July 30, 2020

5 Best Mining GPUs for 2020: Low Consumption and Best Efficiency

Graphic cards are the main devices that are used for mining. It is not a surprise: most GPUs have good prices and high efficiency. There are plenty of options on the market, but which of them is the best? We prepared a list of the 5 best GPUs for mining in 2020.

5 Best GPUs for mining in 2020

Our list is based on several factors:

  • Efficiency of the device
  • Price
  • Consumption
  • Potential returns per day

We shall have a look at graphic cards at different price ranges so that every crypto miner can find something for himself.

GTX 1080 Ti

The GTX 1080 Ti is one of the most powerful cards for mining. However, it comes at a price. This monster consumes 250W, and it might eat into your earnings. If you live in a country with cheap electricity, then there is nothing to worry about.

The price of the card can easily reach $1000. It is possible to find many options for $600 or less. A lot depends on the card type, its memory capacity, and many other details. One of the best options are the Nvidia ones.

The GPU shows great performance in Ethash and Zhash: 49.5 Mh/S and 86 H/S. It is good for mining all sorts of coins: Ethereum, Zcoin, Beam, Grin, and more. The maximum profit that can be made in one day is almost $1 by mining BEAM.

GTX 1070 Ti

Not surprised, huh? Well, the GTX 1070 Ti is more than two times cheaper than the previous model. A GPU from Nvidia will normally cost around $300. Although some users complained that they had encounter troubles with software that led to the falling of the hash rate. These problems can be easily fixed manually. In addition, a lot of software has already been updated to solve these issues.

GTX 1070 Ti has somewhat lower performance results: 30.5 Mh/S on Ethash and 59 H/S on Zhash. The consumption is also much lower than in the 1080 version: only 180W. With this graphic card, you can mine Ravencoin, Zelcash, Beam, and many other cryptocurrencies. The highest amount you can earn in one day is for Zcoin – $0.80.

GTX 1060

The GTX 1060 graphic card is one of the cheapest on the list. It is very accessible and is the best choice if you are tight on money. You can find this GPU for around $200 on the market. It is not much cheaper than the 1070 model, but it is better to have this one than nothing at all.

Keep in mind that you will have to buy the 6GB version because the 3GB cards do not support Ethereum and Aeternity mining. The GPU consumes only 120W. The performance is not great, but at least it is not the weakest among all. On Ethash, the hashrate is 22.5 Mh/S, while on Zhash, the number is 32.5 H/S.

You can mine all kinds of coins including Metaverse, Expanse, Beam, and others. However, do not expect to have gigantic profits. Your limit is $0.39 with Zcoin.

AMD Radeon RX580

Another cheap yet efficient option is the AMD Radeon RX580. The GPU normally costs around $250 depending on demand. Its performance can reach up to 29 Mh/S. No, you will not have to destroy the device by overheating it. This graphic card can run efficiently at low temperatures. Therefore, you even save money on cooling systems.

The power consumption is quite big – 185W. Another drawback is that miners often buy the GPU as soon as it becomes available because of its efficiency.

Nvidia GeForce RTX 2060

The RTX 2060 has made quite a commotion after its release. However, it is not much better than the 1070 Ti version. You can find the RTX 2060 for around $500, depending on the model.

It has a surprisingly low power consumption: just 160W. Its performance on Ethash is 25.8 Mh/s. This is enough to make a stable $16.50 income every month in Zcoin. It is also possible to mine Grin, Ethereum, Vertcoin, Beam, and other coins.

Is cryptocurrency mining still a thing?

Although many mining farms lose their possibility to earn on Bitcoin, there are still many other cryptocurrencies that do not require an ASIC to be mined. We have already mentioned many coins when describing the capabilities of each GPU. This is only the tip of the iceberg. In reality, there are plenty of other options.

Crypto mining is profitable only if you know what you are doing. It is not going to bring superb profits if you mine on a single GPU. However, this can be a way to earn some additional money while you are not using your PC.

Another important point is that crypto mining consumes a lot of electricity. Therefore, if the electricity in your country is expensive, there might be no sense in getting a mining rig. Serious investors create their “farms” in countries with cheaper bills: Iceland, Georgia, and others.

Conclusion

When choosing a GPU for mining, you must always consider both potential profits and expenses. Otherwise, you might get an unpleasant surprise in your monthly electricity bill. Also, your understanding of mining is very important so you can properly set up the software. Every GPU needs to be tweaked properly to bring the most profit.