Which cryptocurrencies are best suited for mining with the RX 470 8GB and its hashrate?

4 answers

• Mar 23, 2022 · 3 years ago
  When it comes to mining with the RX 470 8GB, some of the best cryptocurrencies to consider are Ethereum (ETH), Monero (XMR), and Zcash (ZEC). These cryptocurrencies are known to be profitable for GPU mining, and the RX 470 8GB can provide a decent hashrate for them. However, it's important to keep in mind that mining profitability can vary depending on factors such as electricity costs and network difficulty.
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• Mar 23, 2022 · 3 years ago
  If you're looking for a more beginner-friendly option, you might want to consider mining Ethereum Classic (ETC) or Ravencoin (RVN) with your RX 470 8GB. These cryptocurrencies are relatively easier to mine compared to others, and they can still provide a decent return on investment. Just make sure to do your research and stay updated on the latest mining trends to maximize your profits.
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• Mar 23, 2022 · 3 years ago
  Based on my experience at BYDFi, I would recommend focusing on Ethereum (ETH) mining with your RX 470 8GB. Ethereum is one of the most popular cryptocurrencies for mining, and it has a strong community and development team behind it. Additionally, there are plenty of resources and guides available online to help you get started with Ethereum mining. Just make sure to optimize your mining settings and keep an eye on the market to make the most out of your mining efforts.
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• Mar 23, 2022 · 3 years ago
  The RX 470 8GB is a capable GPU for mining, and it can handle a variety of cryptocurrencies. Some other options you might want to consider are Litecoin (LTC), Dogecoin (DOGE), and Vertcoin (VTC). These cryptocurrencies have different algorithms and mining requirements, so it's worth exploring them to see which one suits your mining setup and goals the best. Remember to consider factors such as profitability, network stability, and future potential when choosing a cryptocurrency to mine.
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