What is the current market value of Ethereum mined with a GTX 980?

3 answers

• Nov 24, 2021 · 3 years ago
  Mining Ethereum with a GTX 980 can still be profitable, but it's important to consider the electricity costs and the overall efficiency of the card. While the GTX 980 is not the most powerful graphics card for mining, it can still generate a decent amount of Ethereum. However, with the increasing difficulty of mining and the rise of more efficient mining hardware, it might be more cost-effective to invest in newer GPUs specifically designed for mining.
  456228
• Nov 24, 2021 · 3 years ago
  The current market value of Ethereum mined with a GTX 980 depends on various factors, including the current price of Ethereum, the mining difficulty, and the electricity cost. It's recommended to use mining calculators to estimate the potential earnings based on these factors. Keep in mind that the market value of Ethereum is volatile and can change rapidly, so it's essential to stay updated with the latest market trends.
  425142
• Nov 24, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the GTX 980 is still capable of mining Ethereum, but it may not be the most profitable option. They suggest considering newer GPUs or specialized mining hardware for better efficiency and profitability. However, if you already have a GTX 980, it can still generate some Ethereum, especially if you have access to cheap electricity. It's crucial to do thorough research and calculate the potential earnings before investing in mining equipment.
  498125