What Coins Can I Mine With 2gb Gpu? – Graphics Cards Advisor (2024)

FAQs

Is 2GB graphics card enough for crypto mining? ›

Ethereum, yes, if it's a gaming laptop. I wouldn't recommend it, but it's possible. Generally it's best to use a desktop PC, and ideally some of the latest generation graphics cards (NVIDIA RTX 30 series, AMD RX 6000 series), since those have the highest efficiency (in terms of hash rate per watt).

We recommend using Gigabyte GeForce GTX 1070 or Radeon RX Vega 64 for ETH mining. Depending on the motherboard, you can have anywhere between one and eight graphics cards in your mining rig. Motherboard — This is what connects all of the components together and the mining rig is built onto the motherboard.

NVIDIA GeForce RTX 3090

The RTX 3090 is the most powerful GPU from NVIDIA's RTX 30 series to date. It has everything you need to create one powerful mining rig. I'm talking a hashrate of 121MH/s, 24GB of GDDR6X VRAM, and more than 10,000 CUDA cores for gaming.

Generally speaking, for 1080p gaming, 2GB of video memory is the absolute bare minimum, while 4GB is the minimum to get for high-detail 1080p play in 2022.

First, Ethereum GPU mining requires more than 4GB of VRAM, so if you're still hanging on to an RX 570 4GB, it won't work — and neither will the new Radeon RX 6500 XT. Second, there are a lot of different software packages for mining, but we're taking the easy route and using NiceHash Miner.

Answer: Yes, this coin is profitable to mine based on most mining calculators. You can use Whattomine and other mining calculators to determine how profitable it is to mine Dogecoin with different miners. The coin has been profitable to mine since September 2021.

#1) Bitcoin

Bitcoin is open-source and one of the best cryptocurrencies to mine with GPU. It uses peer to peer (P2P) technology that facilitates instant payments. This digital currency helps you make payments from your mobile easily. Mining Bitcoin enables you to make payments without revealing your identity.

Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.

The EVGA GeForce GTX 1660 – Best for Cheap Graphic Card Option. The AMD Radeon RX 6700 XT – Best for High Memory Speed. ASUS TUF Gaming NVIDIA GeForce RTX 3080 – Best for Low Electricity Cost.

How many GPU needed for mining? ›

GPUs are the most crucial part of the whole mining rig setup as it's the component that generates the profits. It's recommended you purchase six GTX 1070 GPUs.

It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 30 days.

0.27 USD / Day

*Please note that values are only estimates based on past performance - real values can be lower or higher. Exchange rate of 1 BTC = 23067.13 USD was used.

Get a card with at least 6GB, and preferably 8GB or more for gaming at 1080p. You'll need more memory if you play with all the settings turned up or you install high-resolution texture packs. And if you're gaming at very high resolutions such as 4K, more than 8GB is ideal.

As of Tuesday, January 24, 2023, it would take 2,135.6 days to mine 1 Bitcoin at the current Bitcoin difficulty level along with the mining hashrate and block reward; a Bitcoin mining hashrate of 140.00 TH/s consuming 3,010.00 watts of power at $0.05 per kWh, and a block reward of 6.25 BTC.

2gb is still enough to play any game on the market, you just have to set the settings accordingly (or let GeForce experience do it for you).

Any card with 2GB is more than sufficient for dual monitor configurations and for all sorts of games. If you are going for more than two monitors then you might need to consider 4GB cards.

As long as your system meets the general requirements and has at least one GPU with at least 3GB of RAM, you can mine Ethereum. Some Gaming laptops do have high end cards, but with the considerable heat generated from mining there could be other impacts to your laptop so it's best to go with a desktop build.

Based on the current schedule, all Bitcoin will be mined and in circulation by the year 2140, which leaves a significant amount of time ahead for the network to grow and become more globalized. In 2140, all of a miner's revenue will be associated with just the transaction fees on the network.

How do I increase my mining Hashrate? ›

To increase the hashrate when mining Ethash based coins, set the number of hashes per kernel to the recommended optimal settings for your hardware. Optimisation can produce >5% hashrate increase.

3. How long does it take to mine 1 Dogecoin? A CPU with a hash rate of 20 kH/s and a power consumption of 100 Watts is required to earn a Dogecoin in approximately 1,325 days, according to the Dogecoin Mining Calculator.

You can mine Shiba Inu with either a central processing unit (CPU) or a graphics processing unit (GPU). Typically, GPU mining is more profitable as it can offer more hash rate per dollar. The best CPU brands are from Advanced Micro Devices Inc.

10,000 DOGE (block reward) x 1,440 (blocks per day) = 14,400,000 DOGE are mined every day. How long it effectively takes to mine 1 Dogecoin depends on how much hashpower a miner provides to the network.

As of 15 June 2022, the best cryptocurrency to mine for most modern graphics cards is Ethereum (ETH). However, for some graphics cards, such as the Nvidia GeForce RTX 3060 and 3070, the most profitable cryptocurrency to mine is Ergo (ERG).

Bitcoin is still considered one of the most profitable coins to mine with an ASIC. Moreover, today, platforms such as ECOS support cloud mining for Bitcoin without having to buy or own expensive hardware.

Some non-minable coins are for example XRP, EOS, Stellar and NEM. These are cryptocurrency Projects where a developer has completely premined the coins at the start of the project and then later distributed them to the public. So in this scenario all the coins are premined upfront and are usually sold in ICO.

Considering the rapid pace at which GameFi has been growing over the past couple of years, Metacade is definitely one to look out for and is voted our best crypto to stake for 2023.

The cheapest way to mine cryptocurrency

However, if there is a cheaper way to mine, it's cloud mining. It doesn't require the purchase of equipment or the payment of electricity bills. However, it has its own drawbacks, including a lack of flexibility in choosing a coin to mine and the risk of fraud.

Is Ravencoin mining still profitable? Not right now. Mining Ravencoin is not profitable at this time with the mining hardware hashrate of 350.00 MH/s, electricity costs, and pool / maintenance fees provided.

How long can I run my GPU for mining? ›

These are tough, high-end components built to withstand the constant heating and cooling of intensive video gaming and graphics rendering. If you are looking for a ballpark figure, you should assume at least 3 years of life out of a GPU. 5 years would be a fairly average lifespan. Even 10 years isn't unheard of.

Q #2) How long does it take to mine 1 Ethereum? Answer: It takes around 7.5 days to mine Ethereum as of September 13, 2021, at the hash rate or hashing power of 500 mh/s with an NVIDIA GTX 3090 that hashes at around 500MH/s. With a GPU that hashes at around 28.2 MH/S, it should take much longer.

Before you purchase your own bitcoin mining rig, really, how much can you make mining Bitcoin in 2022? Generally speaking, if you're mining Bitcoin at home, you can make anywhere from $30 to $450 per mining machine each month.

The average rate for most miners, however, stands at 30 days.

NVIDIA GeForce RTX 3060 can generate more than 7.64 USD monthly income with a 20.43 MH/s hashrate on the RVN - KawPow (NBMiner) algorithm.

RTX 3060 should perform somewhere around 45 MH/s. NVIDIA limited crypto mining on the RTX 3060 by 50% with a combination of driver, firmware, and BIOS limits. The RTX 3060 can currently achieve only around 22 MH/s. This is a confirmed hashrate.

With its EVGA GeForce RTX 3060 XC Gaming running QuickMiner from NiceHash the dev driver yielded a hash rate over 41MH/s. This compares against the dual driver/BIOS hack performance of 35MH/s, and the previous top performance of this hardware of 21.7MH/s.

11yr 1GB and 2GB have the same performance, the only difference is the memory which is used mostly when hooking it up to an external monitor. Although some say that certain games use alot of VRAM aswell such as BF3 and that the 2GB performs better on such games so it may be something to research and consider aswell.

Based on recommendations from companies like Nvidia and Adobe, you'll want at least 4GB for light work, and finding a current-generation or older GPU with 4GB shouldn't be too hard.

How much Hashrate is needed to mine a Dogecoin? ›

The current Dogecoin hashrate is 848.71 TH/s, representing the global Dogecoin network hashrate with a mining difficulty of 12.45 M at block height 4,568,499. View the Dogecoin hashrate chart for current and all time Dogecoin historical hashrates.

One block is created every ten minutes, equating to about 144 blocks created in a day. About 6.25 BTC coins are issued for every block, creating a rate that reduces by roughly half every four years.

What Is Considered a Good Hash Rate? A high hash rate is generally considered favorable as it shows a large number of miners are verifying transactions. As of March 2022, the world hash rate is 209.7 million terahashes per second. (A terahash equals one trillion hashes).

Minimum Recommended. * Plus a one-time 340 GB download the first time you start Bitcoin Core.

GPUs are ideal for mining cryptocurrencies due to their higher hash processing power and efficiency.

Mining uses very low bandwidth. The packages that are received on the miner and then sent back to the stratum (pool) are very small in size. The data packet (mining jobs) sent back and forth is only about a couple of bytes in size. But, these data packets, or mining jobs, need to be sent back and forth very quickly.

GPU mining itself isn't a danger to your PC—it's the mileage. Since most GPUs rely on attached or auxiliary fans, these parts can degrade faster during periods of sustained use. To prevent damage to your card, you'll need to clean them often.

Q #2) How long does it take to mine 1 Ethereum? Answer: It takes around 7.5 days to mine Ethereum as of September 13, 2021, at the hash rate or hashing power of 500 mh/s with an NVIDIA GTX 3090 that hashes at around 500MH/s. With a GPU that hashes at around 28.2 MH/S, it should take much longer.