Today I'm going to share with you current ethereum mining profitability with my two ASUS Strix RX 470 4GB rigs.
Currently I've two rigs, one with 7 GPU and another with 6 GPU with it. And every GPU is hashing around 27MH.
Current profitability using this two rigs is around 0.37716/ Week and 1.61641 ETH / Month. Current exchange rate of Ethereum is $306 per ETH.
So my revenue from mining is $495 per month without electricity charge. Let's calculate my net income now.
My RIG01 is consuming 1080 watt and RIG02 is consuming 940 watt power which is approximately 140 watt per card. So my total power consumption is 1080 + 940 = 2020 watt and my rate of electricity is approx $0.12/KWh.
So my power cost is approximately $175. And my net income is approximately $320.
I've some other rigs with different setups. I'll write about them in future. Till then subscribe and upvote if you like my posts.
Happy Mining :)
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nice write up, thanks for sharing this info.
Thanks for being with me. :) Cheers :)
Haven't you noticed that the orange line's far below the green one? You may try to close the miner and then relaunch it every once in a while (when you see that the blue line is mostly below the green one).
Thanks for pointing that out. But the blue line forms depending on the number of shares that are submitted to the pool and the green line represents speed that my rig is calculating at. So, it will never be a linear line and the actual effective speed will be lower than the speed that will show in miner software. :) @valiozzi
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Why you should NOT get into cryptocurrency mining: https://steemit.com/mining/@walczakit/why-you-should-not-get-into-cryptocurrency-mining
Hi @jeevansantoshi. Welcome to Steemit and thanks for following. I've recently visited your profile but it seems that you copy pasted some articles on your blog which is a violation of this community. I would like to suggest you to post your own articles / writing and keep steemit a valuable community and not make it a junk site. Hope you understand.