With the price of Bitcoin hitting a new all-time high and altcoins following suit, there has been renewed interest in cryptocurrency, specifically, mining cryptocurrencies. This has also been helped by Nvidia’s new power RTX 30xx series cards (not that anyone can find a 3080 anywhere).
There are numerous ways in which you can mine cryptocurrency. You have the various command line mining software that requires configuration and, sometimes, even compiling. You also have Cudo Miner, which will switch between coins to mine based on the most profitable, which is a little less configuration.
One of the most profitable and easiest ways to mine cryptocurrency and earn Bitcoin is Nicehash (not an affiliate or referral link).
On my RTX 3070, I can mine around $12 at the current Bitcoin price per 24 hours. The approximate mining figure for me is $308 Australian per month, which is a decent profit. If Bitcoin keeps climbing, a month profit could be as much as 10-20% more.
Having tried quite a few auto mining platforms, command line miners and other means of generating crypto, Nicehash is the most profitable I have encountered. Furthermore, it’s the only crypto mining service that doesn’t thrash my card. Cudo really smashed my graphics card, there was an almost 10 degree temperature difference between Cudo and NiceHash.
In summary, Nicehash is the nicest. They offer auto mining software that interacts with their website, you can see your earnings happening in almost real-time and it’s easy. You don’t even have to install anything.