As we know, Ethereum is the most popular digital currency in Altcoins market. We have already discussed the Ethereum Mining. Since the tendency to mine this cryptocurrency is high, in this article we intend to introduce the best Ethereum miner.
Important tips on choosing Ethereum Miner
Before introducing the best Ethereum Miner, we will give you some tips for Mining Ethereum. To get started, it is best to use a few GPUs that have higher power to mine the ether. Increasing the number of GPUs means increasing the initial investment. The market-leading brands are AMD or NVIDIA.
The next thing to consider is the Ethereum mining software. Software such as EthOS, Claymore, and Geth have proven to be very useful in mining. Other equipment needed is a typical computer such as motherboard, RAM, CPU, power supply, monitor and internet connection. You also need to have a cooling system. If the miners are overheated, they will stop working. Here’s a look at the best Ethereum miner.
Best Ethereum Miners
In this section, we review the best Ethereum miners and introduce the top three devices on the market.
“In this comparison the earnings of the miners should be calculated with the Ethereum calculator at the moment. So these numbers are just for the comparison of the miners. ”
Radeon R9 295X2It
The Radeon R9 295X2It is the best Ethereum Miner. It has a hash rate of over 46 GB per second and has a power consumption of 500 watts. At $600, it’s a bit expensive, but it’s more powerful than most other modern GPUs of today. Considering the $1.44 per day electricity cost, it still has a $2.23 daily income and an estimated annual return of about $586.
Radeon R9 HD 7990
The Radeon R9 HD 7990 Miner has a capacity of 36 MHz, which is ranked second among the best Ethereum Miners. The power consumption is 375 watts, and each GPU generates more than $470 a year, with a gain ratio of 56% per day. It is also available in online retailers such as Amazon and is one of the cost-effective options for Ethereum miners. There is also a short repayment period that is slightly more than one year. It is estimated to cost $1.08 daily and a refund of $1.29.
AMD Radeon RX 480
The Radeon RX 480 is one of the most affordable hardware with a 25 Mbps hash rating, which ranks third among the best Ethereum miners. The cost of electricity per day is significantly lower than the rest of them and is $0.4320. The daily refund is $1.21 and therefore the refund is $440 per year.
It costs just $7.96 per MH, which is highly regarded in the digital currency market. However, it should be noted that the Radeon RX 480 has a 4GB version running at 7 GHz and a more expensive 8GB model running at 8 GHz. Compared to the 8GB model, the 4GB model runs about 1-2 MHz slower.