I am a little bit new in Ethereum Mining but I took a couple of days to read, study and understand the concept. I make my system (a clean one) Linux Ubuntu 14.04 ONLY for Ethereum Mining. I installed and ran successfully go-ethereum and ethminer and followed the tutorials to ensure I am mining.

The problem is that after a full day of mining my account balance is still 0.

I am doing GPU Mining with a nVIDIA GTX 770 with 2GB RAM

I will post here a part of my go-ethereum log just to make sure I am doing everything right. But after this some information:

How I ran those application

1 - geth account new

2 - ethminer -G

3 - geth --rpc --rpccorsdomain localhost 2>> geth.log &

4 - Sometime I also do a miner.setEtherbase(eth.accounts[0]) in geth console just to make sure that the mining is for my my account, I am not sure if this works so please tell me.


I0613 16:48:27.522828 miner/worker.go:555] commit new work on block 1698729 with 15 txs & 0 uncles. Took 24.576085ms 
I0613 16:48:32.004443 core/blockchain.go:964] imported 1 block(s) (0 queued 0 ignored) including 15 txs in 13.837336ms. #1698729 [6a43bf6a / 6a43bf6a]  
I0613 16:48:32.005840 miner/worker.go:555] commit new work on block 1698730 with 1 txs & 0 uncles. Took 1.249741ms 
I0613 16:48:57.807846 core/blockchain.go:964] imported 1 block(s) (0 queued 0 ignored) including 1 txs in 3.698201ms. #1698730 [5e61b773 / 5e61b773]

And the ethminer shows the processing mining and stuff.

Am I doing something wrong?

Thank you.


You won't succeed unless you are more patient and have a higher hashrate, please get some info about your rewards capabilities on a mining reward calculator, see Does my mining situation sound normal?

  • 2
    Thank you, I joined a mining pool to see if I get coins faster, let's see but I think my GTX 770 is not worthy Eth Mining. Jun 14 '16 at 13:09
  • Be also aware that it will cost you more electricity than what you'll get as reward. Also consider that your hardware will age very fast. Jun 14 '16 at 13:13
  • Only one more question sir, I joined a mining pool so now I only start my ethminer. I start like this: - ethminer -F eth1.nanopool.org:8888/… -G Is it the right way to start it with a mining pool? The 0xBC0d125d044b42Ba55a3c131cD6AfbedF71052BC is my account address. By the way, I calculated with you tool, it will give me 1 Ether per month, thanks for your help. Jun 14 '16 at 13:27
  • Yes you're right, but again I advise you that you'd better buy some Ether from an exchange. Good luck and welcome to Ethereum! Jun 14 '16 at 13:43

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