The 5 best GPU graphics cards for cryptocurrency mining (2024)

FAQs

The 5 best GPU graphics cards for cryptocurrency mining? ›

GPU mining employs specialized computer hardware, or Graphics Processing Units (GPUs), to validate transactions within a blockchain network and earn crypto rewards. This is achieved by having GPUs perform intricate calculations and solve mathematical algorithms.

GPU mining employs specialized computer hardware, or Graphics Processing Units (GPUs), to validate transactions within a blockchain network and earn crypto rewards. This is achieved by having GPUs perform intricate calculations and solve mathematical algorithms.

Answer: There is no minimum or limit to the number of GPUs you can use when mining, and can even start with 1. However, if you are into a serious mining business, a rig of 6 GPUs is recommended.

Bitcoin (BTC)

Bitcoin is the largest crypto by market capitalization and the most popular cryptocurrency to mine, with a reward of 6.25 BTC per block - although this halved in April 2024. Due to competition, you'll need a top-of-the-line mining rig to mine Bitcoin successfully, as well as to join a mining pool.

Summing Up. Crypto mining will still be profitable in 2024, but only if you have the right mining setup. With the dynamic nature of the cryptocurrency space and crypto mining, a GPU miner is unlikely to be among the ingredients of a profitable mining setup.

Historically, Bitcoin (BTC) has been one of the most lucrative cryptocurrencies to mine due to its high market value. However, other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and Monero (XMR) have also been profitable for miners, depending on market conditions and mining hardware efficiency.

The Bitmain Antminer S21 Hyd 335T is the most profitable Bitcoin mining machine currently, followed by the Canaan Avalon Made A1266, and MicroBit Whatsminer M50S. If you want to mine other cryptocurrencies, the Bitmain Antminer KS3, Bitmain Antminer D9, and Bitmain Antminer K7 are all solid choices.

For example, a rig of six MSI GeForce RTX 3080Ti graphics processing units (GPUs) will be most profitable when mining Ravencoin (RVN) and bring around $170 per month. Zcash (ZEC) can bring in almost the same revenue while mining Clore (CLORE) can earn $158 per month.

NVIDIA GeForce RTX 3090:

It boasts the highest hash rates among commercially available GPUs, backed by 24GB of GDDR6X memory. Although it comes with higher power consumption, its profitability in mining operations justifies the investment for many miners.

Can you still mine crypto with a GPU? ›

It is still possible to participate in Bitcoin mining with a regular at-home personal computer if you have one of the latest and fastest graphics processing units. However, the chances of receiving any reward by mining on your own with a single GPU in your computer are minuscule.

How Long Does It Take to Mine 1 Bitcoin? The reward for mining is 3.125 bitcoins. It takes the network about 10 minutes to mine one block, so it takes about 10 minutes to mine 3.125 bitcoins.

In short, the most effective GPU for mining is the one that can solve mining problems fastest… and is the most cost-effective solution. As of September 2022, the best GPU for mining is likely The NVIDIA GeForce RTX 3060 Ti. There are more powerful cards, but they are prohibitively expensive.

You can mine the equivalent of 0.0001 Bitcoin in 12 hours. So to get one whole Bitcoin equivalent you would have to mine for 10,000 days.

You can mine the equivalent of 0.0001 Bitcoin in 12 hours. So to get one whole Bitcoin equivalent you would have to mine for 10,000 days.

NVIDIA GeForce RTX 4090 can generate more than 24.33 USD monthly income with a 144.26 MH/s hashrate on the FLUX - ZelHash (LOL) algorithm.

For example, a rig of six MSI GeForce RTX 3080Ti graphics processing units (GPUs) will be most profitable when mining Ravencoin (RVN) and bring around $170 per month. Zcash (ZEC) can bring in almost the same revenue while mining Clore (CLORE) can earn $158 per month.