What is Nostr?
ava
npub1f6u…zcka
2024-07-20 10:25:51
in reply to nevent1q…dxd5

ava on Nostr: ...

Depends on your hardware's hashrate, the cost of electricity, the current value of the coin etc.

Here's a good resource with calculators for you to point you in the right direction:

https://bravenewcoin.com/insights/crypto-assets-you-can-mine-from-a-home-computer

A notable section from the link:

"The hashrate and revenue calculation
The website WhatToMine offers a comprehensive calculator that allows you to evaluate the profitability of mining various cryptocurrencies compared to Ethereum or Bitcoin. It factors in your hardware’s hashrate to give you an estimate of potential earnings. Other factors influencing profitability are:

- The market price of the coin you are mining. Cryptocurrency prices are highly volatile – so mining a crypto that is trending up will make you more money than one that is flat or trending down.

- The cost of electricity. A basic rule of thumb for a GPU is the higher the hashrate it can produce, the more electricity it will use. The price of electricity worldwide is measured in kilowatt-hours.
USA Electricity prices

Electricity prices vary widely in the US. Source – EnergyBot"

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