The only guide you need for crypto mining on Ubuntu 2022

Summary

This article provides a comprehensive guide for individuals with NVIDIA GPUs on Ubuntu 20.22 to mine Ethereum as a passive income source, emphasizing the use of nsfminer for its no-fee policy and offering tips for optimization.

Abstract

The guide is tailored for machine learning enthusiasts on Ubuntu 20.22 who wish to utilize their NVIDIA GPUs for crypto mining, specifically Ethereum, when the GPUs are idle. It walks readers through the process of setting up the mining software, choosing a mining pool like 2Miners, and executing the necessary command to start mining. The article also discusses the importance of having a crypto wallet, recommending platforms like FTX or Binance for obtaining an Ethereum wallet address. Additionally, it provides insights into optimizing GPU performance and power consumption for efficient mining operations.

Opinions

The author believes that earning passive income through crypto mining is advantageous, especially with the high cost of graphic cards.
They suggest using nsfminer due to its no-fee policy, which is preferred over other miners like ethminer.
The author has a positive view of the 2Miners pool, citing its low fees and the option to withdraw Ethereum in Bitcoin as key benefits.
The article promotes the idea of maximizing mining efficiency and GPU longevity by overclocking and adjusting power limits and fan speeds.
The author expresses a personal preference for setting the GPU clock to -200 and memory to 1200, while noting that individual testing is necessary to find the optimal settings.
There is an underlying urgency to mine Ethereum before the transition to Eth2, which is expected to change the mining landscape.
The author requests support by asking readers to follow their account to prevent removal from Medium's Partner program, indicating a concern for content creators' livelihood on the platform.

The only guide you need for crypto mining on Ubuntu 2022

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Many people do machine learning on Ubuntu and want to min cryptos when they are not using the gpus. They are not professional miners but it will be great to earn some passive incomes given the graphic cards are so expensive today. In the tutorial, I will go through all the steps to earn your crypto passive income.

I assume you have your nvidia drivers and gpus installed. We are going to mine ethereum because it’s now the most profitable crypto in mining today.

If you do not have an eth wallet address, sign up on FTX or Binance.

Miners

Mining is simple. You just need to enter one command in the terminal. There are many miners in the market, the most popular one is https://github.com/ethereum-mining/ethminer. We are going to use nsfminer because of no stinkin’ fees. Download the file and unzip it. If you are using 30x graphic cards, you probably fail to run the program because it’s not compiled for CUDA 11.2. Download the program here https://github.com/no-fee-ethereum-mining/nsfminer/releases.

Optimization

To max out your return/cost, overclock it with

sudo nvidia-settings

Usually, I set the clock to -200 and memory to 1200. There is no single solution and you need to test it yourself.

Use

sudo nvidia-smi -i 0 -pl POWER

to limit the power usage. Usually 80% of the maximum power.

Limit the fan to 50% so you don’t break the fan very quickly. Control the temperature.

The only guide you need for crypto mining on Ubuntu 2022

Miners

Pool

Command

Optimization

Conclusion