What is the Best GPUs to Mine Ethereum ETH

What is the Best GPUs to Mine Ethereum

In this post, I will discuss different Ethereum mining GPUs and the profit you can make mining Ethereum with them.

After learning about Ethereum mining GPUs, consider checking out our Ethereum mining software and mining pools. Being educated about both of these topics can make your mining setup to be more profitable.

Ethereum Mining Profitability from GPUs

Your ROI mining Ethereum depend on the price of Ethereum ETH, your hardware setup costs, your electricity cost, and your Ethereum mining pool’s fee. Cryptocompare.com is a great website as a tool to calculate your mining profitability from Ethereum mining. Cryptocompare Plugin the relevant information, and have a personal estimate calculator made on your profitability.

Best Ethereum Mining Graphics Cards GPUs

Radeon R9 295 X2

What is the Best GPUs to Mine Ethereum

The Radeon R9 295 X2 has the highest hashing power compare to any graphics card at 46 MH/S. If you are trying to get the most profit from mining Ethereum, look nowhere else. The Radeon R9 295 X2 will use around 500W of electricity power when mining ETH. Most R9 295 X2 Ethereum miners  report profits of over $1,500 yearly. Expect these to sell for around $500 used.

AMD Radeon R9 HD 7990

What is the Best GPUs to Mine Ethereum

The AMD Radeon R9 HD 7990 is probably your next best GPU for mining Ethereum good profit. These GPU give you 36 MH/S at 300 W. Expect to pay around $300-$350 for a Radeon r9 hd 7990.

Where can I store Ethereum ETH that I mine?

Ethereum ETH can be stored on many cryptocurrency wallets. Some of the popular choices are the Ledger Nano S wallet, Metamask, and myEtherWallet. 

What software do I use to mine Ethereum ETH?

There are a lot of good options here, including Ethminer eth, Wineth, and Claymore’s Dual Miner.

Claymore’s Dual miner is great because you can mine Ethereum and another similar algorithm cryptocurrency at the same time, without harming your Ethereum hash rate. Even if you don’t want to hold the other crypto coin you mine, you can sell them for Ethereum on an exchange like Binance.

What Ethereum mining pool should I join?

Ethereum mining pools assist you to receive more frequent payouts from your mining setup. Some of the popular Ethereum mining pools include Etherpool and Nanopool. 

How is Ethereum ETH mining different than Bitcoin BTC mining?

While these are similar mining method, there are a few key differences. First, Bitcoin uses the SHA256 algorithm to mine its network, while Ethereum uses Ethash.

While you could still mine Bitcoin BTC with the GPUs stated above, they would be less successful as Bitcoin mining is dominated by ASIC miners. Ethereum eth purposely invalidates ASICs miners by increasing the amount of GPUs needed to mine.

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