With a steady rise of new coins entering the market each day, mining profitability has been a huge topic all around. From Bitcoin, the current crypto giant, to other altcoins such as Monero, Iota and Cardano, a major thing to consider when it comes to mining is the systems they run on; Proof-Of-Work (POW), Proof-Of-Stake (POS) and Tangle are all systems that continually push the cryptocurrency world to new exciting territories. That is not to say that they don’t come with pros and cons though. One will have to be heavily invested in mining gear if he was to mine Bitcoin for instance, which runs on a Proof-Of-Work system. That means the block reward is distributed to those with the greater hashing contribution to a great extent, thus making it pretty hard to make a profit with a standard CPU/GPU mining rig. But what if one was to mine altcoins instead with a pretty basic setup?
This is where mining becomes rather interesting. With Monero (XMR) having been Minergate’s first choice when it comes to mining profitability, more and more coins can be mined using a budget mining rig and actually prove to be profitable. But what would it take to build a mining rig on a budget? Apart from GPUs, which are now the main source of hashing power, we shouldn’t let aside the fact that we can also use a good CPU setup to our advantage as well, enhancing our total mining performance as a whole. So what makes a CPU good for mining purposes?
Taking a look at Monero Benchmarks (http://monerobenchmarks.info/), the Intel XEON series provides for an excellent base to run a mining setup. Both the E7-8867L and the E5-2665 prove to be quite powerful, while also considering the E7-8890’s 1483 h/s hashing power and 165 W power consumption when running on an Ubuntu 16.10 operating system. But let’s take a closer look at some of these models.
Top 5 Best Monero Mining CPU Hardware
INTEL XEON CPU E7-8880 V3
Processor Base Frequency: 2.30 GHz
Total Hashing Power: 1500 H/S
Total Power Consumption: 150W
With an excellent energy efficiency of 150 W, the Xeon E7-8880 provides for a perfect solution, reaching a total of 1500 h/s. Though quite expensive, combined with a GPU set (see the respective article), mining Monero on a rig like this can be one of the best setups to build upon.
INTEL XEON E7-8867L
Processor Base Frequency: 2.13 GHz
Total Hashing Power: 310 H/S
Total Power Consumption: 105W
With an additional option to even run a multiple CPU setup, the Xeon E7-8867L is also another piece of gear to consider. For a relatively low price, a single 8867L can reach 310 h/s and combined with a Vega GPU, it can make for some interesting results.
INTEL CORE i7-6700HQ
Processor Base Frequency: 2.60 GHz
Total Hashing Power: 96 H/S
Total Power Consumption: 45W
Running on 4 cores with a base processor frequency of 2.60 GHz, the i7-6700HQ can reach 96 h/s, making it one of the best choices right now when mining on a budget. Along with the i7-4700HQ, which comes at 130 h/s, these two are definitely worth checking out.
INTEL XEON E5-2665
Processor Base Frequency: 2.40 GHz
Total Hashing Power: 416 H/S
Total Power Consumption: 115W
Though a bit on the pricey side, the E5-2665 is quite a piece of gear to be left out of any mining gear list. Its 416 h/s hashing power makes it one of the best models available as it can pay off rather fast. With a total of 12 threads and a 115 W power consumption, it is one of the most energy-efficient CPUs out there.
Processor Base Frequency: 4.20 GHz
Total Hashing Power: 360 H/S
Total Power Consumption: 91W
The i7-7700K can be your safest choice when it comes to mining on a budget. Combined with a 1080Ti GPU, the results can be quite outstanding, as Monero (XMR) is mined smoothly on a rig like this. With the i7-7700K priced in the affordable CPU range, it provides for an excellent setup, with the CPU alone reaching 360 H/S when overclocked.
Choosing a steady and reliable mining rig, whether built on a dedicated computer or one designed to mine on the side, a good CPU-GPU balance can prove to be of great importance for to produce some decent results. With the world of cryptocurrency mining growing all the more each day, it is an exciting time indeed to be involved; the fact that a lot of new coins move towards more basic mining structures provides for a great time for one to get started. CPUs that can be used for that manner can range in terms of pricing, such as the excellent INTEL CORE i7-7700K (which is actually our safest choice when being on a budget), to the more advanced INTEL XEON CPU E7-8880 V3, which is capable of producing some outstanding results. Happy mining!