Mining cryptocurrency on a budget graphics card — how much can you earn? A new experiment

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2019-08-01 19:40:16

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Mining cryptocurrency on a budget graphics card — how much can you earn? A new experiment

In the first half of July on Hi-News is out . In it are three computers with different graphics cards tried to find out whether mining cryptocurrency today is profitable. The answer was positive but it was a more expensive GPU. Repeated success, if you take the graphics card easier? The verdict will announce a new challenge — this time with five participants.

New mining-experiment

The Rules of the new test coincides with the previous one. So if you have not yet read , we recommend you to do it.

But if you already have, but forgotten — like. We take five computers with different graphics cards. This Nvidia GeForce GTX 1050 ti, AMD Radeon RX470, AMD Radeon RX570, AMD Radeon RX480 AMD Radeon RX580. The model is inexpensive, at the same Avito for the former to use the map please 6 thousand rubles.

For each card to select the most profitable coin for mining with . Well, then it's even easier: connect the computers and forget about them for a week. At the end is considered and divided the total profit together with the conclusions.

mining on Nvidia GeForce GTX 1050 ti

Let's Start with the GTX 1050 ti because it is the only green card — i.e. Nvidia in this experiment. The model of 4 GB of memory, which is enough for mining many coins. Select the desired calculator will help the profitability of mining 2CryptoCalc.

He knows what brings each mining cryptocurrencies at the moment. With this in mind, the calculator tells you which coin to choose to get as much money as possible. If anything, this is all predictions. Look to the future .

So, go on 2CryptoCalc and move to the cryptocurrency. To do this, enter Hasrat — that is, the performance of the graphics card. For the GTX 1050 ti calculator advised us to dig ZelCash.

By the way, if you don't have mine, and the phrase “cryptocurrency mining” causes trembling in the knees — check out this video. Mining is much easier than telling about him.

the

the Projected earnings of mining on Nvidia ZelCash

Cryptocurrency is chosen — it is necessary to know how much roughly it will earn. For this also use 2CryptoCalc, but this time specifically for ZelCash. During the week the calculator predicts 2.39 dollar income equivalent to ZEL.

Course we also fixed. At the start of the experiment on 22 July he was 12.50 cents, and a week later was equal to 14.05 cents.

the

Real profit of mining on Nvidia GTX 1050 ti

After fixing all actual and forecast performance we switched to 2Miners pool and started mining. ZelCash production lasted exactly a week — this including confirms our graphics card.

During the seven days of the computer brought 16.57259 ZEL or 2.328 USD. This is quite a bit lower than predicted results, so from the result we agree and proceed to calculate the costs.

the

ate How much electricity?

The Main item of expenditure in mining — electricity. Our computer with Nvidia GeForce GTX 1050 ti spent 130 watts per hour, and is 21.84 kWh per week. And since the average tariff in Moscow and St. Petersburg is 4 rubles per kilowatt*hour, for seven days the work of the computer we will pay 87.36 rubles, or 1.38 dollars. It remains to subtract expenses from income to obtain net income.

Result: Nvidia GeForce GTX 1050 ti brought us 0.948 dollars per week.

If you're disappointed in the amount, it is worth remembering the important stuff.

    The GeForce GTX 1050 ti — inexpensive. It should not bring millions; the

  1. For the year profit is 49.29 dollar — and this is some money.
  2. the
  3. , the Course of bitcoin can grow that will positively affect revenue.
  4. the
  5. of Hasrat farm and the cost of electricity rise disproportionally. The computer with the GTX 1050 ti spends 130 watts per hour, which consumes 80 watts video card, and the other 50 watts go to the motherboard, memory and so on. If we put two cards the GTX 1050 ti, performance will increase in 2 times, and spending on electricity by about 60 percent. If four: Hasrat will increase in 4 times, and costs — three. And so on.

mining AMD Radeon RX470

There are four video cards that we did the same thing. First in line is Radeon RX470. Note that the “red” card — that is, from AMD — better able to cope with Ethereum and Ethereum Classic. Usually they bottom these cryptocurrencies.

Check the theory in practice. Go to 2CryptoCalc and done already familiar with the operation. The result is not surprising — the calculator advises mine Ethereum Classic.

the

Profit from mining on the AMD Radeon RX470

Now, we fix how much money can bring, the mining of cryptocurrency for weeks. 2CryptoCalc predicts 3.81 to the dollar.

And the actual rate at the beginning of the experiment.

the

what AMD Radeon RX470

This time the result is far behind from those projected. RX470 earned 0.55406 or 3.32 dollar. so .

Reasons for the lag of the actual results from the predicted two. First, fell, the course of bitcoin: last week he fell from 6.45 dollar for one coin Ethereum Classic (ETC) to $ 6. Second, during the experiment increased the complexity of mining — from 115.06 123.34 T to T. This means that miners in the network got bigger and we got proportionally smaller piece of the pie of the profits.

the

How much electricity

Our computer with AMD RX470 spent 165 watts per hour. A week is 27.72 kWh, which will cost 110.88 1.75 ruble or dollar.

Result: AMD Radeon RX470 brought us 1.57 dollars per week.

A year is a nice $ 82. Moreover, as we have seen, the difficulty of mining is constantly changing. If we're lucky and mineit will be easier to earn even more.

mining AMD Radeon RX570

The Following member — RX570 computer. The graphics card is very similar to RX470, so the calculator is also likely to advise mine Ethereum Classic.

So. ETC should bring us about 59 cents income per day of work.

the

Projected returns Radeon RX570

The Cryptocurrency chosen, it remains to know the forecast for the week. Again go to 2CryptoCalc and repeat the operation.

The Calculator advises to rely on the equivalent of 4.07 USD. This is a good result. Especially given the fact that mining is a passive income.

the

Real profit of mining on RX570

A week Later the computer came 0.60282 ETC or 3.61 dollar, the statistics look .

The Result is again lower than forecast, but the explanation is the same. Dropped the course and increased the complexity — hence the decline in earnings.

the

How much did you spend on light

The Last stroke before calculation of the profit — account of expenditure on electricity. Our computer RX570 eating 160 watts per hour. In the end, the week spent 26.88 kWh, and this 107.52 rubles, or 1.70 dollars.

Result: AMD Radeon RX570 brought us 1.91 dollars per week.

A year Later, the amount would turn into $ 100 — and this will last for another card. By the way, if you do not waste time in vain, during this time, you can learn to reduce the power consumption by the video card and earn more. Miners with experience achieve 20-30 percent growth in profit only due to the consumption setting of the map.

mining AMD Radeon RX480

Another red card, which shows its potential in working with Ethereum Classic. 2CryptoCalc did not disappoint here — mine will be ETC.

the

Forecast profit of mining on RX480

It's time to lock in the possible profit. The calculator promises 4.18 dollars per week. Although the result clearly will be lower, just like with the other cards of AMD in this experiment.

the

What brings AMD Radeon RX480

Week of mining on RX480 brought 0.60034 ETC or 3.60 USD. Why below? Affected by the same factors: the depreciation of the cryptocurrency and growing complexity of mining. Statistics on miner check .

the

Spending on electricity

The Computer spends more RX480 — 180 W per hour or 30.24 kWh per week. It's the equivalent 120.96 1.91 rubles, or the dollar.

Result: AMD Radeon RX480 brought us 1.69 dollars per week.

In the year $ 88 or 5580 rubles. The amount will be enough to buy another graphics card. With it, mining will start bringing in twice the money.

mining AMD Radeon RX580

The Last candidate — RX580. 2CryptoCalc also recommends that you give the card to . Great choice.

the

Projected income from mining

Week of production Ethereum Classic the RX580 will bring 4.27 dollar of income. Although, given everything that happened with ETC for the week we will surely get less.

the

Real income with Radeon RX580

My Instincts were right: our computer RX580 inside earned 0.58615 ETC or 3.5169 dollars per week. Statistics , but do not forget about electricity.

the

the Cost of electricity in mining

RX580 same result RX480 — 180 W per hour. It's the same 120.96 1.91 rubles, or the dollar costs for the week.

Result: AMD Radeon RX580 brought us 1.60 dollars per week.

Or $ 83 per year. We remind you that this amount we will receive just for computer work. To participate in the process of mining is not necessary. That about such a prospect at least worth considering.

As convincing argument offer video-on-startup mining Ethereum Classic.

Overall results

And now remember all participants and their results.

the
    the
  • GeForce GTX 1050 ti — 0.948 dollar;
  • the
  • AMD Radeon RX470 — 1.57 dollar;
  • the
  • AMD Radeon RX570 — 1.91 dollar;
  • the
  • AMD Radeon RX480 — 1.69 dollar;
  • the
  • AMD Radeon RX580 — 1.60 dollar.

Time mine has come

2019 was a kind of thaw for the cryptocurrency market. Bitcoin even briefly rose above $ 13 thousand, which triggered a jump in other coins. In other words, the experts now put more on a new growth cycle than the fall.

This is the arrival of niche institutional — that is, very large investors. In addition, new tools are emerging for investing in cryptocurrency. For example, in the second half of July was the beginning .

The Development is in full swing, so our task is not to miss the right moment. Although any miner will tell you, that moment was yesterday.

Look into . Will discuss all the issues there.

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