Mining is the process of securing the crypto network by creation, verification, and propagation of blocks in the blockchain. It can be understood best with the gold analogy. The miners lookout for efficient Ethereum hardware mining to cut down on electricity bills and other expenses. But before choosing the hardware, you must ensure you have Ethereum mining software, an ETH mining pool, and a hardware wallet for storing Ether. In order to mine Ethereum, Graphics Processing Unit (GPU) is required and is preferred over CPUs as it gives moe hashing power. When you choose GPU, you must decide the level of power you want your rig to have, and how much you can spend on the electricity and GPU.
It is slightly expensive as its an effective combination of the two most powerful GPUs. It has a hash rate of 46 MH/s and a power consumption of 500W. On a daily basis, it has a power cost of 1.44 USD and returns per day of 2.23 USD. This is considered to be one of the top graphics cards for any Ethereum mining hardware. It has an extremely advanced multicore processor, and as it has a liquid-filled cooling system, each GPU has its own cooling block.
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This has a hashrate of 36 MH/s, which is the second-largest amongst the best cards for ETH mining, with a power consumption of 375W with a return of over 470 USD annually, and a profit ratio of 56% (Ethereum mining calculator). This is one of the most cost-effective alternatives for ETH miners. The payback period exceeds slightly over a year.
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This is one of the most economical and cost-effective hardware for Ethereum, which has a hashrate of 25 MH/s. The per-day power cost is significantly lesser than the others discussed before at $0.4320. As it is not that costly, it is one of the highly favored in the crypto market. However, this model has a 4GB version that runs at 7 GHz and a little more expensive model that runs at 8GHz.
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This has a moderate hash rate of 24 MH/s, but the same power cost as Radeon RX 480, i.e., $0.4320. Its cost per day is $9.13, with a return of $1.15. For mining ob Radeon RX 470, the clock speed is set at 1300 rpm and the GPU temperature at 70 degrees Centigrade. Hence, for coins whose algorithm uses graphics processor resources more intensively, increasing the temperature manually looks like the best option.
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This can mine at a hash rate of 30 MH/s with a consumption power of 100W, which has a power draw of 25W and VRAM of 8GB GDDR5. The initial mining performance was quite good, while the stock clock card mined Ether at a hash rate of 31MH/s. The best part about this is it brings out the performance qualities of the 1080 model and even lower in price comparatively.
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