the scenes!
How to Choose a Minimum Difficulty
To find the optimal minimum difficulty for your Antminer S9 with Slush Pool, follow these steps:
- Log in to your account: Go to the Slush Pool website and log in to your account with your username and password.
- Go to Mining Settings: Click on “Mining” in the top navigation menu, then select “Settings”.
- Select Mining Difficulty
: Click on “Difficulty” in the left menu. You will see a drop-down menu called “Automatic Minimum Difficulty Adjustment”.
- View Current Difficulty: Click on the “Current Difficulty” button to see the latest auto-adjusted minimum difficulty for your mining rig.
- Select an Alternative Difficulty Level (Optional): If you want to manually adjust the minimum difficulty, click on the “Manual Setting” link next to the Auto-Adjusting Minimum Difficulty option. This allows you to set a custom difficulty level that the pool will not automatically adjust.
Important Notes
- Slush Pool automatically adjusts the minimum difficulty based on historical data and market conditions.
- Manually adjusting the minimum difficulty may cause your mining rig to degrade or even temporarily shut down due to excessive computing power requirements.
- Please note that choosing an alternative difficulty level may not necessarily improve your earnings, as it is determined by the pool’s algorithm rather than manual adjustment.
Conclusion
Choosing the right minimum difficulty level is crucial for optimal Ethereum mining with Slush Pool. By understanding how the automatically adjusting minimum difficulty level works and following these steps, you can find the perfect balance between earning rewards and minimizing the computing power requirements of your mining rig. Happy mining!