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Which version of GTX 1060, 3GB or 6GB, is more profitable for mining cryptocurrencies?

avatarMuhammed BasilDec 25, 2021 · 3 years ago3 answers

I'm considering mining cryptocurrencies and I'm wondering which version of the GTX 1060, the 3GB or the 6GB, would be more profitable for mining? Can you provide some insights on the differences between these two versions and their impact on mining profitability?

Which version of GTX 1060, 3GB or 6GB, is more profitable for mining cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The profitability of mining cryptocurrencies with the GTX 1060 depends on various factors, including the mining algorithm, power consumption, and the price of electricity. Generally, the 6GB version of the GTX 1060 is more profitable for mining compared to the 3GB version. The additional VRAM in the 6GB version allows for better performance in memory-intensive mining algorithms, resulting in higher hash rates and potentially higher profits. However, it's important to consider the upfront cost of the 6GB version, as it is typically more expensive than the 3GB version. Additionally, the 6GB version may consume slightly more power, which can impact overall profitability. It's recommended to do further research and calculations based on your specific mining setup and the cryptocurrencies you plan to mine to determine the most profitable option for you.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to mining cryptocurrencies with the GTX 1060, the 6GB version is generally considered to be more profitable. The additional VRAM in the 6GB version allows for better performance in memory-intensive mining algorithms, resulting in higher hash rates and potentially higher profits. However, it's important to note that mining profitability is not solely determined by the GPU, but also by other factors such as electricity costs, mining software, and the specific cryptocurrency being mined. It's recommended to use mining profitability calculators and consider the overall cost-effectiveness of the 6GB version compared to the 3GB version before making a decision.
  • avatarDec 25, 2021 · 3 years ago
    Based on my experience at BYDFi, the 6GB version of the GTX 1060 tends to be more profitable for mining cryptocurrencies compared to the 3GB version. The additional VRAM in the 6GB version allows for better performance in memory-intensive mining algorithms, resulting in higher hash rates and potentially higher profits. However, it's important to consider the upfront cost of the 6GB version, as it is typically more expensive. Additionally, factors such as electricity costs and the specific cryptocurrency being mined can also impact profitability. It's recommended to do thorough research and calculations to determine the most profitable option for your mining setup.