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Nvidia GeForce GTX 1050 / 1050Ti Mining Performance Review

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With the recent shortage of AMD GPUs, many people started to look for Nvidia alternatives.

While few miners would invest into Nvidia GPUs half year ago, times have changed and now even serious medium-sized mining farm owners is considering those GPUs.

In this article I will review GTX 1050 / 1050Ti performance, which are two GPU models that came to replace the old GTX 750 Ti and the GTX 950. Both new GPUs have the Pascal architecture and share many things in common; that being said, there are some crucial differences between them too.

Common Ground and Differences

Both are the first two NVidia GPU models that are manufactured using 14nm technology. This means that both have great overclocking potential. The only thing that limits overclocking is the TDP.

Either model can be used to mine a number of algorithms, some of which can be rather profitable. I will get back to it in a minute.

Now, the main difference is in the VRAM size. GTX 1050Ti comes with 4GB VRAM, which makes it suitable for mining Ethereum. On the other hand, the GTX 1050 comes with 2GB VRAM, which means that it has no value for ETH mining whatsoever. Back in the day, when the DAG file size was less than 2GB people could use 2GB GPUs to mine ETH, but those days are gone.

In fact, according to calculations, in a couple of months 3GB GPUs will stop working for ETH mining too. But I won’t get into that here.

GTX 1050Ti Specs

  • Graphics Processing Clusters: 2
  • Streaming Multiprocessors: 6
  • CUDA Cores (single precision): 768
  • Texture Units: 48
  • ROP Units: 32
  • Base Clock: 1290 MHz
  • Boost Clock: 1392 MHz
  • Memory Clock: 3504 MHz
  • Memory Data Rate: 7 Gbps
  • L2 Cache Size: 1024K
  • Total Video Memory: 4096 MB GDDR5
  • Memory Interface: 128-bit
  • Total Memory Bandwidth: 112 GB/s
  • Texture Rate (Bilinear): 61.9 GigaTexels/sec
  • Fabrication Process: 14 nm
  • Transistor Count: 3.3 Billion
  • Connectors: 1 x DisplayPort, 1 x HDMI, 1 x Dual-Link DVI
  • Form Factor: Dual Slot
  • Power Connectors: None
  • Recommended Power Supply: 300 Watts
  • Thermal Design Power (TDP): 75 Watts
  • Thermal Threshold: 97° C

GTX 1050 Specs

  • Graphics Processing Clusters: 2
  • Streaming Multiprocessors: 5
  • CUDA Cores (single precision): 640
  • Texture Units: 40
  • ROP Units: 32
  • Base Clock: 1354 MHz
  • Boost Clock: 1455 MHz
  • Memory Clock: 3504 MHz
  • Memory Data Rate: 7 Gbps
  • L2 Cache Size: 1024K
  • Total Video Memory: 2048 MB GDDR5
  • Memory Interface: 128-bit
  • Total Memory Bandwidth: 112 GB/s
  • Texture Rate (Bilinear): 54.2 GigaTexels/sec
  • Fabrication Process: 14 nm
  • Transistor Count: 3.3 Billion
  • Connectors: 1 x DisplayPort, 1 x HDMI, 1 x Dual-Link DVI
  • Form Factor: Dual Slot
  • Power Connectors: None
  • Recommended Power Supply: 300 Watts
  • Thermal Design Power (TDP): 75 Watts
  • Thermal Threshold: 97° C

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Mining Hashrate and Performance

There is a lot of info on the web about the mentioned card models. While most reviews are legit and real, you might see a huge difference in numbers when it comes to hashrate. It looks like hashrate depends a lot on the miner version. Make sure you keep an eye on the review date first!

Another fact that seems to affect hashrate is the type of miner you’re using. Some people noticed that EWBF performs better than Nicehash when it comes to zCash mining.

As it happens with most GPUs, hashrate is also affected by the type of VRAM used, which is defined by its manufacturer. So far, it is certain that Samsung memories usually perform slightly better than others.

Finally, some users speculate that 6-Pin models boost better. While I couldn’t prove this right or wrong, it might make sense. If you see any other review, I strongly encourage you to check that.

GTX 1050Ti

Here are some working configurations you can try:

Setup #1 MSI GeForce GTX 1050 TI GAMING X 4G Mining Performance

Recommended Hardware for 6x GTX 1050 Ti Mining Rig

Stock performance, mining hashrate and power consumption

POWER CONSUMPTION FOR SYSTEM IS AROUND 40W

Stock clocks

  • GPU / Memory stock clocks
  • Mining Hashrate 11.9 Mh/s on Ethereum
  • 40w

Mining Ethereum Only with Overclock (Claymore Ethereum miner)

MSI Afterburner

  • Mining Hashrate 14.6 Mh/s
  • Clocks +150/+1000
  • Power Limit 80%
  • Power draw from wall 55w

start.bat file for ethereum only: EthDcrMiner64.exe -epool eu1.ethermine.org:4444 -ewal ETHEREUM_WALLET.WORKER_NAME -epsw x -tstop 80

Dual Mining Ethereum Decred / Siacoin with Overclock (Claymore Ethereum Miner)

start.bat file for ethereum + decred: EthDcrMiner64.exe -epool eu1.ethermine.org:4444 -ewal ETHEREUM_WALLET.WORKER_NAME -epsw x -dpool dcr.suprnova.cc:3252 -dwal USERNAME.WORKER-dpsw WORKER_PASS -tstop 80

start.bat file for ethereum + siacoin: EthDcrMiner64.exe -epool eu1.ethermine.org:4444 -ewal ETHEREUM_WALLET.WORKER_NAME -epsw x -dpool stratum+tcp://sia-eu1.nanopool.org:7777 -dwal SIACOIN_WALLET.WORKER_NAME -dcoin sia -tstop 80

Mining ZCash (EWBF's CUDA Zcash miner)

start.bat file for zcash: miner --server eu1-zcash.flypool.org --port 3333 --user WALLET_ADDRESS.WORKER_NAME --pass x

Profits (ZEC price $240)

Nicehash Mining Hashrate and Profits
  • Lyra2REv2 (ccminer) 12.8 Mh/s = 0.00034073 BTC/Day
  • DaggerHashimoto (ethminer) 13/5 = 0.00053488 BTC/Day
  • Decred (ccminer) 0.994 GH/s = 0.00031271 BTC/Day
  • Lbry (ccminer) 0.100 GH/s = 0.00031802 BTC/Day
  • Equihash (excavator) 154 H/s = 0.00040952 BTC/Day
  • Pascal (excavator) 0.35 GH/s = 0.00013184 BTC/Day
  • X11Ghost (ccminer) 2.5 Mh/s = 0.00016773 BTC/Day
  • X11Ghost (ccminer_alexis) 4.5 Mh/s = 0.00031178 BTC/Day

Setup #2 - eVGA FTW Edition 1050Ti

  • ETH: 14.063 MH/s (Claymore 9.3 – ETH)
  • Core Clock: +125 MHz
  • Memo Clock: +750 MHz
  • -40% on Power (setting at 60%)
  • zCash: 170 Sol’s (Nicehash Miner 1.7.5.12)
  • zCash: 189 Sol’s (Zec Miner 0.3.3b)
  • Power Draw: 65W

Some other users claim that they were able to push the 1050Ti up to 16-17MH/s for ETH using Nicehash 1.7.5.12. However, they haven’t specified what exact overclock settings they used (“a bit of overclock” isn’t descriptive enough). Therefore, I’d take those claims with an ounce of salt.

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GTX 1050

Most people consider the GTX 1050 a waste of money. It is understandable, considering the craze for Ethereum mining we see nowadays and the fact that 2GB GPUs cannot participate in the ETH mining fest anymore.

What about zCash? Here are some numbers:

zCash with EWBF 0.2.0b

Mining Performance and Overclock

  • 138 Sol’s with stock settings;
  • 155 Sol’s with the following:
  • Core Boost +190
  • Memory Boost +280
  • Power Draw: <50W

Note that EWBF Zec miner 0.3.3b might give slightly better results.

As per today, the ROI of a GTX1050 for zCash mining is about 3 months, with the condition that that electricity cost is $ 0.1 per KW/h.

Nvidia GeForce GTX 1050Ti in stock

EVGA GeForce GTX 1050 Ti SC GAMING 4GB
EVGA GeForce GTX 1050 Ti SSC GAMING ACX 3.0 4GB
EVGA GeForce GTX 1050 Ti GAMING 4GB
Gigabyte Geforce GTX 1050Ti G1Gaming 4GB
Gigabyte Geforce GTX 1050 Ti 4GB
ZOTAC GeForce GTX 1050 Ti Mini 4GB

6x GeForce GTX 1050 Ti Mining Rig Monthly Earnings

Ethereum Dual Mining Decred
  • Ethereum hashrate: 85 Mh/s = $245/Month ; ETH 1.14 mined/month (1 ETH = $ 242.39)
  • Decred Hashrate: 852 Mh/s = $20
  • 6x GeForce GTX 1050 Ti Power consumption: around 400w
  • Power Cost per Month: $29
Ethereum Dual Mining Siacoin
  • Ethereum hashrate: 85 Mh/s = $245/Month ; ETH 1.14 mined/month (1 ETH = $ 242.39)
  • Siacoin Hashrate: 852 Mh/s = $21
  • 6x GeForce GTX 1050 Ti Power consumption: around 400w
  • Power Cost per Month: $29
Zcash Mining Rig Monthly Earnings with 6x GTX 1050 Ti
  • ZCash hashrate: 1,050 Mh/s = $180 ; ZEC 0.8739 mined/month (1 ZEC = $ 240.00)
  • 6x GeForce GTX 1050 Ti Power consumption: around 400w
  • Power Cost per Month: $29

In conclusion

Due to recent stock shortages, Nvidia cards are becoming a decent alternative to AMD ones. Besides stock issues, it is inevitable that AMD most popular mining GPUs - the RX 4xx and 5xx series – will lose up to 35% of their ETH hashrate in the next 3-4 months. Nvidia cards, on the other hand, should remain strong for a while.

If you however are not enthusiastic about mining ETH, then you probably might want to check the dedicated AMD cards for mining we reviewed here not long ago.

Thank you for reading. As always, your comments, suggestions and questions are welcome.

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