What are the best digital currencies to mine with an AMD RX 470?

3 answers

• Nov 26, 2021 · 3 years ago
  When it comes to mining with an AMD RX 470, there are several digital currencies that you can consider. Some of the most popular and profitable options include Ethereum, Monero, and Zcash. These cryptocurrencies are known for their mining-friendly algorithms and can provide a good return on investment. However, it's important to note that mining profitability can vary depending on factors such as electricity costs, mining difficulty, and market conditions. It's recommended to do thorough research and consider factors like mining hardware, power consumption, and potential returns before deciding which digital currency to mine with your AMD RX 470.
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• Nov 26, 2021 · 3 years ago
  If you're looking for a more casual and beginner-friendly mining experience, you might want to consider mining Litecoin or Dogecoin. These cryptocurrencies use a different mining algorithm called Scrypt, which is less resource-intensive compared to the algorithms used by Ethereum, Monero, and Zcash. This means that you can mine Litecoin or Dogecoin with your AMD RX 470 without putting too much strain on your graphics card. Additionally, Litecoin and Dogecoin have established communities and are relatively stable in terms of value, making them attractive options for mining enthusiasts.
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• Nov 26, 2021 · 3 years ago
  At BYDFi, we recommend considering Ethereum as one of the best digital currencies to mine with an AMD RX 470. Ethereum is one of the largest and most well-known cryptocurrencies, and its mining algorithm, Ethash, is optimized for AMD graphics cards. With the right mining setup and configuration, you can achieve good mining profitability with Ethereum. However, it's important to stay updated with the latest developments in the Ethereum network, as the upcoming Ethereum 2.0 upgrade may introduce changes to the mining process. As always, it's crucial to do your own research and consider your individual circumstances before making any mining decisions.
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