Best Video Card For Bitcoin Mining

At the beginning of 2021, interest in mining has grown significantly against the background of the rise in prices for the cryptocurrencies themselves.

On February 21, Bitcoin updated its historical maximum value at around $ 58.3 thousand, and a week before that, miners broke the 2017 record, earning $ 354.4 million in just seven days.

The growth in demand for mining equipment is also confirmed by the Avito announcement service. In a press release received, it is said that in February the demand for video cards in the country increased by an average of 2.6 times, and they became interested in ready-made mining farms 3.8 times more often than a year earlier.

The number of advertisements for the sale of ready-made mining farms has also increased by 65%. But despite the sharp increase in interest in video cards, the offer to sell them increased by only 18%. Avito analysts have also compiled a rating of the popularity of video cards for mining.

Geforce GTX 1060
The most popular graphics card on the platform is the Geforce GTX 1060, which has recently been discontinued. Miners consider it a good option for building a mining farm due to its relatively low cost and low power consumption. In February, interest in the GTX 1060 grew 3.8 times, and the price increased by 75% compared to last year. Now Geforce GTX 1060 can be bought for 190$. The number of ads for the sale of a video card has grown by 70%.

Geforce GTX 1070
Interest in the Geforce GTX 1070 line jumped 3.9x last month. The price of a video card is on average 407$, which is twice as much as last year. The number of announcements for the sale of the Geforce GTX 1070, as well as its more productive modification 1070 Ti, has also doubled.

Radeon RX 570
The third most popular is AMD’s Radeon RX 570 graphics card, which is used to mine Ethereum. The interest in her in February increased by 5.2 times. On Avito they sell it for an average of 203$. (a year earlier – 6.5 thousand rubles). The number of new announcements for the sale of the Radeon RX 570 this year has grown by 2.8 times.

Radeon RX 580
Another graphics card from AMD for Ethereum mining took the fourth place. Interest in the chip has grown 5.4 times by February 2020, the cost has increased 2.4 times. Now the average price of Radeon RX 580 is 267$. Video cards are being sold 2.6 times more often.

Geforce GTX 1080
Like its predecessor, the GTX 1080 lineup featured two options: 1080 and 1080 Ti. In the announcements for their sale, it is noted that the chips are very hot, but this did not stop the demand for them from increasing 3.8 times. The average cost of a video card is 570$, which is 83% more expensive than in February last year.

Radeon RX 470
The sixth place was taken by the video card from AMD Radeon RX 470, the demand for which jumped 4.9 times compared to last year. The number of offers for sale increased 2.2 times. You can buy RX 470 for 122$. This is 64% more expensive than last year.

Geforce GTX 1050
Although the Geforce GTX 1050 has become obsolete and has been discontinued, interest in it has grown 4.6 times over the past month, and the cost has increased by 64% to 122$. In February, the number of ads for the sale of a video card increased by 94%.

Geforce RTX 2060
The eighth place was taken by the video card, which went on sale in early 2019. In February, interest in it among Avito users increased 9.2 times. The price of the chip has increased by 2.3 times and is 611$.

Radeon RX 470
The Radeon RX 470 graphics card went on sale in mid-2016. Nevertheless, the interest of miners in it does not subside. In February, demand for it increased 3.2 times, but the number of new announcements for the sale of Radeon RX 470 increased by only 9%. The chip has risen in price by 76%.

Geforce GTX 960
Geforce GTX 960, which went on sale back in 2015, closes the top ten. In the last month, interest in the video card has grown by 78%, while the number of advertisements for its sale has decreased by 28%. The average cost of a chip growth over the year – 50%.