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Viktor Trón edited this page Jun 16, 2015 · 50 revisions

Mining Rewards

Note that mining 'real' Ether will start with the Frontier release. On the Olympics testnet, the Frontier pre-release, the ether mined have no value.

Transaction fees

Uncles

Ethash DAG

Ethash uses a DAG (directed acyclic graph) for the proof of work algorithm, this is generated for each epoch, i.e every 30000 blocks (100 hours). The DAG takes a long time to generate. If clients only generate it on demand, you may see a long wait at each epoch transition before the first block of the new epoch is found. However, the DAG only depends on block number, so it CAN and SHOULD be calculated in advance to avoid long wait at each epoch transition. geth implements automatic DAG generation and maintains two DAGS at a time for smooth epoch transitions. Automatic DAG generation is turned on and off when mining is controlled from the console. It is also turned on by default if geth is launched with the --mine option. Note that clients share a DAG resource, so if you are running multiple instances of any client, make sure automatic dag generation is switched on in at most one client.

To generate the DAG for an arbitrary epoch:

geth makedag <block number> <outputdir>

For instance geth makedag 360000 ~/.ethash. Note that ethash uses ~/.ethash (Mac/Linux) or ~/AppData/Ethash (Windows) for the DAG so that it can shared between clients.

Mining with Geth

NOTE: Ensure your blockchain is fully synchronised with the main chain before starting to mine, otherwise you will not be mining on the main chain.

When you start up your ethereum node with geth it is not mining by default. To start it in mining mode, you use the --mine command line option. The -minerthreads parameter can be used to set the number parallel mining threads (defaulting to the total number of processor cores).

geth --mine --minerthreads=4

You can also start and stop CPU mining at runtime using the console. admin.miner.start takes an optional parameter for the number of miner threads.

> admin.miner.start()
true
> admin.miner.stop()
true

Note that mining for real ether only makes sense if you are in sync with the network (since you mine on top of the consensus block). Therefore the eth blockchain downloader/synchroniser will delay mining until syncing is complete, and after that mining automatically starts unless you cancel your intention with admin.miner.stop().

In order to earn ether through you need to have a coinbase (or etherbase) address set. This etherbase defaults to your primary account. If you got no etherbase address set, then geth --mine will not start up.

> eth.coinbase
'0x'
> admin.newAccount()
The new account will be encrypted with a passphrase.
Please enter a passphrase now.
Passphrase:
Repeat Passphrase:
'ffd25e388bf07765e6d7a00d6ae83fa750460c7e'
> eth.coinbase
'0xffd25e388bf07765e6d7a00d6ae83fa750460c7e'

Note that your coinbase does not need to be an address of a local account, just an existing one.

geth --etherbase '0xa4d8e9cae4d04b093aac82e6cd355b6b963fb7ff' --mine console 2>>geth.log

There is an option to add extra Data (up to the limit of 1Kb) to your mined blocks. By convention this is interpreted as a unicode string, so you can set your vanity tag.

admin.miner.setExtra("ΞTHΞЯSPHΞЯΞ")
...
admin.debug.printBlock(131805)
BLOCK(be465b020fdbedc4063756f0912b5a89bbb4735bd1d1df84363e05ade0195cb1): Size: 531.00 B TD: 643485290485 {
NoNonce: ee48752c3a0bfe3d85339451a5f3f411c21c8170353e450985e1faab0a9ac4cc
Header:
[
...
        Coinbase:           a4d8e9cae4d04b093aac82e6cd355b6b963fb7ff
        Number:             131805
        Extra:              ΞTHΞЯSPHΞЯΞ
...
}

You can check your hashrate with admin.miner.hashrate , the result is in H/s (Hash operations per second).

> admin.miner.hashrate()
712000

After you successfully mined some blocks, you can check the ether balance of your coinbase account. Now assuming your coinbase is a local account:

> eth.getBalance(eth.coinbase).toNumber();
'34698870000000' 

In order to spend your earnings on gas to transact, you will need to have this account unlocked.

> admin.unlock(eth.coinbase)
Please enter a passphrase now.
Passphrase:
true

You can check which blocks are mined by a particular miner (address) with the following code snippet on the console:

function minedBlocks(lastn, addr) {
  addrs = [];
  if (!addr) {
    addr = eth.coinbase
    limit = eth.blockNumber - lastn
    for (i = eth.blockNumber; i >= limit; i--) {
	if (eth.getBlock(i).miner == addr) {
	  addrs.push(i)
        }
    }
    return addrs
}
// scans the last 1000 blocks and returns the blocknumbers of blocks mined by your coinbase 
// (more precisely blocks the mining reward for which is sent to your coinbase).   
minedBlocks(1000, eth.coinbase);
//[352708, 352655, 352559]

Note that it will happen often that you find a block yet it never makes it to the canonical chain. This means when you locally include your mined block, the current state will show the mining reward credited to your account, however, after a while, the better chain is discovered and we switch to a chain in which your block is not included and therefore no mining reward is credited. Therefore it is quite possible that as a miner monitoring their coinbase balance will find that it may fluctuate quite a bit.

The logs show locally mined blocks confirmed after 5 blocks. At the moment you may find it easier and faster to generate the list of your mined blocks from these logs.

Mining success depends on the set block difficulty. Block difficulty dynamically adjusts each block in order to regulate the network hashing power to produce a 12 second blocktime. Your chances of finding a block therefore follows from your hashrate relative to difficulty. The time you need to wait you are expected to find a block can be estimated with the following code:

INCORRECT...CHECKING

etm = eth.getBlock("latest").difficulty/admin.miner.hashrate(); // estimated time in seconds
Math.floor(etm / 3600.) + "h " + Math.floor((etm % 3600)/60) + "m " +  Math.floor(etm % 60) + "s";
// 1h 3m 30s

Given a difficulty of 3 billion, a typical CPU with 800KH/s is expected to find a block every ....?

GPU mining


Hardware

The algorithm is memory hard and in order to fit the DAG into memory, it needs 1-2GB of RAM on each GPU. If you get Error GPU mining. GPU memory fragmentation? you havent got enough memory.

The GPU miner is implemented in OpenCL, so AMD GPUs will be 'faster' than same-category NVIDIA GPUs. fglrx a cudacl are your friends.

ASICs and FPGAs are relatively inefficient and therefore discouraged.

Getting openCL for your chipset and platform, try:

On Ubuntu

AMD

download:

ADL_SDK8.zip 
AMD-APP-SDK-v2.9-1.599.381-GA-linux64.sh

./AMD-APP-SDK-v2.9-1.599.381-GA-linux64.sh ln -s /opt/AMDAPPSDK-2.9-1 /opt/AMDAPP ln -s /opt/AMDAPP/include/CL /usr/include ln -s /opt/AMDAPP/lib/x86_64/* /usr/lib/ ldconfig reboot


apt-get install fglrx // wget, tar, opencl aticonfig --adapter=all --initial

### Nvidia
The following instructions are, for the most part, relevant to any system with Ubuntu 14.04 and a Nvidia GPU.
[Setting up an EC2 instance for mining](https://forum.ethereum.org/discussion/comment/8889/#Comment_8889)

## On MacOSx

wget http://developer.download.nvidia.com/compute/cuda/7_0/Prod/local_installers/cuda_7.0.29_mac.pkg sudo installer -pkg ~/Desktop/cuda_7.0.29_mac.pkg -target / brew update brew tap ethereum/ethereum brew reinstall cpp-ethereum --with-gpu-mining --devel --headless --build-from-source


You check your cooling status:

    aticonfig --adapter=0 --od-gettemperature

## Mining Software

Currently `geth` only supports a CPU miner natively. We are working on a GPU miner, but it may not be available for the Frontier release. Geth however can be used in conjunction with `ethminer`, using the standalone miner as workers and `geth` as scheduler communicating via [JSON-RPC](https://github.com/ethereum/wiki/wiki/JSON-RPC). 

The [C++ implementation of Ethereum](https://github.com/ethereum/cpp-ethereum/) (not officially released) however has a GPU miner. It can be used from `eth`, `AlethZero` (GUI) and `ethMiner` (the standalone miner). 

[You can install this](https://github.com/ethereum/cpp-ethereum/wiki/Installing-clients) via ppa on linux, brew tap on MacOS or from source. 

On MacOS:

brew install cpp-ethereum --with-gpu-mining --devel --build-from-source


On Linux:

apt-get install cpp-ethereum


On Windows: 

## GPU mining with ethminer 
To mine with `eth`:

eth -m on -G -a -i -v 8 //


To install `ethminer` from source:

cd cpp-ethereum cmake -DETHASHCL=1 -DGUI=0 make -j4 make install


To set up GPU mining you need a coinbase account. It can be an account created locally or remotely. 

### Using ethminer with geth

geth account new geth --rpccorsdomain localhost 2>> geth.log & ethminer -G // -G for GPU, -M for benchmark tail -f geth.log


`ethminer` communicates with geth on port 8545 (the default RPC port in geth). You can change this by giving the [`--rpcport` option](https://github.com/ethereum/go-ethereum/Command-Line-Options) to `geth`.
Ethminer will find get on any port. Note that you need to set the CORS header with `--rpccorsdomain localhost`. You can also set port on `ethminer` with `-F http://127.0.0.1:3301`

Also note that you do **not** need to give `geth` the `--mine` option or start the miner in the console unless you want to do CPU mining on TOP of GPU mining. 

If the default for `ethminer` does not work try to specify the OpenCL device with: `--opencl-device X` where X is 0, 1, 2, etc.
When running `ethminer` with `-M` (benchmark), you should see something like:

    Benchmarking on platform: { "platform": "NVIDIA CUDA", "device": "GeForce GTX 750 Ti", "version": "OpenCL 1.1 CUDA" }

or 

    Benchmarking on platform: { "platform": "Apple", "device": "Intel(R) Xeon(R) CPU E5-1620 v2 @ 3.70GHz", "version": "OpenCL 1.2 " }

To debug `geth`:

geth --rpccorsdomain "localhost" --verbosity 6 2>> geth.log


To debug the miner: 

make -DCMAKE_BUILD_TYPE=Debug -DETHASHCL=1 -DGUI=0 gdb --args ethminer -G -M


### ethminer and eth

`ethminer` can be used in conjunction with `eth` via rpc

eth -i -v 8 -j // -j for rpc ethminer -G -M // -G for GPU, -M for benchmark tail -f geth.log


or you can use `eth` to GPU mine by itself:

eth -m on -G -a -i -v 8 //


# Further Resources:

* [ethereum forum mining FAQ live update](https://forum.ethereum.org/discussion/197/mining-faq-live-updates)
* [yates randall mining video](https://www.youtube.com/watch?v=CnKnclkkbKg)
* https://blog.ethereum.org/2014/07/05/stake/
* https://blog.ethereum.org/2014/10/03/slasher-ghost-developments-proof-stake/
* https://blog.ethereum.org/2014/06/19/mining/
* https://github.com/ethereum/wiki/wiki/Ethash
* [Benchmarking results for GPU mining](https://forum.ethereum.org/discussion/2134/gpu-mining-is-out-come-and-let-us-know-of-your-bench-scores)
* [historic moment](https://twitter.com/gavofyork/status/586623875577937922)
* [live mining statistic](https://etherapps.info/stats/mining)
* [netstat ethereum network monitor](stats.ethdev.com)
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