Mining rigs are nothing without their powerful components; therefore, choosing the best mining GPU can be difficult, especially since the requirements for cryptocurrency are different from those of gaming.
Cryptocurrency mining involves verifying transactions on a network of cryptocurrencies in which transactions must be verified on a regular basis.
Due to the fact that all transactions are stored as hash functions that must be guessed and then verified, mining or verification requires a significant amount of processing and guesswork.
The faster the guesswork, the faster the mining. This is now possible with a variety of different types of computer systems. The most fundamental are a CPU and GPU.
CPUs were sufficient in the past when there was little competition and mining was a simple task, but they are no longer sufficient today.
Because of its increasing popularity, Ethereum is getting a lot of attention these days.
It is a platform that utilizes blockchain technology to create and run decentralized applications, as well as the second-largest cryptocurrency after Bitcoin in terms of market capitalization.
If you are interested in mining Ether, you can either do so yourself or purchase it from any exchange platform. Mining Ether is still a good idea in 2022, but you’ll need some powerful best GPUs to mine Ethereum.
Our goal in this article is to discuss how to choose the best and most efficient GPUs that will mine Ethereum and other altcoins effectively.
Therefore, we have compiled a list of GPUs in the hopes that it will help you understand what you need for the best GPU if you plan to mine cryptos, such as Ethereum and more.
List of the Most Efficient GPUs For Mining Ethereum:
Best GPU to Mine Ethereum
NVIDIA GeForce RTX 3090
XFX Radeon RX 5700 XT
MSI Gaming GeForce GTX 3080 Ti
EVGA NVIDIA GeForce GTX 1080 Ti
EVGA GeForce RTX 3060 Ti XC Gaming
NVIDIA GeForce RTX 3090:
GPU: NVIDIA | Brand: EVGA | RAM: 24 GB | Memory Type: GDDR6 | Memory Speed: 19.5 GHz | Hash Rate: 125 MH/s | Real Boost Clock Speed: 1800 MHz | Power Consumption: 350 W
The top-of-the-line NVIDIA GeForce RTX 3090 has Triple HDB fans with 9 iCX3 thermal sensors, which offer superior cooling performance and significantly lower acoustic noise.
A GPU with a Hash Rate of 125 MH/s is an impressive choice for mining Ethereum and any other processing-intensive task.
Powered by a 350-Watt processor and 24GB of GDDR6X memory, it can handle any size task, from 3D rendering to hardcore gaming, and it’s cooled by a massive heatsink as well.
Unfortunately, this level of power comes at a high price, and for the vast majority of people, it probably is not worth it.
In addition, it’s the only RTX that supports multi-GPU configurations via SLI Adjustable ARGB LED, and it’s got two HDMI 2.1 ports along with three DisplayPort 1.4a outputs, whereas the rest of the 3000-series only features a single DisplayPort.
Nevertheless, we ought to discuss the GPU’s power consumption because the GPU must run continuously to mine Ethereum, requiring a significant amount of energy given a power consumption of 350 W.
NVIDIA GeForce RTX 3090 has a hash rate of 125MH/s, which has the best and most efficient way to mine Ethereum and can produce an average daily and monthly revenue of $9 and $285, respectively.
Why you should buy:
- Exceptional value for professionals
- Ultra high performance and excellent quality
- Quiet operation and superb cooling
- Triple-slot card
- Very expensive
- High energy consumption
XFX Radeon RX 5700 XT:
GPU: AMD | Brand: XFX | RAM: 8 GB | Memory Type: GDDR6 | Memory Speed: 7 GHz | Hash Rate: 56.6 MH/s | Real Boost Clock Speed: 1750 MHz | Power Consumption: 130 W
Starting at a very reasonable and affordable price, XFX Radeon RX 5700 XT has a 56.6 MH/s hash rate with just 130W of energy consumption. This is by far the best GPU to mine Ethereum in 2022 for someone who is on a tight budget but needs good performance, if not the best.
The XFX Radeon RX 5700 XT graphics card features a style and dynamic cooling design for lower temperatures and enhanced performance. With dual bios and support for both 1440p and 4k, it delivers smooth gameplay, ready for next-generation displays.
With more bandwidth – Radeon RX 5700 XT features support for PCI Express 4.0 and provides 16 GT/s of throughput, twice as much bandwidth as PCI Express 3.0.
The Navi 10 processor, which is used in Radeon RX 5700 XT is clocked at 1605 MHz, and the memory clock speed is 1750 MHz. It has 160 texture mapping units, 64 ROPs, and 2560 shading units.
With an average hash rate of 56.6 MH/s, Radeon RX 5700 XT generates average daily revenue of $4 and monthly revenue of $124.
Why you should buy:
- Reasonable price for its quality
- Dual Bios and PCle 4.0 compatibility
- The design is stunningly beautiful, and it operates quietly
- Requires high power
- Ray tracing isn’t supported in real-time
MSI Gaming GeForce RTX 3080 Ti:
GPU: NVIDIA | Brand: MSI | RAM: 12 GB | Memory Type: GDDR6 | Hash Rate: 85.41 MH/s | Real Boost Clock Speed: 1770 MHz | Power Consumption: 350 W
MSI Gaming GeForce RTX 3080 Ti, one of the most powerful and reliable GPUs for mining Ethereum.
It has a high-performance GPU with triple fans to keep it cool with no lag time. In addition to creating a high static pressure, the MSI TORX Fan 3.0 is designed to push thermal performance to its limits.
You can connect a lot of monitors or output HD signals with the 3 DisplayPort 1.4a and 1 HDMI port 2.1 version, which includes a 240Hz boost clock and a standard 36 CUDA cores.
This graphics card is powered by PCIe 3.0 x16 and is embedded with a triple fan design, allowing your GPU to run at maximum specifications.
The chip also features 320 Tensor Cores, which are better suited to machine learning operations requiring reduced precision.
The RTX 3080 Ti is powered by Nvidia’s proprietary 12-pin power connector, which requires two eight-pin power supply leads to be plugged in.
The MSI Gaming GeForce RTX 3080 Ti mines Ethereum at an average hash rate of 85.41 MH/s, generating an average daily revenue of $7 and monthly revenue of $168.
Why you should buy:
- Pascal are pushed to the limits
- Enhanced colling performance
- For most people, a costly investment
EVGA NVIDIA GeForce GTX 1080 Ti:
GPU: NVIDIA | Brand: EVGA | RAM: 11 GB | Memory Type: GDDR5 | Hash Rate: 21.63 MH/s | Real Boost Clock Speed: 1376 MHz | Power Consumption: 250 W
Even in 2022, the EVGA NVIDIA GeForce GTX 1080 Ti GPU is still a good choice. It mines Ethereum at a hash rate of nearly 21.63 MH/s using less than 250 watts of power.
The GTX 1080 Ti has 11GB of GDDR5 memory that operates at a good 11 Gbps memory speed, which is critical for Ethereum mining.
In addition, it offers 88 render outputs, 11 GB of frame buffer, 224 texture mapping units, HDMI 2.0 for output, and two power connectors: one 6-pin, one 8-pin.
Thus, this card is a great choice for mining Ethereum and other cryptos to generate a steady income each month.
Aside from the RGB lighting, there are also EVGA’s iCX temperature sensors, which are spread throughout the board. 21.63 MH/s hash rate of the EVGA NVIDIA GeForce GTX 1080 Ti can generate up to $58 in monthly income.
Why you should buy:
- A unique temperature monitoring system based on nine sensors
- Reasonable price
- Efficient thermal optimization
- Dual-fan graphics card with decent overclocking potential
- Unlike some board partner designs, this isn’t as quiet
EVGA GeForce RTX 3060 Ti XC Gaming:
GPU: NVIDIA | Brand: EVGA | RAM: 8 GB | Memory Type: GDDR6 | Hash Rate: 65 MH/s | Real Boost Clock Speed: 1710 MHz | Power Consumption: 200 W
With its 8GB GDDR6 Memory, the EVGA GTX 3060 Ti XC Gaming offers high resolution textures in games, as well as real time ray-tracing technology for accurate HDRI lighting.
It is one of the fastest Video cards due to its support of PCI Express 3.0. You can synchronize it with external monitors for additional enjoyment.
Due to ray tracing technology, it emits no annoying sound when running.
The EVGA GeForce RTX 3060 Ti is a highly responsive card as well as keeping your computer at an ideal temperature thanks to the powerful dual cooling system.
As EVGA’s RTX 3060 Ti XC Gaming has a 1,410MHz core clock speed, it can easily boost up to and maintain 1,710MHz without any tinkering.
Because it’s an Ampere GPU, it also supports PCIe 4.0. NVIDIA GeForce RTX 3060 Ti is capable of generating more than $135 monthly income at 65 MH/s by mining Ethereum.
Why you should buy:
- Dual cooling systems
- It is even faster with DLSS 2.0
- Due to power limits, overclocking is more complicated
Will mining Ethereum damage my GPU?
As long as the temperature is under control, mining should present no issues at all as it is no different from other activities that consume a large amount of GPU power for long periods of time.
How many GPUs are needed for mining Ethereum?
Dag file and things that go into memory take up about 2.4GB now, so in theory, a 3.5GB card should be sufficient.
How much money can we generate by mining Ethereum?
Using a single GPU, the estimated daily profit for Ethereum mining is about $5.
Is mining Ethereum bad for your GPU?
A byproduct of mining is excessive heat, and if your mining setup is running continuously at a high temperature, the GPU may be damaged and shorten its life expectancy.
Is there a software that is best suited to mining Ethereum?
Among the oldest Ethash miners, Claymore is the most popular.