As the world’s second largest cryptocurrency by market capitalization, Ethereum has garnered a lot of attention from investors and crypto enthusiasts over the past year. One of the most common questions asked about Ethereum is whether or not it is possible to mine the cryptocurrency with an Intel GPU.
The simple answer is yes, it is possible to mine Ethereum with an Intel GPU. However, there are a few things to keep in mind before getting started.
First and foremost, mining any cryptocurrency is a very resource-intensive process and is not recommended for those without experience or knowledge in the field. Secondly, Ethereum is currently in the midst of a major upgrade called “Ethereum 2.
0” which will eventually switch the network from a Proof-of-Work (PoW) consensus algorithm to a Proof-of-Stake (PoS) consensus algorithm. This upgrade is expected to be completed sometime in 2021 and will make mining Ethereum much less profitable (if not impossible) for those using PoW mining rigs.
With that said, if you still want to mine Ethereum with an Intel GPU (or any other type of GPU for that matter), there are a few things you need to do in order to get started. First, you’ll need to download and install a mining software such as Claymore’s Dual Ethereum+Decred GPU Miner.
Next, you’ll need to create an account on an Ethereum mining pool such as Nanopool or Ethermine. Finally, you can start mining by running the miner software and connecting it to your chosen pool.
Keep in mind that even if you are able to successfully mine Ethereum with an Intel GPU, it is highly unlikely that you will be able to turn a profit given the current state of the Ethereum network and cryptocurrency markets in general. So unless you’re mining just for fun or have excess electricity available at little to no cost, we wouldn’t recommend getting into Ethereum mining expecting to make any money.