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Author Topic: How much Ethereum were people mining in 2016?  (Read 244 times)
hous26 (OP)
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November 30, 2017, 06:01:49 AM
 #1

Were people mining like 5-6 per day with 6x 1060's?
MATHReX
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November 30, 2017, 08:02:15 AM
 #2

Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day.

Calculation breakdown:
Network hashrate (31st Dec 2017): 5739 GH
Hashrate with 6x 1060s: 120 MH
Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH
Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day.
F_ferdan
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November 30, 2017, 09:01:53 AM
 #3

Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day.

Calculation breakdown:
Network hashrate (31st Dec 2017): 5739 GH
Hashrate with 6x 1060s: 120 MH
Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH
Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day.
Hmm..Curious..I didn't know that
juanichiloco
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November 30, 2017, 10:39:17 AM
 #4

Not at all.
More like 0.7 ETH per day but with today's price, that was like a lottery each day.

Calculation breakdown:
Network hashrate (31st Dec 2017): 5739 GH
Hashrate with 6x 1060s: 120 MH
Amount of ETH generated through Mining at that time in a day: (86400/13) * 5: 33230 ETH
Reward with 6x 1060s: (120MH\5739GH) * 33230 = 0.7 ETH/day.
Hmm..Curious..I didn't know that

If only we could turn back time  Cheesy, the real question is which coin that we can mine now has the most potential growth, I don't think we'll see anything on Ethers level again but maybe a coin around 2-5usd going up to 50usd as an example.

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