As of right now, Ethereum is one of the most profitable coins to mine. If you have a 6700 XT, you can expect to mine around $5 worth of Ethereum per day.
This number can change depending on the price of Ethereum and the difficulty of mining.
Ethereum is mined through a Proof of Work algorithm. This means that miners are competing against each other to find the next block.
The first miner to find the block gets a reward, which is currently set at 3 ETH. The amount of ETH you can mine per day depends on your hashrate.
Your hashrate is measured in MH/s (megahashes per second). A 6700 XT has a hashrate of around 30 MH/s.
This means that you will find a block, on average, every 2 minutes.
NOTE: WARNING: Ethereum mining with a 6700 XT is an extremely risky endeavor and should generally be avoided. Mining profitability can vary greatly from day to day, and the 6700 XT has limited capability for efficiently mining Ethereum. Issues such as overheating, hardware damage, and loss of profits may occur if you attempt to mine Ethereum with a 6700 XT. We strongly recommend that you seek advice from experienced miners before attempting to mine Ethereum with a 6700 XT.
The current difficulty of mining Ethereum is 2,625,676,363,749. This means that you have a 1 in 2,625,676,363 chance of finding a block.
The difficulty adjusts every block, so if more people are mining Ethereum, the difficulty will go up, and if less people are mining Ethereum, the difficulty will go down.
The price of Ethereum is also a factor in how much you can mine per day. If the price goes up, you will make more money per day, and if the price goes down, you will make less money per day.
At the current price of $180 per ETH and current difficulty, you can expect to mine around 0.000005 ETH per day with a 6700 XT.
This comes out to around $0.50 per day or $5 per month.
Of course, these numbers can change at any time and it’s impossible to predict the future. However, if you’re interested in mining Ethereum with a 6700 XT, these are some things you can expect.
9 Related Question Answers Found
A Raspberry Pi is a credit card-sized computer that can be used for a variety of different projects. One popular project is mining for cryptocurrency. Cryptocurrency is a digital or virtual currency that uses cryptography for security.
As of July 2019, the short answer is that a Nvidia 1060 6GB GPU can mine about 0.5 ETH per month. This is assuming all conditions stay the same, including mining difficulty, ETH price, and power costs. Your actual results may vary.
A GTX 1060 can mine Ethereum at a rate of around 8-9 MH/s. This means that in a day, you can expect to generate around 0.000288 ETH. In a month, you can expect to generate around 0.
008640 ETH, and in a year, you can expect to generate around 0.10368 ETH.
As of July 2020, the Ethereum network is the second-largest blockchain by total value locked in smart contracts, with over US$39 billion worth of ETH held. This is only surpassed by Bitcoin, which has over US$140 billion worth of BTC held. This value is only going to increase as more and more people begin to use Ethereum for its intended purpose – as a decentralized platform for running smart contracts and building dapps.
The 1070 TI is a great graphics card for mining Ethereum. It is capable of mining at a rate of around 24 Mh/s, which is very good for a card of its price and power consumption. With a little bit of tweaking, it is possible to increase its hashrate to around 27 Mh/s.
Ethereum Cash is a new cryptocurrency that has been gaining popularity lately. It is similar to Ethereum in many ways, but it also has some unique features that make it different. One of the biggest differences is that Ethereum Cash is a fork of Ethereum, meaning that it is based on the same code but with some changes.
The cryptocurrency market is still in its infancy, and there is a lot of speculation about which coins will rise to the top. Ethereum is one of the most promising cryptocurrencies on the market, and many experts believe that it has the potential to reach new heights in the coming years. Here are some of the reasons why Ethereum could see significant growth in the future:
1.
In simple terms, leverage is how much you can control with how little. In the world of cryptocurrency, Ethereum has a lot of leverage. As the second largest cryptocurrency by market capitalization, Ethereum boasts a $27.4 billion market cap as of June 2018.
It’s impossible to predict the future price of any asset, let alone a highly volatile one like Ethereum. However, there are a few factors that could affect its price in 2025. Ethereum’s price is directly affected by the demand for its native token, ether.
