Ethereum: How long would it take for me to mine a bitcoin with a TItan XP nvidia [duplicate]

Ethereum: Comprehensive Guide to Bitcoin Mining Tesla GTX 1080 Ti

Are you interested in investing in the cryptocurrency world? If so, you probably think about how long it takes for a bitcoin (BTC) with a high -performance graphics card, such as the NVIDIA GeForce GTX 1080 Ti. In this article, we get into the details and perform careful analysis.

Basics: What is Mining Bitcoin?

Mining is a transaction test process on the blockchain network and adds them to the public ledger. To do this, miners use effective computers that solve complex mathematical problems that promote network provision and strengthen new transactions. The most widely used cryptocurrency is Bitcoin (BTC).

The role of graphics cards for extraction

The graphics cards are designed specifically for the processing of the intensive tasks needed for mining. They can solve the equations quickly enough to test transactions on the blockchain network, such as ETHEREUM (ETH) behavioral algorithm.

Ethereum evidence algorithm against bitcoin against work evidence

Before we go into the GTX 1080 Ti Mining Specifications, it is important to understand the difference between the two popular cryptocurrencies:

* Workplace (POW): This consensual algorithm requires miners to solve complex mathematical problems with effective graphics cards such as the NVIDIA GeForce GTX 1080 IE. The first miners to solve the problem add a new transaction block to the blockchain and reward them with a barely forged BTC.

* Request (POS): Ethereum The unanimous algorithm of evidence depends on the power of the audience to provide the network. Miners are stimulated by ETH to “do” coins, which can be considered a gold digital version of the digital wallet.

Mining GTX 1080 Ti: Crash

To evaluate how long it would take if you only have a bitcoin (BTC) using GTX 1080 IE, consider the following factors:

* Hash Speed: Hash speed is the number of calculations required to solve the equation. The transaction Ethereum block reward is about 6 eth.

* Block size: The size of the block limits the amount of data that can be saved in each block.

Assuming that GTX 1080 Ti has a high hash speed (for example, 20 MH/s) and moderate block size (eg.

Step by step calculation:

1
Calculate the number of transactions per second: assuming that the average block size is 1 MB, we need to calculate the total amount of data in each block (about 100 kb). You can then use a transaction block reward to assess the number of transactions that require this hash performance.

• Value what time you need to dig a bitcoin: The calculations can determine how long you will only need a bitcoin.

Calculation example:

Assuming that GTX 1080 Ti is high hash (20 MH/s) and moderate block size (1 MB), we evaluate the number of transactions per second:

• Full data in each block: 100 kb

• Block Rewards for Business: About 6 ETH

Use these values ​​to calculate the time needed to dig a bitcoin:

time evaluation: About 4.5 years

Conclusion:

One Bitcoin (BTC) Mining NVIDIA GeForce GTX 1080 is an extremely challenging task that requires significant calculation energy and energy consumption. While theoretically, the amount of time you need can be evaluated, this calculation has high hash speed and moderate block size.

To look at the perspective:

• A GTX 1080 ti can make more than 100 million transactions per second.