In the United States, an Ethereum mining farm composed of 78 GeForce RTX 3080 cards from PNY has been found. According to TechARP, it yields $128,088 a year to the owner.
Simon Bern of Las Vegas spent about $100,000 on the farm’s construction, with an average price per card of $1,199. The total power draw of the equipment is 23.4 kW, with each card consuming around 300 W.
Data: TechARP.
The owner pays $2,166 per month for electricity (8.43 cents per kWh), including additional cooling costs.
One GeForce RTX 3080 has a hash rate of 100 MH/s using the Ethash algorithm, which should generate about 0.22236870 ETH or $165 per month. The entire 78-card system should mine roughly 17.3 ETH or $12,840 per month in total.
After electricity costs, Bern’s monthly profit is about $10,674, or $128,088 per year.
Earlier in June, amid Ethereum’s price rise to $330, miners in China were interested in mining the second-largest cryptocurrency. However, their plans were jeopardized due to a shortage of graphics cards and their rising costs.
For a look at how mining changed in 2020, ForkLog’s retrospective can be read:
Halving, corporate war and the reshaping of influence: how mining changed in 2020
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