GPU mining is still profitable in 2020, but with the advent of ASICs for Ethereum mining, the profitability of GPU mining Ethereum has decreased significantly. Nevertheless, if you have a GTX 970, you can still mine Ethereum and potentially make a profit doing so.
The first thing you need to know is that in order to mine Ethereum, your computer needs a fairly decent GPU. The GTX 970 is a decent GPU, but it’s not the best.
That being said, it can still be used for mining Ethereum.
The next thing you need to know is that mining Ethereum is not as profitable as it used to be. In the early days of Ethereum, GPU mining was incredibly profitable.
NOTE: Warning: Mining Ethereum using a GTX 970 can damage the graphics card. Due to the high intensity of Ethereum mining, the GTX 970 is not suitable for this activity as it will cause it to overheat and wear out quickly. If you do decide to mine Ethereum with a GTX 970, please make sure you provide adequate cooling and monitor your card’s performance regularly.
However, as more and more people started mining Ethereum, the difficulty of the network increased, and the profitability of GPU mining decreased.
Nevertheless, if you have a GTX 970 and you’re willing to mine Ethereum, you can still potentially make a profit. The best way to do this is to join a mining pool.
By joining a mining pool, you can combine your hashing power with other miners and increase your chances of finding blocks and earning rewards.
The final thing you need to know is that even if you do make a profit mining Ethereum with your GTX 970, it probably won’t be much. Ethereum is not as profitable to mine as it once was, so don’t expect to make a fortune mining it.
Nevertheless, if you’re looking for a way to potentially make some money with your GTX 970, mining Ethereum might be worth considering.
9 Related Question Answers Found
As of right now, Ethereum mining on a GTX 970 is not viable. The GTX 970 was released in 2014 and was one of Nvidia’s most popular graphics cards. However, the card is not powerful enough to mine Ethereum effectively.
GPU mining is still profitable in 2019, though with the advent of ASICs (Application Specific Integrated Circuits), it has become more difficult to turn a profit with GPU mining. That said, if you have a GTX 970, you can still mine Ethereum and other cryptocurrencies, though you may not be able to turn a profit. The GTX 970 is a high end GPU that was released in 2014.
Yes, a GTX 970 can mine Ethereum. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is based on the blockchain technology that underlies Bitcoin.
Yes, you can mine Ethereum with a 970. The 970 is a great choice for mining as it is very power efficient and has a good hashrate. However, there are a few things to keep in mind when mining with a 970.
As of right now, a GTX 970 can mine around 24 MH/s. However, this number is subject to change as Ethereum’s mining difficulty increases. Additionally, different GTX 970 models can have different hash rates.
Yes, a GTX 970 can be used to mine Ethereum. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is mined using a proof-of-work algorithm.
What is GTX 1050? GTX 1050 is a budget-friendly graphics card that is capable of mining Ethereum. It is also one of the most popular cards for building gaming PCs.
The GTX 970 is a great option for mining Ethereum. Its performance is good, and it is relatively affordable. However, there are a few things to keep in mind when using this card for mining.
Ethereum mining is based on the Ethash algorithm, which can be profitably mined on GPUs. GPUs offer a significantly higher hashrate than CPUs and are therefore very popular among miners. The GTX 1050 Ti is a popular budget GPU that is widely available and offers good performance for Ethereum mining.
