In the world of technology, ‘Mining GPUs’ is one of the most sought-after goods. This is due to an increase in the popularity of Bitcoin mining. Graphics cards are therefore in high demand.
To help those who are looking for high-quality GPUs to mine bitcoins, in this article, we’ve compiled a list of Mining GPU series from the two well-known brands. We’ll also give a detailed guideline on how to choose the right Mining GPUs for you.
What are the Bitcoin mining GPUs? How do they differ from CPUs?
Bitcoin mining is the process of using a computer to solve mathematical equations. It is the process of recording new information to the system or creating a new block on the Blockchain system. This process could verify all the transactions in the currency itself. Those who are involved in the verification process or Miners will be paid with Bitcoins. This procedure requires high-performance computing resources. That’s why users who want to mine Bitcoins should choose suitable hardware to maximize their efficiency.
When comparing the differences between Mining GPUs and CPUs, in the past, many people used to mine using the CPUs, but the results were unsatisfactory, so they switched to GPUs instead.
The outcome is better than before. Since then, GPUs have become increasingly popular as a tool for mining Bitcoins, resulting in a GPU shortage in the market. It should be noted that one should pick a high-performance and high-computing-power Mining GPU because it comes with a higher Hashrate.
Moreover, for those who don’t like buying separated computer components, there are two other options: buying an ASIC (application-specific integrated circuit) specifically built for Bitcoin mining, or using Cloud Mining’s bitcoin mining equipment rental services.
What to look for when choosing Bitcoin-mining GPUs?
If you want to mine Bitcoins, these are the important factors you should think about before purchasing a GPU.
Power consumption
Using a GPU to mine Bitcoin consumes a lot of electricity. This factor varies by each GPU series; some may consume less power but perform less efficiently. Before deciding to buy any GPU, the users should compare and select the option that best fits their needs.
Hashrate
Hashrate is the GPU’s total computational power. The higher the hashrate, the greater the reward that could be given each time mined.
Price
The GPU’s price is another important factor since it is also a cost of the investment. If you manage it well enough and choose the suitable GPU that is worth the price, you tend to earn more profit from mining.
Insurance
Because Bitcoin mining GPUs are expensive, insurance will help prevent unnecessary money loss if there is any unforeseen problem.
Which Bitcoin Mining GPUs are recommended?
NVIDIA Mining GPUs
NVIDIA GeForce GTX 1660 6GB
Price starting at US$ 385 USD. The GPU basic information is as follows.
GPU Engine:
- NVIDIA CUDA® Cores 1408
- Boost Clock (MHz) 1785
- Base Clock (MHz) 1530
Memory:
- 6GB GDDR6
Resolution and Connectivity:
- Maximum digital resolution 7680×4320@120Hz
- DP 1.4a, HDMI 2.0b, DL-DVI-D
Temperature:
- Highest GPU Temperature at 92 Celsius
Power:
- Graphic card’s power consumption 125 Watt
- Minimum capacity of the system 450 Watt
NVIDIA GeForce RTX 3060 Ti
GPU Engine:
- NVIDIA CUDA® Cores 4864
- Boost Clock (GHz) 1.67
- Base Clock (GHz) 1.41
Memory:
- 8GB GDDR6
Resolution and Connectivity:
- Maximum digital resolution 7680×4320
- HDMI(2), 3x DisplayPort
Temperature:
- Highest GPU Temperature at 93 Celsius
Power:
- Graphic card’s power consumption 200 Watt
- Minimum capacity of the system 600 Watt
NVIDIA GeForce RTX 2070 Super
Price starting at $485 USD. The GPU basic information is as follows.
GPU Engine:
- NVIDIA CUDA® Cores 2560
- Boost Clock (GHz) 1.77
- Base Clock (GHz) 1.61
Memory:
- 8GB GDDR6
Resolution and Connectivity:
- Maximum digital resolution 7680×4320
- DisplayPort, HDMI
Temperature:
- Highest GPU Temperature at 88 Celsius
Power:
- Graphic card’s power consumption 215 Watt
- Minimum capacity of the system 650 Watt
NVIDIA GeForce RTX 3090
Price starting at US$ 1485 USD. The GPU basic information is as follows.
GPU Engine:
- NVIDIA CUDA® Cores 10752
- Boost Clock (GHz) 1.86
- Base Clock (GHz) 1.67
Memory:
- 24GB GDDR6
Resolution and Connectivity:
- Maximum digital resolution 7680×4320
- HDMI (2), 3x DisplayPort
Temperature:
- Highest GPU Temperature at 92 Celsius
Power:
- Graphic card’s power consumption 450 Watt
- Minimum capacity of the system 850 Watt
AMD Mining GPUs
AMD Radeon RX 5700 XT
Price starting at $385 USD. The GPU basic information is as follows.
Memory:
- 8GB GDDR6
Resolution:
- HDMI 4K60
Requirements:
- Minimum PSU Recommendation 600 Watt
- Typical Board Power 225 Watt
AMD Radeon RX 580 8GB
Price starting at US$ 715 USD. The GPU basic information is as follows.
Memory:
- 8GB GDDR5
Resolution:
- HDMI 4K60
Requirements:
- Minimum PSU Recommendation 500 Watt
- Typical Board Power 185 Watt
AMD Radeon RX Vega 56
Price starting at US$ 600 USD. The GPU basic information is as follows.
Memory:
- 8GB HBM2
Resolution:
- HDMI 4K60
Requirements:
- Minimum PSU Recommendation 650 Watt
- Typical Board Power 210 Watt
Radeon RX 6800
Price starting at US$ 1000 USD. The GPU basic information is as follows.
Memory:
- 16GB GDDR6
Resolution:
- HDMI™ 2.1 VRR and FRL
Requirements:
- Minimum PSU Recommendation 650 Watt
- Typical Board Power 250 Watt
For those who are looking for other options aside from trading, yield farming, or staking, mining Bitcoin could be another great option in the cryptocurrency world. However, there are numerous additional costs to consider: the mining tool, the electricity cost, the maintenance cost, etc. Therefore, miners should assess their own risks before investing.
