What is needed to mine Ethereum

Q #2) How long does it take to mine 1 Ethereum? 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.

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.

Currently, there are estimated to be 3,000-4,000 individual nodes, so 10,000 is a conservative estimate for post-merge): 1.44kWh daily usage * 10,000 network nodes = 14,400kWh per day . There are 86,400 seconds in a day, so 14,400 / 86,400 = 0.1667 kWh per second.