The best mining cards will be the price-performance winners. It’s all about ROI or ROI. Some coins prefer AMD cards, while others prefer Nvidia GPU cards. But for the best profit, a GPU that is flexible enough to switch algorithms will be your best bet.
The best tip for choosing a GPU for mining is to go to a reputable mining rig like Nicehash and see what the miners are using. Then choose wisely based on efficiency, not on power or clock speed. It is highly recommended to use GPUs with multiple BIOS options, as reducing the impact of the GPU can drastically change the efficiency of the card, resulting in lower heat production as well.
Mining is now critical. You should be getting very high GPU power. It is better to mine those coins that have a bright future instead of using Bitcoin and Ethereum.
For this, do your research. Think about what technology could change the future and what technology coins offer, what sector they target, and what change they will make. Don’t go blindly on any coin. Do your research first.
1.NVIDIA GeForce RTX 3060 Ti
TX 3060, it’s up to you, there’s a 25% increase in price for less than 10% performance, but you might really want to perform. But yes the 3060Ti is cool, it’s better than the RTX 2080 Super at a much cheaper price. As we all know due to the current shortage of silicon, the prices of graphic cards are greatly inflated
NVIDIA GeForce RTX 3060 Ti alone? According to NiceHash, which uses actual mining data from connected mining rigs, you can expect to see around $14 per day. This is considering the cost of $0.10 per kilowatt-hour of electricity and may not be accurate with the latest cryptocurrency rates.
With your motherboard, processor, RAM, and storage running as well, you’d expect around $13 a day as a better estimate. That’s $91 per week and $364 per month in earnings. If that wasn’t enough, you’d be looking at around $4,368 per year with those numbers. It is clear to see why many are looking to use their GPUs to mine cryptocurrency mass
2.AMD Radeon RX 5700 XT
The Radeon RX 5700 is part of the RX 5000 series with the RX 5700 XT and RX 5700 XT 50th Anniversary Edition. It was announced in July 2019 and features 8GB of GDDR6 memory and a 7nm process. Launch price $349. The RX 5700 is usually used by miners to mine Ethereum and Ethereum Classic. Grin is also often featured among the most profitable coins
Radeon RX 5700 XT is Currently in stock settings. The hash rate it can generate is somewhere near 50-52Mhs. As per the image below, I don’t use any settings and run them on Stock. While for most card stock settings, it’s fine. You can use MSI Afterburner or AMD to do more tuning
This card is in January 2020 at an approximate price. 35,000 INR. However, this card may not be readily available in the market. If you get one, feel free for a second. Given the price and how much ETH (Ethereum) the card can generate as well as the cost of electricity, I can break even in less than 6 months
3. NVIDIA GeForce RTX 3090
The RTX 3090 has an amazing hash rate of 121 MH/s. But it’s twice as priced as the RTX 3080 which manages 98Mph/sec. There is no economy of scale here.
The mining calculator is set at 10 cents per kilowatt-hour of electricity costs, but even if it’s twice that, that doesn’t change the numbers much (you’d have $1.40 instead of $0.70, but that’s still nothing compared to how much you earn).
The CPU itself is irrelevant, the only thing it does is sit there and consume electricity (although it will be almost idle, so it shouldn’t consume much). Perhaps you can use it to mine Monero in conjunction with mining ETH
NVIDIA GeForce RTX 3090: Best GPU for Mining Performance The RTX 3090 is the most powerful NVIDIA RTX 30 series GPU to date. It has everything you need to create a powerful mining platform. I’m talking about a hash rate of 121MHz/s, 24GB of GDDR6X VRAM, and over 10,000 gaming CUDA cores.
4. NVIDIA GeForce RTX 2070
The RTX 2070S should be able to do about 37 MH/s on Ethash (not 27, like another suggested answer; even a non-Super 2060 can do more than 27). With the current network difficulty, this works out to about 0.0022 ETH per day (around $4 at current ETH prices).
NVIDIA RTX 2070 was released on October 17, 2018. The average power consumption is 140.0 Watts. The current market price is $720.00. Max GPU temperature 89°C
The RTX 2070 has long been the black horse of GPU mining, which is in stagnation. Expectations were partially justified since the video card already shows indicators at the level of 1080 Ti or even better if we take into account individual algorithms and the lack of full optimization
5. AMD Radeon RX 580
The Radeon RX 580 was announced in April 2017 along with the RX 570. There are two versions of the RX 580: 4GB and 8GB. However, both graphics cards offer the same hash rates in most algorithms. In general, the hardware is mostly used to mine Ethereum and Ethereum Classic
AMD RX 580 8GB was released on April 18, 2017. The average power consumption is 140.0 watts. The current market price is 27,000 rupees. Max GPU temperature is 90°C
The Radeon RX 580 video card was introduced in April 2017 alongside the RX 570. Like the smaller model, the RX 580 comes in different memory sizes: 4 GB and 8 GB. Despite this, the hash rates of video cards are the same in many algorithms. In general, the device is also used most often for mining Ethereum and Ethereum Classic.
the cheapest price to buy in bulk for your mining operations while still being able to mine more bitcoins than you will lose in electricity costs.
This will depend on your area, if you want to succeed in this particular industry you will probably have to move to a place where electricity is cheaper.
I don’t know why, but it’s most likely due to the increased demand for mining rigs, graphics cards are almost 3 times more expensive than usual and we have no idea when they will drop. A regular GTX 1660Ti cost around 18,000 rupees two years ago and today it costs around 50,000 rupees.
The RTX 3070 was launched at Rs 45 thousand in India and now its price exceeds Rs 1. Now back to your question, if you want to build a GPU miner and want to make some good profits, go with the RTX 3070. It is a high performance graphics card that is still available at an affordable price.
If you want to calculate how much profit you will get in a month, search for profitability calculator on google