Mining on NVIDIA GeForce RTX 3060: profitability

Today we will talk about another graphics adapter from the Ampere RTX 3060 line. Mining on the flagship 390/380 models turned out to be quite productive, but the 370 with a hash rate of 60 Mh / s looked rather pale against the leaders. Of course, if the greens reduced the price, then everything would be perceived differently. Well, so, customers are offered: an effective, but very expensive RTX 3090, a very good 3080 in all respects (the first batch was grinded, then the price was raised), and the 3070, which was not particularly attracted to any of the miners. mining card 3060 should appear on store shelves.

The miners’ site miningclub.info reported that: “On the Chinese forum, they tested a still unreleased video card from Nvidia RTX 3060 Ti (unless, of course, this is a fake). Judging by the screenshots, the card crushes 61 MH on air with a stock core, powerlimit 60%, 120 watts consumption and 1200 MHz memory overclocked. It seems not bad, there is something to change the GTX 1070 for. ” Indeed, there is such a topic on the Chiphell.com resource, a link to the source https://www.chiphell.com/thread-2279387-1-1.html, and if we take this model into account, taking into account trade margins, it should cost about $ 550, then it will overtake the RX 5700XT. Let’s take a closer look at its technical characteristics and calculate the profit.

RTX 3060 Graphics Specifications

For clarity, let’s compare the new card with its predecessor, the RTX 2060.

As you can see from the table, the new card differs in the type of graphics core and process technology, but otherwise the 3060 and 2060 are very similar. Nevertheless, the increase in mining performance is very significant. True, it should be borne in mind that at the crypto forum they talked about the 3060Ti, but this is still not quite the same as the ordinary rtx 3060.

Mining on a simple 2060 is not particularly profitable, but the graphics adapters of this line with the Super prefix show pretty good results. But, the 3060Ti mining card looks much preferable. Unless, of course, Nvidia and online retailers decide to raise the price too much.

Which is better to choose, GeForce RTX 2060 or RTX 3060

The RTX 2060 graphics card is overclocked on the Ethash algorithm up to 36 Mh / s, and the 2060 Super up to 42 Mh / s. The consumption of 3060 in mining is about the same as that of the previous model. The exact price of the RTX 3060 is not yet known, the card will start selling in December, but there was a throw-in that the card will cost about 40,000 rubles.

On Yandex Market, graphics adapters rtx 2060 are offered for 25/27 thousand rubles, and 2060Super is 36/38 thousand rubles. That is, you pay the same money as for the 2060 Super and with the same power consumption you get 60Mh / s instead of 42 Mh / s on the air. No further comments are needed. However, it would still be worthwhile to wait for the tests of our miners before lining up for new video cards. And some greedy dealers, anticipating the increased demand, may offer these cards at an inadequate price. But these are assumptions, for 40,000 rubles the RTX 3060 is worth buying, the 5700 XT are slightly less productive.

In addition, used Nvidia cards will be easier to sell to gamers later. But, most likely, that 3060 will be put on the shelves of our stores at a price of at least 50,000 rubles. Then the profitability of these video cards will be lower, but if you choose between 2060 and 3060, then you should buy the latest model. One 3060 consumes 2 times less than two 2060 and at the same time lags behind in hash rate by 15%. Why take up two slots and pay more for electricity when you can make the rig compact and energy efficient. In addition, one video card will make much less noise.

Test RTX 3060 in mining on different algorithms

There are no other tests, except for information from the Chinese forum, so far. Therefore, it is impossible to say for sure how productive this model will be on other coins. Ampere cards are primarily tested on Ethash, since this algorithm is currently the most profitable.

In addition, Ethereum mining utilities are compatible with the new architecture. While it must be said that 3080 mines Ravencoin, Beam is another digital coin. But, it is more profitable to mine ether. Perhaps, over time, the situation will change, but, for now, we have what we have.

How to Overclock RTX 3060 and Reduce Power Consumption

Overclocking the rtx 3060, like other graphics adapters, is carried out by increasing the memory frequency. If you dig ethereum for green, then the core for most models is left in stock, and sometimes even underestimated. But in order to reduce the consumption of 3060 in mining, you need to reduce the power limit.

Usually exhibited Powerlimit 60/65% and then the card consumes less, without significant loss of hash rate. The settings are configured in the MSI Afterburner program, this is a universal software that works with video cards for mining.

There are other dedicated applications, such as NvidiaInspector, but current releases of this software are not compatible with newer models. But, if this line is in demand, the developers will update the software for these video cards.

Conclusion, relevance of investment

So, let’s calculate how many 3060 mines per day on the air and draw conclusions. As of December 2, 2020, the exchange rate of the Ethereum cryptocurrency is $ 592 per coin. With a hash rate of 60 Mh / s and an electricity price of $ 0.06 / kWh, the RTX 3060 will mine $ 2 of net profit per day. That is, at a price of 50,000 rubles, this gpu device will pay off in about a year. Decent result.

Of course, you need to take into account that Ethereum will go to PoS next year. But other crypto coins and other mining algorithms will remain. The rtx 3060 video card in mining should become an alternative to the 3070 and 5700XT, but it is too early to make a final conclusion. We are waiting for the 3060 to enter the market.

Subscribe to our resources and read comments, sometimes smart people write smart things there.

Related materials: