We report on the first calculation of magnetic catalysis at zero temperature in a fully nonperturbative simulation of the graphene effective field theory. Using lattice gauge theory, a nonperturbative analysis of the theory of strongly interacting, massless, (2+1)-dimensional Dirac fermions in the presence of an external magnetic field is performed. We show that in the zero-temperature limit, a nonzero value for the chiral condensate is obtained which signals the spontaneous breaking of chiral symmetry. This result implies a nonzero value for the dynamical mass of the Dirac quasiparticle.