Bitcoin Forum

Bitcoin => Mining support => Topic started by: miningnewbie88 on August 18, 2021, 12:40:28 PM



Title: Question about hashrate on Nicehash
Post by: miningnewbie88 on August 18, 2021, 12:40:28 PM
Good morning,

I just bought a new gaming computer with a GPU RTX 3070. I downloaded Nicehash and started mining with my GPU 3070 with a medium configuration on Nicehash. I have noticed that my average income doesn't exceed 0.00004 / 0.00005 BTC per day, which is twice less than the simulation on Nicehash website (0.00010883 BTC/24h).

I would like to know if it is normal to lose so much hashrate because using medium instead of high?

Thank you very much for helping

Best regards


Title: Re: Question about hashrate on Nicehash
Post by: kano on August 18, 2021, 12:42:48 PM
    
BITCOIN MINING INTRO & RULES OF THIS SUBFORUM - READ BEFORE POSTING

https://bitcointalk.org/index.php?topic=2415854.0


Title: Re: Question about hashrate on Nicehash
Post by: NotFuzzyWarm on August 18, 2021, 01:00:38 PM
Mainly point-3 ^^
Quote
3. Mining BITCOIN is done exclusively with dedicated BITCOIN mining hardware based on ASICs - https://en.wikipedia.org/wiki/Application-specific_integrated_circuit . You CAN NOT meaningfully mine bitcoin today with CPU, GPU or even FPGAs. Bitcoin difficulty adapts to match the amount of mining done on the network and has reached levels trillions of times too high to mine meaningfully with PCs, laptops, tablets, phones, webpages, javascript, GPUs, and even generalized SHA hardware.