What internet speed is needed for mining and how much traffic is consumed at the same time

The cryptoindustry continues to actively develop, attracting new users. Many people want to engage in cryptocurrency mining, as they see the rise in the value of Bitcoin and popular altcoins on a daily basis.

Mining is a truly unique way of earning money, since you can get your profit without any investment at all, while spending a minimum of free time. Newbies are wondering what internet speed is needed for mining? The mining of digital currency is based on the processing of gigabytes of information, in order to give a concrete answer to this question, you need to carefully study the features of the mined coin.

Mining speed depends on the internet, but not directly. That is, if the Internet speed is 500 MB / s, then this does not mean that in a few hours you will get 10-20 Bitcoins. There is a relationship, but it manifests itself in a slightly different way.

Remember that only the generated keys to the blocks already found are sent to the server, and the processed information remains on the computer. Therefore, even a slow Internet for mining is quite suitable, the main thing is to have powerful equipment.

What internet is needed for mining?

Of course, the best option is an unlimited tariff. After all, the user will have to download the wallet, and synchronization with the Blockchain may require downloading gigabytes of information, depending on what kind of digital currency we are talking about. As a result, due to the lack of traffic, the miner will face additional difficulties.

Internet speed for mining is not critical. Tariffs of 50 MB / s and 100 MB / s do not affect the efficiency of cryptocurrency mining in any way.

How much internet does mining consume?

Each novice miner will be able to carry out special calculations to determine the amount of traffic consumed by the farm. Let’s take a GPU farm with 5 video cards as an example. Immediately, we note that ASIC mining will require more traffic, since this is more powerful equipment.

During the day, no more than 120 Mbit will be used, therefore, for the correct operation of the farm, a speed of more than 0.001 Mbit / s is needed, of course, any provider can satisfy such a need. On average, a stable mobile Internet works at a speed of 3 Mbps, which is quite enough for a farm.

However, how much traffic do you need? 

The answer to this question directly depends on the performance of the GPU. Also, the feature of its connection has a significant impact. To check your traffic on your cell phone, you need to do the following:

• We connect a new tariff plan, preferably with traffic over 200 Mbps. We use the transfer of data exclusively for the extraction of cryptocurrency, and not for any other purposes.

• We launch the software and start mining the previously selected coin.

• After 24 hours, we send a request to the mobile operator about the remainder of the traffic. 

• We get the answer, and then subtract it from the initial tariff plan (for example, 200 Mbit) from the value sent by the operator. The difference is the amount of traffic consumed by the farm in 24 hours.

• By a similar principle, the consumed traffic by computing equipment is calculated for 1 hour. However, such calculations are absolutely definitely less informative. It is more expedient to use the indicator per day, and then divide it by the number of hours that the farm has worked.

Please be aware that results may vary. The model of the card used is of enormous importance. As practice shows, the more powerful the equipment, the more electricity and traffic it consumes. This feature should be taken into account.