{"id":6163,"date":"2022-01-05T11:28:27","date_gmt":"2022-01-05T09:28:27","guid":{"rendered":"https:\/\/godex.io\/blog\/?p=6163"},"modified":"2024-03-05T17:36:00","modified_gmt":"2024-03-05T15:36:00","slug":"best-monero-mining-hardware-godex-io","status":"publish","type":"post","link":"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io","title":{"rendered":"Best Monero Mining Hardware"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_25_1 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#monero_mining_basics\" title=\"Monero Mining Basics\">Monero Mining Basics<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#how_to_start_monero_mining_today\" title=\"How to start Monero Mining today?\">How to start Monero Mining today?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#what_is_the_best_hardware_for_mining_monero\" title=\"What is the best hardware for mining Monero?\">What is the best hardware for mining Monero?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#best_cpu_monero_mining_hardware\" title=\"Best CPU Monero Mining Hardware\">Best CPU Monero Mining Hardware<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#best_gpu_monero_mining_hardware\" title=\"Best GPU Monero Mining Hardware\">Best GPU Monero Mining Hardware<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#is_monero_mining_profitable_2021-2025\" title=\"Is Monero Mining Profitable 2021-2025?\">Is Monero Mining Profitable 2021-2025?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#buy_monero_xrm_at_godexio\" title=\"Buy Monero (XRM) at Godex.io\">Buy Monero (XRM) at Godex.io<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#best_monero_mining_wallets_in_2021\" title=\"Best Monero mining wallets in 2021\">Best Monero mining wallets in 2021<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/godex.io\/blog\/best-monero-mining-hardware-godex-io\/#is_monero_worth_mining\" title=\"Is Monero worth mining?\">Is Monero worth mining?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"monero_mining_basics\"><\/span><span style=\"font-weight: 400;\">Monero Mining Basics<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Monero (XRM) is a cryptocurrency, which occupies a strong position among the top-30 cryptos. The reason for this is fairly simple &#8211; <a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/coin\/xmr\">XRM<\/a> is anonymous and unlike other coins its privacy is real and is not affected by various cryptocurrency regulations. The additional advantage is the easy mining &#8211; even a newcomer to the crypto world can start mining Monero with simple mining software. Hence, this review will cover the existing mining options for Monero and make recommendations for the most profitable and secure XRM mining.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"how_to_start_monero_mining_today\"><\/span><span style=\"font-weight: 400;\">How to start Monero Mining today?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you have ever investigated the topic of cryptocurrency mining, you\u2019ve come across the terms CPU (central processing unit) and GPU (graphic processing unit) mining. You shouldn\u2019t mix these terms as they are completely different. GPU performs digital rendering into your computer and requires a specific graphic card for your computer to start mining. On the contrary, the CPU is the component of the computer that executes commands from hardware to software. In this case to start mining you require the crypto wallet and Bitcoin mining software.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You have to understand that in terms of efficiency GPU is a better option for XMR mining due to several reasons:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">speed &#8211; GPU works faster especially once complex mathematical calculations are required in mining process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">upgrade options &#8211; you cannot upgrade CPU as often as GPU<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">energy consumption &#8211; CPU consumes more energy in comparison to GPU<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">efficiency &#8211; CPU capacity is limited, once you place too much pressure on your computer it starts lagging and mining becomes harder. With GPU your capacity is seamless.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Before starting mining Monero you\u2019ll require both mining software and hardware. The simplest procedure for the newcomer is to install Monero software, purchase the XRM mining hardware, join the mining pool and buy a crypto wallet address. Let\u2019s dive into CPU and GPU mining in detail.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"what_is_the_best_hardware_for_mining_monero\"><\/span><span style=\"font-weight: 400;\">What is the best hardware for mining Monero?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As we\u2019ve mentioned earlier your mining capacity significantly depends on the mining hardware you choose. Regardless of you choice between <a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.omnisci.com\/technical-glossary\/cpu-vs-gpu#:~:text=The%20main%20difference%20between%20CPU,resolution%20images%20and%20video%20concurrently.\">CPU or GPU<\/a> Monero mining you should look for Monero hardware with:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Low electricity consumption<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">High processing power (so-called \u2018hash rate\u2019)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cost that fits your requirement<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"best_cpu_monero_mining_hardware\"><\/span><span style=\"font-weight: 400;\">Best CPU Monero Mining Hardware<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When we\u2019re talking about the best CPU miner for Monero, several options are to be considered:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">AMD EPYC 7742 &#8211; that\u2019s one of the most powerful Monero mining hardware available on the market capable of mining at a hash rate of 44 000 H\/s. But this power is pricy, starting from $7000, hence it\u2019s might not be your option as a start<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.amd.com\/en\/products\/cpu\/amd-ryzen-threadripper-3970x\"><span style=\"font-weight: 400;\">AMD Ryzen Threadripper 3970X<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; it has 220 watts of power in comparison to 225 for AMD EPYC, but taken into account its $1900 price it seems a much better option<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Intel Core i9-10900K &#8211; starts from $488 on Amazon and is the best Monero mining hardware from Intel. Its power is 125 watts and cannot be compared to AMD hardware, but it\u2019s still the best Intel option available<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"best_gpu_monero_mining_hardware\"><\/span><span style=\"font-weight: 400;\">Best GPU Monero Mining Hardware<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When we\u2019re choosing the best hardware for mining Monero it\u2019s crucial to remember that processing power is the key to profitability. It means that the GPU is a unique choice for most users offering the best combination of power and price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the best examples of GPU hardware include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.amazon.com\/gp\/product\/B07532T488\/ref=as_li_ss_tl?ie=UTF8&amp;linkCode=ll1&amp;tag=summreci-20&amp;linkId=6d3e4976224b8f49ce349de9b815f71d\"><span style=\"font-weight: 400;\">AMD RX Vega 56<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; uses 110 watts for mining at a hash rate of 1800 H\/s and costs about $3300, offering the best combination of power and price for GPU hardware<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NVIDIA GTX 1080 Ti\u00a0 &#8211; runs at 160 watts and has a hash rate of 1000 H\/s. The price is about $1300, which is not as good as for some CPU hardware, but if you don\u2019t care much about cheap electricity it might be an option<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/www.amazon.com\/gp\/product\/B00HGLNOHW\/ref=as_li_ss_tl?ie=UTF8&amp;linkCode=ll1&amp;tag=summreci-20&amp;linkId=9779819a22a7d19c9fd1b5cc97dd649d\"><span style=\"font-weight: 400;\">AMD HD 7990<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; that\u2019s not the newest option, but still outperforms many competitors with high hash rate of 1100 H\/s and 110 watts consumption\u00a0<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"is_monero_mining_profitable_2021-2025\"><\/span><span style=\"font-weight: 400;\">Is Monero Mining Profitable 2021-2025?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Once you\u2019ve got acquainted with the best monero mining hardware comparison you have to make the final decision, which hardware to purchase and here the expected profitability should help you to make the decision. One of the simplest options is to use a Monero mining calculator such as WhattoMine.com.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here, you\u2019ll have to enter such parameters as hardware costs, electricity costs, Monero price and mining pool fees (in case you don\u2019t plan a solo mining). As you understand, all the parameters except XRM price you can control. Hence the best option is to establish the benchmark for your potential profit and choose the hardware that will fit this benchmark leaving price as a constant in this equation. Taking into account the existent bullish trend on the crypto market, it\u2019s quite possible that you\u2019ll underestimate your profit, but it\u2019s always better than otherwise. Once you\u2019ve got the figure of potential profit you can decide what to do next: mine Monero or just purchase it at any exchange and store it in your crypto wallet.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"buy_monero_xrm_at_godexio\"><\/span><span style=\"font-weight: 400;\">Buy Monero (XRM) at Godex.io<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There is no one choice fitting any investor. It means you don\u2019t have to start mining Monero if you believe that a bullish trend will prevail on the crypto market in the next five years. You might choose to buy XRM on a crypto exchange like <\/span><a target=\"_blank\" rel=\u201dnofollow,noopener\u201d href=\"https:\/\/godex.io\/\"><span style=\"font-weight: 400;\">Godex.io <\/span><\/a><span style=\"font-weight: 400;\">and enjoy your profits. Here you\u2019ll get several unique advantages:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">fixed exchange rates<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">complete anonymity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">unlimited number of transactions per day<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">unlimited amount per transaction<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">fast order execution\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You can also combine mining with investing in crypto. In such a case you can eliminate risks due to Monero fluctuations and gain higher profits.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n\n\t<div class='traid_link'>\n\t\t<div class='traid_link-info'>\n\t\t\t<p class='traid_link-header'>Get <\/p>\n\t\t\t<p class='traid_link-text'>Start a Cryptocurrency exchange. Try our crypto exchange platform<\/p>\n\t\t<\/div>\n\t\t<a target='_blank' href='https:\/\/godex.io\/exchange\/btc-to-xmr'>Exchange ><\/a>\n\t<\/div>\n\t\n<h2><span class=\"ez-toc-section\" id=\"best_monero_mining_wallets_in_2021\"><\/span><span style=\"font-weight: 400;\">Best Monero mining wallets in 2021<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Let\u2019s imagine that you\u2019ve chosen the Monero mining hardware and installed software supporting your hardware. Does it mean that you can start mining? Not yet, you\u2019ve missed an important ingredient &#8211; wallet address. You require a wallet to send your Monero mining profits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact it\u2019s a bad idea to send your XRM to exchange and become the victim of numerous scammers. Taking into account that Monero provides various privacy features to its owners it\u2019s more vulnerable to hackers and scammers than other cryptos. It means that a minded investor has to make additional precautions against cyber threats and store XRM in the most secure places. In fact, the wallet is the best place to store Monero.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You have several options:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Monero wallet &#8211; that\u2019s official wallet fully dedicated to XRM, you cannot store profits from any other cryptos in it<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Monerujo &#8211; the popular mobile wallet for storing XRM. It\u2019s listed on Monero website and supports Android devices<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ledger Nano X &#8211; one of the safest hardware wallets on the market, although comes at higher price\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exodus &#8211; multi-currency wallet, where you can both store XRM and exchange it for other cryptos<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"is_monero_worth_mining\"><\/span><span style=\"font-weight: 400;\">Is Monero worth mining?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There is no straightforward answer to this question. As with any other cryptos there are many factors to consider before the start of XRM mining. You have to understand that to make Monero mining profitable you have to possess several advantages:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">have access to cheap electricity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">have access to CPU or GPU hardware with discounts<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">mine at bull market<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Currently, when the prices on crypto demonstrate the upward trend Monero mining is anyway a good option. But you have to keep an eye on market fluctuations and adjust your mining strategy accordingly.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents Monero Mining BasicsHow to start Monero Mining today?What is the best hardware for mining Monero?Best CPU Monero Mining HardwareBest GPU Monero Mining HardwareIs Monero Mining Profitable 2021-2025?Buy Monero (XRM) at Godex.ioBest Monero mining wallets in 2021Is Monero worth mining? Monero Mining Basics Monero (XRM) is a cryptocurrency, which occupies a strong position [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1873,1870],"tags":[1479,505,1511,463],"yst_prominent_words":[],"class_list":["post-6163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides","category-crypto-mining","tag-crypto-mining","tag-cryptocurrency","tag-mining-software","tag-monero"],"lang":"en","translations":{"en":6163},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/6163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/comments?post=6163"}],"version-history":[{"count":3,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/6163\/revisions"}],"predecessor-version":[{"id":6751,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/posts\/6163\/revisions\/6751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media\/6164"}],"wp:attachment":[{"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/media?parent=6163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/categories?post=6163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/tags?post=6163"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/godex.io\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=6163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}