Best mining GPU 2023: The best graphics card for Bitcoin and Ethereum

If you are considering the superseded AMD HD range, the HD 7990 gives you the highest hashrate as this is essentially 2 x HD 7990 GPUs packaged as one. Just like picking out any other gear, finding the best mining GPU can be tough, especially since the requirements for cryptocurrency are a little different than something like gaming. TechRadar does not endorse any specific cryptocurrencies or blockchain-based services and readers should not interpret TechRadar content as investment advice. Our reporters hold only small quantities of cryptocurrency (under $100 in value), as is necessary to perform wallet and exchange reviews, and do not hold shares in any publicly listed cryptocurrency companies. Join the experts who read Tom’s Hardware for the inside track on enthusiast PC tech news — and have for over 25 years. We’ll send breaking news and in-depth reviews of CPUs, GPUs, AI, maker hardware and more straight to your inbox.

• Statistically, your chances of solving a block are equal to your percentage of the total hash rate of the network.
• Mining cryptocurrency requires different priorities in a GPU to gaming, and the most powerful cards on the market aren’t necessarily the most expensive.
• With prices as low as $7 or $8 per megahash, and with the ability to mine Ether for at least another year (see this page for DAG file explanation), they’ll offer the quickest payoff.
• We’ve used our standard GPU testbed for these tests, running a single GPU.
• You can also manually enter hash rates, so for example if you notice that after 30 minutes or more that NBminer stabilizes at 94MH/s instead of 98MH/s, you can fine tune the mining speed.

Again, non-reference cards often perform a bit better, and if you want to research VBIOS flashing and hardware modding it’s possible to hit higher hash rates. But out of the box, these are numbers that just about any card using one of these GPUs should be able to match. With the end of the year quickly approaching, here’s a look at how the current AMD Radeon vs. NVIDIA GeForce GPU cryptocurrency mining performance is playing out for Ethereum Ethminer with OpenCL. Tests were done on 14 graphics cards using the latest drivers and in addition to looking at the raw GPU mining performance are also performance-per-Watt and performance-per-dollar metrics.

NVIDIA GeForce RTX 2070

Sure you’ll use more power, but you’ll be mining Ether at rates 30% faster than the NVidia cards. At the high end of the market, AMD’s Vega GPUs have been strongly affected, shooting up significantly more than their Nvidia counterparts. If you want to buy a Vega 56 GPU, plan to spend about $1,000 for something that is supposed to be $400. Nvidia’s GTX 1080s and GTX 1080 Tis have seen their prices increase by a few hundred dollars as well, but the price difference is less substantial than most other cards. Only ultra-low-end GPUs like the RX 550 and GT 1030 have been less affected than the GTX 1080 and GTX 1080 Ti at this time. Just like last summer, cryptocurrency mining is the fundamental cause of the current shortage.

It has been reported to deliver a 49.01 MH/s hashrate on the Ethash (Claymore) algorithm, and is capable of generating monthly income almost on par with the 2080 Ti for much less. The AMD Radeon RX 580 is one of the very best GPUs for mining, and in fact is a bit of a victim of its own success, as it can sometimes be difficult to find. However, its popularity is warranted, as it offers an excellent hash rate of 29 mh/s, while also keeping the electricity consumption low as well.

Nvidia GTX 1080 Ti

The AMD Radeon RX 5700 XT is our favorite GPU for value, offering an impressive hash rate for the asking price. Then there’s the AMD Radeon RX 580, which is perfect for those on a tight budget https://www.tokenexus.com/how-to-buy-bitcoin-with-a-credit-card-the-most-popular-exchanges/ who wish to save a few Bitcoins or Ethereum to weather a financial storm. NiceHash specifically recommends running your fans at % on the 3080 and 3090, which can definitely boost performance.

We’ve got the linear chart, which includes an amazing spike at the right edge (early 2021). That spike looks very similar to the one that occurred in 2017, naturally, and we should maybe just ignore the equally dramatic crash in 2018 — or that’s what the optimistic miners seem to think. The logarithmic chart doesn’t look nearly as impressive, and it’s clear the real winners with Ethereum are the people who got in back in 2015, or even 2016.

What is the best GPU for crypto mining?

Everything there’s pretty self-explanatory except for the far right column. It’s an estimated TCO per unit memory speed per year including cost of power in Ontario. We had to exclude certain boards because they were too slow (previous-gen GeForce GTX 9-series, for example) or came up short on memory capacity (GeForce GTX GB and Radeon RX 460 2GB). As you’ll soon see, those are important considerations, as two cards armed with the same GPU aren’t necessarily equal when it comes to mining Ethereum. Right now, the best GPU for mining 2017, if you want to mine Ethereum, would be the GTX1060 with 3GB of memory. With prices as low as $7 or $8 per megahash, and with the ability to mine Ether for at least another year (see this page for DAG file explanation), they’ll offer the quickest payoff.

In practice, it was designed from the start to prevent the development of dedicated ASICs to mine it. At the time of this writing, Ethereum (ETH) ranks second only to Bitcoin (BTC) in terms of market capitalization, with a total cap of almost $83 (£64) billion. The idea behind cryptocurrencies like Bitcoin and Ethereum is that they are generated and transferred between individuals, without relying on central authorities, such as traditional banks. Generally best ethereum gpu 2017 speaking, you’ll get the best all-around results with an NVIDIA GeForce RTX 3060 Ti, although the AMD RX 5700 XT is a worthy alternative if you’re on a tighter budget. Both of these GPUs are great at solving the algorithms and earning some passive income. The Ethereum network will be moving from the current proof-of-work to proof-of-stake where the GPU miners will all become obsolete, and the date of the switch is uncertain but may be in a few months.