Monday August 01, 2016

AMD Radeon RX 480 and Mining

I have seen some saying "yes" to RX 480 and mining while others have been in the "no" camp. From the performance side of things, it looks that the RX 480 a bit lackluster compared to the R9 390X, but mining is not all about performance. Any miner worth his salt (pun intended), is going to be aware of power efficiency.

At the average cost of power in the US, around 10 cents per kilowatt-hour as of May 2016, you could expect to pay $440 in electricity per month for a 1 GH/s mining rig using 480s, where a similar setup using 390Xs would cost around $842 per month (this figure excludes the power draw of the other components in the system, but all things equal that’s still a $400 a month difference per GHash).

That's a lot of cash. But we still hope you live where it is cold. And this efficiency could very well be the reason for some stock "shortages" we are still seeing in the RX 480 arena.