Do you have a gaming PC? Why not make some money while you’re not playing? Yes, you read that correctly. You may start mining crypto coins right now with the GPU power of your computer. It doesn’t matter if it’s a game PC or a dedicated mining rig with 6 or 8 GPUs. Mining crypto currency is always profitable. Yes, even in the year 2021. But first, you must decide what to mine and which currencies are more profitable to mine with your GPU.
It makes no difference if you have a low-cost or high-cost GPU, NVIDIA or AMD. There are thousands of different Alt currencies, each with its own technology and algorithm. Each GPU type excels at mining a specific algorithm. The AMD RX 480, for example, is capable of mining Ethash, which is the algorithm used by Ethereum, Ethereum Classic, Pirl, Musicoin, and many more cryptocurrencies. The Equihash method is used by Zcash, Zclassic, Zencash, and other coins, and top NVIDIA cards are capable of mining it. Now that you know your GPU model, how do you choose the most profitable currency for it to mine? Whattomine.com is here to help you get started with cryptocurrency mining.
What To Mine
Before you start mining crypto currency, there are a few things to consider, such as the cost of power and the difficulty of the task. You need first learn how much electricity costs in your state in KWH, which you can find on Google. Next, you’ll need to know the coin’s difficulty, which you won’t be able to get on the internet because the difficulty changes frequently. However, this information is available on the whattomine.com website, which is updated on a regular basis.
What To Mine is a calculator that compares the economics of mining Crypto currencies to Ethereum. It makes use of a variety of statistics to assist you in determining which coin will give the most return at the present rate. Before you begin, the only information you should have is your GPU model and the cost of electricity in your area. So, let’s have a look at how to use whattomine.com.
How to use and understand WhatToMine.com
When you visit whattomine.com, the first thing you’ll notice is that there are various fields for the most commonly used graphic card models. The AMD cards are in the top row, while the NVIDIA cards are in the bottom row. If your GPU model is listed, all you have to do now is type in the GPU number. If you have three GTX1060, for example, enter 3 in the 1060 area and click on 1060. Make sure it’s in Green and that all of the other fields are disabled. Keep in mind that AMD graphics cards are marked in red, while NVIDIA graphics cards are shown in green. If you have a mining equipment with multiple GPU models, enter their number and highlight them.
When you enter your card information, the hash rate of the card should fill in automatically for the algorithm. Now scroll down to the bottom of the page and enter your electricity bill. It’s set to 0.1 $/KWH by default, which is standard in most states. After you’ve done that, click Calculate. It should now provide a list of coins and algorithms that are profitable to mine in contrast to Ethereum, based on your input.
The name of the coin and its algorithm are listed in the table. The coin’s difficulty net hashrate. The number of coins you can get in 24 hours utilizing your GPU is called the estimated rewards in 24 hours. Profitability in percent, current exchange rate, revenue in BTC (Bitcoin), revenue in USD