What are the pros and cons of using 1060 and 580 for cryptocurrency mining according to Reddit users?

3 answers

• Dec 05, 2021 · 3 years ago
  According to Reddit users, the Nvidia GTX 1060 is praised for its excellent mining performance and power efficiency. It offers a good balance between hash rate and power consumption, making it a popular choice among miners. However, some users have reported that the GTX 1060 can be more expensive compared to the AMD RX 580. Additionally, the GTX 1060 may have limited compatibility with certain mining algorithms, which could affect its overall profitability.
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• Dec 05, 2021 · 3 years ago
  Reddit users have also highlighted the advantages of using the AMD RX 580 for cryptocurrency mining. The RX 580 is known for its lower price compared to the GTX 1060, making it a more cost-effective option for miners. It also offers competitive mining performance and is compatible with a wide range of mining algorithms. However, some users have mentioned that the RX 580 tends to consume more power compared to the GTX 1060, which could impact the overall profitability.
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• Dec 05, 2021 · 3 years ago
  As an expert from BYDFi, I can confirm that both the Nvidia GTX 1060 and AMD RX 580 have their own strengths and weaknesses when it comes to cryptocurrency mining. The GTX 1060 excels in terms of power efficiency and offers a good balance between performance and cost. On the other hand, the RX 580 is more affordable and compatible with a wider range of mining algorithms. Ultimately, the choice between the two depends on individual preferences and mining goals. It's important to consider factors such as upfront cost, power consumption, and mining algorithm compatibility to maximize profitability.
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