As the second-largest cryptocurrency by market capitalization, Ethereum has garnered a lot of attention from investors and miners alike. And for good reason – Ethereum’s price has seen explosive growth in recent months, reaching all-time highs of over $2,000.
With such high prices, it’s no wonder that people are wondering how much Ethereum they can mine with a NVIDIA GeForce 3080.
The answer, unfortunately, is not as straightforward as you might hope. Ethereum mining is highly dependent on two factors – the price of Ethereum and the network hashrate.
The network hashrate is a measure of how much mining power is being devoted to the Ethereum network. The higher the hashrate, the more difficult it is to mine Ethereum.
Right now, the network hashrate is around 250 TH/s. That means that a single NVIDIA GeForce 3080 can expect to mine around 0.
0012 ETH per day. That’s not even enough to cover the transaction fees!.
Of course, this is just a rough estimate. Your actual results may vary depending on a number of factors, including your electricity costs and the efficiency of your mining rig.
At current prices, a NVIDIA GeForce 3080 can generate around $3 worth of Ethereum per day. However, if the price of Ethereum rises or the network hashrate decreases, your earnings will increase.
Conversely, if the price of Ethereum falls or the network hashrate increases, your earnings will decrease.
So, how much Ethereum can you expect to mine with a NVIDIA GeForce 3080? It really depends on a number of factors beyond your control. However, at current prices and with current mining difficulty, you can expect to earn around $3 worth of ETH per day.