Which cryptocurrency mining algorithm is better suited for a 1060 3gb vs 480?

6 answers

• Dec 16, 2021 · 3 years ago
  For a 1060 3GB graphics card, the Equihash algorithm is generally considered to be a good choice. Equihash is memory-intensive, and the 1060 3GB has a decent amount of memory to handle it. This algorithm is used by popular cryptocurrencies like Zcash and Zencash. It's worth noting that the 1060 3GB may not be the most powerful GPU for mining, but it can still provide a decent hashrate with Equihash. Keep in mind that mining profitability can vary based on factors like electricity costs and network difficulty.
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• Dec 16, 2021 · 3 years ago
  When it comes to the 480 graphics card, the DaggerHashimoto algorithm (also known as Ethash) is commonly recommended. Ethash is memory-intensive as well, and the 480 has more memory compared to the 1060 3GB. This algorithm is used by Ethereum and other Ethereum-based cryptocurrencies. The 480 is generally considered to be a better mining GPU compared to the 1060 3GB due to its higher hashrate with Ethash. However, it's important to consider factors like power consumption and heat generation when mining with the 480.
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• Dec 16, 2021 · 3 years ago
  Based on my experience at BYDFi, I would recommend using the DaggerHashimoto algorithm for both the 1060 3GB and the 480 graphics cards. This algorithm is widely supported and offers good mining performance for a range of cryptocurrencies. However, it's important to keep an eye on the mining landscape as algorithms and mining profitability can change over time. Additionally, make sure to optimize your mining setup by using the latest drivers and mining software.
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• Dec 16, 2021 · 3 years ago
  In my opinion, the choice of mining algorithm depends on your specific goals and preferences. If you prioritize privacy and anonymity, then the Equihash algorithm with the 1060 3GB graphics card might be a better fit, as it is used by privacy-focused cryptocurrencies like Zcash. On the other hand, if you are interested in mining Ethereum or other Ethereum-based tokens, then the DaggerHashimoto algorithm with the 480 graphics card would be more suitable. Ultimately, it's important to consider factors like mining profitability, power consumption, and the specific cryptocurrencies you want to mine.
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• Dec 16, 2021 · 3 years ago
  When it comes to mining algorithms, there is no one-size-fits-all answer. Different algorithms have different requirements and offer varying levels of profitability. It's important to research and consider factors like the hashrate, power consumption, and market demand for the cryptocurrencies you plan to mine. Additionally, keep an eye on the latest developments in the mining industry, as new algorithms and optimizations can emerge. Remember to always stay informed and adapt your mining strategy accordingly.
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• Dec 16, 2021 · 3 years ago
  While the Equihash algorithm may be a good fit for the 1060 3GB graphics card, and the DaggerHashimoto algorithm may be recommended for the 480 graphics card, it's worth mentioning that there are other algorithms available for mining. Some popular alternatives include X16R, CryptoNight, and Lyra2REv2. These algorithms are used by various cryptocurrencies and may offer different levels of profitability and mining efficiency. It's always a good idea to explore different options and consider factors like hardware compatibility and market trends when choosing a mining algorithm.
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