GPU mining is still profitable in 2019, though with the release of the new RTX cards, it will probably not be for long. The RTX 2080ti is the most powerful consumer GPU on the market and costs $1200.
The GTX 1060 is a much more affordable GPU, costing around $250. So, can you mine Ethereum with a 1060?.
The answer is yes, but you won’t be able to mine enough to make a profit. The 1060 is not powerful enough to mine Ethereum at the current difficulty.
NOTE: This question does not have a straightforward answer. While it is possible to mine Ethereum with NVIDIA GeForce GTX 1060, this can be a difficult and potentially expensive endeavor. Mining Ethereum requires specialized hardware, software, and possibly additional electricity costs. Additionally, the profitability of mining Ethereum with GTX 1060 can vary dramatically depending on the Ethereum network difficulty and exchange rate. Therefore, it is recommended to do extensive research prior to attempting to mine Ethereum with GTX 1060.
You would need to invest in a more expensive GPU, such as the RTX 2080ti, to make a profit mining Ethereum.
Conclusion:
You can mine Ethereum with a GTX 1060, but you won’t be able to make a profit off of it. You would need to invest in a more expensive GPU to make mining Ethereum profitable.
6 Related Question Answers Found
The GTX 1060 is one of the most popular graphics cards on the market, and for good reason. It offers great performance at a reasonable price, and is widely available. So, can you mine Ethereum with a GTX 1060?
As the second most popular cryptocurrency in the world, Ethereum has attracted a lot of attention from investors and crypto-enthusiasts alike. One of the most common questions asked about Ethereum is whether or not it can be mined on a 1060. The answer is yes, but it’s important to keep in mind that mining any cryptocurrency is a risky investment.
As cryptocurrency prices continue to skyrocket, more and more people are looking for ways to get in on the action. One popular way to do this is through mining. Ethereum is one of the most popular cryptocurrencies, and it can be mined using a 1070.
As cryptocurrency prices continue to rise, more and more people are looking for ways to get involved in the market. One way to do this is through mining, which allows users to earn cryptocurrency by verifying transactions on the blockchain. There are many different types of cryptocurrency, and each one has its own mining process.
As cryptocurrency prices continue to rise, so does the value of mining hardware. The GTX 1070 Ti is a popular choice for mining Ethereum, as it offers a good balance of power and affordability. But can this card actually mine Ethereum effectively?
The short answer is yes, a GTX 1060 can mine Ethereum. The longer answer is that it depends on a few things, such as your electricity cost, the hashrate of your 1060, and the current price of Ethereum. Let’s take a closer look at each of these factors.
