Every GPU is profitable for mining right now.
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GPU mining is BACK?!
After a long stretch of terrible GPU mining profitability, things have suddenly changed. Pearl and Quantis have been extremely profitable over the past few weeks, with even older GPUs becoming profitable again.
At the time of recording, a 4090 is making almost $10/day and even 3070s are around $2/day. My own GPU setup is currently generating around $328/day, or roughly $10,000/month — although these numbers can change very quickly with coin prices and network hashrate.
In this video, I go through what happened with Pearl mining, the massive increase in GPU hashrate, Quantis profitability, my own GPU mining rigs, and whether I think GPU mining is actually BACK for good.
The big question is: how long can this last?
I personally would NOT recommend that most people rush out and buy GPUs just because profitability is currently high. GPU hardware, RAM, storage, motherboards and other components are expensive, and profitability can change extremely quickly.
If you already have GPUs sitting around, however, this could be a very interesting time to turn them back on.
Thanks for watching!
Chapters
00:00 GPU Mining Is Back?!
01:05 Corx Hosting
02:24 Why Is GPU Mining Profitable Again?
02:57 Pearl's Massive Price Increase
03:10 GPU Hashrate Explodes
04:10 Pearl Mining Profitability
05:00 Is This Like the Ethereum Mining Days?
05:45 Quantis Mining Takes Off
06:32 Pearl vs Quantis
07:00 Why Did So Many GPU Miners Quit?
08:00 The Current GPU Mining Opportunity
09:28 My GPU Mining Setup
09:41 $328/Day GPU Mining?!
10:18 My 170HX ROI
11:07 How Long Will This Last?
11:52 GPU Mining Is Back
12:10 Final Thoughts
⚠️ Not financial advice. Mining cryptocurrency is highly volatile and profitability can change at any time. Do your own research and mine within your means.
#GPUMining #CryptoMining #PearlMiningShow More
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