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 is Ethereum profit calculated?
You calculate crypto profit by subtracting the selling price from the cost price of the cryptocurrency . That is one of the simplest ways to calculate your profit and loss.
Read moreWhat do you need to mine Ethereum?
Mining Software & Hardware requirements
Read moreWhat do you mine after Ethereum?
The most profitable coins after Ethereum right now are: FIRO, Ravencoin and Cortex . Remember that it may change fast, maybe in a day or even in an hour. The system of any cryptocurrency mined on GPUs may be considered a closed loop: miners often switch from one coin to another depending on mining profitability.
Read moreWhat is the best hardware to mine Ethereum?
GeForce RTX 2060 Super : Ethereum mining needs a lot of memory bandwidth, and all of the RTX 20-series GPUs with 8GB end up at around 44MH/s and 130W of power, meaning you should buy whichever is cheapest. That’s usually the RTX 2060 Super, or maybe the older RTX 2070.
Read moreWhat do I need to mine 1 Ethereum a day?
So, all in all, you would need at least $100,000 to mine one Ethereum a day in 2020.
Read moreIs mining Ethereum profitable?
As far as profitability on Ethereum mining is concerned, after peaking in mid-May 2021, when average profitability was as high as $0.28 (roughly Rs. 20) per day per MHash/s, it had fallen as low as $0.05 (roughly Rs. 4) between June and July, but then seemed to recover, rising to almost $0.09 (roughly Rs.
Read more