Most Profitable GPU for Crypto Mining in 2022

GPU Mining profitability depends on multiple factors like block reward, mining difficulty, etc, here are the most profitable GPU for Crypto mining in 2022 with a hash rate and power consumption of the GPU it includes Nvidia and AMD RX series graphics cards.

GPU Mining Prifitablity

The profitability of GPU mining doesn’t depend on only one factor, it depends on many factors like block reward, mining difficulty, and many more. All the factors are given below

• Block reward
• Mining difficulty
• Electricity cost
• Price of the mined cryptocurrency
• Mining speed (hash rate)
• Power consumptions of GPU
• Pool fee

Block Reward of BTC

If we take Bitcoin as an example to explain the block reward, in 2009 when bitcoin was launched at that time in one block there are 50BTC. After every 4 years, the bitcoin block reward will become half means in 2012 block reward decrease to 25BTC.

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Now in 2022 block reward for bitcoin mining is 6.25BTC which is changed from July 2020. In bitcoin mining for every 10minutes, one block is mined by the miners and added to the ledger, here is the change in block rewards from 2009 to 2021

Year	Reward per block	Approximate BTC Mined
2009-2012	50 BTC	10.5 Million
2013-2016	25 BTC	5.25 Million
2017-2022	12.5 BTC	2.62 Million
2021-02/2022	6.25 BTC	0.33 Million
Total BTC Mined	—-	18.7 Million

Mining difficulty for GPU mining

Mining Difficulty is directly proportional to the mining power means when more miners join the mining network then mining difficulty automatically increases, because of this mining profitability decreases.

Electricity Cost for GPU Mining

In GPU mining electricity cost is playing a major role in mining profitability, in your city electricity cost is 0.1$ for 1kwh then your electricity cost will be varying according to GPU power consumption you will be charged for the consumed electricity, For example, if you use Nvidia RTX 3060 for mine the Ethereum then electricity power consumption is 110wh, and you will have to pay 0.2$ for one day.

Value of Mined Crypto

For example, if you mine Ethereum at 3.4k $ and the Ethereum price increases after some days then your GPU mining profitability also increases that’s why the price of mined crypto is very important for more profit.

Mining Speed (Hash rate)

As we know that hash rate is the most important factor if we talk about mining profitability because according to mining pools, the block reward is divided into miners according to their hash rate and computing power. If you get more hash rate from your mining setup then obviously you get more profit.

Power consumption of GPU

If your mining setup has more power consumption then your profitability decreases, for example, you have an RTX 3060 GPU which use 110wh and another one is RTX2080ti which use 180wh but the hash rate of the two GPUs are almost the same, but the power consumption is more in 2080ti then you will get profit loss in RTX 2080ti, so you have to use 3060 instead of 2080ti for better profit.

Pool fee of the GPU Mining

When a miner joins a particular pool then that pool will charge some percentage from the block reward, in most of the cases pool fee varies from 1% to 3%. For Ethereum mining, the pool fee is 1% only if you use Ethermine and it doesn’t charge any transaction fee from you.

Most profitable GPUs for Crypto Mining in 2022

Here are the Top 10 Profitable GPUs for crypto mining in 2022

S.no	GPU	Hash rate	Power consumption	Approx price
1	3060	49Mh/s	110Wh	400$
2	3060ti	58Mh/s	130Wh	180$
3	3070	58Mh/s	130Wh	600$
4	5700XT	55Mh/s	130Wh	500$
5	5700	55Mh/s	130Wh	500$
6	1660S	30Mh/s	90Wh	270$
7	1660TI	28Mh/s	80Wh	280$
8	6800	64Mh/s	150Wh	600$
9	6800XT	64Mh/s	150Wh	650$
10	3080	91.5Mh/s	230Wh	700$

Note: Above information is provided according to three factors hash rate, power consumption, and MSRP of the GPU, and the prices of the GPUs are MSRP not the market price.

FAQs about mining profitability and most profitable GPU for mining in 2022