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AMD's Radeon RX 6800 Likely to Be New Hit with Cryptocurrency Miners. How Does It Compare to Nvidia's RTX 3090?

Mon, 11/09/2020 - 16:16
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Alex Dovbnya
Here's how much you will be able to make by mining crypto with AMD's Radeon RX 6800
AMD's Radeon RX 6800 Likely to Be New Hit with Cryptocurrency Miners. How Does It Compare to Nvidia's RTX 3090?
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The race to dominate the reviving GPU mining sector is already heating up, and AMD's Radeon RX 6800 is likely to become the new darling of cryptocurrency miners.

According to an OC3D report dated Nov. 9, the highly-anticipated graphics card—which will set you back $579—is estimated to be 50 percent more profitable than Nvidia's RTX 3090.

Although Nvidia has historically offered better performing GPUs, Radeon RX 6800 could potentially be a game changer since it is both cheaper and more efficient. Videocardz estimates that NiceHash miners could earn up to $150 per month with this graphics card as opposed to $100 with Nvidia's RTX 3090.

Prepare for supply shortages

AMD is expected to release its flagship GPU on Nov. 18 together with its even more expensive sibling, AMD Radeon RX 6800 XT.

Following the launch of Nvidia's Ampere GeForce GPUs, AMD's new products are also generating plenty of buzzso much so that their rollout is also expected to be plagued by shortages. Those who will not be able to order those cards within the first few minutes will likely experience sticker shock in the coming weeks.

This will, of course, negatively affect gamers who may not be able to get their hands on the hottest hardware.

As reported by U.Today, Chinese mining farm operators had already managed to get their hands on Nvidia's GPUs even before they became officially available. The same appears to be happening with AMD's latest beast.

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GPUs for miners

Meanwhile, AMD and Taiwanese gaming company MSI are both rumored to release repurposed GPUs that are specifically dedicated to cryptocurrency mining.

However, old display-less graphics cards will hardly be more attractive than the brand-new Radeon RX 6800.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at