my question is if i want to build a mining rig that will produce for me 1 ether a day, what kind of power will i need? i mean how many gpu's will i need to get enough power to generate 1 ether a day and is it better to buy a 16gb gpu instead of 8gb will it give double the mining power ?
how many gpu's will i need to get enough power to generate 1 ether a day
Theoretically: difficulty / your hashrate = avg seconds to create a block (get 3ETH), if my calculations is correct, you need ~290 gpu (rx580 or gtx1070 ~8700MH/s) to get 1ETH per day at current difficulty 2,258,353,188,195,448 (https://etherscan.io/block/4923794).
You cannot be 100% sure about mining exactly 1 ETHER per day. how many ether you'll mine depends on the network difficulty, it depends by the pool too and many other things. The ram does not affect the 'mining power', i have 4gb gpus mining faster than 8gb version of the same graphic card.
thank you for all the info miningbra and rmh, i guess it is not worth it the investment would have to be about a 150k to make 1 ether a day +- . im thinking of making a rig that can make 3-4 ether a month which im guessing is more reasonable investment would be around 20k and roi will be within 7 month.
on the other hand what is the alternative to mining ehter that can make more money in lesser time? zcoin maybe?
thank you for all the info miningbra and rmh, i guess it is not worth it the investment would have to be about a 150k to make 1 ether a day +- . im thinking of making a rig that can make 3-4 ether a month which im guessing is more reasonable investment would be around 20k and roi will be within 7 month.
on the other hand what is the alternative to mining ehter that can make more money in lesser time? zcoin maybe?
Answers
on the other hand what is the alternative to mining ehter that can make more money in lesser time? zcoin maybe?
Ether is usually the #1 for mining profit. It can flux a little but almost always end up being Ether overall.
As far as investment to do 3-4 ether, probably 25kish based on current video card prices.