Yeah you really don't know what you are talking about here and I will prove it to you some real world numbers so you can fill your head with actual knowledge instead of regurgitating shit you hear around the internet, that to anyone informed just makes you sound dumb.
I am mining Ethereum with a 3080 on a computer that is always on for other reasons. Another thing people don't really mine Ethereum themselves. They join a pool where you get paid a percentage of what everyone mines based on your contribution.
So it might take YOU 6 months to mine 1 ethereum, but the pool mines hundreds of them every day combined.
It makes the income predictable.
My graphics card is undervolted, since it mostly wants to use the fast GDDR6X ram on the card and not so much of the rendering cores.
It uses around 225 watts of electricity extra to mine. I pay around 8 cents a kilowatt which is about 4 hrs of mining. 6 x .08 = $0.48 per day in electricity.
I make $15-20 USD (so I will say 17.50 USD average) a day in crypto or around $22 and change in CAD. We will call it $22 CAD profit per day minus electricity.
$22 x 365 = $8030 now even IF you had to buy a new GPU every year or so when a new faster one comes out you are still WAY WAY WAY ahead. Hell I already upgrade my GPU each generation because I like technology and I game a little bit (but not nearly as much as I used to). I like to see the improvements from the old Nintendo days, even though it makes me feel old.
However I am not a shitty mass miner. My GPU is extremely well cooled and undervolted. It's not going to die in a year because I mine with it. It's not getting hit any harder than it would if I gamed a whole bunch on it. I track the memory junction temps and they don't go over what they do when I play RDR2 on this thing.
Imagine telling a gamer they are wearing out their card playing RDR2 lol. If you aren't pushing crazy high temps and really mistreating the card you aren't going to wear it out using it.
Now you have some real world knowledge with real numbers! You are welcome! Now get mining!
Yeah you really don't know what you are talking about here and I will prove it to you some real world numbers so you can fill your head with actual knowledge instead of regurgitating shit you hear around the internet, that to anyone informed just makes you sound dumb.
I am mining Ethereum with a 3080 on a computer that is always on for other reasons. Another thing people don't really mine Ethereum themselves. They join a pool where you get paid a percentage of what everyone mines based on your contribution.
So it might take YOU 6 months to mine 1 ethereum, but the pool mines hundreds of them every day combined.
It makes the income predictable.
Graphics card is undervolted, since it mostly wants to use the fast GDDR6X ram on the card and not so much of the rendering cores.
It uses around 225 watts of electricity extra to mine. I pay around 8 cents a kilowatt which is about 4 hrs of mining. 6 x .08 = $0.48 per day in electricity.
I make $15-20 USD (so I will say 17.50 USD average) a day in crypto or around $22 and change in CAD. We will call it $22 CAD profit per day minus electricity.
$22 x 365 = $8030 now even IF you had to buy a new GPU every year or so when a new faster one comes out you are still WAY WAY WAY ahead.
However I am not a shitty mass miner. My GPU is extremely well cooled and undervolted. It's not going to die in a year because I mine with it. It's not getting hit any harder than it would if I gamed a whole bunch on it. I track the memory junction temps and they don't go over what they do when I play RDR2 on this thing.
Imagine telling a gamer they are wearing out their card playing RDR2 lol.
Now you have some real world knowledge with real numbers! You are welcome! Now get mining!
Yeah you really don't know what you are talking about here and I will prove it to you some real world numbers so you can fill your head with actual knowledge instead of regurgitating shit you hear around the internet.
I am mining Ethereum with a 3080 on a computer that is always on for other reasons. Another thing people don't really mine Ethereum themselves. They join a pool where you get paid a percentage of what everyone mines based on your contribution. So it might take YOU 6 months to mine 1 ethereum, but the pool mines hundreds of them every day combined.
It makes the income predictable.
Graphics card is undervolted, since it mostly wants to use the fast GDDR6X ram on the card and not so much of the rendering cores.
It uses around 225 watts of electricity extra to mine. I pay around 8 cents a kilowatt which is about 4 hrs of mining. 6 x .08 = $0.48 per day in electricity.
I make $15-20 USD (so I will say 17.50 USD average) a day in crypto or around $22 and change in CAD. We will call it $22 CAD profit per day minus electricity.
$22 x 365 = $8030 now even IF you had to buy a new GPU every year or so when a new faster one comes out you are still WAY WAY WAY ahead.
However I am not a shitty mass miner. My GPU is extremely well cooled and undervolted. It's not going to die in a year because I mine with it. It's not getting hit any harder than it would if I gamed a whole bunch on it. I track the memory junction temps and they don't go over what they do when I play RDR2 on this thing.
Imagine telling a gamer they are wearing out their card playing RDR2 lol.
Now you have some real world knowledge with real numbers! You are welcome!