AMD Radeon RX 580 AMD's RX 580 was released back in 2017 and is still one of the best low-budget GPUs for mining, with a price ranging between around $180 and $230. The card is used mainly for mining Ether and has 8 GB of memory, but it consumes little power at just 150 W.
In addition, is GPU mining still profitable 2020?
GPU mining in 2020 will be stable as it is now. ... Mining in general is only profitable in the long term if you have free electricity because you are competing with companies that have millions in money and get get everything cheaper than you.
Still further, can you mine litecoin with GPU? Mining Hardware By 2011, the competition had ramped up, and the only way to mine bitcoin profitably was using a graphics processing unit (GPU). By choosing Scrypt, Lee allowed litecoin to be mined on CPUs, but that didn't last long either. Soon GPUs were being used to mine litecoin as well.
After all, is litecoin mining profitable 2020?
Is Litecoin Mining Profitable? When using updated stats to December 2020 with a power cost of 10 cents per KW, you'll find that you'll actually be losing money. This means that if you don't have access to extremely cheap electricity and a cool environment, Litecoin mining is probably not profitable for you.
How long does a mining GPU last?
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.
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7 More Questions Answered
Broadly speaking, the answer is “yes.” While buying secondhand graphics cards from Bitcoin miners carries a few inherent risks, they're not really greater than the risks of buying used parts in the first place.
It's more versatile, has better technology, and has far more real-world applications. Compared to Bitcoin, it's also relatively cheap, making it much more accessible to investors with a smaller bankroll At the current valuations, you could buy around 30 Ethereum for the price of a single Bitcoin.
There are currently 18,557,181.25 bitcoins in existence. This number changes about every 10 minutes when new blocks are mined. Right now, each new block adds 6.25 bitcoins into circulation.
It has made Litecoin a preferred method for sending crypto to and from exchanges, while Bitcoin is now used more as a store of value. ... Litecoin did just that at its bear market bottom. But now that the low has been put in, Litecoin is once again a good investment.7 days ago
The Top 5 Cryptocurrencies to Mine 
- Grin (GRIN)
- ZEC (ZCash)
- RavenCoin (RVN)
- Monero (XMR)
- Ethereum Classic (ETC)
4 Easiest Ways to Earn Free LitecoinLitecoin is a peer-to-peer cryptocurrency created based on the Bitcoin protocol. ... The easiest and most popular way to earn free Litecoin is through a Litecoin faucet. ... After completing the microtasks, the faucet will reward you with a small amount of Litecoin (Lithoshi).