Assets, Bitcoin

How Long Does It Take to Mine 1 Bitcoin With RTX 2070?

As of May 2020, the reward for successfully mining a block of Bitcoin is 12.5 BTC.

In order to find out how long it would take to mine 1 BTC with an RTX 2070, we need to calculate the hashrate of the RTX 2070.

NOTE: WARNING: Mining 1 Bitcoin with an RTX 2070 is not a feasible task. It requires a powerful computer to mine at a profitable rate, and even then there is no guarantee that you will be able to mine 1 Bitcoin in any given time frame. The difficulty of mining Bitcoin can increase or decrease at any time, so it is important to factor this into your expectations. Additionally, the cost of electricity used to power the computer may be higher than the profits made from mining Bitcoin. It is recommended that you consult with a professional before attempting to mine Bitcoin with an RTX 2070.

The hashrate of the RTX 2070 is approximately 8 GH/s. This means that the RTX 2070 can perform 8 billion hashes per second.

Given that there are approximately 18 million bitcoins in circulation, this means that it would take the RTX 2070 approximately 2.25 seconds to mine 1 BTC.

Of course, this is under ideal circumstances and does not account for things like pool fees, electricity costs, or other factors that could affect profitability. Nevertheless, it is still possible to make a profit by mining Bitcoin with an RTX 2070.

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