Video Card Ethereum Mining Calculator

This calculator helps you estimate your Ethereum mining profitability using a video card. Enter your GPU specifications, electricity costs, and other parameters to calculate daily earnings, power consumption, and return on investment.

How to Use This Calculator

To use this calculator effectively:

Enter your video card's hash rate in MH/s (MegaHash per second)
Select your video card model from the dropdown
Input your electricity cost per kWh
Enter the current Ethereum price in USD
Click "Calculate" to see your results

The calculator will display your estimated daily earnings, power consumption, and ROI based on the inputs you provide.

Formula Used

The calculator uses the following formulas to determine your mining profitability:

Daily Earnings (USD) = (Hash Rate × Block Reward × Difficulty Adjustment) / 24 Power Consumption (kWh/day) = (Power Draw × 24) / 1000 ROI (Days) = (Initial Investment) / (Daily Earnings - (Power Consumption × Electricity Cost))

Where:

Hash Rate = Your GPU's mining performance in MH/s
Block Reward = Current Ethereum block reward (varies with network difficulty)
Difficulty Adjustment = Factor to account for network difficulty changes
Power Draw = Your GPU's power consumption in watts
Electricity Cost = Cost per kWh in your local currency
Initial Investment = Purchase price of your GPU

Worked Example

Let's calculate the profitability of mining Ethereum with a GTX 1060 6GB:

Example Inputs:
Hash Rate: 25 MH/s
GPU Model: GTX 1060 6GB
Power Draw: 120W
Electricity Cost: $0.12 per kWh
Ethereum Price: $2,000
Initial Investment: $300

Using the formulas:

Daily Earnings = (25 × 2.5 × 1.2) / 24 ≈ $2.60
Power Consumption = (120 × 24) / 1000 = 2.88 kWh/day
ROI = 300 / (2.60 - (2.88 × 0.12)) ≈ 300 / 2.23 ≈ 134 days

This means you would earn approximately $2.60 per day, consume 2.88 kWh of electricity daily, and break even in about 134 days.

Frequently Asked Questions

How accurate is this calculator?

This calculator provides estimates based on current Ethereum mining parameters. Actual results may vary due to network conditions, electricity costs, and hardware performance.

What factors affect Ethereum mining profitability?

Profitability depends on your GPU's hash rate, power consumption, electricity costs, Ethereum price, and network difficulty. Higher hash rates and lower electricity costs generally improve profitability.

How often should I update my calculations?

You should update your calculations whenever there are significant changes in Ethereum price, network difficulty, or electricity costs. Network difficulty adjusts approximately every two weeks.

What is the best GPU for Ethereum mining?

The best GPUs for Ethereum mining typically have high hash rates and good power efficiency. Current top performers include NVIDIA RTX 30 series and AMD RX 6000 series cards.