Post
Topic
Board Mining (Altcoins)
Merits 2 from 1 user
Topic OP
GPU mining
by
mustaqeemch6
on 07/06/2019, 10:34:32 UTC
⭐ Merited by CryptopreneurBrainboss (2)
Since price started to climb lately, a lot of people start thinking about mining.

For that reason I decided to put a short and simple calculation regarding mining profitability in case you have a laptop/PC with better GPU like 1050Ti or 1070Ti. Those 2 graphic cards are in all newer gaming laptops and PCs. Just to mention-it is not recommended to use those for 24h/7days a week mining.

So, here is a simple view for 2 coins that are in top5 at the moment: ETH and RVN.



1050Ti

1.ETH

Electricity cost 0.15$/kW

ETH earnings: 0.04$/day (when electricity costs considered)

0.001 ETH coins/daily



2. RVN

Electricity cost 0.15$/kW

ETH earnings: 0.02$/day (when electricity costs considered)

4.1 RVN coins/daily



1070Ti

1.ETH

Electricity cost 0.15$/kW

ETH earnings: 0.17$/day (when electricity costs considered)

0.0022 ETH coins/daily



2. RVN

Electricity cost 0.15$/kW

RVN earnings: 0.35$/day (when electricity costs considered)

11.5 RVN/ daily





In case you decide to hold 1 year, and current price doubles, here is rough estimation:

GPU                             1050Ti             1050Ti        1070Ti         1070Ti

Coin                             ETH                 RVN            ETH             RVN

Coins/year                    0.3                  1400           0.73            4000

$/year                         162$                168$           390$           480$



I considered these prices in 1 year:

Price ETH : 540$

Price RVN: 0.12