How long does it take to mine 1 Ethereum with RTX 3080?
How long does it take to mine 1 Ethereum with RTX 3080? at its current rate of about 0.002($7.80 at time of writing this) per 24 hours, it would be just over a year not taking into account eclectic costs.
| 1 Day | 1 Month | |
|---|---|---|
| 💵 Income | 0.00001251 BTC 0.79 USD | 0.00045549 BTC 28.84 USD |
| âš¡ El. costs | 0.00000000 BTC 0.00 USD | 0.00000000 BTC 0.00 USD |
| 💰 Profit | 0.00001251 BTC 0.79 USD | 0.00045549 BTC 28.84 USD |
Considering the current difficulty level, mining 1 Ethereum takes about 60 days.
Answer: It takes around 7.5 days to mine Ethereum as of September 13, 2021, at the hash rate or hashing power of 500 mh/s with an NVIDIA GTX 3090 that hashes at around 500MH/s. With a GPU that hashes at around 28.2 MH/S, it should take much longer. The profit returned is not equal to the amount of Ethereum.
Note that the RTX 3080 and 3090 GPUs will start to thermal throttle at around 95°C mark. Of course, lower temperatures are better but most likely, your GPU will not reach temperatures below 60°C (GPU) / 80°C (VRAM) when mining, unless you have very cool ambient temperatures or your GPU is water-cooled.
NVIDIA GeForce RTX 3080 can generate more than 22.49 USD monthly income with a 142.26 H/s hashrate on the BTG - ZHash (GMiner) algorithm.
Other cryptocurrencies like Ethereum, Litecoin, and Bitcoin Cash are also profitable to mine. These coins use a different mining algorithm than Bitcoin, which makes them easier to mine with GPUs. However, the profitability of these coins depends on their market value and mining difficulty.
Theoretically, it can take about 13-15 seconds to mine 1 ETH. However, it does not mean that you'll be able to earn after 15 seconds of mining. Although today it can take around 7.5 days to mine Ethereum with an NVIDIA GTX 3090 that hashes at around 500MH/s.
- Pool mining.
- Mining alone.
- Use of cloud mining services.
By 2017, Ether had gained popularity and reached the $100 mark in May 2017. By the end of 2017, Ether had reached a value of $774.69 and within the first week of 2018, it crossed the $1000 mark.
What is the most profitable crypto to mine?
- Bitcoin (BTC) Bitcoin is the largest crypto by market capitalization and the most popular cryptocurrency to mine, with a reward of 6.25 BTC per block - although this is due to halve soon. ...
- Litecoin (LTC) ...
- Zcash (ZEC) ...
- Dogecoin (DOGE) ...
- Dash (DASH) ...
- Ravencoin (RVN) ...
- Vertcoin (VTC) ...
- Ethereum Classic (ETC)
As of Wednesday, April 17, 2024, it would take 0.000 days to mine 1 Ethereum at the current Ethereum difficulty level along with the mining hashrate and block reward; a Ethereum mining hashrate of 6,000.00 MH/s consuming 4,500.00 watts of power at $0.10 per kWh, and a block reward of 2 ETH.
The most straightforward way to mine ETH is by joining one of many Ethereum mining pools like SparkPool, Nanopool, F2Pool and many others. These allow miners to have a constant stream of income instead of a random chance of finding a whole block once in a while.
Ethereum mining needs a minimum runtime memory of 4GB per GPU to perform optimally. To calculate the RAM, you need to install it accordingly. Also, the GPU's RAM must be at least 6GB.
The Alienware Aurora R11 Gaming Desktop is an excellent choice for a gaming desktop PC, and it's also one of the best mining PCs money can buy, thanks to the powerful components inside, including Intel's i7-10700KF processor, which offers 8 cores with 16 threads for multitasking.
| Coin | Algorithm | Hashrate |
|---|---|---|
| Neurai (XNA) | KawPow XNA | 42.0 MH/s |
| Cloreai (CLORE) | KawPow CLORE | 42.0 MH/s |
| Conflux (CFX) | Octopus CFX | 94.0 MH/s |
| Iron Fish (IRON) | FishHash IRON | 61.0 MH/s |
Priced competitively at $820 upon its launch, the RTX 3080 12GB maintains the capability to mine Ethereum, Ethereum Classic, Ravencoin, Zcoin, and Cortex. With the added memory, it also more efficiently mines Grin on the more demanding Cuckatoo32 algorithm.
What is your safe GPU temparature for mining? - Quora. Everything under or within range of 75-80 degrees (Celcius) is good for a long-term load. Keeping its temperature under 75 degrees is safer than keeping it at 80, but 80 degrees is still relatively safe temperature for a long-term load.
Crypto mining can strain your PC's resources, primarily through heat generation and increased wear and tear on hardware like the CPU and GPU. Proper cooling, a reliable power supply, and moderate usage are crucial to minimize risks and extend your PC's lifespan while mining.
While GPU mining remains relevant for individuals, high-volume block production requires the new ASIC set-up to stay competitive in the modern landscape.
Which graphic card is best for mining ethereum?
NVIDIA GeForce RTX 3090 Ti
It's particularly effective for mining various cryptocurrencies, including Ethereum (ETH), Conflux (CFX), and Zano (ZANO). With 24 GB of GDDR6X VRAM and an impressive 10,752 CUDA cores, the RTX 3090 Ti not only excels in crypto mining but also provides an exceptional gaming experience.
In conclusion, Bitcoin mining and Ethereum mining present distinct paths to potential profits in the world of cryptocurrencies. While Bitcoin remains the gold standard and a stable choice for miners, Ethereum offers exciting possibilities with its shift to PoS and a versatile platform for DApps.
As of March 2023, the current block reward for mining Ethereum is 2 ETH per block. Assuming an average block time of 13 seconds, this translates to approximately 216 blocks per day or 6,480 blocks per month.
ice is the newest digital currency that you can mine for free using your phone. The ice project has been imagined to bring back trust in digital assets and deliver a true sense of community for users who don't have the financial resources to mine Bitcoin or are simply too late to enter the game. 4- Sidra Bank.
Solo mining can offer higher returns over time than pool mining, but it requires patience and can take longer to find blocks. Pool mining is preferred for altcoin or bitcoin mining, so solo mining should only be pursued if large amounts of hash power are acquired.
