Is RTX 3070 amongst the best efficiency GPU to mine ETH?

Didz

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Quote from: philipma1957 on March 21, 2022, 08:42:39 AM

I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.

They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490

https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602? I have purchased from this seller he was good.

philipma1957 I just received my EVGA GeForce RTX 2060 12GB XC GAMING and after many OC trials I got 29.79 MH on Ethash with a CORE of -512 and a MEM of 1024 at 100 Watt (on GMiner software).

The memory is Micron.

How do you obtain 37 mhs at 85 watts?

For now, in term of efficiency (hashrate per watt) it's not so good with only 0.2979 but in terms of hashrate per GPU cost (29.79 MH / 700 CAD = 0.0426 MH / 1$) it's pretty good. Fortunately, I pay 0.10 CAD per kWh.

Didz

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Quote from: philipma1957 on March 21, 2022, 08:42:39 AM

I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.

They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490

https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602? I have purchased from this seller he was good.

Damn philipma1957 you made me look up the GPUs and I finally bought one RTX 2060 12GB for 700 CAD. Same model but the 6 GB few months ago I paid 1 200 CAD.

Yes the PoS for Ethereum should come in June but I still think mining other altcoins with GPUs will remain profitable even post ETH 2.0.

The problem with staking ETH to run a validator it's because we need at least 16 ETH for one validator on RocketPool it's very expensive. Without running a node you can stake as little as 0.01 ETH on Rocketpool and you pay fee between 5 to 20% to the node operator but the actual % APR is just around 4% and the RPL tokens APR is around 14%. Mining ETH with GPUs is more around 80% APR.

But if you expect ETH price to go around 12k after The Merge and RPL token around 500$ then it will become really profitable to stake ETH but for now we have to be patient.

alucard20724

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Quote from: Salamande on March 21, 2022, 11:19:20 AM

Quote from: philipma1957 on March 21, 2022, 08:42:39 AM

I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.

They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490

https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602? I have purchased from this seller he was good.

My 3060's v2 are doing 37mhx @ 115W (software) Humm can I get those result... what is your settings? Im using HiveOS

He's talking about 2060 and you're asking him about 3060 V2? Huh

Here's a link to help you on your 3060V2
https://www.hashrate.no/3060v2

Salamande

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Quote from: philipma1957 on March 21, 2022, 08:42:39 AM

I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.

They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490

https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602? I have purchased from this seller he was good.

My 3060's v2 are doing 37mhx @ 115W (software) Humm can I get those result... what is your settings? Im using HiveOS

sxemini

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Quote from: philipma1957 on March 21, 2022, 08:42:39 AM

I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.

They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490

https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602? I have purchased from this seller he was good.

85w software reading, never ever from the wall. They can maybe do 37mh, but normal hashrates are 35 - 36 long term stable

My RTX 4000 series take around 90w from the wall for 37.28mh out of the box.

philipma1957

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'The right to privacy matters'

I got 13 of these yesterday.

https://www.evga.com/products/product.aspx?pn=12G-P4-2263-KR

I paid 431 a card with six months no interest to pay.

They do 37 mhs at 85 watts. 12 gb ram 3 year warranty these are pretty good.

They are on ebay for 488-490

https://www.ebay.com/itm/284661293897?

https://www.ebay.com/itm/294726907602? I have purchased from this seller he was good.

Coinfarm ventures

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Quote from: Synerggy on March 20, 2022, 02:57:24 PM

The 80watts from RX5600 and 50 watts from RX5500 are not from the wall this are watts power shown in miners you need wattmeter to measure the exact power consumption from wall.

Or you can just add 40w or so to the reported power, then multiply it by 1.1x for 120v / 1.08x for 240v (if your PSU is 80+ Gold).

Coinfarm ventures

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Quote from: rdluffy on April 28, 2021, 09:02:54 PM

RTX 3070 and 3060ti are almost the same in ETH, and yes, both are the best hashrate per watt available

I have both
3060ti - 61.10Mhs using 130w on the wall
3070 - 60.19 using 134w on the wall

In this case, the obvious choice is the RTX 3060 Ti because of the lower purchase price and depreciation.

Synerggy

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Futiracoin.com

Quote from: sxemini on April 29, 2021, 06:28:36 AM

RX 5600 44mh with 80 watts = 0,55mh per watt
RX 5500 28.5 with 50 watts = 0,57 per watt

but thats are stats from other users, i don´t own 1 of that cards to test, but it can be. Maybe someone with this cards can tell us more?

The 80watts from RX5600 and 50 watts from RX5500 are not from the wall this are watts power shown in miners you need wattmeter to measure the exact power consumption from wall.

philipma1957

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'The right to privacy matters'

Quote from: Didz on March 19, 2022, 12:14:19 PM

Amazing info!
Thank you philipma1957.

Unfortunately, The Merge will happen soon with Ethereum Consensus Mechanism so we won't be able to mine ETH with graphics cards anymore so in my humble opinion, buying graphics cards now is not a judicious investment decision on long term. When you look at all the other coins to mine, their daily volumes and market caps and sooooo tiny compared to ETH and most of them don't have real use cases (except to be an investment vehicle) that I'm pretty sure our mining profitability will drop enormously, I'm expecting maybe 50-80% drop.

This is why for the last 6 months, I have been studying Ubuntu Server and Rocket Pool documentations and started to run validators on the ETH beacon chain. It's the future, no doubt. It's crazy just on Rocket Pool, every day, big dogs or institutions (banks, insurance cies, hedge funds etc), are staking in average 2-3 millions USD of ETH value into the Rocket Pool protocol.

And and Nvidia have a lot to lose if eth goes full on pos.

I smell a hybrid system coming up.

Didz

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Amazing info!
Thank you philipma1957.

Unfortunately, The Merge will happen soon with Ethereum Consensus Mechanism so we won't be able to mine ETH with graphics cards anymore so in my humble opinion, buying graphics cards now is not a judicious investment decision on long term. When you look at all the other coins to mine, their daily volumes and market caps and sooooo tiny compared to ETH and most of them don't have real use cases (except to be an investment vehicle) that I'm pretty sure our mining profitability will drop enormously, I'm expecting maybe 50-80% drop.

This is why for the last 6 months, I have been studying Ubuntu Server and Rocket Pool documentations and started to run validators on the ETH beacon chain. It's the future, no doubt. It's crazy just on Rocket Pool, every day, big dogs or institutions (banks, insurance cies, hedge funds etc), are staking in average 2-3 millions USD of ETH value into the Rocket Pool protocol.

philipma1957

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'The right to privacy matters'

The best card to buy is this card.

https://www.cdw.com/product/nvidia-rtx-a2000-graphics-card-rtx-a2000-12-gb/6819614?pfm=srh

if you can get it in stock it can be as low as 600-650

it uses no wires just the slot.
it pulls about 69 watts
it does 40mh

but find it in stock at 600-650 or finding the 6gb version in stock at 550 is really fucking hard to do.

https://www.cdw.com/product/nvidia-rtx-a2000-graphics-card-rtx-a2000-6-gb/6810376?pfm=srh

I have 56 of the 6gb cards on back order.

they will go into 12 card cases.

do 480 gh I paid 550 a card or 6600 plus 1200 = 7800 for a 12 card build that does 480mh at 960 watts.

Crypt0Gore

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Quote from: gathermind on May 01, 2021, 12:30:53 PM

Hello,

I get chance at low price to buy one display card.
1) 3060Ti with Price USD 900
2) 3060 with Price USD 680

As I know 3060Ti about 60Mh/s while 3060 only 48Mh/s
Which one should I/you would buy?

Is nVidia going to nerf 3060 hashrate? I am nervous... Huh

3060 cards can't get nerfd after you buy them, if it's LHR version it's already LHR out of the box, check the corner of the package it should say V2 if it's LHR but with V1 we can still use HDMI dumble to achieve better hashrate speed, it's 50MH per 3060 if it's not LHR with 110watt power consumption.

FirmWars

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Quote from: Didz on April 28, 2021, 08:54:09 PM

Hi Guys,

Until know I mostly bought GTX 1660 Super for my rigs but in term of efficiency (hashrate per watt) I think it's not amongst the best GPU to mine ETH. After OC with a GTX 1660 Super I got in average 31.80 MH/s and 70 Watts so its efficiency is approximately 0.45 MH per Watt (31.80/70).

I realized that with a RTX 3070 after OC you got in average 62.30 MH/s and 115 Watts (with the new absolute core clock feature of HiveOS) so its efficiency is approximately 0.54 MH per Watt (62.30/115) Roll Eyes

.

Yes the RTX 3070 is around 2,000$ on Ebay almost double price compared to the GTX 1660 Super but you also get almost double hash rate. Also I saw Red Panda Mining building a 6 X RTX 3070 mining rig with the same components that I use for a 6 X GTX 1660 Super except for the PSU, I need a 1300 W 80+ Gold (I normally buy 1000 W 80+ Gold for my 6 X GTX 1660 Super, I like to have a little extra power).

I think from now on, I will start to buy RTX 3070 GPUs considering in average the efficiency for RTX 3070 is 0.54 MH per Watt VS 0.45 MH per Watt for the GTX 1660 Super. We are talking approximately about 20% efficiency improvement!

Please let me know if I forget something in my analysis?

Thanks

You are wrong, there is a way to go lower than 70watt on those gtx1660 super it's what I used for my rig too, after watching some YouTube video from a Caleb guy there is a way to go lower using Trex absolute core clock, 20% less watt is possible.

https://youtu.be/4fNhJmJbcRk

Quote from: jorgescott056 on March 11, 2022, 05:52:13 AM

The Minerstats 3070 is without a doubt the best graphics card on the market for most people. It delivers performance on par with the 3060 ti ftw ultra at less than half the price, truly bringing 4K gaming to the mainstream for the first time.

What are you saying? Minerstat don't build or manufacture graphic cards themselves they are just building mining rigs and sell, also 6x RTX3070 build is over 9,000$ that's a mess, waste of money.

jorgescott056

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The Minerstats 3070 is without a doubt the best graphics card on the market for most people. It delivers performance on par with the 3060 ti ftw ultra at less than half the price, truly bringing 4K gaming to the mainstream for the first time.

Wotan Wipeout

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@rdluffy

Good point.
I will check it today.

Didz

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Quote from: swogerino on May 01, 2021, 02:46:56 PM

Quote from: gathermind on May 01, 2021, 12:30:53 PM

Hello,

I get chance at low price to buy one display card.
1) 3060Ti with Price USD 900
2) 3060 with Price USD 680

As I know 3060Ti about 60Mh/s while 3060 only 48Mh/s
Which one should I/you would buy?

Is nVidia going to nerf 3060 hashrate? I am nervous... Huh

I think Nvidia have said that they will cut in half their mining efficiency for their cards but they said that they will do this only on new version of cards produced so that means the hashrates will stay the same in the cards.The 3060 Ti is way more efficient in mining than 3060 so you should buy that as that 220 USD price difference will be covered during the mining operation.

I have just been browsing on Ebay and the 3060 Ti is almost the same price as the 3070 and in many instances the 3060 Ti is even more expensive.

rdluffy

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Quote from: Wotan Wipeout on May 01, 2021, 02:57:03 PM

Lots of answers, and nearly correct. The 3070 is a fine card, but the master of hash / watt ratio is the 6800.
It gives around 63 MH/s +-1 MH/s for around 100 - 110 Watt. Not more to say.

But it's not power on the wall, it's only on software
Here's a video showing thath 6800 is using 145w on the wall: https://www.youtube.com/watch?v=hMDHQBNyVNs

3070 and 3060ti uses less than 145w on the wall

If you have someone measuring 100w or 110w total on a Kill a Watt for example, I would like to see how to get this result, it would be awesome

Wotan Wipeout

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Lots of answers, and nearly correct. The 3070 is a fine card, but the master of hash / watt ratio is the 6800.
It gives around 63 MH/s +-1 MH/s for around 100 - 110 Watt. Not more to say.

swogerino

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Bitcoin Casino Est. 2013

Quote from: gathermind on May 01, 2021, 12:30:53 PM

Hello,

I get chance at low price to buy one display card.
1) 3060Ti with Price USD 900
2) 3060 with Price USD 680

As I know 3060Ti about 60Mh/s while 3060 only 48Mh/s
Which one should I/you would buy?

Is nVidia going to nerf 3060 hashrate? I am nervous... Huh

I think Nvidia have said that they will cut in half their mining efficiency for their cards but they said that they will do this only on new version of cards produced so that means the hashrates will stay the same in the cards.The 3060 Ti is way more efficient in mining than 3060 so you should buy that as that 220 USD price difference will be covered during the mining operation.

Topic: Is RTX 3070 amongst the best efficiency GPU to mine ETH? (Read 625 times)