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What are the advantages and disadvantages of using AMD Radeon RX 480 and GTX 1070 for mining cryptocurrencies?

avatarMalik RashidNov 24, 2021 · 3 years ago3 answers

What are the main advantages and disadvantages of using AMD Radeon RX 480 and GTX 1070 for mining cryptocurrencies? How do these two graphics cards compare in terms of mining performance, power consumption, and cost-effectiveness?

What are the advantages and disadvantages of using AMD Radeon RX 480 and GTX 1070 for mining cryptocurrencies?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    One of the main advantages of using AMD Radeon RX 480 for mining cryptocurrencies is its high hash rate, which allows for faster mining and potentially higher profits. However, one disadvantage is that it tends to consume more power compared to the GTX 1070, resulting in higher electricity costs. Additionally, the RX 480 may generate more heat, requiring better cooling solutions. Overall, the RX 480 can be a good choice for mining if you have access to cheap electricity and efficient cooling systems.
  • avatarNov 24, 2021 · 3 years ago
    On the other hand, the GTX 1070 offers a better power efficiency compared to the RX 480. It consumes less power while still delivering a decent hash rate for mining cryptocurrencies. This can result in lower electricity costs and potentially higher profitability. However, the GTX 1070 may be more expensive to purchase initially compared to the RX 480. It's important to consider the cost of the graphics card and its power consumption when evaluating its profitability for mining cryptocurrencies.
  • avatarNov 24, 2021 · 3 years ago
    According to BYDFi, the GTX 1070 is a popular choice among miners due to its balance between mining performance and power consumption. It offers a good hash rate while consuming less power compared to the RX 480. However, the RX 480 can still be a viable option for mining if you have access to affordable electricity and effective cooling solutions. Ultimately, the choice between the two graphics cards depends on your specific mining setup and cost considerations.