What is Best GPU for Mining Bitcoin

What is Best GPU for Mining BitcoinThe increasing volume of crypto money all over the world has also caused mining to earn serious money. Cryptocurrency mining has also become attractive, as Bitcoin saw $ 60,000, Ethereum saw $ 1,800, and other sub-coins increased by 100s. People want to balance the losses caused by the pandemic conditions with the production of crypto money. However, the fact that the price of the RX 580, which was 1700 TL in November-December, is now around 6500-7000 TL, has shown everyone that this business has made money. In different mining pools, people produce crypto money with their graphics cards on their computers or Rig systems with 6 or more graphics cards. 

The more fans your graphics card has, the more advantage you can have in the mining business. 3-fan or 2-fan systems are the models you should prefer. You can provide sufficient cooling with single fan graphics cards, but many people say that single-fan models are not durable for mining.

Now let’s take a closer look at the most advantageous graphics cards in mining according to the market situation.

AMD RX 580 8GB Graphics Card Mining

Although it is not a current card, the first graphics card that comes to mind when it comes to mining is of course the RX 580 model. This model has an average transaction volume of 30 MH if you are mining Ethereum. Zero prices in the market are around 6000-7000 TL on average. It can be found as second-hand for around 5000 TL. It should be noted that the RX 580, which is a good graphics card in terms of price-performance due to its high excavation power, is definitely a graphics card that is worth its money when purchased at affordable prices. When we look at the sellers in other countries, I will not go without saying that the RX 580 model has risen more than necessary in our country. If we look at the current prices and if the Ethereum excavation difficulty does not increase, 1 RX 580 model will pay off on average in 6 months.

AMD RX 5600 XT 6GB Graphics Card Mining

Another AMD graphics card is the RX 5600 XT 6 GB model. The digging power of the RX 5600 XT is approximately 42 MH. When we look at the current prices, this model, which is rare in the market, can be purchased around 8000-9000 TL. RX 5600 XT is one of the most preferred graphics cards with its low energy consumption and high excavation power. For example, instead of 4 RX 580s, it will be more advantageous for you to buy 3 RX 5600 XT models and mine. Since the RX 5600 XT is an up-to-date graphics card, you can choose it instead of the RX 580, as it is a graphics card that you can dispose of with less damage during the period when the crypto money income decreases.

AMD RX 5700 XT 8GB Graphics Card Mining

AMD RX 5700 XT model graphics card is one of the most preferred models in mining. When we look at the current prices, it has prices between 12,000-15,000 TL. The second-hand condition is around 8500-10000 TL. The excavation power of the AMD RX 5700 XT 8GB model is approximately 54 MH. The RX 5700 XT 8GB, a card we can recommend for those who are just starting this business, is currently between 13,000-14,500 TL. Another reason we recommend the up-to-date graphics card is that you can close this gap with minimum loss when mining revenues decrease or you have to sell urgently.

Nvidia Geforce 1660 Super-Ti 6GB Graphics Card Mining

1660 S or Ti series graphics cards are also one of the most frequently used cards in cryptocurrency mining due to their low power consumption and the digging power up to 30 MH. We can say that the card, whose performance is almost the same as the RX 580, is one step ahead of the RX 580s due to the game performance, power consumption and Nvidia infrastructure. These graphics cards, which you can easily find buyers between the RX 5500-5600 XT series due to their gaming performance, are also suitable for mining. When it comes to prices, the 1660 s model, which is around 6000 TL, will not upset you in the mining field to choose the 1660 Super or Ti models, which were released a year ago, instead of the RX 580, which came out at exorbitant prices 4 years ago.

Nvidia GTX 1060 6GB Video Card Mining

The 1060 series graphics cards with 6GB ram, which we need to confuse with the 1060 3GB model, also reach 22 MH digging power. The 1060 6GB zero models are not available on the market at the moment. The second hand status of the 1060 series, which is a fairly old graphics card, is currently between 3000-4000 TL. The most important point to note here is, for example, the price of 4 second hand RX 580 8 GB is approximately 20 thousand TL. 4 RX 580 excavation power average 120 MH. We can buy 6 units of 1060 for a budget of 20 thousand TL. We take 132 MH as excavation power. Can be used instead of the RX580 without the second hand warranty. The RX 580 models, which are currently sold second-hand on the internet, may have previously crossed with mining. Therefore, if you have a limited budget, you can go for the GTX 1060 6 GB model.

Nvidia RTX 3080 Graphics Card Mining

RTX 3080, one of the graphics cards with the highest excavation power in the market, attracts attention with its ultra expensive price, excavation power and high energy consumption. Most of those who are mining abroad have reached the level to set up a farm from this graphics card. Considering that 100 MH rigs are sold in our country, you can have approximately 100 MH excavation power with the RTX 3080 graphics card alone. The market of this graphics card, which is in the price range of 25.000-28.000 TL, is a bit scary. Although it is not preferred much when comparing performance and price, we think that it is a product that will not lose its value not only for mining but also in other cases.

In addition to the best graphics cards to be mined, if you have models to add, you can share them with us in the comments section. We calculated the digging power of the graphics cards from the data on the site.

It is said in Bitcoin exchanges and groups that the high amounts from mining will decrease in the next two months and the mining business will lose its attractiveness. Since graphics cards are among the most important parts of computers, it is useful to choose carefully, if you are going to buy second-hand, at least if you are going to invest a certain budget in this business, it is useful to consult a person who is as knowledgeable about hardware as possible. All of these suggestions are related to the choice of graphics card and are not investment advice.

 How To Mining ethereum With A Single Graphics Card?

If you are looking for the answer to the question of how to do ethereum mining with a single graphics card , you are in the right place. Recently, Elon Musk tweeted about Dogecoin and the value of Dogecoin had risen enormously within seconds. Later, with the purchase of $ 1.5 billion in Bitcoin on behalf of Tesla and other companies, he quickly made the cryptocurrency world popular again. With the increase in the value of Bitcoin, the value of many cryptocurrencies such as Ethereum has also risen rapidly.

The cryptocurrency mining return quickly got people excited and people started mining with 6-10 graphics cards. With the increasing demand for graphics cards, prices have suddenly increased 2-3 times. For example, the zero of the RX 580 graphics card, which you could buy for 1750 lira 1 month ago, is now sold for 6000-7500 TL.

Let’s take a quick look at how to mine cryptocurrency or bitcoin, where you can earn money based on the brand of your graphics card and the volume it produces on a daily basis.

What Crypto Money Can I Mining?

If the video card you are currently using is 6 GB or more, you can go to Ethereum. Currently, Ethereum mining is the most popular among cryptocurrencies. Depending on the performance of your graphics card , you can earn $ 4 or more per day . Video cards with 4GB ram are no longer used in Ethereum mining .

If your graphics card has 4GB of RAM , don’t worry. Mining of other cryptocurrencies such as Ravencoin with 4GB graphics cards is still in progress. It has a slightly lower return than Ethereum. However, you can still earn up to 3 dollars a day with your graphics card, which is in good condition in the market.

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