Miners will not cause a shortage of GeForce RTX 3080: the new product loses to the Radeon RX 5700 in terms of efficiency

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Last updated on May 1st, 2023 at 08:26 pm

Miners will not cause a shortage of GeForce RTX 3080: the new product loses to the Radeon RX 5700 in terms of efficiency

Many users are very interested in how NVIDIA Ampere accelerators show themselves in the production of cryptocurrencies. The players would not want high results, because already at first, inflated prices and problems with supplies are expected. The opposite is true for crypto-raiders. Now, thanks to the first test results of the GeForce RTX 3080, there is reason to believe that a new cryptocurrency rush should not be expected.

Geforce

According to the VideoCardz resource, the NVIDIA GeForce RTX 3080 accelerator showed a result of 73-74 megahashes per second in two miner applications. On the output screen, the card reaches 82-84 megahashes / s. And with maximum memory overclocking, the speed increases to 92-93 megahashes / s.

It is unlikely that such results will please crypto-accelerators: for example, AMD Radeon RX 5700 video cards can offer an indicator of about 50-54 MH / s when mining ETH DaggerHashimoto, which is also comparable to the GeForce RTX 2080 Ti video card, which demonstrates a speed of about 54 MH / s.

It is important to note that the real power consumption of the GeForce RTX 3080 in mining, even without overclocking, is 319 W. At the same time, the Radeon RX 5700 has this figure more than twice as low – 150 watts. That is, for mining cryptocurrencies, you can simply use two Radeon RX 5700 video cards with a more efficient return. And the cost of a pair of these AMD video cards will be cheaper than one GeForce RTX 3080. The only drawback is that they will take two slots instead of one.

DaggerHashimoto is the initial version of the Ethreum Ethash mining algorithm. It is a memory-intensive algorithm designed with ASIC resistance in mind. It should be noted that so far this is only a quick attempt to assess the capabilities of Ampere accelerators for the cryptocurrency market and not the final verdict.

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