Post
Topic
Board Mining (Altcoins)
Re: Is RTX 3070 amongst the best efficiency GPU to mine ETH?
by
Didz
on 28/03/2022, 19:26:54 UTC
I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.


They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490


https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602?  I have purchased from this seller he was good.

Damn philipma1957 you made me look up the GPUs and I finally bought one RTX 2060 12GB for 700 CAD. Same model but the 6 GB few months ago I paid 1 200 CAD.

Yes the PoS for Ethereum should come in June but I still think mining other altcoins with GPUs will remain profitable event post ETH 2.0.

The problem with staking ETH to run a validator it's because we need at least 16 ETH for one validator on RocketPool it's very expensive. Without running a node you can stake as little as 0.01 ETH on Rocketpool and you pay fee between 5 to 20% to the node operator but the actual % APR is just around 4% and the RPL tokens APR is around 14%. Mining ETH with GPUs is more around 80% APR.

But if you expect ETH price to go around 12k after The Merge and RPL token around 500$ then it will become really profitable to stake ETH but for now we have to be patient.