Best GPUs for Mining

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A GPU is one of the core components of a crypto mining computer. Having the best GPUs for mining is similar to choosing a good mining motherboard, finding the best GPU for mining can be a difficult task, particularly because the requirements for mining are slightly distinct from gaming. The best GPU is an ideal combination of efficiency and price. It should have a high hash rate yet consume as little electricity as possible and come at a reasonable price. Minimizing costs is especially important when you are mining with only one computer, as the computer won’t be able to yield sufficient coins or tokens at a time to cover costs.

Due to the crypto boom and pandemic in recent years, the demand for GPUs has been rising nonstop. There is a huge number of GPUs to choose from in the market, which can be troublesome when you are looking for one for your mining rig. In light of this, we have compiled a list of the best GPUs for Mining here. Keep reading to find the right mining GPU for you!

The Best GPUs for Mining in 2022

NVIDIA GeForce RTX 3060 Ti: Best overall GPU for mining

Specifications:

Hashrate:60MH/s
VRAM:8GB GDDR6
TDP:200W
Power input:1x 12-pin PCIe (FE only) or 1x 8-pin PCIe
MSRP:$399

Pros:

  • One of the most efficient GPUs for Ethereum mining in the current market
  • Affordable RTX 30-series GPU
  • Stays cool

Cons:

  • An awkward 12-pin connector on the FE cards

The NVIDIA GeForce RTX 3060 Ti is the ideal mining graphics card for many crypto enthusiasts. It has a hashrate of 60MH/s, and the low 200W TDP makes it easier to handle the heat output. As a result, you can enjoy a high level of efficiency with this card. Though it won’t bring you the fastest hashrate or the highest earnings, it will give you a stable monthly income with significantly low energy costs.

AMD Radeon RX 5700 XT: Runner-up GPU for mining

Specifications:

Hashrate:54MH/s
VRAM:8GB GDDR6
TDP:225W
Power input:2x 8-pin PCIe
MSRP:$399

Pros:

  • Great value
  • Remarkable efficiency

Cons:

  • Occasionally instable
  • Lacks latest-gen AMD features
  • Blower-style cooler

Apart from NVIDIA, AMD also produces some excellent graphics cards. The Radeon RX 5700 XT is no doubt one of them. While it does not feature AMD’s latest technologies, it is still one of the best value propositions for mining. Its average hashrate is around 54MH/s, which is not really far off the GeForce RTX 3060 Ti. However, it can be found at relatively lower prices in the market, which makes it appealing to many users.

NVIDIA GeForce RTX 2070: Best GPU for value

Specifications:

Hashrate:36MH/s
VRAM:8GB GDDR6
TDP:225W
Power input:2x 8-pin PCIe
MSRP:$499

Pros:

  • Good value
  • Efficient heat dissipation

Cons:

  • Older generation
  • Limited availability

Having a hashrate of 36MH/s (able to hit 40MH/s under certain circumstances) and a power draw of about 225W, the NVIDIA GeForce RTX 2070 is another good choice. One of its highlights is that it can be modified. For example, you can add water blocks for water cooling, which considerably lifts the card’s mining performance. Even if you decide to quit mining, this GPU can be resold at a good price to help recoup your initial investment.

NVIDIA GeForce RTX 3090: Best GPU for mining performance

Specifications:

Hashrate:121MH/s
VRAM:24GB GDDR6X
TDP:350W
Power input:1x 12-pin PCIe (FE only) or 2x 8-pin PCIe
MSRP:$1, 499

Pros:

  • Great performance
  • Amazing for gaming too

Cons:

  • Expensive
  • Power-hungry

The NVIDIA GeForce RTX 3090 is the most powerful GPU from NVIDIA’s RTX 30 series at present. Just look at the card’s specifications: it has a hashrate of 121MH/s, 24GB GDDR6X VRAM, and 10,496 CUDA cores. This is what you need if you are looking to build a powerful mining rig. You could easily earn big every month, and this is after taking into consideration the electricity tariff (subject to your area). The only problem is that it is very expensive, with an MSRP of $1,499, signifying much longer days for you to break even.

AMD Radeon RX 580: Best budget GPU for mining

Specifications:

Hashrate:28MH/s
VRAM:8GB GDDR5
TDP:185W
Power input:1x 8-pin PCIe
MSRP:$229

Pros:

  • Affordable

Cons:

  • Lower yields
  • Higher power draw
  • Older generation card which may not remain competitive in the future
  • Lower resell value

The AMD Radeon RX 580 is not just for full-time gamers and miners but also for those who just want to follow the crypto trend and earn a few pennies here and there. Even though the card is on the older side, you can get a hashrate of about 28MH/s at 185W with an optimized configuration, which is not too bad. In addition, the 8GB GDDR5 is sufficient to run mining solutions. However, the drawbacks are that it yields lower and may no longer remain competitive in the future compared to newer cards. The resell value may also be lower for those thinking about selling their cards in the future.

Conclusion

Mining requires different priorities and features in a GPU to gaming. Therefore, the most powerful graphics cards in the market are not necessarily the most expensive ones. As long as the GPU you consider buying helps you earn more than the electricity tariff that you are about to pay, that card is good for you.

So, which graphics card should you go for? We recommend the NVIDIA GeForce RTX 3060 Ti as it is an ideal balance between efficiency and price. However, if you are on a tighter budget, the AMD Radeon RX 5700 XT is a good-enough alternative. Both of these GPUs are efficient at solving the algorithms and can help you earn some passive income.

While we included the AMD RX580 as the best budget GPU, it is not really recommended to buy the AMD RX500 series, NVIDIA GTX 1000 series, or other older GPUs due to the decreasing performance over time. However, if you have extreme budget constraints, these cards are still excellent choices. If you are buying these cards, keep in mind that when you wish to sell the cards in the future, they will not help much in recovering your initial expenses.

Another thing to note is that most of the GPUs mentioned above are very limited in stock due to the increasing demand for a PC in pandemic times and the rise of cryptocurrency. Even if you found one in stock, the price may be a few times above MSRP. For those in need of a mining GPU, please keep an eye on the e-commerce platforms to grab one when it is available! Also, newer card releases are on the horizon, so we may see way more powerful cards in the future.

The best GPUs for mining in 2022:

Best GPU for mining in 2022

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