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Is mining still profitable?

TheBean
By TheBean
in Graphics Cards
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Posted

I have a laptop gtx 1060 6gb. Is mining crypto still profitable now? 

My electricity cost of 12c/kw

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Posted

one card? good luck making pennies.

you need at least 4-5 cards to make serious money (back then).

Ryzen 5700g @ 4.4ghz all cores | Asrock B550M Steel Legend | 3060 | 2x 16gb Micron E 2666 @ 4200mhz cl16 | 500gb WD SN750 | 12 TB HDD | Deepcool Gammax 400 w/ 2 delta 4000rpm push pull | Antec Neo Eco Zen 500w

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Posted

Very generic question - the answer is Yes.  If you know what you are doing.

 

The answer is very much a No.  If you don't.  (Cliffnotes version)

 

EDIT (I mine, have a mining setup, investors etc, it is not dead.  It takes an acute understanding which fortunately my brother does have)

 

EDIT 2 - I should say we do have direct impact on the markets where these coin will/can thrive.  There is risk, it may drop the market today and all things up till now will be a loss - but as of today - nope its kicking and we are moving forward with our plans 100% full steam ahead.

 

 

Workstation Laptop: Dell Precision 7540, Xeon E-2276M, 32gb DDR4, Quadro T2000 GPU, 4k display

Wifes Rig: ASRock B550m Riptide, Ryzen 5 5600X, Sapphire Nitro+ RX 6700 XT, 16gb (2x8) 3600mhz V-Color Skywalker RAM, ARESGAME AGS 850w PSU, 1tb WD Black SN750, 500gb Crucial m.2, DIYPC MA01-G case

My Rig: ASRock B450m Pro4, Ryzen 5 3600, ARESGAME River 5 CPU cooler, EVGA RTX 2060 KO, 16gb (2x8) 3600mhz TeamGroup T-Force RAM, ARESGAME AGV750w PSU, 1tb WD Black SN750 NVMe Win 10 boot drive, 3tb Hitachi 7200 RPM HDD, Fractal Design Focus G Mini custom painted.  

NVIDIA GeForce RTX 2060 video card benchmark result - AMD Ryzen 5 3600,ASRock B450M Pro4 (3dmark.com)

Daughter 1 Rig: ASrock B450 Pro4, Ryzen 7 1700 @ 4.2ghz all core 1.4vCore, AMD R9 Fury X w/ Swiftech KOMODO waterblock, Custom Loop 2x240mm + 1x120mm radiators in push/pull 16gb (2x8) Patriot Viper CL14 2666mhz RAM, Corsair HX850 PSU, 250gb Samsun 960 EVO NVMe Win 10 boot drive, 500gb Samsung 840 EVO SSD, 512GB TeamGroup MP30 M.2 SATA III SSD, SuperTalent 512gb SATA III SSD, CoolerMaster HAF XM Case. 

https://www.3dmark.com/3dm/37004594?

Daughter 2 Rig: ASUS B350-PRIME ATX, Ryzen 7 1700, Sapphire Nitro+ R9 Fury Tri-X, 16gb (2x8) 3200mhz V-Color Skywalker, ANTEC Earthwatts 750w PSU, MasterLiquid Lite 120 AIO cooler in Push/Pull config as rear exhaust, 250gb Samsung 850 Evo SSD, Patriot Burst 240gb SSD, Cougar MX330-X Case

 

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Posted

It is, just doubt it’s worth your effect. 
There are calculators out there that can guess how much you can make. 
If you want the one click method. But process/transfer fees will prolly cost more than what it can make a month. Really depends. 

Main RIg Corsair Air 540, I7 9900k, ASUS ROG Maximus XI Hero, G.Skill Ripjaws 3600 32GB, 3090FE, EVGA 1000G5, Acer Nitro XZ3 2560 x 1440@240hz 

 

Spare RIg Lian Li O11 AIR MINI, I7 4790K, Asus Maximus VI Extreme, G.Skill Ares 2400 32Gb, EVGA 1080ti, 1080sc 1070sc & 1060 SSC, EVGA 850GA, Acer KG251Q 1920x1080@240hz

 

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  • 1 month later...
Posted

Hi guys! I'm new to the site. I'm in to both 3D graphics, games and mining. I'm currently mining XMR on 2 windows systems ( Dell E6230 and HP 3rd gen PC). I researched a lot on mining stuff and I want to know what kind of system set up can you guys recommend for this type of workload? 

thanks

marc
from Philippines. 

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  • Author
2 hours ago, Marc2 said:

Hi guys! I'm new to the site. I'm in to both 3D graphics, games and mining. I'm currently mining XMR on 2 windows systems ( Dell E6230 and HP 3rd gen PC). I researched a lot on mining stuff and I want to know what kind of system set up can you guys recommend for this type of workload? 

thanks

marc
from Philippines. 

this thread is a month old. why not make a new one? You are more likely to get proper answers on new ones. 

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