What is the Best GPU for mining Etherum, Zcash, Altcoins, Equihash algo, keccak bitcoin price. This is the first question that comes to our mind when we think of starting crypto mining. I am mining since 3 months and have decided to start this website which will help all crypto lovers and miners.
What Should One Look for in the Best GPU for Mining Cryptocurrency ? Best Graphics Cards for Mining 1. Should You Start Mining Cryptocurrency Now ? RX 500 Cards Mining Performance 3. Which Brand GTX 1060 to Buy?
Radeon RX Vega 64 and Vega 56 Mining Performance7. These are the Best Cards for Mining Etherum. Who Should Buy GTX 1070 Ti ? Which Brand GTX 1070 Ti to Buy? Who Should Buy GTX 1080 Ti ? Which Brand GTX 1080 Ti to Buy?
If you are confused between Graphics card mining and ASICs mining then check our comparison here. In short ASICs mining is for risk takers and provide 3 times more profits then GPU mining. ASICs produces more heat and noise so in case on ASICs you need separate room for mining. ASICs are profitable only if you buy them for actual price.
Currently if you need them instantly then you have to buy them at premium of 3 times, which kills the ROI. Other option is preorder them but preorders will take 3 months to arrive and no one knows what will be the Bitcoin price after 3 months. My advice will be to start with GPU mining and once ROI started try ASICs. A GPU should be energy-efficient and consume less electricity for mining operation. If electricity cost per unit at your area is high then choose energy-efficient GPU. The mining GPU you choose should provide lesser ROI period .
There was a time around June 2017, when ROI period was 60 days only but now difficulty and number of miners have increased hence less profit. Currently best mining GPU have a ROI period of 200 days. Durability : Dedicated mining cards are more durable than the regular gaming mining cards but I would not recommend you to buy a dedicated one. Mining Hashrate : Mining GPU should have a good mining speed. After ROI card will provide more profits. GPU Brand : Before buying any card always check your GPU’s Brand after sale service quality at your area and how many years warranty is being provided.
Resale Value : If crypto mining bubble pops out then a dedicated mining card will have n0 resale value. Nvidia cards have a better resale value as compared to AMD because gamers prefer Nvidia. If you are in hurry and don’t have time to read the whole article then choose anyone from below. Profitability and ROI for each card is last updated on 2 January 2018. I will be posting mining rig build guide very soon.
Crypto mining is not as profitable as it was earlier. 7000 short of covering my investment but I am happy with my decision. Graphics cards have a real value no matter what happens, we can easily resale them to gamers and video editors. Once a card has completed its ROI phase then it is easy money while doing nothing. Keep in mind mining produces heat and noise. Also stable Internet connection and electricity is a must. Mining is less riskier then investing in Bitcoin, lesser the risk is , lesser the reward will be.
Currently we have two major companies Nvidia and AMD which makes Graphics Processing Units. D to make facilities for building GPUs, that’s why we don’t see any new companies in GPU making business. I am an Nvidia fan and never bought any AMD GPU earlier, so i might be biased. We have many third-party GPU manufacturers such as Asus, Evga, Gigabyte, Zotac, MSI , etc. These companies acquire rights from Nvidia and AMD for making their own versions of card. They make tweaks for improved cooling and better gpu performance.