common-close-0
BYDFi
Trade wherever you are!

What is the estimated profitability of mining cryptocurrencies with GTX 1080 compared to 1660?

avatarDustlotusDec 26, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of the estimated profitability of mining cryptocurrencies using a GTX 1080 and a GTX 1660? I would like to know which graphics card would be more profitable for mining cryptocurrencies. Are there any significant differences in terms of hash rate, power consumption, or mining algorithms between these two cards that could affect their profitability? Additionally, are there any specific cryptocurrencies that are more profitable to mine with either the GTX 1080 or the GTX 1660?

What is the estimated profitability of mining cryptocurrencies with GTX 1080 compared to 1660?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to mining cryptocurrencies, the profitability can vary depending on several factors. In terms of hash rate, the GTX 1080 generally performs better than the GTX 1660. This means that the GTX 1080 can mine cryptocurrencies at a faster rate, potentially resulting in higher profits. However, it's important to consider the power consumption of each card. The GTX 1080 consumes more power compared to the GTX 1660, which can impact the overall profitability. Additionally, the choice of mining algorithm and the specific cryptocurrency being mined can also affect profitability. Some algorithms may favor one card over the other, while certain cryptocurrencies may be more profitable to mine with either the GTX 1080 or the GTX 1660. It's recommended to research the current market conditions and mining profitability of different cryptocurrencies before making a decision.
  • avatarDec 26, 2021 · 3 years ago
    Well, let me break it down for you. The GTX 1080 is a beast when it comes to mining cryptocurrencies. With its higher hash rate, it can churn out those sweet digital coins faster than the GTX 1660. However, don't forget about the power consumption. The GTX 1080 is a power-hungry monster compared to the GTX 1660. So, while you might be mining more coins with the GTX 1080, you'll also be paying more for electricity. As for the specific cryptocurrencies, it really depends on the market. Some coins might be more profitable to mine with the GTX 1080, while others might favor the GTX 1660. It's a constantly changing game, my friend. Keep an eye on the market trends and do your research before diving in.
  • avatarDec 26, 2021 · 3 years ago
    According to our analysis at BYDFi, the GTX 1080 generally offers higher profitability compared to the GTX 1660 when it comes to mining cryptocurrencies. The GTX 1080 has a higher hash rate, which means it can solve more complex mathematical problems and mine more coins per unit of time. However, it's important to consider the power consumption of the GTX 1080, as it consumes more electricity compared to the GTX 1660. This can significantly impact the overall profitability, especially if you're mining in an area with high electricity costs. Additionally, the choice of mining algorithm and the specific cryptocurrency being mined can also affect profitability. Some algorithms may favor one card over the other, and certain cryptocurrencies may be more profitable to mine with either the GTX 1080 or the GTX 1660. It's recommended to stay updated with the latest market trends and conduct thorough research before making any mining decisions.