For example, as of Dec. 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 many GPU do I need for mining?
GPUs are the most crucial part of the whole mining rig setup as it’s the component that generates the profits. It’s recommended you purchase six GTX 1070 GPUs .16 Mar 2022
Read moreWhat hardware do I need for mining?
Depending on the coin, you will either need an ASIC miner (computer exclusively designed for mining specific coins) or a PC with a powerful GPU (graphics card) or CPU (processor) in some cases .
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