How much profit would a 3070 make

[Beanman]

I have a 3070 in my system and I just wanted to see if it would be worthwhile to mine crypto also which currency would be best to mine. 

[dizmo]

There are many, many calculators online where you can find your answer. You just have to put in the coin your mining, amount of time, and the price you pay for electricity.

[Wh0_Am_1]

At Nicehash with an RTX 3070 LHR assuming ~$0.12 USD per kWh you can currently make ~$3.29 USD a day

If you want an easy way to start mining hear is the Nicehash miner, you can probably start mining in ~$15 min

[Eigenvektor]

32 minutes ago, Wh0_Am_1 said:

At Nicehash with an RTX 3070 LHR assuming ~$0.12 USD per kWh you can currently make ~$3.29 USD a day

If you want an easy way to start mining hear is the Nicehash miner, you can probably start mining in ~$15 min

That's only true is you pay $0.1 per kWh and 120w power usage is correct. If you pay more and you factor in the power usage of the whole PC, it's a different story.

[Wh0_Am_1]

Just now, Eigenvektor said:

That's only true is you pay $0.1 per kWh and 120w power usage is correct. If you pay more and you factor in the power usage of the whole PC, it's a different story.

Well I actually entered in $0.12 in per kilowatt for my calculations... but you are indeed correct the rest of the PC does need to be factored in. 

[Eigenvektor]

1 minute ago, Wh0_Am_1 said:

Well I actually entered in $0.12 in per kilowatt for my calculations... but you are indeed correct the rest of the PC does need to be factored in. 

I pay €0.28, so both are very optimistic values where I live

[Wh0_Am_1]

1 minute ago, Eigenvektor said:

I pay €0.28, so both are very optimistic values where I live

It seems I am running on dated information, but I was making the guess that the OP is likely in the US as they make up the largest portion of the LTT forums population, in dated research I found that the average price for kWh in the US was ~$0.12 USD it is currently now ~$0.14

[Eigenvektor]

Just now, Wh0_Am_1 said:

It seems I am running on dated information, but I was making the guess that the OP is likely in the US as they make up the largest portion of the LTT forums population, in dated research I found that the average price for kWh in the US was ~$0.12 USD it is currently now ~$0.14

Yeah, but OP might not be in the US, just like I am. Any value you give them might not be correct for where they live. So I was mostly talking to OP to make sure to calculate their own values rather than look at numbers from someone else.

[Wh0_Am_1]

Just now, Eigenvektor said:

Yeah, but OP might not be in the US, just like I am. Any value you give them might not be correct for where they live. So I was mostly talking to OP to make sure to calculate their own values rather than look at numbers from someone else.

ANNND that's why I listed the price of electricity, and linked the calculator to them for ease of use. Still though the rest of the PC was a valid point.