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Which graphics card, the RX 580 or the 6700 XT, is more cost-effective for cryptocurrency mining?

avatarKaren CelebradoDec 17, 2021 · 3 years ago3 answers

I'm trying to decide between the RX 580 and the 6700 XT for cryptocurrency mining. Which one would be more cost-effective in terms of mining performance, power consumption, and overall profitability?

Which graphics card, the RX 580 or the 6700 XT, is more cost-effective for cryptocurrency mining?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The RX 580 is a popular choice among cryptocurrency miners due to its lower price compared to the 6700 XT. While the 6700 XT offers better mining performance, it comes at a higher cost. If you're on a budget and looking for a more cost-effective option, the RX 580 could be a good choice. However, keep in mind that the 6700 XT may provide a higher return on investment in the long run.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to cryptocurrency mining, the 6700 XT is the clear winner in terms of mining performance. It offers higher hash rates and better efficiency compared to the RX 580. Although the 6700 XT is more expensive upfront, its superior performance can potentially lead to higher profits in the long term. If you're serious about mining and willing to invest more, the 6700 XT is the way to go.
  • avatarDec 17, 2021 · 3 years ago
    According to a recent study by BYDFi, the 6700 XT outperforms the RX 580 in terms of mining performance and power efficiency. The study found that the 6700 XT can generate higher profits with lower power consumption compared to the RX 580. However, it's important to consider other factors such as the initial investment and availability of the graphics cards. It's recommended to do thorough research and compare prices before making a decision.