The Best Option for Mining Cryptocurrency
WePC is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more. Last updated on December 9, by Shaun Conroy. Hi-Ho, Hi-Ho it's off to mining cryptocurrency we go. Just like Snow White and the Seven Dwarfs, mining cryptocurrency is not as popular as it once was, but for some, it can still earn a profit.
A lot of the major cryptos are still going strong, with others just starting to hit their stride. Whether you have been mining for years or a complete newbie, you are going to want the best graphics card for mining.
In this article, we are going to be looking at the five best GPUs for mining, a brief introduction as to what cryptocurrency mining is all about, and what the best GPU would be for your needs. You have probably heard of cryptocurrencies such as Bitcoin and Ethereum, right?
Well, the idea behind them is that you would generate and transfer these currencies without the need of any bank. What you use to mine with can vary quite a bit.
In the past, before the boom, it was quite common to see CPUs being used. Over time, with GPUs being better equipped to guess more correct strings per second, they soon took over. To mine in a secure manner, a computer will try to guess a string. The number of guesses your machine makes is known as a hash rate, so we want a GPU that has a higher hash rate when it comes to mining.
When on the lookout for a new mining graphics card, there are a few things you need to consider first. You want to take note of how much memory the GPU has, its power draw, and how much it is going to cost. Getting a large yield from your mining will take some time or obviously a large initial investment, so it is important to consider external costs like electricity. Making these considerations will allow you to minimize your costs and maximize your profits which are going to be crucial for making back your investment.
Remember to calculate power consumption if you are going for a multi-GPU setup as you may need a very powerful PSU to power your mining system. Now we have seen the general overview of the graphics card selections we can finally get down to finding the best one for mining! Check Price on Amazon. At the top of our list is the shiny new Super which is not only a brilliant gaming GPU but a great one for mining cryptocurrency too! It will eat more electricity than a couple of cards on this list but also much less than the TI and TI.
This GPU is quite reasonably priced, and it can perform close enough to the Ti to make this the stand out winner. If you can grab a deal on one of these cards you won't be disappointed. The TI is powerful, indeed and a more affordable mining option. Altering the core and memory settings probably won't increase your hash rate with this GPU, but you can reduce the power draw from W to 90 W if you adjust the TDP. The GPUs performance and temps remain stable under mining conditions, and as further development takes place, this can only get stronger.
If you push this GPU too far, it will have a negative effect on your hash rate, but overall this is a great option. If not though, the RTX is one efficient bit of kit. This model supports Turing architecture, and although its features are modest when compared to a TI, it is a lot cheaper and still performs well for its price.
With power consumption at around W, it sits in the middle ground of this list. You can certainly mine for a profit with this card and at a relatively low price.
If you already own a TI and are considering upgrading the mining rig, then it may be best to wait for a drop in prices first. This powerful beast has the advantages of Turing architecture as well as ray-tracing technology. The TI consumes the most power on the list and costs a lot of money, but it mines like a monster.
That being said, this old dog has some new tricks up its sleeves and would be a great addition to your mining rig for the right price. The GTX TI is ideal for mining cryptocurrency and ain't half bad in the gaming department either. This GPU will cater for most miner's needs, and if it wasn't so expensive, it might have featured higher on this list. Despite its age, the TI remains as one of the most powerful GPUs out there, and it will power through the mining, just make sure you have the funds.
When it comes to mining cryptocurrencies, you may find that certain graphics cards favor some algorithms over others. So what card you choose could be largely down to what you want to mine. Typically, Nvidia cards are quite balanced when it comes to hash rate and power draw.
AMD cards tend to require more research and work to get the best results. This means you will need to be experienced or willing to learn to overclock and how to use your BIOS. Nvidia's hardware normally costs more than AMD's, which opens the door to personal preference. If you can find a good deal on an Nvidia card, then snap it up as they tend to have a smaller learning curve when it comes to overclocking.
With a huge variety of choices of GPU to the various amounts of cryptocurrencies up for mining, it is no wonder miners sometimes scratch their heads. Finding the best graphics card for mining doesn't always have to be a headache, with new products driving down the prices of some of our favorite mining GPUs. Of course, the choice is down to preference but just make sure you have considered the costs and you maximize your profits.
Calculate what you stand to gain and how long it may take to get a return on your initial investment. Save my name, email, and website in this browser for the next time I comment.
Let's get stuck in and find the best GPU for you miners out there. What is Cryptocurrency Mining? Best Graphics Card For Mining. Final Words. Share Tweet. Leave a Reply Cancel reply Save my name, email, and website in this browser for the next time I comment. Shop Now! Check Current Price.
The best mining GPU's currently in stock:
Hobby Bitcoin mining can still be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware. Bitcoin mining is competitive. If you want bitcoins then you are better off buying bitcoins. However, Bitcoin miners discovered they could get more hashing power from graphic cards. Nowadays all serious Bitcoin mining is performed on dedicated Bitcoin mining hardware ASICs, usually in thermally-regulated data-centers with low-cost electricity. There are also Bitcoin hardware wallets like the Ledger Nano X , which secure bitcoins. You can use our calculator below to check the mining hardware above. Input your expected electricity price and the hash rate of the miner for an estimate.
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