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How does the mining profitability differ between GTX 1080 and GTX 970 for popular cryptocurrencies?

avatarQudrat ullah official channelNov 24, 2021 · 3 years ago3 answers

What are the differences in mining profitability between the GTX 1080 and GTX 970 graphics cards when it comes to popular cryptocurrencies? How does the hashrate, power consumption, and overall performance affect the profitability? Which card is more suitable for mining popular cryptocurrencies?

How does the mining profitability differ between GTX 1080 and GTX 970 for popular cryptocurrencies?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    The mining profitability between the GTX 1080 and GTX 970 can vary depending on the specific cryptocurrency being mined. Generally, the GTX 1080 has a higher hashrate and better overall performance compared to the GTX 970. This means that it can mine cryptocurrencies at a faster rate, resulting in potentially higher profits. However, the GTX 1080 also consumes more power, which can eat into the profitability. It's important to consider the cost of electricity and the current market conditions when determining which card is more suitable for mining popular cryptocurrencies.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to mining popular cryptocurrencies, the GTX 1080 tends to outperform the GTX 970 in terms of profitability. The GTX 1080 has a higher hashrate, which means it can solve more complex mathematical problems and mine more coins in a given time period. Additionally, the GTX 1080 is generally more power-efficient, allowing miners to maximize their profits by reducing electricity costs. However, it's worth noting that the profitability of mining cryptocurrencies can fluctuate based on factors such as market conditions and the specific algorithm used by each cryptocurrency.
  • avatarNov 24, 2021 · 3 years ago
    From our experience at BYDFi, the GTX 1080 generally offers higher mining profitability compared to the GTX 970 for popular cryptocurrencies. The GTX 1080 has a higher hashrate and better performance, allowing miners to mine more coins in a shorter amount of time. However, it's important to consider the cost of electricity and the current market conditions. It's always recommended to do thorough research and consider factors such as power consumption, mining difficulty, and potential returns before making a decision on which graphics card to use for mining popular cryptocurrencies.