What are the best cryptocurrencies to mine with an RX 470 GPU?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to mining with an RX 470 GPU, there are several cryptocurrencies that you can consider. One of the most popular choices is Ethereum (ETH). Ethereum is a decentralized platform that enables developers to build and deploy smart contracts. It uses a proof-of-work algorithm called Ethash, which is GPU-friendly and can be efficiently mined with an RX 470 GPU. Another option is Ravencoin (RVN), a digital peer-to-peer network that aims to enable the transfer of assets on a secure and decentralized platform. RVN also utilizes the Ethash algorithm, making it compatible with your RX 470 GPU. Additionally, you may want to consider mining Monero (XMR), a privacy-focused cryptocurrency that uses the CryptoNight algorithm. While it may not be as profitable as Ethereum or Ravencoin, it can still be mined with your RX 470 GPU and offers a level of privacy that other cryptocurrencies may not provide.
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more profitable option, you might want to consider mining Ethereum Classic (ETC). Ethereum Classic is a fork of Ethereum and uses the same Ethash algorithm. However, since it is less popular than Ethereum, it may be easier to mine and potentially more profitable. Another cryptocurrency to consider is Zcash (ZEC), which offers enhanced privacy features through its zk-SNARKs technology. Zcash can be mined with GPUs, including the RX 470, and has the potential for higher profitability compared to other cryptocurrencies. Lastly, you could also explore mining Vertcoin (VTC), a decentralized currency that aims to resist the centralization of mining power. Vertcoin uses the Lyra2REv3 algorithm, which is ASIC-resistant and can be mined with GPUs like the RX 470.
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• Dec 18, 2021 · 3 years ago
  Based on my experience at BYDFi, I would recommend considering Ethereum and Ravencoin for mining with an RX 470 GPU. Both of these cryptocurrencies have a solid track record and can be efficiently mined with your GPU. However, it's important to note that the profitability of mining can vary based on factors such as electricity costs, mining difficulty, and market conditions. It's always a good idea to do your own research and stay updated on the latest trends in the cryptocurrency mining industry to make informed decisions.
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