The crypto mining performance of the Nvidia Geforce GTX 1050 TI 4gb, caught attention in the cryptocurrency world due to the fact that it is helpful when it comes to mining Ethereum.
Nvidia presented their line of GTX 1050 and GTX 1050 TI GPUs as an entry level tool for gamers, mainly as two successors of the popular GTX 750 TI and the GTX 950. With the use of an MSI GeForce GTX 1050 TI 4G OC video card we ran a quick test and observed what Nvidia has to offer in terms of performance and crypto mining algorithms.
Hence, even though the GTX 1050 TI might not seem the most powerful solution for mining, it is actual helpful because of its lower power consumption per board. In other words, the GTX 1050 TI 4G Hashrate is a viable solution for those that are planning to mine Ethereum from a lower power home mining rig.
GTX 1050 TI SPECIFICATIONS
A slightly distinct GPU configuration is what offer the GTX 1050 TI a total of 768 CUDA cores, spread amongst the six SM units. The featured GP107 GPU in the GTX 1050 TI has a clock speed of 1,290 MHz with a boost clock of 1,392 MHz, yet in reality both the stock and OC cards will go farther than those clock speeds the minute you start mining with this GPU.
When it comes to memory, the GTX 1050 TI features 4GB GDDR5 memory running at a constant 7Gps. The memory can be reached through an aggregated 128-bit bus able to offer 112 GB/s of total bandwidth.
Anyhow, one of its most important features is related to the power configuration, which comes with a thermal design of just 75w, mainly signifying it can get all its energy directly from the motherboard’s PCIe slot and does not need extra power connectors from the PSU.
Mining Ethereum with GTX 1050 TI
Well, if you are looking for an affordable manner to mine cryptocurrency and if you are especially interested in Ethereum, the GTX 1050 TI might turn out to be a great solution for you.
It is considered to be the most cost-effective and efficient tool on the market, some even labelling it as the cheapest Ethereum mining GPU of all times.
Yet keep in mind that Hashrate can be extremely influenced by the VRAM you use and, in some cases, it was observed that a memory from Samsung can offer better results when compared to other options.
For mining Ethereum with a rig in your home, the GTX 1050 TI comes with amazing power/hash ratio. It requires only 40 watts to get you a hashrate of 11.9 MH/s, which we admit it is not so impressive, but it uses little power, which is a big advantage when it comes to mining.
The common rule for mining Ethereum refers to the belief that it is best to invest in a couple of cheaper GPUs, rather than buying an expensive one from the beginning.
Constructing a set up with affordable cards, will allow you to properly manage power consumption and the entire mining process.
Thus, even though the hashrate of the GTX 1050 TI is quite low when compared with other viable options, the power consumption is a big plus and to tell you a secret, it can`t be found in many GPUs.
Just take a moment to consider this example: if you multiply the 1050 Ti`s hashrate by 4 you will have 47.6 MH/s, along with a power consumption of around 160 w.
A performant Ethereum mining tool usually employs a hashrate of 46 MH/s and a power consumption of 500w. Hence, this literally means you will get the best from using smaller, affordable GPUs, rather than emerging into using an expensive one.
Anyway, if your goal is to generate impressive profit from mining cryptocurrency, it is best to purchase a performant GPU, that will boost the entire process.
But if you are still carefully managing your expenses in regards to your mining rig, the GTX 1050 TI might turn out to be the best solution for you.
Alternatives for mining Ethereum
Besides this particular GPU, you can opt for using other affordable solutions for mining Ethereum such as AMD Radeon RX580. This card comes with a great price, impressive cooling which we admit is crucial when mining cryptocurrency, and, of course, it has impressive hash rate of 29 MH/s with a minimum usage of power.
An alternative to the AMD Radeon, is a sibling of the Nvidia Geforce, the GTX 1060, which has a good price and it is said to be perfect for undergoing mining operations. Anyhow, it is not the most powerful GPU, but it still manages to offer good mining results when used with a home mining rig.
Bottom line, we can safely assume that this version of Nvidia Geforce represents a great investment in terms of mining performance because you can actually benefit from a higher mining performance with four or even six GTX 1050 TI, while your power consumption will be kept at a minimum.
Moreover, you will be able to set up a personalized rig for mining Ethereum with great hashrate with the aid of six GTX 1050 TI and at the same time to keep the power supply under 600w.
It is true that for impressive, serious and performant mining situations it would be required for you to purchase a performant GPU, yet for home miners the GTX 1050 TI 4GB is a viable solution and can offer significant results