Which graphics card, the 580 or the 1070, is more profitable for cryptocurrency mining?

3 answers

• Dec 28, 2021 · 3 years ago
  When it comes to cryptocurrency mining, the profitability of a graphics card depends on several factors such as its hash rate, power consumption, and the current market conditions. Both the 580 and the 1070 are popular choices among miners, but their profitability can vary depending on the specific cryptocurrency being mined. It's important to consider the algorithm used by the cryptocurrency and compare the hash rates and power consumption of the two cards to determine which one would be more profitable in your specific mining setup.
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• Dec 28, 2021 · 3 years ago
  In my experience, the 1070 tends to be more profitable for cryptocurrency mining compared to the 580. The 1070 generally has a higher hash rate and better power efficiency, which translates to higher mining rewards and lower electricity costs. However, it's worth noting that the profitability of mining can fluctuate based on the market conditions and the specific cryptocurrency being mined. It's always a good idea to do thorough research and consider factors like electricity costs and mining difficulty before making a decision.
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• Dec 28, 2021 · 3 years ago
  Based on my knowledge as a representative from BYDFi, both the 580 and the 1070 can be profitable for cryptocurrency mining, but the 1070 generally offers better performance and efficiency. The 1070 has a higher hash rate and lower power consumption compared to the 580, which can result in higher profitability. However, it's important to consider other factors such as the cost of the graphics card and the specific cryptocurrency being mined. It's recommended to use mining profitability calculators and stay updated with the latest market trends to make an informed decision.
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