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1060 ETH Hashrate: A Comprehensive Overview
Are you considering investing in Ethereum mining with a GPU like the NVIDIA GeForce GTX 1060? Understanding the hashrate of this particular GPU is crucial for making an informed decision. Let’s delve into the details of the 1060 ETH hashrate, exploring its performance, efficiency, and potential ROI.
Understanding Hashrate
The hashrate is a measure of how quickly a GPU can perform cryptographic calculations, which is essential for Ethereum mining. A higher hashrate means a GPU can solve more equations in a given time, increasing your chances of earning rewards. The 1060 ETH hashrate is a critical factor to consider when evaluating its mining capabilities.
1060 ETH Hashrate: Performance Metrics
According to various online sources, the average hashrate for a NVIDIA GeForce GTX 1060 GPU when mining Ethereum is around 18.5 MH/s. This figure can vary slightly depending on the specific model and the software used for mining.
Here’s a breakdown of the performance metrics for the GTX 1060 in Ethereum mining:
| Model | Memory | Base Clock | Boost Clock | Power Consumption | ETH Hashrate |
|---|---|---|---|---|---|
| GeForce GTX 1060 6GB | 6GB GDDR5 | 1506 MHz | 1759 MHz | 120W | 18.5 MH/s |
| GeForce GTX 1060 3GB | 3GB GDDR5 | 1506 MHz | 1759 MHz | 120W | 18.5 MH/s |
Efficiency and Power Consumption
Efficiency is another crucial aspect to consider when evaluating the 1060 ETH hashrate. The GTX 1060 is known for its relatively low power consumption, making it a cost-effective choice for Ethereum mining. The average power consumption for the GTX 1060 when mining Ethereum is around 120W.
Here’s a comparison of the GTX 1060’s power consumption with other GPUs in the same category:
| GPU | Power Consumption (W) |
|---|---|
| NVIDIA GeForce GTX 1060 6GB | 120W |
| NVIDIA GeForce GTX 1070 | 150W |
| AMD Radeon RX 580 | 135W |
ROI and Profitability
Calculating the ROI for Ethereum mining with a GTX 1060 involves considering several factors, including the hashrate, electricity costs, and the current price of Ethereum. As of this writing, the average block reward for Ethereum is 2 ETH, and the difficulty is around 1.5 TGH/s.
Let’s assume you’re paying $0.12 per kWh for electricity. Using this information, we can calculate the estimated daily profit for a GTX 1060 mining Ethereum:
| Parameter | Value |
|---|---|
| Block Reward | 2 ETH |
| Difficulty | 1.5 TGH/s |
| ETH Price | $400 |
| Electricity Cost | $0.12/kWh |
| Power Consumption | 120W |