Even the most powerful graphics card can't keep up with the demands of cryptocurrency mining. Mining these resources will put a lot of strain on your computer's graphics card for a long period of time. We've compiled a list of some of the top mining GPUs to assist you in making an informed decision about which one is ideal for your specific needs. While the NVIDIA GeForce RTX 3090 is a superb graphics card, it's not the only option if you're looking to save money and energy.
What is the best GPU for mining cryptocurrency?
Is it as simple as buying the most costly graphics card you can find and calling it a day to choose the finest graphics card for crypto mining? When searching for a new graphics card, there are a number of things to keep in mind. The efficiency of a GPU is critical when it comes to crypto mining since you want to get the highest hash rate possible while using the least amount of power.
Take, for example, our top pick. It's the NVIDIA GeForce RTX 3060 Ti, a GPU that's great for both gaming performance and crypto mining. Although it won't win any awards for the highest hash rate, you can get up and running with it for a fraction of the price. To save some money without compromising too much performance, the GeForce RTX 2070 from NVIDIA is your best bet.
NVIDIA's GPUs aren't the only ones worth considering; there are countless more. In terms of performance per dollar spent, the AMD Radeon RX 5700 XT is the clear winner. Also, AMD's Radeon RX 580 is an excellent option for individuals on a budget who want to stash away some Bitcoins or Ethereum in case of emergency.
To make money mining cryptocurrencies, you don't need to spend a lot of money. For as long as your hash rate generates enough coin to cover your electricity expenditures, you're already in the black. It doesn't even take into account the resale value of the card to make a profit once the loan is paid off.
Best overall for crypto miners: NVIDIA GeForce RTX 3060 Ti
Bottom line: Only a select few GPUs can be called the finest overall pick, but the NVIDIA GeForce RTX 3060 Ti is one of those rare exceptions. After optimizing everything, it has a hashrate of roughly 60MH/s, and the modest 200W TDP makes it easy to manage heat output and enjoy a high degree of efficiency.
The GeForce RTX 3060 Ti from NVIDIA is a beast of a GPU. As a general rule, we'd classify a $399 GPU as being reserved for budget PC builders or individuals who want to play games on a 1080p display. NVIDIA's new Ampere architecture is at the heart of the 3060 Ti, which changes everything. When it comes to both gaming and mining, this card is unstoppable.
Despite being a cheap, it outperforms the RTX 2080 SUPER in terms of raw performance for 1080p and 1440p gaming at a lower price point. Incredibly, this will be a huge hit with gamers who aren't really interested in 4K gaming. As for mining, the 2080 SUPER is beaten in both performance and efficiency by the newer 2080.
If you're looking for a steady monthly income with low energy expenditures, this is the best option. Keep an eye out for the Founder's Edition cards, which have a 12-pin PCIe connection that can be a pain.
There are a few things to consider when selecting a GPU for crypto mining. You may be able to earn more money in the long run if you pay a greater price up front. Or do you fear that the mining scene will go away with reduced returns, and you'd rather spend a little amount of money on a GPU to make a little more money on the side?
Because the bitcoin market is a financial one, it is very vulnerable to media attention and human emotion. The environmental assessments on Bitcoin that coincided with China's crackdown on the virtual currency sent the price of Bitcoin tumbling down. The cost of a GPU to mine cryptocurrency should be recouped at the very least if you're going to spend $2,000 on it.
Since this is the case, we aren't just recommending the most powerful (and costliest) GPUs currently on the market. It makes no sense in the current context, and it's also awful advise for individuals who are just getting started in the digital currency mining sector. In contrast to gaming, when the greatest GPU you can afford is required, picking a mining GPU is more difficult.
Best runner-up GPU: AMD Radeon RX 5700 XT
Bottom line: Cryptocurrency mining's choice is more than NVIDIA GPUs. The RX 5700 XT from AMD is an amazing example of AMD. With the same 8GB of GDDR6 VRAM as our top pick, the RTX 3060 Ti, this card is still capable of a hashrate of 54 MH/s.
The RDNA GPUs, such as the RX 5700 XT, represent a significant improvement over AMD's previous generation of graphics cards. In comparison, even AMD's own older Radeon cards look dated and power-hungry thanks to its 7nm manufacturing process. Again, this isn't AMD's newest and greatest, but it's a wonderful deal for crypto mining anyway.
Just like the RTX 3060 Ti, it's good enough for 1440p gaming and is excellent at mining. It is in mining that AMD's GPU shines, though, as it lacks some of NVIDIA's more gamer-focused features, such as DLSS 2.0 and as much ray tracing. The 3060 Ti has a higher average hashrate, but these cards can be bought for far less money and have a similar average hashrate.
The RX 5700 XT is a good option if you're looking to get into mining.
Best GPU for mining performance: NVIDIA GeForce RTX 3090
Bottom line: The big one has arrived. To now,NVIDIA's RTX 30 series has been represented by the RTX 3090, the most powerful GPU in the lineup. Everything you need to build a powerful mining setup is included in this package. I'm referring about a hashrate of 121 MH/s, 24 GB of GDDR6X VRAM, and more than 10,000 CUDA cores for gaming purposes. What a monstrosity.
The big one has arrived. To now, NVIDIA's RTX 30 series has been represented by the RTX 3090, the most powerful GPU in the lineup. Everything you need to build a powerful mining setup is included in this package. I'm referring about a hashrate of 121 MH/s, 24 GB of GDDR6X VRAM, and more than 10,000 CUDA cores for gaming purposes. What a monstrosity.
NVIDIA's RTX 3090 is the obvious option for "greatest performance," but it genuinely is. In terms of gaming, it's a powerhouse, pushing the boundaries in 4K (and some even talk about 8K, if you can believe it). AMD's Radeon RX 6000 cards have undeniably reduced NVIDIA's claim to the GPU throne, but NVIDIA still has the best option.
DLSS 2.0 and 2.1 are two of the most astounding characteristics of this GPU when it comes to gaming. In order to conduct AI rendering in real time, it utilizes specialized Tensor cores, which boosts frame rates while simultaneously increasing the quality of the output. If you're concerned about your game's performance, then using DLSS is an excellent choice.
The RTX 3090 sports a massive 24GB of GDDR6X VRAM and 10,496 CUDA cores for mining. Even without electricity, your monthly expenses may easily reach the triple figures (depending on your area). On some cards, the RTX 3090 and RTX 3080 can run at high GDDR6X temperatures, whereas on others, they can run at significantly lower temperatures.
Our goal isn't to encourage people to start mining, and we're certainly not recommending that you take out a large loan or mortgage your home to try and become the next mining superstar. We're mostly looking at the current market data. Predicting the future direction of cryptocurrencies is more difficult than predicting the weather, politics, or the next big craze. If you didn't get your hands on the necessary hardware eight months ago, you're already behind the eight-ball. Equipment suppliers are more likely to make money than miners themselves, just like in the earlier days of the gold rush.
Even more than before, we urge individuals to avoid attempting to make money from cryptocurrency mining. Even with GPU prices falling, it will take more than a year of nonstop mining to break even, even with the current best-case scenario. In addition to environmental costs, Ethereum is expected to migrate to proof of stake sometime before July (maybe). In spite of this, many people are willing to put their money at risk now in the hopes of making a large profit in the future on the cryptocurrency market.