How many nvidia tesla GPUs are needed to mine 1 Bitcoin per day?
How many NVIDIA Tesla GPUs are needed to mine 1 Bitcoin per day? - Quora. This means around 2681 TH/s needed for 1 BTC per day. That would mean, I need 2681 * 1000 = 2681000 cards for 1 BTC per day. Of course these cards needs power as well and then you probably understand it will cost far more than you will gain.
The number of GPUs required to mine 1 Bitcoin depends on several factors, including the specific GPUs being used, their hash rates, power consumption, and the current difficulty of the Bitcoin network. There is no minimum or limit to the number of GPUs you can use when mining, and can even start with 1.
Here is the short answer: On average, it takes around 10 minutes to mine 1 Bitcoin with ideal hardware. However, the time for mining 1 BTC depends on the hardware and software you use, especially on the mining power. But if you want to mine BTC with an average PC, you will make 0.00000058/year.
NVIDIA Tesla K80 can generate more than 1.11 USD monthly income with a 2.22 MH/s hashrate on the RVN - KawPow (NBMiner) algorithm.
| Number of mining rigs | Hashrate | Time to mine 1 Bitcoin |
|---|---|---|
| 100 | 12,000 TH/s | 51 days |
| 500 | 60,000 TH/s | 10 days |
| 1,000 | 120,000 TH/s | 5 days |
| 5,000 | 600,000 TH/s | 1 day |
| 1 Day | 1 Month | |
|---|---|---|
| π΅ Income | 0.00000803 BTC 0.51 USD | 0.00030882 BTC 19.63 USD |
| β‘ El. costs | 0.00000000 BTC 0.00 USD | 0.00000000 BTC 0.00 USD |
| π° Profit | 0.00000803 BTC 0.51 USD | 0.00030882 BTC 19.63 USD |
For example, a rig of six MSI GeForce RTX 3080Ti graphics processing units (GPUs) will be most profitable when mining Ravencoin (RVN) and bring around $170 per month. Zcash (ZEC) can bring in almost the same revenue while mining Clore (CLORE) can earn $158 per month.
| 1 Day | 1 Month | |
|---|---|---|
| π΅ Income | 0.00001392 BTC 0.93 USD | 0.00048392 BTC 32.32 USD |
| β‘ El. costs | 0.00000000 BTC 0.00 USD | 0.00000000 BTC 0.00 USD |
| π° Profit | 0.00001392 BTC 0.93 USD | 0.00048392 BTC 32.32 USD |
It is still possible to participate in Bitcoin mining with a regular at-home personal computer if you have one of the latest and fastest graphics processing units. However, the chances of receiving any reward by mining on your own with a single GPU in your computer are minuscule.
- Bitcoin.
- Ethereum.
- Monero.
- Ravencoin.
- Bitcoin Gold.
- Feathercoin.
- Dogecoin.
- Litecoin.
How profitable is mining Tesla V100?
NVIDIA Tesla V100-PCIE-16GB can generate more than 26.73 USD monthly income with a 48.15 MH/s hashrate on the RVN - KawPow (NBMiner) algorithm.
Applications. Tesla products are primarily used in simulations and in large-scale calculations (especially floating-point calculations), and for high-end image generation for professional and scientific fields.
- ASUS TUF Gaming NVIDIA GeForce RTX 4090 OC Edition Graphics Card.
- NVIDIA GeForce RTX 3080 Founders Edition.
- MSI NVIDIA GeForce RTX 4070 Graphics Card.
- NVIDIA GeForce RTX 4080 16GB GDDR6X Graphics Card.
The first miner to generate a lower number than the current target set by the network wins. The catch is that, unlike a lottery, miners don't get to choose their numbers.
The cost of mining one Bitcoin per day can vary greatly depending on several factors such as the cost of electricity, the efficiency of mining equipment, and the current difficulty level of mining. However, on average, it can cost anywhere from $5,000 to $10,000 per day to mine one Bitcoin.
How Much Electricity is Needed to Mine 1 Bitcoin? As a solo miner, an average of 266,000 kilowatt-hours (kWh) of electricity is required to mine a single BITCOIN (BTC). This process would take approximately seven years to complete, demanding a monthly electricity consumption of about 143 kWh.
Historically, Bitcoin (BTC) has been one of the most lucrative cryptocurrencies to mine due to its high market value. However, other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and Monero (XMR) have also been profitable for miners, depending on market conditions and mining hardware efficiency.
0.84 USD / Day
*Please note that values are only estimates based on past performance - real values can be lower or higher.
| Algorithm | Hashrate | Monthly BTC Income |
|---|---|---|
| FLUX - ZelHash (LOL) | β140.76 MH/s | β0.00048456 BTC |
| RVN - KawPow (NBMiner) | β57.47 MH/s | β0.00047695 BTC |
| CFX - Octopus (NBMiner) | β114.95 MH/s | β0.00045559 BTC |
| BTG - ZHash (GMiner) | 170.67 H/s | 0.00040618 BTC |
| No | GPUmodel | Profitability24h |
|---|---|---|
| 1. | RTX 3090 Ti | Revenue: $0.33 Profit: -$0.30 |
| 2. | RTX 4090 | Revenue: $0.32 Profit: -$0.15 |
| 3. | RTX 3090 | Revenue: $0.32 Profit: -$0.24 |
| 4. | RTX 3080 Ti | Revenue: $0.31 Profit: -$0.23 |
Does GPU mining still profitable?
Some miners may still be in business with GPUs and making some profits amid the skyrocketing crypto prices, but their miners may not be profitable in the long run. Besides, the crypto space fluctuates with huge margins, and no one knows when the current crypto bubble will burst.
Yes. Crypto mining can be profitable - but there are factors miners need to consider including electricity costs, mining difficulty, and market conditions. All these can significantly impact profitability.
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $68,500 | $5,708 |
| 75th Percentile | $62,000 | $5,166 |
| Average | $55,819 | $4,651 |
| 25th Percentile | $48,500 | $4,041 |
Generally speaking, if you're mining Bitcoin at home, you can make anywhere from $30 to $450 per mining machine each month.
- ASUS TUF Gaming NVIDIA GeForce RTX 4090 OC Edition Graphics Card.
- NVIDIA GeForce RTX 3080 Founders Edition.
- MSI NVIDIA GeForce RTX 4070 Graphics Card.
- NVIDIA GeForce RTX 4080 16GB GDDR6X Graphics Card.
