NVIDIA GTX 1060 Mining Review

For those users that are not able to get their hands on some AMD Radeon RX 480 or Radeon RX 580 video cards, and still are not wanting to pay the higher price for the Nvidia Geforce GTX 1070 that is also becoming more and more out of reach, there is always the Nvidia Geforce GTX 1060 that is certainly worth taking a look at. Many users have probably already noticed that these cards are still easily found with most retailers and they are also pretty great in terms of mining Ethereum.

Mining Specs

Ethereum Hash Rate:

  • Power Consumption: 110W
  • Hash Rate: 22 MH/s

Ethereum Hash Rate (modded):

  • Power Consumption: 65W
  • Hash Rate: 30 MH/s

Source: Forum Ethereum

As many users probably already know, the GTX 1070 Founders Edition has proven to have a really great hashrate that is about 27 MH/s when it comes to stock form, and it also can easily go over 30 MH/s when it comes to the memory being overclocked. Many users also probably know that many of the Geforce GTX 1070 8GB cards are more than $400.00, and so there is a lot to love about the lesser priced Geforce GTX 1060 cards that are on the market.

Fortunately for users, this card is able to be found at almost every retailer and it usually only $249.99, or around that. Also, depending on which model you are able to get your hands on, you will notice that they have a hashrate that can be 18 to 19 MH/s, or around this. For users that are able to overclock the memory for this card, the hashrate will then go up to about 22 to 23 for many of the cards that users are able to get. If you were to get your hands on 6 of these cards, then you would be able to get around 135 MH/s for only around $1,500.00 to $2,000.00.

Profit

Users that are able to get the memory overclocked for the Nvidia Geforce GTX 1060 will be able to make around $1,700.00 every year, and this is based upon the prices of Ethereum for right now. Users that are able to lower the power target will see that their power bill is able to be lowered by around $50.00 per year, but this will also mean that they will be mining a little bit less than normal. One of the best reasons for lowering the power target for it is that there will be less noise and heat.
Final Thoughts on The NVIDIA GEFORCE GTX 1060

The Nvidia Geforce GTX 1060 certainly is a great investment, especially if you are going to buy in bulk. For users that are not able to afford the Nvidia Geforce GTX 1070, and those that are not able to get their hands on the AMD Radeon RX 480 or Radeon RX 580 video cards, this option is certainly a great one. All in all, it is a great card, and it is worth the price when you look at how much you could be making in profit per year.

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