2CryptoCalc - GPU/ASIC Profitability Ranking (2024)

FAQs

Which is more profitable ASIC or GPU? ›

When it comes to hash rate output, ASICs are better than GPU miners. You can choose the best crypto mining machine to receive good profits in solo mining and pool mining . On the other hand, GPU miners cannot give a high hash rate because of mining difficulty.

NVIDIA GeForce RTX 4090

In addition to excelling in gaming, the RTX 4090 is currently also the best GPU for mining, at least when it comes to GPUs that are available to the regular consumer.

Profitability. GPU Mining: Generally more profitable due to higher computational power and faster mining speeds, especially for cryptocurrencies with complex mining algorithms. CPU Mining: Less profitable compared to GPU mining due to lower mining efficiency and slower processing speeds.

Generally, ASICs are more energy-efficient than GPUs because they provide higher hash rates with less energy.

Summing Up. Crypto mining will still be profitable in 2024, but only if you have the right mining setup.

How much money can one average ASIC hardware generate a month from Bitcoin mining (excluding electricity costs)? S5 makes about 10$-13$ a week the s9 makes 10$ per day ,300$ a month, 2500$ per year and the estimates I gave you on the S9 AR including electricity cost of $0.12 per kilowatt hour.

Bitmain Antminer K7 (63.5Th)

Another top-of-the-line machine from popular manufacturer Bitmain, the Antminer K7 was released in January 2023 and is one of the most powerful and profitable mining machines on the market currently, with a hash rate of 63.5 terahashes a second.

For example, a rig of six MSI GeForce RTX 3080Ti graphics processing units (GPUs) will be most profitable when mining Ravencoin (RVN) and bring around $170 per month. Zcash (ZEC) can bring in almost the same revenue while mining Clore (CLORE) can earn $158 per month.

There is no minimum or limit to the number of GPUs you can use when mining, and can even start with 1. However, if you are into a serious mining business, a rig of 6 GPUs is recommended.

The once dominant Ethereum mining via GPUs has ceased, prompting miners to search for alternate cryptocurrencies. The current market reveals a diversification of mining activities, but the dominance of GPU mining remains uncertain amidst the rise of ASIC miners, which are more efficient for certain coins.

Which GPU has the highest hashrate? ›

NVIDIA RTX 3090

Equipped with 24 GB of GDDR6X VRAM and 10,496 CUDA cores, the RTX 3090 offers an unparalleled mining experience. Its high hash rate and energy efficiency make it a go-to choice for those looking to build a high-performance mining rig.

GPU mining is a crypto mining process that uses specialized graphics card cores to solve crypto puzzles and verify transaction blocks. GPUs excel at handling repetitive tasks due to their thousands of cores used for parallel processing, making GPU mining faster and more profitable compared to CPU mining.

ASIC mining can be profitable if miners can go the extra mile in researching and learning the crypto industry. Of course, it involves certain risks and challenges.

In general, you can expect the latest ASIC miners to last around 5 years to a decade depending on your operating conditions and maintenance. However, with technology advancements, if many new ASIC miners come in the future, the current ASIC may turn obsolete, impacting your profitability.