Staking is also generating good income for miners, or 5.22% for staking pools and 5.86% for those running a validator node for a lock-up period of 365 days. The profitability is now 0.07 USD/day per MH/s in October 2021. Q #3) Is Ethereum mining profitable in 2021?Īnswer: Mining Ethereum is generating good income in 2021 with mining profits doubling within a single month as per data from Statista.

For GPUs and rigs to mine Ethereum, consider NVIDIA GeForce RTX 3060 Ti, AMD Radeon RX 5700 XT, NVIDIA GeForce RTX 2070, NVIDIA GeForce RTX 3090, and AMD Radeon RX 580. You would be better with ASIC miners for Ethereum instead of CPU or GPU.įor that reason, check Innosilicon A11, A10, Pro, Bitmain Antimer L7, and 元.

We suggest you switch to staking, which earns up to 5% APR on any ETH staked.Īnswer: If you are looking for the best mining software for Ethereum, check NBMiner, Go Ethereum, and PhoenixMiner. With RTX 3080 GPU, you mine about 0.006 ETH per day, which means it takes close to 156 days to mine 1 Ethereum with it. At a hashing rate of 100MH/S on your GPU, for instance, it takes about 403 days to mine 1 Ethereum. Q #1) How long does it take to mine 1 Ethereum?Īnswer: It depends on your GPU’s hashing power. GUI-based interfaces are better for beginner users than those tools based on command-line.Ethereum staking is more recommended than proof of work mining with an ASIC or GPU as Ethereum mining with GPU and ASIC will become obsolete by end of this year.

Gui crypto miner for windows monero