NVIDIA is not suitable for mining

Good news for gamers The Chinese spoke about the performance of Ethereum mining using the future RTX 3050 video card. This model will be one of the cheapest in the current NVIDIA lineup.

It looks like the video card comes with the Lite Hash Rate algorithm because the hash rate on it drops from 20 to 12.5 MH/s in a matter of seconds. The RTX 3050 is also reported to offer 13.66 MH/s at 57W. In general, this suggests further optimization.

It has been calculated that the RTX 3050 mining payback is 500 days, and this is assuming the card costs $250. In any other case, for example, if the card retails for $350, the payback is 700 days.

Due to the fall in the value of the cryptocurrency and the alleged transition of Ethereum to the Proof of stake model, it makes no sense to invest in the RTX 3050 for mining.