Do you want to mine Ethereum?Using an efficient Ethereum mining hardware will significantly reduce your electricity bills and cut down your costs.This article will help you learn more about the best Ethereum mining hardware.Table of ContentsWhat is a GPU Ethereum Miner?How can you find the best GPU and rig?Most efficient GPUs on saleRadeon R9 295X2Radeon R9 HD 7990Radeon RX 480Radeon RX 470Just Want Ethereum?Note: Before you get hardware make your you have Ethereum mining software, an Ether mining pool, and an Ethereum hardware wallet for secure storage of Ether.If you just want Ether then just buy Ethereum.Mining has a lot of setup costs and some technical knowledge is required.In order to mine Ethereum, you will need specialized hardware known as graphics processing unit (GPU).Ethereum’s developers originally intended for it to be mined on computer CPUs but miners later discovered that GPUs gave them more hashing power.So, in the most simplest of terms: a GPU is a specialized Ethereum mining computer.Some GPUs have a higher hash rate than others, while some use more electric power as well.In choosing the most efficient GPU the most important thing is striking a balance between how powerful you want your rig to be and how much you are willing to spend on the GPU itself and the electricity.Many of these costs will vary by country.

Is it cheap to buy GPUs in your country?Since most GPUs are sold on Amazon and eBay, if you live in a country where those retailers ship to then you will likely have an easier time getting the GPUs.Also, what is the cost of electricity in your country?Electricity costs are the deciding factor for most miners.As we have seen with Bitcoin mining, miners in China, Iceland, and other places with cheap electricity have a huge advantage!Now that you understand the factors that make GPU rigs good, here is a list and brief description of the most efficient GPUs on sale.Note that the power costs per day numbers used below were based on the global average cost of electricity and the price of Ether on September 16, 2016.For more accurate estimates, use an Ethereum mining calculator and plug in your own numbers.The Radeon R9 295X2 has by far the highest hash rate (46.0 MH/s) of the Ethereum GPUs on the market and will cost you $600.It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04.

This gives a return per year of $586.43.A Radeon R9 HD 7990 will cost you $680.Its power cost per day is lower than the R9 295X2 at $1.08 but its hash rate is significantly lower at 36 MH/s.Its return per day is $1.29 while its cost per MH/s is $18.89, giving it a return per year of $469.40.The Radeon RX 480 is most arguably the most economical in terms of cost and saving electricity.Its power cost per day is significantly lower than the two that I have mentioned at $0.4320.Its hash rate is 25.0 MH/s, meaning its cost per MH/s is $7.96.This gives a return per day of $1.21 and therefore a return per year of $440.91.Radeon RX 480 will cost you $199.A Radeon RX 470 has a modest hash rate of 24.0MH/s.Its power cost per day is exactly the same as the Radeon RX 480 at $0.4320.Its cost per MH/s is $9.13, giving it a return per day of $1.15 and a return per year of $418.16.Radeon RX 470 will cost you $219.Now that you know the best Ethereum mining hardware, get a secure wallet for your Ether.If you don’t want to mine you can always just buy some Ether online.If you just want ether, mining is NOT the best way to obtain them.Buying ether is the EASIEST and FASTEST way to purchase.Get $10 worth of free ether when you buy $100 or more at Coinbase.

True ease of use is something that the Bitcoin ecosystem doesn't really have yet though they are steadily improving on it.bitcoin rise and fall graphYou'll need a couple different items up and running on one or more machines to really start with your mining experience.bitcoin to euro exchange graphThe first thing you'll need is the Bitcoin client application that acts like your wallet and actually accesses your wallet.dat file.mil anuncios bitcoinWhile this doesn't necessarily need to be running on the same hardware that is doing the mining, you'll need to run this to get your key information to share with the mining apps.ethereum javascript wallet

For your mining application, there are several options including some command-line based apps and graphical ones.bitcoin miner hardware amazonFor the quickest setup and configuration time we liked GUIMiner, seen above.bitcoin merchant posThe interface you use does not necessarily determine the kernel you use for computing the Bitcoins and which kernel you use can alter performance pretty dramatically.bitcoin gateway indiaIn its infancy the Bitcoin community ran CPU-based kernels until the performance difficulty got to a point where they were incredibly inefficient leading to the creation of several GPU-based designs.bitcoin electricity cost calculatorFor our testing we went with the poclbm kernel that is built around OpenCL and works with AMD Radeon HD 4000 series and above and NVIDIA GeForce 8000 series and above graphics cards.bitcoin wiki coinbase

There definitely are other options out there for Bitcoin mining and many enthusiasts argue that some perform better than others across different ranges of CPUs and GPUs but in terms of popularity today, poclbm seems to be the winner.The above image shows us actually running a pair of the kernels, one for each GPU on a multi-GPU graphics card.If you have more than one GPU in your system, whether on a single card or multiple, you need only assign a kernel to each available processor to max out your processing performance.(Side note: because it is built on OpenCL, you can actually run this on CPUs that have compliant OpenCL stacks.However, it is not the most efficient on that class of processor by any means.)When running a Bitcoin mining application be prepared for a lot of GPU utilization but not much on the CPU side of things.Here you can see our Core i7 Sandy Bridge based processor is not getting a heavy workout while running the GUIMiner application with our OpenCL-based client focused on the GPU.

Looking at the graphics card workload however...The ASUS ARES card (dual Radeon HD 5870 GPUs) is working hard with a 99% GPU load reached and temperature slowly rising.If you have a GPU with a loud fan or are sensitive to the heat created by your graphics card then this mining process might not be for you!For our testing we ran the Bitcoin clients on our standard GPU testing bed built out of the following: Our graphics card selection was based on trying to compare some current options to some previous generation cards that are likely to already be in the hands of potential GPU Bitcoin Miners.Here is the lineup with a few curveballs tossed in: We have covered the bases of the last several years by starting with the HD 4890 and GTX 285 cards of yester-year.We included a range of modern cards including the very popular GeForce GTX 460 and the lower end Radeon HD 5750.Dual-GPU cards make a frequent showing with the GT X 295, GTX 590, HDF 5970 and HD 6990 as well as the ASUS ARES in a standard and overclocked setting.

Standard clock rate on the ASUS ARES is 850 MHz and our overclocked setting pushed that to 1005 MHz - an 18% increase.Basically, we just wanted to see how high we could push that $1100 graphics card.The big outlier is the new AMD A8-3850 APU released this month that combines a quad-core CPU and "discrete class" GPU on a processor.The Radeon HD 6550D GPU on that die (as it is branded) has 400 stream processors and uses a DDR3 memory interface that is shared with the x86 cores.Because the computing process at work in Bitcoin mining is not memory dependent, we kind of expected the APU to do well for its price and position.The pricing listed here is used throughout our performance review to judge value and profitability.Keep in mind that some of these numbers were hard to really nail down especially for cards like the GTX 285, GTX 295, HD 4890, HD 5970 and ASUS ARES that are hard to find anywhere but eBay and very small online stores.The prices here are my best estimates at what you would have to pay (on average) to acquire a card like this today.

You might also be wondering what "The Beast" is in our list above.That is a mega-crunching machine we put together after doing all of our other card testing to see just how much we could push out of a single system.Using the same base test bed, we installed the Radeon HD 6990 4GB, Radeon HD 5970 2GB (both dual-GPU cards) and the Radeon HD 6970 2GB single-GPU cards.While we wanted to include the ASUS ARES in this configuration we weren't given that option since it required three PCIe power connections and our Corsair AX1200 power supply only supplied us with six of them.You will have to wait until later in the article to see the results of that setup as I decided to leave it off the single card result graphs as it tended to skew the scale quite a bit.The first thing you are going to notice is that the AMD graphics cards solidly outperform the NVIDIA GPUs for reasons we are still diving into.The VLIW architecture at work on the 4000/5000/6000 series of cards is seeing some very high utilization by the poclbm kernel and it is definitely one of those few applications nearly reaching the theoretical limits of TFLOPs claimed by AMD over the years.