What are the best cryptocurrencies to mine with NVIDIA RTX 3070 vs 3080 in terms of profitability?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to mining cryptocurrencies with NVIDIA RTX 3070 and 3080, there are several options that can be profitable. One popular choice is Ethereum (ETH), which is currently one of the most valuable and widely used cryptocurrencies. Another option is Ravencoin (RVN), which is specifically designed for mining and has gained popularity among miners. Additionally, Zcash (ZEC) and Monero (XMR) are known for their privacy features and can also be profitable to mine. It's important to note that profitability can vary depending on factors such as electricity costs, mining difficulty, and market conditions.
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• Dec 16, 2021 · 3 years ago
  If you're looking for a more speculative option, you might consider mining altcoins like Dogecoin (DOGE) or Litecoin (LTC). These cryptocurrencies have lower market caps compared to Bitcoin and Ethereum, but they can still be profitable to mine if their prices increase significantly in the future. However, it's important to do thorough research and consider the risks involved before investing time and resources into mining these altcoins.
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• Dec 16, 2021 · 3 years ago
  Based on my experience at BYDFi, I would recommend considering the profitability of mining stablecoins like Tether (USDT) or USD Coin (USDC). These cryptocurrencies are pegged to the value of fiat currencies, such as the US dollar, and their prices are relatively stable. By mining stablecoins, you can avoid the volatility associated with other cryptocurrencies and potentially earn a steady income. However, it's important to note that stablecoins may have different mining requirements and processes compared to other cryptocurrencies.
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