The RX 470 is a great option for budget-conscious miners who want to get their feet wet in the world of Ethereum mining. Its hashrate is not the highest on the market, but its power consumption is relatively low, making it a cost-effective option.
NOTE: WARNING: Mining cryptocurrencies such as Ethereum with a RX 470 can be a risky endeavor. The RX 470 is not designed to mine cryptocurrency, and using it for such purposes can drastically reduce its lifespan, as well as cause instability in the system. Additionally, mining Ethereum with a RX 470 can be less profitable than other forms of mining, due to the low hash rate of the card. Please proceed with caution if considering using the RX 470 to mine Ethereum.
The biggest downside to the RX 470 is its lack of memory, which can limit its ability to mine some of the more memory-intensive cryptocurrencies. Overall, though, the RX 470 is a good entry-level option for those looking to get into Ethereum mining.
6 Related Question Answers Found
As cryptocurrency prices continue to rise, more and more people are looking for ways to get involved in the market. One way to do this is by mining for cryptocurrency. Cryptocurrency mining is the process of verifying and adding transactions to the public ledger, or blockchain.
The RX 570 is a mid-range graphics card by AMD. It is based on the Polaris architecture and comes with 2048 stream processors. The card is available in 4GB and 8GB variants.
Yes, the Bitmain Antminer can mine Ethereum. When Bitmain released the Antminer E3 in early 2018, it became the most powerful and efficient Ethereum ASIC miner. The Antminer E3 produces a hashrate of 180 MH/s while consuming just under 800 watts of power.
Yes, lolMiner can mine Ethereum. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is mined using the Ethash algorithm.
As cryptocurrency prices continue to rise, more and more people are looking for ways to get involved in the market. One way to do this is through mining, which allows individuals to earn cryptocurrency without having to put down money for it. Can a GTX 760 mine Ethereum?
Yes, MultiMiner can mine Ethereum! MultiMiner is a popular cryptocurrency mining program that is frequently used by miners of all levels of experience, from beginners to experts. The software is versatile and can be used to mine a variety of different cryptocurrencies, including Ethereum.
