Assets, Bitcoin

How Long Would It Take to Mine 1 Bitcoin With a GTX 1660 Super?

Bitcoin mining is a process that sees computers solving complex mathematical problems in order to add transaction records to the Bitcoin public ledger. This process is known as ‘proof of work’, and it is the only way to create new bitcoins.

In order to incentivize people to mine bitcoins, the protocol rewards miners with a certain number of bitcoins for each block that they successfully add to the blockchain. The current block reward is 12.

5 BTC, which means that a single GTX 1660 Super can earn a miner around 0.0032 BTC per day.

Assuming a miner has access to free electricity and is able to keep their mining rig running 24 hours a day, it would take them just over 305 days to mine 1 BTC with a GTX 1660 Super. However, in reality, most miners will not have access to free electricity, and will need to factor in the cost of running their mining rig when calculating their profits.

NOTE: Warning: Mining Bitcoin with a GTX 1660 Super can be a very time consuming process and it is not recommended for beginners. It is estimated that it would take about two years to mine 1 Bitcoin with a GTX 1660 Super, depending on the current network hash rate and the difficulty of the network. Additionally, mining any cryptocurrency carries significant risks which include but are not limited to price volatility, high electricity costs, and the possibility of theft or fraud. Before embarking on any mining venture, you should thoroughly research all potential risks associated with the process.

The bottom line is that while a GTX 1660 Super can earn a miner around 0.0032 BTC per day, it would still take over 305 days to mine 1 BTC with this GPU.

So, unless you have access to free electricity and are willing to wait over 300 days for your rewards, mining Bitcoin is not likely to be profitable for you.

Previous ArticleNext Article