Featured

Sapphire RX470 & RX580 Crypto Mining – A Beginners Guide

Making Money


OK, I picked a freaking rough time to speak about profits in the crypto world. However, it’s not as simple as it may seem. I ran each card for 24 hours, and they were only pulling around £1 to $1.40 a day. It’s likely to be less than this with any downtime while you’re working or gaming though. The estimate on NiceHash is very rough and changes continuously based on the current script and market value of the coins.

Market Value

Well, that’s a roller coaster right there. Just like a stock/investment, it could make you rich, it could be worthless before you finish your breakfast. I won’t say mining will make you rich, it likely won’t. However, before the price drop of BTC (Bitcoin), a few GPUs could easily mine $10+ a day, which is what caused the boom and subsequent shortage of GPUs. Now it’s about 1/5th of that. Then it gets more interesting. If you were to mine $10 of Bitcoin today, and in six months the value for 5x the current value (if only!), anything you mined previously would also increase up to that value. Of course, if the value drops, the complete opposite happens and your coins are worthless.

Electricity Doesn’t Grow On Trees

Learn how much you pay per kWh for your electricity. The Sapphire AMD RX470 Mining Edition and Sapphire AMD RX580 Pulse are pretty modest regarding power use, drawing about 150/200w each. Right now, that’s barely profitable, but again that can change as the value of Bitcoin goes up or down.

What Cards Should I Buy?

Ideally, I don’t think you should buy any GPU right now. The prices of cards are just too high to justify buying a card just for mining. However, if you get lucky with a nice deal, and they are out there, buying a card for gaming makes far more sense.

Can I Use My Current GPU?

Yup, pretty much any GPU will get the job done. Obviously, the faster the card, the more it’ll be able to mine each day.

Page: 1 2 3 4

Peter Donnell

As a child still in my 30's (but not for long), I spend my day combining my love of music and movies with a life-long passion for gaming, from arcade classics and retro consoles to the latest high-end PC and console games. So it's no wonder I write about tech and test the latest hardware while I enjoy my hobbies!

Disqus Comments Loading...

Recent Posts

Hisense 32 inch Full HD QLED Smart TV 32A5NQTUK

Picture Quality: Quantum Dot Technology | HD Ready (1366x768) | Refresh Rate: 60 hertz |…

6 hours ago

10L Dual Air Fryer

🥦 3D HEAT CIRCULATION FOR HEALTHY EFFICIENCY: The 2850W Air Fryer uses 3D rapid hot…

6 hours ago

MSI PRO MP2412 23.8 Inch Monitor

23.8-INCH FHD PANEL - The PRO MP2412 features a 23.8-inch VA panel (178° wide viewing…

6 hours ago

Samsung Galaxy A35 5G

Bright and vibrant: Meet the brilliant 6.6" FHD+ Super AMOLED Infinity-O display with 1,000 nits…

6 hours ago

AOC Gaming C27G2ZE – 27 Inch FHD Curved Monitor

freesync curved frameless design Display size: 27.0 inches Display technology: LED Was £209.99 Now £139.00…

6 hours ago

NVIDIA GeForce NOW Gets Dragon Age: The Veilguard, 17 More Games

Prepare for a November gaming bonanza as NVIDIA GeForce NOW adds a colossal 18 titles…

7 hours ago