What are the advantages and disadvantages of using the 960 and RX 480 for mining digital currencies?

3 answers

• Apr 04, 2022 · 3 years ago
  The NVIDIA GeForce GTX 960 and AMD Radeon RX 480 are popular choices for mining digital currencies due to their high hash rates and energy efficiency. These graphics cards offer excellent performance and can handle the computational demands of mining. However, one disadvantage is that they may not be as cost-effective as specialized mining hardware, such as ASICs, which are designed specifically for mining. Additionally, the GTX 960 and RX 480 may consume a significant amount of power, resulting in higher electricity costs. Overall, while these graphics cards can be effective for mining, it's important to consider the cost of hardware and electricity to determine their profitability.
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• Apr 04, 2022 · 3 years ago
  When it comes to mining digital currencies, the NVIDIA GeForce GTX 960 and AMD Radeon RX 480 have their advantages and disadvantages. On the positive side, these graphics cards offer good performance and can handle the computational requirements of mining. They also have a wide range of compatibility with mining software and can mine various digital currencies. However, one drawback is that they may not be the most cost-effective option for mining. Specialized mining hardware, such as ASICs, are designed specifically for mining and can offer higher hash rates and energy efficiency. Additionally, the GTX 960 and RX 480 may consume more power compared to ASICs, resulting in higher electricity costs. It's important to consider these factors when deciding which hardware to use for mining.
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• Apr 04, 2022 · 3 years ago
  At BYDFi, we believe that the NVIDIA GeForce GTX 960 and AMD Radeon RX 480 can be viable options for mining digital currencies. These graphics cards offer good performance and can handle the computational demands of mining. They are also widely available and have good compatibility with mining software. However, it's important to note that specialized mining hardware, such as ASICs, may offer higher hash rates and energy efficiency, potentially making them more cost-effective in the long run. Additionally, the GTX 960 and RX 480 may consume more power compared to ASICs, resulting in higher electricity costs. Ultimately, the choice of hardware for mining depends on various factors, including cost, availability, and personal preferences.
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