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The cryptocurrency and Ethereum mining boom seems to have started to level off, after nearly six months of ups and downs. Ethereum is the second largest cryptocurrency by market capitalization, second only to Bitcoin. Since entire decentralized ecosystems and applications can be built on top of its blockchain, Ethereum has rapidly increased in popularity among investors. With this in mind, it is natural to wonder how Ethereum can be mined and what is the best software to do so.
Obviously, any miner would like to know which mining software is the best, the most reliable and the one with the highest hash rate. Therefore, it is important to look at the hash rate reported by the pool and not by the mining software. Pools pay you for the shares received from the mining software. Therefore, you should not be fooled by the hash rate displayed on your computer console, as it is completely irrelevant: the so-called reported hashrate has nothing to do with your earnings.
We regularly see discussions about the best mining software on Youtube, Reddit, in Telegram chats and on forums. "T-rex is the fastest, Phoenix exaggerates its hashrate, Gminer is the best of all, lolMiner is the most reasonable option, nothing compares to TeamRedMiner, you can't understand NBMiner if you're not Chinese" - that's what we all heard time.
Some of the links in this post are affiliate links. This means that if you click on the link and purchase the item, we will receive an affiliate commission at no additional cost to you.
The cryptocurrency and Ethereum mining boom seems to have started to level off, after nearly six months of ups and downs. Ethereum is the second largest cryptocurrency by market capitalization, second only to Bitcoin. Since entire decentralized ecosystems and applications can be built on top of its blockchain, Ethereum has rapidly increased in popularity among investors. With this in mind, it is natural to wonder how Ethereum can be mined and what is the best software to do so.
Obviously, any miner would like to know which mining software is the best, the most reliable and the one with the highest hash rate. Therefore, it is important to look at the hash rate reported by the pool and not by the mining software. Pools pay you for the shares received from the mining software. Therefore, you should not be fooled by the hash rate displayed on your computer console, as it is completely irrelevant: the so-called reported hashrate has nothing to do with your earnings.
We regularly see discussions about the best mining software on Youtube, Reddit, in Telegram chats and on forums. "T-rex is the fastest, Phoenix exaggerates its hashrate, Gminer is the best of all, lolMiner is the most reasonable option, nothing compares to TeamRedMiner, you can't understand NBMiner if you're not Chinese" - that's what we all heard time.
The last time we tested the best Ethereum mining software, T-rex and Gminer were the best for Nvidia, while TeamRedMiner and lolMiner were the best for AMD. Now, many months later, we have decided to repeat the tests with some improvements.
The best Ethereum mining software for Nvidia and AMD graphics (2022):
- GMiner
- t-rex
- ethminer
- Team Red Miner
- lol miner
- phoenix miner
- nbminer
Conclusions
Our experiment is designed to help you, but don't take it as absolute truth. It would be wrong to say that Gminer and TeamRedMiner are always the best, and NBMiner is the worst. You may get different results depending on your GPUs, overclocking settings, and hardware configuration.
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