What graphics card can mine ETH (What graphics card is good for mining Ethereum in 2021)
What graphics card can mine ETH According to the latest news, the mining diffic
What graphics card can mine ETH According to the latest news, the mining difficulty of ETH reached 15T (approximately 13 minutes) yesterday, and the Ethereum network hash rate also dropped from 17K to 12K. Currently, the usage rate of Ethereum classic graphics cards has gradually decreased (about 60%).
According to data from ethscan.io, as of the time of writing, the price of Ethereum classic graphics cards has fallen below $10,000, but official data statistics show that their prices are still rising. The 1G NVIDIA RTX3080 has less than 2GB of memory, which means that this graphics card cannot mine Ethereum coins normally, so it is necessary to pay attention to purchasing other graphics cards for mining.
What graphics card is good for mining Ethereum in 2021
With the fluctuation of Bitcoin prices, the mining difficulty of Ethereum is also constantly increasing. Graphics chip manufacturer NVIDIA announced that it will release the latest generation of gaming GPU “Ethash” in the first half of 2021. According to NVIDIA’s data, there are already more than 150 new graphics cards on the market that support mining of four virtual currencies: ETH, ETC, and Cardano.
Since January this year, the overall downward trend in the cryptocurrency market has slowed down, but due to the rise in the price of Ethereum during the pandemic, the demand for mining continues to grow. The current hash rate of the Ethereum network has exceeded 600P, accounting for nearly 10% of the global hash rate; in addition, according to Bloomberg, Bitmain has also released a new product series, Antminer L3+, which is expected to be launched in December 2020. (“The Wall Street Journal”)
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