How many Monero coins can I mine in one day?
Liubomyr ShmaliiNov 28, 2021 · 3 years ago3 answers
I'm interested in mining Monero and I'm wondering how many coins I can expect to mine in a single day. Can you provide some insights on the average daily yield of Monero mining?
3 answers
- Nov 28, 2021 · 3 years agoMining Monero can be a profitable venture, but the number of coins you can mine in a day depends on several factors. These include the hash rate of your mining hardware, the difficulty of the Monero network, and the efficiency of your mining setup. On average, a high-end mining rig can mine around 0.5 to 1 Monero coins per day. However, keep in mind that these numbers can vary and are subject to market conditions.
- Nov 28, 2021 · 3 years agoIf you're mining Monero with a regular computer or a single GPU, the number of coins you can mine in a day will be significantly lower. You might only be able to mine a fraction of a coin or even less. It's important to consider the cost of electricity and the potential wear and tear on your hardware when deciding whether mining Monero is worth it for you.
- Nov 28, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the average daily yield of Monero mining can range from 0.3 to 0.8 coins per day. This estimate is based on the current network difficulty and the average hash rate of mining rigs. However, it's important to note that these numbers can fluctuate and are not guaranteed. It's always a good idea to do your own research and consider the current market conditions before investing in mining equipment.
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