Which one, RX 480 8GB or 1060, is more profitable for mining cryptocurrencies?
Chikwado PromiseDec 28, 2021 · 3 years ago5 answers
I'm trying to decide between the RX 480 8GB and the 1060 for mining cryptocurrencies. Which one would be more profitable in terms of mining performance and return on investment?
5 answers
- Dec 28, 2021 · 3 years agoWhen it comes to mining cryptocurrencies, the choice between the RX 480 8GB and the 1060 depends on various factors. The RX 480 8GB generally offers better mining performance due to its higher memory capacity, which allows for more efficient mining of memory-intensive algorithms. However, the 1060 can still be a profitable option, especially if you consider factors such as power consumption and initial cost. It's important to research the specific cryptocurrencies you plan to mine and their mining algorithms to determine which GPU would be more profitable in your case.
- Dec 28, 2021 · 3 years agoWell, if you're looking for a straightforward answer, I'd say go with the RX 480 8GB. It's known for its excellent mining performance and has been favored by many cryptocurrency miners. Plus, with its 8GB memory capacity, you'll have enough room to handle memory-intensive mining algorithms. Of course, the 1060 is also a decent option, but it might not be as profitable in the long run. So, if you want to maximize your mining profits, the RX 480 8GB is the way to go.
- Dec 28, 2021 · 3 years agoAs an expert in the field, I can tell you that both the RX 480 8GB and the 1060 can be profitable for mining cryptocurrencies. However, the profitability will depend on various factors such as the specific cryptocurrencies you plan to mine, the current mining difficulty, and the electricity cost in your area. It's always a good idea to do some research and compare the mining performance and power consumption of both GPUs before making a decision. Additionally, consider factors like availability and price, as they can also impact your overall profitability.
- Dec 28, 2021 · 3 years agoIf you're looking for a recommendation from BYDFi, I would suggest going with the RX 480 8GB for mining cryptocurrencies. It offers excellent mining performance and has proven to be a profitable choice for many miners. With its 8GB memory capacity, you'll have enough resources to handle memory-intensive mining algorithms effectively. However, it's always a good idea to consider other factors such as power consumption and initial cost before making a final decision. Remember, mining profitability can vary based on market conditions and individual mining setups.
- Dec 28, 2021 · 3 years agoChoosing between the RX 480 8GB and the 1060 for mining cryptocurrencies can be a tough decision. While the RX 480 8GB generally offers better mining performance, the 1060 can still be a viable option depending on your specific needs. Consider factors such as the mining algorithms of the cryptocurrencies you plan to mine, the power consumption of each GPU, and the initial cost. It's also worth noting that mining profitability can fluctuate based on market conditions, so it's essential to stay updated and adapt your mining strategy accordingly.
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