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What is the impact of using 980 vs 1080 on the profitability of cryptocurrency mining?

avatarKajuDec 27, 2021 · 3 years ago3 answers

When it comes to cryptocurrency mining, how does using a 980 compare to using a 1080 in terms of profitability? Are there any significant differences in mining performance, power consumption, or hash rates between these two graphics cards?

What is the impact of using 980 vs 1080 on the profitability of cryptocurrency mining?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Using a 980 for cryptocurrency mining can still be profitable, but it may not be as efficient as using a 1080. The 1080 generally offers better mining performance and higher hash rates, which can result in higher profits. Additionally, the 1080 tends to have lower power consumption compared to the 980, making it a more cost-effective choice for mining operations. However, it's important to consider other factors such as the cost of the graphics card and the electricity rates in your area before making a decision.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to mining cryptocurrencies, the choice between a 980 and a 1080 can have a significant impact on profitability. The 1080 is known for its superior mining performance and higher hash rates, which can lead to increased earnings. On the other hand, the 980 may still be a viable option for mining, especially if you already have one and don't want to invest in a new graphics card. It's important to consider factors such as electricity costs and the specific cryptocurrency you're mining to determine which option is more profitable for you.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend using the 1080 for cryptocurrency mining due to its better performance and efficiency compared to the 980. The 1080 offers higher hash rates and lower power consumption, resulting in increased profitability. However, it's important to note that profitability in cryptocurrency mining is influenced by various factors such as the current market conditions, electricity costs, and the specific cryptocurrency being mined. It's always a good idea to conduct thorough research and consider all relevant factors before making a decision.