Cryptocurrency mining video cards – is it worth mining cryptocurrency in 2021 year and what

Graphics cards have been used in the cryptocurrency mining process for years, but many are beginning to wonder – will cryptocurrency mining be profitable in 2021 year? In printsyp, cryptocurrency volatility is still very high and, probably, will remain so for a long time. Also worth noting, what many experts believe, what 2021 year could be the most profitable year for cryptocurrencies. In this article, we want to discuss a popular question – which video card is the best for mining?

Of course, we do not make this guide not for large corporations, who can afford to invest millions in mining cryptocurrency and buying a special bitcoin ASIC-type excavator worth tens of thousands of dollars apiece. Besides best graphics cards for mining cryptocurrency in 2021 year too expensive. Instead, we'll look at the functions, which the best card for mining should have, so that ordinary people can join a group of "crypto-miners" at home and become part of one of the mining pools or services, offering cryptocurrency mining programs.

Cryptocurrency mining video cards – what to look for when choosing

Before we start discussing mining graphics cards and analyzing their functions, useful to know, which aspects are most important, when it comes to mining. Here are some tips on how, what to look for and how to assess the suitability of a card for GPU mining, before making a purchase. There are several factors to consider here..

The price of a video card for mining

Cryptocurrency mining can be quite expensive due to resource intensity. Electricity is consumed in huge quantities, and the difficulty of mining increases with each person, joining the pool, meaning, which also requires a lot of processing power. Considering the increased costs, keep in mind, that the price of a GPU for mining should be one of your top priorities.

Currently, a typical cryptocurrency miner is built around multiple GPUs, to have more power and profit. The cost of each video card may vary, and you decide how much to spend. Prices range from 5000-1000 thousand hryvnia for a used card up to several tens of thousands for top equipment.

The best solution would be to choose, what's on the middle shelf. In this way, you won't pay too much. note, Nvidia or AMD graphics cards, presented in our top below, probably, will be a worthy product, which will allow you to enjoy satisfactory performance.

Electricity consumption

Electricity consumption is a big problem in the case of video cards for mining, and the more energy is used, the more heat is generated. Both of these problems can be solved without using a powerful GPU..

Choose a low or medium power graphics card, if you don't want to worry about these issues or spend extra money on advanced cooling technologies. However, note, that the hashing power of the map in this case will be lower, and, Consequently, profit won't be so impressive.

Hashrate – the power of a video card for mining cryptocurrencies

Processing power – this is also a very important factor, determining efficiency, from which the video card extracts cryptocurrency. GPU type and algorithm, which the coin uses, are also important components. so, if you do not have a specific plan for mining coins, probably, it is best to buy a graphics card with high total processing power, which will make it useful for a much wider range of hashing algorithms.

Graphics card warranty

Cryptocurrency mining alone won't hurt your graphics card anymore, than games or other high-performance tasks. However, your graphics card will need to run under constant load., while you choose mining, therefore, for your safety, we recommend buy a video card with a longer warranty, at least, 2 of the year.

Best graphics card for cryptocurrency mining

Let's start putting together our recommended list of video cards as a game., and for cryptocurrency mining.

Nvidia RTX 3080

Nvidia RTX advantages 3080:

• “beast” among the video cards from our list, can reach impressive speed 96 Mh / s;
• ideal choice for the platform, where the focus is on space and heat dissipation.

disadvantages:

• high price. Yes, this card can give an excellent hashrate result, but at high cost it may take some time, to recoup your investment.
• consumes significant power – 320 W.

Mining video cards – Nvidia RTX 3070

Nvidia RTX advantages 3070:

• despite, what 3070 is still a good choice, obviously, that it is not as effective as 3080, but still provides stable 60 MHz / with.
• power consumption is a little more modest here – 220 W.
• the biggest plus here – this is price-quality ratio, which is a great motivator for assembling excavators with these cards.

Card for cryptocurrency mining – Nvidia RTX 3060 Ti

Nvidia RTX advantages 3060 Ti:

• best in 3060 Ti – It `s that, that it gives almost the same mining speed as 3070, and consumes everything 200 W.

Nvidia GTX 1660 6 GB Ti

GTX 1660 6 GB older graphics card for mining using DDR6 memory. For some, this is a good budget option., since these cards are cheap and consume much less power – Total 86 W.

Benefits of Nvidia GTX 1660 6GB Ti:

• what do miners like about this GPU, so is, that it is relatively cheap
• can be used for mining a variety of algorithms
• another advantage – the card does not consume a lot of electricity, like many other GPUs on the market.
  Disadvantages of Nvidia GTX 1660 6GB Ti:

AMD RX 6800 and 6800 XT

RX 6800 and 6800 XT – great choice from AMD. If you are interested in a GPU miner, you, probably, want to stop at 6800, as the XT is slightly more expensive and offers almost the same performance.
At a speed of about 60 MHz / with at 167 W this card is neither the best, not a bad thing on this list, and so might be a good choice depending on your configuration.

AMD Radeon VII

Now we will describe the equipment for crypto mining, which many would simply call the best AMD graphics card – Radeon VII. This is a map, which took AMD to a whole new level, when it comes to mining cryptocurrencies on your computer, as it provides a huge hash rate 90 MH / s without any overclocking.

Advantages of AMD Radeon VII:

• one of the most powerful cards available with a core clock speed 1400 MHz, 16 GB memory and memory bandwidth 5 GB / with. Of course, huge power also requires a lot of electricity to operate, therefore, an excavator with such graphics cards should not be used without proper cooling.

 AMD RX Vega 64

RX Vega 64 – This is AMD GPU, which was released in the middle 2017 of the year, but still considered one of the best GPUs for mining the Cryptonight algorithm and its derivatives.

AMD RX Vega Benefits 64:

• you can get great profits, especially if you decide to mine coins, such as the private cryptocurrency Monero (XMR), which is one of the most popular cryptocurrencies for those, who values ​​anonymity . but, if you are not interested in XMR, it is worth noting, that this card is also one of the best GPUs for Ethereum mining (ETH), which is the largest altcoin in the world by market capitalization.

AMD RX 5600 XT

The last offer on our list, but, of course, not the weakest. We present another graphics card, which many consider to be an excellent choice for cryptocurrency mining: AMD RX 5600 XT .

AMD RX Benefits 5600 XT:

• a graphics card that is more suitable for buyers on a budget. Hashrate over 37 Mh / s makes her the best choice, than the aforementioned GTX 1660 Ti. Although it is a little more expensive

findings

In this way, we have completed a short comparison of video cards for mining cryptocurrency in 2021 year. How view, there is a wide choice on the market, and we have just outlined some of the options. Perhaps, also worth considering Radeon 5700 XT, value for money which is also very good, but availability is low.

Remember, that although bitcoin mining at home is slowly becoming a thing of the past, the world of cryptocurrencies offers many interesting altcoins, based on various Proof-of-Work mining algorithms. but, deciding to get an alternative niche cryptocurrency, you must check its liquidity and availability on at least one popular exchange.