While it is no longer possible to profitably mine bitcoin as an at-home miner, there are still several cryptocurrencies that enable small miners to use a PC and GPUs to profitably mine crypto.
Regardless, is GPU mining Dead 2020?
In 2020, mining is not dead despite the predictions of traders and analysts. The price of BTC and other cryptocurrencies is not holding on a high level, which is why many players, who used old equipment, left the market. Today, mining still generates income, but it all depends on what to mine and how to mine.
Along with that, what GPU is best for Bitcoin mining? AMD Radeon RX 580 AMD's RX 580 was released back in 2017 and is still one of the best low-budget GPUs for mining, with a price ranging between around $180 and $230. The card is used mainly for mining Ether and has 8 GB of memory, but it consumes little power at just 150 W.
Above, can I make money mining bitcoin?
Bitcoin mining is the process of earning bitcoin in exchange for running the verification process to validate bitcoin transactions. These transactions provide security for the Bitcoin network which in turn compensates miners by giving them bitcoins. Miners can profit if the price of bitcoins exceeds the cost to mine.
What is GPU mining?
GPU mining is a process of solving complex math problems to verify electronic transactions using computer components – in this case, a graphics card. Miners who participate can either create digital coins or get paid for their processing power in a cryptocurrency.