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An Ethereum mining farm was discovered in the United States, consisting of 78 GeForce RTX 3080 video cards manufactured by PNY. TechARP estimates that it brings the owner $ 128,088 a year.
Simon Byrne of Las Vegas spent around $ 100,000 on the farm, with an average price of $ 1,199 per card. The total power consumption of the equipment is 23.4 kW, while each card consumes about 300 watts.
Data: TechARP.
The farm owner pays $ 2,166 per month for electricity (8.43 cents per kWh), including additional air conditioning costs.
A single GeForce RTX 3080 card has a hash rate of around 83 MH / s using the Ethash algorithm, which should generate around 0.22236870 ETH or $ 165 per month. The entire system of 78 graphics cards should be removed for a total of about 17.3 ETH or $ 12,840 per month.
After deducting energy costs, Bern makes a monthly profit of approximately $ 10,674 or $ 128,088 per year.
Remember that in June, in the context of the rise in the price of Ethereum to $ 330, Chinese miners became interested in mining the second largest cryptocurrency in terms of capitalization. However, their plans were in jeopardy due to a shortage of video cards and their increasing cost.
Read about how mining has changed in 2020 in a special ForkLog article:
Halving, corporate warfare, and spheres of influence redistribution: how mining has changed in 2020
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