Which cryptocurrencies are most profitable to mine with the GTX 1080 Ti hashrate?
Udgar MeshramDec 25, 2021 · 3 years ago3 answers
I am looking to mine cryptocurrencies with my GTX 1080 Ti hashrate. Which cryptocurrencies are currently the most profitable to mine with this specific hardware?
3 answers
- Dec 25, 2021 · 3 years agoWell, if you want to maximize your profits with a GTX 1080 Ti hashrate, you should consider mining Ethereum. Ethereum is one of the most popular and profitable cryptocurrencies to mine, especially with high-end GPUs like the GTX 1080 Ti. Its algorithm, Ethash, is memory-intensive, which makes it a perfect fit for GPUs with large memory capacities like the GTX 1080 Ti. Additionally, Ethereum has a strong market presence and liquidity, which means you can easily convert your mined Ethereum into other cryptocurrencies or fiat currencies.
- Dec 25, 2021 · 3 years agoWhen it comes to mining with a GTX 1080 Ti, another profitable option is Zcash. Zcash is a privacy-focused cryptocurrency that utilizes the Equihash algorithm. Equihash is memory-hard, which means it requires a significant amount of GPU memory to mine efficiently. The GTX 1080 Ti's large memory capacity makes it well-suited for mining Zcash. Zcash also has a decent market value and can be easily traded on various exchanges.
- Dec 25, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, some of the most profitable cryptocurrencies to mine with a GTX 1080 Ti hashrate include Ethereum, Zcash, and Monero. These cryptocurrencies have strong market demand and offer good returns on mining investments. However, it's important to note that mining profitability can vary based on factors such as electricity costs, network difficulty, and market conditions. It's always recommended to do thorough research and consider these factors before starting your mining operation.
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