Rating of the best video cards for mining in 2024

The rapid growth in the rate of cryptocurrencies makes many people think about getting profit by mining. Mining digital coins is becoming more and more popular among people who have enough funds to carry out such operations. Mining is a method of crediting one or another electronic currency using computer equipment to a user's account.

Beginning of work

Before starting work on mining cryptocurrencies, it is worth answering the following questions as truthfully as possible, because the whole process depends on it, in addition, mining is not a cheap pleasure and you can go bankrupt here just like in any type of business.

1. Will the home's electrical wiring allow for powerful computer equipment running 24 hours a day?
2. Where will the mining farm be built? Keeping a constantly ringing and hot apparatus in your room is a bad idea.
3. Is it possible to assemble a computer on your own?
4. Do you have enough skills in installing the operating system and additional software?
5. Is it possible to correctly compare revenue and expense? Because mining requires a large investment of funds without insurance of their return.

If there is a positive answer to all these questions, then you can think about the extraction of cryptocurrencies, but, again, it is worth starting work after a thorough study of the issue.

Types of cryptocurrencies

Cryptocurrency is a cipher in the form of a program code. Today, such currencies include more than 200 denominations, not counting those that have non-working assets. The first three currencies in the virtual world are as follows:

• Bitcoin - the emission of this currency is announced at the level of 21 million and today it has not yet been reached;
• Ethereum is a currency with a small history, but already consistently generating income;
• Litecoin - This currency was invented as an analogue of silver in the digital world. Unlike bitcoin, which is quoted as the equivalent of gold.

On virtual exchanges, the exchange rate of a particular currency is constantly changing, so if you want to get a stable income, then you need to carefully monitor the behavior of all currencies. In this case, it is necessary to carry out calculations and remove the "dummy" currencies. They may have a certain course at the beginning of their journey, but over time they disappear without the possibility of recovering the miner's funds.

Types of earnings

There are several ways to earn digital currency. The main methods are:

1. Purchase and sale. All types of cryptocurrencies can be purchased for real money on certain exchanges or exchange sites. By purchasing coins at the beginning of growth and observing the rate, if it rises, you can make good money on the sale.
2. Investments.Earnings on the exchange rate. By investing your share of bitcoin in a common cause, you can earn a little more, again on exchange rate fluctuations.
3. Cloud mining. Payment for outgoing capacities of large data centers that specialize in the extraction of cryptocurrencies. At the same time, earnings go to the machine, the user is required to pay on time for power. Prices for such services are quite high, but even by investing these funds, no one will give a 100% guarantee of receiving a net income.
4. Mining. A method of extracting currencies in an independent way using personal computer equipment. At the same time, mining requires modern and powerful hardware.

There are advantages and disadvantages in all types of earnings. The choice for a beginner miner is huge, and it is better to analyze all possible methods before starting work. Also, with an investment method of earning, you can easily fall for scammers.

How to make money from mining in 2024?

The organization of mining earnings occurs in 2 ways:

• Solo is a type of mining with self-purchased equipment. In this case, all the funds obtained remain for themselves.
• Extraction in pools. This is the kind of work of several users combined into a single chain. In this case, the division of income proceeds according to the declared capacity.

Any organization of such earnings implies the presence of certain computer equipment. This includes processors, video cards and a special device called ASIC.

The main advantage of ASICs is that this is a ready-made product for earning cryptocurrencies; they have not only hardware, but also software. Simply put, they are ready to mine currencies immediately after installation. The main disadvantage of such equipment is its high price and, as a result, a long payback time.

To start mining, experts recommend installing a "farm" of video cards and trying to work with less valuable currencies.

Review of video cards for mining

Not all video cards produced are suitable for mining digital currencies. The main selection criterion is a lower degree of consumed electricity when the equipment is operating around the clock, otherwise all earnings will go to the bills of utilities.

In addition, it makes sense to purchase up-to-date video cards of the latest models. In the event of a refusal to work or the development of a card, such equipment can be easily sold and returned the investment.

The highest performance indicators were shown by cards based on AMD and NVidia technology, these and other GPUs will be the subject of this review. The analysis includes technical parameters and price.

8th place: Radeon RX 470

The most important characteristic for a mining card is the time it takes for the user to recoup it. This card has a memory capacity in the range of 4-8 GB and a frequency that is 1270 MHz. This card will pay off in about 4 months, taking into account electricity bills.

As for the main parameters, this video card is almost no worse than the RX 480 model and during the "boom" it became a completely rational analogue for users who did not have time or could not buy the 480 model for their own needs.

In addition, there is a good secondary market for the RX 470 video card, and difficulties with overheating the core during regular load are rare.

The performance of these graphics cards has long enjoyed an impeccable reputation, so buying a Radeon RX 470 model will not make the user 100% regret buying.

The average price is 8,300 rubles.

Specifications:

Parameter	Value
Video processor frequency	926 MHz
Memory type and capacity	GDDR5 4096 MB
Video memory frequency	7000 MHz
Bus width	256 bit
Number of universal processors	2048
Power supply unit	300 watts

• Gives 30 hashes;
• The cost is several times cheaper when compared with other cards;
• It consumes 50 to 70 W less power when compared to the 580 series.

• Only 12 months warranty;
• Not in high demand.

7th place: GeForce GTX 1080 Ti

The GeForce GTX 1080 Ti is a regular contributor to various top mining cards, and this rating is no exception. Its hashrate ratios are inferior to top-end video cards, but the lower price, when compared to premium cards, brings the same level of return.

The NVidia corporation made a model for games, but the cryptocurrency miners very quickly found a place for it. Due to its excellent performance and low power consumption, the card is a good solution. The advantages of the board include the limiting hash rate, and among the minuses in the reviews, they note a high cost.

The coefficients of the video card fully comply with the requirements for mining digital coins GPU GP102, high speed GDDR5X memory. The required power supply is 600W, and the temperature limit is 84 degrees. According to the test results, the hash rate fluctuates around 31.8 Mh / s, and overclocking increased this ratio by 12 percent.

The average price is 51,500 rubles.

Specifications:

Parameter	Value
Video processor frequency	1556 MHz
Memory type and capacity	GDDR5X 11264 MB
Memory frequency	11000 MHz
Bus width	352 bit
Number of universal processors	3584
Power supply unit	600 watts

• Nice design;
• Excellent quality of workmanship and increased stability of the main components;
• Thoughtful implementation of the backlight;
• Effective cooling system, which in addition can be replaced if necessary;
• Low noise level even at very heavy loads.

• Not detected.

6th place: GeForce GTX 1070 Ti

Another, not entirely new card, released a couple of years ago. It has lower parameters when compared to the GTX 1080 Ti, but it is still a good board for gaming, it can actually be safely used in the mining of cryptocurrency. The main advantage of the board is the excellent match between cost and quality, and even better energy efficiency when compared to the GTX 1080.

Oversized graphics cards with efficient power supply and backlighting. The performance has been improved by 3 times when compared to the previous generation boards.

The hash rate at the factory settings is 26.3 Mh / s, individual overclocking increases this coefficient. Better performance during tests. For example, during ether mining, a performance of 31.7 Mh / s was obtained, and the power consumption was 110 watts. Enhanced cooling increases the durability period. 3 fans are activated only after reaching 64 degrees, they function quietly.

The recommended power supply unit is 500 W, and the technological characteristics are suitable not only for miners, but also for gamers. The farm will generate an income of $ 13.07 per day.

The average price is 45 600 rubles.

Specifications:

Parameter	Value
Video processor frequency	1607 MHz
Memory type and capacity	GDDR5 8000 MB
Video memory frequency	8192 MHz
Bus width	256 bit
Number of universal processors	2432
Power supply unit	500 watts

• High quality cooling;
• Excellent performance;
• There is an overclocking potential;
• Strong, but at the same time, silent coolers;
• Trendy appearance.

• Weak degree of hashing at the factory parameters;
• It consumes a lot of energy;
• High cost when compared to other models.

5th place: GeForce GTX 1080

An excellent video card with 8 GB of GDDR5X memory on board. The performance of the model is referred to as acceptable - 180 W. This card will provide 507 Sol / s for Zcash currency miners, but for Ethereum mining, the NVidia board is not the best choice, since the hash rate is no more than 24 MH / s.

The average price is 46,800 rubles.

Specifications:

Parameter	Value
Video processor frequency	1657 MHz
Memory type and capacity	GDDR5X 8192 MB
Memory frequency	10010 MHz
Bus width	256 bit
Number of universal processors	2560
Power supply unit	500 watts

• Perfect match between power consumption and performance;
• Nice design;
• Silent cooling system.

• The food is located at the top;
• Rear panel missing.

4th place: GeForce GTX 1060

Small memory capacity, fluctuating between 3-6 GB, affects the power - the GTX 1060 only provides a hash rate of 20 MHz / s, but the frequency is 1800 MHz. The developers confidently highlight the workmanship and durability of the board.

The model was in demand even before the sensational growth of digital coins, and therefore even today, despite the much lower performance, when compared with the new series video cards, it is being bought up perfectly. The GTX 1060 is not the best board for Ethereum mining, but it is still a very reliable and high quality solution for most miners.

Users consider these high-quality, fast-paying motherboards with extended overclocking potential to be profitable. The temperature of the model is 68 degrees, it stably maintains a value from 50 to 60 degrees. The memory bus performance limits. With overclocking options, lower power consumption and lower electricity costs, these cards control the dynamics of the hash rate to prevent sudden drops.

In terms of price and performance, this Equihash GPU is listed as acceptable.

The average price is 22,300 rubles.

Specifications:

Parameter	Value
Video processor frequency	1506 MHz
Memory type and capacity	GDDR5 6144 MB
Memory frequency	8000 MHz
Bus width	192 bit
Number of universal processors	1280
Power supply unit	400 watts

• Cost;
• Low energy consumption;
• Good cooling system;
• Perfect for mining libra and zkash.

• Weak mining speed of Ethereum and decree compared to the flashed 470.

3rd Place: GeForce GTX 1070

GTX 1070, despite its own advancement, when compared with other motherboards, cannot stand out, in particular, in terms of the payback period. It is produced with only 8 GB of memory, has a maximum speed of 28 Mh / s, but all this is probably too expensive today for one card. As a result, for it to pay off, the user will have to endure about 150 days.

The model, which successfully showed itself in the ether mining, undoubtedly, rightfully takes the 3rd place in this rating.

The Pascal architecture, which is typical for all GeForce 10 ** video cards and which gives an opportunity to get 3 times better results, makes the card almost inaccessible to competitors from AMD. It is important to note that this technical solution is the most widespread among digital coin miners all over the planet, and therefore the user will have to pay a considerable amount for its purchase.

This solution is more suitable for users who do not want to "invent a bicycle" and can afford to buy several such video cards.

The average price is 27,000 rubles.

Specifications:

Parameter	Value
Video processor frequency	1506 MHz
Memory type and capacity	GDDR5 8192 MB
Memory frequency	8000 MHz
Bus width	256 bit
Number of universal processors	1920
Power supply unit	500 watts

• Quiet and efficient cooling;
• Three-year warranty;
• Dual BIOS system;
• Stylish lighting;
• 8-pin power supply.

• Dimensional 3-slot cooling;
• Dimensions and weight;
• Lean equipment.

2nd Place: GeForce GTX 1050Ti

1050 Ti is the most budget-friendly solution from this rating. It should be borne in mind that the profit from one such board will be relatively small, but if the rate of the rate of such digital coins as Ethereum and Zcash increases, then even taking into account the cost of electricity, it is quite possible to recoup the price of the board and make a profit.

They are based on the Pascal architecture and guarantee 3x faster performance when compared to previous generation processors. Most importantly, they use significantly less electricity. It is no wonder that following the sudden rise in the rate of digital coins, the demand for these boards has become incredible.

This card will appeal to beginners who want to start mining cryptocurrency and experience the crypto economy for themselves. This card is definitely not recommended to be installed on a massive farm, but it does great results at home. If the user missed the sudden rise of digital coins but still wants to mine, then the GTX 1050 Ti is a pretty good solution.

The average price is 11 800 rubles.

Specifications:

Parameter	Value
Video processor frequency	1341 MHz
Memory type and capacity	GDDR5 4096 MB
Memory frequency	7008 MHz
Bus width	128 bit
Number of universal processors	768
Power supply unit	300 watts

• Production speed;
• Power consumption;
• Cooling system;
• Cost;
• Build reliability.

• Fans are calibrated at 80 degrees;
• Noises.

1st Place: Radeon RX 580

AMD's GPUs are also in demand, as are NVidia's boards. Due to their own low cost (usually, AMD video cards cost less when compared to GeForce products), the Radeon RX 470 and 480 disappeared from retail in a matter of seconds following the rise in the BTC rate.

Users who want to build a productive mining farm with a normal degree of power consumption should pay due attention to the Radeon RX 580 model. It has great overclocking potential, which allows to improve the parameters not only of the chip, but also of the installed high-speed GDDR5 memory, the capacity of which is 4 GB.

The Radeon RX 580 differs little from the previous top participant, despite the fact that the technological characteristics of this model are slightly better. This is a frequency of 1257 MHz, which can be overclocked to a value of 1340 MHz, and an updated version of the Polaris 20 core, which replaced the Polaris 10, which has a similar composition of computing units. RX580 is a more up-to-date video card, therefore its cost is slightly higher than its predecessor.

The average price is 15 400 rubles.

Specifications:

Parameter	Value
Video processor frequency	1366 MHz
Memory type and capacity	GDDR5 8192 MB
Memory frequency	8000 MHz
Bus width	256 bit
Number of universal processors	2304
Power supply unit	500 watts

• Use of the instinctively understandable and easy-to-use Radeon software;
• Adaptive energy saving under load (during mining);
• The ability to synchronously use a number of planks to increase the hash rate and increase ROI;
• Decrease in average temperature with Radeon Chill enabled;
• Fresh cooling design.

• Noise.

Detailed comparative analysis of video cards in video:

Subject to the correct construction of farms, the full payback of the equipment takes from six months to infinity. At the same time, the amount of 100 rubles per day is considered a rather large income from the farm. For those who think that the profitable part will be higher and gold will flow like a river, this type of earnings as mining is not suitable.

In connection with the increased interest in cryptocurrency mining, the demand for video cards has increased dramatically. Therefore, special cards for mining were released, which do not provide for displaying on the monitor. Their advantage is the price is lower than that of conventional video cards, and the increase in operating frequencies. The disadvantages include the inability to go to the screen. In addition, such cards will be sold to major players in the mining industry.

When deciding which video card for mining is best to choose in 2024, you need to focus on the model that will pay off the fastest. Thus, the purchase of high-end graphics cards may not be justified due to their high cost, high power consumption and low performance.

Mining farm

A mining farm is a computer that has high power and is configured for operations to calculate the code. In principle, a mining computer is very similar to gaming models, but with a large number of video cards connected to each other on special rigs. Special attention is paid to the power supply and the motherboard.Without enough slots, a motherboard can become unusable for mining.

Mega - designs of 6 video cards may require 2 power supplies to avoid overheating and fire. The cooling system is also important, with active participation in the air, all equipment can heat up to 100C⁰, which ultimately leads to its failure. Not all graphics cards can boast of sufficient cooling, so additional coolers on the mining farm are mandatory hardware components.

In addition, you will need a hard disk with sufficient space for installing programs and the operating system, as well as RAM, which is capable of solving software problems without failure. Usually 4 gigabytes is enough for mining, but this is not the limit, and the higher the memory, the faster the operations will take place.

Video instruction for assembling a mining farm:

Software

You can start the mining process on a standard Windows system, it automatically selects drivers for the hardware, but you can also use Ubuntu. Currently, the question of what kind of mining software is needed is decided by everyone for himself, depending on how the mining takes place: solo or using a pool.

According to the latest reviews, mining in solo mining has slightly reduced its profitability, and most miners prefer to merge, or switch to the cloud mining option. Thus, part of the work of the equipment in the idle version is smoothed out.

Cloud mining

Let's take a closer look at this method of mining coins, as "cloud mining". The point of making this plan is that large firms with mining equipment are leasing their facilities. This type of mining saves time and money for buying personal equipment, but investments in such programs come at a high price.

It is also a great place for scammers to work. Therefore, if there is a desire to get involved with such schemes, it is worth weighing and rechecking everything many times. Otherwise, by investing funds, you can get the impossibility of their withdrawal.

General Tips

Before getting started, the following tips come in handy:

1. The general idea of ​​mining combines the maximum reduction in money costs for hardware and equipment with full farm performance.
2. It is not for nothing that mining equipment has the name "farm". You will have to follow her for many hours a day. At the same time, make a correct analysis by calculating the risks on a calculator.
3. Bitcoin, as a currency for mining with an independent form of earnings on your own farm, has lost its profitability today. It is better to pay attention to currencies with low difficulty of production.

4. Mining bitcoin by the "solo" method can become profitable, provided that its rate is above $ 5,000.
5. The production of lesser known currencies must be constantly monitored for exchange rates. It is advisable to exchange them for a dollar or bitcoin after receiving them, because no one knows how such a currency will behave in the future.
6. The ability to buy modern graphics cards at a wholesale price can reduce the costly part of a business plan.
7. In any case, you should not start mining without full confidence in the result, but in order to get it, you need to understand the essence of the issue as much as possible.
8. When planning income by mining, all experts warn not to get involved with credit obligations. Interest rate payments will cover all income in one fell swoop, and since mining is a type of earnings for the future, there is a risk of getting into a big debt hole, from which it will be almost impossible to get out.

Mining is not a passive form of income - it is a lot of work to study the market for demand for a particular currency, equipment costs and electricity bills. But at the same time, with a competent approach, you can get income in the form of a currency that has the ability to greatly improve its position in the market, and therefore, bring the expected dividends.

Video tips for making money from cloud mining: