As reported roughly three months back, it looks like AMD’s Radeon RX 6600 XT is going to be the most efficient graphics card for Ether mining with an average power draw of just 55W, beating the Radeon VII, GeForce RTX 3060 Ti, and even the RTX 3070 by a fair margin. Although the card has a modest hash rate of just 32 MH/s (compared to 93 on the VII, 37 on the 3060, and 58 on the Ti), it draws only half as much power as the RTX 3060, its nearest NVIDIA rival (55W vs 110W).
Considering the Ether block on the GeForce RTX 30 series GPUs, and the influx of the LHR (Light Hash Rate) variants into the market, the Radeon RX 6600 XT is a no brainer if you’re looking to mine. With a price tag of close to $400, you’re paying roughly $100 more than you should be but I doubt that’ll deter an Ethereum miner. Please note that this data was provided by a Reddit user on the AMD subreddit and as such, hasn’t been independently verified by popular mining websites just yet.
Furthermore, over the last couple of weeks, the price of Ethereum has been climbing, reaching a three-month high of $3,262 a while back. This means Ethereum is once again one of the most profitable cryptocurrencies for miners, reaching its second-highest peak for the second time this year.
Not only that. The mass exodus of miners from China means that the total number of users mining Ethereum has dropped quite significantly, although it would seem that the space vacated is being quickly populated by other enterprising individuals. Still, Ether’s difficulty chart is a notch lower compared to earlier this year when practically everyone was mining it.