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What are the most profitable cryptocurrencies to mine with an RX470?

avatarOgheneDec 27, 2021 · 3 years ago3 answers

I have an RX470 and I'm interested in mining cryptocurrencies. Which cryptocurrencies would be the most profitable to mine with this specific graphics card?

What are the most profitable cryptocurrencies to mine with an RX470?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The most profitable cryptocurrencies to mine with an RX470 graphics card are typically those that use the Ethash algorithm, such as Ethereum (ETH) and Ethereum Classic (ETC). These cryptocurrencies are popular choices for GPU mining due to their high market value and relatively low mining difficulty. However, it's important to note that mining profitability can vary based on factors such as electricity costs, network difficulty, and market prices. It's always a good idea to do some research and calculate the potential profitability before starting mining.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking for alternative cryptocurrencies to mine with an RX470, you might consider Ravencoin (RVN) or Zilliqa (ZIL). Ravencoin is a relatively new cryptocurrency that aims to provide a decentralized platform for asset transfers, while Zilliqa is a high-performance blockchain platform. Both of these cryptocurrencies have shown potential for mining profitability, but it's important to keep an eye on market trends and adjust your mining strategy accordingly.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the most profitable cryptocurrencies to mine with an RX470 are Ethereum (ETH) and Ethereum Classic (ETC). These cryptocurrencies have a strong market demand and offer good mining rewards. However, it's important to consider factors such as electricity costs and mining difficulty before starting mining. Additionally, it's always a good idea to diversify your mining portfolio and consider other cryptocurrencies that may have potential for profitability.