Mining on graphics cards is officially alive — a statement we made at the end of June. Then ROI calculator 2CryptoCalc promised more than a dollar income per day, even for a GTX 1060, so the conclusion was more than reasonable. But the predictions of the theory, but what about in practice? The response below. For the experiment we took three computers with gaming graphics cards and chose three of the most profitable coins. Tell how it was.
The purpose of the experiment is simple: to know whether it is possible today to earn on mining, even using one graphics card. But at the same time to clarify if it will mine bitcoin on your home computer, and how it is beneficial.
The conditions were as follows:
- we collected three computers with different graphics cards: Nvidia GTX 3GB 1060, 1070 and 1080ti;
- started mining on them for exactly one week. Do not turn off the computers, i.e. there were no pauses;
- in the beginning of the experiment chose the most profitable coin for mining for each of the graphics cards, everything is configured and started on mining-pool 2Miners. After the start, no changes are made, and monitors, and is turned off. Statistics of mining looked at the pool.
- just say that the computers worked for a week flawlessly. We have already eaten a dog on the Assembly of trusses, and this is in fact the same computer, only with a large number of graphics cards.
Mining-experiment from 2Miners
The start of the experiment took place the first of July — on Monday. We got down to business right after lunch. First had to choose the most profitable coin for mining. This went on 2CryptoCalc, imposed Hasrat each card from the experiment for all the algorithms and get the result.
How’s Nvidia GeForce GTX 1060 3 GB
Let’s start with the GeForce GTX 1060 3 GB Nvidia. Older model, but you can still buy in stores. For example, on Craigslist prices for used graphics card of this model starts from 7500 rubles. Thus in the ranking of the best graphics cards for mining often shines her older version to 6 GB.
What cryptocurrencies for mining to choose
Nvidia GeForce GTX 1060 3 GB can not cope with mining cryptocurrency Aeternity, which is in the top profitability for “green” graphics cards — the so-called Nvidia card. Because of the small memory card also can mine relatively demanding Zcoin and Grin. So you need to choose something else.
2CryptoCalc recommend mine Bitcoin Gold.
Dig BTG is not difficult. Look at the video how easy it is to start mine. The movie is less than 3 minutes.
Course Bitcoin Gold
After selecting the coins we recorded the course. For one coin Bitcoin Gold gave 26.3 per dollar.
At the end of the experiment, the value of a coin BTG was 26.66 USD per coin. Eventually received a small increase in the cryptocurrency.
Projected earnings of mining on GTX 1060 3 GB
After fixing of rates we tested the graphics card and defined Hasrat. Then recorded the projected profit for each coin.
Important point: the ROI calculator mining 2CryptoCalc can’t predict the future. The service knows the current rates of return and based on them displays the result. Therefore, deviations in forecasted and actual data is fine.
Now, how many could earn Nvidia GeForce GTX 1060 3 GB for a week on Bitcoin Gold. 4.31 the dollar — not too bad.
How’s the GTX 1060 3 GB in practice
We joined a pool 2Miners and started mine. All statistics are in the public domain. Data for the GeForce GTX 1060 3 GB, which dug Bitcoin Gold here.
Graphics card just earned 0.13551 BTG, which on the current exchange rate of the dollar equivalent of 3.61. Recall that in the experiment calculator promised 0.1635 BTG after a week. Obviously, during this time, the number of miners in the network increased, causing the difficulty of mining has increased. This was due to the appreciation of the coins so mine it ran the miners that dug the Ethereum or Beam.
See also: Complexity and Hasrat network Ethereum on the fingers.
It was so: for weeks the coin increased rate. The miners noticed the growth of profitability and switched to Bitcoin mining Gold. Because the miners in the network has increased, the complexity of production increased.
And here are the numbers as evidence: on the day of the end of the experiment the difficulty of the Bitcoin network Gold was $ 245.09 K. Complexity to this week — 196.54 K, that is, the indicator increased by 1.24 times. If anything, he fixed the screenshots with the forecast yield at the beginning of the article.
How much was spent on electricity
A computer with a GTX 1060 3 GB consumes 160 watts. A day is 3.84 kWh, and a week — 26.88 kWh, the Average rate in Moscow and St. Petersburg is 4 rubles per kilowatt*hour, so that the operation system unit cost 107.52 1.69 ruble or the dollar. Note that in many regions electricity is cheaper. For example, in the Irkutsk region the price is close to 1 ruble per kWh.
The total net profit of the Bitcoin mining Gold for the GeForce GTX 1060 3 GB — 1.92 dollar (3.61-1.69).
That is, we get 7.68 dollars a month or a nice 92 bucks a year just for the fact that we have a working video card. This will be enough for BU map, consider that she herself paid for the year. Or upgrade to the older model — what else does a gamer! And when you consider that the warranty on graphics cards now for 3 years on average, and the damage can not be afraid.
How’s Nvidia GeForce GTX 1070
GTX 1070 checked by the same principle. We started with the choice of cryptocurrency, which we dig.
That mine on the GTX 1070
GTX 1070 has 8 GB of memory, therefore, restrictions in the choice of coins there. It is possible mine Aeternity — and that it was in the top for profitability. The result was about 1.5 dollars a day.
The day began experiment, for one coin AE gave 0,4701 dollar.
A week later Aeternity fell to 0,4590 dollar per coin. The subsidence rate is small, but it’s there.
Projected earnings of mining on a GTX 1070
Then we went to 2CryptoCalc and recorded his prediction for GTX 1070. The calculator advised me to count to exactly 10 dollars on Aeternity in seven days.
How’s mining for GTX 1070
Then connected the computer with the GTX 1070 to mining-pool Aeternity on 2Miners. Here are the detailed results of production.
Just the card would work 16.74683 AE or 7.68 USD. Recall that the calculator predicted an income of $ 10. It is also affected by the rise in the complexity of extraction: 906.9 vs 1.49 M, that is, the jump in 1.65 times.
It turns out that the number of miners Aeternity increased 1.65 times. Since the rules of the network are constant, and the time of mining a single block is fixed, the complexity of production proportionally increased. But our map was left with the same capacity, so to bring it was less than planned.
The cost of electricity
Computer with GeForce GTX 1070 spends 270 watts. It 45.36 kWh per week, for which you need to give 181.44 2.86 ruble or the dollar.
The resulting net profit of mining Aeternity on GeForce GTX 1070 — 4.82 dollar (7.68-2.86).
And this is a 231 dollar a year. Sounds great. Well, if the increase rate or decrease the complexity of production — then it will be quite good. In addition, advanced miners set card to low power consumption and save 20-30 percent on electricity. It is absolutely real.
How’s Nvidia GeForce GTX 1080ti
Last, we tested the flagship GTX 1080ti. Its main advantage — the presence of 11 GB of memory, which allow mine any cryptocurrency. For a choice of coins used 2CryptoCalc.
That mine on GTX 1080ti
For 1080ti calculator 2CryptoCalc recommended to dig Grin on the algorithm Cuckatoo-31.
The value of cryptocurrencies in the beginning of the experiment amounted to 4.82 dollars per coin.
A week later the rate fell to 4.21 USD. In the end, among the three selected cryptocurrencies have lost it Grin. Cryptocurrency rate in the seven days slipped by 12 percent.
Projected earnings of mining on GTX 1080ti
According to the forecast calculator Grin on Cuckatoo-31 can bring about 15 dollars a week.
The profitability of mining on a GTX 1080ti in practice
The GTX 1080ti earned 2.47248 Grin or 10.4 of the dollar. The projected yield at the beginning of the experiment was 3.4136 coins. So we’ve got almost 1 GRIN less than planned.
And there has been a difficulty. The figure increased to 3.88 G, which is 1.5 times more than in the beginning of the week.
The cost of electricity for the GTX 1080ti
The hours of operation of a computer with a GTX 1080 ti spends 300 watts is 50.4 kWh per week. Get 201.6 rubles, or 3.17 per dollar of electricity.
The resulting net profit of mining Grin for the GeForce GTX 1080 ti — 7.23 dollar (10.40-3.17).
They are transferred almost $ 29 per month or 347 dollars a year. You can buy the Apple Watch, for example. And then the RTX 2070 Super enough.
Time mine came
It would seem that the results of the experiment were lower than expected. Sank slightly courses cryptocurrency, increased complexity of production, and final profit is not the one predicted.
But scary is it? No. Because of all the surprises it is important to remember one very important fact — one video card already brings a couple of extra dollars a week. And if the stars aligned differently, the profit would be proportionately increased. And if in that time has grown courses, cardholders will already be bathed in gold.
In addition, you can use multiple computers and double (or even triple) the profit. The main thing — not to try mine on the devices in your office. Working at night, the computer will notice, and superiors, such tricks usually do not like.
In the end, the GTX 1060 3 GB brought 1.92 dollar, GTX 1070 per week 4.82 earned dollar and the GTX 1080 ti WebMoney at 7.23 USD. Profit of less than promised, but that’s not unusual. Even in such a situation a few months production will easily allow you to raise money for a new video card and earn more.
Mining revived, and that’s a fact. Now the main thing — not to miss the train that can move at any time. And to catch up with him, based on the experience of 2017, it will be very difficult.
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