Comment
Author: Admin | 2025-04-28
(This story is a copy of the original one posted on my personal blog.)I have a couple of deep learning PCs at home, and they get idle (when I’m not training deep learning models) from time to time. Meanwhile, valuation of cryptocurrencies has appreciated a lot in the past year. It has become pretty profitable to do cryto mining with GPUs recently. So I decide to do some mining with my spare PCs (with NVIDIA GPUs). In this post, I’m sharing how you could also set up your deep learning PCs to mine Ethereum (ETH).Disclaimer: Although I’ve researched this topic quite a bit, I don’t consider myself an expert of GPU mining at all. I try my best to provide accurate information in this post, but I cannot guarantee 100% correctness of the content. If you have a PC and a modern NVIDIA GPU similar to mine, most likely you should be able to follow my step-by-step guide and start mining in very little time. In all cases, please do your own homework too. As always, I welcome questions or feedbacks, so feel free to leave a comment below.Here’s a rough spec of one of my deep learning PCs:A decent x86_64 PC with 32GB of RAM, running Ubuntu 20.04 LTS (Linux)NVIDIA GeForce RTX 2080 Ti GPU, with the latest version of NVIDIA driver (Production Branch: 460.80)An up-to-date version CUDA Toolkit (I use CUDA-11.3. But I think any recent versions of CUDA should be fine.)So let’s answer this question before diving into the step-by-step guide. How profitable is it for me to mine with this PC 24 hours a day continuously?“Ethereum”, being the 2nd most popular cryptocurrency in the world behind “Bitcoin” today, is the best cryto for mining using GPUs. (“Bitcoin” mining absolutely requires ASICs.) At the time of this writing, 1 Ethereum is at around USD 4,000.Referring to The Best GPUs for Mining on Kryptex, NVIDIA RTX 2080 Ti could handle ~55.5 MH/s for ETH mining. That equates to ~USD 8.03 per day currently. Note that this number depends not only on the price of Ethereum but also on “difficulty” of mining Ethereum coins. So this number fluctuates quite a lot over time.Electricity cost of my home in Taiwan (during summer which is the more expensive time of the year) is around USD 0.1 per kWh. And my PC probably consumes 0.25 kW per hour while mining ETH. As
Add Comment