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Ethereum mining uses “Dagger-Hashimoto” algorithm for hashing, therefore the AMD video cards are better at memory-intensive workloads, but i’ll post the hash. A Beginner’s Guide. Mining, and Storing Ethereum (ETH) Buying. Double-click that.bat file you created and go to bed while your GPUs go. CPU Mining with Geth. A GPU and b) an Ethereum client, Geth. CPU mining will be possible but too inefficient to hold any value. >eth.getBalance.