With all that is going in the crypto market space there is still a definite boom – so you should’nt be worried about investing in the currency instead you should worry about not investing in it because there are sure profits to be made. In 2018, you may choose to invest in the GPU mining market which will help you mine cryptocurrencies or ASIC’s.
Instead of wasting your time on checking which GPUs are the most appropriate for you, we decided to list the options which are likely to suit you best in order to continue/begin long your mining journey. So, henceforth is the list of GPUs you could take into consideration in order to make use of – the ones which are not only energy efficient but also are amongst the cheapest of the lot so that you’re ble to reap the highest profits out of the whole procedure.
- Nvidia GeForce GTX 1060
This graphics card is available on the market for approximately R 6000 and is listed here– which means the price at which it is marketed is quite reasonable. Apart from this, it does not make use of a high amount of electricity and does a decent job when it comes to mining cryptocurrencies. Apart from this, if you want to use your graphic card for other purposes – then – this device is your go-to option because it will support your gaming endeavors. More info on this rig can be viewed here.
- Nvidia GeForce GTX 1070
This GPU manages a mining rate of around 30 MH/s and does not require a lot of energy to do so. However, one thing that you have to keep in mind is that the more energy your GPU decides to use – the lower your cryptocurrency profits are. Thus, you have to make sure that the graphics card that you make use of is energy efficient. This is yet another amazing GPU mining hardware that could be used that has a good balance of mining profitability and energy usage. Given the amazing qualities that it has to offer – it is available in the market for around R 7500 and various products are listed here. And rigs based on this card can be viewed here.
- AMD Radeon RX Vega 56
Rumor has it that this mining rig is better than the Nvidia GeForce GTX 1060 and also is cheaper. However, this mining rig is not very easily available in the market and you need to put in some effort in order to find it. Also, it is not a very great option to employ this graphic card as your 24×7 mining rig because – it might as well eat your pocket out and wouldn’t reap as many profits in return. Nonetheless, comparatively this option is a good one to inculcate. The price of this GPU is around Rs 16000.
Thus, you have to choose the best option amongst the above-mentioned ones – prudently. GPU is a good option to resort to but you have to keep in mind that it’s not as cost efficient as you might think of it to be.