As of May 2020, the reward for successfully mining a block of Bitcoin is 12.5 BTC.
This figure is halved every 210,000 blocks, or approximately every 4 years. Based on these figures, it would take just over 957 days to mine 1 BTC with a GTX 1660 Super.
Of course, these figures are based on a number of factors including the current difficulty of the Bitcoin network and the price of Bitcoin. If the difficulty increases or the price of Bitcoin falls, it would take longer to mine 1 BTC.
Similarly, if the difficulty decreases or the price of Bitcoin rises, it would take less time to mine 1 BTC.
In conclusion, it would take just over 957 days to mine 1 BTC with a GTX 1660 Super based on current conditions. However, this figure is subject to change based on a number of factors including the Difficulty and price of Bitcoin.
9 Related Question Answers Found
As of May 2020, the average time it takes to mine a Bitcoin is 10 minutes. This is because the Bitcoin network has an average block time of 10 minutes. However, this number is just an average and does not account for the variance in block time.
It takes about 10 minutes for a computer to mine 1 Bitcoin. The time it takes to mine a Bitcoin depends on the processing power of the computer. A computer with a faster processor can mine a Bitcoin in less time than a computer with a slower processor.
It takes around five hours to mine one Bitcoin on a gaming PC. This is because the process of mining for Bitcoin requires a lot of computational power, which a gaming PC has in spades. The actual time it takes to mine a Bitcoin can vary depending on the mining difficulty at the time, but five hours is about average.
Bitcoin Cash is a cryptocurrency that was created in August 2017. It is a fork of Bitcoin, and its purpose is to provide faster and more affordable transactions than Bitcoin. So how long does it take to mine 1 Bitcoin Cash?
As of February 2020, it takes around 10 minutes to mine one Bitcoin. This is because the average block time for Bitcoin is 10 minutes. However, block times can vary from as little as eight seconds to as long as 24 hours.
Mining bitcoins is a process that uses your computer’s processing power to complete complex mathematical equations. These equations verify and confirm the accuracy of bitcoin transactions. In return for verifying and confirming these transactions, miners are rewarded with new bitcoins.
It takes about 10 minutes to mine one Bitcoin. However, the time it takes to mine a Bitcoin can vary depending on the miners’ hash rate and the difficulty of the network. The average time it takes to mine a Bitcoin is 10 minutes.
As of May 2020, the reward for mining a single block of Bitcoin is 6.25 BTC. This figure is halved every 210,000 blocks, or approximately every four years. It is estimated that the final block of Bitcoin will be mined in 2140.
It takes about 10 minutes to mine one Bitcoin at home. This is because the difficulty of mining a Bitcoin block is automatically adjusted by the network so that it produces one block every 10 minutes on average. The actual time it takes to mine a Bitcoin block can vary widely depending on the mining hardware you are using and the network conditions.
