When video cards began to be actively purchased by cryptocurrency miners, it was difficult to find GPUs at an adequate price. Sellers have greatly increased the cost of almost every model, but people still continue to actively buy them.
The GTX1050Ti video card was distinguished by the fact that the massive increase in price almost did not affect it. This model has never been the standard in terms of cryptocurrency mining. But, nevertheless, it can be profitable. Let's see how profitable 1050 ti mining is today.
Characteristics
| Specification | Meaning |
| Number of video chips | 1 |
| Minimum video chip frequency | 1290 MHz |
| Maximum video chip frequency | 1493 MHz |
| Number of stream processors | 768 |
| Number of texture units | 48 |
| Number of rasterization blocks | 32 |
| Video memory capacity | 4 GB, GDDR5 |
| Effective memory frequency | 7108 MHz |
| Memory bus | 128-bit |
| Memory Bandwidth | 113.728 GB/sec |
| Additional food | Eat |
| Additional power connectors | 6 pin |
| Maximum power consumption | 75W |
| Recommended power supply | 300W |
The table below immediately shows one of the clear advantages of mining on the GTX 1050 Ti - low power consumption, which will allow you to save money when creating a farm.
There are several models: Gigabyte, MSI, Palit and Asus. In terms of power, their characteristics are the same, only the cooling system may differ. Most devices use 2 coolers for cooling, but you can also find a model with one fan.
The video card does not heat up very well, so one will be enough. Although the price difference is small, you can easily afford to purchase a model with a better cooling system.
Return on investment
The average cost of a video card is $250. You can earn no more than $10 in net profit per month. Naturally, one must take into account the constant increase in the complexity of the network and the decrease in rewards for decrypting blocks. Therefore, your investment will pay off in about 2 years.
Of course, a more profitable solution would be to create a farm, but the costs of setting it up are not limited to the cost of the video card. Also keep in mind that you will need a hard drive, motherboard, power supply, etc.
Based on this, for the fastest payback for Ti in mining, the user needs to achieve maximum chip efficiency with minimal power consumption. Use MSI Afterburner for this.
Ethereum Mining
Let's see how much the Geforce GTX 1050 Ti will bring in Ethereum mining.
| Indicators | No overclocking | Overclocked |
| Hashrate | 13.9 Mh/s | Up to 15 Mh/s |
| Consumption | 70W | 70W |
| Income | $0.58 | $0.63 |
| Taking into account e/e | $0.41 | $0.46 |
above 15 Mh/s . This may seem like too little, but let's compare our device with an older generation video card.
| Video card | Price | Hashrate | Consumption |
| GTX 1060 6GB | About 25,000 rub. | 22.5 - 23.5 Mh/s | 120 Watt |
| GTX 1050 Ti | About 12,000 rub. | 14.5 – 15 Mh/s | 75 Watt |
If only one device works, then the 1050Ti series loses in speed. However, due to the low price, it is more profitable to buy 2 GTX 1050 Ti 4g models (For 24,000 rubles) than one 1060. At the same time, we will get not only savings in energy consumption, but also additional speed. Two devices will provide a hashrate of about 28-30 MH/s, while one 1060 series video card can only provide 23 MH/s speed.
Below you can see the differences between these two devices in real operation.
Decred can be mined together with Ethereum. These currencies go well together. Let's see how much dual production will bring with standard parameters and with overclocking.
| Currency | Speed | Speed with acceleration |
| Ethereum | Up to 10 Mh/s | Up to 12.5 Mh/s |
| Decred | Up to 100 Mh/s | Up to 125 Mh/s |
It is immediately clear that there is no point in running Dual without overclocking. To increase the hashrate, you need to reduce the core voltage and increase the memory frequency to the maximum possible value.
With these parameters, the specified hashrate was obtained, and the temperature did not exceed 60 degrees.
What cryptocurrency is better to mine on a similar video card?
First 2022 and to this day, Bitcoin cryptocurrency mining continues to lose its effectiveness. To mine the most popular coins, you should use ASIC integrated circuits. GPU mining Bitcoin is gradually fading into the background.
Of course, you can mine BTC coins with 1050 Ti, however, this would be more of an adventurous experiment than a profitable job. The fact is that the funds earned are not enough to at least partially cover the cost of paying electricity bills.
It is much more profitable to mine Ethereum and Zcash cryptocurrencies on the video card in question. By mining ZEC and ETH coins, users will be able to get the greatest profit.
A reasonable alternative to the traditional approach to mining digital currency would be dual mining, for example Ethereum + Decred. Simultaneous mining of two coins will provoke a slight decrease in the hashrate of the main currency, but at the same time an additional asset will be generated at a decent speed.
In addition to these digital currencies, miners will be able to mine other coins that operate on different algorithms. It is advisable to favor hashing methods that prevent the use of integrated circuits. However, in any case, you are unlikely to be able to earn more than by mining Zcash and Ethereum.
You can calculate the mining efficiency on a 1050 Ti video card using online calculators. In fact, there are plenty of such services. Perhaps the most authoritative remains whattomine.com. Specify the hashrate, the amount of electricity consumed, and its cost. After this, the system will automatically calculate the profitability of mining a particular cryptocurrency.
Mining Zcash
The NiceHash calculator does not show the rate of ether production at all. But among the recommended algorithms for mining is Equihash.
The service forecasts a speed of 178 sol. One GPU 1060 produces 300-315 Sol/s hashrate. As in the previous case, it is more profitable to purchase 2 Msi GTX 1050 Ti for mining. Then they will show 340-360 sol.
Using the WhatToMine calculator, you can calculate how much speed a farm of several GPUs will produce.
Let's compare how much ZEC different miners will produce when overclocked.
| Coin | Zcash | Zcash |
| Miner | EWBF | DSTM |
| Hashrate | 175-180 Sol/s | Up to 190 Sol/s |
| Hashrate without overclocking | 161 Sol/s | 173 Sol/s |
| Frequency | Core -150MHz, Memory - +400 | Core -150MHz, Memory +400 |
| Temperature | 55-56 | 55-56 |
The DSTM miner turned out to be a little more profitable. Due to overclocking, power consumption has increased (the figure is slightly higher than 70 Watt), but with the help of downvolting it is easy to regulate this value.
Other algorithms
Let's see what speed other algorithms produce.
| Algorithm | Speed | Energy consumption |
| Groestli | 14.5 Mh/s | 75W |
| X11Gost | 4.9 Mh/s | 75W |
| Cryptonight | 300 H/s | 50W |
| Lyra2Rev2 | 14500 Kh/s | 75W |
| NeoScrypt | 420 Kh/s | 75W |
| TimeTravel10 | 7 Mh/s | 75W |
| X16R | 4 Mh/s | 50W |
| SkunkHash | 11.5 Mh/s | 75W |
| Nist5 | 15 Mh/s | 70W |
| Xevan | 1 Mh/s | 75W |
Monero and X16R currency require the least amount of electricity costs. CryptoNight is unprofitable to mine, but X16R will bring in $0.59 per day, including electricity. This performance is predicted by the WhatToMine service.
Pros and cons of mining on 1050 Ti
Let's start with the advantages of creating a farm on the specified GPU:
- Low price. Thanks to this, you can increase power without spending much on it;
- Good cooling system. The temperature never rises above 69 degrees. And the average value during operation is within 55-65°;
- Low energy consumption.
Now let's move on to the disadvantages:
- To create a large farm you will need a lot of components;
- Attachment to the course. Once upon a time she brought in 3,500 rubles a month. At the current rate, NiceHash predicts only 16.85 USD;
- The GPU is inferior to the older series. If when creating a rig it is still possible to overtake some series in terms of power, then in single work the 1050Ti is clearly inferior;
- Most models use Micron memory, which is less amenable to overclocking than others.
Our days
The cryptocurrency fever of 2020-2021 has its own characteristics - the Bitcoin rate soared even higher, reaching an increase of 659.8% over the year.
And the cost of video cards has soared much higher than in 2022. Just look at the price of the Radeon RX 580 8GB on Amazon over a three-year period to understand the scale of the growth.
But the general trend is reminiscent of the events of 2017-2016, Bitcoin has been growing for six months in a row and, most likely, we have already passed half the path of the new cryptocurrency fever. An endless increase in the price of Bitcoin is impossible - after all, this is an endless injection of real money into it, and, most likely, in the coming months we will see a repeat of the situation of past years with its rapid fall and panic among miners, accompanied by the sale of video cards.
What will pull down the rest of the chain, including packed warehouses of manufacturers and a rapid decline in prices for video cards, even below the recommended ones. As they like to say on the Internet - “you can screen it”, by December 2022 we can see the GeForce RTX 3060 at a price below 30,000 rubles if the exchange rate remains constant.
Write in the comments how the crypto fever of 2017-2018 and today affected you.
The post was rewarded.
This material was written by a site visitor and was rewarded.
Tests of different video card models in mining
Below is a video in which different models are tested for effectiveness.
GTX 1050ti Asus Strix and Expedition
Gigabyte Windforce and G1
MSI Gaming and Gaming X
ZOTAC and Gigabyte N105TOC
MSI 4GT OC and AERO
Final result
In the table, these results will look like this:
| Model | Ether | Zcash | Memory |
| Gigabyte G1 | 15 | 200 | Micron |
| Gigabyte WindForce OS | 15 | 200 | Micron |
| Gigabyte 1 cooler | 15 | 180 | Micron |
| Gigabyte N105TOC | 14 | 180 | Micron |
| Asus Expedition | 14 | 180 | Micron |
| Asus StriX | 14 | 190 | Micron |
| Zotac | 15,7 | 180 | Samsung |
| Palit Dual | 15 | 180 | Micron |
| Msi Aero | 15 | 180 | Micron |
| Msi Dual 4gt OC | 15,1 | 180 | Samsung |
| Msi gaming X | 15,7 | 180 | Micron |
| Msi low profile | 15,2 | 170 | Samsung |
Profitability
Mining income on the 1050Ti has fallen due to the increase in algorithm complexity. The NiceHash calculator predicts earnings of $0.63 per day, excluding electricity costs.
If you purchase a farm of 6 GPUs (this will cost 100-110 thousand rubles ), then the payback will be more than 1.5 years. The WhatToMine service shows that 6 devices will bring about $4 per day using the X16R .
Conclusion - a large mining rig on the MSI Geforce GTX 1050 is not the best choice, since a long payback period increases risks. Small rigs (up to 4 GPUs) will be profitable. For example, 4 overclocked 1050 Tis will generate more revenue than 6 overclocked 750 Ti series devices.
Is it worth mining in 2019?
Definitely, and the sooner you start, the better. Today, even computers with budget video cards allow you to earn a relatively round sum per year. The latter is enough to buy a used video card, and therefore the profit after a year can be twice as large. And then two more video cards, a couple more - and a whole farm will be assembled. Many people got into mining this way.
An important point: the bull cycle—that is, the active growth of cryptocurrencies—has not yet arrived. Bitcoin is now far from even reaching the 2022 record, so the rest of the market is also in no hurry to grow. But then it will be fun.
By the way, if not, you can always sell the video cards. Or start playing Fortnite and become a millionaire without mining.
SUBSCRIBE TO OUR TELEGRAM CHANNEL. WE ARE COMFORTABLE.
Energy consumption
As mentioned earlier, consumption is 75W . Some algorithms will require even less power. This means that for a rig of 6 cards, a 600W power supply is enough. And this value is reduced with the help of downvolting.
If you enter the number of GPUs into the WhatToMine service, you can see how much electricity each algorithm will consume. There you can compare it with other top-end devices, and determine for yourself which farm will still be more profitable.
