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Is it still profitable to mine cryptocurrencies with geforce gtx 470 1gb?

avatarAL Wahab TailorDec 26, 2021 · 3 years ago3 answers

I have a geforce gtx 470 1gb graphics card. I am wondering if it is still profitable to mine cryptocurrencies with this card? Can I make a decent profit considering the card's age and limited memory capacity?

Is it still profitable to mine cryptocurrencies with geforce gtx 470 1gb?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is still possible to mine cryptocurrencies with a geforce gtx 470 1gb graphics card. However, due to its age and limited memory capacity, the mining performance may not be as efficient as newer and more powerful graphics cards. You may still be able to make a profit, but it might not be as significant compared to using a more advanced card.
  • avatarDec 26, 2021 · 3 years ago
    Mining cryptocurrencies with a geforce gtx 470 1gb graphics card can be profitable, but it depends on several factors. The profitability will vary based on the specific cryptocurrency you are mining, the current mining difficulty, and the cost of electricity in your area. It's recommended to use mining profitability calculators to estimate your potential earnings before investing in mining equipment.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, mining cryptocurrencies with a geforce gtx 470 1gb graphics card may not be as profitable as it used to be. The card's limited memory capacity and older architecture can result in lower mining efficiency. It's advisable to consider upgrading to a more powerful graphics card for better mining performance and higher profitability.