Sometimes New Doesn't Always Mean Better
Today I done some digging around on what GPU at this stage is the most efficient per Hash. After major calculations, lots of research its pretty clear per Kilowatt the GTX 1070 is still king of the hashrate wars. I do take into account that the GTX 1080ti does push out a little more hashes than the GTX 1070 but when you compare the amount of electricity vs outcome hash, you actually lose a little money on the GTX 1080ti due to the extra cost in electricity.
Here is a recent brake down of what hashes current GPU's are gaining on some Ethereum mining with Nicehash:
Trailing behind the GTX 1070 is actually not even the GTX 1080ti, that falls about 4th on the list when you crunch the numbers of cost per kilowatt. No number 2 and 3 positions go to AMD Radeon RX 480 and RX 580 when you apply the cost per kilowatt and average out profits. Little shocking but it is what it is when it comes to what is best to go for out there when building your rigs.
Hard to find GPUs? Well there is a huge shortage of them right now
Right now if your in the market for new GPU's you must brace yourself, its going to be a hunt unlike anything you been on right now. Right now most cards are sold out that are of any use to miners due to a huge uptrend in people rushing to mining as if its the Gold Rush all over again. Luckily not far from now Nvidia and AMD will release mining specific cards, which should lighten the price rising on GPU's right now. These cards will be only for mining and probably more cost effective for miners. This will be a game changer I believe for crypto and miners alike.
So be patient and mine on. I just bought myself a beater GTX 1060 OC myself to add with my GTX 1080 for mining off my PC, boy the heat is bad in my room now lol. Wish I seen these numbers though, I had a shot at getting a GTX 1070 but didn't think it was so cost effective till doing some math for you guys today. Oh well, the edition is helping no matter what but I figured I would pass this onto those looking to build rigs so they have the upper hand if they can find themselves some cards.