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3 Popular Mining Pools For AMD GPU (Guide)

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As with gaming, for mining, you also have two major options when it comes to mining with GPUs: getting an Nvidia or an AMD card.

Nvidia cards are far more popular as they have history to back them up as great processing units for gamers that want the most out of their experience.

AMD, however, has been manufacturing great pieces of technology too. In this article, then, we will check if it is worth mining with these GPUs and what mining pools can help you make the most out of them.

Are AMD GPUs good for mining?

They definitely are, but you need to care about which model you are picking up for mining. As one can imagine, old models will be less efficient in mining.

Integrated models are also not recommended, since those are laptop versions running within a CPU (you will only fry your CPU by crossing its threshold).

What counts when you are choosing a GPU to mine is knowing which coins you are interested in getting.

Read Are Tesla GPUs good for mining? 

Then you should calculate the hash rate power you will need to make the card pay for itself as soon as possible and then how much you will profit after it.

In the intro, we mentioned that AMD is usually behind Nvidia. However, when it comes to mining, AMD has one advantage: the company doesn’t limit the mining power of the hardware.

In case you don’t know, Nvidia designed the RTX 3060 with a limiter to mine Ethereum, hoping that this would hold miners back. However, miners were still able to remove the limiter due to the configurations of the card’s driver.

At Kryptex, you can take a look at a lot of data regarding the profitability of GPUs. It is on such data that we will base the topic below.

Which AMD GPU is best for mining?

With so many AMD GPUs in the market, it takes plenty of research to decide which is the best for mining. Or, sometimes, you don’t want the perfect GPU, but only one that is good enough.

Knowing about how endless such research can be, we have already done the job for you, thus bringing here a list of options you can consider.

Each GPU recommended has certain specs that can appeal to different people.

If you are an Apple user, check Mining Pools For Mac Users.

AMD Radeon RX 5700 XT

This AMD graphics card is already two years old, which is a lot of time in terms of technology, especially GPUs. However, make no mistake, as the Radeon RX 5700 XT is keeping up just fine.

Its 7nm manufacturing process has set it apart from even older models, making it shine in the eyes of both gamers and miners when it got released.

AMD cards have some pitfalls when it comes to gaming. The lack of DLSS 2.0 and poorer ray tracing puts them usually behind Nvidia.

However, these things don’t matter much for mining, so you won’t find it to be a bad card for such a purpose. Very much the opposite, really.

We will be honest telling you that this isn’t the best model you can pick up from AMD, but it has a great balance between price and profitability, putting it among the best. Radeon RX 5700 XT counts with:

  • 56,5MH/s (average)
  • 8GB GGDR6 VRAM
  • 130 W

The expected monthly profitability for this card is $121.52 (mining ETH).

For more data regarding mining with this GPU, check the Kryptex page for it.

AMD VII

If you are looking for the best hash rate that will make the best profit in the long (very long) run, then the AMD VII will be your best friend from now on.

It still is behind some Nvidia GPUs in terms of hash rate. But this is the best AMD graphics card for mining in terms of profitability, according to data collected by Kryptex.

As you can imagine, this card is very expensive, so you should buy it only if you are sure of this investment. Also, you shouldn’t expect this component to pay for itself right away.

According to Kryptex, it takes around 349 days to get your money back by mining. This is roughly one year, but remember that crypto coins are volatile, so you can try to keep up with the market and exchange the coins you mine for what you think will rise in price.

  • 95MH/s (average)
  • 16GB HBM2 VRAM
  • 230 W

The expected monthly profitability for this card is $203.98 (mining ETH)

For more data regarding mining with this GPU, check the Kryptex page for it.

AMD RX 580 8GB

An option that is for budget buyers is the RX 580. It has a lower hash rate than the other GPUs already mentioned above, thus making less profit. However, if you worry about getting back what you paid as soon as possible and then make some additional income passively, this might be a nice graphics card.

Note that “as soon as possible” here means 161 days according to Kryptex. It is roughly half a year, but it is a payback that happens much sooner than plenty of other options you could go with.

  • 32,2MH/s (average)
  • 8GB GDDR5 VRAM
  • 140 W

The expected monthly profitability for this card is $69,13 (mining ETH).

For more data regarding mining with this GPU, check the Kryptex page for it.

Is Joining Pools Worth It?

Yes, it certainly is. Mining pools help miners have more success even if each miner has a lesser reward each time they successfully help to mine a block.

A mining pool is a collaborative effort between miners. Instead of competing to validate the next block in the network, miners can join their computing power and work together to collect validations.

This is an amazing option for miners who only count on the processing power of a single GPU or a cheap GPU.

In some networks, a single GPU isn’t enough to “win the race” of validating the next block.

A cheap, not very powerful GPU, then, is far from enough. However, when you join forces with other miners, rewards become more tangible.

Even for miners with a great mining rig, joining a mining pool can be a great deal. It is statistically known that the income from pooled mining is steadier than from solo mining.

The biggest con is that pools can suffer Denial-of-Service (popularly called DoS) attacks.

But mining pools are still very popular, so this factor shouldn’t count in deciding, especially if you don’t have much computing power at your disposal.

If you are located in Australia, read 3 Best Mining Pools For Australia.

3 Best Mining Pools For AMD GPU

Some people look for “the most profitable mining pool for AMD GPU”. However, there is no such thing.

The profitability of mining depends on many factors: the network you are joining (Ether, Monero, Ripple, etc.) and the value of the coin you are given as reward; how many people are mining the same coin, thus making the network more or less competitive (this affects the chances of being the next to validate a block); the hash rate of your GPU; the mining software you chose; etc.

Each mining software is developed by different people, so each might use a code with slight or huge variations, impacting how it allows your GPU to make the most out of itself.

What makes a difference, also, is picking up a mining pool that is easy to join, has a nice number of users so that you can always get rewards, and also is compatible with AMD GPUs.

Moreover, it needs to be compatible with the coin you want to mine. Since there are thousands of cryptocurrencies, we can’t indicate pools that cover them all.

However, below are some trustable pools you can join to mine valuable coins (such as Ether).

2miners

2miners offers support to many high tradeable altcoins. When you check the site, you can learn what is the expected hash rate mining each coin and also the ping (ms) depending on the country you live in.

Unmineable

We already recommended this pool in the post covering Tron. This pool is amazing if you are after those PoS coins but you don’t want to spend your fiat money buying them. You can mine Ether and get rewarded in Tron, Neo, and other coins (you have to set that up for yourself).

Spark Pool

Spark Pool has one of the highest hash rates and also a huge number of miners using it. That way, making a profit with it is granted. It also has an app you can download on your phone so that you can keep up with your mining activity even when you are away from your rig.

Choosing The Best Mining Software

Picking up good software matters a lot. Because of that, we are listing here two great options you can choose.

Team Red Miner

Team Red Miner is, in fact, one of the best mining pools when it comes to mining Ether. Not only that, but it is AMD-exclusive, meaning that this is exactly what you need.

It is compatible with either Windows or Linux. It supports the following coins: Ether, EtherCash, Ravencoin, Ergo, Vertcoin, Nimiq, Lux, Argoneum, Conceal, Turtlecoin.

You can download Team Red Miner here. And here is a comprehensive guide to download and install the last version of the mining pool software.

Phoenix Miner

Just behind the Team Red Miner, the Phoenix miner is also an amazing option for AMD users (but it is compatible with Nvidia too).

Just like the first mining pool software we recommended, this one also works with either Windows or Linux. If you have computers using a different OS, you can test each version and check what works best for you.

You can download the Phoenix Miner here. The site also teaches you how to install it and gives you a list of genuinely supported GPUs.

Phoenix Miner allows you to mine any coin built on Ethash (there are plenty of them).

Final Thoughts

As you can see, there are lots of factors one needs to consider before start mining. We already spared part of the job for you and recommended great options regarding GPU, mining software and pool.

However, if you want to dig deeper, you can learn more about mining by talking to people at Reddit and other forums.

There is no threshold for how much a person can learn, and learning about crypto can only improve your profits if that’s what you seek.

Additional reading: Mining with VPN.