Hash rate is the computational power of generating hashes per second, more hashes mean generating new blocks quickly. Are you interested to know what the hash rate is and how to increase the hash rate of Ethereum? Here is a step-by-step guide, read each step given below carefully:
Challenges to Increase the Hash Rate
Solo mining is a big challenge to the hash rate, the reason is that it takes a lot of time to solve the mathematical puzzles, to increase the hash rate we always prefer pool mining because here different miners work collaboratively, they share their resources and segregate their tasks due to this approach they generate more hashes and solve the puzzles efficiently.
So here, we pick a point to increase the hash rate we always prefer to work in the pool.
How to Increase Hash Rate in Ethereum Mining
Let’s say you started mining not for fun purposes but for business purposes, so your main intention is to earn revenue, the first thing you must keep in mind while you create an idea to start your career in mining comes with the specialized setup like having a mining rig and always working in the form of a pool. There are 3 main ways to increase the Ethereum mining hash rate:
1: Using Mining Rig to Increase Hash Rate
2: Getting High Latency Rate and Unlocked Power
3: Overclocking Video Cards
1: Using Mining Rig to Increase Hash Rate
A powerful, custom-built personal computer called a "mining rig" is equipped with all of the necessary hardware, including RAM, storage, a motherboard, and a CPU. The main distinction is that the setup uses GPUs rather than CPUs, giving it high processing power and the ability to process hash calculations more quickly than the CPU. It draws miners' attention because of its high hash rate and simplicity of maintenance.
Antminer S19 Pro is the best rig to increase the hash rate, moreover, it gives efficiency, a high hash rate, and more power consumption.
Hardware Requirement to Create the Mining Rig
- GPUs (An MSI GeForce GTX 1070 Ti GAMING 8G GPU)
- ASICs (A Bitmain Antminer Bitcoin Miner S19 Pro),
- Motherboard (The ASUS Prime Z370-A Motherboard),
- CPU (An Intel Core i5-9400 Processor)
- RAM
- Power Supply Unit (A Straight Power 11 Platinum 1200W)
- Storage (A Samsung EVO SATA 2.5” SSD 250 GB)
Software Requirements to Create the Mining Rig
- Mining software Wineth, Go Ethereum, Cudo Miner, Ethermine
- Crypto Wallet to store the coins
- OS like WinETH, MinerGate, Go Ethereum
- Stable Internet Connection
- Continuous Power Supply
2: Getting High Latency Rate and Unlocked Power
The speed of the internet, or the amount of time needed for data to travel from source to destination, is known as latency. Let's use an example where the client pings the server and the server responds in 100ms. In this case, the latency rate is 100ms.
For mining, we need a high latency rate so that our resources can be shared in time to perform the mathematical hassles if it arrives late to the source and destination so there are more chances to miss the opportunity and moreover increase the risk of being rejected shares.
Furthermore, you need a continuous power supply to keep your devices in a running state. A little locked in power can leads you to a big loss.
3: Overclocking Video Cards
The video card is another way to increase the hash rate of Ethereum, by overclocking the video card you can enhance the speed more than normal by increasing the voltage.
Conclusion
So, in the above guide, I explained to you how to increase the hash rate of Ethereum, following the practices I mentioned to increase the hash rate in Ethereum Mining like Using Mining Rig, Getting High Latency Rate, Unlocked Power, and Overclocking Video Cards
