The radeon rx vega 64 will be excellent for ethereum mining
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The hash rate is one of the most important elements when determining if a graphics card will give little or a lot of performance in cryptocurrency mining. Specifically, the hash rate is the speed at which the software completes an operation on the cryptocurrency code.
A higher hash rate is better when mining cryptocurrencies, such as Ethereum, as it increases the chances of finding the next block and receiving the rewards.
The Radeon RX Vega 64 will provide a hash rate of between 70 and 100
Thus, recently a rumor began to circulate on the Internet that AMD would have informed its partners that its RX Vega 64 graphics card would achieve a high hash rate when mining Ethereum, and it was even said which would double the Vega Frontier's performance in digital currency mining, the rate of which is 30 MH / s.
Now, it appears that the rumor has been confirmed through one of the OCUK employees, who said that the hash rate of the RX Vega 64 will be between 70 and 100 per unit, which is surprisingly good.
At the same time, this is bad news for gamers and graphics card manufacturers, considering that Ethereum miners will start buying these cards in batches, leaving gamers out of stock.
On the other hand, this is bad news for manufacturers because user cards that mine cryptocurrencies have a high return percentage and can flood the market with second-hand GPUs as soon as the cryptocurrency becomes cheaper.
To counteract this problem, manufacturers often issue special mining cards with shorter warranties. However, the USA and the EU do not allow these practices in relation to guarantees, so it would only be useful in brands such as China.
With the Radeon RX Vega, AMD introduced the Radeon Packs to minimize potential stock issues caused by cryptocurrency mining, but we remain unsure how this will help when most cards are pre-sold to miners.
To give you a better idea about the performance of graphics cards in Ethereum mining, TechSpot recently created a comparison between all popular graphics cards:
Source: Videocardz | TechSpot
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