The cryptocurrency boom has begun, and the world has moved on from bitcoin to other crypto coins like litecoin, and talk of getting into the cryptocurrency world abounds. One part of this world is mining. This is the way to get your own cryptocurrency instead of trading for it on the market. Mining not only increases the amount of cryptocurrencies, but it also secures the whole blockchain network. If you are new to mining, you’ll want to set up your operation with the best Ethereum miner on the market. Read on to learn the best Ethereum miners!
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Ethereum Miner FAQ
Before you learn about the best Ethereum miner, learn about Ethereum mining!
1. What Is an Ethereum Miner?
Ethereum mining is mining ether, which is an essential part of the blockchain. Ethereum mining is increasing the amount of ether in the blockchain and creating more digital currency to be traded on the market. A miner an investor who is is both participating in the larger blockchain by using their computer power to solve equations that secure the blockchain and creating profit for themselves through cryptocurrencythat they have mined and then can trade and sell on the market.
2. What Are the Main Types of Ethereum Mining?
The main hardware used in Ethereum mining is AMD mining or NVIDIA mining. These are the main companies that provide GPUs for miners. AMD mining is good for the budget conscious miners who wants to balance risk over results. NVIDIA mining is for miners who are looking for power and high-end graphics cards.
3. How Does Ethereum Mining Work?
To participate in Ethereum mining, you need a system that has a GPU processing server and a monitor that has overclocking and cooling. This is because Ethereum mining uses a lot of power. You’ll also need an Ethereum mining platform to connect your rig to the internet. Communication platforms like Geth will connect you to the larger Ethereum mining world. The last part of the puzzle is Ethereum mining software that is the brain of your hardware operation.
4. What Should You Consider Before You Start Ethereum Mining?
The main drawback of Ethereum mining is how much electricity a rig takes. So before you start you should do a cost/benefit analysis of each miners electricity consumption. Purchasing an Ethereum miner is an investment, so you should also consider your income and ability to handle upfront costs.
How We Reviewed the Best Ethereum Miner
Image from Pixabay
To choose the best Ethereum minerm we looked at each miners hash rate, profit rate, price, power consumption, speed, and cooling system. While some miners are better for those on a budget, the best Ethereum miner will perform well and make the miner a decent profit.
Overall Price Range of Ethereum Miners
The overall price range of Ethereum miners ranges from around $200 on the lower end. These miners will likely not have as high a hash rate and won’t be equipped with state-of-the-art coolers, but they still get the job done. On the higher end of the spectrum, miners can cost as high as around $900, and these will have the most profit and highest speeds.
Image from Pixabay
What Ethereum Miners We Reviewed
- 1 x DVI-D
- 4 x Mini DP
- 1024-bit GDDR5 Memory
Features
The Sapphire Radeon R9 Ethereum miner is powerful and will probably generate more profit than most other Ethereum miners available. It has a high hash rate of 46mh/s and it consumes 500W of power. It has a great graphics card and a liquid filled cooling system with two fans to make sure nothing overheats. It is more expensive but it will mine enough to pay for itself in less than a year with its high-profit ratio.
Warranty
This warranty is 30 days to return if the miner is dead on arrival.
Pros
Cons
- New Pascal Architecture
- 8 GB 256-bit GDDR5.Supported OS: Windows 10 / 8 / 7
- Virtual Reality Ready
- 1x Dual-link DVI, 3x DisplayPort (version 1.4), 1x HDMI (2.0b)
- Boost Clock 1708 MHz
- Extended warranty included with every graphics card purchase. User registration required on ZOTAC website
Features
This ZOTAC GeForce GTX is one of the new generation models of GPU cards that come with lots of interesting features like a three fan cooling system that automatically turns on when the card has reached 64 degrees. It has a hash rate of 32 mh/s with a power draw of 120W and 8GB of memory. With the right amount of RAM this Ethereum miner will last for years. The CUBA cores on the ZOTAC GeForce and the 8GB of memory make it a fast memory card and a fast miner.
Warranty
Standard two-year warranty with the ability to extend for a year.
Pros
Cons
- 6GB of GDDR5, two of the world’s most advanced GPUs, and an extraordinarily quiet cooler, every single facet of the AMD
- Radeon 7990 was perfectly engineered to enable an unrivaled DirectX 11.1 gaming experience
- Step beyond the confines of a single monitor and embrace the true potential of PC gaming with the ultra-high resolutions of AMD Eyefinity multi-display technology
Supreme performance with astonishing intelligence, featuring AMD PowerTune technology with Boost to enable automatic overclocking and higher frame rates - Designed for the ultra-efficient AMD ZeroCore Power technology, the AMD Radeon HD 7990 GPU shuts down its secondary at idle for unbelievably cool and quiet operation
Features
This Ethereum miner is extremely high performing. It has 6GB of GDD5 which are two of the world’s most advanced GPU’s available on the market. It has zero power technology to minimize its power use. The hash rate is 36mh/s and the maximum power load is 300W. The average miner will make around an extra $700 per year with this miner.
Warranty
Standard 30-day return if dead on arrival .
Pros
Cons
- Stream Processor 2304 Units
- Boost Clock 1380 MHz
- 8GB 256-bit GDDR5
- Minimum System Power Requirement 550W
- 1 x 6-pin & 1 x 8-Pin Power Connector
- Form Factor: ATX
Features
This Ethereum miner is a more affordable option that still has high speeds and good power. It has a hash rate of 30mh/s and can run at around 1450mhz without overheating. It generally around 8GB of storage and consumes around 160W of power per hour. The PowerColor VGA also comes with an external fan for overheating.
Warranty
Amazon warranty of 30 days to return if the miner is dead on arrival, with the option of 3 and 4-year protection plans.
Pros
Cons
Features
This miner might be the best Ethereum miner for cost efficiency. It has a hash rate of 25 mh/s. Its costs per day are low, and it has a good return rate. A miner can expect to make an extra profit of around $400 per year with this miner. It has good yielding power results, and you can get either a 4GB version or an 8GB version depending on your needs.
Warranty
The warranty is 39 days to return if the miner is dead on arrival.
Pros
Cons
- Power by GeForce GTX 1060
- Integrated with 6GB GDDR5 192bit Memory
- WindForce 2x with Blade fan design
- Support up to 8K Display @60Hz
- 16.8M customizable color RGB lighting
- Form Factor: ATX
Features
This Ethereum miner has a hash rate of around 19mh/s. It is a good option for miners on a lower budget. It does come with fans, but to keep temperatures cool a miner should run this at around 65% speed. It is a light card weighing only around 100 grams. It is powered by 6GB DDR5 and has a 193bit memory card.
Warranty
You can return this within 30 days if it doesn’t work.
Pros
Cons
- Chipset: AMD Radeon ax 470
- Video Memory: 4GB GDDR5
- Max. Resolution: supports 4x Display monitors
- Input: 8Pin PCI-E power connector, output: DVI-D Dual-link, 2x HDMI, 2x DisplayPort
- 450W system power supply requirement. Please refer the User Guide before use.
Features
This Ethereum miner has a moderate hash rate of 24mh/s and power costs of around $.50. Per day the power costs even out to be around $10. It has a good cooling system and can run at around 1300 rpm and still be around 70 degrees. It also has an 8 pin PCI-E Connector and the graphics processing clock speed is around 1260MHz.
Warranty
This Ethereum miner has a standard Amazon warranty of 30 days to return.
Pros
Cons
- Powered by AMD Radeon RX Vega 56 GPU
- 8GB 2048-bit high bandwidth Memory (HBM2)
- Windforce 2x 100mm Fan Cooling System
- Radeon VR Ready Premium
- Features HDMIx3/DisplayPortx3
- Form Factor: ATX
Features
This Ethereum miner is one of the best for its value. It has a hash rate of around 30mh/s and a power draw of around 210W. It has good performance loading and the clocking potential is high. The base clock is around 945 MHz. The Radeon RX Vegan comes with three different cooling options. Because this miner runs hot, the liquid cooling option is the best.
Warranty
This Ethereum miner has a standard warranty from Amazon of 30-day return if the miner is dead on arrival.
Pros
Cons
- Powered by the NVIDIA GeForce GTX 1070 graphics processing unit (GPU)
- 8GB GDDR5 (256-bit) on-board memory
- PCI Express 3.0 x16 interface
- NVIDIA CUDA technology
- VR-ready
Features
The Nvidia GeForce GTX is an Ethereum miner with a high hash rate and a low power draw. Its core clock runs at around 1,506MHz. The hash rate is around 30 mh/s. The hash doesn’t need too much power which keeps your costs down and doesn’t eat into your mining profits. The memory on the Nvidia GeForce GTX is around 8GB with a memory clock of around 8Gdps, which is a good amount of memory. Overall, this is an excellent Ethereum miner. It performs reliably without overheating and also is a great graphics card for gaming.
Warranty
Limited warranty that covers hardware for 1 year.
Pros
Cons
- Powered by the NVIDIA GeForce GTX 1070 graphics processing unit (GPU)
- 8GB GDDR5 (256-bit) on-board memory
- PCI Express 3.0 x16 interface
- NVIDIA CUDA technology
- VR-ready
Features
This Ethereum mineris well designed and has a hash rate of around 32mh/s and a power draw of around 120W. The main feature of the ASUS GeForce GTX is its blower designed cooling system that automatically turns on after the temperature reaches 64 degrees. Another plus is that these fans are silent. It has 11GB of memory, has a good overall performance and is one of the most powerful on the market.
Warranty
This Ethereum miner has the standard 30 day warranty.
Pros
Cons
The Verdict
The best Ethereum miner overall is the Nvidia GeForce GTX 1070 Founders Edition. This is because it has low power consumption, good hash, and reliable performance. Whatever Ethereum miner you pick we hope it meets all your needs. Happy mining!
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