The GTX 1060 is a great mining GPU. It has a hashrate of around 21 MH/s and a power consumption of just 120 watts.
This makes it one of the most efficient mining GPUs on the market.
However, the GTX 1060 is not the most powerful mining GPU. That title goes to the GTX 1080, which has a hashrate of around 30 MH/s.
The GTX 1060 is also not the cheapest mining GPU, with the RX 580 costing around $100 less.
NOTE: WARNING: Mining cryptocurrencies like Bitcoin can be a risky venture. Before attempting to mine Bitcoin with a GTX 1060, it is important to understand the potential risks and rewards associated with this activity. It is possible that the GTX 1060 could generate significant amounts of Bitcoin; however, it is also possible that the hardware will not be powerful enough to yield meaningful results. Additionally, there are other potential risks associated with cryptocurrency mining such as electricity costs, fluctuations in the value of cryptocurrencies, and security risks. Therefore, it is important to do your research before attempting to mine Bitcoin with a GTX 1060.
So, how much bitcoin can a GTX 1060 mine?
Assuming you have an electricity cost of $0.10 per kWh, a GTX 1060 will generate around $4.
50 worth of bitcoin per day. This means it will take around 133 days to mine one bitcoin, assuming the price of bitcoin remains stable.
However, if the price of bitcoin increases, or if you have a lower electricity cost, then your profits will increase. Conversely, if the price of bitcoin decreases, or if your electricity cost increases, then your profits will decrease.
In conclusion, the GTX 1060 is a great mining GPU that is both efficient and powerful. It is not the cheapest option on the market, but it will generate a decent profit if the price of bitcoin remains stable.
3 Related Question Answers Found
GTX 1070 is a great graphics card for mining, especially if you can find one at a good price. It offers high hashrates for both Ethash and Equihash, and it doesn’t require too much power. With a GTX 1070, you can expect to mine around 0.
5 Bitcoins per day.
It would take approximately 1 year to mine 1 Bitcoin with a GTX 1070. This is based on a few factors, including the hash rate of the GTX 1070, the power consumption of the GTX 1070, and the current difficulty of mining Bitcoin. The hash rate of the GTX 1070 is approximately 26 MH/s.
As the world’s first and most well-known cryptocurrency, Bitcoin has taken the lead in the digital currency race. Its popularity has led to the development of numerous applications, and one of the most popular is cryptocurrency mining. Cryptocurrency mining is the process of verifying and adding transaction records to a digital ledger (known as a blockchain) through the use of cryptography.
