Mining your cryptocurrency is a great way of using the best graphics card you have to make some money on the side. You can use an idle GPU to crunch the numbers when you are not playing games. Additionally, this allows you to make the most of the available performance.
It is not very easy to make a steady earring with the GPU mining cryptocurrencies, as it was before. There might be some other coins that are better for energy use as well as the initial cost. It does not mean that the absolute best gaming cards give the best values and give good returns to mining using your own PC.
What Is The Best GPU For Mining Cryptocurrency?
Choosing the best GPU for mining is not as simple as you think it to be. It is not like choosing the most expensive card you can find and ending the work there. There are a lot of things that you have to consider when you are shopping for it. The most important thing to consider while buying any GPU for mining is its efficiency. Moreover, you will want to get a high hash rate for less electricity.
Well, the best one you can get is the NVIDIA GeForce 3060 Ti, an amazing choice for crypto mining as well. Although it will not get any recognition for its hash rate, it is popular because of its affordable price. It will support your needs without any issues. If you want to get all the facilities at a low price, then you should go for NVIDIA GeForce RTX 2070.
Nvidia GeForce RTX 3090
In the NVIDIA RTX 30 series, the RTX 3090 has proven to be the most powerful card. Moreover, this card has Ampere architecture and is one of the most efficient ones in terms of profit in a day. It lets users mine different cryptocurrency tokens and coins, like Ravencoin (RVN), Swap (XWP), Grin (GRIN), and others. Additionally, it has 10,500 CUDA cores and 24GB of VRAM for gaming.
Power: 350 Watts
Hashrate: 125 MH/s
Profit/day: 0.67 USD
AMD Radeon RX 5700 XT
AMD launched a GPU in 2019 and the RX 5700 series. This uses a FinFET, a technology that reduces the power consumption. Moreover, it has some electronic components that support this. AMD Radeon RX 5700 XT allows mining RVN, ETH, ETC, GRIN, XHV, BEAM, and ZEL. It has only one disadvantage, and that is its price.
Power: 225 Watt
Hashrate: 54 MH/s
Profit/day: 0.37 USD
Nvidia GeForce GTX 1080 Ti
Compared to the versions GTX 1070 and GTX 1060, the GTX 1080 Ti consumes a lot less electricity. But, it provides a high gain, and it has improved the graphic memory as well. It allows you to mine a lot of cryptocurrencies.
Power: 213 Watts
Hashrate: 34 MH/s
Profit/day: 0.2 USD
AMD RX 6800
Mining with AMD RX 6800 has one of the best advantages. It does not consume a lot of power when compared with the other high-end GPUs. This improves the profit margin as it reduces the cost of electricity. However, it is important to make sure that you have optimized the mining set-up properly to achieve profitability and maximum efficiency.
Power: 145 Watts
Hashrate: 32 MH/s
Profit/day: 0.53 USD
Nvidia RTX A5000
The RTX A5000 was created with the Ampere architecture and the features of 8192 CUDA cores and a GDDR6 memory of 24GB with a memory interface of 384 bits in mind. Additionally, it has a clock speed of 1.75 GHz.
Power: 230 Watts
Hashrate: 42.29 MH/s
Profit/day: 0.56 USD
AMD Radeon VII
This one is the first to use a 7nm processor. It has a memory of 16GB, and that is what makes it one of the best GPUs for mining cryptocurrencies.
Power: 250 Watts
Hashrate: 93 MH/s
Profit/day: 0.69 USD
The crypto market is basically a financial one, meaning it is open to human emotion and media coverage. If we consider the environmental reports about Bitcoin that somehow collided with the Chinese crackdown and made the price spiral. Moreover, if you are going to invest a certain amount in a GPU, make sure it is one of the best GPU for mining crypto and can get you back the invested amount.
That is why you should never go for the most powerful or expensive ones. This is not what the current market is saying. But sometimes, the expensive ones are not good enough for mining cryptos. When you are choosing for gaming, it is not as complicated as this one, but when you are getting it for mining, you have to take care of a lot of factors.