What to Mine? Looking for New Coins for RX580 8GB GPUs

[binanceautotrader]

Hi everyone,

I’ve got 30 RX580 8GB GPUs ready to roll, and I’m looking to mine some new or lesser-known coins with good potential. I’ve been mining the usual suspects (ETH/ETC/RVN), but I’m interested in exploring emerging projects or coins with lower difficulty and decent profitability.


What are you mining right now, or what would you recommend for a setup like mine? Any new projects worth exploring?

Looking forward to your suggestions!

Cheers

[OgNasty]

I’d advise you to use a service like NiceHash and stack Bitcoin with those bad boys. How much did they cost you? How profitable are they? I might have to look into updating my GPUs as I want to play around with some open source AI software as well. Seriously though, use other coins to stack Bitcoin. That’s what they’re for.

[FP91G]

Hi everyone,

I’ve got 30 RX580 8GB GPUs ready to roll, and I’m looking to mine some new or lesser-known coins with good potential. I’ve been mining the usual suspects (ETH/ETC/RVN), but I’m interested in exploring emerging projects or coins with lower difficulty and decent profitability.


What are you mining right now, or what would you recommend for a setup like mine? Any new projects worth exploring?

Looking forward to your suggestions!

Cheers

Do you have free electricity or do you pay for electricity?
Check out the current coins for mining calculator and there payback is very small.  https://hashrate.no/gpus/580
In Russia, these graphics cards are used by those miners who have very cheap or free electricity.
In other cases, mining on them is unprofitable.

[Lafu]

Do you have free electricity or do you pay for electricity?
Check out the current coins for mining calculator and there payback is very small.  https://hashrate.no/gpus/580

As FP91G already said and have written it depends a lot on if you have free electricity or not.
If you have free electricity you can mine all what you want , there are also a few other websites where you can look around whta the best for you is to mine.

I’d advise you to use a service like NiceHash and stack Bitcoin with those bad boys. How much did they cost you? How profitable are they?
Seriously though, use other coins to stack Bitcoin. That’s what they’re for.

Since there last actions with some Accounts on Nicehash and all that KYC i dont know if its the best for using it.
But i am agree that the best profit is to mine other Coins and exchange them for Bitcoin.

[batsonxl]

I have some of them.
I mine everything what i can with them.
Dont look wich is better paying, you never know which coin will pump.

[FP91G]

I have some of them.
I mine everything what i can with them.
Dont look wich is better paying, you never know which coin will pump.

If your electricity is more expensive than 5 cents, then it is more profitable for you to invest in some coins for mining.

I think that these video cards have long been outdated for mining after the end of Ethereum mining and the appearance of some ASICs for other coins

[maXonja]

With 30 RX580s, you've got a solid setup for mining. You could look into Kaspa (KAS), it is becoming really popular among GPU miners because of its fast block times and efficiency.

On what type of drugs are you?

[FloppyPurpleGherkin]

With 30 RX580s, you've got a solid setup for mining. You could look into Kaspa (KAS), it is becoming really popular among GPU miners because of its fast block times and efficiency.

2 year old info, ignore.

[FP91G]

With 30 RX580s, you've got a solid setup for mining. You could look into Kaspa (KAS), it is becoming really popular among GPU miners because of its fast block times and efficiency.

There is no point in even indicating the hashrate of the video cards in these benchmarks.
https://hashrate.no/coins/KAS/benchmarks
With 5 cents per kilowatt the profit will be 1.5 dollars per day, and the problems will be much bigger. Even with free electricity of 4.5 dollars the profit per day will be very small.

[Pandorak]

Hi everyone,

I’ve got 30 RX580 8GB GPUs ready to roll, and I’m looking to mine some new or lesser-known coins with good potential. I’ve been mining the usual suspects (ETH/ETC/RVN), but I’m interested in exploring emerging projects or coins with lower difficulty and decent profitability.


What are you mining right now, or what would you recommend for a setup like mine? Any new projects worth exploring?

Looking forward to your suggestions!

Cheers

Actually there are so many coins that have good potential, lately i saw many people have benefited from mining a coin called Verus, but i am not sure if it could be mined by your gpu, because most of them mined it on phone, stb, or cpu. For reference, you can try to do some searches to see what coins have good potential to be mined through the whattomine site.

Here it is  https://whattomine.com/

[Gyzdark]

Hi everyone,

I’ve got 30 RX580 8GB GPUs ready to roll, and I’m looking to mine some new or lesser-known coins with good potential. I’ve been mining the usual suspects (ETH/ETC/RVN), but I’m interested in exploring emerging projects or coins with lower difficulty and decent profitability.


What are you mining right now, or what would you recommend for a setup like mine? Any new projects worth exploring?

Looking forward to your suggestions!

Cheers

Well the most rewarded tokens on those GPU's are EVR, RVN, XNA, NEOXA MEOWC... But if you're looking for recently launched tokens, I would recommend to keep an eye on the latest kawpow supported tokens on pools like rplant or here on the Altcoin forum.

[Cee2]

Not GPU mining but if you're interested in CPU mining I would suggest 3DPass.

Solo mining only! So no pools to take any commission plus.

It's starting to approach a hundred miners https://www.3dpassmining.info

What's also nice to see from a decentralisation perspective is that every miner has gotten a block in the last 24 hours!

There is a whole ecosystem outside of mining related to RWA for the tech.

Miner set up is described here https://3dpass.org/mainnet.

The mined coins are unlocked at a rate of 10% every 10 days to avoid any dumping.

[batsonxl]

I have some of them.
I mine everything what i can with them.
Dont look wich is better paying, you never know which coin will pump.

If your electricity is more expensive than 5 cents, then it is more profitable for you to invest in some coins for mining.

I think that these video cards have long been outdated for mining after the end of Ethereum mining and the appearance of some ASICs for other coins

My electricity way cheaper than 5cents 

[FP91G]

I have some of them.
I mine everything what i can with them.
Dont look wich is better paying, you never know which coin will pump.

If your electricity is more expensive than 5 cents, then it is more profitable for you to invest in some coins for mining.

I think that these video cards have long been outdated for mining after the end of Ethereum mining and the appearance of some ASICs for other coins

My electricity way cheaper than 5cents 

I already wrote above that with such video cards mining is not very profitable, even if your electricity costs 0 cents. The payback period of such video cards is very good, but due to their cheap price the profit is very small.

[swogerino]

Put them on whatever coin you think will pump and don't hesitate to choose every coin or almost every coin that can be mined you can find them in the Unmineable miner which pays you in the currency of your choice and it is a good one for mining with unprofitable cards. I am using that service to keep playing with my cards and keep them in use, I have two Rtx 3060 ti which is the same as 4 x Rx 580 8GB cards and I am making about 20 cents a day while paying more for electricity so not much you can do nowadays, just be happy with what you got and choose a coin you think will pump up and point your hashrate into it through Unmineable miner.