List of most profitable GPUs for mining Ethereum in September 2017
I have compiled a list of current prices for various Graphic Cards for use with ethereum mining. Below is a list of prices and where to purchase the GPUs in both Canadian and United States prices and markets. Also included is a calculation of the cost per Mh/s, as well as the current profitability of each GPU with power taken into account. With this we can find the best cost to return ratio for buying a GPU to mine with as of today, September 3rd, 2017. These are also all stock rates, without overclocking the GPU or making them more efficient.
Profitability is calculated with a power cost of 0.085 kW/h in USD using https://www.cryptocompare.com
You can start mining super easily with pretty much any GPU you already have as well, Check out MinerGate for a easy to use GPU miner.
If this writeup helped you out and you want to send a tip my way, my ethereum address is
0x6C5F17aBBcB114Ac77E13cD30c2b26184ED9Ef7e
GTX 1050 TI
The GTX 1050TI has a hash rate of 11 Mh/s with a power draw of 70W, it will make a profit of 23.83 USD a month, with a power cost of 4.28 USD per month. It will take just over 6 months to pay off the GPU at 150 USD
https://www.cryptocompare.com/mining/calculator/eth?HashingPower=11&HashingUnit=MH%2Fs&PowerConsumption=70&CostPerkWh=0.085
210 CAD @ https://www.amazon.ca/gp/offer-listing/B01MF7EQJZ/ref=dp_olp_new?ie=UTF8&condition=new
152 USD @ https://www.amazon.com/gp/offer-listing/B01MF7EQJZ/ref=dp_olp_all_mbc?ie=UTF8&condition=all
GTX 1060
The GTX 1060 has a hash rate of around 21 Mh/s with a power draw of about 105W, it will make a profit of 47.24 USD per month. With a power cost of 6.43 USD per month. It will take just about 5-6 months to pay off the GPU depending on the price you get it at.
380 CAD @ https://www.amazon.ca/gp/offer-listing/B01JNUO6BG/ref=dp_olp_new?ie=UTF8&condition=new
350 CAD @ https://www.newegg.ca/Product/Product.aspx?Item=N82E16814125879&cm_re=1060--14-125-879--Product
220 USD @ https://www.newegg.com/Product/Product.aspx?Item=N82E16814125906&cm_re=1060--14-125-906--Product
300 USD @ https://www.amazon.com/gp/offer-listing/B01JNUO6BG/ref=dp_olp_new_mbc?ie=UTF8&condition=new
GTX 1070
The GTX 1070 has a steady hash rate of 26 Mh/s with a power draw of about 135W, with a monthly profit of 58.18 USD and a power cost of 8.26 USD per month. This card will take just under 9 months to pay itself off at 500 USD, and 8 months to pay off at 569 CAD.
569.00 CDN @ https://www.amazon.ca/gp/offer-listing/B01KVZBNY0/ref=dp_olp_new?ie=UTF8&condition=new
500 USD @ https://www.amazon.com/gp/offer-listing/B01KVZBNY0/ref=dp_olp_all_mbc?ie=UTF8&condition=all
GTX 1080
The GTX 1080 has pretty much the same hashrate as the GTX 1070, but a much higher price tag. This is mostly due to the different type of RAM used in the GPU. Don't bother mining with a GTX 1080.
Radeon R9 Fury X
The Fury X has a hash rate of around 28 Mh/s and a power draw of 275W, it will make 54.73 USD a month in profit, with a power cost of 16.83 per month. It will take 7 and a half months to pay off at 500 CAD.
This GPU is harder to find, but I can find it in the local markets used for about 500 Canadian.
Radeon Rx 480
The Rx 480 has a hash rate of 25 Mh/s and a power draw of 150W. It will earn 54.71 USD per month, with a power cost of 9.18 USD. It will take just over 9 months to pay off.
This GPU is also harder to find (at least in Canada), there is one used on Amazon.ca for 500 CAD
Radeon Rx 580
The Rx 580 has a stock has rate of 24 Mh/s with a power draw of 136W. It will earn 53.01 USD per month, with a power cost of 8.32 usd per month. It will take 8 months to pay off at 426 USD.
426 USD @ https://www.amazon.com/gp/offer-listing/B072B6W44N/ref=dp_olp_new_mbc?ie=UTF8&condition=new
While this card has a similiar hashrate of the 480, it is far better at dual mining. According to several reviews, the Rx 580 series truly outperform the Rx 480 when dual mining.
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Excellent post. what else coins you recomend to mine with this cards.
Monero seems to be best at the moment.
I think you missed the GTX 1080 Ti, which will have a mh/s much higher than the 1080 :)
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1060 can do 24mhs with samsung memory even with undervolt. Unless it is 9mbps one.
This list is now outdated since AMD released their new RX Vega line. They dominate the competition especially after tweaking. Check out newest review of the best GPUs for mining: https://cryptosrus.com/best-gpu-for-mining/
You say the Vega 64 does 41 MH/s on 135 watts - but 2 - GTX 1060s can do 46 MH/s on 140 watts and costs less.... so not sure about 'dominating' the competition. They are definitely a worthy option, especially if you have limited GPU slots on your motherboard.
Good list, but gets outdated quick, and many of the cards listed are difficult to find.
I created a comparison chart based on Hashrate and Cost - and only list cards currently for sale online. Check it out here:https://www.pyramidreviews.com/cryptocorner/mining-gpu-speed-and-price-comparison/
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