How long does it take to mine 1 Bitcoin on a RTX 3060?
Mining Speed
It is designed in a way that ensures it self-adjusts to yield a block verification time of 10 minutes. Therefore, in an ideal situation, it takes around 10 minutes to mine BTC.
Like other Nvidia graphics cards, the RTX 3060 is flexible in terms of mining algorithms, but it brings the most profit with Ethereum and Ravencoin. If you have the LHR (Lite Hash Rate) graphics card model you could unlock the 100% of your card potential using the latest mining software versions.
NVIDIA's GeForce RTX 3060 laptop GPUs provide a more impressive hash rate for crypto mining than their desktop variant. Laptops are never used for crypto mining in general, so to use these cards and embed them in desktop RTX 3060 GPUs is interesting.
Despite Nvidia's Anti-Mining Lock, RTX 3060 Can Still Earn Up To $7 a Day Mining.
The 3060 Ti switches all that up, based on NVIDIA's latest Ampere architecture. This card is wild for both gaming and mining. Despite being priced at somewhat of a bargain, it bests the RTX 2080 SUPER in raw performance for 1080p and 1440p gaming.
The RTX 3060 Ti features 8GB of RAM, a base clock of 1410 MHz (1665 MHz when boosted) and standard design with two slots. Users say it's highly efficient. Like other Nvidia graphics cards, it can mine best the following coins: Ethereum, Ravencoin, Grin and Ethereum Classic.
Now, according to I_Leak_VN on Twitter, an RTX 3060 Ti LHR card was tested in the real world with the new NBMiner update, and the card was able to hit 40.5MH/s. That's a 35% improvement over the 3060 Ti LHR's standard hashrate of 30MH/s.
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. With a GPU that hashes at around 28.2 MH/S, it should take much longer.
There are two significant ways that mining crypto can damage your GPU. These are heat and uptime.
How much can you expect to make per day with just an NVIDIA GeForce RTX 3060 Ti alone? According to NiceHash, which uses actual mining data from connected mining rigs, you can expect to see around $14 per day.
Is RTX 3060 Mobile Good for mining?
The Chinese seller shared screenshots of the custom GeForce RTX 3060 hitting a hash rate up to 50 MH/s, which is impressive as it matches the original GeForce RTX 3060's Ethereum mining performance before Nvidia's anti-mining crackdown. For reference, the GeForce RTX 3060 LHR tops out at 34 MH/s.
Based on her experience, we can guesstimate that the average GeForce RTX 3060 laptop will be able to produce : 0.000265045 ETH per hour. 0.00636108 ETH per day.
To bypass even this limit set by NVIDIA, all you have to do is get dummy HDMI connectors which can trick the driver into thinking that the other cards are also being run for display adapters and allow for full mining rate.
How To Build a RTX 3060 LHR Mining Rig with HiveOS ... - YouTube
The RTX 3060 Ti at its peak consumes around ~200 Watts. That's why your power supply needs to have a minimum of 400 Watts, which is more than double the peak. While Nvidia recommends your PSU to be at least 550W for the RTX 3060, their results were tested using a high-end i9 processor.
Answer: There is no minimum or limit to the number of GPUs you can use when mining, and can even start with 1. However, if you are into a serious mining business, a rig of 6 GPUs is recommended.
If you are looking for a ballpark figure, you should assume at least 3 years of life out of a GPU. 5 years would be a fairly average lifespan. Even 10 years isn't unheard of. There are GPUs out there that like cryptocurrency are approaching their second decade of operation.
Today, mining Bitcoin as an individual is rarely profitable unless someone has access to extra low-cost electricity.
Best answer: With optimal settings configured for cryptocurrency mining, you should expect to see a hashrate of about 100MH/s for an NVIDIA GeForce RTX 3080 graphics card.
Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.
How much does it take to mine 1 Bitcoin?
In a recent report seen by Decrypt, investment bank JPMorgan estimates that the production cost to mine one Bitcoin has dropped from $24,000 at the start of June to just $13,000. Bitcoin's production cost is an estimate of the average cost for mining one Bitcoin per day.
Ethereum (ETH-USD), Verge (XVG-USD) and dogecoin (DOGE-USD) are the top three most profitable cryptocurrencies to mine, according to a recent report by Traders of Crypto. Note the barriers to entry in crypto mining are low so long as the right equipment is being used to set up a mining machine.
The digital gold rush has come with a catch: Massive electricity consumption. It's estimated that Bitcoin consumes electricity at an annualized rate of 127 terawatt-hours (TWh). That usage exceeds the entire annual electricity consumption of Norway.
The average lifespan of a well-kept, maintained machine can be around 3 to 5 years. Nevertheless, if you keep ASICs in harsh or poor conditions, they can deteriorate in as little as a few months. Contrarily, taking good care of an ASIC miner can prolong their lifespan for more than 5 years.
How Much Can A 6 Gpu Mining Rig Make? Profitability of mining If the rig can run at full capacity from all six graphics cards, there is a 10% profit potential. At this week's peak price of $1582.36, we can expect around $8348 ETH per month from this week's top.
How To Set Up The RTX 3060 To Mine Ethereum | 2021 Guide
Unfortunately, laptops don't have the power, cooling, or airflow to handle it. Even worse, powerful gaming laptops keep getting thinner and thinner, making them even less useful for mining. You can certainly mine crypto with a laptop, but it will not be easy on the components and won't earn very much money.
“l*te Hash Rate” GPUs Are for Gamers
Hoping to make it easier and cheaper for gamers to upgrade their rigs for the latest AAA titles, NVIDIA announced new “l*te hash rate” (LHR) versions of existing RTX GPUs. These cards are designed to make it harder to mine for cryptocurrency without reducing gaming performance.
Best answer: You can expect to see a hashrate of around 24MH/s with the NVIDIA GeForce RTX 3060 with stock settings.
If you already own an RTX 3060 Ti, RTX 3070, or RTX 3080 created before the manufacturing change, their mining performance will not be limited in any way. (That's why Nvidia's own limited-run Founders Edition models don't support LHR—they were all made long before Nvidia introduced its limiter.)
How do you tell if 3060 is LHR or not?
if the DEVICE ID field starts with the string "10DE 2504 ..." then the card is an RTX 3060 produced after May 2021 and therefore LHR.
Unfortunately, there may be a set back, as a new software can reportedly completely remove the mining hash rate limiter on Nvidia RTX LHR GPUs. The new software developed by Sergey (via VideoCardz) consists of a tool that replaces the graphics card's BIOS with a new one on RTX 30 and workstation RTX models with LHR.
| GPU | Avg. eBay Price (Jan 2022) | Mining Performance |
|---|---|---|
| GeForce GTX 1060 6GB | $300 | 25 |
| Radeon RX 570 8GB | $357 | 29.8 |
| GeForce GTX 1080 | $457 | 36.1 |
| GeForce GTX 1070 | $368 | 29.2 |
Mining in 2021
A miner would earn approximately 0.0006 BTC per day. Back in 2021, that would be approximately $30 per day considering that the average price of BTC was around $50,000. At the current price of Bitcoin (∼$40,000) that would be $25 per day. A miner with 360 Mh/s would earn a total of 0.222 BTC in 2021.
Can you mix and match GPUs? You definitely can. If you have two GPUs made by different manufacturers, you can still install both of them on the same computer and start mining. Sure, your motherboard should have support to two GPUs, and also you need to make sure you have enough ventilation and power to supply them.
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. With a GPU that hashes at around 28.2 MH/S, it should take much longer.
Answer: There is no minimum or limit to the number of GPUs you can use when mining, and can even start with 1. However, if you are into a serious mining business, a rig of 6 GPUs is recommended.
Now, according to I_Leak_VN on Twitter, an RTX 3060 Ti LHR card was tested in the real world with the new NBMiner update, and the card was able to hit 40.5MH/s. That's a 35% improvement over the 3060 Ti LHR's standard hashrate of 30MH/s.
How Long Does It Take To Mine 1 Bitcoin With 1 Gpu? The mining process for one bitcoin generally takes about 10 minutes. However, most users could mine just one bitcoin using that setup if few of them can afford the hardware and software. If they have large setup sizes, they should estimate 30 days at the very least.
