Mining $16 of ETH a day with 2 RX 5700 XT
A quick recap on my small mining rig, which is currently mining ETH with the current upcoming bull run and the switch for Proof of Stake for ETH, I think it's very wise to stack up on some of it.
The current Cashout amount is .05 ETH and at my current mining hash power I need about 2 days to hit my min cash out. I am at the moment just mining with two RX 5700 XT which both do an average of 50 Mh/s This being Stock.
With 4 more cards, I can be hitting a bit over 300 Mh/s, again though with the increase of ETH being imminent
Current MH/s
Proof of Stake
Proof of stake (PoS) is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake).
This is me staking as much as I can of ETH before it skyrockets. 🚀🚀 of course, all these are estimates and it can also take longer if more Hashing power is being directed to ETH.
Its already at an all time high since 2017!! 2020 Alt Bullrun?
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That’s tempting. Do you mind to share the rest of your config? Mb, cpu, ram
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Well I use nano miner and the configure file is simple.
If you download the miner from nanopool you would just need to input your ETH wallet address and Rig name the miner itself optimizes your cards for you.
Of course you can always ada a custom full config file with auto shutoff and fan control.
But I have not modified these cards no Bios flash just stock cards mining, no need to overclock just these two.
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Thanks for the detailed answer !
I’m still struggling to start mining or not haha
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Any time Bro Love the Logo!
All the credits go to @friendlymoose for the logo ;)
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$16 a day seem decent, whats the energy costs from running those 2 cards all day?
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$16 a day is cool and with $0 electricity cost makes it even better 🚀.
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HIVE!D
for @frankscoms
🚀
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I think you still meant RX 5700 XT :D But the mining profits are crazy just as the transaction fees on ETH.
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Thank you edited and corrected it.
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How much did the cards cost?
Thank you @chronocrypto!
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I picked up these two cards last year cost me $450 each.
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Such value from them, crazy!
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