Best GPU for mining cryptocurrencies

Whether you are just starting to learn about the world of crypto mining or are looking to upgrade your mining setup, there is always more to learn about the world of mining for cryptocurrencies. One of the most important aspects of any mining operation – no matter the currency or how big the setup – is the quality of the tech used.

Keep reading to learn about the best GPU currently available for mining crypto.

Finding the right crypto to mine

As anyone who knows anything about crypto will confirm, it is important to carefully select a crypto when deciding what to mine next. There is no point in setting up a rig, establishing yourself and your tech, and getting down to business only to discover that the crypto you have focused on is declining in value.

It should not be a surprise then that one of the first steps for any miner is to knuckle down and do their research before embarking on mining efforts. Current and future miners can use tools such as OKX cryptocurrency prices to track the fluctuation of crypto prices in real time, along with other important metrics and tracking information.

What is a GPU and why is it important to mining?

The acronym GPU stands for graphics processing unit – this is the bit of hardware that is responsible for the digital rendering that takes place in a computer system. You may also have heard of the CPU, or central processing unit, the electronic circuitry that manages the instructions that make up a computer program. It is essentially the “brain” of the computer and it performs logic, math and system control, along with input and output operations that are all defined by the program’s instructions.

GPUs were used for years in crypto mining because they were more efficient and outperformed other tech tools such as CPUs. Efficiency is obviously hugely important when it comes to crypto mining because it is such an energy-intensive process that has even been criticized for contributing to climate change.

The best GPU for mining crypto

While some miners have replaced their GPU mining operations with ASICs or low-end CPUs, GPU mining remains one of the most popular and efficient ways to mine for crypto. Depending on the GPU, the hash rate will vary – the most powerful GPUs are currently NVDIA GeForce RTX and the least powerful are GPUs such as AMD Radeon RX 570 and AMD Radeon R9 – but all of them have their own strengths and weaknesses.

NVIDIA GeForce RTX 3060 Ti

The NVIDIA GeForce RTX 3060 Ti is widely considered the best overall GPU available for crypto mining, partly because it has an amazing hash rate of 60MH/s and partly because it is extremely well priced for the powerhouse that it is.

This GPU does not necessarily have the fastest hash rate and it will not be the highest earner available on the market, but for all-round performance, it is truly impressive. Another thing to note is that it is an excellent GPU for both gaming and mining.

AMD Radeon RX 6700 XT

This is another excellent GPU for crypto mining because it has a hash rate of 47MH/s and 230W TDP, but it is also quite a good bargain compared to similar pieces of hardware. Buyers should be aware, though, that this GPU gets pretty hot when mining and is certainly not the fastest or most efficient GPU on the market.

NVIDIA GeForce RTX 3090

This is another incredible GPU from NVIDIA, with an amazing hash rate of 121MH/s and 350W TDP. It is definitely faster and will make more money than the other two GPUs discussed here, but this heightened level of performance is also reflected in the price point.

Buyers should also be aware that this GPU is very resource and energy intensive – this is something