As we are delving into the era of digital currencies, there are lots of crypto enthusiasts who are deeply interested in investing in one of the best mining GPUs on the market today. The greatest cryptocurrencies were created as a reason to enable payment and transfer without involving any third party. For instance, in the case of Ethereum, they use hard techniques like memory hashing, hence having a good GPU with an ample graphics memory is possible. When you are intending on shopping for a good GPU, you should check on specific criteria like memory, power ad cost. Initially, you should try and minimize as much cost as possible and then gradually you can concentrate on maximizing the profits.
The top 5 best GPUs for mining are:
AMD Radeon became quite popular in 2017 when it released AMD Vega 64, which became a cryptocurrency mining champion in no time as it triples the Vega 64s hash rate to 90 MH/s. This is powerful than the Nvidia Titan V, making this Radeon as the new king of crypto mining. This is one of the best GPU for mining Monero.
Memory: 16GB HBM2
Price: 700 USD
Power draw: 300W
Pros: Plenty of VRAM
Cons: Hungry for power
You can buy it here
This model of Nvidia is not only great at graphics for gaming but also a renowned mining GPU. The best part is that without the need for much power, it manages a hash rate of approximately 30 MH/s. As we know, the more power a GPU requires, the more expensive it is so the probability of more profit is also lesser. Nvidia GeForce GTX 1070 is a bit costly, but if you are looking for a good GPU for the long run, then this one is the most recommended one. This is one of the best GPU for mining Bitcoin.
Memory: 8GB GDDR5
Price: 800 USD approx.
Power draw: 150W
Pros: A very good balance of hash rate and power
Cons: A bit on the expensive side
You can buy it here
AMD Radeon RX580 is so good at its graphics for mining, that it is sometimes very difficult to find. It is well deserved as it provides a hash rate of 20 MH/s and at the same time it keeps the power consumption low. It is comparatively cheaper than the previous model and the card’s mining performance is noteworthy. This is one of the best GPU for mining, value for money in 2020.
Memory: 8GB GDDR5
Price: 386 USD approx
Power draw: 185W
Pros: Good cooling, that too, at a great price
Cons: Sometimes availability is rare, as it's sold out because of its popularity.
You can buy it here
This is one of the latest addition to the top GPU list, and snatching the position of AMD Radeon RX 480, which is almost unavailable nowadays due to low inventory. Although GTX 1060 doesn’t have the most powerful GPU, it delivers incredibly good mining results without being expensive. Its a good gaming graphics card for gaming and you can use it for other purposes, too.
Memory: 6GB GDDR5
Price: 280 USD approx
Power draw: 120W
Pros: Affordable
Cons: Low availability
You can buy it here
It's being said that nothing can replace Nvidia GTX 1080 Ti unless Volta or Turing comes along, hence it remains one of the most powerful graphics card available in 2020. But there are few limitations, which prevents it from taking the top spot. As its extremely expensive and draws a lot of power, the return on investment is lesser. If you don’t mind spending on the GPU, then it turns out to be the most powerful GPU with a hash rate of 32 MH/s after a slight tweaking.
Memory: 11GB GDDR5X
Price: 1367 USD approx
Power draw: 250W
Pros: Excellent hash rate, extremely powerful
Cons: Way too expensive.
You can buy it here
There are many GPUs which mine Bitcoin but based on which criteria you are looking at, you can choose the GPU. Some of the criteria include power, hash rate, cost, etc.
As GPUs are way faster and effective than the traditional CPUs, it is considered better for mining.
Mining is the process of creation of digital currencies in your system and when you use a Graphic card to create one such digital currency, using powerful processors, that is called GPU mining.
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