Can you achieve profit with a processor/GPU?

Since more and more people ask to extract an income, many are wondering whether it is still profitable to extract Ethereum with computers or graphics cards (GPU). In this article we will examine the abbreviation of popular cryptocurrencies such as Bitcoin and Litecoin and use them to calculate, or the mining of CPU/GPU can make a profit.

link prices

We have impressive link rates for various cryptocurrencies:

• Radeon HD 7950: approx. 600 mh/s (megahashe per second) for Bitcoin

• Radeon HD 7950 (again!): Approx. 600 kh/s (Kilohashes per second) for Litecoin

For the unknowns you will find a brief explanation for different measurement units here:

• Mh/s = megahash per second: A measure of the number of calculations A single core can be made in one second

• KH/S = Kilohashes per second: A measure of the number of calculations A single core can be created in a kilohash (16-bit number).

Calculation of profitability

In order to determine whether the extraction can achieve with a processor/GPU profit, we must calculate income based on links. We will use the following formula:

Income = link x time

We have not given time to extract a block or coin, but we can estimate it based on a block price and the number of miners.

Suppose an average extraction time on the block (approximate estimate) and the use of block prices for Bitcoin and Litecoin:

Bitcoin:

• Block price: 6.25 BTC

• Linking speed: approx. 600 mh/s x 60 minutes = 36,000 mh/s

Income = 36,000 mh/s x 0.06148 = 2 222.88 USD per hour

USD 2,222.88 per hour / 8 hours a day = $ 279.31 per day

Litecoin:

• Block price: 6.25 LTC

• Short circuit speed: approx. 600 kh/s x 60 minutes = 36,000 kh/s

Income = 36,000 kh/s x 0.06148 = 2 222.88 USD per hour

USD 2,222.88 per hour / 8 hours a day = $ 279.31 per day

Application

Although the sales estimates are promising, it should be noted that these calculations accept a specific configuration of the mining and the distribution of the block price. The actual profitability of the extraction with a processor/GPU can vary depending on various factors, such as: B.:

• The age and condition of the equipment

• The complexity of the abbreviation function (more difficult algorithm requires greater equipment)

• Competition from other miners

In summary, it can be said that it can theoretically extract profits with a processor/GPU, which we can not underestimate. To make considerable profits, you have to update your devices and have a strong network of colleagues to compete.

If you want to try to extract Ethereum or other cryptocurrency, consider, to invest in a high -performance GPU or AMD -Ryzen processor in order to achieve better performance.

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