Last Updated on January 3, 2022 by ViCadia
In the last quarter of 2020, Bitcoin (BTC) and Ethereum (ETH) cryptocurrencies experienced some serious price growths. This made cryptocurrency mining a profitable business once again, and caused an increased demand for crypto mining hardware. In this quick guide, we’ll take a look at the best graphics cards for crypto mining in 2022.
For mining cryptocurrencies such as Bitcoin or Ethereum, you don’t have to own a high-end graphics card. Of course, having more power means you’ll able to generate money more quickly, however, if a graphics card comes with a high price tag, that doesn’t necessarily mean it will perform good while mining crypto. All good mining GPUs must have enough power and memory to perform numerous calculations simultaneously, while at the same time be as much energy efficient as possible to be profitable. Some of the key metrics that determine whether a GPU is good for mining are its compute performance, and hashrate. The higher these two values are, the better will the card be at mining crypto.
In 2021, cryptocurrency mining became an extremely profitable business. This is why finding brand new graphics cards in stock has become very difficult, since demand for them is incredibly high. However, this doesn’t mean it’s too late to start mining, In fact, you still have good chances to make some serious profits in this business. Provided that you start mining today, in the near future you might be able to make a small fortune if prices of cryptocurrency coins continue growing. However, in order to do that, you’ll need to invest in a capable graphics card. Here are our top picks for the best cryptocurrency mining GPUs in 2022.
Best for Altcoins:
Best Overall: NVIDIA GeForce RTX 3060 Ti Founders Edition
Boost Clock: 1665 MHz | Memory: 8GB GDDR6 | Power Connectors: 1 x 8-pin | Outputs: 3 x DP, 1 x HDMI
- Stellar mining performance
- Incredible power efficiency
- Runs cool and quiet
- Also good for mining altcoins
- Extremely limited supply
When it comes to mining cryptocurrencies, the GeForce RTX 3060 Ti is the holy grail of mining graphics cards. It is without a doubt the best mining GPU ever made, since it can deliver outstanding Ethereum mining performance (around 60 MH/s), and it gains nearly the same revenue from mining altcoins compared to its AMD counterparts. Consuming only 130 W of power, the RTX 3060 Ti is hands down the most efficient mining GPU, beating even the mighty GeForce RTX 3080 and the RTX 3090.
Unfortunately, finding the RTX 3060 Ti is next to impossible these days. Many AIB manufacturers have also started producing RTX 3060 Ti cards with built-in cryptocurrency limiters (LHR), meaning that these cards aren’t delivering the same mining performance as the first generation RTX 3060 Ti cards. This means that your best bet obtain the non-LHR RTX 3060 Ti is to get the Founders Edition model straight from NVIDIA. From time to time, the NVIDIA RTX 3060 Ti FE can be found on Amazon, so be sure to check out this page frequently, as we update the links quite often.
Runner-up: XFX Radeon RX 580 GTS XXX Edition
Boost Clock: 1386 MHz | Memory: 8GB GDDR5 | Power Connectors: 1 x 8-pin | Outputs: 3 x DP, 1 x HDMI, 1 x DVI
- Very good mining performance
- Can mine all sorts of crypto coins
- Easy to overclock and undervolt
- Lots of BIOS mods
- 8GB of VRAM
- High power draw at stock settings
- Not suitable for 1080p gaming on high settings anymore
The AMD Radeon RX 580 is an oldie, but it’s definitely a goodie. From mining Ethereum and RavenCoin, to Ergo and Metaverse, the RX 580 has been one of the most popular cards among cryptocurrency miners for years. And how it wouldn’t be? Featuring 8GB of GDDR5 VRAM, a very compute-oriented graphics chip based on the GCN 4.0 (Polaris) architecture, and 6.2 TFLOPS of FP32 performance, this card had everything to efficiently mine cryptos ever since it was first launched in 2017. Yes, its 1080p gaming performance wasn’t overly impressive, but for many miners that didn’t matter.
Even today, the RX 580 is still a pretty decent GPU for mining (especially since non-LHR GeForce RTX 30 series cards are no longer available for purchase). With certain tweaks, and custom BIOS mods, this card can deliver up to 33 MH/s on Ethash algorithm while consuming only 75 to 95 watts of power. This means that the RX 580 can mine as efficiently as the GeForce RTX 3060 Ti on stock settings, but for a lower power consumption. Another great thing about the RX 580 is that this card prefers to run undervolted, meaning you can easily increase its efficiency by simple software tinkering. Due to a very high demand, the RX 580 is nowadays quite overpriced, but given how good it mines, purchasing one of these still tends to be a profitable investment.
Best for Altcoins: ZOTAC Gaming GeForce RTX 3060 Twin Edge OC
Boost Clock: 1807 MHz | Memory: 12GB GDDR6 | Power Connectors: 1 x 8-pin | Outputs: 3 x DP, 1 x HDMI
- Great for mining altcoins
- Low power consumption
- Great overclocking potential
- 12GB of GDDR6 VRAM
- Comes with a built-in Ethereum mining limiter
- Noisy fans under full load
Despite the fact that the GeForce RTX 3060 features a built-in Ethereum mining limiter, it is still a great graphics card for mining cryptocurrencies. If you are looking for a card that will efficiently mine altcoins like Ergo (ERG), RavenCoin (RVN), or Conflux (CFX), then this is a perfect GPU for you. A single RTX 3060 can deliver a 50 MH/s on Octopus algorithm, or 25 MH/s on KawPow algorithm for a total power consumption of only 150 watts. It can also mine at speed of 112 MH/s on Autolykos algorithm while consuming only 110 watts, meaning it can mine a full 1 MH per watt while mining Ergo.
The GeForce RTX 3060 is even suitable for mining Ethereum. With proper tweaks and the right software, the GeForce RTX 3060 can even deliver 32.5 MH/s on Ethash algorithm, despite being throttled by the built-in mining limiter. The card also offers fantastic 1080p and 1440p gaming performance, as well as respectable ray-tracing performance. Another big plus is the fact that the card features 12GB of VRAM, which even some high-end RTX 30 series GPUs don’t.
Highest Hashrate: ASUS GeForce RTX 3090 ROG Strix OC
Boost Clock: 1890 MHz | Memory: 24GB GDDR6X | Power Connectors: 3 x 8-pin | Outputs: 3 x DP, 2 x HDMI
- Extraordinary high hashrate
- Absolutely mind-blowing rendering performance at 4K resolution
- Great for 3D modelling and video rendering
- 35% faster than the GeForce RTX 2080 Ti
- Requires 750 W power supply
- Triple-slot design
NVIDIA GeForce RTX 3090 is without a doubt the best mining GPU right now. Featuring a mind-blowing 10,496 CUDA cores, 328 Tensor Cores and 24 GB of super-fast GDDR6X VRAM, this card can deliver 114.00 MH/s hashrate on Ethash (Phoenix) algorithm, or 240 MH/s on Autolykos algorithm. The card also features no built-in cryptocurrency mining limiters, which means its mining potential is fully unlocked. But besides being a fantastic GPU for mining cryptocurrencies, the GeForce RTX 3090 is also great for 4K gaming, 3D modelling, video processing and ray-traced rendering. Provided you can afford yourself one, getting an RTX 3090 is a no-brainer if you want to make some serious money by mining cryptocurrencies.
Bargain Powerhouse: Gigabyte Radeon RX 5700 XT Gaming OC
Boost Clock: 1795 MHz | Memory: 8GB GDDR6 | Power Connectors: 1 x 8-pin + 1 x 6-pin | Outputs: 3 x DP, 1 x HDMI
- Great mining efficiency
- Suitable for mining a wide range of coins
- Great overclocking potential
- Low power consumption (with custom BIOS)
- Doesn’t support ray-tracing
- Limited supply
At the end of 2020, AMD released a new generation of Radeon RX 6000 graphics cards, and discontinued the production of Radeon RX 5000 series GPUs, including the Radeon RX 5700 XT. However, due to a very high demand and global shortage of current-gen GPUs, the Radeon RX 5700 XT is again available for purchase, and can be bought from major online retail stores, such as Amazon.com.
One of the main reasons why the Radeon RX 5700 XT is a fantastic graphics card for mining cryptos is the fact that it’s more efficient than most current-gen graphics cards. The RX 5700 XT can deliver 53-55 MH/s on Ethash algorithm for a power consumption of only 105 watts (with modified BIOS). For comparison, the new RX 6700 XT has 50% more transistors, but is only able to deliver 48 MH/s on Ethash algorithm while consuming 140 watts of power. The good old RX 5700 XT is also a very stable and reliable card that doesn’t overheat much, which is why it’s extremely popular in cryptocurrency mining community.
Lowest Power Consumption: ASUS ROG Strix Radeon RX 6600 XT OC
Boost Clock: 2428 MHz | Memory: 8GB GDDR6 | Power Connectors: 1 x 8-pin | Outputs: 3 x DP, 1 x HDMI
- Excellent power efficiency
- Decent mining performance
- Runs cool and quiet
- Mediocre mining hashrate
- Costs more than RTX 3060
- Poor ray-tracing performance
The new Radeon RX 6600 XT is not the fastest graphics card for mining cryptos, however, when it comes to efficiency, it is an absolute champion. The RX 6600 XT can deliver 32.5 MH/s on Ethash algorithm for a power consumption of only 80 watts. This is 406.25 kH per watt performance, which puts the RX 6600 XT right at the top of the most power efficient GPUs for mining Ethereum in the world.
The RX 6600 XT is also very good for mining altcoins like Ergo, since it can deliver 62 MH/s hashrate while consuming 79 watts of power. Although RX 6600 XT is very energy efficient, its ROI is much worse compared to the RTX 3060, which costs slightly less, and can mine cryptos more quickly. Overall, this is a decent GPU for mining which may be very interesting to users who want a cool, quiet, and power-efficient graphics card.
Mining Ethereum and other cryptocurrencies has never been more popular. This has caused a great GPU shortage which we are now witnessing. However, this doesn’t mean that mining is no longer profitable. Provided that you equip yourself with some high-performance graphics cards, you still have good chances to make impressive amounts of money by mining Bitcoin and Ethereum. We hope our buying guide helped you in search of the information you were looking for. If you still feel confused, and need advice about buying, feel free to post a comment below. We will try to help you.