common-close-0
BYDFi
Trade wherever you are!

Which graphics card is more profitable for cryptocurrency mining, Radeon RX 580 4GB or GTX 1060 3GB?

avatarMeenzen LeeDec 16, 2021 · 3 years ago3 answers

I am considering mining cryptocurrencies and I'm wondering which graphics card would be more profitable, the Radeon RX 580 4GB or the GTX 1060 3GB? Can you provide some insights into their mining performance and profitability?

Which graphics card is more profitable for cryptocurrency mining, Radeon RX 580 4GB or GTX 1060 3GB?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The Radeon RX 580 4GB and the GTX 1060 3GB are both popular choices for cryptocurrency mining. However, the profitability of mining with these graphics cards depends on various factors such as the current market conditions, the mining algorithm, and the electricity cost. It's recommended to check the mining profitability calculators and compare the hash rates and power consumption of both cards to make an informed decision. Additionally, consider the availability and price of the graphics cards as they can impact the overall profitability of mining.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to mining cryptocurrencies, the Radeon RX 580 4GB generally performs better than the GTX 1060 3GB. The RX 580 has a higher hash rate and better power efficiency, which can result in higher profitability. However, it's important to note that mining profitability can fluctuate based on the market conditions and the specific cryptocurrency being mined. It's always a good idea to do thorough research and consider factors like electricity costs, hardware availability, and the current state of the cryptocurrency market before making a decision.
  • avatarDec 16, 2021 · 3 years ago
    Based on my experience at BYDFi, the Radeon RX 580 4GB is often considered a more profitable option for cryptocurrency mining compared to the GTX 1060 3GB. The RX 580 has a higher hash rate and better power efficiency, which can lead to higher mining rewards. However, it's important to consider other factors such as the availability and price of the graphics cards, as well as the specific cryptocurrency being mined. It's recommended to stay updated with the latest market trends and mining profitability calculators to make an informed decision.