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5 best graphics cards for mining cryptocurrencies

5 best graphics cards for mining cryptocurrencies

With cryptocurrencies like Bitcoin and Ether (Ethereum) being increasingly used for online transactions, their demand has increased exponentially in recent times. While most people prefer to buy these currencies from dedicated cryptocurrency exchanges such as Coinbase, more hardcore cryptocurrency enthusiasts, choose to "extract" or create these same currencies with dedicated computers running specific applications. It involves a lot of work, a certain degree of technical know-how, a large advance investment and substantial recurring energy bills, so not really for everyone, but in case you are trying to go through the circles to give it a shot, here are the 5 best graphics cards for mining cryptocurrencies:

The best GPUs for the mining industry

1. AMD Radeon R9 295X2: the best general graphics card for mining

La Radeon R9 295 2 a dual-GPU video card which was initially released more than three years ago in April 2014. However, it continues to remain a favorite of the Ether mining community because it has a surprising hash frequency between 46 MH / s at 57, 6 MH / s, which is the highest of all the cards available on the market today. Draw about 500 watts from the wall to the maximum load, which certainly on the upper side, so be prepared to shell out generously for the monthly energy bills if you are using this card for your cryptocurrency mining needs.

The bad news for anyone looking to buy the Radeon R9 295X2 that you will hardly find new units of paper on the open market. There are some online retailers where you can find used or used versions of the card, be careful, many of them are listed by former miners who have most likely used those cards extensively over the past two years, which means that even though they work well for now , they are probably living on loan and just a matter of time before they kick the bucket.

Buy Radeon R9 295X2 (8GB) from Amazon: (Starts with $ 1199)

2. NVIDIA GeForce GTX 1060/1070: the best graphics cards available for mining

So the Radeon R9 295 2 may not be readily available, but the Nvidia GeForce GTX 1060 (6 GB) and GTX 1070 (8GB) are a great replacement if you're looking to mine Ether. There are a lot of live ads for both, so you shouldn't have a problem getting your hands on one. As you would expect, the more powerful card has a slight advantage over its more convenient counterpart in terms of raw performance. Based on Ether 's recent price, the GTX 1070 has a hash frequency between 27MH / s and 36MH / s using EthOS and has a TDP of only 150 watts. The card is priced below $ 500 dollars, with prices ranging between $ 450- $ 490 depending on the brand and model.

As for the GTX 1060, most of the listed models are priced well below $ 400, making them about $ 100 less than their big brother, with slightly better energy efficiency (120 watt TDP), making it an excellent chosen for Ethereum mining. Get over 20 MH / s to the mining activities of DaggerHashimoto (Etherium) on the stock frequencies, but as with its more expensive counterpart, you can get a higher hash rate if you choose to overclock your cards.

One thing to remember here that is new GTX 1080 not neither distantly lives up to the cards discussed here, although it has more CUDA cores and, with the GTX 1070, has a faster clock. From most accounts, you only get around 20 MH / s with the GTX 1080 despite the higher energy consumption and the high pricing, because according to Nvidia, the "Ethereum base code adapts to the GDDR5 latency characteristics better than GDDR5X ", which is what is used by GTX 1080 and 1080Ti.

Buy Nvidia GTX 1060 (6 GB) from Amazon: ($ 319.89) Buy Nvidia GTX 1070 (8 GB) from Amazon: ($ 449.99)

2. AMD Radeon RX 570/580: best value graphics cards for the mining industry

If you're just looking to learn about cryptocurrency mining, you may not be willing to spend $ 500 on a card right away. In this case, the best options for you are the Radeon RX 570 and RX 580 graphics cards, which give you great success. While the 3 GB Radeon RX 570 costs just over $ 150, the 6 GB Radeon RX580 model costs around $ 250 and offers between 26 MH / s and 29 MH / s using the Claymore Dual ETH miner. The RX 580 has a TDP of 185 watts, but AMD Radeon Wattman can be used to get power consumption on this card below 150 watts.

Interestingly, the predecessors of these cards were significantly more efficient than these, despite having roughly the same hash rate, but it is possible to change the BIOS of these cards to extract much better hash rates with reduced energy consumption. In case you choose to use one of these two cards, remember to buy one with Samsung memory instead of Hynix, since with memory intensive mining algorithms like Ethash (Ethereum) or Equihash (Zcash), Hynix memory chips tend to underperform their Samsung counterparts by a substantial margin.

Buy Radeon RX 570 from Amazon: ($ 219.99) Buy Radeon RX 580 from Amazon: ($ 459)

Specialized mining cards from Asus and Sapphire

With the GPU request from the cryptocurrency community creating a shortage of video cards for gamers, Asus and Sapphire recently picked up the issue and released mining-specific cards created for high hash rates instead of visual graphics power. Based on the GPU GP6 Pascal GPU of NVIDIA and on silicon AMX RX 470 and RX 560 Polaris, the cards are marketed to the mining community and are relatively less expensive than their gambling counterparts. Many of these cards barely have a single DVI-D output, while others don't actually have any display output. They do, however, have heatsinks similar to their gaming counterparts and have i fans rated for 24/7 operation .

Check out these mining specific cards, Asus 'MINING Series' cards include the MINING-P106-6G and MINING-RX-470-4G which both use the GP10 code name of GP106, rather than the NVIDIA GTX 1060 brand. Most NVIDIA cards it has no display output, while the offer based on RX 470 only supports a single DVI-D output, since they are designed to be performed both in headless systems and with integrated graphics systems, seen as the last thing a miner would want to lose a PCI slot -E for basic graphics.

Check out the datasheets in the mining series on the Asus website: (P106-6G, RX 470)

As for Sapphire, the company has released a series of Mining Edition cards based on AMD's RX 470 GPU. The cards are differentiated by the memory manufacturer and the VRAM size ranging from 4 GB to 8 GB. The company also announced an RX 560 Pulse MINING Edition card, which, unlike its RX 470 counterparts, features a DVI-D output, but doesn't expect HDMI or other display outputs.

Buy Sapphire Radeon RX 470 Mining Edition from Amazon: ($ 379.99)

One thing to note here that although mining-specific graphics cards are a nascent category, many manufacturers are apparently betting on it, with 3D, EVGA, MSI, Zotac, Colorful and Palit also expected to launch their offerings in the segment in the coming weeks and months. In fact, some of their products have already made their appearance online, although availability remains a little worrying.

The best cryptocurrency mining graphics cards you can buy

If you just want to get into the history of cryptocurrency when hot, you need to understand that mining not the best way to get more cryptocurrency. However, there is a community of enthusiasts who have been doing this for years, and the Internet is littered with stories of how people have made millions of cryptocurrency mines in the past decade. However, with mining increasingly competitive in recent years, your chances of joining the ranks of those millionaires are now reduced to zero, but hobbyists are still doing it for fun, and it could still be a little profitable if you have access to cheap electricity, but more often than not, much better actually buying Ether (or any other cryptocurrency for that matter) from reliable exchanges, such as Coinvase, Kraken, Gemini or AlfaCashier. So go ahead, dip your toes into the chaos of the mines and find out what madness is about, but unless you're living in places with cheap electricity like Iceland or China, cryptocurrency mining doesn't it may be learning the process and having fun with it, and it really doesn't make money real around 2017.

So now that you know some of the best graphics cards for cryptocurrency mining, are you encouraged to try it out? Or are you really discouraged that Ethereum or Bitcoin mining won't make you rich in the near future? Whatever your case, leave your opinion on cryptocurrency mining and its effects on the GPU industry in the comments section below, because we love to hear from you.