NVIDIA RTX 30, could cards be targeted by crypto miners?

NVIDIA RTX 30, could cards be targeted by crypto miners?
There is no doubt that NVIDIA's GeForce RTX 30 series (codenamed Ampere) is undoubtedly a gaming marvel. However, Chinese cryptocurrency miners (as spotted by @momomo_us) have apparently found another use for the cards: Ethereum (ETH) mining.

Indeed, according to claims of one miner, the GeForce RTX 3080 boasts 3 to 4 times higher hashrate than the GeForce RTX 2080, which is generally between 30 and 40MH / s depending on the model. Even the GeForce RTX 2080 Ti barely manages to reach 50MH / s.

Alleged RTX 3080 Mining Ethereum (Credit: Baidu) For the sake of simplicity and referring to US costs, let's assume you pay 0 , $ 10 per kWh in the city where we operate and that we already have an existing system for mining. The GeForce RTX 3080 costs $ 699, so it will take about 274 days to recoup the investment. This is also interesting for non-miners, as a person could purchase a GeForce RTX 3080 on September 17th and the graphics card will pay for itself in less than ten months. Of course, you will also need to take into account the wear and tear that cryptomining will produce on your hardware.

The GeForce RTX 2080 is virtually out of production now, but it too debuted at $ 699. The card, despite having a lower power consumption, is capable of generating a much lower hashrate. Assuming a constant hashrate of 40 MH / s, it will take up to 933 days to recover the expense. As a result, the GeForce RTX 3080 is significantly more profitable for cryptomining.




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