After nvidia’s “capado” of its GeForce RTX 3060 graphics cards to mine cryptocurrencies, there is some uncertainty when it comes to knowing which graphics card is best to invest in for mining. In this article we are going to tell you which are the most profitable graphics cards to mine Ethereum according to their hashrate and cost so that you have a clear and concise classification in this regard.
The mining of cryptocurrencies is posing a big problem in many aspects: from the shortage of GPUs in the market to problems of power cuts due to the demand for energy, passing of course by the wear and tear suffered by the GPUs themselves. It is a practice that we do not recommend doing because we think that a graphics card is designed for gaming, but if you still want to start mining or you are curious to know which graphics is the one that gives the best performance, then we are going to tell you. The best GPUs to mine Ethereum according to your hashrate
First of all, you should know that the hashrate of any graphics card is not fixed since it depends on multiple factors, mainly by the algorithm used for mining but also depending on the clock speed of the graph, the optimization of the software and more. In any case, in this guide you will find the hashrate that we can expect by mining Ethereum with the Ethash algorithm, which is currently the most used.
In this table we indicate brand and model of the reference GPU, not custom models, as well as the expected hashrate in MH / s, the average consumption in watts and the expected profits every 24 hours expressed in this case in dollars, since it is the currency that is used to calculate the exchange rate (we speak in this case of profits and not of profitability, since that depends on the electricity cost).
Brand ModelHashrate (MH/s)Consumption (W)Expected profitability every 24h (dollars)NVIDIARTX 30901103008.95AMDRadeon VII932007.57NVIDIARTX 308091.502307.44AMDRX 6900 XT641505.21AMDRX 6800 XT641505.21AMDRX 6800641505.21NVIDIARTX 307058.501304.91NVIDIARTX 3060 Ti58.101304.73NVIDIARTX 2080 Ti582204.71AMDRX 5700 XT551304.47AMDRX 5700551304.47NVIDIARTX 208048.81904.1NVIDIARTX 3060421403.53AMDRX Vega 64461903.74AMDRX Vega 56451703.66NVIDIARTX 2080 Super411603.34AMDRX 5600 XT40.51103.29NVIDIARTX 2060 Super401403.25NVIDIARTX 2070 Super401403.25NVIDIARTX 2070401403.25NVIDIAGTX 1660 Xuper29802.28
We can clearly see how the RTX 3090 is the queen to mine Ethereum, because with the Ethash algorithm you get a rate that is around 110 MH / s, but you must bear in mind that this GPU consumes about 300 watts and therefore the electricity cost skyrockets, reducing its profitability despite the fact that the income is relatively high.
The best AMD GPU currently to mine Ethereum is the Radeon VII, a graphics that curiously is almost 4 years old (it was launched in August 2017) but still around 93 MH / s of hashrate, which with a consumption of 200 watts generates a fairly good profitability.
We can also see how, indeed, the mining performance of the RTX 3060 is very limited; it reaches just 42 MH/s being below the RTX 2080, when it really should be just below the RTX 3070 that reaches 58 MH/s. NVIDIA’s strategy regarding cryptocurrency mining
As you know, the RTX 3060 has already arrived “hooded” to mine cryptocurrencies, drastically reducing its performance in certain algorithms used for Ethereum, the most fashionable cryptocurrency at the moment. In addition, the imminent RTX 3080 Ti will also have its limited performance for mining, and the objective of this is to make that although the graphic remains attractive to gamers, it ceases to be so for miners and, in this way, there may be more stock available for ordinary users.
We will see what is the thing about the issue of mining, because if NVIDIA GPUs stop having a good hashrate to mine Ethereum then miners will begin to blatantly opt for AMD GPUs and then the problem will move to those in red, because if it is already complicated to buy an AMD Radeon graphics saves the same imagination if all miners put them in their sights.
