What are the best digital currencies to mine with Nvidia's GTX 1080?
Sport worldDec 26, 2021 · 3 years ago3 answers
I have an Nvidia GTX 1080 and I'm interested in mining digital currencies. Which digital currencies are the most profitable to mine with this graphics card? What factors should I consider when choosing a digital currency to mine with Nvidia's GTX 1080?
3 answers
- Dec 26, 2021 · 3 years agoWhen it comes to mining digital currencies with Nvidia's GTX 1080, there are several factors to consider. Firstly, you should look at the algorithm used by the digital currency. Nvidia's GTX 1080 performs well with algorithms such as Equihash and Lyra2REv2. Popular digital currencies that use these algorithms include Zcash, Bitcoin Gold, and Vertcoin. These currencies have shown good profitability for miners using Nvidia GPUs. Additionally, you should also consider the current difficulty level and network hashrate of the digital currency, as these factors can impact your mining profitability. It's always a good idea to do some research and monitor the market before deciding which digital currency to mine with your Nvidia GTX 1080.
- Dec 26, 2021 · 3 years agoIf you're looking for a digital currency to mine with your Nvidia GTX 1080, Ethereum is also worth considering. While Ethereum is not as profitable to mine with Nvidia GPUs compared to AMD GPUs, the GTX 1080 can still generate a decent hashrate. Another option is Ravencoin, which is an ASIC-resistant digital currency designed to be mined with GPUs. Ravencoin has gained popularity among miners and has shown good profitability. Ultimately, the best digital currency to mine with Nvidia's GTX 1080 depends on various factors such as electricity cost, hardware availability, and market conditions. It's important to stay updated with the latest trends and profitability calculations to make an informed decision.
- Dec 26, 2021 · 3 years agoFrom my experience at BYDFi, I can say that mining digital currencies with Nvidia's GTX 1080 can be profitable. However, it's important to choose the right digital currency based on factors such as algorithm, network hashrate, and market conditions. Zcoin and Ravencoin are two digital currencies that have shown good profitability for Nvidia GPU miners. Zcoin uses the Lyra2z algorithm, which is well-suited for Nvidia GPUs, while Ravencoin is designed to be ASIC-resistant and can be mined with GPUs. It's always recommended to do your own research and consider factors like electricity cost and mining difficulty before investing in mining hardware.
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