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The Best GPU for 2023: A Comprehensive Comparison

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Welcome back, everyone! In today’s article, we will be diving into the world of GPUs and taking a closer look at the best options available for mining in 2023. We will be comparing the RTX 4090, the RTX 4070, and the RTX 3070 to determine which one offers the best value in terms of hash rate, efficiency, and price.

Hash Rate Analysis:

To start off our analysis, we need to have an understanding of the hash rates these GPUs are capable of producing. While it is important to note that the numbers provided by hash rate websites like aren’t always 100% accurate, they do give us a good idea of what to expect based on other users’ tests. In this comparison, we will be using the hash rates provided by

Considering Profitability:

Next, let’s take a look at the current profitability of various coins to determine how each GPU performs in different mining scenarios. We will be focusing on coins like Nexa, Radiant, Iron Fish, Dynex, and Elysium. However, it is worth mentioning that some coins, like Casp, might not be profitable in the near future due to upcoming law changes. Nevertheless, it is crucial to analyze the current profitability of these coins as it gives us insight into the general outlook for GPU mining.

Efficiency and Cost Analysis:

Moving on, let’s dive into the efficiency and cost analysis of each GPU. To do this, we will be using the most efficient settings recommended by, taking into account the current prices in Canada. It’s important to note that prices may vary depending on your location, but it will give us a good starting point for our analysis.

The RTX 4090, priced at $2100 in Canada, seems to be the most expensive GPU in this comparison. However, considering its MSRP is lower than the RTX 3090, it offers a better deal compared to its predecessor. When looking at its price to hash rate ratio, it appears to be the most cost-effective option for mining in 2023.

On the other hand, we have the RTX 3070, which is an older model and can be found on the used market. This makes it the cheapest option in terms of cost per hash rate. However, its efficiency might not be as impressive as the newer models.

Comparing the different models in terms of efficiency, the RTX 4090 reigns supreme. It offers the best power-to-hash ratio, making it the most efficient GPU for mining. This is particularly relevant for miners who have higher electricity costs, as efficiency becomes a crucial factor in their decision-making process.

Future Considerations:

As we approach 2023, it is important to consider the impending release of the 5000 series GPUs. These new models are expected to be even more efficient than the 4000 series. This raises the question of whether it is worth investing in the current generation of GPUs or waiting for the release of the 5000 series.


In conclusion, we have compared the RTX 4090, RTX 4070, and RTX 3070 to determine the best GPU for mining in 2023. Based on our analysis, it appears that the RTX 4090 offers the best value in terms of efficiency and cost-effectiveness. Although it is the most expensive GPU in this comparison, it presents a compelling option considering its power-to-hash ratio.

However, it is important to consider the release of the 5000 series GPUs in the near future. Waiting for the arrival of these new models might be a wise decision, as they are expected to provide even better efficiency and performance.

Ultimately, the choice of which GPU to purchase depends on individual circumstances, such as location, electricity costs, and budgetary constraints. We hope this comparison has provided you with valuable insights into the best GPU options for mining in 2023.

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  1. Something very important that was overlooked here is that these are all mostly core intensive algorithms and not memory intensive. The 4070 is actually vastly inferior to even the 3070 on memory intensive algorithms due to the crippled bus width, and even the 4090 is less appealing at the current price when you consider it's not significantly better than a 3090 on memory intensive algorithms compared to how much better it is on core intensive. And can't forget that memory intensive is more ASIC resistant. Another factor that is overlooked on 4090 is that the power plug was designed poorly, there have been cases of the plug melting even when doing everything right (Making sure it's plugged in fully, not bending wire, not using an adapter, etc). So need to consider that risk when building a farm of 4090s is it's a greater fire hazard than previous generations unless you restrict it to only mine below TDP, but apparently on some algorithms the most efficient is full power (I don't personally own one).

  2. I think the conversation will evolve. The RTX 4xxx series are only good on core intensive algos. Once ASICs overwhelm a project, if the fall back projects are ones such as Kawpow its not good. Looking at the used market is very viable. RTX 2060 Super and RTX 3070 are cards of interest for me.

  3. i have got around 20x 3070 and finally got my hands on a 4070 yesterday. When to nvidia UK website and bought one. it cost me, 1 month of NEXA mining. hope it worth it. Would have love to buy 4090 or 4080 but waiting for better deals.

  4. You have to be absolutely brain dead for considering buying a RTX 4090 at its current MSRP, especially for mining scam coins like DYNEX and/or IRONFISH, it's a trap on so many levels lol

  5. Rabid. Here are my results with two of the ADA GPUs right now, 4.28.23: Iron Fish 4070 Ti 22.83 GH @ 142 Watts; 4070 17.53 GH @ 115 watts. RVN/NEOXA/MEWC 4070 Ti 33.85 mh/s @ 210 watts; 4070 30.49 mh/s @ 155 watts. ALPH 4070 Ti 2.431 GH @ 137 watts; 4070 1.863 GH @ 113 watts. DNX 4070 Ti 3.930 KH @ 79 watts; 4070 2.988 KH @ 62 watts. RXD 4070 Ti 1.508 GH @ 124 watts; 4070 1.155 GH @ 104 watts. ETC/ETHW/ETHF 4070 Ti 63.36 MH @ 128 watts; 4070 62.49 MH @ 133 watts. KAS 4070 Ti 1.094 GH @ 118 watts; 4070 838.4 MH @ 99 watts.

  6. I have 3 of the 4070 Tis and 3 of the 4070s. My vote for an open air-rig is a 4090. My vote for Octominers is the 4070 Ti. The 4070 Ti takes roughly the same clocks on all the core algo coins you'd want to mine with them. They are more efficient than the 4070s on all of those same coins. The PNY Verto-Triple fan (Black Model), Gigabyte Eagle and ASUS Tuf 4070 Tis fit in the Octominer. The other GPUs are too long. Remember, a 4070 Ti is a more efficient 3090 on core algo coins and a 4070 is a more efficient 3080 on core algo coins. They are terrible however on RVN, ERG, ETC..etc

  7. You read my mind Rabid… I was looking for a video on this, this morning… didn't find anything worth while. I just watched a DJ mines video, and then it rolled over to this… I had to get up to see when you posted it, and it says 2 hours ago lol…. weird I have been buying 3070's, probably just going to stick with getting a rig full of them, while selling my 2000 series cards.

  8. Hate to say it, but I sold everything at the end of 2021 and haven't looked back. Only thing I have today is a single 3070 that I use for an occasional game. With Ethereum gone, the alt coins are so speculative that its difficult to invest into.

    If I was forced to buy something today, it would be the 3070's. Since it's the cheapest up front, and betting on a future roi is too uncertain. Your break even on a 4090 at .06/kwh is.. what? 4 years? Could just put that in a zero risk HYSA and be up $450.

  9. well I guess I'm lucky when it comes to used market then. In the past month I bought 2×3070's $340-350 each and a TUF 3080 for $450 (which is only used for 3 months almost brand new) idk how it works there but no tax on used market here either so I guess Turkey has the lowest used gpu prices lol BUT when the mining craze begins… prices are worse than anywhere in the world for sure. I bought a 3080 ftw3 for $2200 at the peak of the gold rush. now they sell for $450-500

    edit: I just realised your prices are in CAD 🙂

  10. Today I'm selling all my hardware. I'm waiting at my home a few hours later he gonna come. I guess I'm gonna buy 3x 5950x and start cpu minning. Should I or not. I don't know. I want to ask this question to you Rabid.
    ( At Turkey 3070 ti second hand with 10 month guaranty inno card 400$. )

  11. I just bought 2 4070's MSI OC editions, they are running $599 each right now and I absolutely love them. they dont get hot at all, completely quiet ant im profitable on most coins, actually getting ready to buy a couple more. Amazon still has them and newegg I believe, check um out Rabid! thanks for the vid man good stuff!

  12. I'm going all in on the rtx 50-series nvidia graphics cards (if my financial situation is good) as I am hearing that the 5090 will be over twice as powerful as the 4090 and they will be releasing before-ish the bull run which is always exciting!

  13. Going for the 4070tis, middle density, good eff but the price is not quite there yet. The 4090 is too complicated on the psu side as most need 3x pci-e power plus riser, with the 4070ti I get 4x gpus on a 1500w psu using 10x pci-e 8pin.

  14. I think the 4070 is the best of the 4000 series. It's not as efficient as the others, but the difference in actual power cost for me is pennies per day. They're easy to get. The FE's are still in stock at BestBuy at the time I'm writing this. Three of them will yield more coin than one 4090 or two 4070ti's across multiple algos. That's the most important thing to me. I like them.

  15. Did you take a look at 3080 and 3090, been looking for more ram then the 3070 for the future and there is some really cheap 3080 in my area, around 600$ Can//, just not sure if I want to invest in gpu or asics.

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