What do YOU NEED to MINE 1 ETH/DAY?
Автор: Cryptomatics
Загружено: 2022-06-13
Просмотров: 3195
What would it be like to mine 1 ETH per day - or about $2,000 at the current price? That would mean 14,000 dollars per week, 56 thousand per month, and $672 thousand per year!!! That’s a whole lotta money!
But before you start daydreaming about Lambo’s and expensive houses … let’s see what it takes to reach this income, what are the costs, and how long would it take for the investment to pay for itself.
Stick with us till the end to find out the answer to all of these questions!
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The main topics of the video are:
▶ Mining
▶ SushiSwap
▶ PancakeSwap
▶ Uniswap
▶ Curve
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🟡 Mining
Mining makes sure the network runs well and safe and takes care of complex functions that help confirm transactions. Those who use their computation power, therefore using electrical energy, receive rewards at a given period of time.
🟡 What Do We Need To Mine ETH?
If you are a true gamer then you know what a GPU is. It is used in video games, machine learning, video editing - and now, also in crypto mining.
Once it gets started, the GPU will guess a number used only once, called the Nonce, via a trial and error process in order to validate transactions. This way, if the unique number is identified, you will receive the reward.
🟡How Do We Get to 1ETH / Day and What Would Be the Cost?
Let’s see how much would it cost to mine 1 ETH/day. We’ll take as an example an RTX 3090 video card with a mining power of 114 mh/s and an ASIC miner Innosilicon a10 pro of 720 mh/s.
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#Ethereum #ETH #cryptomining #Cryptomatic #Binance #Crypto #FinancialEducation
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