Mining profitability can change very quickly. A ETH mining difficulty of 12,415,674,484,510,518.00, a ETH mining hashrate of 750.00 MH/s consuming 1,350 watts of power at $0.10 per kWh , and a block reward of 2.00 ETH at $3,127.31 (ETH to USD).
Read moreHow much does an Ethereum mining rig make?
27, the estimated daily profit for an Ethereum miner using a single GPU was $4.59 . For Feathercoin, by way of comparison, miners were estimated to lose $0.58 per day. Obviously, to generate a significant amount of profit, you’d need to host a large number of GPUs using these calculations.
Read moreHow much does it cost to mine 1 Ethereum?
At a price of roughly $2,800 per ETH (at the time of writing), that’s quite a bit of value, but it only works if you actually solve a block. For all but the most dedicated of mining operations, the steady payouts that come from joining a mining pool are a far safer approach.
Read moreHow long does it take to mine 1 Bitcoin on a phone?
In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.
Read moreHow do you mine Ethereum for free in 2021?
Follow the steps listed below to get started with pool mining Ethereum:
Read moreHow long does it take to mine 1 Ethereum 2020?
Successful mining on the Ethereum network is valued at 3 Ether, in addition to all transaction fees and code-processing fees. However, on average, it takes only 12 seconds to mine Ethereum, whereas it takes about 10 minutes to mine a block of Bitcoin transactions.
Read moreHow do I get started with Ethereum mining?
How to Mine Ethereum
Read more