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6 Popular GPUs for Mining Cryptocurrency in 2019

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6 Popular GPUs for Mining Cryptocurrency in 2019
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

When cryptographic money only appeared, mining was practiced by a minority of people in the know. At that time, it seemed like mining was available for tech-savvy people only. Luckily, things are different. Now, you only need to discover the best GPU for mining, install it, and enjoy the profits.

While mining ETH and BTC was popular and relevant in 2016-2018, the current difficulty of calculations makes the process very challenging. It’s almost impossible to mine BTC and ETH using a regular GPU. But who said you can’t mine other coins? Even the current decrease of interest in mining doesn’t prevent individuals from attempting to mine altcoins. Truth be told, if you want to make profits you should either use the best mining hardware or not use it at all. The mining industry keeps evolving, offering us innovative mining machines. Let’s check out which are the worthiest mining GPUs in 2019.

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How to select the best GPUs for mining?

Before we observe the worthiest mining GPUs, let’s look over the essentials of GPU mining cards that matter for efficiency and speed. This will help us understand how the industry standards have changed, and how to make an informed decision.

Take a look at the features that matter for the choice of GPU.

1. VRAM

Previously, some 2-4 GB of VRAM were enough to mine Ethereum and cryptocurrencies alike. When Ethereum appeared only 4 years ago, it began at 1 GB, and the volume was increasing by 750 MB yearly. We're in 2019 now, which implies the best models for mining ought to have at least 8 GB of internal memory. With an old 2 GB card, you won’t earn any crypto at all.

2. Hashrate

Being a critical point, hashrate is the speed at which a device makes calculations to solve algorithms. This variable is estimated in hashes made per second, and the top-notch models have this speed measured in Mega-hashes (MH/s), which means at least 1 mln hashes are executed in one second. The most advanced GPUs can likewise have GH and TH values.

3. Bus width

To put it simply, it defines the amount of chips that can be located on one device. As you already know, the efficiency of a card is defined by its memory, so you should definitely opt for a higher bus width. A typical 256-bit card with 8 chips is not enough today: you should opt for a better memory level to use at least 16 chips.

4. Power consumption

Mining is a costly process even after you buy the equipment – you need to pay electricity bills afterward. Make sure that the GPU consumes less power than its counterparts. If you want to enjoy a steady income, your mining hardware should be functioning 24/7. So make sure your GPU provides a generous performance for the amount of consumed energy.

5. Cooling

Now that you’ve looked into power utilization, you should be careful that your mining farm does not get too hot. It’s important because overheating can harm the hardware. It'll not only make the atmosphere in the room agonizing, but may also prevent your graphic card from working properly. Go for open constructions – it allows for optimal cooking. Don’t forget to buy fans and install them.

Now that you know what matters for the choice of mining units, we can get down to reviewing the best 6 models in 2019.

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AMD Radeon RX 470

This device is incredible – it’s always up to the task. This unit will function superbly regardless of the conditions. It is very productive, delivers AAA graphics, and stays ergonomic. It goes without mentioning that the device is compatible with most PCs. It is pretty quiet, not mentioning a low heat generation level.

Advantages:

  • Outstanding efficiency

  • Energy output level is brilliant

  • Optimal memory level – great for its cost

Cons:

  • Too costly

AMD Radeon RX 480

Some time ago, this model was a top pick among miners, one of the most highly demanded ones. It has quickly transformed from a solution for gamers to mining equipment. AMD utilized this card to upgrade to the fourth graphic code. They added transistors while leaving the power requirements at the same level. It also features a fan that works from load. Though the noise is quite high, it is absolutely endurable.

Advantages:

  • Optimal performance

  • Excellent speed

Cons:

  • Emits a lot of noise

AMD Radeon RX 580

This graphic card is a golden middle. i.e., it enables trouble-free mining while providing average speed (1340 MHz). Consider this astonishing GPU for mining ETH and ERC-20 tokens. It additionally features double fans which adjust operating speed to the loading. There’s only one disadvantage: this card is not as ergonomic as the past 480 variant.

Advantages:

  • It offers an astonishing HD performance

  • Highly customizable

  • Great quality/cost ratio

Cons:

  • High power consumption

  • Cards are far from being compact

AMD Radeon RX Vega 56

This gadget is positioned as one of the most suitable options for crypto mining. Moreover, it is the 2nd quickest designs card existing in the RX Vega series. The card is basically founded on the Vega design involving the same memory and type of processors.

This GPU is less speedy than the RX Vega 64. Notwithstanding, it requires less power. Its process execution is brilliant. The GPU is accessible in air-cooled editions with the highest power utilization of 210 W. To reap a higher mining power from the unit, you can leverage custom BIOS to open its additional features.

Pros:

  • Optimal speed and power

  • Extra cores with BIOS are available

Cons:

  • High power consumption level.

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AMD Radeon R9 Fury X

Each and every component of this GPU has been upgraded for speed, efficiency, and energy productivity. Instead of an air framework, they use water for reducing heat – this innovation functions pretty well. It’s a long-lasting device that allows earning coins for hours, days, and weeks.  

Advantages:

  • Water-based conditioning innovation guarantees great performance

  • Optimal memory limits

Cons:

  • Might be hard to cool

Check out the Hardware Unboxed video with their Top 5 Best GPUs

Nvidia GeForce GTX 1050 Ti

A top-choice for mining ERC-20 tokens. It is proficient, comes at an extraordinary cost, and it functions perfectly with any framework where you want to increase your crypto profit. The design reminds of the Pascal GPU structure, and the device is great not only for crypto mining but also for VR interactivity. By the way, its 1760 MHz rate is exceptional!

Pros:

  • Stays very quiet

  • Energy efficiency

  • It can execute all mining tasks

  • Great price/quality ratio

Cons:

  • Not compatible with all PCs

Bottom line

Even though crypto asset mining is not as profitable as before, you can still be a happy owner of many interesting altcoins – there’s no need to restrict your crypto portfolio by BTC and ETH only. The crypto market offers a huge amount of coins, while the hardware market boasts a great variety of coins. If you’re ready to invest in mining hardware, consider some of the above-mentioned Top-6 GPUs: they deliver excellent mining quality while staying power-efficient.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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First Ethereum Bond by Banco Santander Gets Settled as Crypto Trader Becomes ETH-Bullish

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  • Yuri Molchan
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    The Whale Alert Twitter account records a $99,000 payout on the Ethereum-based bond by Santander, while a crypto trader expects ETH price to start growing

First Ethereum Bond by Banco Santander Gets Settled as Crypto Trader Becomes ETH-Bullish
Cover image via 123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

The Whale Alert Twitter account has reported a quarterly payout of $99,000 on the first blockchain bond launched by the Santander banking group on the Ethereum ledger back in September.

In the comment thread, some users now say they expect the ETH price to spike.

The first Ethereum-based bond from Santander

The Banco Santander press release from September 12 says:

“The bank issued the bond directly onto the blockchain and the bond will also continue to exist only on the blockchain: a first step towards a potential secondary market for mainstream security tokens in the future.”

“The goal for Santander CIB is to engage with our most innovative clients as we move from the project stage to product development.”

The issued bond is worth $20 mln and one of the banking group’s units purchased it. It was settled via Ethereum as well via tokenized cash.

Whale Alert reports the first quarterly payout

The Twitter bot that follows large transactions on various blockchains has published the data on this particular payment made in three parts, providing links to Etherscan.

One of the users in the comment thread has assumed that the price of ETH should surge after this.

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Crypto traders going bullish on ETH

A crypto trader @TheCryptomist writes that the ETH price has been in the Falling Wedge pattern for three days now. After staying in this pattern, an asset price is often likely to make a bullish reversal.

The Cryptomist sees only one opportunity for bears to take over, however, she is inclined to be ETH-bullish.

There is another major factor for Ethereum that makes many believe in its bullish movement at least in the long-term – on December 8, the Istanbul hard fork took place, which promises to solve scalability issues and make the blockchain ditch the Proof-of Work algorithm for the Proof-of-Stake one.

Another trader made a bullish forecast on ETH, saying that in summer 2020 the price may hit $423.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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