In terms of ROI, 4Gb GTX 1050 Ti video card is considered to be a good option for mining cryptocurrencies. Compared to the other video cards, in particular to 1060, its price and hash rate are much more acceptable.
Table of contents
- Mining Revenue with GTX 1050 Ti
- Pros and cons of GTX 1050 Ti for mining cryptocurrencies
Mining Revenue with GTX 1050 Ti
As of August 2, 2017, these 14 mh/s cards provide $0.70-$0.80 per day on average. This means the mining income is equal to RUB 40-48 per day. This can hardly be qualified as significant revenue. Revenues provided by various cards can fluctuate in a matter of days or hours comprising one figure today and a totally different one tomorrow.
Just until recently, these cards enabled miners to earn RUB 100-110 per day. However, back then the market cap of Ethereum was higher and computational tasks were less complex.
Comparison based on Ethereum
Overclock figures provided by MSI Afterburner
- 6Gb GTX 1060 provides 22.5-23.5 as per Ethereum. Its current price is RUB 24,000.
- 1050 Ti provides 14.2-14.5 with no additional power. Some can be boosted to 15 megahash with additional power applied. Current price is approximately 12,000.
The screenshot of the farm. 1060 and 1050 Ti video cards. You can observe the difference in power capacity. It is worth exploring the temperature and the percentage of power for the fan performance.
Example with Zcash
It provides 170-180 sol/s. The 1060 card provides 300-315 sol/s. This means that the overall capacity is 340-360 sol/s.
Pros and cons of GTX 1050 Ti for mining cryptocurrencies
Mining farms that run on a video card like this, require more components such as motherboards, power supplies, hard drives, etc. This is not to mention the fact that you would need loads of mining rigs.
On the other hand, these cards are more affordable and one can grow total capacity without having to invest more. The most important thing is for the market cap of cryptocurrencies not to crash so miners keep getting some revenue. For example, when I was just starting to mine in June, this card provided me with RUB 3,500 while now it brings me no more than RUB 1,500-1,800. One cannot predict how much one will earn tomorrow but we’re hopeful that no significant crashes or fluctuations will take place.
In my opinion, another advantage of these cards is their temperature during performance. They are colder than the other cards. For Ethereum mining, the temperature is typically 55°-65°. I have never observed it climb over 69°, even when the temperature outside was 35°.