Are you interested in doing a crypto mining setup using the NVIDIA RTX 3060Ti graphics card? Crypto mining is one of the most promising ways to make hundreds of bucks daily without worrying about anything. And in the growing crypto market, this is one of the best ways through which you can start generating bucks passively.
So if you’re looking to do crypto mining from sitting at your home and if you’re not sure about which parts you should have to choose for better hash rates, then here I’m with another most exclusive post on crypto mining using RTX 3060ti, the hashrate of 3060Ti for ethereum mining and the profit you’ll make using this crypto mining setup.
But before we can proceed further to share the list of components, we used to set up for crypto mining, we first learn about…
What is Crypto Mining?
Crypto mining is a process in which you put your machine to perform a certain task and completing the “blocks” of verified transactions which are added to the Blockchain. Once the “blocks” are verified, you’ll receive Bitcoins or the coins you are mining as a reward for completing those blocks of verified transactions.
Mining cryptocurrencies is a hard process and the rewards are paid to the miner who discovers the solution to a complex hashing puzzle first. And when we talk about profitability, the participant will receive a portion of the total mining power on the network.
Hard to understand? Here it is, in simple language,
Crypto mining is a process through which people use their machine or a pc built to perform certain tasks to obtain a little bit of cryptocurrency.
Types of Crypto Mining
Not sure about the type of crypto mining? Here I’m sharing the popular ways through which people mine crypto coins without any issues. If you’re new to crypto mining, you can still mine the cryptocurrencies using the ways we share below.
1. Cloud Mining
So the first type of mining is “Cloud Mining”. Cloud mining is nothing but simply rent and my type of system where you pay some amount to rent the mining system of others and use it for mining cryptocurrencies for yourself.
People prefer this type of mining because of less space and no maintenance issues. The whole system is managed by the provider from which you’re renting the hardware – but it may require some bonds.
2. CPU Mining
CPU mining is a type of mining in which you use your CPU to mine cryptocurrencies. You can mine few crypto coins using this method, which has a lower DAG file.
Generally, we don’t just use our CPU to mine the cryptocurrencies because it has fewer hashrate and you’ll not make any profit from this.
3. GPU Mining
GPU mining is one of the most popular ways to mine cryptocurrencies, and in this guide, we’re using this way to mine the coins. It is one of the most promising and fastest ways through which you can complete the “blocks” of verified transactions in Blockchain.
With the help of GPUs, you can start generating a 22 mh/s hashrate or more, and when we talk about the GPUs like RTX 3060 Ti, it has the power to generate a 61.8 mh/s hashrate for ethash algorithm which is required to mine ethereum.
4. ASIC Mining
ASIC Mining is another most popular and promising way to mine cryptocurrencies. With the help of ASIC miners, you can start generating around $20+ a day and even $100+.
But the thing which I don’t like about this type of miner is, they come with 3-4 months of warranty and support, which is too low for anyone. Apart from this, they are pricy and cost you a lot more than a custom GPU mining setup.
The Best Ways to Mine Crypto?
If you ask me the best way to mine cryptocurrencies, then I highly recommend mining using GPUs. It is because we can grab the GPUs at minimal prices as compared with ASIC miners and generate way more than any other mining setup.
Especially when we talk about the latest NVIDIA RTX 3060 Ti graphics card, they come at the MSRP of $400 and provide a hashrate of 61.4 mh/s – which in normal language makes around $4.4 a day.
And according to this calculation, you can make around $132/per month.
Our RTX 3600Ti Setup for Ethereum Mining
So here is the thing which you’re waiting for! The setup uses this component to mine cryptocurrencies. As the setup uses 10 RTX 3060 ti graphics cards, the total hashrate it is generating for ethereum mining is 610.00 mh/s.
As it is generating around 610.0 mh/s and consumes around 1200W in total, you can ideally make around $44 per day with this mining rig.
Optimizing RTX 3060 Ti
Not sure about the ideal optimization of RTX 3060 ti for mining? Here I’m sharing a few optimization settings which are ideal for the RTX 3060 ti graphics card.
You can use these optimizations on your system for efficiency and stable mining on the ethash algorithm with minimal power consumption.
And these are as follows;
1. For Ethash Mining (66.4 mh/s & 120W):
Here are the ideal settings or optimization for mining on ethash algorithms. These optimizations are ideal only for RTX 3060 ti.
- Core Voltage (VDD): NA
- Power Limit (%): 60% or 120 (W)
- Core Clock (CClock): -500
- Memory Clock (MClock): +1100 or 2200 (for Windows & Linux respectively)
- Fan Speed (%): 70% or more/less based on your temps.
2. For KawPow Mining (27Mh/s 190 Watts):
Here are the ideal settings or optimization for mining on KawPow algorithms. These optimizations are ideal only for RTX 3060 ti.
- Core Voltage (VDD): NA
- Power Limit (%): 80%
- Core Clock (CClock): +100
- Memory Clock (MClock): +400
- Fan Speed (%): 70% or more/less based on your temps.
You can also submit your overclocking settings in the comment section below for mining using RTX 3060 ti.
How to Setup RTX 3060 TI for Mining?
Here I’m sharing a video which uses RTX 3060 ti FE edition for setting up the mining. The video is picked from YouTube after doing deep research on it. This video is the only video available on YouTube for an in-depth setup of RTX 3060 ti.
Why we Choose RTX 3060 Ti for Ethereum Mining?
Another question that arises here is, why we choose RTX 3060ti for mining ethereum using Ethash algorithms? Any guesses?
We choose the RTX 3060 ti for mining ethereum because, in the current market, ethereum mining is one of the most profitable ways to make money passively as compared with other algorithms which used to mine other coins.
So to learn more about why we choose ethereum with the Ethash algorithm for mining, here is the detailed report of profitability and the algorithms used by various pools for RTX 3060 ti.
So based on this, we find that mining ethereum using the ethash algorithm is more profitable and it makes more money with the same or similar hashing power and the wattage requirements.
Wrapping Up!
So in this guide, I’ve shared the list of parts I’m using to mine cryptocurrencies and generating over $44/day. The whole setup has taken around $7,000 USD and if I generate $44 a day, then it will hardly take 5-6 months to cover all my investment on this build.
You can also use other graphics cards for your build, but if it comes to value for money and maximum hash rate then RTX 3060 ti is what you need! You can also try some other graphics cards like RTX 3080 and RTX 3090 graphics cards with mining risers– which are indeed the best graphics card in the market with the highest hash rates.
Let me know which graphics card you’re using to build your crypto mining setup!
there is no way you get 66.4 Mh/s on 120w with that overclock/optimization settings. i have a 3060 ti and i get 61.5 ish Mh/s on 130w and i have tested my way for hours to that.