28 Jan 2022 · 6 min read

Mining TON is Twice as Profitable as ETH

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

What you will discuss: 

  • What is TON coin?
  • What video cards can be used to mine TON coin?
  • Mining TON is profitable 
  • How much can you earn on mining ETH?

    Here you will find the installation guide

What is TON coin? 

This is The Open Network (TON) project, which was developed by Pavel Durov. But because of the American regulator, which did not allow The Open Network (TON) to be released to the masses, Pavel Durov gave the project to Open Source. And the project began to develop. 

The hashrate of the TONCOIN network is growing daily, but mining TON is still a great alternative to mining ETH and other coins. Coins like this will help miners move the difficulty bomb and move to POS. 

The best cryptocurrency news sources from around the world can help you find out the information - https://coin-tradeandmine.com 

What video cards can be used to mine TON coin? 

TONCOIN can be mined on almost any video card starting from 2GB of video memory. This is the main benefit of TON for miners.  

Here you will find the installation guide - https://coin-tradeandmine.com/mining-ton-with-tongetminer-guide/  

Nvidia 

GPU Hashrate Old Miners 
GTX 1650 SUPER 4Gb 1 150 450 
GTX 1070 8Gb 1 150 520 
GTX 1650 Ti 4Gb 1 150 450 
GTX 1660 6Gb 1 350 590 
GTX 1070 Ti 8Gb 1 400 710 
P 104 8Gb 1 400 630 
TESLA T4 1 400 600 
GTX 1660 SUPER 6Gb 1 450 650 
GTX 1660 Ti 6Gb 1 500 710 
GTX 1080 8Gb 1 750 860 
RTX 2060 1 750 820 
RTX 3060 1 750 840 
RTX 2060 SUPER 1 900 870 
TESLA P100 1 950 850 
RTX 2070 2 100 1 000 
RTX A4000 2 130 1 300 
P 102 10G 2 180 1 000 
RTX 3060 Ti 2 210 1 200 
GTX 1080 Ti 11Gb 2 450 1 100 
RTX 2070 SUPER 2 450 1 100 
RTX 2080 2 490 1 200 
Quadro RTX 5000 2 590 1 600 
RTX 3070 2 760 1 515 
RTX 2080 SUPER 2 800 1 300 
RTX 3070 Ti 2 960 1 600 
TESLA A10 3 200 1 400 
CMP 90HX 10G 3 250 1 600 
RTX A5000 3 450 1 600 
RTX 2080 Ti 3 560 1 700 
TESLA V100 3 600 1 600 
RTX 3080 3 950 2 200 
RTX 3080 Ti 4 500 2 450 
RTX A6000 4 750 2 350 
RTX 3090 4 860 2 600 

AMD Radeon 

GPU Hashrate Old Miners 
Radeon™ RX 6900 XT 16Gb 5 100 
Radeon™ RX 6800 XT 16Gb 4 900 1 910 
Radeon™ RX 6800 16Gb 3 200 1 550 
Radeon™ RX 6700 XT 12Gb 2 350 1 000 
Radeon™ VII 2 150 920 
Radeon™ RX 6600 XT 8Gb 1 750 890 
Radeon™ RX 5700 XT 8Gb 1 750 680 
Radeon™ RX Vega 56 1 750 770 
Radeon™ RX 5600 6Gb 1 680 800 
Radeon™ RX 5600 XT 6Gb 1 550 800 
Radeon™ RX Vega 64 1 450 740 
Radeon™ RX 5700 8Gb 1 400 680 
Radeon™ RX 590 8GB 1 350 510 
Radeon™ RX 480 8Gb 1 150 
Radeon™ RX 480 4Gb 1 090 
Radeon™ RX 580 8GB 1 090 420 
Radeon™ RX 470 4Gb 1 050 
Radeon™ RX 570 8GB 1 000 360 
Radeon™ RX 470 8Gb 1 000 355 
Radeon™ RX 580 4Gb 980 420 
Radeon™ RX 570 4GB 960 350 
Radeon™ R9 280X 3GB 850 280 
Radeon™ RX 560 4GB 650 
Radeon™ RX 460 2Gb 620 
Radeon™ RX 560 2GB 550 160 
Radeon™ RX 550 4GB 500 
Radeon™ RX 550 2GB 500 83 
Radeon™ R9 270 2GB 370 192 

Mining TON is profitable  

In 2018, the founder of Telegram, Pavel Durov, announced the launch of the TON blockchain platform with its own Gram tokens. After some time, he held an ICO, during which investments of USD 1.7 billion were collected for the project.However, TON did not receive further development, since the US Securities Commission blocked the distribution of Gram cryptoassets. The design work was transferred to other companies. 

On the basis of Durov's developments, Toncoin soon appeared - an open source asset. Now the media are reporting that Toncoin's popularity has skyrocketed over the past few months. Last week, tutorial videos appeared on several large themed YouTube channels that explore the specifics of Toncoin mining. In particular, the PRO100 Mining channel reports that when using an NVIDIA RTX 3000 LHR video card, you can mine USD 8 worth of tokens daily, which is twice as much as the profitability from Ethereum mining. 

Miners say that Toncoin can be mined on old models of video adapters, that is, a beginner does not need to purchase a new computer. However, it should be noted that Toncoin's hashing algorithm is not protected from ASIC devices, and they are capable of making mining an asset using graphics adapters unprofitable. 

Another advantage of thincoin turned out to be that for its production, you can use outdated video cards that are not suitable for mining Ethereum. 

For the experiment, the experts used NVIDIA RTX 3000 LHR and A 3080 Ti graphics adapters. In the first case, the daily mining earnings amounted to USD 8 in Toncoin and USD 3 in Ethereum, in the second - USD 16 in TONCOIN and USD 5.7 in ETH. 

Not all users positively assessed the prospects for the production of a new token. Some of them criticized the network's fee system for being opaque, as well as the lack of protection of the hashing algorithm. Crypto experts also noted that the surge in popularity of thincoin will result in an increase in hash rate, and this will lower the income of producers. 

TONCOIN is listed on the Gate.io, Uniswap, PancakeSwap, FTX, EXMO and OKEx crypto exchanges. At 13:05 (Moscow time) on December 13, the token cost USD 2.5. This is 4.36% lower than the day before. Trading volume in 24 hours increased by 25% to USD 2.47 million.The market capitalization of a digital asset is USD 12.46 billion. 

Earlier, the developers of the Toncoin crypto project announced the start of testing the TON browser extension for Google Chrome. In addition, OKEx launched the TONCOIN staking project through the Jumpstart Mining service. Traders with level 2 verification and holding OKB tokens can take part in it. 

How much can you earn on mining ETH? 

For example, let's give approximate statistics on modern video cards. With a rate of USD 1150 per ETH and an electricity cost of USD 0.08, one NVIDIA GeForce GTX 1050Ti will bring you USD 1.81 per day, a GTX 1060 with 6 GB of memory - USD 2.74 , GTX 1070 - USD 3.96 , GTX 1080 Ti - USD 4.57 . 

AMD Radeon RX480 will bring you USD 3.55  per day, and RX580 - USD 3.77 . Modifications with 8 GB of memory. The most advantageous in terms of price / profitability ratio among miners at the time of publication of the material is considered to be NVIDIA GeForce GTX 1060 with 3 GB of memory. Iit is possible that this year the minimum threshold of video memory for entering mining will grow from 2 to 4 GB, and the situation will change dramatically. 

It turns out that even with a completely ordinary GTX 1050Ti in a month (taking into account the payment of electricity and subject to the stability of the ETH exchange rate), you can earn almost USD 80. So you will be provided with fresh games and a budget for all sorts of Season Passes and in-game purchases all the time. 

For all the details about the mining tone and profitability you can go here - https://coin-tradeandmine.com/ 

Mining setup guide - https://coin-tradeandmine.com/mining-ton-with-tongetminer-guide/