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The Nvidia RTX 3080 is one of the leading graphics cards in the Nvidia GeForce RTX series, which was launched in 2020. With a memory of 8 GB, it is ahead of its predecessors but lags behind the other latest graphics card of the Nvidia RTX series, the RTX 3090.
Like its counterpart, the Nvidia GeForce RTX 3080* was a major attraction for miners. Priced at 820 USD, miners invested in the GPU to mine Ethereum and Ethereum Classic, among others. While it may be behind in memory than the RTX 3090, it still has enough memory to mine grin on demanding mining algorithm.
The features, mining performance and hash rate for Nvidia GeForce RTX 3080
The Nvidia GeForce RTX 3080 is regarded as one of the most powerful GPUs to generate crypto mining income. Its median hash rate for Ethereum is 100 MH/s. Before its launch, its mining power was estimated to be 75 MH/s.
Therefore multiple factors made the RTX 3038 such a hit among the miners. In particular, its low price and high hash rate compared to other Nvidia GPUs made it an instant hit in the miner segment. The only downside is the power consumption, which was higher than the other Nvidia GPUs.
Therefore, miners may need to consider its powers consumption, memory and core clock speed to increase their potential earnings and monthly revenue.
Currently, the Nvidia GeForce RTX 3080 is priced at 3429.99 USD and has a power consumption of 250W. The RTX 3080 could be a good choice if you want to start mining.
RTX 3080 Mining profitability
The hash rate of Nvidia GeForce RTX 3080 can vary across the different coins. For instance, as mentioned above, the value for Ethereum is 100MH/s. Moreover, the mining power and energy consumption can also vary according to the device.
Moving on to the mining profitability, if we consider mining the most profitable coin on the RTX 3080, an average of one year reveals an annual profit of 2974 USD and an average daily profit of 8 USD. It must be noted that these values do not consider the electricity costs.
You can also do profitability calculation for your device by entering the hash rate of coins, power consumption and electricity costs.
Here’s a great video by Mining Overview on the 3080: