Which digital currencies are best suited for mining with Vega 64 and 980ti?
Ally EDec 27, 2021 · 3 years ago3 answers
I am using Vega 64 and 980ti for mining digital currencies. Which digital currencies are the most suitable for mining with these GPUs? I want to maximize my mining profits and make the most efficient use of my hardware. Can you recommend any specific digital currencies that would be a good fit for my setup?
3 answers
- Dec 27, 2021 · 3 years agoWhen it comes to mining with Vega 64 and 980ti, there are several digital currencies that you can consider. One popular option is Ethereum (ETH), which is known for its profitability and stability. Another option is Ravencoin (RVN), which is designed specifically for GPU mining and has gained popularity among miners. Additionally, you may also want to explore mining Zcash (ZEC) or Monero (XMR), as they are known for their privacy features and potential profitability. Remember to always do your own research and consider factors such as market trends and mining difficulty before making a decision.
- Dec 27, 2021 · 3 years agoIf you're looking for a more profitable option, you might want to consider mining altcoins such as Grin (GRIN) or Beam (BEAM). These cryptocurrencies utilize the MimbleWimble protocol, which offers enhanced privacy and scalability. However, it's important to note that mining these coins may require additional configuration and optimization of your mining software. Make sure to check the latest mining profitability calculators and consider factors such as electricity costs and hardware efficiency before diving into mining these altcoins.
- Dec 27, 2021 · 3 years agoBased on my experience at BYDFi, I would recommend considering mining Ethereum (ETH) or Ravencoin (RVN) with your Vega 64 and 980ti GPUs. Both of these cryptocurrencies have shown promising returns for GPU miners. However, it's important to regularly monitor the market and adjust your mining strategy accordingly. Remember that mining profitability can fluctuate based on various factors such as network difficulty and market demand. Stay informed and make informed decisions to maximize your mining profits.
Related Tags
Hot Questions
- 91
How does cryptocurrency affect my tax return?
- 81
What are the tax implications of using cryptocurrency?
- 76
How can I protect my digital assets from hackers?
- 74
How can I minimize my tax liability when dealing with cryptocurrencies?
- 74
How can I buy Bitcoin with a credit card?
- 62
What is the future of blockchain technology?
- 60
Are there any special tax rules for crypto investors?
- 56
What are the best practices for reporting cryptocurrency on my taxes?