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Which digital currencies are most profitable to mine with Nvidia GTX 980 vs 970?

avatarGene YussDec 27, 2021 · 3 years ago3 answers

I am wondering which digital currencies would be the most profitable to mine using Nvidia GTX 980 and Nvidia GTX 970 graphics cards. Can you provide some insights into the most profitable digital currencies for mining with these two GPUs? What factors should I consider when choosing a digital currency to mine with Nvidia GTX 980 vs 970? Are there any specific mining software or settings that I should use for optimal mining performance?

Which digital currencies are most profitable to mine with Nvidia GTX 980 vs 970?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    When it comes to mining digital currencies with Nvidia GTX 980 and Nvidia GTX 970, there are several factors to consider. Firstly, you should take into account the mining algorithm used by the digital currency you are interested in. Different algorithms require different levels of computational power, and some algorithms are better suited for Nvidia GPUs. Additionally, you should consider the current difficulty level of the digital currency and the potential profitability based on its market value. It's also important to keep in mind the electricity costs and the cooling requirements of your mining setup. As for specific digital currencies, some popular options for mining with Nvidia GTX 980 and Nvidia GTX 970 include Ethereum, Zcash, and Monero. However, it's always recommended to do thorough research and stay updated with the latest developments in the digital currency market to make informed decisions.
  • avatarDec 27, 2021 · 3 years ago
    If you're looking to mine digital currencies with Nvidia GTX 980 and Nvidia GTX 970, it's important to consider the power consumption and hash rate of these GPUs. The Nvidia GTX 980 has a higher power consumption and hash rate compared to the Nvidia GTX 970. Therefore, it may be more cost-effective to mine digital currencies that are less power-intensive and still offer good profitability. Some examples of such digital currencies include Ravencoin, Vertcoin, and Grin. These digital currencies are designed to be mined with GPUs and offer decent profitability without requiring high-end hardware. However, it's always recommended to check the current market conditions and do your own calculations to determine the most profitable digital currencies for your specific mining setup.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we believe that the most profitable digital currencies to mine with Nvidia GTX 980 and Nvidia GTX 970 are those that have a combination of high market value, low mining difficulty, and good GPU compatibility. Some digital currencies that meet these criteria include Ethereum, Litecoin, and Dash. These digital currencies have established themselves in the market and have a strong community support. However, it's important to note that the profitability of mining can vary over time due to factors such as market volatility and changes in mining difficulty. Therefore, it's always recommended to stay updated with the latest market trends and adjust your mining strategy accordingly.