Silent Ethereum Mining On EVGA GeForce GTX 1060 at 22 MH/s

If you can’t find any AMD Radeon RX 480 and Radeon RX 580 video cards to purchase and don’t want to pay more for the NVIDIA GeForce GTX 1070 graphics card that is starting to become scarce on the market you might want to look at the NVIDIA GeForce GTX 1060. You can still find the GeForce GTX 1060 at retailers and they do pretty decent when it comes to mining Ethereum.

Earlier this week we showed you that the NVIDIA GeForce GTX 1070 Founders Edition had really good hashrate performance of around 27 MH/s in stock form and then easily over 30 MH/s with the memory overclocked. Most GeForce GTX 1070 8GB graphics cards are over $400, so today we are going to be looking at the lower cost GeForce GTX 1060 graphics card. This card in-stock for purchase at most retailers and prices start around $249.99 and depending on the model you should have a hashrate of around 18-19 MH/s. Once you overclock the memory you should be able to get the hashrate on the GTX 1060 up to around 22-23 on most cards. With six of these cards in a mining rig you are looking at roughly 135 MH/s for your $1,500-$2,000 investment in buying six GeForce GTX 1060 video cards. If you are lucky you might be able to hit 24 MH/s if you get some decent overclockers!

EVGA GeForce GTX 1060 FTW+ GAMING

 

We did some testing on the EVGA GeForce GTX 1060 FTW+ 6GB video card on Claymore’s Dual Ethereum AMD+NVIDIA GPU Miner v9.5 and got some pretty interesting results that we wanted to share with you. This card is priced at $5.99 shipped, but it uses the same GPU cooler as the lower cost GeForce GTX 1060 6GB SSC gaming.

Note that for the Estimated GPU power that we subtracted the overall power consumption at the wall outlet of the system at idle from the overall system power number while mining.

Effective Memory Clock Est. GPU Power Temperature Power Target Fan Speed Hashrate
 8000 MHz  99.9W  68C  100%  22%  18.88 MH/s
 8500 MHz  103.9W  70C  100%  24%  20.04 MH/s
 9000 MHz  105.9W  70C  100%  25%  21.34 MH/s
 9500 MHz 109.9W  70C  100%  26%  22.77 MH/s
 10000 MHz 112.9W  70C  100%  27%  23.61 MH/s

We used the EVGA Precision X OC utility to overclock the memory on the EVGA GeForce GTX 1060 and managed to overclock the cards memory from an effective rate of 8,000 MHz all the way up to 10,000 MHz! Our hashrate mining Ethereum went from 18.88 MH/s to 23.61 MH/s! Most impressive was the fact that the GeForce GTX 1060 was only using 100 to 113 Watts of power our temperatures were 70C or lower and the fans were pretty quiet. Our card didn’t like running the 6GB of GDDR5 memory at 10,000 MHz for long periods of time and we started to get artifacts on the screen, so we lowered it down to 9,500 MHz as that was rock solid.

GeForce GTX 1060 Ethereum Mining

We know that lowering the power target can reduce the power draw, so to help ease our electric bill we lowered the power target and got shocking results.

Effective Memory Clock Est. GPU Power Temperature Power Target Fan Speed Hashrate
 9500 MHz 109.9W  70C  100%  26%  22.77 MH/s
 9500 MHz  100.9W  68C  68%  22%  22.72 MH/s
 9500 MHz  88.9W  65C  60%  17%  22.57 MH/s
 9500 MHz  80.9W  62C  55%  11%  22.55 MH/s
 9500 MHz  72.9W  61C  50% 8%  22.20 MH/s
 9500 MHz 64.9W  58C  45%  0%  22.11 MH/s
 9500 MHz 58.1W  56C  40%  0%  17.90 MH/s

By lowering the power target we managed to go from ~110 Watts of power at 22.8 MH/s to just ~65 Watts of power at 22.1 MH/s. As you lower the power target the hashrate does take a slight performance hit, but loosing roughly 0.5 MH/s for cutting the power use by 45 Watts is pretty slick. We also managed to drop our temperature from 70C down to 58C and on this 0dB graphics card model that means the fans stop spinning!

EVGA GeForce GTX 1060 Ethereum Mining With No Fans

So, we are mining Ethereum getting 22 MH/s on a card using 65 Watts of power with no fan noise. That is pretty crazy! Fanless silent Ethrereum mining! If you go down to a power target of 40% the hashrate takes a major performance hit and it isn’t worth going below 45%.

Profit From Our One Overclocked GeForce GTX 1060 at 100% Power Target:

Profit From Our One Overclocked GeForce GTX 1060 at 45% Power Target:

It looks like mining on one GeForce GTX 1060 that has the memory overclocked that you’ll make about $1,700 a year in profit based on Ethereum prices today (~$352). Lowering the power target will reduce your power bill by a good $50 a year, but it means you’ll mine slightly less a year. If you don’t care about the power bill, heat and noise you are still best off leaving the power target close to 100%, but if you want silence and less heat in your home lowering the power target isn’t a bad idea.

If you buy six of these cards you are looking at a profit of about $10,080 per year or if you get seven cards that number rises to $11,760 per year. How much would it cost to build a Ethereum mining PC that can hold seven of these cards for around 155-160 MH/s of performance? Here is a quick example of the hardware you’d need:

MSI Z170A Gaming M5 Motherboard – $129.39 shipped
Intel Celeron G3930 Processor – $41.00 shipped
PCIe 16x to 1x Adapters – $8.99 each and up to 7 needed
Cable Ties – $5.99 shipped (Got to hold those video cards up to something)
EVGA GeForce GTX 1060 6GB SSC Graphics Card – $266.11 shipped up to 7 needed
Crucial 4GB Single DDR4 2133MHz Memory Module – $29.98 shipped
Seasonic Prime 1000W 80PLUS Platinum Power Supply – $239.24 shipped (An 850W 80PLUS Platinum PSU is $128.49)
SATA to 8-pin PCIe power adapters  – $6 shipped (Most Power Supplies don’t have 7 8-pin PCIe power connectors)
DREVO X1 Series 60GB SSD – $39.99 shipped
AmazonBasics Wired Keyboard & Mouse – $14.99 shipped
Case – We’d suggest making your own with milk crates or something creative
OS – Linux or Windows… Grab an ISO and use what you prefer!
Power Meter To Make Power Adjustments – $18.53 shipped

You are looking at around $2,450 to setup a system like this that should be capable of mining just shy of 3 Ether per month at the current difficulty levels. That means you’d be making about $966 per month if all goes well. That means you’d get your investment back in the hardware in right about 2.5 months. Not bad for 155-160 MH/s and

Hopefully you can find enough GeForce GTX 1060 video cards to purchase right now to build the mining rig that you want to make! You can find GeForce GTX 1060 3GB models and 6GB models, but keep in mind that the DAG file will eventually grow past 3GB based on the projections of many.

Be sure to check out our previous coverage on Ethereum mining: 

6/18/2017 Update – We highly advise using this profitability calculator as it estimates the ever increasing difficulty. Thanks to those that pointed that out!

Print
  • Ankit Patil

    Sorry but this may be a noob question. Most motherboards have 1 3.0 pcie slot x16 and rest 5 as pcie 2.0 x1. You are using latest gpus but connecting them through x1 to x16 connector. Does connector reduce ultimate hashing power? And hypothetically does pcie 3.0 x16 perform (read more hash rate) better than pcie 2.0 x16 with SAME GPU?

  • Šimon Horňák

    Can you please tell me how to extend power target limit slider? On my MSI GTX 1070 gaming X 8GB I can slide it only from 50 percent to 126 percent. I am currently at 50 percent but I would like to go lower – something like 45 percent. Is there any way how to do it?

  • Adam

    Hey
    Could tell us how to setup it on MSI afterburner? to Fans stop move? ;O help us please

  • bitminer

    hi nathan , planning to start mining , cost of graphic cards is sky rocketting , iam gettingGE FORCE 1060 6 GB around 22 k INR AND sapphire rx 580 nitro + around 36 k INR OR SAPPHIRE 580 PULSE AROUND 34 K iam intendinfg to build 6 cards rig , kindly advise what will be more profitable and best configuration for long term mining .

  • bitminer

    the prices specified are india rupees

  • bitminer

    hi , planning to start mining , getting ge force 1060 6 gb at around 22 k or sapphire rx 580 nitro plus 8 gb around 36 k (prices are exorbitant) , what should i opt for as iam interested in ether mining / dual mining , kindly advise best combination

  • Xazax

    Question, I just got 2 ASUS 1060 6GB 9GPBS but they’re only hashing at 19Mhs overclocked! stock they are doing 16 Mhs. What setting am I missing? My MSI Laptop 1060 does 22/23 Overclocked. Everything setting exactly the same. Whats the deal with the ASUS? Any ideas?

  • Josh Meckel

    No longer useful. All of the 1060s are sold out. 🙁

  • AndreySolo

    1.Hi! Is it any differents in perfomance between 6gb or 3gb versions? And same question about differents between ssc, ftw+, sc version?
    2. Why all these guys searching for 1000w version of Psu if 850 version will be enought?

    • Nathan Kirsch

      1) When it comes to differences between frame buffers there really isn’t a difference other than the 3GB is next to be obsolete with the ever growing DAG size. This might matter if you switch coins down the road if you want to mine another currency.

      2) I personally like 80 PLUS Platinum models as the are efficient, but not overpriced as bad as the 80 PLUS Titanium models. I like to to bigger than I need as it’s more efficient that way. Running close to the max Wattage on the PSU reduces the efficiency of the unit. I attached a chart below that shows this for you to look at. https://uploads.disquscdn.com/images/281aa68f283c9e3af20ecdb344442d547c9638ddbedde11ce3535963d9c1b4c3.png

      • AndreySolo

        Thx a lot for answer! In my country gtx 1060 3gb cost 290$ and 6gb ver. – 370$. I want to buy 7 cards as you recomended. Different in price will be about 560$! Is it worth it? Should i buy 6 gb version or 3gb? What do you think?

        • Nathan Kirsch

          How long will it take to get your money back with this calculator that has the increasing difficulty factored in the best as they could figure out – http://www.mycryptobuddy.com/EthereumMiningCalculator

          I’m not sure how much your electricity costs and how long you want to mine. If you plan on mining other coins down the road as eventually Ethereum won’t be profitable to mine due to the increased difficulty and move to PoS.

        • AndreySolo

          Thank you very much, i am very appreciated! In my country MSI Z170A Gaming M5 cost around 200$ but MSI Z170A Gaming Pro Carbon cost 150$. Is this a good substitute? They seem to be the same in extraction.

  • Richard

    I don’t get it… there is a $0.20c difference. Tell me why is that worth it?

    • Patrick Cuyegkeng

      That was the point. Running them at full power consumption and running them at the 45% power target yielded only a $0.20 difference in profit overall, yet dramatically different levels in terms of heat, fan noise, and power bill. You could undervolt to 45%, have a smaller power bill, virtually silent mining rig, and not cost yourself any profit margin.

  • kk

    @Nathan kirsch
    Brother can you please elaborate the difference between different card manufacturers 1060 and how does that effect mining rate , temperature and power draw?

    Is zotac 1060 amp 6 gb ddr5 produces the same output?

    I couldn’t find any evga ftw+ 1060.

    Thank you for your article, am eagerly looking forward for you reply.

    • Nathan Kirsch

      There are dozens of GeForce GTX 1060 cards on the market. How long are you wanting to mine? If you are looking for short term the 3GB models not be bad as they cost less and work with current DAG size and the Ethereum PoS move still seems to be a number of months away. Which will happen first? Not sure.

      • kk

        Thanks for the response, yeah you had mentioned it in the article, i want to mine for long term and i was wondering if the memory overclocking and power draw reduction will apply for all 1060 cards or it is just for this specific evga ftw+ card.

        • Nathan Kirsch

          It applies to all, but keep in mind that overclocking varies per card!

  • Abe

    im at lost.. where do you set the Effective Memory Clock 9500 MHz? i dont see it in your screenshots.

    • Nathan Kirsch

      Abe, Thanks for the catch I need to investigate that further. GPU-Z shows 2377 MHz (9,508 MHz Effective) and EVGA PrecisionX does indeed show 4551 MHz (9,102 MHz effective). I have screen shots for each test done, so I’ll have to look at them all again. (9,100 MHz would be great news)

      • Nathan Kirsch

        I spoke with Jacob over at EVGA and was told this: “The PXOC numbers are correct, not sure how GPU-Z is reading.” Looks like GPU-Z has a bug!

  • Behrouz Sedigh

    One thing, That 22Mh/s Is current Hashrate, It’s quite different than average hashrate.You should do Mining for 24 hours then get average Hashrate during 24 Hours.
    Mine is RX480 with hashrate up to 28Mh/s but average is around 26Mh/s.

  • Behrouz Sedigh

    Here mine , 6x RX480 = between 142Mh/s to 164Mh/s

  • Reka Primasetyo
    • nkd

      Yea you fail to comprehend a simple fact. AMD cant make rx 580s or 480s in any manner and crazy nutbags are buying them for over $400 each. You can get gtx 1060s for 270 ish right now. Still way less power. No one is saying rx series is not a better choice but not at $400 price range.

  • Xvicha

    Hello, Nvidia Geforce gtx 1070 founder edition 8gb is good for mining? how much mhz while mining? please answer

  • nkd

    If I am going by your screenshots of GPUZ and Evga Precision X. your memory is actually running at 9.1GHz effective QDR rate. 2002×4 is 8008 default on the card so 2275QDR in GPUz should be 9100 effective, also precision x is 4551×2 equals 9100 as well. Am I missing something here?

    • Nathan Kirsch

      Thanks for the catch I need to investigate that further. GPU-Z shows 2377 MHz (9,508 MHz Effective) and EVGA PrecisionX does indeed show 4551 MHz (9,102 MHz effective). I have screen shots for each test done, so I’ll have to look at them all again. (9,100 MHz would be great news)

      • nkd

        Correct Nathan. There is some sort of a bug in software or drivers. If you note under sensors screenshot on gpuz it is reading correct 2275. Problem right now is even I have this issue right now, that you have to set higher speed in afterburner then actual effective rate. I am at 9.2 ghz on my 1070s I have running but in GPUz main screen it does say 9.6ghz, which is incorrect but sensors tab does show 2302 under stress. But in afterburner I have to set it to +800 instead of +600. Technically +800 should give me 9.6 but due to some sort of bug additional overhead is required in overclocking software to get effective rate of 9.2ghz.

        • Nathan Kirsch

          From Jacob at EVGA – I spoke with Jacob over at EVGA and was told this: “The PXOC numbers are correct, not sure how GPU-Z is reading.”

  • Acer Head

    I guess where you are the ambient temperature is very low, isn’t it?

    • Nathan Kirsch

      I have over a dozen cards running in the basement, so it is rather cool. Right now it’s 77F or 25C in the room. The GPU is sitting in a open air test system right now by itself. After mining for 3 hours I’m getting 52-55C on the GPU. If I use an infrared thermometer on the PCB directly behind the memory chips I’m getting around 66C, so the memory is indeed running hotter than the GPU, but 66C isn’t too bad. That is the hottest spot on the back of the card. I’ve had a few people ask about the memory temps, so took a look at this yesterday. https://uploads.disquscdn.com/images/595e2e39c8b0763fc6afc77b8423edaefadb75135fcba386c78fbf6d18239e73.jpg

  • giorgi
    • Nathan Kirsch

      So, two systems of four or two systems of 8? Eight GTX 1060’s dialed down to say 70 Watts would use 560 Watts of power before you factor in the rest of the hardware. You might be able to get away with a good 750W PSU like that. The price isn’t bad at $140 and it’s in stock – http://amzn.to/2sBLBQJ

      What board are you using with 8 slots if you don’t mind me asking. Always curious to see what the community is using to mine!

      • Giorgi

        With 8slots I am using asus z270-A motherboard. Thanks but on the back this psu has 4 vga slot. How can i connect 8 vga ? Also one more question. Are there difference between msi 1060 oc 1873 and asus rog 1060 oc1873 ?(i mean hashrate)

      • Giorgi

        Can you link me qhich 1060 is better for mining? Msi asus zotac or gygabite ? Or how can i know hashrate of gpu?

  • Rogério Dantas

    My setup is good to start mining?
    CPU AMD FX 6100, GTX 1060 3GB Galax, 8GB RAM.

    • Nathan Kirsch

      yeah, that should be good for around $130 a month in profit!

      • Rogério Dantas

        $130 24/7?

        • Mabutu

          Of course, that means leaving the rig on 24/7 for a month.

        • Rogério Dantas

          Thank you!

  • Mabutu

    Everyone’s gone absolutely nuts cos I can’t even find 1000w PSUs!

    • Nathan Kirsch

      Some still available on Amazon:

      80 PLUS Platinum
      EVGA SuperNova P2 1000W – $249.07 – http://amzn.to/2tdMdK2
      EVGA SuperNova 1000 PS – $225.14 – http://amzn.to/2rqTyol
      Corsair HX1000i – $229.99 – http://amzn.to/2tdCVxw
      Seasonic Prime 1000W – $252.48 – http://amzn.to/2rqRbSr

      80PLUS GOLD
      EVGA 1000 GQ – $156.61 – http://amzn.to/2sE1oza
      EVGA SuperNova 1000 G3 – $149.99 – http://amzn.to/2tdZliv
      Corsair RM1000x 1000W – $152.73 – http://amzn.to/2sJFPg2
      Corsair RM1000i 1000W – $179.99 – http://amzn.to/2rH9Bxs

      • Mabutu

        I’m afraid I’m across the pond, in UK. =)

      • Mabutu

        Hi Nathan Kirsch I had to settle for Corsair RM1000x 1000w 80Plus Gold at $217 as this was the best I could find under 1000w category, and believe me I hunted everywhere.

        I settled for the following:

        Intel Pentium G4400 3.3GHz
        MSI Z170A GAMING M5
        8Gb Crucial DDR4 2133MHz

        Palit GeForce GTX 1060 Dual 6GB x 7

        Do you think that Corsair RM1000x PSU above will be fine with these 7 GPUs, tweaked with MSI afterburner?

        I have absolutely no experience in bit mining so this is all new to me and quite fascinating.

        • prem prince

          Hey,
          Did you check the hashrate for palit gpu?
          Hows the performance of msi board for 7 gpu, i’m looking to buy asus z270-a prime motherboard.

        • Nathan Kirsch

          Yeah, I think you’ll be good with a 1K PSU as you’ll be undervolting!

    • Bobbiemwells

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    • Josh Meckel

      Dont buy a pc power supply. Buy a server one and a breakout board. It costs about $80 for a full setup for 1000w. Then you use a 400w powersupply to power your risers.

  • ravi shankar

    Hello,

    I am planning to setup a small rig as I have a small budget. Is it a good idea to buy a single 11 GB card or two 6 GB card each.

    I have narrowed down 2 options.
    1. Zotac GeForce GTX 1080Ti Founders Edition 11 GB
    2. MSI Geforce GTX 1060 Gaming X 6G Twin Frozer VI PCI-E Graphics Card 6 GB

    Please guide

    • Mabutu

      I’d take three 1060s

      • Nathan Kirsch

        yeah at ~65W and 22 MH/s the three 1060 cards would get you more performance for less power. That would run you about $800 though and a 1080 Ti can be bought for $689. If you plan on only mining for a few months the 1080 Ti will pay for itself and would make for a good gaming GPU after you mine. Depends on what your long term goals are. If it’s just mining then 66 MH/s from 3 1060’s is more than you’d get on a single 1080 Ti

        • ravi shankar

          Thank you so much 🙂

  • Mabutu

    You guys are awesome, bless you LegitReviews!

  • Dan

    Great hints ! Thanks for sharing.