What are the most profitable digital currencies to mine with an RX 470 GPU?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to mining digital currencies with an RX 470 GPU, there are several options that can be profitable. One popular choice is Ethereum (ETH), which is one of the largest cryptocurrencies by market capitalization. Another option is Zcash (ZEC), a privacy-focused cryptocurrency. Both of these currencies can be mined using the RX 470 GPU, and they have the potential to generate a decent profit. However, it's important to note that mining profitability can vary based on factors such as electricity costs and the current market conditions.
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more speculative option, you might consider mining smaller, lesser-known cryptocurrencies. These coins often have lower mining difficulty and can potentially provide higher returns. However, it's crucial to do thorough research and due diligence before investing your time and resources into mining these coins. Keep in mind that the cryptocurrency market is highly volatile, and mining profitability can change rapidly.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, recommends considering mining Bitcoin (BTC) or Litecoin (LTC) with an RX 470 GPU. Both of these cryptocurrencies have a strong market presence and a relatively stable mining difficulty. However, it's important to note that mining Bitcoin or Litecoin with a single GPU may not be as profitable as it once was due to the increasing competition and the rise of specialized mining hardware. It's always a good idea to regularly evaluate the mining profitability and adjust your mining strategy accordingly.
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