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What is the profitability difference between mining with Radeon RX 480 and Radeon RX 470 in the current cryptocurrency market?

avatarHooper CrabtreeDec 27, 2021 · 3 years ago3 answers

In the current cryptocurrency market, what is the difference in profitability between mining with the Radeon RX 480 and the Radeon RX 470?

What is the profitability difference between mining with Radeon RX 480 and Radeon RX 470 in the current cryptocurrency market?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The profitability difference between mining with the Radeon RX 480 and the Radeon RX 470 in the current cryptocurrency market can vary depending on several factors. These factors include the current price of the cryptocurrency being mined, the mining difficulty, the power consumption of the GPUs, and the hash rate they can achieve. Generally, the Radeon RX 480 tends to have a higher hash rate and power consumption compared to the Radeon RX 470, which can result in higher mining profitability. However, it's important to consider the cost of the GPUs and the electricity costs associated with mining, as these can impact the overall profitability. Additionally, market conditions and the specific cryptocurrency being mined can also influence the profitability difference between the two GPUs.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to mining cryptocurrencies with the Radeon RX 480 and the Radeon RX 470, the profitability difference is not set in stone. It depends on various factors such as the current market price of the cryptocurrency, the mining difficulty, and the efficiency of the GPUs. Generally, the Radeon RX 480 has a higher hash rate and power consumption compared to the Radeon RX 470, which can result in higher mining profitability. However, it's important to note that mining profitability is not solely determined by the GPU model. Other factors like electricity costs, cooling solutions, and the specific cryptocurrency being mined also play a significant role. Therefore, it's essential to consider all these factors before making a decision on which GPU to use for mining.
  • avatarDec 27, 2021 · 3 years ago
    In the current cryptocurrency market, the profitability difference between mining with the Radeon RX 480 and the Radeon RX 470 can be significant. The Radeon RX 480 generally offers higher hash rates and power consumption compared to the Radeon RX 470, which can result in higher mining profitability. However, it's important to note that mining profitability is not solely determined by the GPU model. Factors such as the current market price of the cryptocurrency, mining difficulty, and electricity costs also play a crucial role. Therefore, it's recommended to carefully analyze these factors and consider the specific requirements of your mining setup before deciding which GPU to use. Remember, profitability can vary depending on market conditions and the specific cryptocurrency being mined.