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What is the mining performance difference between AMD RX 470 and GTX 970 for cryptocurrencies?

avatarKofoed MercadoDec 27, 2021 · 3 years ago10 answers

I would like to know the difference in mining performance between the AMD RX 470 and GTX 970 graphics cards specifically for mining cryptocurrencies. Which one of these GPUs would be more efficient and profitable for mining? Are there any significant differences in terms of hash rate, power consumption, or mining algorithms supported?

What is the mining performance difference between AMD RX 470 and GTX 970 for cryptocurrencies?

10 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to mining cryptocurrencies, the mining performance of the AMD RX 470 and GTX 970 can vary. The AMD RX 470 generally offers a higher hash rate compared to the GTX 970, making it more efficient for mining. However, it's important to consider other factors such as power consumption and mining algorithms supported. The GTX 970 may have a lower power consumption, which could result in higher profitability in some cases. Additionally, certain mining algorithms may be better optimized for one GPU over the other. It's recommended to research the specific cryptocurrencies you plan to mine and their mining algorithms to determine which GPU would be more suitable.
  • avatarDec 27, 2021 · 3 years ago
    Well, let me break it down for you. The AMD RX 470 and GTX 970 are both capable GPUs for mining cryptocurrencies. However, the AMD RX 470 tends to have a higher hash rate, which means it can solve more complex mathematical problems and mine more coins per unit of time. On the other hand, the GTX 970 may have a lower power consumption, which can result in lower electricity costs and potentially higher profitability. It's important to consider your specific mining setup, electricity costs, and the cryptocurrencies you plan to mine before making a decision.
  • avatarDec 27, 2021 · 3 years ago
    According to my research, the AMD RX 470 generally outperforms the GTX 970 in terms of mining performance for cryptocurrencies. The RX 470 has a higher hash rate, which means it can mine more coins per unit of time compared to the GTX 970. However, it's worth noting that the GTX 970 may have a lower power consumption, which can result in lower electricity costs. Ultimately, the choice between the two GPUs depends on your specific mining goals and priorities. If you prioritize higher hash rates and potential profitability, the AMD RX 470 may be the better choice. However, if you're looking for a more energy-efficient option, the GTX 970 could be a viable alternative.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can confidently say that the AMD RX 470 is the superior choice for mining cryptocurrencies compared to the GTX 970. The RX 470 offers a higher hash rate, which translates to faster and more efficient mining. Additionally, the RX 470 is known for its compatibility with various mining algorithms, making it a versatile option for mining different cryptocurrencies. While the GTX 970 may have a lower power consumption, the performance difference is significant enough to make the RX 470 the more profitable choice overall.
  • avatarDec 27, 2021 · 3 years ago
    Based on my experience, the AMD RX 470 is the go-to GPU for mining cryptocurrencies. Its higher hash rate and better compatibility with mining algorithms give it a clear advantage over the GTX 970. However, it's important to consider other factors such as power consumption and electricity costs. The GTX 970 may have a lower power consumption, which can result in lower operating costs. Ultimately, it's a trade-off between hash rate and power efficiency. If you're looking for maximum mining performance, the AMD RX 470 is the way to go.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend using the AMD RX 470 for mining cryptocurrencies. It offers a higher hash rate compared to the GTX 970, making it more efficient and profitable for mining. Additionally, the RX 470 is known for its compatibility with various mining algorithms, allowing you to mine a wide range of cryptocurrencies. While the GTX 970 may have a lower power consumption, the performance difference is significant enough to make the RX 470 the preferred choice. Keep in mind that mining performance can vary depending on factors such as overclocking, cooling, and software optimization.
  • avatarDec 27, 2021 · 3 years ago
    The mining performance difference between the AMD RX 470 and GTX 970 for cryptocurrencies is quite significant. The AMD RX 470 generally outperforms the GTX 970 in terms of hash rate, making it the preferred choice for mining. However, it's important to consider other factors such as power consumption and mining algorithms supported. The GTX 970 may have a lower power consumption, which can result in lower electricity costs. Additionally, certain mining algorithms may be better optimized for one GPU over the other. It's recommended to research and compare the specific mining performance of these GPUs for the cryptocurrencies you plan to mine.
  • avatarDec 27, 2021 · 3 years ago
    In terms of mining performance for cryptocurrencies, the AMD RX 470 is the clear winner compared to the GTX 970. The RX 470 offers a higher hash rate, which means it can mine more coins per unit of time. This higher mining efficiency translates to potentially higher profitability. However, it's important to consider other factors such as power consumption and electricity costs. The GTX 970 may have a lower power consumption, which can result in lower operating costs. Ultimately, the choice between the two GPUs depends on your specific mining setup and priorities.
  • avatarDec 27, 2021 · 3 years ago
    The mining performance difference between the AMD RX 470 and GTX 970 for cryptocurrencies can be summarized as follows: the RX 470 generally offers a higher hash rate, making it more efficient for mining. However, the GTX 970 may have a lower power consumption, which can result in lower electricity costs. It's important to consider your specific mining goals and priorities when choosing between these GPUs. If you prioritize higher hash rates and potential profitability, the AMD RX 470 is the better choice. On the other hand, if you're looking for a more energy-efficient option, the GTX 970 may be more suitable.
  • avatarDec 27, 2021 · 3 years ago
    The AMD RX 470 and GTX 970 are both capable GPUs for mining cryptocurrencies. However, the AMD RX 470 tends to have a higher hash rate, which means it can mine more coins per unit of time. This higher mining efficiency can result in higher profitability. On the other hand, the GTX 970 may have a lower power consumption, which can lead to lower electricity costs. It's important to consider your specific mining setup, electricity costs, and the cryptocurrencies you plan to mine before making a decision. Ultimately, it's a trade-off between hash rate and power efficiency.