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